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- Definition

Amount of expense related to export duty payments under a contractual arrangement such as payment for mineral exports.

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Export Duty On Copper Concentrates, Paid, Percent

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Export Duty On Copper Concentrates, Percent

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- Definition

Progressive Export Duty On Copper Concentrates, Construction Process In Excess of Export Duties

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- Definition

Treatment and refining charges included in copper concentrates revenues.

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Net Increase or Decrease in the fair value of the embedded derivative or group of embedded derivatives included in earnings in the period.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.

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Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.

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Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

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Amount of expense related to royalty payments under a contractual arrangement such as payment for mineral and drilling rights and use of technology or intellectual property.

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Business Segments (Product Revenue) (Details) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
Business Segments (Product Revenue) (Details) $ in Millions	Jul. 31, 2023	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) segment	Sep. 30, 2023 USD ($)
Revenue from External Customer [Line Items]
Number of Operating Segments \| segment				4
Royalty expense		$ (131)	$ (80)	$ (344)	$ (234)
Treatment charges		(99)	(151)	(318)	(394)
PT-FI export duties		(129)	(133)	(360)	(147)
Revenues from contracts with customers		6,680	5,864	19,289	16,907
Revenues		$ 6,790	$ 5,824	19,735	$ 16,950
Export Duty On Copper Concentrates, Paid, Percent			2.50%
Construction progress			50.00%		50.00%
Export Duty On Copper Concentrates, Percent	7.50%	7.50%
Export Duties Credit					$ 18
Sales \| Not Designated as Hedging Instrument
Revenue from External Customer [Line Items]
Matured derivative financial instruments		$ 110	$ (40)	446	43
Copper Cathode
Revenue from External Customer [Line Items]
Revenue		2,070	1,731	6,248	4,912
Copper In Concentrates
Revenue from External Customer [Line Items]
Revenue		1,786	1,965	5,199	5,241
Refined Copper Products
Revenue from External Customer [Line Items]
Revenue		1,012	992	2,939	2,797
Purchased Copper
Revenue from External Customer [Line Items]
Revenue		154	71	620	347
Gold
Revenue from External Customer [Line Items]
Revenue		1,394	854	3,497	2,384
Molybdenum
Revenue from External Customer [Line Items]
Revenue		454	479	1,351	1,562
Silver And Other
Revenue from External Customer [Line Items]
Revenue		$ 169	$ 136	$ 457	$ 439