XML 30 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
Financial Instruments (Unaudited) Not Designated as Hedging Instruments (Details)
Jun. 30, 2012
lb
Embedded derivatives in provisional sales contracts - Copper [Member] | Derivatives not designated as hedging instruments [Member]
 
Derivative [Line Items]  
Derivative held (in lbs except gold in oz) 484,000,000
Average contract price 3.62
Average market price 3.48
Maturities through November 2012
Embedded derivatives in provisional sales contracts - Gold [Member] | Derivatives not designated as hedging instruments [Member]
 
Derivative [Line Items]  
Derivative held (in lbs except gold in oz) 96,000
Average contract price 1,600
Average market price 1,585
Maturities through September 2012
Embedded derivatives in provisional purchase contracts - Copper [Member] | Derivatives not designated as hedging instruments [Member]
 
Derivative [Line Items]  
Derivative held (in lbs except gold in oz) 282,000,000
Average contract price 3.57
Average market price 3.49
Maturities through October 2012
Freeport McMoRan Corporation [Member] | Fair Value Hedging [Member] | Commodity Contract [Member] | Derivatives designated as hedging instruments [Member]
 
Derivative [Line Items]  
Derivative held (in lbs except gold in oz) 65,000,000
Average contract price 3.55
Maturities through December 2013
Atlantic Copper [Member] | Forward Contracts [Member] | Derivatives not designated as hedging instruments [Member]
 
Derivative [Line Items]  
Derivative held (in lbs except gold in oz) 23,000,000
Average contract price 3.36
Maturities through August 2012