PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2021

Property, plant and equipment [abstract]

Schedules of property, plant and equipment

Property, Plant, and Equipment


	Buildings, plant and equipment1	Mining property costs subject to depreciation2,4	Mining property costs not subject to depreciation2,3	Total
At January 1, 2021
Net of accumulated depreciation	$7,473	$13,569	$3,586	$24,628
Additions5	23	154	2,366	2,543
Capitalized interest	—	—	16	16

Divestiture	(50)	(2)	(1)	(53)
Disposals	(7)	(1)	(10)	(18)
Depreciation	(1,139)	(1,053)	—	(2,192)
Impairment reversals (impairments)	42	(13)	1	30
Transfers6	194	1,831	(2,025)	—

At December 31, 2021	$6,536	$14,485	$3,933	$24,954

At December 31, 2021
Cost	$17,237	$31,824	$15,876	$64,937
Accumulated depreciation and impairments	(10,701)	(17,339)	(11,943)	(39,983)
Net carrying amount – December 31, 2021	$6,536	$14,485	$3,933	$24,954




	Buildings, plant and equipment1	Mining property costs subject to depreciation2,4	Mining property costs not subject to depreciation2,3	Total
At January 1, 2020
Cost	$18,544	$27,268	$16,050	$61,862
Accumulated depreciation and impairments	(10,791)	(14,980)	(11,950)	(37,721)
Net carrying amount – January 1, 2020	$7,753	$12,288	$4,100	$24,141
Additions5	10	259	1,919	2,188
Capitalized interest	—	—	24	24


Disposals	(24)	(1)	(12)	(37)
Depreciation	(1,219)	(1,146)	—	(2,365)
Impairment reversals	260	412	5	677
Transfers6	693	1,757	(2,450)	—

At December 31, 2020	$7,473	$13,569	$3,586	$24,628

At December 31, 2020
Cost	$18,361	$29,901	$15,531	$63,793
Accumulated depreciation and impairments	(10,888)	(16,332)	(11,945)	(39,165)
Net carrying amount – December 31, 2020	$7,473	$13,569	$3,586	$24,628

1Additions include $22 million of right-of-use assets for lease arrangements entered into during the year ended December 31, 2021 (2020: $4 million). Depreciation includes depreciation for leased right-of-use assets of $18 million for the year ended December 31, 2021 (2020: $21 million). The net carrying amount of leased right-of-use assets was $53 million as at December 31, 2021 (2020: $50 million).

2Includes capitalized reserve acquisition costs, capitalized development costs and capitalized exploration and evaluation costs other than exploration license costs included in intangible assets.

3Assets not subject to depreciation include construction-in-progress, projects and acquired mineral resources and exploration potential at operating minesites and development projects.

4Assets subject to depreciation include the following items for production stage properties: acquired mineral reserves and resources, capitalized mine development costs, capitalized stripping and capitalized exploration and evaluation costs.

5Additions include revisions to the capitalized cost of closure and rehabilitation activities.

6Primarily relates to long-lived assets that are transferred between categories within PP&E once they are placed into service.Mineral Property Costs Not Subject to Depreciation


	Carrying amount at Dec. 31, 2021	Carrying amount at Dec. 31, 2020
Construction-in-progress1	$2,114	$1,208
Acquired mineral resources and exploration potential	165	786
Projects
Pascua-Lama	780	741
Norte Abierto	662	653
Donlin Gold	212	198
	$3,933	$3,586

1Represents assets under construction at our operating minesites.