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INVENTORIES, INCLUDING LONG-TERM MILL AND LEACH STOCKPILES (Components of Inventories) (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Components of Inventories [Line Items]    
Total product inventories $ 1,400 $ 1,226
Total material and supplies, net 1,504 [1] 1,354 [1]
Inventory obsolescence reserves 27 26
Mining Operations [Member]
   
Components of Inventories [Line Items]    
Raw materials 2 [2] 1 [2]
Finished goods 904 [2],[3] 769 [2],[3]
Atlantic Copper [Member]
   
Components of Inventories [Line Items]    
Raw materials 235 260
Work-in-process 252 187
Finished goods $ 7 $ 9
[1] Materials and supplies inventory was net of obsolescence reserves totaling $27 million at December 31, 2012, and $26 million at December 31, 2011.
[2] FCX's mining operations also have work-in-process inventories (i.e., mill and leach stockpiles), which are summarized below.
[3] Primarily included molybdenum concentrates and copper concentrates, anodes, cathodes and rod.