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DEBT - Revolving Credit Facility (Details) - USD ($)
$ in Millions
1 Months Ended
Oct. 31, 2022
May 31, 2022
Apr. 30, 2022
Jul. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Debt Instruments [Line Items]            
Long-term Debt         $ 10,620 $ 9,450
Line of Credit | PT-FI            
Debt Instruments [Line Items]            
Long-term Debt         0 432
Line of Credit | Cerro Verde            
Debt Instruments [Line Items]            
Long-term Debt         0 325
Revolving Credit Facility | PT-FI            
Debt Instruments [Line Items]            
Long-term line of credit         0 0
Revolving Credit Facility | Cerro Verde            
Debt Instruments [Line Items]            
Long-term line of credit         0 $ 0
Revolving Credit Facility | Line of Credit            
Debt Instruments [Line Items]            
Long-term Debt         0  
Revolving Credit Facility | Line of Credit | October 2022 Unsecured Revolving Credit Facility            
Debt Instruments [Line Items]            
Maximum borrowing capacity $ 3,000          
Term of debt agreement 5 years          
Revolving Credit Facility | Line of Credit | PT-FI | October 2022 Unsecured Revolving Credit Facility            
Debt Instruments [Line Items]            
Maximum borrowing capacity $ 500          
Letter of Credit | Line of Credit            
Debt Instruments [Line Items]            
Long-term line of credit         8  
Remaining borrowing capacity $ 1,500          
Unsecured Credit Facility | PT-FI            
Debt Instruments [Line Items]            
Long-term line of credit         0  
Term of debt agreement     5 years      
Line of credit increase (decrease), net     $ 1,300      
Unsecured Credit Facility | Cerro Verde            
Debt Instruments [Line Items]            
Long-term line of credit         $ 0  
Maximum borrowing capacity   $ 350        
Term of debt agreement   5 years        
Unsecured Credit Facility | Line of Credit | PT-FI            
Debt Instruments [Line Items]            
Term of debt agreement       5 years    
Debt instrument, face amount       $ 1,000