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Business Segments (Product Revenue) (Details) $ in Millions | 1 Months Ended | 3 Months Ended | 6 Months Ended
--- | --- | --- | ---
Jul. 31, 2023 | Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Jun. 30, 2024 USD ($) segment | Jun. 30, 2023 USD ($)
Revenue from External Customer [Line Items] |  |  |  |  |
Number of Operating Segments | segment |  |  |  | 4 |
Royalty expense |  | $ (93) | $ (94) | $ (213) | $ (154)
Treatment charges |  | (90) | (142) | (219) | (243)
PT-FI export dutiesc |  | (75) | 3 | (231) | (14)
Revenues from contracts with customers |  | 6,398 | 5,927 | 12,609 | 11,043
Revenues |  | $ 6,624 | $ 5,737 | 12,945 | $ 11,126
Export Duty On Copper Concentrates, Paid, Percent |  |  | 2.50% |  |
Construction progress |  |  | 50.00% |  | 50.00%
Export Duty On Copper Concentrates, Percent | 7.50% | 7.50% |  |  |
Sales | Not Designated as Hedging Instrument |  |  |  |  |
Revenue from External Customer [Line Items] |  |  |  |  |
Matured derivative financial instruments |  | $ 226 | $ (190) | 336 | $ 83
Copper Cathode |  |  |  |  |
Revenue from External Customer [Line Items] |  |  |  |  |
Revenue |  | 2,237 | 1,670 | 4,178 | 3,181
Copper In Concentrates |  |  |  |  |
Revenue from External Customer [Line Items] |  |  |  |  |
Revenue |  | 1,595 | 1,873 | 3,413 | 3,276
Refined Copper Products |  |  |  |  |
Revenue from External Customer [Line Items] |  |  |  |  |
Revenue |  | 974 | 884 | 1,927 | 1,805
Purchased Copper |  |  |  |  |
Revenue from External Customer [Line Items] |  |  |  |  |
Revenue |  | 300 | 72 | 466 | 276
Gold |  |  |  |  |
Revenue from External Customer [Line Items] |  |  |  |  |
Revenue |  | 935 | 999 | 2,103 | 1,530
Molybdenum |  |  |  |  |
Revenue from External Customer [Line Items] |  |  |  |  |
Revenue |  | 476 | 491 | 897 | 1,083
Silver And Other |  |  |  |  |
Revenue from External Customer [Line Items] |  |  |  |  |
Revenue |  | $ 139 | $ 171 | $ 288 | $ 303

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