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BUSINESS SEGMENTS INFORMATION (Product Revenue) (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Product revenue [Line Items] |  |  |
Revenues | $ 22,780 | $ 22,845 | $ 14,198
Treatment and refining charges included in copper concentrates revenues | (503) | (445) | (362)
Royalty Expense | (366) | (330) | (165)
Export Duties Expense | (325) | (218) | (92)
Revenue from Contract with Customer, Excluding Assessed Tax | 23,271 | 22,422 | 13,894
Indonesia |  |  |
Product revenue [Line Items] |  |  |
Revenues | 3,026 | 3,132 | 1,760
Indonesia | Disputes |  |  |
Product revenue [Line Items] |  |  |
Export Duties Expense | (18) |  |
Copper in concentrate |  |  |
Product revenue [Line Items] |  |  |
Revenue from Contract with Customer, Including Assessed Tax | 9,650 | 8,705 | 4,294
Rod and other refined copper products |  |  |
Product revenue [Line Items] |  |  |
Revenue from Contract with Customer, Including Assessed Tax | 3,699 | 3,369 | 2,052
Purchased Copper [Member] |  |  |
Product revenue [Line Items] |  |  |
Revenue from Contract with Customer, Including Assessed Tax | 481 | 757 | 821
Copper Cathode |  |  |
Product revenue [Line Items] |  |  |
Revenue from Contract with Customer, Including Assessed Tax | 5,134 | 5,900 | 4,204
Gold |  |  |
Product revenue [Line Items] |  |  |
Revenue from Contract with Customer, Including Assessed Tax | 3,397 | 2,580 | 1,702
Molybdenum |  |  |
Product revenue [Line Items] |  |  |
Revenue from Contract with Customer, Including Assessed Tax | 1,416 | 1,283 | 848
Other |  |  |
Product revenue [Line Items] |  |  |
Revenue from Contract with Customer, Including Assessed Tax | 688 | 821 | 592
Derivatives Not Designated as Hedging Instruments | Sales [Member] |  |  |
Product revenue [Line Items] |  |  |
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net | $ (491) | $ 423 | $ 304

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