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BUSINESS SEGMENTS INFORMATION (Customers and Labor Matters) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Major Customer and Labor Matters [Line Items]                      
Segment Reporting, Disclosure of Major Customers                 0    
Revenues $ 4,377 $ 3,877 $ 3,334 $ 3,242 $ 3,516 $ 3,382 $ 3,938 $ 3,771 $ 14,830 $ 14,607 $ 20,001
Workforce Subject to Collective Bargaining Arrangements | Labor Force Concentration Risk                      
Major Customer and Labor Matters [Line Items]                      
Concentration risk percentage                 50.00%    
Workforce Subject to Collective Bargaining Arrangements Expiring within One Year | Labor Force Concentration Risk                      
Major Customer and Labor Matters [Line Items]                      
Concentration risk percentage                 33.00%    
Affiliated Entity | Noncontrolling Interest Owners Of South America Mining Operations                      
Major Customer and Labor Matters [Line Items]                      
Revenues                 $ 1,000   1,600
Affiliated Entity | PT Smelting                      
Major Customer and Labor Matters [Line Items]                      
Revenues                 1,400 1,100 1,800
Phillips 66                      
Major Customer and Labor Matters [Line Items]                      
Revenues                     $ 2,500
Phillips 66 | Revenue | Customer Concentration                      
Major Customer and Labor Matters [Line Items]                      
Concentration risk percentage                     12.00%
Indonesia                      
Major Customer and Labor Matters [Line Items]                      
Revenues                 $ 1,402 $ 1,054 $ 1,792
Indonesia | PT Smelting                      
Major Customer and Labor Matters [Line Items]                      
Investment Owned, Percent of Net Assets 25.00%               25.00%