CONTINGENCIES (Asset Retirement Obligations) (Details) - USD ($) $ in Millions	12 Months Ended
Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Balance at beginning of year	$ 2,716	$ 2,472	$ 2,505
Liabilities incurred	9	2	7
Settlements and revisions to cash flow estimates, net	381	331	(13)
Accretion expense	134	112	131
Dispositions	0	0	(2)
Spending	(197)	(201)	(156)
Balance at end of year	3,043	2,716	2,472
Less current portion	(195)	(200)	(268)
Long-term portion	2,848	2,516	$ 2,204
PT-FI
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Adjustment at PT-FI		$ 397
PT-FI, Morenci & Bagdad
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Adjustment at PT-FI	314
Morenci
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Adjustment at PT-FI	118
Bagdad [Member]
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Adjustment at PT-FI	$ 65

Asset Retirement Obligation, Revision of Estimate, Adjustment

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The carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees.

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Amount of accretion expense recognized during the period that is associated with an asset retirement obligation. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability.

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Amount of cash paid during the period to settle an asset retirement obligation. Amounts paid to settle an asset retirement obligation are generally included in the operating section of the Statement of Cash Flows.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Current portion of the carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees.

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Amount of asset retirement obligations incurred during the period.

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Amount of asset retirement obligations settled, or otherwise disposed of, during the period. This may include asset retirement obligations transferred to third parties associated with the sale of a long-lived asset.

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Amount of increase (decrease) in the asset retirement obligation from changes in the amount or timing of the estimated cash flows associated with the settlement of the obligation.

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A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.

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Noncurrent portion of the carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees.

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