XML 34 R30.htm IDEA: XBRL DOCUMENT v3.3.0.814
Inventories, Including Long-Term Mill and Leach Stockpiles (Unaudited) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Components of Inventories [Line Items]        
Raw materials (primarily concentrates) $ 281 $ 281   $ 288
Work-in-process 102 102   174
Finished goods 996 996   1,099
Total product inventories 1,379 1,379   1,561
Total mill and leach stockpiles 1,895 1,895   1,914
Total materials and supplies, net [1] 2,071 2,071   1,886
Total long-term mill and leach stockpiles 2,326 2,326   2,179
Inventory obsolescence reserves 26 26   20
Lower of cost or market inventory adjustments (91) (154) $ 0  
Current [Member]        
Components of Inventories [Line Items]        
Mill stockpiles 118 118   86
Leach stockpiles 1,777 1,777   1,828
Total mill and leach stockpiles 1,895 1,895   1,914
Long-Term [Member]        
Components of Inventories [Line Items]        
Mill stockpiles 444 444   360
Leach stockpiles 1,882 1,882   1,819
Total long-term mill and leach stockpiles [2] 2,326 2,326   $ 2,179
Molybdenum [Member]        
Components of Inventories [Line Items]        
Lower of cost or market inventory adjustments (37) (89)    
Copper [Member]        
Components of Inventories [Line Items]        
Lower of cost or market inventory adjustments $ (54) $ (65)    
[1] Materials and supplies inventory was net of obsolescence reserves totaling $26 million at September 30, 2015, and $20 million at December 31, 2014.
[2] Estimated metals in stockpiles not expected to be recovered within the next 12 months.