Newmont (NEM) 10-Q 25 Jul 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	Jul. 18, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-31240
Entity Registrant Name	NEWMONT CORP /DE/
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-1611629
Entity Address, Address Line One	6900 E Layton Ave
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80237
City Area Code	(303)
Local Phone Number	863-7414
Title of 12(b) Security	Common stock, par value $1.60 per share
Trading Symbol	NEM
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		793,680,485
Entity Central Index Key	0001164727
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Sales		$ 3,058	$ 3,065	$ 6,081	$ 5,937
Costs and expenses:
Costs Applicable to Sales	[1]	1,708	1,281	3,143	2,528
Depreciation and amortization		559	561	1,106	1,114
Reclamation and remediation (Note 5)		49	57	110	103
Exploration		62	52	100	87
Advanced projects, research and development		45	37	89	68
General and administrative		73	64	137	129
Other expense, net (Note 6)		22	52	57	91
Total costs and expenses		2,518	2,104	4,742	4,120
Other income (expense):
Other income (loss), net (Note 7)		(75)	50	(184)	11
Interest expense, net of capitalized interest		(57)	(68)	(119)	(142)
Total other income (expense)		(132)	(18)	(303)	(131)
Income (loss) before income and mining tax and other items		408	943	1,036	1,686
Income and mining tax benefit (expense) (Note 8)		(33)	(341)	(247)	(576)
Equity income (loss) of affiliates		17	49	56	99
Net income (loss) from continuing operations		392	651	845	1,209
Net income (loss) from discontinued operations		8	10	24	31
Net income (loss)		400	661	869	1,240
Net loss (income) attributable to noncontrolling interests		(13)	(11)	(34)	(31)
Net income (loss) attributable to Newmont stockholders		387	650	835	1,209
Net income (loss) attributable to Newmont stockholders:
Continuing operations		379	640	811	1,178
Discontinued operations		8	10	24	31
Net income (loss) attributable to Newmont stockholders		$ 387	$ 650	$ 835	$ 1,209
Weighted average common shares:
Basic (in shares)		794	801	793	801
Effect of employee stock-based awards (in shares)		1	2	2	1
Diluted (in shares)		795	803	795	802
Basic:
Continuing operations (in dollars per share)		$ 0.48	$ 0.80	$ 1.02	$ 1.47
Discontinued operations (in dollars per share)		0.01	0.01	0.03	0.04
Net income (loss) per common share, basic (in dollars per share)		0.49	0.81	1.05	1.51
Diluted:
Continuing operations (in dollars per share)		0.48	0.80	1.02	1.47
Discontinued operations (in dollars per share)		0.01	0.01	0.03	0.04
Net income (loss) per common share, diluted (in dollars per share)		$ 0.49	$ 0.81	$ 1.05	$ 1.51
[1] Excludes Depreciation and amortization and Reclamation and remediation .

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 400	$ 661	$ 869	$ 1,240
Other comprehensive income (loss):
Change in marketable securities, net of tax of $—, $—, $—, and $— respectively	(1)	0	(2)	0
Foreign currency translation adjustments	2	(1)	1	1
Change in pension and other post-retirement benefits, net of tax of $—, $(1), $(32), and $(2) respectively	(1)	6	121	12
Change in fair value of cash flow hedge instruments, net of tax of $— and $(1), $—, and $(2) respectively	1	2	2	5
Other comprehensive income (loss)	1	7	122	18
Comprehensive income (loss)	401	668	991	1,258
Comprehensive income (loss) attributable to:
Newmont stockholders	388	657	957	1,227
Noncontrolling interests	13	11	34	31
Comprehensive income (loss)	$ 401	$ 668	$ 991	$ 1,258

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Change in marketable securities, tax	$ 0	$ 0	$ 0	$ 0
Change in pension and other post-retirement benefits, tax	0	(1)	(32)	(2)
Change in fair value of cash flow hedge instruments, tax	$ 0	$ (1)	$ 0	$ (2)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Operating activities:
Net income (loss)	$ 869	$ 1,240
Non-cash adjustments:
Depreciation and amortization	1,106	1,114
Net loss (income) from discontinued operations	(24)	(31)
Charges from pension settlement (Note 7)	130	0
Deferred income taxes	(111)	14
Reclamation and remediation	103	96
Change in fair value of investments (Note 7)	96	84
Stock-based compensation	40	38
Other non-cash adjustments	15	(130)
Net change in operating assets and liabilities (Note 16)	(502)	(591)
Net cash provided by (used in) operating activities of continuing operations	1,722	1,834
Net cash provided by (used in) operating activities of discontinued operations	15	2
Net cash provided by (used in) operating activities	1,737	1,836
Investing activities:
Additions to property, plant and mine development	(956)	(814)
Contributions to equity method investees	(91)	(72)
Payment relating to sale of La Zanja (Note 1)	(45)	0
Proceeds from asset and investment sales	41	85
Return of investment from equity method investees	39	18
Acquisitions, net	(15)	(328)
Purchases of investments	(8)	(16)
Other	1	0
Net cash provided by (used in) investing activities	(1,034)	(1,127)
Financing activities:
Dividends paid to common stockholders	(873)	(881)
Acquisition of noncontrolling interests (Note 1)	(348)	0
Distributions to noncontrolling interests	(103)	(97)
Repayment of debt (Note 13)	(89)	(550)
Funding from noncontrolling interests	56	48
Payments for withholding of employee taxes related to stock-based compensation	(36)	(29)
Payments on lease and other financing obligations	(34)	(36)
Repurchases of common stock	0	(134)
Other	10	13
Net cash provided by (used in) financing activities	(1,417)	(1,666)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(9)	0
Net change in cash, cash equivalents and restricted cash	(723)	(957)
Cash, cash equivalents and restricted cash at beginning of period	5,093	5,648
Cash, cash equivalents and restricted cash at end of period	4,370	4,691
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	4,307	4,583
Restricted cash included in Other current assets	0	1
Restricted cash included in Other non-current assets	63	107
Total cash, cash equivalents and restricted cash	$ 4,370	$ 4,691

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 4,307	$ 4,992
Trade receivables (Note 4)	364	337
Investments (Note 10)	51	82
Inventories (Note 11)	922	930
Stockpiles and ore on leach pads (Note 12)	752	857
Other current assets	511	498
Current assets	6,907	7,696
Property, plant and mine development, net	24,131	24,124
Investments (Note 10)	3,203	3,243
Stockpiles and ore on leach pads (Note 12)	1,788	1,775
Deferred income tax assets	209	269
Goodwill	2,771	2,771
Other non-current assets	681	686
Total assets	39,690	40,564
LIABILITIES
Accounts payable	583	518
Employee-related benefits	471	386
Income and mining taxes payable	178	384
Lease and other financing obligations	98	106
Debt (Note 13)	0	87
Other current liabilities (Note 14)	1,121	1,173
Current liabilities	2,451	2,654
Debt (Note 13)	5,568	5,565
Lease and other financing obligations	507	544
Reclamation and remediation liabilities (Note 5)	5,844	5,839
Deferred income tax liabilities	1,976	2,144
Employee-related benefits	371	439
Silver streaming agreement	868	910
Other non-current liabilities (Note 14)	506	608
Total liabilities	18,091	18,703
Contingently redeemable noncontrolling interest (Note 1)	0	48
Commitments and contingencies (Note 17)
EQUITY
Common stock	1,278	1,276
Treasury stock	(236)	(200)
Additional paid-in capital	17,334	17,981
Accumulated other comprehensive income (loss) (Note 15)	(11)	(133)
Retained earnings (accumulated deficit)	3,056	3,098
Newmont stockholders' equity	21,421	22,022
Noncontrolling interests	178	(209)
Total equity	21,599	21,813
Total liabilities and equity	$ 39,690	$ 40,564

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) shares in Millions, $ in Millions		Total	Common Stock	Treasury Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings (Accumulated Deficit)	Noncontrolling Interests
Changes in Equity
Balance at beginning of period (in shares)				(4)
Balance at beginning of period (in shares) at Dec. 31, 2020			804
Balance at beginning of period at Dec. 31, 2020		$ 23,845	$ 1,287	$ (168)	$ 18,103	$ (216)	$ 4,002	$ 837
Changes in Equity
Net income (loss)		579					559	20
Other comprehensive income (loss)		11				11
Other comprehensive income (loss)	[1]	(441)					(441)
Distributions declared to noncontrolling interests		(54)						(54)
Cash calls requested from noncontrolling interests		28						28
Withholding of employee taxes related to stock-based compensation		(28)		(28)
Stock options exercised		1			1
Stock-based awards and related share issuances (in shares)			1
Stock-based awards and related share issuances		17	$ 2		15
Balance at end of period (in shares) at Mar. 31, 2021			805
Balance at end of period at Mar. 31, 2021		23,958	$ 1,289	(196)	18,119	(205)	4,120	831
Contingently redeemable noncontrolling interest, Balance at beginning of period at Dec. 31, 2020		34
Contingently redeemable noncontrolling interest, Balance at end of period at Mar. 31, 2021		34
Balance at beginning of period (in shares) at Dec. 31, 2020			804
Balance at beginning of period at Dec. 31, 2020		23,845	$ 1,287	(168)	18,103	(216)	4,002	837
Changes in Equity
Other comprehensive income (loss)		18
Repurchase and retirement of common stock		(137)
Balance at end of period (in shares) at Jun. 30, 2021			803
Balance at end of period at Jun. 30, 2021		24,060	$ 1,287	$ (197)	18,105	(198)	4,242	821
Contingently redeemable noncontrolling interest, Balance at beginning of period at Dec. 31, 2020		34
Contingently redeemable noncontrolling interest, Balance at end of period at Jun. 30, 2021		34
Changes in Equity
Balance at beginning of period (in shares)				(4)
Balance at beginning of period (in shares) at Mar. 31, 2021			805
Balance at beginning of period at Mar. 31, 2021		23,958	$ 1,289	$ (196)	18,119	(205)	4,120	831
Changes in Equity
Net income (loss)		661					650	11
Other comprehensive income (loss)		7				7
Other comprehensive income (loss)	[1]	(443)					(443)
Distributions declared to noncontrolling interests		(43)						(43)
Cash calls requested from noncontrolling interests		22						22
Repurchase and retirement of common stock (in shares)	[2]		(2)
Repurchase and retirement of common stock	[2]	(137)	$ (3)		(49)		(85)
Withholding of employee taxes related to stock-based compensation		(1)		(1)
Stock options exercised		15			15
Stock-based awards and related share issuances		21	$ 1		20
Balance at end of period (in shares) at Jun. 30, 2021			803
Balance at end of period at Jun. 30, 2021		24,060	$ 1,287	$ (197)	18,105	(198)	4,242	821
Contingently redeemable noncontrolling interest, Balance at beginning of period at Mar. 31, 2021		34
Contingently redeemable noncontrolling interest, Balance at end of period at Jun. 30, 2021		34
Changes in Equity
Balance at beginning of period (in shares)				(4)
Balance at beginning of period (in shares)				(5)
Balance at beginning of period (in shares) at Dec. 31, 2021			797
Balance at beginning of period at Dec. 31, 2021		21,813	$ 1,276	$ (200)	17,981	(133)	3,098	(209)
Changes in Equity
Net income (loss)		469					448	21
Other comprehensive income (loss)		121				121
Other comprehensive income (loss)	[3]	(439)					(439)
Distributions declared to noncontrolling interests		(59)						(59)
Cash calls requested from noncontrolling interests		30						30
Withholding of employee taxes related to stock-based compensation (in shares)				(1)
Withholding of employee taxes related to stock-based compensation		(36)		$ (36)
Acquisition of noncontrolling interests (Note 1)		(300)			(699)			399
Stock options exercised		14			14
Stock-based awards and related share issuances (in shares)			2
Stock-based awards and related share issuances		18	$ 2		16
Balance at end of period (in shares) at Mar. 31, 2022			799
Balance at end of period at Mar. 31, 2022		21,631	$ 1,278	(236)	17,312	(12)	3,107	182
Contingently redeemable noncontrolling interest, Balance at beginning of period at Dec. 31, 2021		48
Contingently Redeemable Noncontrolling Interest
Reclassification of contingently redeemable noncontrolling interests (Note 1)		(48)
Contingently redeemable noncontrolling interest, Balance at end of period at Mar. 31, 2022		0
Balance at beginning of period (in shares) at Dec. 31, 2021			797
Balance at beginning of period at Dec. 31, 2021		21,813	$ 1,276	$ (200)	17,981	(133)	3,098	(209)
Changes in Equity
Other comprehensive income (loss)		122
Balance at end of period (in shares) at Jun. 30, 2022			799	(6)
Balance at end of period at Jun. 30, 2022		21,599	$ 1,278	$ (236)	17,334	(11)	3,056	178
Contingently redeemable noncontrolling interest, Balance at beginning of period at Dec. 31, 2021		48
Contingently redeemable noncontrolling interest, Balance at end of period at Jun. 30, 2022		0
Changes in Equity
Balance at beginning of period (in shares)				(6)
Balance at beginning of period (in shares) at Mar. 31, 2022			799
Balance at beginning of period at Mar. 31, 2022		21,631	$ 1,278	$ (236)	17,312	(12)	3,107	182
Changes in Equity
Net income (loss)		400					387	13
Other comprehensive income (loss)		1				1
Other comprehensive income (loss)	[3]	(438)					(438)
Distributions declared to noncontrolling interests		(45)						(45)
Cash calls requested from noncontrolling interests		28						28
Stock-based awards and related share issuances		22			22
Balance at end of period (in shares) at Jun. 30, 2022			799	(6)
Balance at end of period at Jun. 30, 2022		21,599	$ 1,278	$ (236)	$ 17,334	$ (11)	$ 3,056	$ 178
Contingently redeemable noncontrolling interest, Balance at beginning of period at Mar. 31, 2022		0
Contingently redeemable noncontrolling interest, Balance at end of period at Jun. 30, 2022		$ 0
[1]Cash dividends per common share were $0.55 and $1.10 for the three and six months ended June 30, 2021, respectively.[2] (2) Repurchase and retirement of common stock of $137 for the three and six months ended June 30, 2021, includes $3 of non-common stock forfeitures.

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021		Jun. 30, 2022	Jun. 30, 2021
Cash dividends declared per common share (in dollars per share)	$ 0.55	$ 0.55		$ 1.10	$ 1.10
Distributions declared to noncontrolling interests	$ 45	$ 43
Cash calls requested from noncontrolling interests	28	22
Repurchase and retirement of common stock		137	[1]		$ 137
Common stock forfeitures		3			$ 3
Noncontrolling Interests
Distributions declared to noncontrolling interests	45	43
Cash calls requested from noncontrolling interests	$ 28	$ 22
[1] (2) Repurchase and retirement of common stock of $137 for the three and six months ended June 30, 2021, includes $3 of non-common stock forfeitures.

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The interim Condensed Consolidated Financial Statements (“interim statements”) of Newmont Corporation, a Delaware corporation and its subsidiaries (collectively, “Newmont” or the “Company”) are unaudited. In the opinion of management, all normal recurring adjustments and disclosures necessary for a fair presentation of these interim statements have been included. The results reported in these interim statements are not necessarily indicative of the results that may be reported for the entire year. These interim statements should be read in conjunction with Newmont’s Consolidated Financial Statements for the year ended December 31, 2021 filed on February 24, 2022 on Form 10-K. The year-end balance sheet data was derived from the audited financial statements and, in accordance with the instructions to Form 10-Q, certain information and footnote disclosures required by GAAP have been condensed or omitted. References to “C$” refer to Canadian currency. Noncontrolling Interests Net loss (income) attributable to noncontrolling interest is comprised of income, primarily related to Merian, of $13 and $11 for the three months ended June 30, 2022 and 2021, respectively, and $34 and $31 for the six months ended June 30, 2022 and 2021, respectively. Newmont consolidates Merian through its wholly-owned subsidiary, Newmont Suriname LLC., in its Condensed Consolidated Financial Statements as the primary beneficiary of Merian, which is a variable interest entity. Yanacocha transaction At December 31, 2021, Compañia de Minas Buenaventura S.A.A. (“Buenaventura”) held 43.65% ownership interest in Minera Yanacocha S.R.L. ("Yanacocha"). During the first quarter of 2022, the Company completed the acquisition of Buenaventura’s 43.65% noncontrolling interest in Yanacocha (the “Yanacocha Transaction”) for $300 cash consideration, certain royalties on any production from other future potential projects, and contingent payments of up to $100 tied to higher metal prices, achieving commercial production at the Yanacocha Sulfides project and resolution on the outstanding Yanacocha tax dispute. The Yanacocha Transaction was accounted for as an equity transaction, resulting in a decrease to additional paid-in-capital and no gain or loss recognition. Upon close of the Yanacocha Transaction, the Company’s ownership interest in Yanacocha increased to 95%. The Company acquired the remaining 5% in the second quarter of 2022. Refer to "Contingently redeemable noncontrolling interest" below for further information. Concurrent with the Yanacocha Transaction, the Company sold its 46.94% ownership interest in Minera La Zanja S.R.L. ("La Zanja"), accounted for as an equity method investment with a carrying value of $— as of December 31, 2021. Per the terms of the sale, the Company sold its interest in La Zanja to Buenaventura, the parent company of La Zanja, in exchange for royalties on potential future production from the La Zanja operation and contributed cash of $45 to be used exclusively for reclamation costs at the La Zanja operation. Upon close of the sale during the first quarter of 2022, the Company recognized a $45 loss on sale of its equity interest, included in Other income (loss), net . Contingently redeemable noncontrolling interest In 2018, Summit Global Management II VB, a subsidiary of Sumitomo Corporation (“Sumitomo”) acquired a 5% interest in Yanacocha for $48 in cash. Under the terms of the acquisition, Sumitomo had the option to require Yanacocha to repurchase the interest for the $48, which was placed in escrow. In March 2022, Sumitomo exercised this option, in accordance with the terms of the acquisition. As a result, in June 2022 the Company acquired the remaining 5% ownership interest held by Sumitomo in exchange for cash consideration of $48. As of June 30, 2022, the Company holds 100% ownership interest in Yanacocha.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Risks and Uncertainties The COVID-19 pandemic and the Russian invasion of Ukraine continue to affect the Company. Although the Company does not currently have operations in Ukraine, Russia or other parts of Europe, impacts arising from Russia’s invasion of Ukraine include the Company's ability to complete the sale of assets currently classified as held for sale within one year as originally planned. In addition, these events, along with the ongoing COVID-19 pandemic, could have further potential impacts on the Company including, but not limited to, sites being placed into care and maintenance, volatility in commodity prices and the prices for gold and other metals, cost inflation, logistical challenges, workforce interruptions, financial market disruption, as well as potential impacts to estimated costs and timing of projects. The Company continues to monitor and is currently evaluating potential impacts to operations, estimated capital expenditures and timing of projects related to inflationary pressures and supply chain disruptions. Depending on the duration and extent of COVID-19, ongoing global developments and increasing inflationary pressures, these factors could materially impact the Company’s results of operations, cash flows and financial condition and could result in material impairment charges to the Company’s Property, plant and mine development, net ; Inventories ; Stockpiles and ore on leach pads ; Investments ; Deferred income tax assets ; and Goodwill . Refer to Note 2 of the Consolidated Financial Statements included in Part II of the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on February 24, 2022 for further information on risks and uncertainties that could have a potential impact on the Company. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the accounting for and recognition and disclosure of assets, liabilities, equity, revenues and expenses. The Company must make these estimates and assumptions because certain information used is dependent on future events, cannot be calculated with a high degree of precision from data available or simply cannot be readily calculated based on generally accepted methodologies. Actual results could differ from these estimates. Reclassifications Certain amounts and disclosures in prior years have been reclassified to conform to the current year presentation. Recently Adopted Accounting Pronouncements and Securities and Exchange Commission Rules Financial Disclosures of Government Assistance In November 2021, ASU No. 2021-10 was issued which provides guidance for required annual disclosures about transactions with a government that are accounted for by applying a grant or contribution accounting model by analogy. The Company adopted this standard as of January 1, 2022. The adoption did not have a material impact on the Condensed Consolidated Financial Statements or disclosures. Recently Issued Accounting Pronouncements Effects of Reference Rate Reform

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company has organized its operations into five geographic regions: North America, South America, Australia, Africa and Nevada, which also represent Newmont’s reportable and operating segments. The results of these operating segments are reviewed by the Company’s chief operating decision maker to make decisions about resources to be allocated to the segments and assess their performance. As a result, these operating segments represent the Company’s reportable segments. Notwithstanding this structure, the Company internally reports information on a mine-by-mine basis for each mining operation and has chosen to disclose this information in the following tables. Income (loss) before income and mining tax and other items from reportable segments does not reflect general corporate expenses, interest (except project-specific interest) or income and mining taxes. Intercompany revenue and expense amounts have been eliminated within each segment in order to report on the basis that management uses internally for evaluating segment performance. Newmont’s business activities that are not considered operating segments are included in Corporate and Other. Although they are not required to be included in this footnote, they are provided for reconciliation purposes. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Three Months Ended June 30, 2022 CC&V $ 85 $ 49 $ 16 $ 3 $ 6 $ 14 Musselwhite 73 53 20 2 — 12 Porcupine 125 71 25 4 28 40 Éléonore 87 71 27 1 (13) 13 Peñasquito: (2) Gold 230 127 34 Silver 140 155 42 Lead 28 29 8 Zinc 92 94 22 Total Peñasquito 490 405 106 6 (44) 48 Other North America — — 2 1 (15) — North America 860 649 196 17 (38) 127 Yanacocha 128 73 21 5 6 90 Merian 178 94 20 6 58 13 Cerro Negro 145 71 42 4 15 32 Other South America — — 1 11 (20) 1 South America 451 238 84 26 59 136 Boddington: Gold 429 181 33 Copper 76 49 9 Total Boddington 505 230 42 2 245 17 Tanami 249 84 26 7 153 94 Other Australia — — 2 5 — 1 Australia 754 314 70 14 398 112 Ahafo 253 129 42 7 75 78 Akyem 203 76 33 4 89 8 Other Africa — — — 1 (3) 2 Africa 456 205 75 12 161 88 Nevada Gold Mines 537 302 127 9 91 72 Nevada 537 302 127 9 91 72 Corporate and Other — — 7 29 (263) 2 Consolidated $ 3,058 $ 1,708 $ 559 $ 107 $ 408 $ 537 ____________________________ (1) Includes accrued costs associated with the Tanami Expansion of $2, which are included in Lease and other financing obligations , and an increase in accrued capital expenditures of $16. Consolidated capital expenditures on a cash basis were $519. (2) Costs applicable to sales includes amounts resulting from the profit-sharing agreement completed with the Peñasquito workforce during the second quarter of 2022. Under the agreement, the Company will pay its workforce an uncapped profit-sharing bonus each year, based on the agreed upon terms. Additionally, the terms of the agreement are retroactively applied to profit-sharing related to 2021 site performance, resulting in $70 recorded within Costs applicable to sales in the second quarter of 2022. The amounts related to the 2021 profit-sharing are expected to be paid in the third quarter of 2022. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Three Months Ended June 30, 2021 CC&V $ 116 $ 59 $ 16 $ 6 $ 34 $ 8 Musselwhite 63 37 19 2 4 10 Porcupine 122 61 21 7 30 16 Éléonore 124 65 36 2 18 14 Peñasquito: Gold 326 95 50 Silver 175 75 39 Lead 43 18 10 Zinc 137 59 26 Total Peñasquito 681 247 125 1 299 33 Other North America — — 4 1 (13) — North America 1,106 469 221 19 372 81 Yanacocha 123 32 23 3 41 28 Merian 196 83 26 3 74 10 Cerro Negro 142 69 39 1 34 28 Other South America — — 1 9 (17) — South America 461 184 89 16 132 66 Boddington: Gold 344 162 26 Copper 80 38 6 Total Boddington 424 200 32 2 189 51 Tanami 199 65 23 8 102 68 Other Australia — — 1 4 (7) 1 Australia 623 265 56 14 284 120 Ahafo 189 92 34 5 53 46 Akyem 163 56 28 2 76 12 Other Africa — — — 1 (3) — Africa 352 148 62 8 126 58 Nevada Gold Mines 523 215 128 8 170 75 Nevada 523 215 128 8 170 75 Corporate and Other — — 5 24 (141) 6 Consolidated $ 3,065 $ 1,281 $ 561 $ 89 $ 943 $ 406 ____________________________ (1) Includes a decrease in accrued capital expenditures of $9; consolidated capital expenditures on a cash basis were $415. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Six Months Ended June 30, 2022 CC&V $ 153 $ 101 $ 32 $ 4 $ 3 $ 18 Musselwhite 133 96 36 3 (3) 18 Porcupine 239 137 47 7 45 76 Éléonore 181 133 56 1 (14) 23 Peñasquito: (2) Gold 482 214 73 Silver 296 252 86 Lead 72 51 18 Zinc 302 180 57 Total Peñasquito 1,152 697 234 11 197 88 Other North America — — 4 1 (11) — North America 1,858 1,164 409 27 217 223 Yanacocha 255 140 46 6 13 146 Merian 373 181 42 9 139 24 Cerro Negro 267 134 81 7 23 60 Other South America — — 2 20 (35) 1 South America 895 455 171 42 140 231 Boddington: Gold 810 343 61 Copper 175 95 17 Total Boddington 985 438 78 3 478 35 Tanami 435 149 48 13 231 178 Other Australia — — 3 8 (9) 5 Australia 1,420 587 129 24 700 218 Ahafo 455 235 73 11 142 137 Akyem 372 143 63 8 156 20 Other Africa — — — 1 (5) 5 Africa 827 378 136 20 293 162 Nevada Gold Mines 1,081 559 252 15 244 138 Nevada 1,081 559 252 15 244 138 Corporate and Other — — 9 61 (558) 11 Consolidated $ 6,081 $ 3,143 $ 1,106 $ 189 $ 1,036 $ 983 ____________________________ (1) Includes accrued costs associated with the Tanami Expansion of $7, which are included in Lease and other financing obligations , and an increase in accrued capital expenditures of $20. Consolidated capital expenditures on a cash basis were $956. (2) Costs applicable to sales includes amounts resulting from the profit-sharing agreement completed with the Peñasquito workforce during the second quarter of 2022. Under the agreement, the Company will pay its workforce an uncapped profit-sharing bonus each year, based on the agreed upon terms. Additionally, the terms of the agreement are retroactively applied to profit-sharing related to 2021 site performance, resulting in $70 recorded within Costs applicable to sales in the second quarter of 2022. The amounts related to the 2021 profit-sharing are expected to be paid in the third quarter of 2022. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Six Months Ended June 30, 2021 CC&V $ 215 $ 120 $ 34 $ 8 $ 52 $ 17 Musselwhite 133 76 39 4 9 19 Porcupine 253 127 45 12 64 27 Éléonore 233 118 68 4 36 31 Peñasquito: Gold 636 184 98 Silver 343 150 80 Lead 87 37 20 Zinc 263 120 55 Total Peñasquito 1,329 491 253 2 565 64 Other North America — — 8 2 (9) — North America 2,163 932 447 32 717 158 Yanacocha 233 82 51 6 44 43 Merian 389 164 51 4 157 20 Cerro Negro 226 109 65 2 40 48 Other South America — — 3 15 (30) — South America 848 355 170 27 211 111 Boddington: Gold 588 293 47 Copper 132 65 10 Total Boddington 720 358 57 4 300 137 Tanami 418 135 46 11 225 127 Other Australia — — 3 6 (10) 3 Australia 1,138 493 106 21 515 267 Ahafo 376 184 66 8 111 77 Akyem 350 122 60 3 163 20 Other Africa — — — 1 (5) — Africa 726 306 126 12 269 97 Nevada Gold Mines 1,062 442 255 14 337 117 Nevada 1,062 442 255 14 337 117 Corporate and Other — — 10 49 (363) 10 Consolidated $ 5,937 $ 2,528 $ 1,114 $ 155 $ 1,686 $ 760 ____________________________ (1) Includes a decrease in accrued capital expenditures of $54; consolidated capital expenditures on a cash basis were $814.

SALES

SALES	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
SALES	SALES The following tables present the Company’s Sales by mining operation, product and inventory type: Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended June 30, 2022 CC&V $ 85 $ — $ 85 Musselwhite 73 — 73 Porcupine 125 — 125 Éléonore 87 — 87 Peñasquito: Gold 25 205 230 Silver (1) — 140 140 Lead — 28 28 Zinc — 92 92 Total Peñasquito 25 465 490 North America 395 465 860 Yanacocha 129 (1) 128 Merian 178 — 178 Cerro Negro 145 — 145 South America 452 (1) 451 Boddington: Gold 107 322 429 Copper — 76 76 Total Boddington 107 398 505 Tanami 249 — 249 Australia 356 398 754 Ahafo 253 — 253 Akyem 203 — 203 Africa 456 — 456 Nevada Gold Mines (2) 521 16 537 Nevada 521 16 537 Consolidated $ 2,180 $ 878 $ 3,058 ____________________________ (1) Silver sales from concentrate includes $20 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $525 for the three months ended June 30, 2022. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended June 30, 2021 CC&V $ 116 $ — $ 116 Musselwhite 63 — 63 Porcupine 122 — 122 Éléonore 124 — 124 Peñasquito: Gold 66 260 326 Silver (1) — 175 175 Lead — 43 43 Zinc — 137 137 Total Peñasquito 66 615 681 North America 491 615 1,106 Yanacocha 115 8 123 Merian 196 — 196 Cerro Negro 142 — 142 South America 453 8 461 Boddington: Gold 85 259 344 Copper — 80 80 Total Boddington 85 339 424 Tanami 199 — 199 Australia 284 339 623 Ahafo 189 — 189 Akyem 163 — 163 Africa 352 — 352 Nevada Gold Mines (2) 505 18 523 Nevada 505 18 523 Consolidated $ 2,085 $ 980 $ 3,065 ____________________________ (1) Silver sales from concentrate includes $18 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $505 for the three months ended June 30, 2021. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Six Months Ended June 30, 2022 CC&V $ 148 $ 5 $ 153 Musselwhite 133 — 133 Porcupine 239 — 239 Éléonore 181 — 181 Peñasquito: Gold 56 426 482 Silver (1) — 296 296 Lead — 72 72 Zinc — 302 302 Total Peñasquito 56 1,096 1,152 North America 757 1,101 1,858 Yanacocha 256 (1) 255 Merian 373 — 373 Cerro Negro 267 — 267 South America 896 (1) 895 Boddington: Gold 198 612 810 Copper — 175 175 Total Boddington 198 787 985 Tanami 435 — 435 Australia 633 787 1,420 Ahafo 455 — 455 Akyem 372 — 372 Africa 827 — 827 Nevada Gold Mines (2) 1,050 31 1,081 Nevada 1,050 31 1,081 Consolidated $ 4,163 $ 1,918 $ 6,081 ____________________________ (1) Silver sales from concentrate includes $39 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $1,051 for the six months ended June 30, 2022. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Six Months Ended June 30, 2021 CC&V $ 215 $ — $ 215 Musselwhite 133 — 133 Porcupine 253 — 253 Éléonore 233 — 233 Peñasquito: Gold 122 514 636 Silver (1) — 343 343 Lead — 87 87 Zinc — 263 263 Total Peñasquito 122 1,207 1,329 North America 956 1,207 2,163 Yanacocha 224 9 233 Merian 389 — 389 Cerro Negro 226 — 226 South America 839 9 848 Boddington: Gold 151 437 588 Copper — 132 132 Total Boddington 151 569 720 Tanami 418 — 418 Australia 569 569 1,138 Ahafo 376 — 376 Akyem 350 — 350 Africa 726 — 726 Nevada Gold Mines (2) 1,030 32 1,062 Nevada 1,030 32 1,062 Consolidated $ 4,120 $ 1,817 $ 5,937 ____________________________ (1) Silver sales from concentrate includes $38 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $1,026 for the six months ended June 30, 2021. Trade Receivables The following table details the receivables included within Trade receivables : At June 30, At December 31, Gold sales from doré production $ — $ 40 Sales from concentrate and other production 364 297 Trade receivables $ 364 $ 337 Provisional Sales The impact to Sales from revenue recognized due to the changes in pricing on provisional sales is a (decrease) increase of $(105) and $29 for the three months ended June 30, 2022 and 2021, respectively and a decrease of $(47) and $(7) for the six months ended June 30, 2022 and 2021, respectively. At June 30, 2022, Newmont had the following provisionally priced concentrate sales subject to final pricing over the next several months: Provisionally Priced Sales Average Provisional Gold (ounces, in thousands) 200 $ 1,810 Copper (pounds, in millions) 31 $ 3.74 Silver (ounces, in millions) 4 $ 20.35 Lead (pounds, in millions) 16 $ 0.87 Zinc (pounds, in millions) 85 $ 1.44

RECLAMATION AND REMEDIATION

RECLAMATION AND REMEDIATION	6 Months Ended
	Jun. 30, 2022
Environmental Remediation Obligations [Abstract]
RECLAMATION AND REMEDIATION	RECLAMATION AND REMEDIATION The Company’s mining and exploration activities are subject to various domestic and international laws and regulations governing the protection of the environment. These laws and regulations are continually changing and are generally becoming more restrictive. The Company conducts its operations to protect public health and the environment and believes its operations are in compliance with applicable laws and regulations in all material respects. The Company has made, and expects to make in the future, expenditures to comply with such laws and regulations, but cannot predict the full amount of such future expenditures. Estimated future reclamation and remediation costs are based principally on current legal and regulatory requirements. The Company’s Reclamation and remediation expense consisted of: Three Months Ended Six Months Ended 2022 2021 2022 2021 Reclamation adjustments and other $ 1 $ 2 $ 2 $ 11 Reclamation accretion 43 30 86 62 Reclamation expense 44 32 88 73 Remediation adjustments and other 3 22 19 26 Remediation accretion 2 3 3 4 Remediation expense 5 25 22 30 Reclamation and remediation $ 49 $ 57 $ 110 $ 103 The following are reconciliations of Reclamation and remediation liabilities : Reclamation Remediation 2022 2021 2022 2021 Balance at January 1, $ 5,768 $ 3,719 $ 344 $ 313 Additions, changes in estimates and other (1) 13 7 13 21 Payments, net (78) (37) (23) (17) Accretion expense 86 62 3 4 Balance at June 30, $ 5,789 $ 3,751 $ 337 $ 321 ____________________________ (1) The $13 addition to remediation for the six months ended June 30, 2022 is due to expected higher waste disposal costs at Midnite Mine. The $21 addition to remediation for the six months ended June 30, 2021 is primarily due to revisions to estimated construction costs of the water treatment plant at Midnite Mine. At June 30, 2022 At December 31, 2021 Reclamation Remediation Total Reclamation Remediation Total Current (1) $ 210 $ 72 $ 282 $ 213 $ 60 $ 273 Non-current (2) 5,579 265 5,844 5,555 284 5,839 Total (3) $ 5,789 $ 337 $ 6,126 $ 5,768 $ 344 $ 6,112 ____________________________ (1) The current portion of reclamation and remediation liabilities are included in Other current liabilities . (2) The non-current portion of reclamation and remediation liabilities are included in Reclamation and remediation liabilities. (3) Total reclamation liabilities includes $3,242 and $3,250 related to Yanacocha at June 30, 2022 and December 31, 2021, respectively. The Company is also involved in several matters concerning environmental remediation obligations associated with former, primarily historic, mining activities. Generally, these matters concern developing and implementing remediation plans at the various sites involved. Depending upon the ultimate resolution of these matters, the Company believes that it is reasonably possible that the liability for these matters could be as much as 53% greater or —% lower than the amount accrued at June 30, 2022. The amounts accrued are reviewed periodically based upon facts and circumstances available at the time. Changes in estimates are recorded in Other current liabilities and Reclamation and remediation liabilities in the period estimates are revised. Included in Other non-current assets at June 30, 2022 and December 31, 2021 are $62 and $49 respectively, of non-current restricted cash held for purposes of settling reclamation and remediation obligations. Of the amounts at June 30, 2022, $50 related to the Ahafo and Akyem mines in Ghana, Africa and $3 related to NGM in Nevada, U.S., $7 related to the Midnite mine and Dawn mill site in Washington, U.S. and $2 related to the Ross Adams mine in Alaska, U.S. Of the amounts at December 31, 2021, $40 related to the Ahafo and Akyem mines in Ghana, Africa, $4 related to NGM in Nevada, U.S., $3 related to the Midnite mine site in Washington, U.S. and $2 related to the Ross Adams mine in Alaska, U.S. Included in Other non-current assets at June 30, 2022 and December 31, 2021 are $36 and $51, respectively, of non-current restricted investments, which are legally pledged for purposes of settling reclamation and remediation obligations. Of the amounts at June 30, 2022, $7 related to the Midnite mine and Dawn mill sites in Washington, U.S., $7 related to Akyem in Ghana, Africa and $22 related to San Jose Reservoir in Peru, South America. Of the amounts at December 31, 2021, $11 related to the Midnite mine and Dawn mill sites in Washington, U.S., $16 related to Akyem in Ghana, Africa and $24 related to the San Jose Reservoir in Peru, South America. Refer to Note 17 for further discussion of reclamation and remediation matters.

OTHER EXPENSE, NET

OTHER EXPENSE, NET	6 Months Ended
	Jun. 30, 2022
Operating Costs and Expenses [Abstract]
OTHER EXPENSE, NET	OTHER EXPENSE, NET Three Months Ended Six Months Ended 2022 2021 2022 2021 COVID-19 specific costs $ 10 $ 20 $ 27 $ 42 Settlement costs 5 8 18 11 Impairment of long-lived and other assets 2 11 2 12 Restructuring and severance — 5 1 10 Care and maintenance costs — 2 — 2 Other 5 6 9 14 Other expense, net $ 22 $ 52 $ 57 $ 91

OTHER INCOME (LOSS), NET

OTHER INCOME (LOSS), NET	6 Months Ended
	Jun. 30, 2022
Other Income, Nonoperating [Abstract]
OTHER INCOME (LOSS), NET	OTHER INCOME (LOSS), NET Three Months Ended Six Months Ended 2022 2021 2022 2021 Pension settlement $ — $ — $ (130) $ — Change in fair value of investments (135) 26 (96) (84) Gain (loss) on asset and investment sales, net (1) — — (35) 43 Foreign currency exchange, net 27 8 28 31 Other (2) 33 16 49 21 Other income (loss), net $ (75) $ 50 $ (184) $ 11 ____________________________ (1) Primarily comprised of the loss recognized on the sale of the La Zanja equity method investment for the six months ended June 30, 2022 (see Note 1 for additional information) and the sale of all of the Company’s outstanding shares of TMAC to Agnico Eagle Mines Ltd which resulted in a gain of $42 for the six months ended June 30, 2021. (2) Includes a reimbursement of certain historical Goldcorp operational expenses related to a legacy project that reached commercial production in the second quarter of 2022. Pension settlement. In March 2022, the Company executed an annuitization to transfer a portion of the pension plan obligations from one of the Company's U.S. qualified defined benefit pension plans to an insurance company using plan assets. As a result, $527 of the previously recognized pension obligations were transferred and a non-cash settlement loss of $130 was recognized in Other income (loss), net, during the first quarter of 2022 due to the recognition of the related unrecognized actuarial losses previously included in Accumulated other comprehensive income (loss) related to these retirees. The remaining pension obligations and plan assets of the associated qualified pension benefit plan were valued at $302 and $348, respectively, resulting in a net funded status of $46 recorded in Other non-current assets

INCOME AND MINING TAXES

INCOME AND MINING TAXES	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
INCOME AND MINING TAXES	INCOME AND MINING TAXES A reconciliation of the U.S. federal statutory tax rate to the Company’s effective income tax rate follows: Three Months Ended June 30, (1) Six Months Ended June 30, (1) 2022 2021 2022 2021 Income (loss) before income and mining tax and other items $ 408 $ 943 $ 1,036 $ 1,686 U.S. Federal statutory tax rate 21 % $ 86 21 % $ 198 21 % $ 218 21 % $ 354 Reconciling items: Change in valuation allowance on deferred tax assets 9 37 1 9 5 49 2 30 Foreign rate differential 12 50 9 85 12 119 9 155 Mining and other taxes (net of associated federal benefit) 6 22 5 47 6 59 5 88 Tax impact of foreign exchange (2) (6) (23) 1 11 (3) (26) (1) (17) Mexico Tax Settlement (3) (31) (125) — — (12) (125) — — Other (3) (14) (1) (9) (5) (47) (2) (34) Income and mining tax expense (benefit) 8 % $ 33 36 % $ 341 24 % $ 247 34 % $ 576 ____________________________ (1) Tax rates may not recalculate due to rounding. (2) Tax impact of foreign exchange includes the following: (i) Mexican inflation on tax values, (ii) currency translation effects of local currency deferred tax assets and deferred tax liabilities, (iii) the tax impact of local currency foreign exchange gains or losses and (iv) non-taxable or non-deductible U.S. dollar currency foreign exchange gains or losses. (3) Following the framework established with the Mexican Tax Authority in the fourth quarter of 2021, a full settlement was entered into during the second quarter of 2022, which resulted in a net tax benefit of $125, primarily consisting of a reduction in the related uncertain tax position of $95.

FAIR VALUE ACCOUNTING

FAIR VALUE ACCOUNTING	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE ACCOUNTING	FAIR VALUE ACCOUNTING The following tables set forth the Company’s assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. As required by accounting guidance, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Refer to Note 15 of the Consolidated Financial Statements included in Part II of the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on February 24, 2022 for further information on the Company's assets and liabilities included in the fair value hierarchy presented below. Fair Value at June 30, 2022 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 4,307 $ 4,307 $ — $ — Restricted cash 63 63 — — Trade receivable from provisional sales, net 363 — 363 — Marketable and other equity securities (Note 10) (1) 215 201 14 — Restricted marketable debt securities (Note 10) 29 25 4 — Restricted other assets (Note 10) 7 7 — — Contingent consideration assets 181 — — 181 $ 5,165 $ 4,603 $ 381 $ 181 Liabilities: Debt (2) $ 5,354 $ — $ 5,354 $ — Contingent consideration liabilities 5 — — 5 $ 5,359 $ — $ 5,354 $ 5 Fair Value at December 31, 2021 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 4,992 $ 4,992 $ — $ — Restricted cash 101 101 — — Trade receivable from provisional sales, net 297 — 297 — Assets held for sale 68 — 68 — Marketable and other equity securities (Note 10) (1) 335 318 17 — Restricted marketable debt securities (Note 10) 35 28 7 — Restricted other assets (Note 10) 16 16 — — Contingent consideration assets 171 — — 171 $ 6,015 $ 5,455 $ 389 $ 171 Liabilities: Debt (2) $ 6,712 $ — $ 6,712 $ — Contingent consideration liabilities 5 — — 5 Other 6 — 6 — $ 6,723 $ — $ 6,718 $ 5 ____________________________ (1) Marketable equity securities includes warrants reported in the Maverix Metals Inc. equity method investment balance of $7 and $8 at June 30, 2022 and December 31, 2021, respectively. (2) Debt is carried at amortized cost. The outstanding carrying value was $5,568 and $5,652 at June 30, 2022 and December 31, 2021, respectively. The fair value measurement of debt was based on an independent third-party pricing source. The following tables set forth a summary of the quantitative and qualitative information related to the significant observable and unobservable inputs used in the calculation of the Company’s Level 3 financial assets and liabilities at June 30, 2022 and December 31, 2021: Description At June 30, 2022 Valuation Technique Significant Input Range, Point Estimate or Average Contingent consideration assets $ 181 Discounted cash flow Discount rate (1) 5.71 - 9.54 % Contingent consideration liabilities $ 5 Discounted cash flow Discount rate (1) 3.41 - 4.21 % ____________________________ (1) The weighted average discount rates used to calculate the Company’s contingent consideration assets and liabilities are 5.98% and 3.73%, respectively. Various other inputs including, but not limited to, metal prices and production profiles were considered in determining the fair value of the individual contingent consideration assets and liabilities. Description At December 31, 2021 Valuation Technique Significant Input Range, Point Estimate or Average Contingent consideration assets $ 171 Discounted cash flow Discount rate (1) 4.48 - 5.88 % Contingent consideration liabilities $ 5 Discounted cash flow Discount rate (1) 2.48 - 3.35 % ____________________________ (1) The weighted average discount rate used to calculate the Company’s contingent consideration assets and liabilities are 5.63% and 2.83%, respectively. Various other inputs including, but not limited to, metal prices and production profiles were considered in determining the fair value of the individual contingent consideration assets and liabilities. The following tables set forth a summary of changes in the fair value of the Company’s recurring Level 3 financial assets and liabilities: Contingent Consideration Assets (1) Total Assets Contingent Consideration Liabilities Total Liabilities Fair value at December 31, 2021 $ 171 $ 171 $ 5 $ 5 Additions and settlements — — — — Revaluation 10 10 — — Fair value at June 30, 2022 $ 181 $ 181 $ 5 $ 5 Contingent Consideration Assets (1) Total Assets Fair value at December 31, 2020 $ 119 $ 119 Additions and settlements — — Revaluation 36 36 Fair value at June 30, 2021 $ 155 $ 155 ____________________________ (1) The gain (loss) recognized on revaluation is included in Net income (loss) from discontinued operations

INVESTMENTS

INVESTMENTS	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
INVESTMENTS	INVESTMENTS At June 30, At December 31, Current: Marketable equity securities $ 51 $ 82 Non-current: Marketable and other equity securities (1) $ 222 $ 307 Equity method investments: Pueblo Viejo Mine (40.0%) $ 1,361 $ 1,320 NuevaUnión Project (50.0%) 952 950 Norte Abierto Project (50.0%) 510 505 Maverix Metals, Inc. (28.5% and 28.6%, respectively) 157 160 Other 1 1 2,981 2,936 $ 3,203 $ 3,243 Non-current restricted investments: (2) Marketable debt securities $ 29 $ 35 Other assets 7 16 $ 36 $ 51 ____________________________ (1) Includes equity interest held in QuestEx Gold & Copper Ltd. (“QuestEx”) at December 31, 2021. During the second quarter of 2022, Skeena Resources Limited ("Skeena") acquired all of the issued and outstanding shares of QuestEx. In lieu of exchanging the Company's QuestEx shares, Skeena issued a $5 promissory note, representing the fair value of the shares, to the Company. Concurrently, the Company purchased certain properties acquired by Skeena for total consideration of $20 which included cash consideration of $15 and settlement of the promissory note of $5. (2) Non-current restricted investments are legally pledged for purposes of settling reclamation and remediation obligations and are included in Other non-current assets . Refer to Note 5 for further information regarding these amounts. Equity method investments Income (loss) from the Company's equity method investments is recognized in Equity income (loss) of affiliates, which for the three and six months ended June 30, 2022 primarily consists of income of $23 and $58, respectively, from the Pueblo Viejo mine. Income (loss) from the Company's equity method investments is recognized in Equity income (loss) of affiliates, which for the three and six months ended June 30, 2021 primarily consists of income of $44 and $94, respectively, from the Pueblo Viejo mine. See below for further information on the Company's equity method investments. Pueblo Viejo As of June 30, 2022 and December 31, 2021, the Company had outstanding shareholder loans to Pueblo Viejo of $312 and $260, with accrued interest of $5 and $3, respectively, included in the Pueblo Viejo equity method investment. Additionally, the Company has an unfunded commitment to Pueblo Viejo in the form of a revolving loan facility ("Revolving Facility"). There were no borrowings outstanding under the Revolving Facility as of June 30, 2022. The Company purchases its portion (40%) of gold and silver produced from Pueblo Viejo at market price and resells those ounces to third parties. Total payments made to Pueblo Viejo for gold and silver purchased were $129 and $267 for the three and six months ended June 30, 2022, respectively. Total payments made to Pueblo Viejo for gold and silver purchased were $151 and $322 for the three and six months ended June 30, 2021, respectively. These purchases, net of subsequent sales, are included in Other income (loss), net and the net amount is immaterial. There were no amounts due to or due from Pueblo Viejo for gold and silver purchases as of June 30, 2022 or December 31, 2021.

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2022
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES At June 30, At December 31, Materials and supplies $ 710 $ 669 In-process 125 132 Concentrate (1) 42 58 Precious metals (2) 45 71 Inventories $ 922 $ 930 ____________________________ (1) Concentrate includes gold, copper, silver, lead and zinc. (2) Precious metals includes gold and silver doré. At June 30, 2022 At December 31, 2021 Stockpiles Ore on Leach Pads Total Stockpiles Ore on Leach Pads Total Current $ 418 $ 334 $ 752 $ 491 $ 366 $ 857 Non-current 1,461 327 1,788 1,442 333 1,775 Total $ 1,879 $ 661 $ 2,540 $ 1,933 $ 699 $ 2,632 During the three and six months ended June 30, 2022, the Company recorded write-downs of $29 and $38, respectively, classified as a component of Costs applicable to sales and write-downs of $11 and $14, respectively, classified as components of Depreciation and amortization, to reduce the carrying value of stockpiles and ore on leach pads to net realizable value. Of the write-downs during the three months ended June 30, 2022, $37 was related to NGM and $3 to CC&V. Of the write-downs during the six months ended June 30, 2022, $39 was related to NGM, $9 to CC&V and $4 to Merian. During the three and six months ended June 30, 2021, the Company recorded write-downs of $5 and $19, respectively, classified as a component of Costs applicable to sales and write-downs of $1 and $8, respectively, classified as components of Depreciation and amortization, to reduce the carrying value of stockpiles and ore on leach pads to net realizable value. Of the write-downs during the three months ended June 30, 2021, $6 was related to CC&V. Of the write-downs during the six months ended June 30, 2021, $11 was related to CC&V and $16 to NGM.

STOCKPILES AND ORE ON LEACH PAD

STOCKPILES AND ORE ON LEACH PADS	6 Months Ended
	Jun. 30, 2022
STOCKPILES AND ORE ON LEACH PADS
STOCKPILES AND ORE ON LEACH PADS	INVENTORIES At June 30, At December 31, Materials and supplies $ 710 $ 669 In-process 125 132 Concentrate (1) 42 58 Precious metals (2) 45 71 Inventories $ 922 $ 930 ____________________________ (1) Concentrate includes gold, copper, silver, lead and zinc. (2) Precious metals includes gold and silver doré. At June 30, 2022 At December 31, 2021 Stockpiles Ore on Leach Pads Total Stockpiles Ore on Leach Pads Total Current $ 418 $ 334 $ 752 $ 491 $ 366 $ 857 Non-current 1,461 327 1,788 1,442 333 1,775 Total $ 1,879 $ 661 $ 2,540 $ 1,933 $ 699 $ 2,632 During the three and six months ended June 30, 2022, the Company recorded write-downs of $29 and $38, respectively, classified as a component of Costs applicable to sales and write-downs of $11 and $14, respectively, classified as components of Depreciation and amortization, to reduce the carrying value of stockpiles and ore on leach pads to net realizable value. Of the write-downs during the three months ended June 30, 2022, $37 was related to NGM and $3 to CC&V. Of the write-downs during the six months ended June 30, 2022, $39 was related to NGM, $9 to CC&V and $4 to Merian. During the three and six months ended June 30, 2021, the Company recorded write-downs of $5 and $19, respectively, classified as a component of Costs applicable to sales and write-downs of $1 and $8, respectively, classified as components of Depreciation and amortization, to reduce the carrying value of stockpiles and ore on leach pads to net realizable value. Of the write-downs during the three months ended June 30, 2021, $6 was related to CC&V. Of the write-downs during the six months ended June 30, 2021, $11 was related to CC&V and $16 to NGM.

DEBT

DEBT	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
DEBT	DEBT Scheduled minimum debt repayments are as follows: Year Ending December 31, 2022 (for the remainder of 2022) $ — 2023 — 2024 — 2025 — 2026 — Thereafter 5,624 Debt $ 5,624 In January 2022, the Company fully redeemed all of the outstanding 3.700% 2023 Goldcorp Senior Notes. The redemption price of $90 equaled the principal amount of the outstanding 2023 Goldcorp Senior Notes of $87 plus accrued and unpaid interest and future coupon payments in accordance with the terms of the 2023 Goldcorp Senior Notes.

OTHER LIABILITIES

OTHER LIABILITIES	6 Months Ended
	Jun. 30, 2022
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES	OTHER LIABILITIES At June 30, At December 31, Other current liabilities: Reclamation and remediation liabilities $ 282 $ 273 Accrued operating costs 257 201 Accrued capital expenditures 175 155 Payables to NGM (1) 74 114 Other (2) 333 430 $ 1,121 $ 1,173 Other non-current liabilities: Income and mining taxes (3) $ 217 $ 328 Other (4) 289 280 $ 506 $ 608 _________________________ (1) Primarily consists of amounts due to (from) NGM representing Barrick's 61.5% proportionate share of the amount owed to NGM for gold and silver purchased by Newmont. Newmont’s 38.5% share of such amounts is eliminated upon proportionate consolidation of its interest in NGM. Receivables for Newmont's 38.5% proportionate share related to NGM's activities with Barrick are presented within Other current assets. (2) Primarily consists of accrued interest, the current portion of the silver streaming agreement liability, royalties, taxes other than income and mining taxes and the current portion of the Norte Abierto deferred payments. (3) Includes unrecognized tax benefits, including penalties and interest.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​	6 Months Ended
	Jun. 30, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Unrealized Gain (Loss) on Investment Securities, net Foreign Currency Translation Adjustments Pension and Other Post-retirement Benefit Adjustments Unrealized Gain (Loss) on Cash flow Hedge Instruments Total Balance at December 31, 2021 $ 2 $ 119 $ (166) $ (88) $ (133) Net current-period other comprehensive income (loss): Gain (loss) in other comprehensive income (loss) before reclassifications (2) 1 17 — 16 (Gain) loss reclassified from accumulated other comprehensive income (loss) (1) — — 104 2 106 Other comprehensive income (loss) (2) 1 121 2 122 Balance at June 30, 2022 $ — $ 120 $ (45) $ (86) $ (11) __________________________ (1) The $104 loss, reclassified from Accumulated other comprehensive income (loss) for Pension and other post-retirement benefit adjustments primarily relates to the $130 settlement loss, net of $27 tax, recognized as a result of the group annuity purchase in March 2022. Refer to Note 7 for additional information. All other reclassifications from Accumulated other comprehensive income (loss) were immaterial for the six months ended June 30, 2022.

NET CHANGE IN OPERATING ASSETS

NET CHANGE IN OPERATING ASSETS AND LIABILITIES	6 Months Ended
	Jun. 30, 2022
Increase (Decrease) in Operating Capital [Abstract]
NET CHANGE IN OPERATING ASSETS AND LIABILITIES	NET CHANGE IN OPERATING ASSETS AND LIABILITIES Net cash provided by (used in) operating activities of continuing operations attributable to the net change in operating assets and liabilities is composed of the following: Six Months Ended 2022 2021 Decrease (increase) in operating assets: Trade and other receivables $ 45 $ (46) Inventories, stockpiles and ore on leach pads (47) (169) Other assets (72) 108 Increase (decrease) in operating liabilities: Accounts payable 55 (39) Reclamation and remediation liabilities (101) (54) Accrued tax liabilities (347) (308) Other accrued liabilities (35) (83) Net change in operating assets and liabilities $ (502) $ (591)

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES General Estimated losses from contingencies are accrued by a charge to income when information available prior to issuance of the financial statements indicates that it is probable that a liability could be incurred and the amount of the loss can be reasonably estimated. Legal expenses associated with the contingency are expensed as incurred. If a loss contingency is not probable or reasonably estimable, disclosure of the contingency and estimated range of loss, if determinable, is made in the financial statements when it is at least reasonably possible that a material loss could be incurred. Operating Segments The Company’s operating and reportable segments are identified in Note 3. Except as noted in this paragraph, all of the Company’s commitments and contingencies specifically described herein are included in Corporate and Other. The Yanacocha matters relate to the South America reportable segment. The Newmont Ghana Gold and Newmont Golden Ridge matters relate to the Africa reportable segment. The CC&V matter and the Mexico tax matter relates to the North America reportable segment. Environmental Matters Refer to Note 5 for further information regarding reclamation and remediation. Details about certain significant matters are discussed below. Minera Yanacocha S.R.L. - 100% Newmont Owned In early 2015 and again in June 2017, the Peruvian government agency responsible for certain environmental regulations, the Ministry of the Environment (“MINAM”), issued proposed modifications to water quality criteria for designated beneficial uses which apply to mining companies, including Yanacocha. These criteria modified the in-stream water quality criteria pursuant to which Yanacocha has been designing water treatment processes and infrastructure. In December 2015, MINAM issued the final regulation that modified the water quality standards. These Peruvian regulations allow time to formulate a compliance plan and make any necessary changes to achieve compliance. In February 2017, Yanacocha submitted a modification to its previously approved compliance achievement plan to the MINEM. The Company did not receive a response or comments to this submission until April 2021. During this interim period, Yanacocha separately submitted an Environmental Impact Assessment ("EIA") modification considering the ongoing operations and the projects to be developed and obtained authorization from MINEM for such projects. This authorization included a deadline for compliance with the modified water quality criteria by January 2024. In May 2022, Yanacocha submitted a proposed modification to this plan requesting an extension of time for coming into full compliance with the new regulations by January 2027. In the event that MINEM does not grant Yanacocha an extension of the previously authorized timeline for, and agree to, the updated compliance achievement plan, fines and penalties relating to noncompliance may result beyond January 2024. The Company currently operates five water treatment plants at Yanacocha that have been and currently meet all currently applicable water discharge requirements. The Company is conducting detailed studies to better estimate water management and other closure activities that will ensure water quality and quantity discharge requirements, including the modifications promulgated by MINAM, as referenced above, will be met. This also includes performing a comprehensive update to the Yanacocha reclamation plan to address changes in closure activities and estimated closure costs while preserving optionality for potential future projects at Yanacocha. These ongoing studies, which will extend beyond the current year, continue to evaluate and revise assumptions and estimated costs of changes to the reclamation plan. While certain estimated costs remain subject to revision, the Company’s asset retirement obligation at December 31, 2021 included updates primarily to the expected construction of two water treatment plants, a related increase in the annual operating costs over the extended closure period, and initial consideration of known risks (including the associated risk that these water treatment estimates could change in the future as more work is completed). However, these and other additional risks and contingencies that are the subject of ongoing studies could result in future material increases to the reclamation obligation at Yanacocha, including, but not limited to, a comprehensive review of the Company's tailings storage facility management, review of Yanacocha’s water balance and storm water management system, and review of post-closure management costs. The ongoing studies, which are progressing in 2022, are intended to evaluate and further understand these risks and determine what, if any, additional modification may be required to the reclamation plan. The Company expects these studies to extend beyond the current year, and as a result, the Company is currently unable to reasonably estimate the impacts these risks, if realized, may have on the reclamation obligation as of June 30, 2022. Yanacocha experienced heavy rainfall in early 2022, above average historical levels, which resulted in significant water balance stress and required active emergency management. Yanacocha has been in communication with Organismo Evaluación y Fiscalización Ambiental (“OEFA”), under MINAM, and local government regarding the emergency measures undertaken and contingency planning. Yanacocha was able to prevent any offsite release of untreated water, but did need to accumulate untreated water in mine pits. If accumulation in pits or other emergency measures are deemed a violation of existing permits, it could result in fines and penalties for unauthorized discharge. Such fines and penalties, if ultimately assessed, are currently unknown and otherwise cannot be reasonably estimated at this time. Extended periods of rainfall, more extreme storm events or increased overall rainfall beyond historical or planned levels may also result in flooding or stress of mine pits and maintenance and storage facilities (e.g., tailings water), unpermitted off-site discharges, delays to planned study work, increased cost related to water infrastructure adjustments and potential negative impacts to permitting and operations. In March 2022, Sumitomo exercised its option to require Yanacocha to repurchase its 5% interest, which closed during the second quarter of 2022. As of June 30, 2022, the Company holds 100% ownership interest in Yanacocha. Refer to Note 1 for further information. Cripple Creek & Victor Gold Mining Company LLC - 100% Newmont Owned In December 2021, Cripple Creek & Victor Gold Mining Company LLC (“CC&V”, a wholly-owned subsidiary of the Company) entered into a Settlement Agreement (“Settlement Agreement”) with the Water Quality Control Division of the Colorado Department of Public Health and Environment (the “Division”) with a mutual objective of resolving issues associated with the new discharge permits issued by the Division in January 2021 for the historic Carlton Tunnel. The Carlton Tunnel was a historic tunnel completed in 1941 with the purpose of draining the southern portion of the mining district, subsequently consolidated by CC&V. CC&V has held discharge permits for the Carlton Tunnel since 1983, but the January 2021 new permits contained new water quality limits. The Settlement Agreement, once implemented through permit modification applications, would involve installation of interim passive water treatment and ongoing monitoring over the next three years, and then more long-term water treatment installed with target compliance by November 2027. The Company is currently considering various interim passive water treatment options, with related studies expected to be progressed in 2022, and based on an evaluation of those options, a remediation liability of $10 was recorded as of December 31, 2021. If one of these passive water treatment options is determined not to be a viable long-term water treatment strategy, CC&V may be required to develop and implement alternative remediation plans for water discharged from the Carlton Tunnel. Depending on the remediation plans that may ultimately be agreed with the Division, a material adjustment to the remediation liability may be required. Dawn Mining Company LLC (“Dawn”) - 58.19% Newmont Owned Midnite mine site and Dawn mill site . Dawn previously leased an open pit uranium mine, currently inactive, on the Spokane Indian Reservation in the State of Washington. The mine site is subject to regulation by agencies of the U.S. Department of Interior (the Bureau of Indian Affairs and the Bureau of Land Management), as well as the EPA. As per the Consent Decree approved by the U.S. District Court for the Eastern District of Washington on January 17, 2012, the following actions were required of Newmont, Dawn, the Department of the Interior and the EPA: (i) Newmont and Dawn would design, construct and implement the cleanup plan selected by the EPA in 2006 for the Midnite mine site; (ii) Newmont and Dawn would reimburse the EPA for its past costs associated with overseeing the work; (iii) the Department of the Interior would contribute a lump sum amount toward past EPA costs and future costs related to the cleanup of the Midnite mine site; (iv) Newmont and Dawn would be responsible for all future EPA oversight costs and Midnite mine site cleanup costs; and (v) Newmont would post a surety bond for work at the site. During 2012, the Department of Interior contributed its share of past EPA costs and future costs related to the cleanup of the Midnite mine site in a lump sum payment of $42, which Newmont classified as restricted assets with interest on the Consolidated Balance Sheets for all periods presented. In 2016, Newmont completed the remedial design process, with the exception of the new WTP design which was awaiting the approval of the new NPDES permit. Subsequently, the new NPDES permit was received in 2017 and the WTP design commenced in 2018. The EPA completed their assessment and approval of the WTP design in 2021 and Newmont has selected contractors for the construction of the new water treatment plant and effluent pipeline. Construction of the effluent pipeline began in 2021, and construction of the new WTP will begin this year. The Dawn mill site is regulated by the Washington Department of Health and is in the process of being closed in accordance with the federal Uranium Mill Tailings Radiation Control Act, and associated Washington state regulations. Remediation at the Dawn mill site began in 2013. The Tailing Disposal Area 1-4 reclamation earthworks component was completed during 2017 with the embankment erosion protection completed in the second quarter of 2018. The remaining closure activities will consist primarily of finalizing an Alternative Concentration Limit application submitted in 2020 to the Washington Department of Health to address groundwater issues, and also evaporating the remaining balance of process water at the site. The remediation liability for the Midnite mine site and Dawn mill site is approximately $165 at June 30, 2022. Other Legal Matters Minera Yanacocha S.R.L. - 100% Newmont Owned Administrative Actions . The Peruvian government agency responsible for environmental evaluation and inspection, Organismo Evaluación y Fiscalización Ambiental (“OEFA”), conducts periodic reviews of the Yanacocha site. From 2011 to the third quarter of 2021, OEFA issued notices of alleged violations of OEFA standards to Yanacocha and Conga relating to past inspections. The water authority that is in charge of supervising the proper water administration has also issued notices of alleged regulatory violations in previous years. The experience with OEFA and the water authority is that in the case of a finding of violation, remedial action is often the outcome rather than a significant fine. There are no current alleged OEFA violations and the water authority alleged violations range from zero to 10 units, with each unit having a potential fine equivalent to approximately $.001110 based on current exchange rates, with a total potential fine amount for outstanding matters of $— to $0.01. Yanacocha is responding to all notices of alleged violations, but cannot reasonably predict the outcome of the agency allegations. Conga Project Constitutional Claim . On October 18, 2012, Marco Antonio Arana Zegarra filed a constitutional claim against the Ministry of Energy and Mines and Yanacocha requesting the Court to order the suspension of the Conga project as well as to declare not applicable the October 27, 2010, directorial resolution approving the Conga project EIA. On October 23, 2012, a Cajamarca judge dismissed the claims based on formal grounds finding that: (i) plaintiffs had not exhausted previous administrative proceedings; (ii) the directorial resolution approving the Conga EIA is valid, and was not challenged when issued in the administrative proceedings; (iii) there was inadequate evidence to conclude that the Conga project is a threat to the constitutional right of living in an adequate environment; and (iv) the directorial resolution approving the Conga project EIA does not guarantee that the Conga project will proceed, so there was no imminent threat to be addressed by the Court. The plaintiffs appealed the dismissal of the case. The Civil Court of the Superior Court of Cajamarca confirmed the above mentioned resolution and the plaintiff presented an appeal. On March 13, 2015, the Constitutional Court published its ruling stating that the case should be sent back to the first court with an order to formally admit the case and start the judicial process in order to review the claim and the proofs presented by the plaintiff. Yanacocha has answered the claim. Neither the Company nor Yanacocha can reasonably predict the outcome of this litigation. Newmont Corporation, as well as Newmont Canada Corporation, and Newmont Canada FN Holdings ULC – 100% Newmont Owned Kirkland Lake Gold Inc. (“Kirkland”) owns certain mining and mineral rights in northeastern Ontario, Canada, referred to here as the Holt-McDermott property, on which it suspended operations in April 2020. A subsidiary of the Company has a retained royalty obligation (“Holt royalty obligation”) to Royal Gold, Inc. (“Royal Gold”) for production on the Holt-McDermott property. In August 2020, the Company and Kirkland signed a Strategic Alliance Agreement (the “Kirkland Agreement”). As part of the Kirkland Agreement, the Company purchased an option (the “Holt option”) for $75 from Kirkland for the mining and mineral rights subject to the Holt royalty obligation. The Company has the right to exercise the Holt option and acquire ownership to the mineral interests subject to the Holt royalty obligation in the event Kirkland intends to resume operations and process material subject to the obligation. Kirkland has the right to assume the Company’s Holt royalty obligation at any time, in which case the Holt option would terminate. On August 16, 2021, International Royalty Corporation (“IRC”), a wholly-owned subsidiary of Royal Gold, filed an action in the Supreme Court of Nova Scotia against Newmont Corporation, Newmont Canada Corporation, Newmont Canada FN Holdings ULC, and Kirkland. IRC alleges the Kirkland Agreement is oppressive to the interests of Royal Gold under the Nova Scotia Companies Act and the Canada Business Corporations Act, and that, by entering into the Kirkland Agreement, Newmont breached its contractual obligations to Royal Gold. IRC seeks declaratory relief, and $350 in alleged royalty payments that it claims Newmont expected to pay under the Holt royalty obligation, but for the Kirkland Agreement. Kirkland filed a motion seeking dismissal of the case against it, which the court heard in March 2022 and took under advisement. The Company intends to vigorously defend this matter, but cannot reasonably predict the outcome. NWG Investments Inc. v. Fronteer Gold Inc. In April 2011, Newmont acquired Fronteer Gold Inc. (“Fronteer”). Fronteer acquired NewWest Gold Corporation (“NewWest Gold”) in September 2007. At the time of that acquisition, NWG Investments Inc. (“NWG”) owned approximately 86% of NewWest Gold and an individual named Jacob Safra owned or controlled 100% of NWG. Prior to its acquisition of NewWest Gold, Fronteer entered into a June 2007 lock-up agreement with NWG providing that, among other things, NWG would support Fronteer’s acquisition of NewWest Gold. At that time, Fronteer owned approximately 47% of Aurora Energy Resources Inc. (“Aurora”), which, among other things, had a uranium exploration project in Labrador, Canada. NWG contends that, during the negotiations leading up to the lock-up agreement, Fronteer represented to NWG, among other things, that Aurora would commence uranium mining in Labrador by 2013, that this was a firm date, that Aurora faced no current environmental issues in Labrador and that Aurora’s competitors faced delays in commencing uranium mining. NWG further contends that it entered into the lock-up agreement and agreed to support Fronteer’s acquisition of NewWest Gold in reliance upon these purported representations. On October 11, 2007, less than three weeks after the Fronteer-NewWest Gold transaction closed, a member of the Nunatsiavut Assembly introduced a motion calling for the adoption of a moratorium on uranium mining in Labrador. On April 8, 2008, the Nunatsiavut Assembly adopted a three-year moratorium on uranium mining in Labrador. NWG contends that Fronteer was aware during the negotiations of the NWG/Fronteer lock-up agreement that the Nunatsiavut Assembly planned on adopting this moratorium and that its adoption would preclude Aurora from commencing uranium mining by 2013, but Fronteer nonetheless fraudulently induced NWG to enter into the lock-up agreement. On September 24, 2012, NWG served a summons and complaint on the Company, and then amended the complaint to add Newmont Canada Holdings ULC as a defendant. The complaint also named Fronteer Gold Inc. and Mark O’Dea as defendants. The complaint sought rescission of the merger between Fronteer and NewWest Gold and $750 in damages. In August 2013 the Supreme Court of New York, New York County issued an order granting the defendants’ motion to dismiss on forum non conveniens. Subsequently, NWG filed a notice of appeal of the decision and then a notice of dismissal of the appeal on March 24, 2014. On February 26, 2014, NWG filed a lawsuit in Ontario Superior Court of Justice against Fronteer Gold Inc., Newmont Mining Corporation, Newmont Canada Holdings ULC, Newmont FH B.V. and Mark O’Dea. The Ontario complaint is based upon substantially the same allegations contained in the New York lawsuit with claims for fraudulent and negligent misrepresentation. NWG seeks disgorgement of profits since the close of the NWG deal on September 24, 2007 and damages in the amount of C$1,200. Newmont, along with other defendants, served the plaintiff with its statement of defense on October 17, 2014. Newmont intends to vigorously defend this matter, but cannot reasonably predict the outcome. Newmont Ghana Gold Limited and Newmont Golden Ridge Limited - 100% Newmont Owned On December 24, 2018, two individual plaintiffs, who are members of the Ghana Parliament (“Plaintiffs”), filed a writ to invoke the original jurisdiction of the Supreme Court of Ghana. On January 16, 2019, Plaintiffs filed the Statement of Plaintiff’s Case outlining the details of the Plaintiff’s case and subsequently served Newmont Ghana Gold Limited (“NGGL”) and Newmont Golden Ridge Limited (“NGRL”) along with the other named defendants, the Attorney General of Ghana, the Minerals Commission of Ghana and 33 other mining companies with interests in Ghana. The Plaintiffs allege that under article 268 of the 1992 Constitution of Ghana, the mining company defendants are not entitled to carry out any exploitation of minerals or other natural resources in Ghana, unless their respective transactions, contracts or concessions are ratified or exempted from ratification by the Parliament of Ghana. Newmont’s current mining leases are both ratified by Parliament; NGGL June 13, 2001 mining lease, ratified by Parliament on October 21, 2008, and NGRL January 19, 2010 mining lease; ratified by Parliament on December 3, 2015. The writ alleges that any mineral exploitation prior to Parliamentary ratification is unconstitutional. The Plaintiffs seek several remedies including: (i) a declaration as to the meaning of constitutional language at issue; (ii) an injunction precluding exploitation of minerals for any mining company without prior Parliamentary ratification; (iii) a declaration that all revenue as a result of violation of the Constitution shall be accounted for and recovered via cash equivalent; and (iv) an order that the Attorney General and Minerals Commission submit all un-ratified mining leases, undertakings or contracts to Parliament for ratification. Newmont intends to vigorously defend this matter, but cannot reasonably predict the outcome. Mexico Tax Matter Tax Reassessment from Mexican Tax Authority . During 2016, the Mexican Tax Authority issued reassessment notices to several of Goldcorp, Inc.’s Mexican subsidiaries. Topics under dispute generally involve transfer pricing, deductibility of mine stripping costs, and gain recognized on certain asset sales. The Company has made significant progress in reaching resolution with the Mexican Tax Authority on these matters. In the second quarter of 2019, a number of issues were settled, resulting in a $96 payment, which was previously accrued in the financial statements. In the first quarter of 2020, further settlement was reached for an immaterial amount, with dialogue continuing in an effort to resolve the outstanding reassessment. During the fourth quarter of 2021, a framework to settle a number of years and matters was reached, resulting in a $76 payment, which was previously accrued in the financial statements. Following the framework previously reached, full settlement of these years and matters was reached, with no further payment being made. Refer to Note 8 for further information on the settlement. Other Commitments and Contingencies Newmont is from time to time involved in various legal proceedings related to its business. Except in the above described proceedings, management does not believe that adverse decisions in any pending or threatened proceeding or that amounts that may be required to be paid by reason thereof will have a material adverse effect on the Company’s financial condition or results of operations. In connection with the Company's investment in Galore Creek, Newmont will owe NovaGold Resources Inc. $75 upon the earlier of approval to construct a mine, mill and all related infrastructure for the Galore Creek project or the initiation of construction of a mine, mill or any related infrastructure. The amount due is non-interest bearing. The decision for an approval and commencement of construction is contingent on the results of a prefeasibility and feasibility study, neither of which have occurred. As such, this amount has not been accrued. Deferred payments to Barrick of $122 and $124 as of June 30, 2022 and December 31, 2021, respectively, are to be satisfied through funding a portion of Barrick’s share of project expenditures at the Norte Abierto project. These deferred payments to Barrick are included in Other current liabilities and Other non-current liabilities .

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Risks and Uncertainties	Risks and Uncertainties The COVID-19 pandemic and the Russian invasion of Ukraine continue to affect the Company. Although the Company does not currently have operations in Ukraine, Russia or other parts of Europe, impacts arising from Russia’s invasion of Ukraine include the Company's ability to complete the sale of assets currently classified as held for sale within one year as originally planned. In addition, these events, along with the ongoing COVID-19 pandemic, could have further potential impacts on the Company including, but not limited to, sites being placed into care and maintenance, volatility in commodity prices and the prices for gold and other metals, cost inflation, logistical challenges, workforce interruptions, financial market disruption, as well as potential impacts to estimated costs and timing of projects. The Company continues to monitor and is currently evaluating potential impacts to operations, estimated capital expenditures and timing of projects related to inflationary pressures and supply chain disruptions. Depending on the duration and extent of COVID-19, ongoing global developments and increasing inflationary pressures, these factors could materially impact the Company’s results of operations, cash flows and financial condition and could result in material impairment charges to the Company’s Property, plant and mine development, net ; Inventories ; Stockpiles and ore on leach pads ; Investments ; Deferred income tax assets ; and Goodwill .
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the accounting for and recognition and disclosure of assets, liabilities, equity, revenues and expenses. The Company must make these estimates and assumptions because certain information used is dependent on future events, cannot be calculated with a high degree of precision from data available or simply cannot be readily calculated based on generally accepted methodologies. Actual results could differ from these estimates.
Reclassifications	Reclassifications Certain amounts and disclosures in prior years have been reclassified to conform to the current year presentation.
Recently Adopted Accounting Pronouncements and Securities and Exchange Commission Rules and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements and Securities and Exchange Commission Rules Financial Disclosures of Government Assistance In November 2021, ASU No. 2021-10 was issued which provides guidance for required annual disclosures about transactions with a government that are accounted for by applying a grant or contribution accounting model by analogy. The Company adopted this standard as of January 1, 2022. The adoption did not have a material impact on the Condensed Consolidated Financial Statements or disclosures. Recently Issued Accounting Pronouncements Effects of Reference Rate Reform

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Financial Information of Company's Segments	Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Three Months Ended June 30, 2022 CC&V $ 85 $ 49 $ 16 $ 3 $ 6 $ 14 Musselwhite 73 53 20 2 — 12 Porcupine 125 71 25 4 28 40 Éléonore 87 71 27 1 (13) 13 Peñasquito: (2) Gold 230 127 34 Silver 140 155 42 Lead 28 29 8 Zinc 92 94 22 Total Peñasquito 490 405 106 6 (44) 48 Other North America — — 2 1 (15) — North America 860 649 196 17 (38) 127 Yanacocha 128 73 21 5 6 90 Merian 178 94 20 6 58 13 Cerro Negro 145 71 42 4 15 32 Other South America — — 1 11 (20) 1 South America 451 238 84 26 59 136 Boddington: Gold 429 181 33 Copper 76 49 9 Total Boddington 505 230 42 2 245 17 Tanami 249 84 26 7 153 94 Other Australia — — 2 5 — 1 Australia 754 314 70 14 398 112 Ahafo 253 129 42 7 75 78 Akyem 203 76 33 4 89 8 Other Africa — — — 1 (3) 2 Africa 456 205 75 12 161 88 Nevada Gold Mines 537 302 127 9 91 72 Nevada 537 302 127 9 91 72 Corporate and Other — — 7 29 (263) 2 Consolidated $ 3,058 $ 1,708 $ 559 $ 107 $ 408 $ 537 ____________________________ (1) Includes accrued costs associated with the Tanami Expansion of $2, which are included in Lease and other financing obligations , and an increase in accrued capital expenditures of $16. Consolidated capital expenditures on a cash basis were $519. (2) Costs applicable to sales includes amounts resulting from the profit-sharing agreement completed with the Peñasquito workforce during the second quarter of 2022. Under the agreement, the Company will pay its workforce an uncapped profit-sharing bonus each year, based on the agreed upon terms. Additionally, the terms of the agreement are retroactively applied to profit-sharing related to 2021 site performance, resulting in $70 recorded within Costs applicable to sales in the second quarter of 2022. The amounts related to the 2021 profit-sharing are expected to be paid in the third quarter of 2022. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Three Months Ended June 30, 2021 CC&V $ 116 $ 59 $ 16 $ 6 $ 34 $ 8 Musselwhite 63 37 19 2 4 10 Porcupine 122 61 21 7 30 16 Éléonore 124 65 36 2 18 14 Peñasquito: Gold 326 95 50 Silver 175 75 39 Lead 43 18 10 Zinc 137 59 26 Total Peñasquito 681 247 125 1 299 33 Other North America — — 4 1 (13) — North America 1,106 469 221 19 372 81 Yanacocha 123 32 23 3 41 28 Merian 196 83 26 3 74 10 Cerro Negro 142 69 39 1 34 28 Other South America — — 1 9 (17) — South America 461 184 89 16 132 66 Boddington: Gold 344 162 26 Copper 80 38 6 Total Boddington 424 200 32 2 189 51 Tanami 199 65 23 8 102 68 Other Australia — — 1 4 (7) 1 Australia 623 265 56 14 284 120 Ahafo 189 92 34 5 53 46 Akyem 163 56 28 2 76 12 Other Africa — — — 1 (3) — Africa 352 148 62 8 126 58 Nevada Gold Mines 523 215 128 8 170 75 Nevada 523 215 128 8 170 75 Corporate and Other — — 5 24 (141) 6 Consolidated $ 3,065 $ 1,281 $ 561 $ 89 $ 943 $ 406 ____________________________ (1) Includes a decrease in accrued capital expenditures of $9; consolidated capital expenditures on a cash basis were $415. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Six Months Ended June 30, 2022 CC&V $ 153 $ 101 $ 32 $ 4 $ 3 $ 18 Musselwhite 133 96 36 3 (3) 18 Porcupine 239 137 47 7 45 76 Éléonore 181 133 56 1 (14) 23 Peñasquito: (2) Gold 482 214 73 Silver 296 252 86 Lead 72 51 18 Zinc 302 180 57 Total Peñasquito 1,152 697 234 11 197 88 Other North America — — 4 1 (11) — North America 1,858 1,164 409 27 217 223 Yanacocha 255 140 46 6 13 146 Merian 373 181 42 9 139 24 Cerro Negro 267 134 81 7 23 60 Other South America — — 2 20 (35) 1 South America 895 455 171 42 140 231 Boddington: Gold 810 343 61 Copper 175 95 17 Total Boddington 985 438 78 3 478 35 Tanami 435 149 48 13 231 178 Other Australia — — 3 8 (9) 5 Australia 1,420 587 129 24 700 218 Ahafo 455 235 73 11 142 137 Akyem 372 143 63 8 156 20 Other Africa — — — 1 (5) 5 Africa 827 378 136 20 293 162 Nevada Gold Mines 1,081 559 252 15 244 138 Nevada 1,081 559 252 15 244 138 Corporate and Other — — 9 61 (558) 11 Consolidated $ 6,081 $ 3,143 $ 1,106 $ 189 $ 1,036 $ 983 ____________________________ (1) Includes accrued costs associated with the Tanami Expansion of $7, which are included in Lease and other financing obligations , and an increase in accrued capital expenditures of $20. Consolidated capital expenditures on a cash basis were $956. (2) Costs applicable to sales includes amounts resulting from the profit-sharing agreement completed with the Peñasquito workforce during the second quarter of 2022. Under the agreement, the Company will pay its workforce an uncapped profit-sharing bonus each year, based on the agreed upon terms. Additionally, the terms of the agreement are retroactively applied to profit-sharing related to 2021 site performance, resulting in $70 recorded within Costs applicable to sales in the second quarter of 2022. The amounts related to the 2021 profit-sharing are expected to be paid in the third quarter of 2022. Sales Costs Applicable to Sales Depreciation and Amortization Advanced Projects, Research and Development and Exploration Income (Loss) before Income and Mining Tax and Other Items Capital Expenditures (1) Six Months Ended June 30, 2021 CC&V $ 215 $ 120 $ 34 $ 8 $ 52 $ 17 Musselwhite 133 76 39 4 9 19 Porcupine 253 127 45 12 64 27 Éléonore 233 118 68 4 36 31 Peñasquito: Gold 636 184 98 Silver 343 150 80 Lead 87 37 20 Zinc 263 120 55 Total Peñasquito 1,329 491 253 2 565 64 Other North America — — 8 2 (9) — North America 2,163 932 447 32 717 158 Yanacocha 233 82 51 6 44 43 Merian 389 164 51 4 157 20 Cerro Negro 226 109 65 2 40 48 Other South America — — 3 15 (30) — South America 848 355 170 27 211 111 Boddington: Gold 588 293 47 Copper 132 65 10 Total Boddington 720 358 57 4 300 137 Tanami 418 135 46 11 225 127 Other Australia — — 3 6 (10) 3 Australia 1,138 493 106 21 515 267 Ahafo 376 184 66 8 111 77 Akyem 350 122 60 3 163 20 Other Africa — — — 1 (5) — Africa 726 306 126 12 269 97 Nevada Gold Mines 1,062 442 255 14 337 117 Nevada 1,062 442 255 14 337 117 Corporate and Other — — 10 49 (363) 10 Consolidated $ 5,937 $ 2,528 $ 1,114 $ 155 $ 1,686 $ 760 ____________________________ (1) Includes a decrease in accrued capital expenditures of $54; consolidated capital expenditures on a cash basis were $814.

SALES (Tables)

SALES (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Schedule of sales by mining operation, product and by inventory type, and provisional sales	The following tables present the Company’s Sales by mining operation, product and inventory type: Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended June 30, 2022 CC&V $ 85 $ — $ 85 Musselwhite 73 — 73 Porcupine 125 — 125 Éléonore 87 — 87 Peñasquito: Gold 25 205 230 Silver (1) — 140 140 Lead — 28 28 Zinc — 92 92 Total Peñasquito 25 465 490 North America 395 465 860 Yanacocha 129 (1) 128 Merian 178 — 178 Cerro Negro 145 — 145 South America 452 (1) 451 Boddington: Gold 107 322 429 Copper — 76 76 Total Boddington 107 398 505 Tanami 249 — 249 Australia 356 398 754 Ahafo 253 — 253 Akyem 203 — 203 Africa 456 — 456 Nevada Gold Mines (2) 521 16 537 Nevada 521 16 537 Consolidated $ 2,180 $ 878 $ 3,058 ____________________________ (1) Silver sales from concentrate includes $20 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $525 for the three months ended June 30, 2022. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended June 30, 2021 CC&V $ 116 $ — $ 116 Musselwhite 63 — 63 Porcupine 122 — 122 Éléonore 124 — 124 Peñasquito: Gold 66 260 326 Silver (1) — 175 175 Lead — 43 43 Zinc — 137 137 Total Peñasquito 66 615 681 North America 491 615 1,106 Yanacocha 115 8 123 Merian 196 — 196 Cerro Negro 142 — 142 South America 453 8 461 Boddington: Gold 85 259 344 Copper — 80 80 Total Boddington 85 339 424 Tanami 199 — 199 Australia 284 339 623 Ahafo 189 — 189 Akyem 163 — 163 Africa 352 — 352 Nevada Gold Mines (2) 505 18 523 Nevada 505 18 523 Consolidated $ 2,085 $ 980 $ 3,065 ____________________________ (1) Silver sales from concentrate includes $18 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $505 for the three months ended June 30, 2021. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Six Months Ended June 30, 2022 CC&V $ 148 $ 5 $ 153 Musselwhite 133 — 133 Porcupine 239 — 239 Éléonore 181 — 181 Peñasquito: Gold 56 426 482 Silver (1) — 296 296 Lead — 72 72 Zinc — 302 302 Total Peñasquito 56 1,096 1,152 North America 757 1,101 1,858 Yanacocha 256 (1) 255 Merian 373 — 373 Cerro Negro 267 — 267 South America 896 (1) 895 Boddington: Gold 198 612 810 Copper — 175 175 Total Boddington 198 787 985 Tanami 435 — 435 Australia 633 787 1,420 Ahafo 455 — 455 Akyem 372 — 372 Africa 827 — 827 Nevada Gold Mines (2) 1,050 31 1,081 Nevada 1,050 31 1,081 Consolidated $ 4,163 $ 1,918 $ 6,081 ____________________________ (1) Silver sales from concentrate includes $39 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $1,051 for the six months ended June 30, 2022. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Six Months Ended June 30, 2021 CC&V $ 215 $ — $ 215 Musselwhite 133 — 133 Porcupine 253 — 253 Éléonore 233 — 233 Peñasquito: Gold 122 514 636 Silver (1) — 343 343 Lead — 87 87 Zinc — 263 263 Total Peñasquito 122 1,207 1,329 North America 956 1,207 2,163 Yanacocha 224 9 233 Merian 389 — 389 Cerro Negro 226 — 226 South America 839 9 848 Boddington: Gold 151 437 588 Copper — 132 132 Total Boddington 151 569 720 Tanami 418 — 418 Australia 569 569 1,138 Ahafo 376 — 376 Akyem 350 — 350 Africa 726 — 726 Nevada Gold Mines (2) 1,030 32 1,062 Nevada 1,030 32 1,062 Consolidated $ 4,120 $ 1,817 $ 5,937 ____________________________ (1) Silver sales from concentrate includes $38 related to non-cash amortization of the silver streaming agreement liability. (2) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $1,026 for the six months ended June 30, 2021. At June 30, 2022, Newmont had the following provisionally priced concentrate sales subject to final pricing over the next several months: Provisionally Priced Sales Average Provisional Gold (ounces, in thousands) 200 $ 1,810 Copper (pounds, in millions) 31 $ 3.74 Silver (ounces, in millions) 4 $ 20.35 Lead (pounds, in millions) 16 $ 0.87 Zinc (pounds, in millions) 85 $ 1.44
Schedule of receivables included within Trade Receivables	The following table details the receivables included within Trade receivables : At June 30, At December 31, Gold sales from doré production $ — $ 40 Sales from concentrate and other production 364 297 Trade receivables $ 364 $ 337

RECLAMATION AND REMEDIATION (Ta

RECLAMATION AND REMEDIATION (Tables)	6 Months Ended
	Jun. 30, 2022
Environmental Remediation Obligations [Abstract]
Reclamation and Remediation Expense	The Company’s Reclamation and remediation expense consisted of: Three Months Ended Six Months Ended 2022 2021 2022 2021 Reclamation adjustments and other $ 1 $ 2 $ 2 $ 11 Reclamation accretion 43 30 86 62 Reclamation expense 44 32 88 73 Remediation adjustments and other 3 22 19 26 Remediation accretion 2 3 3 4 Remediation expense 5 25 22 30 Reclamation and remediation $ 49 $ 57 $ 110 $ 103
Reconciliation of Reclamation Liabilities	The following are reconciliations of Reclamation and remediation liabilities : Reclamation Remediation 2022 2021 2022 2021 Balance at January 1, $ 5,768 $ 3,719 $ 344 $ 313 Additions, changes in estimates and other (1) 13 7 13 21 Payments, net (78) (37) (23) (17) Accretion expense 86 62 3 4 Balance at June 30, $ 5,789 $ 3,751 $ 337 $ 321 ____________________________ (1) The $13 addition to remediation for the six months ended June 30, 2022 is due to expected higher waste disposal costs at Midnite Mine. The $21 addition to remediation for the six months ended June 30, 2021 is primarily due to revisions to estimated construction costs of the water treatment plant at Midnite Mine. At June 30, 2022 At December 31, 2021 Reclamation Remediation Total Reclamation Remediation Total Current (1) $ 210 $ 72 $ 282 $ 213 $ 60 $ 273 Non-current (2) 5,579 265 5,844 5,555 284 5,839 Total (3) $ 5,789 $ 337 $ 6,126 $ 5,768 $ 344 $ 6,112 ____________________________ (1) The current portion of reclamation and remediation liabilities are included in Other current liabilities . (2) The non-current portion of reclamation and remediation liabilities are included in Reclamation and remediation liabilities. (3) Total reclamation liabilities includes $3,242 and $3,250 related to Yanacocha at June 30, 2022 and December 31, 2021, respectively.
Reconciliation of Remediation Liabilities	At June 30, 2022 At December 31, 2021 Reclamation Remediation Total Reclamation Remediation Total Current (1) $ 210 $ 72 $ 282 $ 213 $ 60 $ 273 Non-current (2) 5,579 265 5,844 5,555 284 5,839 Total (3) $ 5,789 $ 337 $ 6,126 $ 5,768 $ 344 $ 6,112 ____________________________ (1) The current portion of reclamation and remediation liabilities are included in Other current liabilities . (2) The non-current portion of reclamation and remediation liabilities are included in Reclamation and remediation liabilities. (3) Total reclamation liabilities includes $3,242 and $3,250 related to Yanacocha at June 30, 2022 and December 31, 2021, respectively.

OTHER EXPENSE, NET (Tables)

OTHER EXPENSE, NET (Tables)	6 Months Ended
	Jun. 30, 2022
Operating Costs and Expenses [Abstract]
Schedule of other expense, net	Three Months Ended Six Months Ended 2022 2021 2022 2021 COVID-19 specific costs $ 10 $ 20 $ 27 $ 42 Settlement costs 5 8 18 11 Impairment of long-lived and other assets 2 11 2 12 Restructuring and severance — 5 1 10 Care and maintenance costs — 2 — 2 Other 5 6 9 14 Other expense, net $ 22 $ 52 $ 57 $ 91

OTHER INCOME (LOSS), NET (Table

OTHER INCOME (LOSS), NET (Tables)	6 Months Ended
	Jun. 30, 2022
Other Income, Nonoperating [Abstract]
Other Income, Net	Three Months Ended Six Months Ended 2022 2021 2022 2021 Pension settlement $ — $ — $ (130) $ — Change in fair value of investments (135) 26 (96) (84) Gain (loss) on asset and investment sales, net (1) — — (35) 43 Foreign currency exchange, net 27 8 28 31 Other (2) 33 16 49 21 Other income (loss), net $ (75) $ 50 $ (184) $ 11 ____________________________ (1) Primarily comprised of the loss recognized on the sale of the La Zanja equity method investment for the six months ended June 30, 2022 (see Note 1 for additional information) and the sale of all of the Company’s outstanding shares of TMAC to Agnico Eagle Mines Ltd which resulted in a gain of $42 for the six months ended June 30, 2021. (2) Includes a reimbursement of certain historical Goldcorp operational expenses related to a legacy project that reached commercial production in the second quarter of 2022.

INCOME AND MINING TAXES (Tables

INCOME AND MINING TAXES (Tables)	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income and Mining Tax Expense Reconciliation	A reconciliation of the U.S. federal statutory tax rate to the Company’s effective income tax rate follows: Three Months Ended June 30, (1) Six Months Ended June 30, (1) 2022 2021 2022 2021 Income (loss) before income and mining tax and other items $ 408 $ 943 $ 1,036 $ 1,686 U.S. Federal statutory tax rate 21 % $ 86 21 % $ 198 21 % $ 218 21 % $ 354 Reconciling items: Change in valuation allowance on deferred tax assets 9 37 1 9 5 49 2 30 Foreign rate differential 12 50 9 85 12 119 9 155 Mining and other taxes (net of associated federal benefit) 6 22 5 47 6 59 5 88 Tax impact of foreign exchange (2) (6) (23) 1 11 (3) (26) (1) (17) Mexico Tax Settlement (3) (31) (125) — — (12) (125) — — Other (3) (14) (1) (9) (5) (47) (2) (34) Income and mining tax expense (benefit) 8 % $ 33 36 % $ 341 24 % $ 247 34 % $ 576 ____________________________ (1) Tax rates may not recalculate due to rounding. (2) Tax impact of foreign exchange includes the following: (i) Mexican inflation on tax values, (ii) currency translation effects of local currency deferred tax assets and deferred tax liabilities, (iii) the tax impact of local currency foreign exchange gains or losses and (iv) non-taxable or non-deductible U.S. dollar currency foreign exchange gains or losses. (3) Following the framework established with the Mexican Tax Authority in the fourth quarter of 2021, a full settlement was entered into during the second quarter of 2022, which resulted in a net tax benefit of $125, primarily consisting of a reduction in the related uncertain tax position of $95.

FAIR VALUE ACCOUNTING (Tables)

FAIR VALUE ACCOUNTING (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following tables set forth the Company’s assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. As required by accounting guidance, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Refer to Note 15 of the Consolidated Financial Statements included in Part II of the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on February 24, 2022 for further information on the Company's assets and liabilities included in the fair value hierarchy presented below. Fair Value at June 30, 2022 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 4,307 $ 4,307 $ — $ — Restricted cash 63 63 — — Trade receivable from provisional sales, net 363 — 363 — Marketable and other equity securities (Note 10) (1) 215 201 14 — Restricted marketable debt securities (Note 10) 29 25 4 — Restricted other assets (Note 10) 7 7 — — Contingent consideration assets 181 — — 181 $ 5,165 $ 4,603 $ 381 $ 181 Liabilities: Debt (2) $ 5,354 $ — $ 5,354 $ — Contingent consideration liabilities 5 — — 5 $ 5,359 $ — $ 5,354 $ 5 Fair Value at December 31, 2021 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 4,992 $ 4,992 $ — $ — Restricted cash 101 101 — — Trade receivable from provisional sales, net 297 — 297 — Assets held for sale 68 — 68 — Marketable and other equity securities (Note 10) (1) 335 318 17 — Restricted marketable debt securities (Note 10) 35 28 7 — Restricted other assets (Note 10) 16 16 — — Contingent consideration assets 171 — — 171 $ 6,015 $ 5,455 $ 389 $ 171 Liabilities: Debt (2) $ 6,712 $ — $ 6,712 $ — Contingent consideration liabilities 5 — — 5 Other 6 — 6 — $ 6,723 $ — $ 6,718 $ 5 ____________________________ (1) Marketable equity securities includes warrants reported in the Maverix Metals Inc. equity method investment balance of $7 and $8 at June 30, 2022 and December 31, 2021, respectively. (2) Debt is carried at amortized cost. The outstanding carrying value was $5,568 and $5,652 at June 30, 2022 and December 31, 2021, respectively. The fair value measurement of debt was based on an independent third-party pricing source.
Quantitative and Qualitative Information	The following tables set forth a summary of the quantitative and qualitative information related to the significant observable and unobservable inputs used in the calculation of the Company’s Level 3 financial assets and liabilities at June 30, 2022 and December 31, 2021: Description At June 30, 2022 Valuation Technique Significant Input Range, Point Estimate or Average Contingent consideration assets $ 181 Discounted cash flow Discount rate (1) 5.71 - 9.54 % Contingent consideration liabilities $ 5 Discounted cash flow Discount rate (1) 3.41 - 4.21 % ____________________________ (1) The weighted average discount rates used to calculate the Company’s contingent consideration assets and liabilities are 5.98% and 3.73%, respectively. Various other inputs including, but not limited to, metal prices and production profiles were considered in determining the fair value of the individual contingent consideration assets and liabilities. Description At December 31, 2021 Valuation Technique Significant Input Range, Point Estimate or Average Contingent consideration assets $ 171 Discounted cash flow Discount rate (1) 4.48 - 5.88 % Contingent consideration liabilities $ 5 Discounted cash flow Discount rate (1) 2.48 - 3.35 % ____________________________ (1) The weighted average discount rate used to calculate the Company’s contingent consideration assets and liabilities are 5.63% and 2.83%, respectively. Various other inputs including, but not limited to, metal prices and production profiles were considered in determining the fair value of the individual contingent consideration assets and liabilities.
Changes in the Fair Value of the Company's Level 3 Financial Assets	The following tables set forth a summary of changes in the fair value of the Company’s recurring Level 3 financial assets and liabilities: Contingent Consideration Assets (1) Total Assets Contingent Consideration Liabilities Total Liabilities Fair value at December 31, 2021 $ 171 $ 171 $ 5 $ 5 Additions and settlements — — — — Revaluation 10 10 — — Fair value at June 30, 2022 $ 181 $ 181 $ 5 $ 5 Contingent Consideration Assets (1) Total Assets Fair value at December 31, 2020 $ 119 $ 119 Additions and settlements — — Revaluation 36 36 Fair value at June 30, 2021 $ 155 $ 155 ____________________________ (1) The gain (loss) recognized on revaluation is included in Net income (loss) from discontinued operations
Changes in the Fair Value of the Company's Level 3 Financial Liabilities	The following tables set forth a summary of changes in the fair value of the Company’s recurring Level 3 financial assets and liabilities: Contingent Consideration Assets (1) Total Assets Contingent Consideration Liabilities Total Liabilities Fair value at December 31, 2021 $ 171 $ 171 $ 5 $ 5 Additions and settlements — — — — Revaluation 10 10 — — Fair value at June 30, 2022 $ 181 $ 181 $ 5 $ 5 Contingent Consideration Assets (1) Total Assets Fair value at December 31, 2020 $ 119 $ 119 Additions and settlements — — Revaluation 36 36 Fair value at June 30, 2021 $ 155 $ 155 ____________________________ (1) The gain (loss) recognized on revaluation is included in Net income (loss) from discontinued operations

INVESTMENTS (Tables)

INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of investments	At June 30, At December 31, Current: Marketable equity securities $ 51 $ 82 Non-current: Marketable and other equity securities (1) $ 222 $ 307 Equity method investments: Pueblo Viejo Mine (40.0%) $ 1,361 $ 1,320 NuevaUnión Project (50.0%) 952 950 Norte Abierto Project (50.0%) 510 505 Maverix Metals, Inc. (28.5% and 28.6%, respectively) 157 160 Other 1 1 2,981 2,936 $ 3,203 $ 3,243 Non-current restricted investments: (2) Marketable debt securities $ 29 $ 35 Other assets 7 16 $ 36 $ 51 ____________________________ (1) Includes equity interest held in QuestEx Gold & Copper Ltd. (“QuestEx”) at December 31, 2021. During the second quarter of 2022, Skeena Resources Limited ("Skeena") acquired all of the issued and outstanding shares of QuestEx. In lieu of exchanging the Company's QuestEx shares, Skeena issued a $5 promissory note, representing the fair value of the shares, to the Company. Concurrently, the Company purchased certain properties acquired by Skeena for total consideration of $20 which included cash consideration of $15 and settlement of the promissory note of $5. (2) Non-current restricted investments are legally pledged for purposes of settling reclamation and remediation obligations and are included in Other non-current assets . Refer to Note 5 for further information regarding these amounts.

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2022
Inventory Disclosure [Abstract]
Summary of Inventories	At June 30, At December 31, Materials and supplies $ 710 $ 669 In-process 125 132 Concentrate (1) 42 58 Precious metals (2) 45 71 Inventories $ 922 $ 930 ____________________________ (1) Concentrate includes gold, copper, silver, lead and zinc. (2) Precious metals includes gold and silver doré.

STOCKPILES AND ORE ON LEACH P_2

STOCKPILES AND ORE ON LEACH PADS (Tables)	6 Months Ended
	Jun. 30, 2022
STOCKPILES AND ORE ON LEACH PADS
Stockpiles and Ore on Leach Pads	At June 30, 2022 At December 31, 2021 Stockpiles Ore on Leach Pads Total Stockpiles Ore on Leach Pads Total Current $ 418 $ 334 $ 752 $ 491 $ 366 $ 857 Non-current 1,461 327 1,788 1,442 333 1,775 Total $ 1,879 $ 661 $ 2,540 $ 1,933 $ 699 $ 2,632

DEBT (Tables)

DEBT (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Minimum Debt Repayments	Scheduled minimum debt repayments are as follows: Year Ending December 31, 2022 (for the remainder of 2022) $ — 2023 — 2024 — 2025 — 2026 — Thereafter 5,624 Debt $ 5,624

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2022
Other Liabilities Disclosure [Abstract]
Other Liabilities	At June 30, At December 31, Other current liabilities: Reclamation and remediation liabilities $ 282 $ 273 Accrued operating costs 257 201 Accrued capital expenditures 175 155 Payables to NGM (1) 74 114 Other (2) 333 430 $ 1,121 $ 1,173 Other non-current liabilities: Income and mining taxes (3) $ 217 $ 328 Other (4) 289 280 $ 506 $ 608 _________________________ (1) Primarily consists of amounts due to (from) NGM representing Barrick's 61.5% proportionate share of the amount owed to NGM for gold and silver purchased by Newmont. Newmont’s 38.5% share of such amounts is eliminated upon proportionate consolidation of its interest in NGM. Receivables for Newmont's 38.5% proportionate share related to NGM's activities with Barrick are presented within Other current assets. (2) Primarily consists of accrued interest, the current portion of the silver streaming agreement liability, royalties, taxes other than income and mining taxes and the current portion of the Norte Abierto deferred payments. (3) Includes unrecognized tax benefits, including penalties and interest.

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​​ (Tables)	6 Months Ended
	Jun. 30, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Change in Accumulated Other Comprehensive Income (Loss)	Unrealized Gain (Loss) on Investment Securities, net Foreign Currency Translation Adjustments Pension and Other Post-retirement Benefit Adjustments Unrealized Gain (Loss) on Cash flow Hedge Instruments Total Balance at December 31, 2021 $ 2 $ 119 $ (166) $ (88) $ (133) Net current-period other comprehensive income (loss): Gain (loss) in other comprehensive income (loss) before reclassifications (2) 1 17 — 16 (Gain) loss reclassified from accumulated other comprehensive income (loss) (1) — — 104 2 106 Other comprehensive income (loss) (2) 1 121 2 122 Balance at June 30, 2022 $ — $ 120 $ (45) $ (86) $ (11) __________________________ (1) The $104 loss, reclassified from Accumulated other comprehensive income (loss) for Pension and other post-retirement benefit adjustments primarily relates to the $130 settlement loss, net of $27 tax, recognized as a result of the group annuity purchase in March 2022. Refer to Note 7 for additional information. All other reclassifications from Accumulated other comprehensive income (loss) were immaterial for the six months ended June 30, 2022.

NET CHANGE IN OPERATING ASSET_2

NET CHANGE IN OPERATING ASSETS AND LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2022
Increase (Decrease) in Operating Capital [Abstract]
Net Change in Operating Assets and Liabilities	Net cash provided by (used in) operating activities of continuing operations attributable to the net change in operating assets and liabilities is composed of the following: Six Months Ended 2022 2021 Decrease (increase) in operating assets: Trade and other receivables $ 45 $ (46) Inventories, stockpiles and ore on leach pads (47) (169) Other assets (72) 108 Increase (decrease) in operating liabilities: Accounts payable 55 (39) Reclamation and remediation liabilities (101) (54) Accrued tax liabilities (347) (308) Other accrued liabilities (35) (83) Net change in operating assets and liabilities $ (502) $ (591)

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2018	Dec. 31, 2021
Business Acquisition [Line Items]
Net income (loss) attributable to noncontrolling interest	$ (13)		$ (11)	$ (34)	$ (31)
Distributions to noncontrolling interests				$ 103	97
Disposed of by sale, not discontinued operations | Minera La Zanja
Business Acquisition [Line Items]
Equity method investment, ownership percentage sold		46.94%
Equity method investments							$ 0
Contribution paid upon sale of equity method investment		$ 45
Minera Yanacocha | Summit Global Management II V B
Business Acquisition [Line Items]
Proceeds from sale of stock						$ 48
Minera Yanacocha
Business Acquisition [Line Items]
Noncontrolling interest, ownership percentage by parent	100%	95%		100%			43.65%
Minera Yanacocha | Buenaventura
Business Acquisition [Line Items]
Distributions to noncontrolling interests		$ 300
Purchase of noncontrolling interest, contingent consideration		$ 100
Minera Yanacocha | Buenaventura
Business Acquisition [Line Items]
Noncontrolling interest, ownership percentage by noncontrolling owners		43.65%
Minera Yanacocha | Summit Global Management II V B
Business Acquisition [Line Items]
Noncontrolling interest, ownership percentage by noncontrolling owners	5%	5%		5%		5%
Merian | Primary Beneficiary
Business Acquisition [Line Items]
Net income (loss) attributable to noncontrolling interest	$ 13		$ 11	$ 34	$ 31

SEGMENT INFORMATION - Financial

SEGMENT INFORMATION - Financial Information of Company's Segments (Details) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)
Segment Information
Number of operating segments | segment				5
Number of reportable segments | segment				5
Sales		$ 3,058	$ 3,065	$ 6,081	$ 5,937
Costs Applicable to Sales	[1]	1,708	1,281	3,143	2,528
Depreciation and amortization		559	561	1,106	1,114
Advanced Projects, Research and Development and Exploration		107	89	189	155
Income (loss) before income and mining tax and other items		408	943	1,036	1,686
Capital expenditures		537	406	983	760
Additional disclosures
Increase (decrease) in accrued capital expenditures		16	(9)	20	(54)
Consolidated capital expenditures on a cash basis		519	415	956	814
Tanami
Additional disclosures
Accrued costs		2		7
Operating Segments | North America
Segment Information
Sales		860	1,106	1,858	2,163
Costs Applicable to Sales		649	469	1,164	932
Depreciation and amortization		196	221	409	447
Advanced Projects, Research and Development and Exploration		17	19	27	32
Income (loss) before income and mining tax and other items		(38)	372	217	717
Capital expenditures		127	81	223	158
Operating Segments | North America | CC&V
Segment Information
Sales		85	116	153	215
Costs Applicable to Sales		49	59	101	120
Depreciation and amortization		16	16	32	34
Advanced Projects, Research and Development and Exploration		3	6	4	8
Income (loss) before income and mining tax and other items		6	34	3	52
Capital expenditures		14	8	18	17
Operating Segments | North America | Musselwhite
Segment Information
Sales		73	63	133	133
Costs Applicable to Sales		53	37	96	76
Depreciation and amortization		20	19	36	39
Advanced Projects, Research and Development and Exploration		2	2	3	4
Income (loss) before income and mining tax and other items		0	4	(3)	9
Capital expenditures		12	10	18	19
Operating Segments | North America | Porcupine
Segment Information
Sales		125	122	239	253
Costs Applicable to Sales		71	61	137	127
Depreciation and amortization		25	21	47	45
Advanced Projects, Research and Development and Exploration		4	7	7	12
Income (loss) before income and mining tax and other items		28	30	45	64
Capital expenditures		40	16	76	27
Operating Segments | North America | Éléonore
Segment Information
Sales		87	124	181	233
Costs Applicable to Sales		71	65	133	118
Depreciation and amortization		27	36	56	68
Advanced Projects, Research and Development and Exploration		1	2	1	4
Income (loss) before income and mining tax and other items		(13)	18	(14)	36
Capital expenditures		13	14	23	31
Operating Segments | North America | Peñasquito
Segment Information
Sales		490	681	1,152	1,329
Costs Applicable to Sales		405	247	697	491
Depreciation and amortization		106	125	234	253
Advanced Projects, Research and Development and Exploration		6	1	11	2
Income (loss) before income and mining tax and other items		(44)	299	197	565
Capital expenditures		48	33	88	64
Operating Segments | North America | Peñasquito | Profit-Sharing Agreement
Segment Information
Costs Applicable to Sales		70
Operating Segments | North America | Peñasquito | Gold
Segment Information
Sales		230	326	482	636
Costs Applicable to Sales		127	95	214	184
Depreciation and amortization		34	50	73	98
Operating Segments | North America | Peñasquito | Silver
Segment Information
Sales		140	175	296	343
Costs Applicable to Sales		155	75	252	150
Depreciation and amortization		42	39	86	80
Operating Segments | North America | Peñasquito | Lead
Segment Information
Sales		28	43	72	87
Costs Applicable to Sales		29	18	51	37
Depreciation and amortization		8	10	18	20
Operating Segments | North America | Peñasquito | Zinc
Segment Information
Sales		92	137	302	263
Costs Applicable to Sales		94	59	180	120
Depreciation and amortization		22	26	57	55
Operating Segments | North America | Other North America
Segment Information
Sales		0	0	0	0
Costs Applicable to Sales		0	0	0	0
Depreciation and amortization		2	4	4	8
Advanced Projects, Research and Development and Exploration		1	1	1	2
Income (loss) before income and mining tax and other items		(15)	(13)	(11)	(9)
Capital expenditures		0	0	0	0
Operating Segments | South America
Segment Information
Sales		451	461	895	848
Costs Applicable to Sales		238	184	455	355
Depreciation and amortization		84	89	171	170
Advanced Projects, Research and Development and Exploration		26	16	42	27
Income (loss) before income and mining tax and other items		59	132	140	211
Capital expenditures		136	66	231	111
Operating Segments | South America | Yanacocha
Segment Information
Sales		128	123	255	233
Costs Applicable to Sales		73	32	140	82
Depreciation and amortization		21	23	46	51
Advanced Projects, Research and Development and Exploration		5	3	6	6
Income (loss) before income and mining tax and other items		6	41	13	44
Capital expenditures		90	28	146	43
Operating Segments | South America | Merian
Segment Information
Sales		178	196	373	389
Costs Applicable to Sales		94	83	181	164
Depreciation and amortization		20	26	42	51
Advanced Projects, Research and Development and Exploration		6	3	9	4
Income (loss) before income and mining tax and other items		58	74	139	157
Capital expenditures		13	10	24	20
Operating Segments | South America | Cerro Negro
Segment Information
Sales		145	142	267	226
Costs Applicable to Sales		71	69	134	109
Depreciation and amortization		42	39	81	65
Advanced Projects, Research and Development and Exploration		4	1	7	2
Income (loss) before income and mining tax and other items		15	34	23	40
Capital expenditures		32	28	60	48
Operating Segments | South America | Other South America
Segment Information
Sales		0	0	0	0
Costs Applicable to Sales		0	0	0	0
Depreciation and amortization		1	1	2	3
Advanced Projects, Research and Development and Exploration		11	9	20	15
Income (loss) before income and mining tax and other items		(20)	(17)	(35)	(30)
Capital expenditures		1	0	1	0
Operating Segments | Australia
Segment Information
Sales		754	623	1,420	1,138
Costs Applicable to Sales		314	265	587	493
Depreciation and amortization		70	56	129	106
Advanced Projects, Research and Development and Exploration		14	14	24	21
Income (loss) before income and mining tax and other items		398	284	700	515
Capital expenditures		112	120	218	267
Operating Segments | Australia | Boddington:
Segment Information
Sales		505	424	985	720
Costs Applicable to Sales		230	200	438	358
Depreciation and amortization		42	32	78	57
Advanced Projects, Research and Development and Exploration		2	2	3	4
Income (loss) before income and mining tax and other items		245	189	478	300
Capital expenditures		17	51	35	137
Operating Segments | Australia | Boddington: | Gold
Segment Information
Sales		429	344	810	588
Costs Applicable to Sales		181	162	343	293
Depreciation and amortization		33	26	61	47
Operating Segments | Australia | Boddington: | Copper
Segment Information
Sales		76	80	175	132
Costs Applicable to Sales		49	38	95	65
Depreciation and amortization		9	6	17	10
Operating Segments | Australia | Tanami
Segment Information
Sales		249	199	435	418
Costs Applicable to Sales		84	65	149	135
Depreciation and amortization		26	23	48	46
Advanced Projects, Research and Development and Exploration		7	8	13	11
Income (loss) before income and mining tax and other items		153	102	231	225
Capital expenditures		94	68	178	127
Operating Segments | Australia | Other Australia
Segment Information
Sales		0	0	0	0
Costs Applicable to Sales		0	0	0	0
Depreciation and amortization		2	1	3	3
Advanced Projects, Research and Development and Exploration		5	4	8	6
Income (loss) before income and mining tax and other items		0	(7)	(9)	(10)
Capital expenditures		1	1	5	3
Operating Segments | Africa
Segment Information
Sales		456	352	827	726
Costs Applicable to Sales		205	148	378	306
Depreciation and amortization		75	62	136	126
Advanced Projects, Research and Development and Exploration		12	8	20	12
Income (loss) before income and mining tax and other items		161	126	293	269
Capital expenditures		88	58	162	97
Operating Segments | Africa | Ahafo
Segment Information
Sales		253	189	455	376
Costs Applicable to Sales		129	92	235	184
Depreciation and amortization		42	34	73	66
Advanced Projects, Research and Development and Exploration		7	5	11	8
Income (loss) before income and mining tax and other items		75	53	142	111
Capital expenditures		78	46	137	77
Operating Segments | Africa | Akyem
Segment Information
Sales		203	163	372	350
Costs Applicable to Sales		76	56	143	122
Depreciation and amortization		33	28	63	60
Advanced Projects, Research and Development and Exploration		4	2	8	3
Income (loss) before income and mining tax and other items		89	76	156	163
Capital expenditures		8	12	20	20
Operating Segments | Africa | Other Africa
Segment Information
Sales		0	0	0	0
Costs Applicable to Sales		0	0	0	0
Depreciation and amortization		0	0	0	0
Advanced Projects, Research and Development and Exploration		1	1	1	1
Income (loss) before income and mining tax and other items		(3)	(3)	(5)	(5)
Capital expenditures		2	0	5	0
Operating Segments | Nevada
Segment Information
Sales		537	523	1,081	1,062
Costs Applicable to Sales		302	215	559	442
Depreciation and amortization		127	128	252	255
Advanced Projects, Research and Development and Exploration		9	8	15	14
Income (loss) before income and mining tax and other items		91	170	244	337
Capital expenditures		72	75	138	117
Operating Segments | Nevada | Nevada Gold Mines
Segment Information
Sales		537	523	1,081	1,062
Costs Applicable to Sales		302	215	559	442
Depreciation and amortization		127	128	252	255
Advanced Projects, Research and Development and Exploration		9	8	15	14
Income (loss) before income and mining tax and other items		91	170	244	337
Capital expenditures		72	75	138	117
Corporate and Other
Segment Information
Sales		0	0	0	0
Costs Applicable to Sales		0	0	0	0
Depreciation and amortization		7	5	9	10
Advanced Projects, Research and Development and Exploration		29	24	61	49
Income (loss) before income and mining tax and other items		(263)	(141)	(558)	(363)
Capital expenditures		$ 2	$ 6	$ 11	$ 10
[1] Excludes Depreciation and amortization and Reclamation and remediation .

SALES - Schedule of sales by mi

SALES - Schedule of sales by mining operation, product and inventory type (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
SALES
Sales	$ 3,058	$ 3,065	$ 6,081	$ 5,937
Gold sales from doré production
SALES
Sales	2,180	2,085	4,163	4,120
Sales from concentrate and other production
SALES
Sales	878	980	1,918	1,817
Operating Segments | North America
SALES
Sales	860	1,106	1,858	2,163
Operating Segments | North America | Gold sales from doré production
SALES
Sales	395	491	757	956
Operating Segments | North America | Sales from concentrate and other production
SALES
Sales	465	615	1,101	1,207
Operating Segments | North America | CC&V
SALES
Sales	85	116	153	215
Operating Segments | North America | CC&V | Gold sales from doré production
SALES
Sales	85	116	148	215
Operating Segments | North America | CC&V | Sales from concentrate and other production
SALES
Sales	0	0	5	0
Operating Segments | North America | Musselwhite
SALES
Sales	73	63	133	133
Operating Segments | North America | Musselwhite | Gold sales from doré production
SALES
Sales	73	63	133	133
Operating Segments | North America | Musselwhite | Sales from concentrate and other production
SALES
Sales	0	0	0	0
Operating Segments | North America | Porcupine
SALES
Sales	125	122	239	253
Operating Segments | North America | Porcupine | Gold sales from doré production
SALES
Sales	125	122	239	253
Operating Segments | North America | Porcupine | Sales from concentrate and other production
SALES
Sales	0	0	0	0
Operating Segments | North America | Éléonore
SALES
Sales	87	124	181	233
Operating Segments | North America | Éléonore | Gold sales from doré production
SALES
Sales	87	124	181	233
Operating Segments | North America | Éléonore | Sales from concentrate and other production
SALES
Sales	0	0	0	0
Operating Segments | North America | Peñasquito
SALES
Sales	490	681	1,152	1,329
Operating Segments | North America | Peñasquito | Gold sales from doré production
SALES
Sales	25	66	56	122
Operating Segments | North America | Peñasquito | Sales from concentrate and other production
SALES
Sales	465	615	1,096	1,207
Operating Segments | North America | Gold
SALES
Sales	230	326	482	636
Operating Segments | North America | Gold | Gold sales from doré production
SALES
Sales	25	66	56	122
Operating Segments | North America | Gold | Sales from concentrate and other production
SALES
Sales	205	260	426	514
Operating Segments | North America | Silver
SALES
Sales	140	175	296	343
Operating Segments | North America | Silver | Gold sales from doré production
SALES
Sales	0	0	0	0
Operating Segments | North America | Silver | Sales from concentrate and other production
SALES
Sales	140	175	296	343
Operating Segments | North America | Silver | Silver streaming agreement
SALES
Sales	20	18	39	38
Operating Segments | North America | Lead
SALES
Sales	28	43	72	87
Operating Segments | North America | Lead | Gold sales from doré production
SALES
Sales	0	0	0	0
Operating Segments | North America | Lead | Sales from concentrate and other production
SALES
Sales	28	43	72	87
Operating Segments | North America | Zinc
SALES
Sales	92	137	302	263
Operating Segments | North America | Zinc | Gold sales from doré production
SALES
Sales	0	0	0	0
Operating Segments | North America | Zinc | Sales from concentrate and other production
SALES
Sales	92	137	302	263
Operating Segments | South America
SALES
Sales	451	461	895	848
Operating Segments | South America | Gold sales from doré production
SALES
Sales	452	453	896	839
Operating Segments | South America | Sales from concentrate and other production
SALES
Sales	(1)	8	(1)	9
Operating Segments | South America | Yanacocha
SALES
Sales	128	123	255	233
Operating Segments | South America | Yanacocha | Gold sales from doré production
SALES
Sales	129	115	256	224
Operating Segments | South America | Yanacocha | Sales from concentrate and other production
SALES
Sales	(1)	8	(1)	9
Operating Segments | South America | Merian
SALES
Sales	178	196	373	389
Operating Segments | South America | Merian | Gold sales from doré production
SALES
Sales	178	196	373	389
Operating Segments | South America | Merian | Sales from concentrate and other production
SALES
Sales	0	0	0	0
Operating Segments | South America | Cerro Negro
SALES
Sales	145	142	267	226
Operating Segments | South America | Cerro Negro | Gold sales from doré production
SALES
Sales	145	142	267	226
Operating Segments | South America | Cerro Negro | Sales from concentrate and other production
SALES
Sales	0	0	0	0
Operating Segments | Australia
SALES
Sales	754	623	1,420	1,138
Operating Segments | Australia | Gold sales from doré production
SALES
Sales	356	284	633	569
Operating Segments | Australia | Sales from concentrate and other production
SALES
Sales	398	339	787	569
Operating Segments | Australia | Boddington:
SALES
Sales	505	424	985	720
Operating Segments | Australia | Boddington: | Gold sales from doré production
SALES
Sales	107	85	198	151
Operating Segments | Australia | Boddington: | Sales from concentrate and other production
SALES
Sales	398	339	787	569
Operating Segments | Australia | Gold
SALES
Sales	429	344	810	588
Operating Segments | Australia | Gold | Gold sales from doré production
SALES
Sales	107	85	198	151
Operating Segments | Australia | Gold | Sales from concentrate and other production
SALES
Sales	322	259	612	437
Operating Segments | Australia | Copper
SALES
Sales	76	80	175	132
Operating Segments | Australia | Copper | Gold sales from doré production
SALES
Sales	0	0	0	0
Operating Segments | Australia | Copper | Sales from concentrate and other production
SALES
Sales	76	80	175	132
Operating Segments | Australia | Tanami
SALES
Sales	249	199	435	418
Operating Segments | Australia | Tanami | Gold sales from doré production
SALES
Sales	249	199	435	418
Operating Segments | Australia | Tanami | Sales from concentrate and other production
SALES
Sales	0	0	0	0
Operating Segments | Africa
SALES
Sales	456	352	827	726
Operating Segments | Africa | Gold sales from doré production
SALES
Sales	456	352	827	726
Operating Segments | Africa | Sales from concentrate and other production
SALES
Sales	0	0	0	0
Operating Segments | Africa | Ahafo
SALES
Sales	253	189	455	376
Operating Segments | Africa | Ahafo | Gold sales from doré production
SALES
Sales	253	189	455	376
Operating Segments | Africa | Ahafo | Sales from concentrate and other production
SALES
Sales	0	0	0	0
Operating Segments | Africa | Akyem
SALES
Sales	203	163	372	350
Operating Segments | Africa | Akyem | Gold sales from doré production
SALES
Sales	203	163	372	350
Operating Segments | Africa | Akyem | Sales from concentrate and other production
SALES
Sales	0	0	0	0
Operating Segments | Nevada
SALES
Sales	537	523	1,081	1,062
Operating Segments | Nevada | Gold sales from doré production
SALES
Sales	521	505	1,050	1,030
Operating Segments | Nevada | Sales from concentrate and other production
SALES
Sales	16	18	31	32
Operating Segments | Nevada | Nevada Gold Mines
SALES
Sales	537	523	1,081	1,062
Operating Segments | Nevada | Nevada Gold Mines | Gold sales from doré production
SALES
Sales	521	505	1,050	1,030
Operating Segments | Nevada | Nevada Gold Mines | Sales from concentrate and other production
SALES
Sales	16	18	31	32
Eliminations | Nevada | Nevada Gold Mines
SALES
Sales	$ 525	$ 505	$ 1,051	$ 1,026

SALES - Schedule of receivables

SALES - Schedule of receivables included within trade receivables (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Receivables from Sales:
Trade receivables	$ 364	$ 337
Gold sales from doré production
Receivables from Sales:
Trade receivables	0	40
Sales from concentrate and other production
Receivables from Sales:
Trade receivables	$ 364	$ 297

SALES - Provisional Sales (Deta

SALES - Provisional Sales (Details) oz in Thousands, lb in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) lb oz $ / lb $ / oz	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) lb oz $ / lb $ / oz	Jun. 30, 2021 USD ($)
Revenue from Contract with Customer [Abstract]
Increase (decrease) to sales from revenue recognized due to changes in final pricing | $	$ (105)	$ 29	$ (47)	$ (7)
Gold
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | oz	200		200
Average provisional price (in dollars per ounce or pound) | $ / oz	1,810		1,810
Copper
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | lb	31		31
Average provisional price (in dollars per ounce or pound) | $ / lb	3.74		3.74
Silver
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | oz	4,000		4,000
Average provisional price (in dollars per ounce or pound) | $ / oz	20.35		20.35
Lead
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | lb	16		16
Average provisional price (in dollars per ounce or pound) | $ / lb	0.87		0.87
Zinc
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | lb	85		85
Average provisional price (in dollars per ounce or pound) | $ / lb	1.44		1.44

RECLAMATION AND REMEDIATION - E

RECLAMATION AND REMEDIATION - Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Reclamation and remediation expense
Reclamation adjustments and other	$ 1	$ 2
Reclamation accretion	43	30	$ 86	$ 62
Reclamation expense	44	32
Remediation adjustments and other	3	22
Remediation accretion	2	3	3	4
Remediation expense	5	25
Reclamation and remediation	$ 49	$ 57	110	103
Reclamation and remediation
Reclamation and remediation expense
Reclamation adjustments and other			2	11
Reclamation accretion			86	62
Reclamation expense			88	73
Remediation adjustments and other			19	26
Remediation accretion			3	4
Remediation expense			$ 22	$ 30

RECLAMATION AND REMEDIATION - R

RECLAMATION AND REMEDIATION - Reconciliation of Obligation (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Change in reclamation liability
Balance at beginning of period			$ 5,768	$ 3,719
Additions, changes in estimates and other			13	7
Payments, net			(78)	(37)
Accretion expense	$ 43	$ 30	86	62
Balance at end of period	5,789	3,751	5,789	3,751
Change in remediation liability
Balance at beginning of period			344	313
Additions, changes in estimates and other			13	21
Payments, net			(23)	(17)
Accretion expense	2	3	3	4
Balance at end of period	$ 337	$ 321	337	$ 321
Midnite mine
Change in remediation liability
Additions, changes in estimates and other			$ 13

RECLAMATION AND REMEDIATION - L

RECLAMATION AND REMEDIATION - Liability Classifications (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Reclamation and remediation expense
Reclamation liabilities, current	$ 210	$ 213
Reclamation liabilities, non-current	5,579	5,555
Reclamation obligations, operating properties	5,789	5,768	$ 3,751	$ 3,719
Remediation liabilities, current	72	60
Remediation liabilities, non-current	265	284
Total remediation liabilities	337	344	$ 321	$ 313
Total reclamation and remediation liabilities, current	282	273
Total reclamation and remediation liabilities, non-current	5,844	5,839
Total reclamation and remediation liabilities	6,126	6,112
Minera Yanacocha
Reclamation and remediation expense
Reclamation obligations, operating properties	$ 3,242	$ 3,250

RECLAMATION AND REMEDIATION - A

RECLAMATION AND REMEDIATION - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Other noncurrent assets
Reclamation and remediation expense
Asset retirement obligation restricted assets	$ 62	$ 49
Other noncurrent assets | Marketable equity securities
Reclamation and remediation expense
Asset retirement obligation restricted assets	36	51
Other noncurrent assets | Ahafo and Akyem mines
Reclamation and remediation expense
Asset retirement obligation restricted assets	50	40
Other noncurrent assets | Ahafo and Akyem mines | Marketable equity securities
Reclamation and remediation expense
Asset retirement obligation restricted assets	7	16
Other noncurrent assets | NGM
Reclamation and remediation expense
Asset retirement obligation restricted assets	3	4
Other noncurrent assets | Midnite mine
Reclamation and remediation expense
Asset retirement obligation restricted assets	7	3
Other noncurrent assets | Ross Adams Mine
Reclamation and remediation expense
Asset retirement obligation restricted assets	2	2
Other noncurrent assets | Midnite mine and Dawn mill sites | Marketable equity securities
Reclamation and remediation expense
Asset retirement obligation restricted assets	7	11
Other noncurrent assets | San Jose Reservoir | Marketable equity securities
Reclamation and remediation expense
Asset retirement obligation restricted assets	$ 22	$ 24
Maximum
Reclamation and remediation expense
Loss accrual possible shortfall, as a percent	53%
Minimum
Reclamation and remediation expense
Loss accrual possible shortfall, as a percent	0%

OTHER EXPENSE, NET (Details)

OTHER EXPENSE, NET (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Operating Costs and Expenses [Abstract]
COVID-19 specific costs	$ 10	$ 20	$ 27	$ 42
Settlement costs	5	8	18	11
Impairment of long-lived and other assets	2	11	2	12
Restructuring and severance	0	5	1	10
Care and maintenance costs	0	2	0	2
Other	5	6	9	14
Other expense, net	$ 22	$ 52	$ 57	$ 91

OTHER INCOME (LOSS), NET (Detai

OTHER INCOME (LOSS), NET (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Other Income, Net [Line Items]
Pension settlement	$ 0	$ 0	$ (130)	$ 0
Change in fair value of investments	(135)	26	(96)	(84)
Foreign currency exchange, net	27	8	28	31
Other	33	16	49	21
Other income, net	(75)	50	(184)	11
Disposed of by sale, not discontinued operations
Other Income, Net [Line Items]
Gain (loss) on asset and investment sales, net	$ 0	$ 0	$ (35)	$ 43

OTHER INCOME (LOSS), NET - Addi

OTHER INCOME (LOSS), NET - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Other Income, Net [Line Items]
Pension settlement	$ 0		$ 0	$ (130)	$ 0
Pension Plan
Other Income, Net [Line Items]
Payment for settlement				527
Pension settlement		$ (130)
Pension obligation	302			302
Plan assets	348			348
Funded (unfunded) status of plan	$ 46			$ 46
T M A C
Other Income, Net [Line Items]
Gain on sale					$ 42

INCOME AND MINING TAXES (Detail

INCOME AND MINING TAXES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Reconciling item, percentage
U.S. Federal statutory tax rate	21%	21%	21%	21%
Change in valuation allowance on deferred tax assets	9%	1%	5%	2%
Foreign rate differential	12%	9%	12%	9%
Mining and other taxes (net of associated federal benefit)	6%	5%	6%	5%
Tax impact of foreign exchange	(6.00%)	1%	(3.00%)	(1.00%)
Mexico Tax Settlement	(31.00%)	0%	(12.00%)	0%
Other	(3.00%)	(1.00%)	(5.00%)	(2.00%)
Income and mining tax expense (benefit)	8%	36%	24%	34%
Reconciling item, amount
Income (loss) before income and mining tax and other items	$ 408	$ 943	$ 1,036	$ 1,686
U.S. Federal statutory tax rate	86	198	218	354
Change in valuation allowance on deferred tax assets	37	9	49	30
Foreign rate differential	50	85	119	155
Mining and other taxes (net of associated federal benefit)	22	47	59	88
Tax impact of foreign exchange	(23)	11	(26)	(17)
Mexico Tax Settlement	(125)	0	(125)	0
Other	(14)	(9)	(47)	(34)
Income and mining tax expense (benefit)	$ 33	$ 341	247	$ 576
Mexican Tax Authority
Reconciling item, amount
Income and mining tax expense (benefit)			(125)
Increase (decrease) in related uncertain tax position			$ 95

FAIR VALUE ACCOUNTING - Recurri

FAIR VALUE ACCOUNTING - Recurring Basis (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Carrying value
Liabilities:
Debt	$ 5,568	$ 5,652
Level 3
Assets:
Contingent consideration assets	181	171
Liabilities:
Contingent consideration liabilities	5	5
Warrants | Maverix
Assets:
Marketable and other equity securities	7	8
Recurring
Assets:
Cash and cash equivalents	4,307	4,992
Restricted cash	63	101
Assets held for sale		68
Contingent consideration assets	181	171
Total assets	5,165	6,015
Liabilities:
Debt	5,354	6,712
Contingent consideration liabilities	5	5
Other		6
Total liabilities	5,359	6,723
Recurring | Level 1
Assets:
Cash and cash equivalents	4,307	4,992
Restricted cash	63	101
Assets held for sale		0
Contingent consideration assets	0	0
Total assets	4,603	5,455
Liabilities:
Debt	0	0
Contingent consideration liabilities	0	0
Other		0
Total liabilities	0	0
Recurring | Level 2
Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Assets held for sale		68
Contingent consideration assets	0	0
Total assets	381	389
Liabilities:
Debt	5,354	6,712
Contingent consideration liabilities	0	0
Other		6
Total liabilities	5,354	6,718
Recurring | Level 3
Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Assets held for sale		0
Contingent consideration assets	181	171
Total assets	181	171
Liabilities:
Debt	0	0
Contingent consideration liabilities	5	5
Other		0
Total liabilities	5	5
Recurring | Trade receivable from provisional sales, net
Assets:
Trade receivable from provisional sales, net	363	297
Recurring | Trade receivable from provisional sales, net  | Level 1
Assets:
Trade receivable from provisional sales, net	0	0
Recurring | Trade receivable from provisional sales, net  | Level 2
Assets:
Trade receivable from provisional sales, net	363	297
Recurring | Trade receivable from provisional sales, net  | Level 3
Assets:
Trade receivable from provisional sales, net	0	0
Recurring | Marketable and other equity securities
Assets:
Marketable and other equity securities	215	335
Recurring | Marketable and other equity securities | Level 1
Assets:
Marketable and other equity securities	201	318
Recurring | Marketable and other equity securities | Level 2
Assets:
Marketable and other equity securities	14	17
Recurring | Marketable and other equity securities | Level 3
Assets:
Marketable and other equity securities	0	0
Recurring | Restricted marketable debt securities
Assets:
Restricted marketable debt securities	29	35
Recurring | Restricted marketable debt securities | Level 1
Assets:
Restricted marketable debt securities	25	28
Recurring | Restricted marketable debt securities | Level 2
Assets:
Restricted marketable debt securities	4	7
Recurring | Restricted marketable debt securities | Level 3
Assets:
Restricted marketable debt securities	0	0
Recurring | Restricted other assets
Assets:
Restricted marketable debt securities	7	16
Recurring | Restricted other assets | Level 1
Assets:
Restricted marketable debt securities	7	16
Recurring | Restricted other assets | Level 2
Assets:
Restricted marketable debt securities	0	0
Recurring | Restricted other assets | Level 3
Assets:
Restricted marketable debt securities	$ 0	$ 0

FAIR VALUE ACCOUNTING - Quantit

FAIR VALUE ACCOUNTING - Quantitative Information (Details) - Level 3 - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration assets	$ 181	$ 171
Contingent consideration liabilities	$ 5	$ 5
Discounted cash flow | Minimum | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration assets, measurement input	5.71%	4.48%
Contingent consideration liabilities, measurement input	0.0341	0.0248
Discounted cash flow | Maximum | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration assets, measurement input	9.54%	5.88%
Contingent consideration liabilities, measurement input	0.0421	0.0335
Discounted cash flow | Weighted Average | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration assets, measurement input	5.98%	5.63%
Contingent consideration liabilities, measurement input	0.0373	0.0283

FAIR VALUE ACCOUNTING - Changes

FAIR VALUE ACCOUNTING - Changes in the Fair Value of Level 3 Financial Assets and Liabilities (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Summary of changes in Level 3 financial assets
Fair value, beginning of period	$ 171	$ 119
Additions and settlements	0	0
Revaluation	10	36
Fair value, end of period	181	155
Summary of changes in Level 3 financial liabilities
Fair value, beginning of period	5
Additions and settlements	0
Revaluation	0
Fair value, end of period	5
Contingent Consideration Liabilities
Summary of changes in Level 3 financial liabilities
Fair value, beginning of period	5
Additions and settlements	0
Revaluation	0
Fair value, end of period	5
Contingent consideration assets
Summary of changes in Level 3 financial assets
Fair value, beginning of period	171	119
Additions and settlements	0	0
Revaluation	10	36
Fair value, end of period	$ 181	$ 155

INVESTMENTS (Details)

INVESTMENTS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Investments
Investments	$ 3,203		$ 3,203		$ 3,243
Non-current restricted investments	$ 36		$ 36		$ 51
Ownership interest (as a percent)	38.50%		38.50%		38.50%
Cash consideration for purchase of properties	$ 519	$ 415	$ 956	$ 814
Skeena
Investments
Promissory note, fair value	$ 5		5
Total consideration for purchase of properties			20
Cash consideration for purchase of properties			$ 15
Pueblo Viejo Mine
Investments
Ownership interest (as a percent)	40%		40%
Nueva Union Project
Investments
Ownership interest (as a percent)	50%		50%
Norte Abierto Project
Investments
Ownership interest (as a percent)	50%		50%
Maverix
Investments
Ownership interest (as a percent)	28.50%		28.50%		28.60%
Restricted marketable debt securities
Investments
Non-current restricted investments	$ 29		$ 29		$ 35
Restricted other assets
Investments
Non-current restricted investments	7		7		16
Investments - current | Marketable equity securities
Investments
Marketable and other equity securities	51		51		82
Investments - noncurrent
Investments
Equity method investments	2,981		2,981		2,936
Investments	3,203		3,203		3,243
Investments - noncurrent | Pueblo Viejo Mine
Investments
Equity method investments	1,361		1,361		1,320
Investments - noncurrent | Nueva Union Project
Investments
Equity method investments	952		952		950
Investments - noncurrent | Norte Abierto Project
Investments
Equity method investments	510		510		505
Investments - noncurrent | Maverix
Investments
Equity method investments	157		157		160
Investments - noncurrent | Other
Investments
Equity method investments	1		1		1
Investments - noncurrent | Marketable equity securities
Investments
Marketable and other equity securities	$ 222		$ 222		$ 307

INVESTMENTS - Purchases, Sales,

INVESTMENTS - Purchases, Sales, and Exchanges (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Investments
Equity income (loss) of affiliates	$ 17	$ 49	$ 56	$ 99
Ownership interest (as a percent)	38.50%		38.50%		38.50%
Pueblo Viejo Revolving Facility
Investments
Credit facility, amount outstanding	$ 0		$ 0
Pueblo Viejo Mine
Investments
Equity income (loss) of affiliates	23	44	58	94
Share of loans included in investment	312		312		$ 260
Interest receivable	$ 5		$ 5		3
Ownership interest (as a percent)	40%		40%
Purchases	$ 129	$ 151	$ 267	$ 322
Due to (from) related party	$ 0		$ 0		$ 0

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Inventory, net
Materials and supplies	$ 710	$ 669
In-process	125	132
Concentrate	42	58
Precious metals	45	71
Inventories	$ 922	$ 930

STOCKPILES AND ORE ON LEACH P_3

STOCKPILES AND ORE ON LEACH PADS - Schedule (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Stockpiles And Ore On Leach Pads
Current stockpiles and ore on leach pads	$ 752	$ 857
Non-current stockpiles and ore on leach pads	1,788	1,775
Stockpiles and ore on leach pads	2,540	2,632
Stockpiles
Stockpiles And Ore On Leach Pads
Current stockpiles and ore on leach pads	418	491
Non-current stockpiles and ore on leach pads	1,461	1,442
Stockpiles and ore on leach pads	1,879	1,933
Ore on Leach Pads
Stockpiles And Ore On Leach Pads
Current stockpiles and ore on leach pads	334	366
Non-current stockpiles and ore on leach pads	327	333
Stockpiles and ore on leach pads	$ 661	$ 699

STOCKPILES AND ORE ON LEACH P_4

STOCKPILES AND ORE ON LEACH PADS - Additional Information (Details) - Stockpiles and ore on leach pads - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CC&V
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads	$ 3	$ 6	$ 9	$ 11
Nevada Gold Mines
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads	37		39	16
Merian mine
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads			4
Costs applicable to sales
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads	29	5	38	19
Depreciation and amortization
Stockpiles And Ore On Leach Pads
Write-downs of inventory and stockpiles and ore on leach pads	$ 11	$ 1	$ 14	$ 8

DEBT - Minimum Debt Repayments

DEBT - Minimum Debt Repayments (Details) $ in Millions	Jun. 30, 2022 USD ($)
Scheduled minimum debt repayments
2022 (for the remainder of 2022)	$ 0
2023	0
2024	0
2025	0
2026	0
Thereafter	5,624
Net carrying amount	$ 5,624

DEBT - Additional Information (

DEBT - Additional Information (Details) - USD ($) $ in Millions	1 Months Ended	6 Months Ended
	Jan. 31, 2022	Jun. 30, 2022	Jun. 30, 2021
Debt Instrument [Line Items]
Redemption of debt		$ 89	$ 550
2023 Senior Notes | Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.70%
Redemption of debt	$ 90
Principal amount of debt redeemed	$ 87

OTHER LIABILITIES (Details)

OTHER LIABILITIES (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Other current liabilities:
Reclamation and remediation liabilities	$ 282	$ 273
Accrued operating costs	257	201
Accrued capital expenditures	175	155
Payables to NGM	74	114
Other	333	430
Other current liabilities	1,121	1,173
Other non-current liabilities:
Income and mining taxes	217	328
Other	289	280
Other long-term liabilities, total	$ 506	$ 608
Ownership interest (as a percent)	38.50%	38.50%
Barrick Gold Corporation
Other non-current liabilities:
Ownership interest (as a percent)	61.50%	61.50%

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​ - Components of AOCI (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ 21,631	$ 21,813	$ 23,958	$ 23,845	$ 21,813	$ 23,845
Gain (loss) in other comprehensive income (loss) before reclassifications					16
(Gain) loss reclassified from accumulated other comprehensive income (loss)					106
Other comprehensive income (loss)	1	121	7	11	122	18
Balance at end of period	21,599	21,631	24,060	$ 23,958	21,599	24,060
Pension settlement	0		$ 0		130	$ 0
Valuation tax					27
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period		(133)			(133)
Balance at end of period	(11)				(11)
Unrealized Gain (Loss) on Investment Securities, net
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period		2			2
Gain (loss) in other comprehensive income (loss) before reclassifications					(2)
(Gain) loss reclassified from accumulated other comprehensive income (loss)					0
Other comprehensive income (loss)					(2)
Balance at end of period	0				0
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period		119			119
Gain (loss) in other comprehensive income (loss) before reclassifications					1
(Gain) loss reclassified from accumulated other comprehensive income (loss)					0
Other comprehensive income (loss)					1
Balance at end of period	120				120
Pension and Other Post-retirement Benefit Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period		(166)			(166)
Gain (loss) in other comprehensive income (loss) before reclassifications					17
(Gain) loss reclassified from accumulated other comprehensive income (loss)					104
Other comprehensive income (loss)					121
Balance at end of period	(45)				(45)
Unrealized Gain (Loss) on Cash flow Hedge Instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period		$ (88)			(88)
Gain (loss) in other comprehensive income (loss) before reclassifications					0
(Gain) loss reclassified from accumulated other comprehensive income (loss)					2
Other comprehensive income (loss)					2
Balance at end of period	$ (86)				$ (86)

NET CHANGE IN OPERATING ASSET_3

NET CHANGE IN OPERATING ASSETS AND LIABILITIES (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Decrease (increase) in operating assets:
Trade and other receivables	$ 45	$ (46)
Inventories, stockpiles and ore on leach pads	(47)	(169)
Other assets	(72)	108
Increase (decrease) in operating liabilities:
Accounts payable	55	(39)
Reclamation and remediation liabilities	(101)	(54)
Accrued tax liabilities	(347)	(308)
Other accrued liabilities	(35)	(83)
Net change in operating assets and liabilities	$ (502)	$ (591)

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Environmental Matters (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($) plant	Mar. 31, 2022	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2018	Dec. 31, 2012 USD ($)
Loss contingencies
Number of operational water treatment plants | plant	5
Remediation liability	$ 337		$ 344	$ 321	$ 313
Cripple Creek And Victor Mine
Loss contingencies
Remediation liability			$ 10
Midnite mine
Loss contingencies
Department of Interior contribution for past and future cleanup costs							$ 42
Midnite mine and Dawn mill sites
Loss contingencies
Remediation liability	$ 165
Minera Yanacocha
Loss contingencies
Noncontrolling interest, ownership percentage by parent	100%	95%	43.65%
Minera Yanacocha | Summit Global Management II V B
Loss contingencies
Noncontrolling interest, ownership percentage by noncontrolling owners	5%	5%				5%
Dawn Mining Company
Loss contingencies
Noncontrolling interest, ownership percentage by parent	58.19%
Cripple Creek And Victor Mine
Loss contingencies
Noncontrolling interest, ownership percentage by parent	100%

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Other Legal Matters - Yanacocha (Details)	6 Months Ended
	Jun. 30, 2022 USD ($) unit $ / unit
Loss contingencies
Potential fine for each unit alleged violations (in dollars per unit) | $ / unit	0.001110
Minimum | Minera Yanacocha
Loss contingencies
Potential fine for alleged violations | $	$ 0
Maximum | Minera Yanacocha
Loss contingencies
Potential fine for alleged violations | $	$ 10,000
Water Authority | Minimum | Minera Yanacocha
Loss contingencies
Number of units with alleged violations | unit	0
Water Authority | Maximum | Minera Yanacocha
Loss contingencies
Number of units with alleged violations | unit	10

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES - Other Legal Matters - NWG, etc. (Details) $ in Millions, $ in Millions						1 Months Ended	3 Months Ended
	Aug. 16, 2021 USD ($)	Dec. 24, 2018 co-defendant plaintiff	Feb. 26, 2014 CAD ($)	Sep. 24, 2012 USD ($)	Apr. 08, 2008	Aug. 31, 2020 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2019 USD ($)	Sep. 30, 2007
Mexican Tax Authority
Loss contingencies
Tax settlement								$ 96
Tax settlement paid							$ 76
Pending Litigation | Labrador
Loss contingencies
Uranium mining moratorium term					3 years
Kirkland Royalty Matter | Pending Litigation
Loss contingencies
Damages sought	$ 350
NWG New York Case | Pending Litigation
Loss contingencies
Damages sought				$ 750
NWG Ontario Complaint | Pending Litigation
Loss contingencies
Damages sought			$ 1,200
Ghana Parliament Cases
Loss contingencies
Number of plaintiffs | plaintiff		2
Number of co-defendants | co-defendant		33
Mining and mineral rights | Holt option
Loss contingencies
Purchase of option for mining and mineral rights						$ 75
Newmont Corporation, Newmont Canada Corporation, And Newmont Canada FN Holdings ULC
Loss contingencies
Noncontrolling interest, ownership percentage by parent							100%
NewWest Gold | N W G Investments Inc
Loss contingencies
Noncontrolling interest, ownership percentage by parent									86%
N W G Investments Inc | Jacob Safra
Loss contingencies
Noncontrolling interest, ownership percentage by parent									100%
Aurora | Fronteer
Loss contingencies
Noncontrolling interest, ownership percentage by parent									47%
Newmont Ghana Gold Limited and Newmont Golden Ridge Limited
Loss contingencies
Noncontrolling interest, ownership percentage by parent							100%

COMMITMENTS AND CONTINGENCIES_4

COMMITMENTS AND CONTINGENCIES - Other Commitments and Contingences (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Norte Abierto Project
Other Commitments [Line Items]
Contingent consideration liabilities	$ 122	$ 124
Galore Creek
Other Commitments [Line Items]
Contingent consideration liabilities	$ 75