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DISPOSITIONS AND ACQUISITIONS (Freeport Cobalt) (Details) - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2023
Dec. 31, 2022
Koboltti Chemical Holdings Limited      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Sale of Stock, Consideration Received Per Transaction   $ 60  
Koboltti Chemicals Holdings Limited      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Ownership percentage of subsidiary 56.00%    
Jervois      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Divestiture of Business, Percent of Shares Owned 7.00%    
Freeport Cobalt      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Disposal Group, Including Discontinued Operation, Consideration $ 208    
Proceeds from Divestiture of Businesses 173    
Noncash or Part Noncash Divestiture, Amount of Consideration Received $ 35    
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents   20  
Disposal Group, Including Discontinued Operation, Other Assets   125  
Gain (Loss) on Disposition of Business     $ 60
Business Combination, Contingent Consideration, Asset   $ 40  
Freeport Cobalt | Net Income Attributable To Common Stock      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Gain (Loss) on Disposition of Business     $ 34