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FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2024
Fair value measurements [Abstract]  
Disclosure of fair value measurement of assets
a)     Assets and Liabilities Measured at Fair Value on a Recurring Basis
Fair Value Measurements        
At December 31, 2024 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Aggregate Fair Value
(Level 1) (Level 2) (Level 3)
Other investments1
 $42  $—  $—  $42 
Receivables from provisional copper and gold sales —  204  —  204 
$42  $204  $—  $246 
Fair Value Measurements        
At December 31, 2023 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Aggregate Fair Value
(Level 1) (Level 2) (Level 3)
Other investments1
 $131  $—  $—  $131 
Receivables from provisional copper and gold sales —  246  —  246 
$131  $246  $—  $377 
1   Includes equity investments in other mining companies.

b)   Fair Values of Financial Assets and Liabilities
   At December 31, 2024 At December 31, 2023
Carrying amount Estimated fair value Carrying amount Estimated fair value
Financial assets
Other assets1
 $776  $776  $807  $807 
Other investments2
 42  42  131  131 
  $818  $818  $938  $938 
Financial liabilities
Debt3
 $4,729  $4,821  $4,726  $5,107 
  Other liabilities 595  595  574  574 
$5,324  $5,416  $5,300  $5,681 
1Includes restricted cash and amounts due from our partners and joint ventures.
2Includes equity investments in other mining companies. Recorded at fair value. Quoted market prices are used to determine fair value.
3Debt is generally recorded at amortized cost. The fair value of debt is primarily determined using quoted market prices. Balance includes both current and long-term portions of debt.
 
The fair values of the Company’s remaining financial assets and liabilities, which include cash and equivalents, accounts receivable and trade and other payables approximate their carrying values due to their short-term nature. We do not offset financial assets with financial liabilities.
c)   Assets Measured at Fair Value on a Non-Recurring Basis Valuation Techniques
At December 31, 2024 Quoted prices in active markets for identical assets Significant other observable inputs Significant unobservable inputs Aggregate fair value
(Level 1) (Level 2) (Level 3)
Property, plant and equipment1
 —  —  —  — 
Goodwill2
 —  —  —  — 
1 Property, plant and equipment were written down by $151 million, which was included in earnings in this period.
2 Goodwill was written down at Loulo-Gounkoto by $484 million, which was included in earnings in this period.
Disclosure of fair value measurement of financial assets and liabilities
   At December 31, 2024 At December 31, 2023
Carrying amount Estimated fair value Carrying amount Estimated fair value
Financial assets
Other assets1
 $776  $776  $807  $807 
Other investments2
 42  42  131  131 
  $818  $818  $938  $938 
Financial liabilities
Debt3
 $4,729  $4,821  $4,726  $5,107 
  Other liabilities 595  595  574  574 
$5,324  $5,416  $5,300  $5,681 
1Includes restricted cash and amounts due from our partners and joint ventures.
2Includes equity investments in other mining companies. Recorded at fair value. Quoted market prices are used to determine fair value.
3Debt is generally recorded at amortized cost. The fair value of debt is primarily determined using quoted market prices. Balance includes both current and long-term portions of debt.