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INVENTORIES, INCLUDING LONG-TERM MILL AND LEACH STOCKPILES (Components of Inventories) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Components of Inventories [Line Items]      
Total materials and supplies, net $ 1,594 $ 1,649  
Mill stockpiles 205 220  
Inventory, Ore Stockpiles on Leach Pads, Gross 809 923  
Total current mill and leach stockpiles 1,014 1,143  
Raw materials (primarily concentrate) 366 318  
Work-in-process 174 124  
Finished goods 745 839  
Total product 1,285 1,281  
Mill stockpiles 223 181  
Leach stockpiles 1,240 1,244  
Total long-term inventories 1,463 1,425  
Inventory obsolescence reserves 32 24  
Inventory Adjustment 96 179 $ 4
Molybdenum      
Components of Inventories [Line Items]      
Inventory Adjustment (38) (84)  
Cobalt      
Components of Inventories [Line Items]      
Inventory Adjustment   (58)  
Copper      
Components of Inventories [Line Items]      
Inventory Adjustment $ (58) $ (37)