XML 96 R23.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Earnings Per Share (Unaudited) (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2013
Earnings Per Share [Abstract] |
Reconciliation of net income and weighted-average shares of common stock outstanding | Following is a reconciliation of net income and weighted-average shares of common stock outstanding for purposes of calculating diluted net income per share (in millions, except per share amounts):
| Three Months Ended |  | Six Months Ended |
| June 30, |  | June 30, |
| 2013 |  | 2012 |  | 2013 |  | 2012 |
Net income | $ | 610 |  |  | $ | 894 |  |  | $ | 1,434 |  |  | $ | 1,895 |  |
Net income attributable to noncontrolling interests | (125 | ) |  | (184 | ) |  | (301 | ) |  | (421 | ) |
Preferred dividends on redeemable noncontrolling interest | $ | (3 | ) |  | $ | — |  |  | $ | (3 | ) |  | $ | — |  |
Net income attributable to FCX common stockholders | $ | 482 |  |  | $ | 710 |  |  | $ | 1,130 |  |  | $ | 1,474 |  |
Weighted-average shares of common stock outstanding | 980 |  |  | 949 |  |  | 965 |  |  | 949 |  |
Add shares issuable upon exercise or vesting of |  |  |  |  |  |  |  |
dilutive stock options and restricted stock units | 4 |  |  | 4 |  |  | 3 |  |  | 5 |  | a
Weighted-average shares of common stock outstanding |  |  |  |  |  |  |  |
for purposes of calculating diluted net income per share | 984 |  |  | 953 |  |  | 968 |  |  | 954 |  |
Diluted net income per share attributable to FCX common stockholders | $ | 0.49 |  |  | $ | 0.74 |  |  | $ | 1.17 |  |  | $ | 1.55 |  |
a. | Excluded shares of common stock associated with outstanding stock options with exercise prices less than the average market price of FCX's common stock that were anti-dilutive based on the treasury stock method totaled approximately one million for the six months ended June 30, 2012.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration