CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flow from operating activities:
Net income	$ 4,479	$ 5,365	$ 865
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and amortization	2,019	1,998	1,528
Metals inventory adjustments	29	16	96
Net gain on sales of assets	(2)	(80)	(473)
Stock-based compensation	95	98	99
Net charges for environmental and asset retirement obligations, including accretion	369	540	181
Payments for environmental and asset retirement obligations	274	273	216
Net charges for defined pension and postretirement plans	45	4	65
Pension plan contributions	(54)	(109)	(121)
Net (gain) loss on early extinguishment of debt	(31)	0	101
Deferred income taxes	36	(171)	181
Payments for Cerro Verde royalty dispute	0	(421)	(139)
Other, net	(44)	(7)	55
Changes in working capital and other:
Accounts receivable	56	(472)	132
Inventories	(573)	(618)	42
Other current assets	(12)	(101)	(27)
Accounts payable and accrued liabilities	0	495	115
Accrued income taxes and timing of other tax payments	(999)	1,451	403
Net cash provided by (used in) operating activities	5,139	7,715	3,017
Cash flow from investing activities:
Capital expenditures	(3,469)	(2,115)	(1,961)
Proceeds from sales of assets
Proceeds from sales of assets	108	247	704
Loans to PT Smelting for expansion	(65)	(36)	0
Acquisition of minority interest in PT Smelting	0	(33)	0
Other, net	(14)	(27)	(7)
Net cash provided by (used in) investing activities	(3,440)	(1,964)	(1,264)
Cash flow from financing activities:
Proceeds from debt	5,735	1,201	3,531
Repayments of debt	(4,515)	(1,461)	(3,724)
Cash dividends and distributions paid:
Common stock	(866)	(331)	(73)
Noncontrolling interests	(840)	(583)	0
Treasury stock purchases	(1,347)	(488)	0
Contributions from noncontrolling interests	189	182	156
Proceeds from exercised stock options	125	210	51
Payments for withholding of employee taxes related to stock-based awards	(55)	(29)	(17)
Other, net	(49)	(41)	(52)
Net cash used in financing activities	(1,623)	(1,340)	(128)
Net increase in cash, cash equivalents, restricted cash and restricted cash equivalents	76	4,411	1,625
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	8,390	8,314	3,903
North America copper mines
Cash flow from investing activities:
Capital expenditures	(597)	(342)	(428)
South America
Cash flow from investing activities:
Capital expenditures	(304)	(162)	(183)
Indonesia mining
Cash flow from investing activities:
Capital expenditures	(1,575)	(1,296)	(1,161)
Corporate, Other and Eliminations, Indonesia Smelter
Cash flow from investing activities:
Capital expenditures	(806)	(222)	(105)
Molybdenum mines
Cash flow from investing activities:
Capital expenditures	(33)	(6)	(19)
Other
Cash flow from investing activities:
Capital expenditures	(154)	(87)	(65)
Asbestos Contamination in Talc-Based Personal Care Products
Adjustments to reconcile net income to net cash provided by operating activities:
Charge for talc-related litigation	$ 0	$ 0	$ 130