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CONTINGENCIES (Financial Assurances) (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Freeport-McMoRan Oil & Gas    
Guarantor Obligations [Line Items]    
Guarantor obligations, carrying value $ 481  
NEW MEXICO    
Guarantor Obligations [Line Items]    
Legally restricted funds for asset retirement obligations at New Mexico mines 196 $ 180
New Mexico, Arizona, Colorado and Other States    
Guarantor Obligations [Line Items]    
Guarantor obligations, carrying value 1,300  
New Mexico, Arizona, Colorado and Other States | Guarantee    
Guarantor Obligations [Line Items]    
Guarantor obligations, carrying value $ 822