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INCOME TAXES (Narrative) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jan. 01, 2017
Dec. 31, 2017
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Schedule Of Income Taxes [Line Items]            
Total income taxes paid to all jurisdictions     $ 702 $ 203 $ 893  
Tax refunds received from all jurisdictions     329 247 334  
Tax Attributes            
Foreign tax credits   $ 2,129 2,129 2,094    
Valuation allowances   4,575 4,575 6,058    
Net provision associated with an increase in the beginning of the year valuation allowance     1,500 (1,200)    
Decrease associated with reduction in corporate income Tax Reform     1,100      
Reversal of valuation allowance for minimum tax credit carryforwords due to Tax Reform     371      
Provisional net tax benefits associated with Tax Reform     393 0 0  
Reversal of valuation allowances due to 2017 Tax Cuts and Jobs Act   (975) 272      
Decrease in corporate income tax due to Tax Cuts and Jobs Act   121 121      
AMT credits   490 490 444    
Provision for (benefit from) income taxes     883 371 (1,951)  
Tax charge to establish a reserve for uncertain tax positions   108 108      
Income (loss) from continuing operation, foreign     2,882 1,707 461  
Income (loss) from continuing operations, domestic     $ 20 $ (5,179) $ (14,589)  
U.S. federal statutory tax rate     35.00% 35.00% 35.00%  
Interest on income taxes accrued   22 $ 22 $ 19 $ 16  
Unrecognized tax benefits   390 390 101 110 $ 104
Unrecognized tax benefits that would impact the effective tax rate   344 344      
Unrecognized tax benefits that would impact the effective tax rate, net of tax benefits   272 272      
Valuation allowance for operating loss carryforwards            
Tax Attributes            
Valuation allowances   2,100 2,100      
Foreign Tax Credits            
Tax Attributes            
Valuation allowances   2,100 2,100      
Impairment To Oil And Gas Properties            
Tax Attributes            
Valuation allowances       1,600 3,300  
Discontinued Operations            
Schedule Of Income Taxes [Line Items]            
Total income taxes paid to all jurisdictions       $ 27 $ 187  
SUNAT | Cerro Verde            
Tax Attributes            
Foreign income tax rate under new stability agreement       32.00%    
Foreign Tax Authority            
Tax Attributes            
Foreign tax credits   1,100 1,100      
Operating Loss Carryforwards   566 566      
Income (loss) from continuing operation, foreign     $ 5,300      
Foreign Tax Authority | Chili - Service of Internal Taxes            
Tax Attributes            
U.S. federal statutory tax rate     35.00% 35.00%   35.00%
Foreign Tax Authority | Chili - Service of Internal Taxes | 2020 and thereafter            
Tax Attributes            
U.S. federal statutory tax rate       44.50%    
Foreign Tax Authority | Chili - Service of Internal Taxes | Tax Year 2022 and Thereafter            
Tax Attributes            
U.S. federal statutory tax rate     44.50%      
Foreign Tax Authority | Chili - Service of Internal Taxes | Tax Years 2013 to 2017            
Tax Attributes            
Mining royalty tax rate     4.00%      
Foreign Tax Authority | Chili - Service of Internal Taxes | Tax Years 2018 to 2023 | Minimum            
Tax Attributes            
Mining royalty tax rate     5.00%      
Foreign Tax Authority | Chili - Service of Internal Taxes | Tax Years 2018 to 2023 | Maximum            
Tax Attributes            
Mining royalty tax rate     14.00%      
Foreign Tax Authority | SUNAT | 2014            
Tax Attributes            
U.S. federal statutory tax rate       30.00%    
Dividend tax rate       4.10%    
Foreign Tax Authority | SUNAT | 2019 and thereafter            
Tax Attributes            
U.S. federal statutory tax rate       26.00%    
Dividend tax rate       9.30%    
Foreign Tax Authority | SUNAT | Tax Year 2017            
Tax Attributes            
Dividend tax rate 5.00%          
Corporate Income Tax Rate 29.50%          
Domestic Tax Authority            
Tax Attributes            
Operating Loss Carryforwards   6,400 $ 6,400      
Capital Loss Carryforwards   160 160      
Valuation allowances   280 280      
Income (loss) from continuing operations, domestic     5,300      
State and Local Jurisdiction            
Tax Attributes            
Operating Loss Carryforwards   $ 10,600 10,600      
Alternative Minimum Tax Credit            
Tax Attributes            
Provisional net tax benefits associated with Tax Reform     380      
AMT credit carryforwards       $ (72)    
Provision for (benefit from) income taxes     $ (38)