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FINANCIAL INSTRUMENTS (Derivative) (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash and Cash Equivalents [Line Items]        
Credit Derivative, Maximum Exposure, Undiscounted $ 80      
Cash and cash equivalents 4,758 $ 8,146    
Restricted cash and cash equivalents 1,208 111    
Restricted Cash and Cash Equivalents, Noncurrent 97 133    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6,063 8,390 $ 8,314 $ 3,903
Bank Time Deposits        
Cash and Cash Equivalents [Line Items]        
Cash and cash equivalents 300 500    
Designated for Smelter Development Projects        
Cash and Cash Equivalents [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 200 $ 1,800    
Export Proceeds        
Cash and Cash Equivalents [Line Items]        
Restricted cash and cash equivalents 1,100      
Assurance Bonds        
Cash and Cash Equivalents [Line Items]        
Restricted cash and cash equivalents $ 145