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CONTINGENCIES (Letters of Credit, Bank Guarantees and Surety Bonds) (Details) $ in Millions | Dec. 31, 2016 USD ($)
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Surety Bond |
Guarantor Obligations [Line Items] |
Guarantor obligations, carrying value | $ 371
Surety Bonds for Asset Retirement Obligations |
Guarantor Obligations [Line Items] |
Guarantor obligations, carrying value | 290
Surety Bonds for Self Insurance |
Guarantor Obligations [Line Items] |
Guarantor obligations, carrying value | 24
Surety Bonds for Other Bonds |
Guarantor Obligations [Line Items] |
Guarantor obligations, carrying value | 57
Cerro Verde |
Guarantor Obligations [Line Items] |
Outstanding Standby Letters Of Credit | $ 281

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- Definition The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
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