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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenues $ 5,003 $ 6,083 $ 17,022 $ 16,681
Cost of sales:        
Production and delivery 3,366 3,009 9,519 8,862
Depreciation, depletion and amortization 508 528 1,504 1,430
Metals inventory adjustments 25 14 43 15
Total cost of sales 3,899 3,551 11,066 10,307
Selling, general and administrative expenses 98 102 313 289
Mining exploration and research expenses 38 15 87 36
Environmental obligations and shutdown costs 6 13 51 51
Net gain on sales of assets 0 (60) (2) (63)
Total costs and expenses 4,041 3,621 11,515 10,620
Operating income 962 2,462 5,507 6,061
Interest expense, net (140) (138) (423) (431)
Gain 20 0 28 0
Other income, net 25 36 67 56
Income before income taxes and equity in affiliated companies’ net earnings (losses) 867 2,360 5,179 5,686
Provision for income taxes (315) (628) (1,710) (1,674)
Equity in affiliated companies’ net earnings (losses) 8 (9) 33 (5)
Net income 560 1,723 3,502 4,007
Net income (loss) attributable to noncontrolling interests 156 324 731 807
Net income attributable to common stockholders $ 404 $ 1,399 $ 2,771 $ 3,200
Earnings Per Share, Basic and Diluted [Abstract]        
Earnings per share, basic (in dollars per share) $ 0.28 $ 0.95 $ 1.91 $ 2.18
Earnings per share, diluted (in dollars per share) $ 0.28 $ 0.94 $ 1.90 $ 2.16
Basic weighted-average shares of common stock outstanding 1,431 1,469 1,444 1,466
Diluted weighted-average shares of common shares outstanding 1,439 1,484 1,455 1,481
Dividends declared per share of common stock (in dollars per share) $ 0.15 $ 0.075 $ 0.45 $ 0.225