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CONTINGENCIES (Financial Assurances) (Details)
$ in Millions
12 Months Ended
Dec. 31, 2023
USD ($)
Freeport-McMoRan Oil & Gas  
Guarantor Obligations [Line Items]  
Guarantor obligations, carrying value $ 500
Bagdad [Member]  
Guarantor Obligations [Line Items]  
Adjustment at PT-FI 65
NEW MEXICO  
Guarantor Obligations [Line Items]  
Legally restricted funds for asset retirement obligations at New Mexico mines 200
New Mexico, Arizona, Colorado and Other States  
Guarantor Obligations [Line Items]  
Guarantor obligations, carrying value 1,800
New Mexico, Arizona, Colorado and Other States | Guarantee  
Guarantor Obligations [Line Items]  
Guarantor obligations, carrying value $ 1,100