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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Schedule of Significant Accounting Policies [Line Items]                        
Proceeds from Other Operating Activities                     $ 56  
Metals inventory adjustments     $ 12           $ 4 $ 8 36  
Production and delivery                 11,691 10,266 10,687  
Total cost of sales                 13,445 11,980 17,534  
Selling, general and administrative expenses                 443 477 597  
Exploration Expense                 105 93 63  
Environmental obligations and shutdown costs                 89 244 14  
Costs and Expenses                 13,874 12,713 17,559  
Operating income (loss) $ 316 $ 1,315 $ 1,664 $ 1,459 $ 1,479 $ 928 $ 686 $ 597 4,754 3,690 (2,729)  
Accrued income taxes and timing of other tax payments                 (472) 457 136  
Net cash (used in) provided by operating activities                 3,863 4,666 3,737  
Reclassification to Well, Facilities, and Equipment Based on Determination of Proved Reserves                     4,900  
Impairment of Oil and Gas Properties                 0 0 4,317  
Foreign currency transaction gains (losses), before tax                 14 (5) 32  
Payments for (Proceeds from) Other Investing Activities                 (97) 17 11  
Net cash provided by (used in) investing activities                 (5,018) (1,321) 3,553  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect                 (255) 290 4,124  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Before Reclassification of Assets Held for Sale         4,631         4,631 4,403 $ 324
Other income (expense), net                 76 (8) (14)  
Cumulative Effect of New Accounting Principle in Period of Adoption 0               $ 0      
United States oil and gas operations                        
Schedule of Significant Accounting Policies [Line Items]                        
Capitalized interest                     7  
Copper                        
Schedule of Significant Accounting Policies [Line Items]                        
Percentage of ultimate copper recovery from leach stockpiles                 90.00%      
Percentage of copper ultimately recoverable from newly placed material on active stockpiles extracted during the first year                 80.00%      
PT-FI                        
Schedule of Significant Accounting Policies [Line Items]                        
Metals inventory adjustments $ 43                      
Ownership percentage of subsidiary 48.76%               48.76%      
Previously Reported [Member]                        
Schedule of Significant Accounting Policies [Line Items]                        
Proceeds from Other Operating Activities                     48  
Production and delivery                   10,308 10,733  
Total cost of sales                   12,022 17,580  
Selling, general and administrative expenses                   484 607  
Exploration Expense                   94 64  
Environmental obligations and shutdown costs                   251 20  
Costs and Expenses                   12,770 17,622  
Operating income (loss)                   3,633 (2,792)  
Accrued income taxes and timing of other tax payments                   473    
Net cash (used in) provided by operating activities                   4,682 3,729  
Payments for (Proceeds from) Other Investing Activities                   (25) 8  
Net cash provided by (used in) investing activities                   (1,363) 3,550  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect                   264 4,113  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Before Reclassification of Assets Held for Sale         4,447         4,447 4,245 177
Other income (expense), net                   49 49  
Accounting Standards Update 2017-05 [Member] | Restatement Adjustment                        
Schedule of Significant Accounting Policies [Line Items]                        
Production and delivery                   (42) (46)  
Total cost of sales                   (42) (46)  
Selling, general and administrative expenses                   (7) (10)  
Exploration Expense                   (1) (1)  
Environmental obligations and shutdown costs                   (7) (6)  
Costs and Expenses                   (57) (63)  
Operating income (loss)                   57 63  
Other income (expense), net                   (57) (63)  
Accounting Standards Update 2016-18 [Member] | Restatement Adjustment                        
Schedule of Significant Accounting Policies [Line Items]                        
Proceeds from Other Operating Activities                     8  
Accrued income taxes and timing of other tax payments                   (16)    
Net cash (used in) provided by operating activities                   (16) 8  
Payments for (Proceeds from) Other Investing Activities                   42 3  
Net cash provided by (used in) investing activities                   42 3  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect                   26 11  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Before Reclassification of Assets Held for Sale         $ 184         $ 184 $ 158 $ 147
Accumulated Other Comprehensive Loss                        
Schedule of Significant Accounting Policies [Line Items]                        
Cumulative Effect of New Accounting Principle in Period of Adoption $ (79)               $ (79)