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Long-Term Debt (Narrative) (Details) (USD $)
12 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 0 Months Ended
Dec. 31, 2011
Jul. 22, 2011
Jul. 22, 2011
Revolving Credit Facility [Member]
Sep. 30, 2011
Revolving Credit Facility [Member]
Jul. 22, 2011
Asset-Based Revolving Credit Facility [Member]
Dec. 31, 2011
Asset-Based Revolving Credit Facility [Member]
Jul. 22, 2011
Asset-Based Revolving Credit Facility [Member]
Maximum [Member]
Jul. 22, 2011
Asset-Based Revolving Credit Facility [Member]
Minimum [Member]
Dec. 15, 2009
Subordinated Convertible Notes [Member]
Dec. 31, 2011
9.5% Senior Notes [Member]
Dec. 31, 2011
Senior Floating Rate Notes [Member]
Dec. 31, 2010
Senior Floating Rate Notes [Member]
Dec. 31, 2011
Senior Floating Rate Notes Due 2015 [Member]
Dec. 31, 2011
Subordinated Convertible Notes Due 2029 [Member]
Dec. 31, 2010
Subordinated Convertible Notes Due 2029 [Member]
Dec. 15, 2009
Subordinated Convertible Notes Due 2029 [Member]
Dec. 31, 2011
Senior Unsecured Notes [Member]
Nov. 30, 2006
0.875% Convertible Notes Due 2013 [Member]
Dec. 31, 2011
0.875% Convertible Notes Due 2013 [Member]
Jul. 22, 2011
0.875% Convertible Notes Due 2013 [Member]
Dec. 31, 2010
0.875% Convertible Notes Due 2013 [Member]
Dec. 15, 2009
1.00% Senior Convertible Notes Due 2012 [Member]
Dec. 31, 2011
1.00% Senior Convertible Notes Due 2012 [Member]
Dec. 31, 2010
1.00% Senior Convertible Notes Due 2012 [Member]
Dec. 31, 2008
1.00% Senior Convertible Notes Due 2012 [Member]
Sep. 30, 2007
1.00% Senior Convertible Notes Due 2012 [Member]
Dec. 31, 2011
7.125% Senior Notes Due 2017 [Member]
Dec. 31, 2010
7.125% Senior Notes Due 2017 [Member]
Jul. 22, 2011
CANADA [Member]
Asset-Based Revolving Credit Facility [Member]
Dec. 31, 2011
Parent Company [Member]
Senior Floating Rate Notes [Member]
Dec. 31, 2010
Parent Company [Member]
Senior Floating Rate Notes [Member]
Dec. 31, 2010
Parent Company [Member]
Subordinated Convertible Notes Due 2029 [Member]
Dec. 31, 2010
Parent Company [Member]
0.875% Convertible Notes Due 2013 [Member]
Dec. 31, 2010
Parent Company [Member]
1.00% Senior Convertible Notes Due 2012 [Member]
Dec. 31, 2010
Parent Company [Member]
7.125% Senior Notes Due 2017 [Member]
Dec. 15, 2009
Parent Company [Member]
North America [Member]
Subordinated Convertible Notes [Member]
Dec. 31, 2011
Parent Company [Member]
North America [Member]
Senior Floating Rate Notes [Member]
Dec. 31, 2011
Parent Company [Member]
North America [Member]
Senior Floating Rate Notes Due 2015 [Member]
Dec. 31, 2011
Parent Company [Member]
North America [Member]
Subordinated Convertible Notes Due 2029 [Member]
Dec. 31, 2010
Parent Company [Member]
North America [Member]
Subordinated Convertible Notes Due 2029 [Member]
Dec. 15, 2009
Parent Company [Member]
North America [Member]
Subordinated Convertible Notes Due 2029 [Member]
Dec. 31, 2011
Parent Company [Member]
North America [Member]
0.875% Convertible Notes Due 2013 [Member]
Dec. 31, 2010
Parent Company [Member]
North America [Member]
0.875% Convertible Notes Due 2013 [Member]
Nov. 30, 2006
Parent Company [Member]
North America [Member]
0.875% Convertible Notes Due 2013 [Member]
Dec. 31, 2011
Parent Company [Member]
North America [Member]
1.00% Senior Convertible Notes Due 2012 [Member]
Dec. 31, 2010
Parent Company [Member]
North America [Member]
1.00% Senior Convertible Notes Due 2012 [Member]
Dec. 15, 2009
Parent Company [Member]
North America [Member]
1.00% Senior Convertible Notes Due 2012 [Member]
Dec. 31, 2011
Parent Company [Member]
North America [Member]
7.125% Senior Notes Due 2017 [Member]
Jul. 22, 2011
Potential Increase [Member]
Asset-Based Revolving Credit Facility [Member]
Maturities of long-term debt range, start Dec. 31, 2012                                                                                                
Maturities of long-term debt range, end Dec. 31, 2016                                                                                                
Maturities of long-term debt in 2012 $ 156,300,000                                                                                                
Maturities of long-term debt in 2013 343,600,000                                                                                                
Maturities of long-term debt in 2014 9,800,000                                                                                                
Maturities of long-term debt in 2015 163,100,000                                                                                                
Maturities of long-term debt in 2016 1,400,000                                                                                                
Maturities of long-term debt in 2017 and thereafter 374,700,000                                                                                                
Principal amount of Subordinated Convertible Notes for each $1000 of Senior Convertible Notes                               925                                                                  
Principal amount of Senior Convertible Notes for each $925 of Subordinated Convertible Notes                                           1,000                                                      
Conversion price per share                           $ 36.75 [1]         $ 50.36 [1]       $ 83.93 [1]                                                    
Converted instrument, warrants or options issued 7,048,880                                                                                                
Debt principal amount                         125,000,000       325,000,000     355,000,000           475,000,000 200,000,000 200,000,000   125,000,000 125,000,000 429,500,000 355,000,000 10,600,000 200,000,000 429,500,000   125,000,000 429,500,000 429,500,000 429,500,000 355,000,000 355,000,000 355,000,000 10,600,000 10,600,000 10,600,000 200,000,000  
Debt maturity date                                                                         2015 2015 2029     2013     2012     2017  
Line of credit facility, expiration period           90 days                                                                                      
Interest rate on notes                   9.50% 3.00% 2.70%             0.875%     1.00% 1.00%       7.125% 7.125%                                       7.125%  
Fair value of debt                     117,500,000 114,400,000   412,300,000 521,000,000       329,700,000   350,600,000   9,800,000 9,700,000     198,500,000 197,500,000                                          
Nonconvertible debt borrowing rate on debt instrument issuance date                 12.50%                 7.35% 0.875%       1.00%   7.50%   7.125%                                            
Liability component of convertible notes                 162,900,000         165,100,000 163,900,000     230,900,000 314,400,000   295,500,000 389,700,000 10,100,000 9,500,000   348,200,000                                              
Equity component of convertible notes                 266,600,000                 124,100,000       74,700,000       126,800,000                                              
Debt issuance fees and expenses                 14,500,000                                                                                
Percentage of convertible notes tendered in exchange offer                                           97.80% 97.80%                                                    
Amount of convertible notes tendered in exchange offer                                           464,400,000 464,400,000                                                    
Debt instrument original issuance date                                   Nov. 30, 2006         Sep. 30, 2007                                                    
Purchase price of Phelps Dodge International Corporation funded by proceeds from notes                                             707,600,000                                                    
Common stock covered under note hedge                           11,686,075 [1]         7,048,880 [1]       5,659,245 [1]                                                    
Strike price of warrants, per share $ 76.00                                   $ 76.00                                                            
Premium over the closing price of the Companys shares of common stock included in strick price                                     92.40%                                                            
Payment of outstanding debt including accrued interest, under the Company's amended credit facility                                     87,800,000                                                            
Payments for cost of note hedges                                     124,500,000                                                            
Payment of issuance costs and expenses of related to notes                                 7,900,000   9,400,000       12,300,000                                                    
Proceeds from the issuance of the warrants                                     80,400,000                                                            
Net increase in cash from receipt of the funds from convertible notes and related payments used for general                                     213,700,000                                                            
Notes originally issued amount                                 325,000,000                                                                
Payments for senior notes                   285,000,000                                                                              
Payment for accrued interest related to senior notes                   9,300,000                                                                              
Payment for tender fees and the inducement premium related to senior notes                   20,500,000                                                                              
Net cash proceeds from notes used for general corporate purposes                                 2,300,000                                                                
Borrowing capacity under credit facility   400,000,000 400,000,000   400,000,000                                                                                        
Credit facility term period, years         5 years                                                                                        
Portion of credit facility designated for foreign currency tranche                                                         40,000,000                                        
Revolving credit facility, increase in additional borrowings                                                                                                 100,000,000
Line of credit facility, expiration date     Jul. 31, 2012                                                                                            
Deferred financing costs capitalized           4,800,000                                                                                      
Unamortized fees and expenses       1,300,000                                                                                          
Threshold for line of credit facility borrowings               40,000,000                                                                                  
Threshold for line of credit facility Percentage Of Asset Based Revolving Credit Facililties         10.00%                                                                                        
Equity interest pledged in foreign subsidiaries, percentage         65.00%                                                                                        
Line of credit facility commitment fee, percentage             0.50% 0.375%                                                                                  
Non-cash loss on debt extinguishment                                           7,600,000                                                      
Non-cash loss on debt extinguishment, per share                                           $ 0.10                                                      
Write-off of unamortized debt                                           $ 4,900,000                                                      
[1] In the event of a “fundamental change” or exceeding the aforementioned average pricing thresholds, the Company would be required to classify the amount outstanding as a current liability.