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CONTINGENCIES (Financial Assurances) (Details) - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
New Mexico, Arizona, Colorado and Other States    
Guarantor Obligations [Line Items]    
Environmental costs associated with closure and reclamation/restoration costs $ 1,200  
Guarantee | New Mexico, Arizona, Colorado and Other States    
Guarantor Obligations [Line Items]    
Environmental costs associated with closure and reclamation/restoration costs 703  
Freeport-McMoRan Oil & Gas    
Guarantor Obligations [Line Items]    
Guarantor obligations, carrying value 614  
NEW MEXICO    
Guarantor Obligations [Line Items]    
Legally restricted funds for asset retirement obligations at New Mexico mines $ 180 $ 173