v3.26.1
Financial Instruments - Unrealized gains losses (Details)
oz in Thousands, lb in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
lb
oz
Jun. 30, 2026
USD ($)
$ / lb
$ / lb
$ / oz
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
lb
$ / lb
$ / lb
$ / oz
Jun. 30, 2025
USD ($)
Commodity Contract          
Unrealized gains (losses):          
Derivative financial instruments   $ 30 $ (14) $ (19) $ 67
Hedged item – firm sales commitments   (30) 14 19 (67)
Realized gains (losses):          
Matured derivative financial instruments   38 10 73 30
Matured derivative financial instruments   $ 38 10 $ 73 30
Commodity Contract | Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | lb       145  
Derivative, Average Forward Price | $ / lb   5.95   5.95  
Forward Contracts | Not Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | lb       30  
Derivative, Average Forward Price | $ / lb   6.18   6.18  
Realized gains (losses):          
Matured derivative financial instruments   $ (46) (2) $ (35) (40)
Matured derivative financial instruments   (46) (2) (35) (40)
Copper | Not Designated as Hedging Instrument          
Realized gains (losses):          
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net   $ 138 34 $ 117 150
Copper | Short [Member] | Embedded Derivative Financial Instruments | Not Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | lb 194        
Derivative, Average Forward Price | $ / lb   6.00   6.00  
Realized gains (losses):          
Derivative Average Market Price | $ / lb   6.07   6.07  
Copper | Long [Member] | Embedded Derivative Financial Instruments | Not Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | lb 143        
Derivative, Average Forward Price | $ / lb   6.00   6.00  
Realized gains (losses):          
Derivative Average Market Price | $ / lb   6.07   6.07  
Gold | Short [Member] | Embedded Derivative Financial Instruments | Not Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative, Nonmonetary Notional Amount, Mass | oz 5        
Derivative, Average Forward Price | $ / oz   4,588   4,588  
Realized gains (losses):          
Derivative Average Market Price | $ / oz   4,065   4,065  
gold and other | Not Designated as Hedging Instrument          
Realized gains (losses):          
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net   $ (26) $ 22 $ (25) $ 60