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DISPOSITIONS AND ACQUISITIONS (Assets Held for Sale - Freeport Cobalt) (Details) - USD ($) $ in Millions | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
--- | --- | --- | ---
Assets |  |  |
Cash and cash equivalents | $ 4,217 | $ 4,526 |
Trade accounts receivable | 829 | 1,322 |
Property, plant, equipment and mine development costs, net | 28,010 | 22,994 |
Other assets | 2,172 | 2,273 |
Total previously included in current assets held for sale | 42,216 | 37,302 | $ 37,317
Liabilities |  |  |
Accounts payable and accrued liabilities | 2,625 | 2,497 |
Accrued income taxes | 165 | 583 |
Long-term debt | 11,124 | 11,815 |
Deferred income taxes and asset retirement obligations | 4,028 | 3,658 |
Total previously included in current liabilities held for sale | 24,324 | $ 26,006 |
Freeport Cobalt |  |  |
Assets |  |  |
Cash and cash equivalents | 79 |  |
Trade accounts receivable | 76 |  |
Inventories | 256 |  |
Other receivables and current assets | 20 |  |
Property, plant, equipment and mine development costs, net | 60 |  |
Other assets | 3 |  |
Total previously included in current assets held for sale | 494 |  |
Liabilities |  |  |
Accounts payable and accrued liabilities | 176 |  |
Accrued income taxes | 18 |  |
Long-term debt | 112 |  |
Deferred income taxes and asset retirement obligations | 17 |  |
Total previously included in current liabilities held for sale | $ 323 |  |

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