$FCX
FREEPORT-MCMORAN INC

2011 Q4 Form 10-Q Financial Statement

#000083125911000062 Filed on November 04, 2011

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2010 Q3
Revenue $4.162B $5.195B $5.152B
YoY Change -25.72% 0.83% 24.32%
Cost Of Revenue $2.660B $2.827B $2.534B
YoY Change 13.24% 11.56% 28.83%
Gross Profit $1.502B $2.368B $2.618B
YoY Change -53.84% -9.55% 20.26%
Gross Profit Margin 36.09% 45.58% 50.82%
Selling, General & Admin $92.00M $102.0M $81.00M
YoY Change -11.54% 25.93% 9.46%
% of Gross Profit 6.13% 4.31% 3.09%
Research & Development $77.00M $78.00M $35.00M
YoY Change 97.44% 122.86% 84.21%
% of Gross Profit 5.13% 3.29% 1.34%
Depreciation & Amortization $266.0M $257.0M $301.0M
YoY Change 7.26% -14.62% 11.9%
% of Gross Profit 17.71% 10.85% 11.5%
Operating Expenses $205.0M $102.0M $81.00M
YoY Change 30.57% 25.93% 9.46%
Operating Profit $1.297B $2.150B $2.499B
YoY Change -58.12% -13.97% 19.91%
Interest Expense -$62.00M $78.00M $103.0M
YoY Change -32.61% -24.27% -163.58%
% of Operating Profit -4.78% 3.63% 4.12%
Other Income/Expense, Net $18.00M $28.00M -$19.00M
YoY Change -220.0% -247.37% 171.43%
Pretax Income $1.253B $2.100B $2.377B
YoY Change -58.04% -11.65% 26.17%
Income Tax $389.0M $808.0M $845.0M
% Of Pretax Income 31.05% 38.48% 35.55%
Net Earnings $866.0M $1.294B $1.533B
YoY Change -55.91% -15.59% 27.43%
Net Earnings / Revenue 20.81% 24.91% 29.76%
Basic Earnings Per Share $0.67 $1.11 $1.25
Diluted Earnings Per Share $0.67 $1.10 $1.24
COMMON SHARES
Basic Shares Outstanding 947.9M shares 948.0M shares 941.0M shares
Diluted Shares Outstanding 955.0M shares 947.0M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.822B $5.128B $3.720B
YoY Change 29.0% 37.85% 63.95%
Cash & Equivalents $4.822B $5.128B $3.720B
Short-Term Investments
Other Short-Term Assets $214.0M $413.0M $208.0M
YoY Change -15.75% 98.56% -43.01%
Inventory $3.869B $3.721B $3.035B
Prepaid Expenses
Receivables $892.0M $1.139B $1.860B
Other Receivables $250.0M $307.0M $255.0M
Total Short-Term Assets $10.05B $10.71B $9.078B
YoY Change 1.99% 17.96% 22.58%
LONG-TERM ASSETS
Property, Plant & Equipment $18.45B $17.97B $16.46B
YoY Change 9.91% 9.14% 2.4%
Goodwill
YoY Change
Intangibles $325.0M $321.0M
YoY Change -0.91%
Long-Term Investments
YoY Change
Other Assets $1.213B $1.114B $2.082B
YoY Change 52.2% -46.49% 364.73%
Total Long-Term Assets $22.02B $21.00B $18.87B
YoY Change 12.74% 11.27% 3.14%
TOTAL ASSETS
Total Short-Term Assets $10.05B $10.71B $9.078B
Total Long-Term Assets $22.02B $21.00B $18.87B
Total Assets $32.07B $31.71B $27.95B
YoY Change 9.13% 13.44% 8.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.149B $2.580B $2.404B
YoY Change -11.96% 7.32% 21.05%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.000M $4.000M $98.00M
YoY Change -95.79% -95.92% 122.73%
Total Short-Term Liabilities $2.940B $3.181B $3.272B
YoY Change -21.87% -2.78% 3.64%
LONG-TERM LIABILITIES
Long-Term Debt $3.533B $3.531B $4.681B
YoY Change -24.18% -24.57% -28.84%
Other Long-Term Liabilities $1.651B $1.441B $3.431B
YoY Change 13.16% -58.0% 150.44%
Total Long-Term Liabilities $5.184B $4.972B $8.112B
YoY Change -15.28% -38.71% 2.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.940B $3.181B $3.272B
Total Long-Term Liabilities $5.184B $4.972B $8.112B
Total Liabilities $13.52B $13.66B $16.36B
YoY Change -8.83% -16.5% 3.7%
SHAREHOLDERS EQUITY
Retained Earnings $546.0M $144.0M
YoY Change -121.08%
Common Stock $107.0M $107.0M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.553B $3.554B
YoY Change 3.25%
Treasury Stock Shares 123.0M shares
Shareholders Equity $15.64B $15.36B $11.60B
YoY Change
Total Liabilities & Shareholders Equity $32.07B $31.71B $27.95B
YoY Change 9.13% 13.44% 8.74%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2010 Q3
OPERATING ACTIVITIES
Net Income $866.0M $1.294B $1.533B
YoY Change -55.91% -15.59% 27.43%
Depreciation, Depletion And Amortization $266.0M $257.0M $301.0M
YoY Change 7.26% -14.62% 11.9%
Cash From Operating Activities $746.0M $1.835B $1.336B
YoY Change -63.7% 37.35% -31.63%
INVESTING ACTIVITIES
Capital Expenditures -$785.0M -$717.0M -$350.0M
YoY Change 46.73% 104.86% 44.03%
Acquisitions
YoY Change
Other Investing Activities -$25.00M $5.000M $12.00M
YoY Change -94.76% -58.33% -250.0%
Cash From Investing Activities -$810.0M -$712.0M -$338.0M
YoY Change -19.96% 110.65% 34.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -242.0M -373.0M -320.0M
YoY Change -76.39% 16.56% -57.5%
NET CHANGE
Cash From Operating Activities 746.0M 1.835B 1.336B
Cash From Investing Activities -810.0M -712.0M -338.0M
Cash From Financing Activities -242.0M -373.0M -320.0M
Net Change In Cash -306.0M 750.0M 678.0M
YoY Change -1800.0% 10.62% -28.63%
FREE CASH FLOW
Cash From Operating Activities $746.0M $1.835B $1.336B
Capital Expenditures -$785.0M -$717.0M -$350.0M
Free Cash Flow $1.531B $2.552B $1.686B
YoY Change -40.89% 51.36% -23.26%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2011Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
2580000000 USD
CY2010Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
2441000000 USD
CY2011Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1139000000 USD
CY2010Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2132000000 USD
CY2010Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
648000000 USD
CY2011Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
110000000 USD
CY2011Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-314000000 USD
CY2010Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-323000000 USD
CY2010Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
18751000000 USD
CY2011Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
18974000000 USD
us-gaap Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
877000000 USD
us-gaap Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
1749000000 USD
CY2011Q3 us-gaap Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
717000000 USD
CY2010Q3 us-gaap Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
350000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
92000000 USD
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
16000000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2010Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2011Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2011Q3 us-gaap Assets
Assets
31708000000 USD
CY2010Q4 us-gaap Assets
Assets
29386000000 USD
CY2010Q3 us-gaap Assets
Assets
27951000000 USD
CY2010Q4 us-gaap Assets Current
AssetsCurrent
9851000000 USD
CY2011Q3 us-gaap Assets Current
AssetsCurrent
10708000000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3738000000 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5128000000 USD
CY2009Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2656000000 USD
CY2010Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3720000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1390000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1064000000 USD
CY2010Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2011Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.25
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
CY2011Q3 us-gaap Common Stock Value
CommonStockValue
107000000 USD
CY2010Q4 us-gaap Common Stock Value
CommonStockValue
107000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3900000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2800000000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1100000000 USD
CY2010Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1200000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
4890000000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
7022000000 USD
CY2011Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
2827000000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
8260000000 USD
CY2010Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
2534000000 USD
CY2011Q3 us-gaap Cost Of Goods Sold Depreciation Depletion And Amortization
CostOfGoodsSoldDepreciationDepletionAndAmortization
257000000 USD
us-gaap Cost Of Goods Sold Depreciation Depletion And Amortization
CostOfGoodsSoldDepreciationDepletionAndAmortization
756000000 USD
CY2010Q3 us-gaap Cost Of Goods Sold Depreciation Depletion And Amortization
CostOfGoodsSoldDepreciationDepletionAndAmortization
268000000 USD
us-gaap Cost Of Goods Sold Depreciation Depletion And Amortization
CostOfGoodsSoldDepreciationDepletionAndAmortization
788000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
7408000000 USD
CY2011Q3 us-gaap Costs And Expenses
CostsAndExpenses
3045000000 USD
CY2010Q3 us-gaap Costs And Expenses
CostsAndExpenses
2653000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
8875000000 USD
CY2011Q3 us-gaap Debt Current
DebtCurrent
4000000 USD
CY2010Q4 us-gaap Debt Current
DebtCurrent
95000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
419000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
252000000 USD
CY2010Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2873000000 USD
CY2011Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3365000000 USD
CY2010Q3 us-gaap Defined Benefit Plan Actuarial Net Gains Losses
DefinedBenefitPlanActuarialNetGainsLosses
6000000 USD
CY2011Q3 us-gaap Defined Benefit Plan Actuarial Net Gains Losses
DefinedBenefitPlanActuarialNetGainsLosses
6000000 USD
us-gaap Defined Benefit Plan Actuarial Net Gains Losses
DefinedBenefitPlanActuarialNetGainsLosses
18000000 USD
us-gaap Defined Benefit Plan Actuarial Net Gains Losses
DefinedBenefitPlanActuarialNetGainsLosses
17000000 USD
CY2010Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
23000000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
72000000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
70000000 USD
CY2011Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
24000000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
81000000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
80000000 USD
CY2010Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
27000000 USD
CY2011Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
27000000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
53000000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
56000000 USD
CY2010Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
18000000 USD
CY2011Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
18000000 USD
CY2010Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
8000000 USD
CY2011Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
9000000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
29000000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
26000000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">NEW ACCOUNTING STANDARDS</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In May 2011, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) in connection with guidance for fair value measurements and disclosures. This ASU clarifies the FASB's intent on current guidance, modifies and changes certain guidance and principles, and expands disclosures concerning Level&#160;3 fair value measurements in the fair value hierarchy (including quantitative information about significant unobservable inputs within Level 3 of the fair value hierarchy). In addition, this ASU requires disclosure of the fair value hierarchy for assets and liabilities not measured at fair value in the statement of financial position, but whose fair value is required to be disclosed. This ASU is effective for interim and annual reporting periods beginning after December 15, 2011, and early application is not permitted.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In June 2011, FASB issued an ASU in connection with guidance on the presentation of comprehensive income. The objective of this ASU is to improve the comparability, consistency and transparency of financial reporting and to increase the prominence of items reported in other comprehensive income. This ASU requires an entity to present the components of net income and other comprehensive income and total comprehensive income (includes net income) either in a single continuous statement of comprehensive income or in two separate but consecutive statements. This ASU eliminates the option to present the components of other comprehensive income as part of the statement of equity, but does not change the items that must be reported in other comprehensive income. This ASU is effective for interim and annual reporting periods beginning after December 15, 2011, and early adoption is permitted. FCX is in the process of determining which presentation it will choose (single statement or two separate statements) and when it will adopt this ASU.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div></div>
CY2011Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2011-11-01
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1186000000 USD
CY2011Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.25
CY2010Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
240000000 USD
CY2011Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
240000000 USD
CY2011Q3 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2011-09-29
CY2011Q3 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2011-10-15
us-gaap Dividends Preferred Stock
DividendsPreferredStock
63000000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2011Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2010Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2010Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.94
CY2010Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.10
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.36
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.35
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
23000000 USD
CY2011Q3 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
163000000 USD
us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
421000000 USD
CY2010Q3 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
73000000 USD
us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
205000000 USD
CY2011Q3 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
645000000 USD
us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
2277000000 USD
us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
1751000000 USD
CY2010Q3 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
772000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-68000000 USD
CY2011Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2010Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-77000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7565000000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2100000000 USD
CY2010Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2377000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5526000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10000000 USD
CY2010Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
14000000 USD
CY2011Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2000000 USD
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
808000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2698000000 USD
CY2010Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
845000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1956000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
156000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-101000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
391000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1034000000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-641000000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-92000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
189000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
266000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
152000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
13000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-16000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
34000000 USD
CY2011Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5000000 shares
CY2010Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7000000 shares
CY2010Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
328000000 USD
CY2011Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
321000000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
75000000 USD
CY2011Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
27000000 USD
CY2010Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
23000000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
39000000 USD
CY2011Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
105000000 USD
CY2010Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
126000000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
325000000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
409000000 USD
us-gaap Interest Expense
InterestExpense
370000000 USD
us-gaap Interest Expense
InterestExpense
250000000 USD
CY2010Q3 us-gaap Interest Expense
InterestExpense
103000000 USD
CY2011Q3 us-gaap Interest Expense
InterestExpense
78000000 USD
CY2010Q4 us-gaap Inventory Ore Stockpiles On Leach Pads
InventoryOreStockpilesOnLeachPads
821000000 USD
CY2011Q3 us-gaap Inventory Ore Stockpiles On Leach Pads
InventoryOreStockpilesOnLeachPads
1146000000 USD
CY2010Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
1169000000 USD
CY2011Q3 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
1323000000 USD
CY2011Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
26000000 USD
CY2010Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
26000000 USD
CY2011Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
44000000 USD
CY2010Q4 us-gaap Liabilities
Liabilities
14826000000 USD
CY2011Q3 us-gaap Liabilities
Liabilities
13657000000 USD
CY2011Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
31708000000 USD
CY2010Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29386000000 USD
CY2011Q3 us-gaap Liabilities Current
LiabilitiesCurrent
3181000000 USD
CY2010Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3763000000 USD
CY2011Q3 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
0 USD
us-gaap Line Of Credit Facility Expiration Date
LineOfCreditFacilityExpirationDate
3/30/2016
CY2011Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1500000000 USD
CY2011Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1500000000 USD
CY2010Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4660000000 USD
CY2011Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3531000000 USD
CY2011Q3 us-gaap Minority Interest
MinorityInterest
2694000000 USD
CY2010Q4 us-gaap Minority Interest
MinorityInterest
2056000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
350000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2297000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2759000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-857000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1725000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5874000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4218000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
793000000 USD
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
241000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
961000000 USD
CY2010Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
355000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2724000000 USD
CY2010Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1178000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3920000000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1053000000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1053000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2787000000 USD
CY2010Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1178000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3920000000 USD
CY2010Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
293000000 USD
CY2011Q3 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
307000000 USD
CY2010Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2499000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
5971000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
7843000000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2150000000 USD
CY2010Q4 us-gaap Other Assets Current
OtherAssetsCurrent
254000000 USD
CY2011Q3 us-gaap Other Assets Current
OtherAssetsCurrent
413000000 USD
CY2011Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1114000000 USD
CY2010Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
997000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
9000000 USD
us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
11000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1000000 USD
CY2011Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1441000000 USD
CY2010Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1459000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-36000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
21000000 USD
CY2011Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
28000000 USD
CY2010Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-19000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
40000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-20000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-24000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1186000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
272000000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
350000000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
330000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
95000000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
107000000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
50000000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
52000000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
37000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2010Q3 us-gaap Profit Loss
ProfitLoss
1533000000 USD
us-gaap Profit Loss
ProfitLoss
4881000000 USD
us-gaap Profit Loss
ProfitLoss
3580000000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
1294000000 USD
CY2011Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17966000000 USD
CY2010Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16785000000 USD
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
1303000000 USD
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
1678000000 USD
CY2011Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
144000000 USD
CY2010Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2590000000 USD
CY2010Q3 us-gaap Revenue Mineral Sales
RevenueMineralSales
5152000000 USD
us-gaap Revenue Mineral Sales
RevenueMineralSales
13379000000 USD
us-gaap Revenue Mineral Sales
RevenueMineralSales
16718000000 USD
CY2011Q3 us-gaap Revenue Mineral Sales
RevenueMineralSales
5195000000 USD
us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2011Q3 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2010Q3 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
277000000 USD
CY2011Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
102000000 USD
CY2010Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
81000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
323000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
93000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
92000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
48000000 USD
CY2011Q3 us-gaap Stockholders Equity
StockholdersEquity
15357000000 USD
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
12504000000 USD
CY2011Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
18051000000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14560000000 USD
us-gaap Stockholders Equity Note Stock Split Conversion Ratio
StockholdersEquityNoteStockSplitConversionRatio
2
CY2011Q3 us-gaap Treasury Stock Value
TreasuryStockValue
3554000000 USD
CY2010Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3441000000 USD
CY2010Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
947000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
955000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
947000000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
955000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
906000000 shares
CY2010Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
941000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
947000000 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
948000000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
2000000 shares
CY2010Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
2000000 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1000000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1000000 shares
fcx African Capital Expenditures
AfricanCapitalExpenditures
89000000 USD
fcx African Capital Expenditures
AfricanCapitalExpenditures
59000000 USD
CY2011Q3 fcx Amount Of Revolving Credit Facility Available To Subsidiary
AmountOfRevolvingCreditFacilityAvailableToSubsidiary
500000000 USD
fcx Assumed Conversion Of Mandatory Convertible Preferred Stock Dividends
AssumedConversionOfMandatoryConvertiblePreferredStockDividends
0 USD
fcx Assumed Conversion Of Mandatory Convertible Preferred Stock Dividends
AssumedConversionOfMandatoryConvertiblePreferredStockDividends
63000000 USD
CY2011Q3 fcx Assumed Conversion Of Mandatory Convertible Preferred Stock Dividends
AssumedConversionOfMandatoryConvertiblePreferredStockDividends
0 USD
CY2010Q3 fcx Assumed Conversion Of Mandatory Convertible Preferred Stock Dividends
AssumedConversionOfMandatoryConvertiblePreferredStockDividends
0 USD
fcx Capital Expenditures Molybdenum
CapitalExpendituresMolybdenum
317000000 USD
fcx Capital Expenditures Molybdenum
CapitalExpendituresMolybdenum
34000000 USD
fcx Charges For Reclamation And Environmental Obligations Including Accretion
ChargesForReclamationAndEnvironmentalObligationsIncludingAccretion
117000000 USD
fcx Charges For Reclamation And Environmental Obligations Including Accretion
ChargesForReclamationAndEnvironmentalObligationsIncludingAccretion
144000000 USD
fcx Contributions From Noncontrolling Interests
ContributionsFromNoncontrollingInterests
27000000 USD
fcx Contributions From Noncontrolling Interests Excluding Noncash Contributions
ContributionsFromNoncontrollingInterestsExcludingNoncashContributions
27000000 USD
fcx Contributions From Noncontrolling Interests Excluding Noncash Contributions
ContributionsFromNoncontrollingInterestsExcludingNoncashContributions
24000000 USD
CY2010Q4 fcx Current Portion Of Reclamation And Environmental Obligations
CurrentPortionOfReclamationAndEnvironmentalObligations
207000000 USD
CY2011Q3 fcx Current Portion Of Reclamation And Environmental Obligations
CurrentPortionOfReclamationAndEnvironmentalObligations
201000000 USD
CY2010Q3 fcx Environmental Obligations And Shutdown Costs
EnvironmentalObligationsAndShutdownCosts
3000000 USD
fcx Environmental Obligations And Shutdown Costs
EnvironmentalObligationsAndShutdownCosts
98000000 USD
fcx Environmental Obligations And Shutdown Costs
EnvironmentalObligationsAndShutdownCosts
5000000 USD
CY2011Q3 fcx Environmental Obligations And Shutdown Costs
EnvironmentalObligationsAndShutdownCosts
38000000 USD
fcx Exploration And Research Expenses
ExplorationAndResearchExpenses
194000000 USD
CY2010Q3 fcx Exploration And Research Expenses
ExplorationAndResearchExpenses
35000000 USD
CY2011Q3 fcx Exploration And Research Expenses
ExplorationAndResearchExpenses
78000000 USD
fcx Exploration And Research Expenses
ExplorationAndResearchExpenses
104000000 USD
fcx Increase Decrease In Long Term Mill And Leach Stockpiles
IncreaseDecreaseInLongTermMillAndLeachStockpiles
73000000 USD
fcx Increase Decrease In Long Term Mill And Leach Stockpiles
IncreaseDecreaseInLongTermMillAndLeachStockpiles
174000000 USD
fcx Incremental Common Shares Attributable To Conversion Of Mandatory Convertible Preferred Stock
IncrementalCommonSharesAttributableToConversionOfMandatoryConvertiblePreferredStock
34000000 shares
fcx Incremental Common Shares Attributable To Conversion Of Mandatory Convertible Preferred Stock
IncrementalCommonSharesAttributableToConversionOfMandatoryConvertiblePreferredStock
0 shares
CY2011Q3 fcx Incremental Common Shares Attributable To Conversion Of Mandatory Convertible Preferred Stock
IncrementalCommonSharesAttributableToConversionOfMandatoryConvertiblePreferredStock
0 shares
CY2010Q3 fcx Incremental Common Shares Attributable To Conversion Of Mandatory Convertible Preferred Stock
IncrementalCommonSharesAttributableToConversionOfMandatoryConvertiblePreferredStock
0 shares
fcx Indonesia Capital Expenditures
IndonesiaCapitalExpenditures
311000000 USD
fcx Indonesia Capital Expenditures
IndonesiaCapitalExpenditures
463000000 USD
CY2011Q3 fcx Inventory Ore Stockpiles On Leach Pads Noncurrent
InventoryOreStockpilesOnLeachPadsNoncurrent
1081000000 USD
CY2010Q4 fcx Inventory Ore Stockpiles On Leach Pads Noncurrent
InventoryOreStockpilesOnLeachPadsNoncurrent
955000000 USD
CY2010Q4 fcx Joint Venture Partner Share Of Cash Flows
JointVenturePartnerShareOfCashFlows
132000000 USD
CY2011Q3 fcx Joint Venture Partner Share Of Cash Flows
JointVenturePartnerShareOfCashFlows
46000000 USD
CY2011Q3 fcx Long Term Mill And Leach Stockpiles
LongTermMillAndLeachStockpiles
1599000000 USD
CY2010Q4 fcx Long Term Mill And Leach Stockpiles
LongTermMillAndLeachStockpiles
1425000000 USD
fcx Mandatory Convertible Preferred Stock Dividend Rate Percentage
MandatoryConvertiblePreferredStockDividendRatePercentage
0.0675
CY2011Q3 fcx Mill And Leach Stockpiles
MillAndLeachStockpiles
1167000000 USD
CY2010Q4 fcx Mill And Leach Stockpiles
MillAndLeachStockpiles
856000000 USD
CY2010Q4 fcx Mill Stockpiles
MillStockpiles
35000000 USD
CY2011Q3 fcx Mill Stockpiles
MillStockpiles
21000000 USD
CY2010Q4 fcx Mill Stockpiles Noncurrent
MillStockpilesNoncurrent
470000000 USD
CY2011Q3 fcx Mill Stockpiles Noncurrent
MillStockpilesNoncurrent
518000000 USD
fcx Net Proceeds Payments From Share Based Awards
NetProceedsPaymentsFromShareBasedAwards
2000000 USD
fcx Net Proceeds Payments From Share Based Awards
NetProceedsPaymentsFromShareBasedAwards
-3000000 USD
fcx North America Capital Expenditures
NorthAmericaCapitalExpenditures
342000000 USD
fcx North America Capital Expenditures
NorthAmericaCapitalExpenditures
140000000 USD
CY2010Q3 fcx Outstanding Stock Options With Exercise Prices Greater Than Average Market Price Of Common Stock
OutstandingStockOptionsWithExercisePricesGreaterThanAverageMarketPriceOfCommonStock
19000000 shares
fcx Outstanding Stock Options With Exercise Prices Greater Than Average Market Price Of Common Stock
OutstandingStockOptionsWithExercisePricesGreaterThanAverageMarketPriceOfCommonStock
14000000 shares
fcx Outstanding Stock Options With Exercise Prices Greater Than Average Market Price Of Common Stock
OutstandingStockOptionsWithExercisePricesGreaterThanAverageMarketPriceOfCommonStock
3000000 shares
CY2011Q3 fcx Outstanding Stock Options With Exercise Prices Greater Than Average Market Price Of Common Stock
OutstandingStockOptionsWithExercisePricesGreaterThanAverageMarketPriceOfCommonStock
5000000 shares
CY2010Q4 fcx Paid To Brokers Associated With Margin Requirements
PaidToBrokersAssociatedWithMarginRequirements
3000000 USD
CY2011Q3 fcx Paid To Brokers Associated With Margin Requirements
PaidToBrokersAssociatedWithMarginRequirements
55000000 USD
fcx Payments Of Reclamation And Environmental Obligations
PaymentsOfReclamationAndEnvironmentalObligations
131000000 USD
fcx Payments Of Reclamation And Environmental Obligations
PaymentsOfReclamationAndEnvironmentalObligations
139000000 USD
CY2010Q4 fcx Product
Product
1409000000 USD
CY2011Q3 fcx Product
Product
1231000000 USD
CY2010Q3 fcx Production And Delivery
ProductionAndDelivery
2266000000 USD
fcx Production And Delivery
ProductionAndDelivery
7504000000 USD
fcx Production And Delivery
ProductionAndDelivery
6234000000 USD
CY2011Q3 fcx Production And Delivery
ProductionAndDelivery
2570000000 USD
CY2010Q4 fcx Received From Brokers Associated With Margin Requirements
ReceivedFromBrokersAssociatedWithMarginRequirements
8000000 USD
CY2011Q3 fcx Received From Customers Associated With Margin Requirements
ReceivedFromCustomersAssociatedWithMarginRequirements
28000000 USD
CY2011Q3 fcx Reclamation And Environmental Obligations Less Current Portion
ReclamationAndEnvironmentalObligationsLessCurrentPortion
2139000000 USD
CY2010Q4 fcx Reclamation And Environmental Obligations Less Current Portion
ReclamationAndEnvironmentalObligationsLessCurrentPortion
2071000000 USD
fcx Segment Reporting Information Intersegment Revenue Indonesia
SegmentReportingInformationIntersegmentRevenueIndonesia
1500000000 USD
CY2011Q3 fcx Segment Reporting Information Intersegment Revenue Indonesia
SegmentReportingInformationIntersegmentRevenueIndonesia
665000000 USD
CY2010Q3 fcx Segment Reporting Information Intersegment Revenue Indonesia
SegmentReportingInformationIntersegmentRevenueIndonesia
603000000 USD
fcx Segment Reporting Information Intersegment Revenue Indonesia
SegmentReportingInformationIntersegmentRevenueIndonesia
2000000000 USD
fcx South American Capital Expenditures
SouthAmericanCapitalExpenditures
283000000 USD
fcx South American Capital Expenditures
SouthAmericanCapitalExpenditures
431000000 USD
fcx Tender Of Shares For Stock Based Awards Value
TenderOfSharesForStockBasedAwardsValue
-46000000 USD
CY2011Q3 fcx Total Inventories
TotalInventories
2554000000 USD
CY2010Q4 fcx Total Inventories
TotalInventories
2578000000 USD
CY2010Q3 fcx Weighted Average Exercise Price Of Outstanding Stock Options
WeightedAverageExercisePriceOfOutstandingStockOptions
37.78
CY2011Q3 fcx Weighted Average Exercise Price Of Outstanding Stock Options
WeightedAverageExercisePriceOfOutstandingStockOptions
55.57
fcx Weighted Average Exercise Price Of Outstanding Stock Options
WeightedAverageExercisePriceOfOutstandingStockOptions
55.74
fcx Weighted Average Exercise Price Of Outstanding Stock Options
WeightedAverageExercisePriceOfOutstandingStockOptions
38.32
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
dei Document Period End Date
DocumentPeriodEndDate
2011-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000831259
CY2011Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
947911093 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2010Q2 dei Entity Public Float
EntityPublicFloat
27600000000 USD
dei Entity Registrant Name
EntityRegistrantName
FREEPORT MCMORAN COPPER & GOLD INC
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0000831259-11-000062-index-headers.html Edgar Link pending
0000831259-11-000062-index.html Edgar Link pending
0000831259-11-000062.txt Edgar Link pending
0000831259-11-000062-xbrl.zip Edgar Link pending
fcx-20110930.xml Edgar Link completed
fcx-20110930.xsd Edgar Link pending
fcx-20110930_cal.xml Edgar Link unprocessable
fcx-20110930_def.xml Edgar Link unprocessable
fcx-20110930_lab.xml Edgar Link unprocessable
fcx-20110930_pre.xml Edgar Link unprocessable
fcxq31110-q.htm Edgar Link pending
fcx_logo.jpg Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
goldmarketschart2.jpg Edgar Link pending
lmecomexexchangestocks2.jpg Edgar Link pending
molymarketschart3.jpg Edgar Link pending
q311exhibit151.htm Edgar Link pending
q311exhibit311.htm Edgar Link pending
q311exhibit312.htm Edgar Link pending
q311exhibit321.htm Edgar Link pending
q311exhibit322.htm Edgar Link pending
q311exhibit991.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending