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CONTINGENCIES (Letters of Credit, Bank Guarantees and Surety Bonds) (Details)
$ in Millions
Dec. 31, 2016
USD ($)
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