XML 47 R31.htm IDEA: XBRL DOCUMENT v3.23.2
Financial Instruments - Unrealized gains losses (Details)
oz in Thousands, lb in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
lb
oz
$ / lb
$ / oz
$ / lb
Jun. 30, 2023
USD ($)
$ / lb
$ / oz
$ / lb
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
lb
$ / lb
$ / oz
$ / lb
Jun. 30, 2022
USD ($)
Not Designated as Hedging Instrument | Amounts recorded in Sales          
Realized gains (losses):          
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net   $ (190) $ (753) $ 83 $ (513)
Commodity Contract          
Unrealized gains (losses):          
Derivative financial instruments   (25) (89) (11) (78)
Hedged item – firm sales commitments   25 89 11 78
Realized gains (losses):          
Matured derivative financial instruments   $ (5) (12) $ 3 2
Commodity Contract | Designated as Hedging Instrument [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | lb       88  
Derivative, Average Forward Price | $ / lb 3.88 3.88   3.88  
Copper Forward Contracts | Not Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | lb       7  
Derivative, Average Forward Price | $ / lb 3.81 3.81   3.81  
Realized gains (losses):          
Matured derivative financial instruments   $ 1 22 $ (1) 26
Copper | Not Designated as Hedging Instrument          
Realized gains (losses):          
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net   $ (169) (720) $ 61 (502)
Copper | Short [Member] | Embedded Derivative Financial Instruments | Not Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | lb 587        
Derivative, Average Forward Price | $ / lb 3.90 3.90   3.90  
Realized gains (losses):          
Derivative Average Market Price | $ / lb 3.78 3.78   3.78  
Copper | Long [Member] | Embedded Derivative Financial Instruments | Not Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | lb 152        
Derivative, Average Forward Price | $ / lb 3.89 3.89   3.89  
Realized gains (losses):          
Derivative Average Market Price | $ / lb 3.77 3.77   3.77  
Gold | Short [Member] | Embedded Derivative Financial Instruments | Not Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | oz 165        
Derivative, Average Forward Price | $ / oz 1,980 1,980   1,980  
Realized gains (losses):          
Derivative Average Market Price | $ / oz 1,919 1,919   1,919  
gold and other | Not Designated as Hedging Instrument          
Realized gains (losses):          
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net   $ (21) $ (33) $ 22 $ (11)