Newmont (NEM) 10-Q 29 Apr 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2024	Apr. 22, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	001-31240
Entity Registrant Name	NEWMONT CORPORATION
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		1,153,140,195
Entity Central Index Key	0001164727
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Sales (Note 6)		$ 4,023	$ 2,679
Costs and expenses:
Costs applicable to sales	[1]	2,106	1,482
Depreciation and amortization		654	461
Reclamation and remediation (Note 7)		98	66
Exploration		53	48
Advanced projects, research and development		53	35
General and administrative		101	74
Loss on assets held for sale (Note 5)		485	0
Other expense, net (Note 8)		73	8
Total costs and expenses		3,623	2,174
Other income (expense):
Other income (loss), net (Note 9)		121	99
Interest expense, net of capitalized interest		(93)	(65)
Total other income (expense)		28	34
Income (loss) before income and mining tax and other items		428	539
Income and mining tax benefit (expense) (Note 10)		(260)	(213)
Equity income (loss) of affiliates (Note 13)		7	25
Net income (loss) from continuing operations		175	351
Net income (loss) from discontinued operations		4	12
Net income (loss)		179	363
Net loss (income) attributable to noncontrolling interests (Note 1)		(9)	(12)
Net income (loss) attributable to Newmont stockholders		170	351
Net income (loss) attributable to Newmont stockholders:
Continuing operations		166	339
Discontinued operations		4	12
Net income (loss) attributable to Newmont stockholders		$ 170	$ 351
Weighted average common shares:
Basic (in shares)		1,153	794
Effect of employee stock-based awards (in shares)		0	1
Diluted (in shares)		1,153	795
Basic:
Continuing operations (in dollars per share)		$ 0.15	$ 0.42
Discontinued operations (in dollars per share)		0	0.02
Net income (loss) per common share, basic (in dollars per share)		0.15	0.44
Diluted:
Continuing operations (in dollars per share)		0.15	0.42
Discontinued operations (in dollars per share)		0	0.02
Net income (loss) per common share, diluted (in dollars per share)		$ 0.15	$ 0.44
[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
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 179	$ 363
Other comprehensive income (loss):
Change in marketable securities, net of tax	0	(1)
Foreign currency translation adjustments	5	(1)
Change in pension and other post-retirement benefits, net of tax	0	(1)
Change in cash flow hedges, net of tax	(35)	(3)
Other comprehensive income (loss)	(30)	(6)
Comprehensive income (loss)	149	357
Comprehensive income (loss) attributable to:
Newmont stockholders	140	345
Noncontrolling interests	9	12
Comprehensive income (loss)	$ 149	$ 357

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 2,336	$ 3,002
Trade receivables (Note 6)	782	734
Investments (Note 13)	23	23
Inventories (Note 14)	1,385	1,663
Stockpiles and ore on leach pads (Note 15)	745	979
Derivative assets (Note 12)	114	198
Other current assets	765	913
Current assets held for sale (Note 5)	5,656	0
Current assets	11,806	7,512
Property, plant and mine development, net	33,564	37,563
Investments (Note 13)	4,138	4,143
Stockpiles and ore on leach pads (Note 15)	1,837	1,935
Deferred income tax assets	210	268
Goodwill	2,792	3,001
Derivative assets (Note 12)	412	444
Other non-current assets	576	640
Total assets	55,335	55,506
LIABILITIES
Accounts payable	698	960
Employee-related benefits	414	551
Income and mining taxes payable	136	88
Lease and other financing obligations	99	114
Debt (Note 16)	0	1,923
Other current liabilities (Note 17)	1,784	2,362
Current liabilities held for sale (Note 5)	2,351	0
Current liabilities	5,482	5,998
Debt (Note 16)	8,933	6,951
Lease and other financing obligations	436	448
Reclamation and remediation liabilities (Note 7)	6,652	8,167
Deferred income tax liabilities	3,094	2,987
Employee-related benefits	610	655
Silver streaming agreement	753	779
Other non-current liabilities (Note 17)	300	316
Total liabilities	26,260	26,301
Commitments and contingencies (Note 20)
EQUITY
Common stock	1,855	1,854
Treasury stock	(274)	(264)
Additional paid-in capital	30,436	30,419
Accumulated other comprehensive income (loss) (Note 18)	(16)	14
(Accumulated deficit) Retained earnings	(3,111)	(2,996)
Newmont stockholders' equity	28,890	29,027
Noncontrolling interests	185	178
Total equity	29,075	29,205
Total liabilities and equity	$ 55,335	$ 55,506

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Operating activities:
Net income (loss)		$ 179	$ 363
Non-cash adjustments:
Depreciation and amortization		654	461
Loss on assets held for sale (Note 5)		485	0
Net (income) loss from discontinued operations		(4)	(12)
Reclamation and remediation		94	61
Deferred income taxes		53	15
Change in fair value of investments (Note 9)		(31)	(41)
Other non-cash adjustments		12	(4)
Net change in operating assets and liabilities (Note 19)		(666)	(362)
Net cash provided by (used in) operating activities of continuing operations		776	481
Investing activities:
Additions to property, plant and mine development		(850)	(526)
Proceeds from asset and investment sales		35	181
Return of investment from equity method investees		25	0
Purchases of investments		(23)	(525)
Contributions to equity method investees		(15)	(41)
Proceeds from maturities of investments		0	557
Other		30	12
Net cash provided by (used in) investing activities		(798)	(342)
Financing activities:
Proceeds from issuance of debt, net		3,476	0
Repayment of debt		(3,423)	0
Dividends paid to common stockholders		(288)	(318)
Distributions to noncontrolling interests		(41)	(34)
Funding from noncontrolling interests		22	41
Payments on lease and other financing obligations		(18)	(16)
Payments for withholding of employee taxes related to stock-based compensation		(10)	(22)
Other		(17)	(1)
Net cash provided by (used in) financing activities		(299)	(350)
Effect of exchange rate changes on cash, cash equivalents and restricted cash		(3)	(8)
Net change in cash, cash equivalents and restricted cash, including cash and restricted cash reclassified to assets held for sale		(324)	(219)
Less: cash and restricted cash reclassified to assets held for sale	[1]	(395)	0
Net change in cash, cash equivalents and restricted cash		(719)	(219)
Cash, cash equivalents and restricted cash at beginning of period		3,100	2,944
Cash, cash equivalents and restricted cash at end of period		2,381	2,725
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents		2,336	2,657
Restricted cash included in Other current assets		6	1
Restricted cash included in Other non-current assets		39	67
Total cash, cash equivalents and restricted cash		$ 2,381	$ 2,725
[1] During the first quarter of 2024, certain non-core assets were determined to meet the criteria for assets held for sale. As a result, the related assets and liabilities, including $342 of Cash and cash equivalents and $53 of restricted cash, included in Other current assets and Other non-current assets , were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Refer to Note 5 for additional information.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - Discontinued Operations, Held-for-Sale - Portfolio Optimization Program $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)
Disposal group, including discontinued operation, cash and cash equivalents	$ 342
Disposal group, including discontinued operation, restricted cash and restricted cash equivalents	$ 53

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
Balance at beginning of period (in shares) at Dec. 31, 2022			799
Balance at beginning of period at Dec. 31, 2022		$ 19,533	$ 1,279	$ (239)	$ 17,369	$ 29	$ 916	$ 179
Beginning balance (in shares) at Dec. 31, 2022				(6)
Changes in Equity
Net income (loss)		363					351	12
Other comprehensive income (loss)		(6)				(6)
Dividends declared	[1]	(319)					(319)
Distributions declared to noncontrolling interests		(40)						(40)
Cash calls requested from noncontrolling interests		31						31
Withholding of employee taxes related to stock-based compensation (in shares)				(1)
Withholding of employee taxes related to stock-based compensation		(22)		$ (22)
Stock-based awards and related share issuances (in shares)			1
Stock-based awards and related share issuances		19	$ 2		17
Balance at end of period (in shares) at Mar. 31, 2023			800
Balance at end of period at Mar. 31, 2023		19,559	$ 1,281	$ (261)	17,386	23	948	182
Ending balance (in shares) at Mar. 31, 2023				(7)
Balance at beginning of period (in shares) at Dec. 31, 2023			1,159
Balance at beginning of period at Dec. 31, 2023		29,205	$ 1,854	$ (264)	30,419	14	(2,996)	178
Beginning balance (in shares) at Dec. 31, 2023				(7)
Changes in Equity
Net income (loss)		179					170	9
Other comprehensive income (loss)		(30)				(30)
Dividends declared	[2]	(285)					(285)
Distributions declared to noncontrolling interests		(35)						(35)
Cash calls requested from noncontrolling interests		33						33
Withholding of employee taxes related to stock-based compensation		(10)		$ (10)
Stock-based awards and related share issuances (in shares)			1
Stock-based awards and related share issuances		18	$ 1		17
Balance at end of period (in shares) at Mar. 31, 2024			1,160
Balance at end of period at Mar. 31, 2024		$ 29,075	$ 1,855	$ (274)	$ 30,436	$ (16)	$ (3,111)	$ 185
Ending balance (in shares) at Mar. 31, 2024				(7)
[1] Cash dividends paid per common share were $0.40 for the three months ended March 31, 2023. Cash dividends paid per common share were $0.25 for the three months ended March 31, 2024.

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Stockholders' Equity [Abstract]
Cash dividends declared per common share (in dollars per share)	$ 0.25	$ 0.40

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2024
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,” “we,” “us,” 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, 2023 filed on February 29, 2024 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. Newcrest Transaction On November 6, 2023, the Company completed its business combination transaction with Newcrest Mining Limited, a public Australian mining company limited by shares ("Newcrest"), whereby Newmont, through Newmont Overseas Holdings Pty Ltd, an Australian proprietary company limited by shares (“Newmont Sub”), acquired all of the ordinary shares of Newcrest in a fully stock transaction for total non-cash consideration of $13,549. Newcrest became a direct wholly owned subsidiary of Newmont Sub and an indirect wholly owned subsidiary of Newmont (such acquisition, the “Newcrest transaction”). The combined company continues to be traded on the New York Stock Exchange under the ticker NEM. The combined company is also listed on the Toronto Stock Exchange under the ticker NGT, on the Australian Securities Exchange under the ticker NEM, and on the Papua New Guinea Securities Exchange under the ticker NEM. Refer to Note 3 for further information. Noncontrolling Interests Net loss (income) attributable to noncontrolling interest is comprised of income of $9 and $12 for the three months ended March 31, 2024 and 2023, respectively, related to Suriname Gold project C.V. (“Merian”). 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.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Risks and Uncertainties As a global mining company, the Company’s revenue, profitability and future rate of growth are substantially dependent on prevailing metal prices, primarily for gold, but also for copper, silver, lead, and zinc. Historically, the commodity markets have been very volatile, and there can be no assurance that commodity prices will not be subject to wide fluctuations in the future. A substantial or extended decline in commodity prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, access to capital and on the quantities of reserves that the Company can economically produce. The carrying value of the Company’s Property, plant and mine development , net; Inventories; Stockpiles and ore on leach pads; Investments; certain Derivative assets ; Deferred income tax assets; and Goodwill are particularly sensitive to the outlook for commodity prices. A decline in the Company’s price outlook from current levels could result in material impairment charges related to these assets. Our global operations expose us to risks associated with public health crises, including epidemics and pandemics such as COVID-19, and geopolitical and macroeconomic pressures such as the Russian invasion of Ukraine. The Company continues to experience the impacts from recent geopolitical and macroeconomic pressures. With the resulting volatile environment, the Company continues to monitor inflationary conditions, the effects of certain countermeasures taken by central banks, and the potential for further supply chain disruptions as well as an uncertain and evolving labor market. The following factors could have further potential short- and, possibly, long-term material adverse impacts on the Company including, but not limited to, volatility in commodity prices and the prices for gold and other metals, changes in the equity and debt markets or country specific factors adversely impacting discount rates, significant cost inflation impacts on production, capital and asset retirement costs, logistical challenges, workforce interruptions and financial market disruptions, energy market disruptions, as well as potential impacts to estimated costs and timing of projects. Refer to Note 20 below for further information on risks and uncertainties that could have a potential impact on the Company as well as 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, 2023 filed with the SEC on February 29, 2024. 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. Assets Held for Sale We classify long-lived assets, or disposal groups comprising of assets and liabilities, as held for sale in the period in which the following six criteria are met, (i) management, having the authority to approve the action, commits to a plan to sell the property; (ii) the property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (iii) an active program to locate a buyer and other actions required to complete the plan to sell have been initiated; (iv) the sale of the property is probable and is expected to be completed within one year; (v) the property is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and (vi) actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. The Company ceases depreciation and amortization on long-lived assets (or disposal groups) classified as held for sale, and measures them at the lower of carrying value or estimated fair value less cost to sell. 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 Effects of Reference Rate Reform In March 2020, ASU No. 2020-04 was issued which provides optional guidance for a limited period of time to ease the potential burden on accounting for contract modifications caused by reference rate reform. In January 2021, ASU No. 2021-01 was issued which broadened the scope of ASU No. 2020-04 to include certain derivative instruments. In December 2022, ASU No. 2022-06 was issued which deferred the sunset date of ASU No. 2020-04. The guidance is effective for all entities as of March 12, 2020 through December 31, 2024. The guidance may be adopted over time as reference rate reform activities occur and should be applied on a prospective basis. The Company has completed its review of key contracts and does not expect the guidance to have a material impact to the consolidated financial statements or disclosures. The Company will continue to review new contracts to identify references to the LIBOR and implement adequate fallback provisions if not already implemented to mitigate the risks or impacts from the transition. Recently Issued Accounting Pronouncements and Securities and Exchange Commission Rules SEC Final Climate Rule In March 2024, the SEC issued a final rule that requires registrants to disclose climate-related information in their annual reports and in registration statements. In April 2024, the SEC chose to stay the newly adopted rulemaking pending judicial review of related consolidated Eighth Circuit petitions. If the stay is lifted, certain disclosures may be required in annual reports for the year ending December 31, 2025, filed in 2026. The Company is currently evaluating the impacts of the rules on its consolidated financial statements. Improvement to Income Tax Disclosures In December 2023, ASU 2023-09 was issued which requires disaggregated information about the effective tax rate reconciliation and additional information on taxes paid that meet a qualitative threshold. The new guidance is effective for annual reporting periods beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impacts of the guidance on its consolidated financial statements. Segments Reporting In November 2023, ASU 2023-07 was issued which improves disclosures about a public entity’s reportable segments and addresses requests from investors and other allocators of capital for additional, more detailed information about a reportable segment’s expenses. The ASU applies to all public entities that are required to report segment information in accordance with ASC 280 and is effective starting in annual periods beginning after December 15, 2023. The adoption is not expected to have a material impact on the Company's consolidated financial statements or disclosures.

BUSINESS ACQUISITION

BUSINESS ACQUISITION	3 Months Ended
	Mar. 31, 2024
Business Combinations [Abstract]
BUSINESS ACQUISITION	BUSINESS ACQUISITION On November 6, 2023 (the “acquisition date”), Newmont completed its business combination transaction with Newcrest, a public Australian mining company limited by shares, whereby Newmont, through Newmont Sub, acquired all of the ordinary shares of Newcrest, pursuant to a court-approved scheme of arrangement under Part 5.1 of the Australian Corporations Act 2001 (Cth) between Newcrest and its shareholders, as contemplated by a scheme implementation deed, dated as of May 15, 2023, by and among Newmont, Newmont Sub and Newcrest, as amended from time to time. Upon implementation, Newmont completed the business acquisition of Newcrest, in which Newmont was the acquirer and Newcrest became a direct wholly owned subsidiary of Newmont Sub and an indirect wholly owned subsidiary of Newmont (such acquisition, the “Newcrest transaction”). The acquisition of Newcrest increased the Company’s gold and other metal reserves and expanded the operating jurisdictions. The acquisition date fair value of the consideration transferred consisted of the following: (in millions, except share and per share data) Shares Per Share Purchase Consideration Stock Consideration Shares of Newmont exchanged for Newcrest outstanding ordinary shares 357,691,627 $ 37.88 $ 13,549 Total Purchase Price $ 13,549 The Company retained an independent appraiser to determine the fair value of assets acquired and liabilities assumed. In accordance with the acquisition method of accounting, the purchase price of Newcrest has been allocated to the acquired assets and assumed liabilities based on their estimated acquisition date fair values. The fair value estimates were based on income, market and cost valuation methods. The excess of the total consideration over the estimated fair value of the amounts initially assigned to the identifiable assets acquired and liabilities assumed has been recorded as goodwill, which is not deductible for income tax purposes. The goodwill balance is mainly attributable to: (i) the acquisition of existing operating mines with access to an assembled workforce that cannot be duplicated at the same costs by new entrants; (ii) operating synergies anticipated from the integration of the operations of Newmont and Newcrest; and (iii) the application of Newmont’s Full Potential program and potential strategic and financial benefits that include the increase in reserve base and opportunities to identify additional mineralization through exploration activities. As of March 31, 2024, the Company had not yet fully completed the analysis to assign fair values to all assets acquired and liabilities assumed, and therefore the purchase price allocation for Newcrest is preliminary. At March 31, 2024, remaining items to finalize include the fair value of materials and supplies inventories, property plant and mine development, goodwill, reclamation and remediation liabilities, employee-related benefits, unrecognized tax benefits, and deferred income tax assets and liabilities. The preliminary purchase price allocation will be subject to further refinement as the Company continues to implement Newmont accounting policies and refine its estimates and assumptions based on information available at the acquisition date. These refinements may result in material changes to the estimated fair value of assets acquired and liabilities assumed. The purchase price allocation adjustments can be made throughout the end of Newmont’s measurement period, which is not to exceed one year from the acquisition date. The following table summarizes the preliminary purchase price allocation for the Newcrest transaction as of March 31, 2024: ASSETS March 31, 2024 Cash and cash equivalents $ 668 Trade receivables 212 Inventories 722 Stockpiles and ore on leach pads 137 Derivative assets 42 Other current assets 194 Current assets 1,975 Property, plant and mine development, net (1) 13,509 Investments 990 Stockpiles and ore on leach pads 131 Deferred income tax assets (2) 179 Goodwill (3) 2,535 Derivative assets 362 Other non-current assets 93 Total assets 19,774 LIABILITIES Accounts payable 344 Employee-related benefits 143 Lease and other financing obligations 16 Debt 1,923 Other current liabilities 336 Current liabilities 2,762 Debt 1,373 Lease and other financing obligations 35 Reclamation and remediation liabilities 393 Deferred income tax liabilities (2) 1,429 Employee-related benefits 222 Other non-current liabilities 11 Total liabilities 6,225 Net assets acquired $ 13,549 ____________________________ (1) During the first quarter of 2024, measurement period adjustments of $326 increased Property, plant and mine development, net , from refinements to the preliminary valuation of the Canadian assets. (2) Deferred income tax assets and liabilities represent the future tax benefit or future tax expense associated with the differences between the preliminary fair value allocated to assets (excluding goodwill) and liabilities and a tax basis increase to the preliminary fair value of the assets acquired in Australia and the historical carryover tax basis of assets and liabilities in all other jurisdictions. No deferred tax liability is recognized for the basis difference inherent in the preliminary fair value allocated to goodwill. Current period adjustments resulted in deferred income tax assets decreasing by $10 and deferred income tax liabilities increasing by $98 during the quarter. (3) Preliminary goodwill is attributable to reportable segments as follows: $1,089 to Brucejack; $404 to Red Chris; $427 to Cadia; and $615 to Lihir. During the first quarter of 2024, the Company identified and recorded measurement period adjustments to the Company's preliminary purchase price allocation, as a result of additional analysis performed. These adjustments resulted in a reduction in Goodwill of $209. Sales and Net income (loss) attributable to Newmont stockholders in the Condensed Consolidated Statement of Operations includes Newcrest revenue of $992 and Newcrest net income (loss) of $224 for the three months ended March 31, 2024. Pro Forma Financial Information The following unaudited pro forma financial information presents consolidated results assuming the Newcrest transaction occurred on January 1, 2022. Three Months Ended Sales $ 3,862 Net income (loss) attributable to Newmont stockholders $ 593

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company regularly reviews its segment reporting for alignment with its strategic goals and operational structure as well as for evaluation of business performance and allocation of resources by Newmont’s Chief Operating Decision Maker ("CODM"). The reportable segments of the Company comprise each of its 17 mining operations that it manages, which includes its 70.0% proportionate interest in Red Chris, and its 38.5% proportionate interest in Nevada Gold Mines ("NGM") which it does not directly manage. 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. The Company's business activities and operating segments that are not considered reportable, including all equity method investments, are reported in Corporate and Other, which has been provided for reconciliation purposes. The financial information relating to the Company’s segments is as follows: 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 March 31, 2024 Brucejack (2) $ 72 $ 74 $ 35 $ — $ (37) $ 16 Red Chris (2) Gold 16 7 2 Copper 46 31 8 Total Red Chris 62 38 10 2 11 35 Peñasquito: Gold 92 38 15 Silver 201 111 44 Lead 60 36 14 Zinc 124 108 36 Total Peñasquito 477 293 109 2 62 32 Merian 155 90 19 4 39 18 Cerro Negro 153 63 30 5 51 46 Yanacocha 186 88 28 2 20 24 Boddington: Gold 299 144 26 Copper 77 48 9 Total Boddington 376 192 35 1 157 28 Tanami 188 82 25 8 82 85 Cadia: (2) Gold 248 74 28 Copper 167 67 27 Total Cadia 415 141 55 5 222 111 Lihir (2) 377 171 35 6 163 55 Ahafo 381 159 51 5 178 90 NGM 559 314 107 5 128 118 Corporate and Other — — 12 44 (562) 4 Held for sale (3) CC&V 59 40 3 1 (92) 5 Musselwhite 101 57 18 2 (59) 26 Porcupine 125 63 23 2 34 40 Éléonore 116 80 19 4 12 21 Telfer: (2) Gold 59 70 8 Copper 7 15 2 Total Telfer 66 85 10 4 (24) 10 Akyem 155 76 30 4 43 9 Consolidated $ 4,023 $ 2,106 $ 654 $ 106 $ 428 $ 773 ____________________________ (1) Includes a decrease in accrued capital expenditures of $77. Consolidated capital expenditures on a cash basis were $850. (2) Sites acquired through the Newcrest transaction. Refer to Note 3 for further information. (3) Refer to Note 5 for further information on held for sale. The Coffee development project disposal group is included in Corporate and other. 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 March 31, 2023 CC&V $ 91 $ 51 $ 7 $ 3 $ 27 $ 10 Musselwhite 83 58 19 1 6 14 Porcupine 123 70 29 4 15 22 Éléonore 129 75 27 1 26 14 Peñasquito: Gold 110 67 20 Silver 117 82 25 Lead 32 22 7 Zinc 117 86 24 Total Peñasquito 376 257 76 3 22 35 Merian 159 85 18 3 53 14 Cerro Negro 116 70 31 2 7 35 Yanacocha 100 56 16 3 — 63 Boddington: Gold 381 167 28 Copper 110 53 9 Total Boddington 491 220 37 2 233 37 Tanami 123 61 19 4 40 74 Ahafo 249 130 39 6 71 90 Akyem 148 63 29 3 49 10 NGM 491 286 106 7 85 84 Corporate and Other — — 8 41 (95) 6 Consolidated $ 2,679 $ 1,482 $ 461 $ 83 $ 539 $ 508 ____________________________ (1) Includes a decrease in accrued capital expenditures of $18; consolidated capital expenditures on a cash basis were $526.

ASSETS AND LIABILITIES HELD FOR

ASSETS AND LIABILITIES HELD FOR SALE	3 Months Ended
	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
ASSETS AND LIABILITIES HELD FOR SALE	ASSETS AND LIABILITIES HELD FOR SALE Based on a comprehensive review of the Company’s portfolio of assets, the Company’s Board of Directors approved a portfolio optimization program to divest six non-core assets and a development project in February 2024. The non-core assets to be divested include the CC&V, Musselwhite, Porcupine, Éléonore, Telfer, and Akyem reportable segments, and the Coffee development project which is included within Corporate and other. The Telfer disposal group also includes the Havieron development project, which is 70% owned by the Company and accounted for under proportionate consolidation, and other related assets. Based on progress made through the Company's active sales program and management’s expectation that the sale is probable and will be completed within 12 months, the Company concluded that these non-core assets and the development project met the accounting requirements to be presented as held for sale in February 2024. As of December 31, 2023, the aggregate net book value of the non-core assets and the development project was $3,419. Upon meeting the requirements to be presented as held for sale, the six non-core assets and the development project were recorded at the lower of the carrying value or fair value, less costs to sell, resulting in a write-down of $352 recognized for the three months ended March 31, 2024 within Loss on assets held for sale. As a result , the aggregate net book value of the non-core assets and the development project was $3,305 at March 31, 2024 . The write-down resulted in a tax impact of $133, resulting in a total loss of $485 recognized for the three months ended March 31, 2024 within Loss on assets held for sale. The estimated fair values were determined using the income approach and are considered a non-recurring level 3 fair value measurement. Significant inputs to the fair value measured included (i) cash flow information available to the Company, (ii) a short-term gold price of $2,175 per ounce, (iii) a long-term gold price of $1,700 per ounce, (iv) current estimates of reserves, resources, and exploration potential, and (v) a reporting unit specific discount rate in the range of 5.875% to 11.875%. Additional losses may be incurred as the Company continues its active sales program or as fair value estimates change. The following table presents the carrying value of the major classes of assets and liabilities held for sale by disposal group, prior to recognition of the write-down of $352, as of March 31, 2024: CC&V Musselwhite Porcupine Éléonore Telfer Akyem Coffee Project (1) Total Assets held for sale: Property, plant and mine development, net $ 82 $ 991 $ 1,366 $ 706 $ 380 $ 522 $ 321 $ 4,368 Other assets 459 38 132 162 327 521 1 1,640 Carrying value of assets held for sale $ 541 $ 1,029 $ 1,498 $ 868 $ 707 $ 1,043 $ 322 $ 6,008 Liabilities held for sale: Reclamation and remediation liabilities $ 279 $ 78 $ 543 $ 83 $ 207 $ 398 $ 3 $ 1,591 Other liabilities 36 253 209 58 127 74 3 760 Carrying value of liabilities held for sale $ 315 $ 331 $ 752 $ 141 $ 334 $ 472 $ 6 $ 2,351 ____________________________ (1) The Coffee Project is included in Corporate and other.

SALES

SALES	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 Brucejack (1) $ 49 $ 23 $ 72 Red Chris: (1) Gold — 16 16 Copper — 46 46 Total Red Chris — 62 62 Peñasquito: Gold — 92 92 Silver (2) — 201 201 Lead — 60 60 Zinc — 124 124 Total Peñasquito — 477 477 Merian 148 7 155 Cerro Negro 153 — 153 Yanacocha 186 — 186 Boddington: Gold 74 225 299 Copper — 77 77 Total Boddington 74 302 376 Tanami 188 — 188 Cadia: (1) Gold 33 215 248 Copper — 167 167 Total Cadia 33 382 415 Lihir (1) 377 — 377 Ahafo 381 — 381 NGM (3) 529 30 559 Held for sale (4) CC&V 59 — 59 Musselwhite 101 — 101 Porcupine 125 — 125 Éléonore 116 — 116 Telfer: (1) Gold 7 52 59 Copper — 7 7 Total Telfer 7 59 66 Akyem 155 — 155 Consolidated $ 2,681 $ 1,342 $ 4,023 ____________________________ (1) Sites acquired through the Newcrest transaction. Refer to Note 3 for further information. (2) Silver sales from concentrate includes $27 related to non-cash amortization of the silver streaming agreement liability. (3) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $530 for the three months ended March 31, 2024. (4) Refer to Note 5 for further information on held for sale. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended March 31, 2023 CC&V $ 91 $ — $ 91 Musselwhite 83 — 83 Porcupine 123 — 123 Éléonore 129 — 129 Peñasquito: Gold 15 95 110 Silver (1) — 117 117 Lead — 32 32 Zinc — 117 117 Total Peñasquito 15 361 376 Merian 159 — 159 Cerro Negro 116 — 116 Yanacocha 94 6 100 Boddington: Gold 93 288 381 Copper — 110 110 Total Boddington 93 398 491 Tanami 123 — 123 Ahafo 249 — 249 Akyem 148 — 148 NGM (2) 473 18 491 Consolidated $ 1,896 $ 783 $ 2,679 ____________________________ (1) Silver sales from concentrate includes $16 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 $481 for the three months ended March 31, 2023. Trade Receivables and Provisional Sales At March 31, 2024 and December 31, 2023, Trade receivables primarily consisted of sales from provisionally priced concentrate and other production. The impact to Sales from changes in pricing on provisional sales was an increase of $40 and $22 for the three months ended March 31, 2024 and 2023, respectively. At March 31, 2024, Newmont had the following provisionally priced concentrate sales subject to final pricing over the next several months: Provisionally Priced Sales Subject to Final Pricing (1) Average Provisional Gold (ounces, in thousands) 209 $ 2,222 Copper (pounds, in millions) 76 $ 3.99 Silver (ounces, in millions) 5 $ 24.82 Lead (pounds, in millions) 46 $ 0.92 Zinc (pounds, in millions) 87 $ 1.10 Molybdenum (pounds, in millions) (2) 1 $ 19.81 ____________________________ (1) Includes provisionally priced by-product sales subject to final pricing, which are recognized in Costs applicable to sales. (2) Molybdenum is a by-product at the Cadia site and is recognized as a reduction to Costs applicable to sales .

RECLAMATION AND REMEDIATION

RECLAMATION AND REMEDIATION	3 Months Ended
	Mar. 31, 2024
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 2024 2023 Reclamation adjustments and other $ 3 $ 2 Reclamation accretion 85 60 Reclamation expense 88 62 Remediation adjustments and other 8 2 Remediation accretion 2 2 Remediation expense 10 4 Reclamation and remediation $ 98 $ 66 The following are reconciliations of Reclamation and remediation liabilities : Reclamation Remediation 2024 2023 2024 2023 Balance at January 1, (1) $ 8,385 $ 6,731 $ 401 $ 373 Additions, changes in estimates, and other — — 5 — Payments, net (53) (41) (6) (5) Accretion expense 85 60 2 2 Reclassification to Current liabilities held for sale (2) (1,571) — (20) — Balance at March 31, $ 6,846 $ 6,750 $ 382 $ 370 ___________________________ (1) The Newcrest transaction occurred on November 6, 2023, resulting in an increase in the beginning balance at January 1, 2024, as compared to the beginning balance at January 1, 2023. Refer to Note 3 for further information. (2) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for assets held for sale. As a result, the related assets and liabilities, including Reclamation and remediation liabilities , were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Refer to Note 5 for additional information. At March 31, 2024 At December 31, 2023 Reclamation Remediation Total Reclamation Remediation Total Current (1) $ 510 $ 66 $ 576 $ 558 $ 61 $ 619 Non-current (2) 6,336 316 6,652 7,827 340 8,167 Total (3) $ 6,846 $ 382 $ 7,228 $ 8,385 $ 401 $ 8,786 ____________________________ (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 include $4,808 and $4,804 related to Yanacocha at March 31, 2024 and December 31, 2023, 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. 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 Current assets held for sale at March 31, 2024 is $53 of restricted cash held for purposes of settling reclamation and remediation obligations at Akyem. Included in Other non-current assets at March 31, 2024 and December 31, 2023 are $32 and $81, respectively, of non-current restricted cash held for purposes of settling reclamation and remediation obligations. The amounts at March 31, 2024 primarily relate to Ahafo and Midnite Mine, included in Corporate and other. The amounts at December 31, 2023 primarily relate to Ahafo and Akyem. Included in Other non-current assets at March 31, 2024 and December 31, 2023 are $20 and $21, respectively, of non-current restricted investments, which are legally pledged for purposes of settling reclamation and remediation obligations. The amounts at March 31, 2024 and December 31, 2023 primarily relate to San Jose Reservoir at Yanacocha. Refer to Note 20 for further discussion of reclamation and remediation matters.

OTHER EXPENSE, NET

OTHER EXPENSE, NET	3 Months Ended
	Mar. 31, 2024
Operating Costs and Expenses [Abstract]
OTHER EXPENSE, NET	OTHER EXPENSE, NET Three Months Ended 2024 2023 Newcrest transaction and integration costs (1) $ 29 $ — Settlement costs 21 — Impairment charges 12 4 Restructuring and severance 6 2 Other 5 2 Other expense, net $ 73 $ 8 ____________________________ (1) Represents costs incurred related to the Newcrest Transaction. Refer to Note 3 for further information.

OTHER INCOME (LOSS), NET

OTHER INCOME (LOSS), NET	3 Months Ended
	Mar. 31, 2024
Other Income, Nonoperating [Abstract]
OTHER INCOME (LOSS), NET	OTHER INCOME (LOSS), NET Three Months Ended 2024 2023 Interest income $ 39 $ 36 Change in fair value of investments 31 41 Foreign currency exchange, net 28 (11) Insurance proceeds (1) 10 — Gain (loss) on asset and investment sales, net (2) 9 36 Other 4 (3) Other income (loss), net $ 121 $ 99 ____________________________ (1) For the three months ended March 31, 2024, primarily consists of insurance proceeds received of $10 related to a conveyor failure at Ahafo. (2) For the three months ended March 31, 2024, primarily consists of the gain recognized on the purchase and sale of foreign currency bonds. For the three months ended March 31, 2023, primarily consists of the gain recognized on the exchange of the previously held 28.5% investment in Maverix Metals, Inc. ("Maverix") for 7.5% ownership interest in Triple Flag Precious Metals Corporation ("Triple Flag") resulting from Triple Flag's acquisition of all issued and outstanding common shares of Maverix in January 2023, partially offset by the loss on the sale of the Triple Flag investment in March 2023, resulting in a net gain of $36.

INCOME AND MINING TAXES

INCOME AND MINING TAXES	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 2023 Income (loss) before income and mining tax and other items $ 428 $ 539 U.S. Federal statutory tax rate 21 % 90 21 % 113 Reconciling items: Change in valuation allowance on deferred tax assets (15) (65) 2 9 Foreign rate differential 15 63 8 43 Mining and other taxes (net of associated federal benefit) 10 43 5 29 Tax impact of foreign exchange 7 30 3 18 Akyem recognition of DTL for assets held for sale 27 117 — — Other (4) (18) 1 1 Income and mining tax expense (benefit) 61 % $ 260 40 % $ 213 ____________________________ (1) Tax rates may not recalculate due to rounding.

FAIR VALUE ACCOUNTING

FAIR VALUE ACCOUNTING	3 Months Ended
	Mar. 31, 2024
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 (at least annually) or nonrecurring basis 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 13 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, 2023 filed with the SEC on February 29, 2024 for further information on the Company's assets and liabilities included in the fair value hierarchy presented below. Fair Value at March 31, 2024 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 2,336 $ 2,336 $ — $ — Restricted cash 45 45 — — Trade receivables from provisional concentrate sales, net 763 — 763 — Assets held for sale (Note 5) (1) 1,541 — — 1,541 Marketable and other equity securities (Note 13) 278 269 9 — Restricted marketable debt securities (Note 13) 20 20 — — Derivative assets (Note 12) 526 — 1 525 $ 5,509 $ 2,670 $ 773 $ 2,066 Liabilities: Debt (2) $ 8,891 $ — $ 8,891 $ — Derivative liabilities (Note 12) 5 — — 5 $ 8,896 $ — $ 8,891 $ 5 Fair Value at December 31, 2023 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 3,002 $ 3,002 $ — $ — Restricted cash 98 98 — — Trade receivables from provisional concentrate sales, net 734 — 734 — Long-lived assets 22 — — 22 Marketable and other equity securities (Note 13) 252 243 9 — Restricted marketable debt securities (Note 13) 21 21 — — Derivative assets (Note 12) (3) 642 — 7 635 $ 4,771 $ 3,364 $ 750 $ 657 Liabilities: Debt (2) $ 8,975 $ — $ 8,975 $ — Derivative liabilities (Note 12) (3) 5 — — 5 $ 8,980 $ — $ 8,975 $ 5 ____________________________ (1) The aggregate fair value of net assets held for sale subject to fair value remeasurement was $888 at March 31, 2024. (2) Debt is carried at amortized cost. The outstanding carrying value was $8,933 and $8,874 at March 31, 2024 and December 31, 2023, respectively. Refer to Note 16 for further information. The fair value measurement of debt was based on an independent third party pricing source. (3) Derivative assets and liabilities include amounts for contingent consideration assets and liabilities, which were separately disclosed in prior filings. The Company's assets held for sale consist of the six non-core assets and development project that met the accounting requirements to be presented as Held for Sale in the first quarter of 2024. The assets are classified as non-recurring within Level 3 of the fair value hierarchy. Refer to Note 5 for further 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 March 31, 2024 and December 31, 2023: Description At March 31, 2024 Valuation Technique Significant Input Range, Point Estimate or Average Weighted Average Discount Rate Assets held for sale $ 1,541 Income-based approach Various (1) Various (1) Various (1) Derivative assets: Derivative assets, not designated for hedging (2) $ 270 Discounted cash flow Forward gold prices (per ounce) $1,860 - $2,771 10.50 % Hedging instruments (2) $ 116 Discounted cash flow Forward electricity prices A$43 - A$321 6.42 % Contingent consideration assets $ 139 Monte Carlo (3) Discount rate 8.04% - 26.43% 11.52 % Derivative liabilities $ 5 Discounted cash flow Discount rate 4.82% - 6.15% 5.62 % Description At December 31, 2023 Valuation Technique Significant Input Range, Point Estimate or Average Weighted Average Discount Rate Long-lived assets $ 22 Market-multiple Various (4) Various (4) Various (4) Derivative assets: Derivative assets, not designated for hedging (2) $ 424 Discounted cash flow Discount rate 6.28% - 10.50% 9.03 % Contingent consideration assets $ 211 Monte Carlo (3) Discount rate 8.04% - 26.43% 11.18 % Derivative liabilities $ 5 Discounted cash flow Discount rate 4.91% - 6.15% 5.65 % ____________________________ (1) Refer to Note 5 for information on the assumptions and inputs specific to the non-recurring fair value measurements performed in connection with assets held for sale. (2) The Stream Credit Facility Agreement and the Cadia Power Purchase Agreement, acquired as part of the Newcrest transaction, were not designated in a hedging relationship at December 31, 2023. At January 1, 2024, the Company designated the Cadia Power Purchase Agreement for hedge accounting. As such, the Cadia Power Purchase Agreement is captured in Hedging instruments at March 31, 2024. Refer to Note 12 for further information. (3) A Monte Carlo valuation model is used for the fair value measurement of the Batu Hijau contingent consideration asset. All other contingent consideration assets are valued using a probability-weighted discounted cash flow model. (4) At December 31, 2023, the Company recognized its proportionate share of the non-cash impairment charge on long-lived assets at NGM, which resulted in a remaining long-lived asset balance of $22. The estimated fair value was based on observable market values for comparable assets expressed as dollar per ounce of mineral resources and was considered a non-recurring level 3 fair value measurement. The following tables set forth a summary of changes in the fair value of the Company’s recurring Level 3 financial assets and liabilities: Derivative Assets (1) Total Assets Derivative Liabilities Total Liabilities Fair value at December 31, 2023 $ 635 $ 635 $ 5 $ 5 Settlements/Reclassifications (2) (76) (76) — — Revaluation (34) (34) — — Fair value at March 31, 2024 $ 525 $ 525 $ 5 $ 5 Derivative Assets (1) Total Assets Derivative Liabilities (3) Total Liabilities Fair value at December 31, 2022 $ 188 $ 188 $ 3 $ 3 Revaluation (1) (1) 2 2 Fair value at March 31, 2023 $ 187 $ 187 $ 5 $ 5 ____________________________ (1) In 2024, the (loss) gain recognized on revaluation of derivative assets of $(6), $(32) and $4 is included in Other income (loss), net , Other comprehensive income (loss) , and Net income (loss) from discontinued operations , respectively. In 2023, the (loss) gain recognized on revaluation derivative assets of $(7) and $6 is included in Other income (loss), net and Net income (loss) from discontinued operations , respectively.

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	3 Months Ended
	Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS At March 31, At December 31, Current derivative assets: Derivative assets, not designated for hedging (1) $ 49 $ 115 Contingent consideration assets 63 76 Hedging instruments (1) 2 7 $ 114 $ 198 Non-current derivative assets: Derivative assets, not designated for hedging (1) $ 221 $ 309 Contingent consideration assets 76 135 Hedging instruments (1) 115 — $ 412 $ 444 Current derivative liabilities: (2) Contingent consideration liabilities $ 3 $ 3 $ 3 $ 3 Non-current derivative liabilities: (3) Contingent consideration liabilities $ 5 $ 5 $ 5 $ 5 ____________________________ (1) The Stream Credit Facility Agreement and the Cadia Power Purchase Agreement, acquired as part of the Newcrest transaction, were not designated in a hedging relationship at December 31, 2023. At January 1, 2024, the Company designated the Cadia Power Purchase Agreement for hedge accounting. As a result, the Cadia Power Purchase Agreement is captured in Hedging instruments at March 31, 2024. See below for further information. (2) Included in Other current liabilities in the Company’s Condensed Consolidated Balance Sheets. (3) Included in Other non-current liabilities in the Company’s Condensed Consolidated Balance Sheets. Derivative Assets, Not Designated for Hedging Derivatives, not designated for hedging, consisted of the Stream Credit Facility Agreement at March 31, 2024. Stream Credit Facility Agreement ("SCFA") The SCFA was a non-revolving credit facility in relation to the Fruta del Norte mine, which is wholly owned and operated by Lundin Gold Inc. ("Lundin Gold") in which the Company holds a 31.9% equity interest (refer to Note 13 for further information). The SCFA is a financial instrument that meets the definition of a derivative and is accounted for at fair value using a probability weighted discounted cash flow model, but is not designated for hedge accounting under ASC 815. The SCFA has a face value of $150 to be repaid in cash based on the Fruta del Norte mine's gold and silver production. The SCFA has a stated interest rate of 7.5%. Repayments in excess of the principal and stated interest rate amount are recognized in Other income (loss), net in the Company's Condensed Consolidated Statement of Operations. The fair value of the SCFA was $270 at March 31, 2024, of which $49 was recognized in the current portion of Derivative assets and $221 was recognized in non-current Derivative assets in the Company’s Condensed Consolidated Balance Sheets. The fair value of the SCFA was $276 at December 31, 2023, of which $113 was recognized in the current portion of Derivative assets and $163 was recognized in non-current Derivative assets in the Company’s Condensed Consolidated Balance Sheets. In April 2024, Lundin Gold entered into a binding agreement with the Company to repurchase the SCFA and settle the rights under the Offtake agreement. Refer to Note 13 for further information on the Offtake agreement. Under the terms of the binding agreement, Lundin Gold has agreed to pay cash consideration of $330 for full settlement of the SCFA and revocation of the Offtake agreement. The cash consideration will be paid in two installments with final payment to occur in the third quarter of 2024. Hedging Instruments Hedging instruments consisted of the Cadia Power Purchase Agreement and foreign currency cash flow hedges at March 31, 2024. Cadia Power Purchase Agreement ("Cadia PPA") The Cadia PPA is a 15-year renewable power purchase agreement acquired by the Company through the Newcrest transaction. The Cadia PPA will partially hedge against future power price increases at the Cadia mine and will provide the Company with access to large scale generation certificates which the Company intends to surrender to achieve a reduction in its greenhouse gas emissions. At December 31, 2023, the Cadia PPA was a financial instrument that met the definition of a derivative under ASC 815 and was accounted for at fair value using a probability weighted discounted cash flow model, but was not designated for hedging. At January 1, 2024, the Company designated the Cadia PPA in a cash flow hedging relationship to mitigate the variability in cash flows related to approximately 40 percent of forecasted purchases of power at the Cadia mine for a 15 year period from the Cadia PPA's commercial operations date, which is expected in the third quarter of 2024. To minimize credit risk, the Company only enters into transactions with counterparties that meet certain credit requirements and periodically reviews the creditworthiness of these counterparties. The Company believes that the risk of counterparty default is low and its exposure to credit risk is minimal. The unrealized changes in fair value have been recorded in Accumulated other comprehensive income (loss) and will be reclassified to income during the period in which the hedged transaction affects earnings and is presented in the same income statement line item as the earnings effect of the hedged item. If the underlying hedge transaction becomes probable of not occurring, the related amounts in Accumulated other comprehensive income (loss) will be reclassified to earnings immediately. For the Cadia PPA cash flow hedge, amounts recorded in Accumulated other comprehensive income (loss) will be reclassified to earnings through Costs applicable to sales each period in which electricity is purchased beginning the commercial operations date. Foreign currency cash flow hedges In October 2022, the Company entered into A$574 of AUD-denominated fixed forward contracts to mitigate variability in the USD functional cash flows related to the AUD-denominated capital expenditures expected to be incurred in 2023 and 2024 during the construction and development phase of the Tanami Expansion 2 project. The fixed forward contracts were transacted for risk management purposes. The Company has designated the fixed forward contracts as foreign currency cash flow hedges against the forecasted AUD-denominated Tanami Expansion 2 capital expenditures. To minimize credit risk, the Company only enters into transactions with counterparties that meet certain credit requirements and periodically reviews the creditworthiness of these counterparties. The Company believes that the risk of counterparty default is low and its exposure to credit risk is minimal. The unrealized changes in fair value have been recorded in Accumulated other comprehensive income (loss) and are reclassified to income during the period in which the hedged transaction affects earnings and is presented in the same income statement line item as the earnings effect of the hedged item. If the underlying hedge transaction becomes probable of not occurring, the related amounts will be reclassified to earnings immediately. For the foreign currency cash flow hedges related to the Tanami Expansion 2 project, amounts recorded in Accumulated other comprehensive income (loss) will be reclassified to earnings through Depreciation and amortization after the project reaches commercial production. The following table provides the fair value of the Company’s derivative instruments designated as cash flow hedges: At March 31, At December 31, Current hedging instruments: (1) Cadia PPA cash flow hedge (2) $ 1 $ — Foreign currency cash flow hedges 1 7 $ 2 $ 7 Non-current hedging instruments: (3) Cadia PPA cash flow hedge (2) $ 115 $ — $ 115 $ — ____________________________ (1) Included in the current portion of Derivative assets in the Company’s Consolidated Balance Sheets. (2) At January 1, 2024, the Company designated the Cadia Power Purchase Agreement for hedge accounting. As a result, the Cadia PPA is captured in Derivative instruments, not designated for hedging at December 31, 2023. See above for further information. (3) Included in non-current portion of Derivative assets in the Company’s Consolidated Balance Sheets. The following table provides the losses (gains) recognized in earnings related to the Company's derivative instruments: Three Months Ended 2024 2023 Loss (gain) on cash flow hedges: Interest rate contracts (1) $ 1 $ 1 $ 1 $ 1 ____________________________ (1) Interest rate contracts relate to swaps entered into, and subsequently settled, associated with the issuance of the 2022 Senior Notes, 2035 Senior Notes, 2039 Senior Notes, and 2042 Senior Notes. The related gains and losses are reclassified from Accumulated Other Comprehensive Income (Loss) and amortized to Interest expense, net over the term of the respective hedged notes. Contingent Consideration Assets and Liabilities Contingent consideration assets and liabilities are comprised of contingent consideration to be received or paid by the Company in conjunction with various sales of assets and investments with future payment contingent upon meeting certain milestones. These contingent consideration assets and liabilities are accounted for at fair value and consist of financial instruments that meet the definition of a derivative but are not designated for hedge accounting under ASC 815. Refer to Note 11 for further information regarding the fair value of the contingent consideration assets and liabilities. The Company had the following contingent consideration assets and liabilities: At March 31, At December 31, Contingent consideration assets: Batu Hijau and Elang (1) $ 89 $ 161 Red Lake (2) 39 39 Cerro Blanco (2) 6 6 Triple Flag (2) 4 4 Other (2) 1 1 $ 139 $ 211 Contingent consideration liabilities: Norte Abierto (3) $ 3 $ 3 Red Chris (4) 3 3 Galore Creek (3) 2 2 $ 8 $ 8 ____________________________ (1) Contingent consideration related to the sale of PT Newmont Nusa Tenggara in 2016. At March 31, 2024, $63 is included in the current portion of Derivative assets and $26 is included in the non-current portion of Derivative assets in the Company’s Condensed Consolidated Balance Sheets. At December 31, 2023, $76 is included in the current portion of Derivative assets and $85 is included in the non-current portion of Derivative assets in the Company’s Condensed Consolidated Balance Sheets. (2) Included in the non-current portion of Derivative assets in the Company’s Condensed Consolidated Balance Sheets. (3) Included in Other non-current liabilities in the Company’s Condensed Consolidated Balance Sheets. (4) Acquired through the Newcrest transaction and is included in Other current liabilities in the Company’s Condensed Consolidated Balance Sheets.

INVESTMENTS

INVESTMENTS	3 Months Ended
	Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]
INVESTMENTS	INVESTMENTS At March 31, At December 31, Current investments: Marketable equity securities $ 23 $ 23 Non-current investments: Marketable and other equity securities $ 255 $ 229 Equity method investments: Pueblo Viejo Mine (40.0%) $ 1,471 $ 1,489 NuevaUnión Project (50.0%) 958 959 Lundin Gold Inc. (31.9% and 32.0%, respectively) 925 938 Norte Abierto Project (50.0%) 529 528 3,883 3,914 $ 4,138 $ 4,143 Non-current restricted investments: (1) Marketable debt securities $ 20 $ 21 ____________________________ (1) 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 7 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 primarily consists of income from Pueblo Viejo. Income from Pueblo Viejo, recognized in Equity income (loss) of affiliates, consisted of $18 and $21, for the three months ended March 31, 2024 and 2023, respectively. Pueblo Viejo As of March 31, 2024 and December 31, 2023, the Company had outstanding shareholder loans to Pueblo Viejo of $420 and $429, with accrued interest of $12 and $14, 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 March 31, 2024. 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 $122 and $117 for the three months ended March 31, 2024 and March 31, 2023, 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 from Pueblo Viejo for gold and silver purchases as of March 31, 2024 or December 31, 2023. Lundin Gold Inc. Lundin Gold was acquired as part of the Newcrest transaction on November 6, 2023 and is accounted for on a quarterly lag. The Company has the right to purchase 50% of gold produced from Lundin Gold at a price determined based on delivery dates and a defined quotational period and resells the ounces purchased to third parties under an offtake agreement acquired through the Newcrest transaction (the "Offtake agreement"). Total payments made to Lundin Gold under the Offtake agreement for gold purchased was $80 for the three months ended March 31, 2024. These purchases, net of subsequent sales, are included in Other income (loss), net and the net amount is immaterial. There was $— and $13 payable due to Lundin Gold for gold purchases as of March 31, 2024 and December 31, 2023, respectively. In April 2024, the Company entered into a binding agreement with Lundin Gold for the repurchase of the SCFA and the Offtake agreement. Refer to Note 12 for further information.

INVENTORIES

INVENTORIES	3 Months Ended
	Mar. 31, 2024
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES At March 31, At December 31, Materials and supplies $ 1,078 $ 1,247 In-process 124 160 Concentrate 98 134 Precious metals 85 122 Inventories (1) $ 1,385 $ 1,663 ___________________________ (1) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for held for sale. As a result, the related assets, including Inventories of $305, and liabilities were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Refer to Note 5 for additional information. At March 31, 2024 (1) At December 31, 2023 Stockpiles Ore on Leach Pads Total Stockpiles Ore on Leach Pads Total Current $ 566 $ 179 $ 745 $ 746 $ 233 $ 979 Non-current 1,692 145 1,837 1,532 403 1,935 Total $ 2,258 $ 324 $ 2,582 $ 2,278 $ 636 $ 2,914 ___________________________ (1) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for held for sale. As a result, the related assets, including Stockpiles and ore on leach pads of $545, and liabilities were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Refer to Note 5 for additional information.

STOCKPILES AND ORE ON LEACH PAD

STOCKPILES AND ORE ON LEACH PADS	3 Months Ended
	Mar. 31, 2024
STOCKPILES AND ORE ON LEACH PADS
STOCKPILES AND ORE ON LEACH PADS	INVENTORIES At March 31, At December 31, Materials and supplies $ 1,078 $ 1,247 In-process 124 160 Concentrate 98 134 Precious metals 85 122 Inventories (1) $ 1,385 $ 1,663 ___________________________ (1) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for held for sale. As a result, the related assets, including Inventories of $305, and liabilities were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Refer to Note 5 for additional information. At March 31, 2024 (1) At December 31, 2023 Stockpiles Ore on Leach Pads Total Stockpiles Ore on Leach Pads Total Current $ 566 $ 179 $ 745 $ 746 $ 233 $ 979 Non-current 1,692 145 1,837 1,532 403 1,935 Total $ 2,258 $ 324 $ 2,582 $ 2,278 $ 636 $ 2,914 ___________________________ (1) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for held for sale. As a result, the related assets, including Stockpiles and ore on leach pads of $545, and liabilities were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Refer to Note 5 for additional information.

DEBT

DEBT	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
DEBT	DEBT Scheduled minimum debt repayments are as follows: At March 31, Year Ending December 31, 2024 (for the remainder of 2024) $ — 2025 — 2026 1,000 2027 — 2028 — Thereafter 8,274 Total face value of debt 9,274 Unamortized premiums, discounts, and issuance costs (341) Debt $ 8,933 In connection with the Newcrest transaction, the Company acquired bilateral bank debt facilities held with 13 banks. The bilateral bank debt facilities had a total borrowing capacity of $2,000, of which $1,923 was outstanding as at December 31, 2023, and $462 due February 7, 2024, $769 due March 1, 2024, and $692 due March 1, 2026. On February 7, 2024, the Company repaid the borrowing capacity of $462. On February 15, 2024, the Company completed an amendment and restatement of its existing $3,000 revolving credit agreement dated as of April 4, 2019 (the “Existing Credit Agreement”). The Existing Credit Agreement was entered into with a syndicate of financial institutions and provided for borrowings in U.S. dollars and contained a letter of credit sub-facility. Per the amendment, the expiration date of the credit facility was extended from March 30, 2026 to February 15, 2029 and the borrowing capacity was increased to $4,000. Interest is based on Term SOFR plus a credit spread adjustment and margin. Facility fees vary based on the credit ratings of the Company’s senior, uncollateralized, non-current debt. Debt covenants under the amendment are substantially the same as the Existing Credit Agreement. On February 20, 2024, the Company utilized its $4,000 revolving credit agreement to repay the remaining $1,461 owed on the bilateral bank debt facilities. On March 7, 2024, the Company issued $2,000 unsecured Senior Notes comprised of $1,000 due March 15, 2026 (“2026 Senior Notes”) and $1,000 due March 15, 2034 ("2034 Senior Notes"). Net proceeds from the 2026 and 2034 Senior Notes were $1,980. Interest will be paid semi-annually at a rate of 5.30% and 5.35% per annum for the 2026 and the 2034 Senior Notes, respectively. The proceeds from this issuance were used to repay the drawdown on the revolving credit facility resulting in no amounts outstanding on the revolving credit facility as of March 31, 2024.

OTHER LIABILITIES

OTHER LIABILITIES	3 Months Ended
	Mar. 31, 2024
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES	OTHER LIABILITIES At March 31, At December 31, Other current liabilities: Reclamation and remediation liabilities $ 576 $ 619 Accrued operating costs (1) 442 473 Accrued capital expenditures 212 320 Payables to NGM (2) 77 91 Stamp duty on Newcrest transaction (3) 29 316 Other (4) 448 543 $ 1,784 $ 2,362 Other non-current liabilities: Income and mining taxes (5) $ 175 $ 177 Other (6) 125 139 $ 300 $ 316 _________________________ (1) Includes an estimated compensation payment to the Worsley JV related to the waiver of certain rights within the cross-operation agreement that confers priority to the bauxite operations at the Boddington mine. (2) Primarily consists of amounts due to 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 included in Other current assets. (3) Incurred as a result of the Newcrest transaction. In the first quarter of 2024, $291 was paid. Refer to Note 3 for further information on the Newcrest transaction. (4) Primarily consists of accrued interest on debt, accrued royalties and the current portion of the silver streaming agreement liability. (5) Primarily consists of unrecognized tax benefits, including penalties and interest. (6) Primarily consists of operating lease liabilities.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​	3 Months Ended
	Mar. 31, 2024
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Unrealized Gain (Loss) on Marketable Debt Securities Foreign Currency Translation Adjustments Pension and Other Post-retirement Benefit Adjustments Unrealized Gain (Loss) on Hedge Instruments Total Balance at December 31, 2023 $ (1) $ 121 $ (36) $ (70) $ 14 Net current-period other comprehensive income (loss): Gain (loss) in other comprehensive income (loss) before reclassifications — 5 — (36) (31) (Gain) loss reclassified from accumulated other comprehensive income (loss) — — — 1 1 Other comprehensive income (loss) — 5 — (35) (30) Balance at March 31, 2024 $ (1) $ 126 $ (36) $ (105) $ (16)

NET CHANGE IN OPERATING ASSETS

NET CHANGE IN OPERATING ASSETS AND LIABILITIES	3 Months Ended
	Mar. 31, 2024
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: Three Months Ended 2024 (1) 2023 Decrease (increase) in operating assets: Trade and other receivables $ (84) $ (25) Inventories, stockpiles and ore on leach pads (193) (171) Other assets (7) 19 Increase (decrease) in operating liabilities: Accounts payable (91) 19 Reclamation and remediation liabilities (59) (46) Accrued tax liabilities 90 1 Other accrued liabilities (2) (322) (159) Net change in operating assets and liabilities $ (666) $ (362) ___________________________ (1) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for assets held for sale. As a result, the related assets and liabilities were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Amounts herein reflect the net change in the related operating assets and liabilities prior to being reclassified as held for sale. Refer to Note 5 for additional information. (2) For the three months ended March 31, 2024, primarily consists of payment of $291 for stamp duty tax largely accrued in the fourth quarter of 2023 in connection with the Newcrest transaction.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2024
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 4. 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 Yanacocha reportable segment. The Newmont Ghana Gold and Newmont Golden Ridge matters relate to the Ahafo and Akyem reportable segments, respectively. The CC&V matter relates to the CC&V reportable segment. The Goldcorp Canada matter relates to the Porcupine reportable segment. The Cadia matter relates to the Cadia reportable segment. Environmental Matters Refer to Note 7 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, 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. 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 to 2027. In June 2023, Yanacocha received approval of its updated compliance plan from MINEM and was granted an extension to June 2026 to achieve compliance. The Company appealed this approval to the Mining Council requesting the regulatory extension until 2027, and in April 2024, MINEM approved the compliance schedule. 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 current asset retirement obligation includes plans for the construction and post-closure management of two new water treatment plants 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). The ultimate construction costs of the two water treatment plants remain uncertain as ongoing study work and assessment of opportunities that incorporates the latest design considerations remain in progress. These and other additional risks and contingencies that are the subject of ongoing studies, 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, could result in future material increases to the reclamation obligation at Yanacocha. 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 permit updates contained new water quality limits. The Settlement Agreement involves the 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. In 2022, the Company studied various interim passive water treatment options, reported the study results to the Division, and based on an evaluation of additional semi-passive options that involve the usage of power at the portal, updated the remediation liability to $20 in 2022. CC&V continues to study alternative long-term remediation plans for water discharged from the Carlton Tunnel, and as such, a compliance extension request was submitted in July 2023 to allow additional time for proper assessment of treatment alternatives. The Company is also working with regulators on the Discharger Specific Variance to identify highest feasible alternative treatment in the context, based on limits such as area topography. Depending on the 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 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 approved the WTP design in 2021. Construction of the effluent pipeline began in 2021, and construction of the new WTP began in 2022. Both projects are scheduled to be completed in 2024. The Dawn mill site is regulated by the Washington Department of Health (the "WDOH") 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 consist primarily of finalizing an Alternative Concentration Limit application (the "ACL application") submitted in 2020 to the WDOH to address groundwater issues, and also evaporating the remaining balance of process water at the site. In the fourth quarter of 2022, the WDOH provided comments on the ACL application, which Newmont is evaluating and conducting studies to better understand and respond to the comments provided by the WDOH. These studies and the related comment process will extend beyond the current year and could result in future material increases to the remediation obligation. The remediation liability for the Midnite mine site and Dawn mill site is approximately $210, assumed 100% by Newmont, at March 31, 2024. Goldcorp Canada Ltd. - 100% Newmont Owned Porcupine mine site. The Porcupine complex is comprised of active open pit and underground mining operations as well as inactive, legacy sites from its extensive history of mining gold in and around the city of Timmins, Ontario since the early 1900s. As a result of these primarily historic mining activities, there are mine hazards in the area that could require some form of reclamation. The Company is conducting studies to better catalog, prioritize, and update its existing information of these historical mine hazards, to inform its closure plans and estimated closure costs. Based on work performed during 2023, a $46 reclamation adjustment was recorded at December 31, 2023, however, on-going studies will extend beyond the current year and could result in future material increases to the reclamation obligation at Porcupine. Cadia Holdings Pty Ltd. - 100% Newmont Owned Cadia mine site. Cadia Holdings Pty Ltd. (“Cadia Holdings”) is a wholly owned subsidiary of Newcrest, which was acquired by Newmont in November 2023. The mine site is subject to regulations by the New South Wales Environment Protection Authority (the “NSW EPA”). During the quarter ended June 2023, the NSW EPA issued variations to its Environment Protection License (“EPL”), a Prevention Notice and Notices to Provide Information regarding the management of, and investigation into potential breaches relating to, dust emissions and other air pollutants from Cadia Holdings’ tailings storage facilities and ventilation rises. The license variations largely formalized the actions Cadia Holdings had developed in consultation with the NSW EPA and was already undertaking across a range of measures. Cadia Holdings received a letter from the NSW EPA in June 2023 requiring it to immediately comply with specific statutory requirements and EPL conditions. Adjustments were implemented underground, including a reduction in mining rates, modifications to the ventilation circuit and the installation of additional dust sprays and spray curtains. Additional dust collection units were subsequently installed enabling normal mining rates to be restored. In August 2023, the NSW EPA commenced proceedings in the Land and Environment Court of NSW (the “NSW Land and Environment Court”) against Cadia Holdings, alleging that air emissions from Cadia on or about March 1, 2022 exceeded the standard of concentration for total solid particles permitted under applicable laws due to the use of surface exhaust fans at the mine. On September 29, 2023, Cadia Holdings entered a plea of guilty and the NSW Land and Environmental Court listed the case for a sentencing hearing on June 21, 2024. On October 13, 2023, the NSW EPA commenced additional proceedings in the NSW Land and Environment Court against Cadia Holdings, alleging two additional contraventions of applicable air emissions requirements between November 3 and 5, 2021 and May 24 and 25, 2023 and two contraventions related to alleged air pollution from tailings storage facilities on October 13 and 31, 2022. On November 24, 2023, Cadia Holdings entered a plea of guilty to the two additional charges relating to applicable air emissions requirements and the NSW Land and Environmental Court listed the case for a sentencing hearing on June 21, 2024. The proceedings related to alleged air pollution from Cadia Holdings’ tailings storage facilities are adjourned for further directions on May 17, 2024. The NSW EPA’s investigation regarding the management of air emissions from the mine is ongoing. While no specific relief has been sought by the NSW EPA in its proceeding against Cadia Holdings before the NSW Land and Environmental Court, the court can impose penalties. Other Legal Matters Newmont Corporation, as well as Newmont Canada Corporation, and Newmont Canada FN Holdings ULC – 100% Newmont Owned Kirkland Lake Gold Inc., which was acquired by Agnico Eagle Mines Limited in 2022 (still referred to herein as “Kirkland” for ease of reference), 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 (collectively "Newmont"), and certain Kirkland defendants (collectively "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 granted in October 2022. Newmont submitted its statement of defense on February 27, 2023, and a motion for summary judgment on January 12, 2024. The motion for summary judgment was heard before the Court on February 27 and 29, 2024. Newmont 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, along with the other defendants, filed a motion to dismiss based on delay on November 29, 2022. On August 22, 2023, the Court granted the motion and dismissed the Ontario complaint for delay. NWG filed an appeal with the Court of Appeal for Ontario on September 21, 2023. On January 9, 2024, the Ontario Superior Court of Justice awarded Newmont C$0.5 in costs. The appeal remains pending and will be heard on April 29, 2024. 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. Other Commitments and Contingencies As part of its ongoing business and operations, the Company and its affiliates are required to provide surety bonds, bank letters of credit and bank guarantees as financial support for various purposes, including environmental remediation, reclamation, exploration permitting, workers compensation programs and other general corporate purposes. At March 31, 2024 and December 31, 2023, there were $2,218 and $2,123, respectively, of outstanding letters of credit, surety bonds and bank guarantees. The obligations associated with these instruments are generally related to performance requirements that the Company addresses through its ongoing operations. As the specific requirements are met, the beneficiary of the associated instrument cancels and/or returns the instrument to the issuing entity. Certain of these instruments are associated with operating sites with long-lived assets and will remain outstanding until closure. Generally, bonding requirements associated with environmental regulation are becoming more restrictive. However, the Company believes it is in compliance with all applicable bonding obligations and will be able to satisfy future bonding requirements through existing or alternative means, as they arise. 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. Refer to Note 25 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, 2023 filed with the SEC on February 29, 2024 for information on the Company's contingent payments.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net Income (Loss) Attributable to Parent	$ 170	$ 351

Insider Trading Arrangements

Insider Trading Arrangements shares in Thousands	3 Months Ended
	Mar. 31, 2024 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Terminated	false
Rob Atkinson [Member]
Trading Arrangements, by Individual
Name	Rob Atkinson
Title	Executive Vice President and Chief Operating Officer
Adoption Date	May 30, 2023
Rule 10b5-1 Arrangement Terminated	true
Termination Date	January 29, 2024
Aggregate Available	66
Tom Palmer [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On March 28, 2024, Tom Palmer, President, Chief Executive Officer and Director, adopted a Rule 10b5-1 Trading Plan. Mr. Palmer’s Rule 10b5-1 Trading Plan has a term of 11 months and provides for the sale of up to 104,000 shares of common stock pursuant to the terms of the plan. The adoption of such 10b5-1 Trading Plan occurred during an open insider trading window and complied with the Company’s standards on insider trading.
Name	Tom Palmer
Title	President, Chief Executive Officer and Director
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	March 28, 2024
Arrangement Duration	11 months
Aggregate Available	104
Rob Atkinson [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On January 29, 2024, Rob Atkinson, Executive Vice President and Chief Operating Officer, terminated a trading arrangement previously adopted with respect to the sale of securities of the Company’s common stock (a “Rule 10b5-1 Trading Plan”). Mr. Atkinson’s Rule 10b5-1 Trading Plan was adopted on May 30, 2023, had a term of 14 months, and provided for the sale of up to 66,000 shares of common stock pursuant to the terms of the plan. As of the date of termination of the Rule 10b5-1 Trading Plan, Mr. Atkinson had sold 27,500 shares of common stock under its terms. The adoption of such 10b5-1 Trading Plan, and its subsequent termination, each occurred during an open insider trading window and complied with the Company’s standards on insider trading.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Risks and Uncertainties	Risks and Uncertainties As a global mining company, the Company’s revenue, profitability and future rate of growth are substantially dependent on prevailing metal prices, primarily for gold, but also for copper, silver, lead, and zinc. Historically, the commodity markets have been very volatile, and there can be no assurance that commodity prices will not be subject to wide fluctuations in the future. A substantial or extended decline in commodity prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, access to capital and on the quantities of reserves that the Company can economically produce. The carrying value of the Company’s Property, plant and mine development , net; Inventories; Stockpiles and ore on leach pads; Investments; certain Derivative assets ; Deferred income tax assets; and Goodwill are particularly sensitive to the outlook for commodity prices. A decline in the Company’s price outlook from current levels could result in material impairment charges related to these assets. Our global operations expose us to risks associated with public health crises, including epidemics and pandemics such as COVID-19, and geopolitical and macroeconomic pressures such as the Russian invasion of Ukraine. The Company continues to experience the impacts from recent geopolitical and macroeconomic pressures. With the resulting volatile environment, the Company continues to monitor inflationary conditions, the effects of certain countermeasures taken by central banks, and the potential for further supply chain disruptions as well as an uncertain and evolving labor market. The following factors could have further potential short- and, possibly, long-term material adverse impacts on the Company including, but not limited to, volatility in commodity prices and the prices for gold and other metals, changes in the equity and debt markets or country specific factors adversely impacting discount rates, significant cost inflation impacts on production, capital and asset retirement costs, logistical challenges, workforce interruptions and financial market disruptions, energy market disruptions, as well as potential impacts to estimated costs and timing of projects.
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.
Assets Held for Sale	Assets Held for Sale We classify long-lived assets, or disposal groups comprising of assets and liabilities, as held for sale in the period in which the following six criteria are met, (i) management, having the authority to approve the action, commits to a plan to sell the property; (ii) the property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (iii) an active program to locate a buyer and other actions required to complete the plan to sell have been initiated; (iv) the sale of the property is probable and is expected to be completed within one year; (v) the property is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and (vi) actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. The Company ceases depreciation and amortization on long-lived assets (or disposal groups) classified as held for sale, and measures them at the lower of carrying value or estimated fair value less cost to sell.
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	Recently Adopted Accounting Pronouncements and Securities and Exchange Commission Rules Effects of Reference Rate Reform In March 2020, ASU No. 2020-04 was issued which provides optional guidance for a limited period of time to ease the potential burden on accounting for contract modifications caused by reference rate reform. In January 2021, ASU No. 2021-01 was issued which broadened the scope of ASU No. 2020-04 to include certain derivative instruments. In December 2022, ASU No. 2022-06 was issued which deferred the sunset date of ASU No. 2020-04. The guidance is effective for all entities as of March 12, 2020 through December 31, 2024. The guidance may be adopted over time as reference rate reform activities occur and should be applied on a prospective basis. The Company has completed its review of key contracts and does not expect the guidance to have a material impact to the consolidated financial statements or disclosures. The Company will continue to review new contracts to identify references to the LIBOR and implement adequate fallback provisions if not already implemented to mitigate the risks or impacts from the transition. Recently Issued Accounting Pronouncements and Securities and Exchange Commission Rules SEC Final Climate Rule In March 2024, the SEC issued a final rule that requires registrants to disclose climate-related information in their annual reports and in registration statements. In April 2024, the SEC chose to stay the newly adopted rulemaking pending judicial review of related consolidated Eighth Circuit petitions. If the stay is lifted, certain disclosures may be required in annual reports for the year ending December 31, 2025, filed in 2026. The Company is currently evaluating the impacts of the rules on its consolidated financial statements. Improvement to Income Tax Disclosures In December 2023, ASU 2023-09 was issued which requires disaggregated information about the effective tax rate reconciliation and additional information on taxes paid that meet a qualitative threshold. The new guidance is effective for annual reporting periods beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impacts of the guidance on its consolidated financial statements. Segments Reporting In November 2023, ASU 2023-07 was issued which improves disclosures about a public entity’s reportable segments and addresses requests from investors and other allocators of capital for additional, more detailed information about a reportable segment’s expenses. The ASU applies to all public entities that are required to report segment information in accordance with ASC 280 and is effective starting in annual periods beginning after December 15, 2023. The adoption is not expected to have a material impact on the Company's consolidated financial statements or disclosures.

BUSINESS ACQUISITION (Tables)

BUSINESS ACQUISITION (Tables)	3 Months Ended
	Mar. 31, 2024
Business Combinations [Abstract]
Schedule of acquisition date transaction components	The acquisition date fair value of the consideration transferred consisted of the following: (in millions, except share and per share data) Shares Per Share Purchase Consideration Stock Consideration Shares of Newmont exchanged for Newcrest outstanding ordinary shares 357,691,627 $ 37.88 $ 13,549 Total Purchase Price $ 13,549
Summary of purchase price allocation	The following table summarizes the preliminary purchase price allocation for the Newcrest transaction as of March 31, 2024: ASSETS March 31, 2024 Cash and cash equivalents $ 668 Trade receivables 212 Inventories 722 Stockpiles and ore on leach pads 137 Derivative assets 42 Other current assets 194 Current assets 1,975 Property, plant and mine development, net (1) 13,509 Investments 990 Stockpiles and ore on leach pads 131 Deferred income tax assets (2) 179 Goodwill (3) 2,535 Derivative assets 362 Other non-current assets 93 Total assets 19,774 LIABILITIES Accounts payable 344 Employee-related benefits 143 Lease and other financing obligations 16 Debt 1,923 Other current liabilities 336 Current liabilities 2,762 Debt 1,373 Lease and other financing obligations 35 Reclamation and remediation liabilities 393 Deferred income tax liabilities (2) 1,429 Employee-related benefits 222 Other non-current liabilities 11 Total liabilities 6,225 Net assets acquired $ 13,549 ____________________________ (1) During the first quarter of 2024, measurement period adjustments of $326 increased Property, plant and mine development, net , from refinements to the preliminary valuation of the Canadian assets. (2) Deferred income tax assets and liabilities represent the future tax benefit or future tax expense associated with the differences between the preliminary fair value allocated to assets (excluding goodwill) and liabilities and a tax basis increase to the preliminary fair value of the assets acquired in Australia and the historical carryover tax basis of assets and liabilities in all other jurisdictions. No deferred tax liability is recognized for the basis difference inherent in the preliminary fair value allocated to goodwill. Current period adjustments resulted in deferred income tax assets decreasing by $10 and deferred income tax liabilities increasing by $98 during the quarter. (3) Preliminary goodwill is attributable to reportable segments as follows: $1,089 to Brucejack; $404 to Red Chris; $427 to Cadia; and $615 to Lihir. During the first quarter of 2024, the Company identified and recorded measurement period adjustments to the Company's preliminary purchase price allocation, as a result of additional analysis performed. These adjustments resulted in a reduction in Goodwill of $209.
Schedule of pro-forma financial information	The following unaudited pro forma financial information presents consolidated results assuming the Newcrest transaction occurred on January 1, 2022. Three Months Ended Sales $ 3,862 Net income (loss) attributable to Newmont stockholders $ 593

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
Financial Information of Company's Segments	The financial information relating to the Company’s segments is as follows: 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 March 31, 2024 Brucejack (2) $ 72 $ 74 $ 35 $ — $ (37) $ 16 Red Chris (2) Gold 16 7 2 Copper 46 31 8 Total Red Chris 62 38 10 2 11 35 Peñasquito: Gold 92 38 15 Silver 201 111 44 Lead 60 36 14 Zinc 124 108 36 Total Peñasquito 477 293 109 2 62 32 Merian 155 90 19 4 39 18 Cerro Negro 153 63 30 5 51 46 Yanacocha 186 88 28 2 20 24 Boddington: Gold 299 144 26 Copper 77 48 9 Total Boddington 376 192 35 1 157 28 Tanami 188 82 25 8 82 85 Cadia: (2) Gold 248 74 28 Copper 167 67 27 Total Cadia 415 141 55 5 222 111 Lihir (2) 377 171 35 6 163 55 Ahafo 381 159 51 5 178 90 NGM 559 314 107 5 128 118 Corporate and Other — — 12 44 (562) 4 Held for sale (3) CC&V 59 40 3 1 (92) 5 Musselwhite 101 57 18 2 (59) 26 Porcupine 125 63 23 2 34 40 Éléonore 116 80 19 4 12 21 Telfer: (2) Gold 59 70 8 Copper 7 15 2 Total Telfer 66 85 10 4 (24) 10 Akyem 155 76 30 4 43 9 Consolidated $ 4,023 $ 2,106 $ 654 $ 106 $ 428 $ 773 ____________________________ (1) Includes a decrease in accrued capital expenditures of $77. Consolidated capital expenditures on a cash basis were $850. (2) Sites acquired through the Newcrest transaction. Refer to Note 3 for further information. (3) Refer to Note 5 for further information on held for sale. The Coffee development project disposal group is included in Corporate and other. 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 March 31, 2023 CC&V $ 91 $ 51 $ 7 $ 3 $ 27 $ 10 Musselwhite 83 58 19 1 6 14 Porcupine 123 70 29 4 15 22 Éléonore 129 75 27 1 26 14 Peñasquito: Gold 110 67 20 Silver 117 82 25 Lead 32 22 7 Zinc 117 86 24 Total Peñasquito 376 257 76 3 22 35 Merian 159 85 18 3 53 14 Cerro Negro 116 70 31 2 7 35 Yanacocha 100 56 16 3 — 63 Boddington: Gold 381 167 28 Copper 110 53 9 Total Boddington 491 220 37 2 233 37 Tanami 123 61 19 4 40 74 Ahafo 249 130 39 6 71 90 Akyem 148 63 29 3 49 10 NGM 491 286 106 7 85 84 Corporate and Other — — 8 41 (95) 6 Consolidated $ 2,679 $ 1,482 $ 461 $ 83 $ 539 $ 508 ____________________________ (1) Includes a decrease in accrued capital expenditures of $18; consolidated capital expenditures on a cash basis were $526.

ASSETS AND LIABILITIES HELD F_2

ASSETS AND LIABILITIES HELD FOR SALE (Tables)	3 Months Ended
	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations	The following table presents the carrying value of the major classes of assets and liabilities held for sale by disposal group, prior to recognition of the write-down of $352, as of March 31, 2024: CC&V Musselwhite Porcupine Éléonore Telfer Akyem Coffee Project (1) Total Assets held for sale: Property, plant and mine development, net $ 82 $ 991 $ 1,366 $ 706 $ 380 $ 522 $ 321 $ 4,368 Other assets 459 38 132 162 327 521 1 1,640 Carrying value of assets held for sale $ 541 $ 1,029 $ 1,498 $ 868 $ 707 $ 1,043 $ 322 $ 6,008 Liabilities held for sale: Reclamation and remediation liabilities $ 279 $ 78 $ 543 $ 83 $ 207 $ 398 $ 3 $ 1,591 Other liabilities 36 253 209 58 127 74 3 760 Carrying value of liabilities held for sale $ 315 $ 331 $ 752 $ 141 $ 334 $ 472 $ 6 $ 2,351 ____________________________ (1) The Coffee Project is included in Corporate and other.

SALES (Tables)

SALES (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 Brucejack (1) $ 49 $ 23 $ 72 Red Chris: (1) Gold — 16 16 Copper — 46 46 Total Red Chris — 62 62 Peñasquito: Gold — 92 92 Silver (2) — 201 201 Lead — 60 60 Zinc — 124 124 Total Peñasquito — 477 477 Merian 148 7 155 Cerro Negro 153 — 153 Yanacocha 186 — 186 Boddington: Gold 74 225 299 Copper — 77 77 Total Boddington 74 302 376 Tanami 188 — 188 Cadia: (1) Gold 33 215 248 Copper — 167 167 Total Cadia 33 382 415 Lihir (1) 377 — 377 Ahafo 381 — 381 NGM (3) 529 30 559 Held for sale (4) CC&V 59 — 59 Musselwhite 101 — 101 Porcupine 125 — 125 Éléonore 116 — 116 Telfer: (1) Gold 7 52 59 Copper — 7 7 Total Telfer 7 59 66 Akyem 155 — 155 Consolidated $ 2,681 $ 1,342 $ 4,023 ____________________________ (1) Sites acquired through the Newcrest transaction. Refer to Note 3 for further information. (2) Silver sales from concentrate includes $27 related to non-cash amortization of the silver streaming agreement liability. (3) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $530 for the three months ended March 31, 2024. (4) Refer to Note 5 for further information on held for sale. Gold Sales from Doré Production Sales from Concentrate and Other Production Total Sales Three Months Ended March 31, 2023 CC&V $ 91 $ — $ 91 Musselwhite 83 — 83 Porcupine 123 — 123 Éléonore 129 — 129 Peñasquito: Gold 15 95 110 Silver (1) — 117 117 Lead — 32 32 Zinc — 117 117 Total Peñasquito 15 361 376 Merian 159 — 159 Cerro Negro 116 — 116 Yanacocha 94 6 100 Boddington: Gold 93 288 381 Copper — 110 110 Total Boddington 93 398 491 Tanami 123 — 123 Ahafo 249 — 249 Akyem 148 — 148 NGM (2) 473 18 491 Consolidated $ 1,896 $ 783 $ 2,679 ____________________________ (1) Silver sales from concentrate includes $16 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 $481 for the three months ended March 31, 2023. At March 31, 2024, Newmont had the following provisionally priced concentrate sales subject to final pricing over the next several months: Provisionally Priced Sales Subject to Final Pricing (1) Average Provisional Gold (ounces, in thousands) 209 $ 2,222 Copper (pounds, in millions) 76 $ 3.99 Silver (ounces, in millions) 5 $ 24.82 Lead (pounds, in millions) 46 $ 0.92 Zinc (pounds, in millions) 87 $ 1.10 Molybdenum (pounds, in millions) (2) 1 $ 19.81 ____________________________ (1) Includes provisionally priced by-product sales subject to final pricing, which are recognized in Costs applicable to sales. (2) Molybdenum is a by-product at the Cadia site and is recognized as a reduction to Costs applicable to sales .

RECLAMATION AND REMEDIATION (Ta

RECLAMATION AND REMEDIATION (Tables)	3 Months Ended
	Mar. 31, 2024
Environmental Remediation Obligations [Abstract]
Reclamation and Remediation Expense	The Company’s Reclamation and remediation expense consisted of: Three Months Ended 2024 2023 Reclamation adjustments and other $ 3 $ 2 Reclamation accretion 85 60 Reclamation expense 88 62 Remediation adjustments and other 8 2 Remediation accretion 2 2 Remediation expense 10 4 Reclamation and remediation $ 98 $ 66
Reconciliation of Reclamation Liabilities	The following are reconciliations of Reclamation and remediation liabilities : Reclamation Remediation 2024 2023 2024 2023 Balance at January 1, (1) $ 8,385 $ 6,731 $ 401 $ 373 Additions, changes in estimates, and other — — 5 — Payments, net (53) (41) (6) (5) Accretion expense 85 60 2 2 Reclassification to Current liabilities held for sale (2) (1,571) — (20) — Balance at March 31, $ 6,846 $ 6,750 $ 382 $ 370 ___________________________ (1) The Newcrest transaction occurred on November 6, 2023, resulting in an increase in the beginning balance at January 1, 2024, as compared to the beginning balance at January 1, 2023. Refer to Note 3 for further information. (2) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for assets held for sale. As a result, the related assets and liabilities, including Reclamation and remediation liabilities , were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Refer to Note 5 for additional information. At March 31, 2024 At December 31, 2023 Reclamation Remediation Total Reclamation Remediation Total Current (1) $ 510 $ 66 $ 576 $ 558 $ 61 $ 619 Non-current (2) 6,336 316 6,652 7,827 340 8,167 Total (3) $ 6,846 $ 382 $ 7,228 $ 8,385 $ 401 $ 8,786 ____________________________ (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 include $4,808 and $4,804 related to Yanacocha at March 31, 2024 and December 31, 2023, respectively.
Reconciliation of Remediation Liabilities	At March 31, 2024 At December 31, 2023 Reclamation Remediation Total Reclamation Remediation Total Current (1) $ 510 $ 66 $ 576 $ 558 $ 61 $ 619 Non-current (2) 6,336 316 6,652 7,827 340 8,167 Total (3) $ 6,846 $ 382 $ 7,228 $ 8,385 $ 401 $ 8,786 ____________________________ (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 include $4,808 and $4,804 related to Yanacocha at March 31, 2024 and December 31, 2023, respectively.

OTHER EXPENSE, NET (Tables)

OTHER EXPENSE, NET (Tables)	3 Months Ended
	Mar. 31, 2024
Operating Costs and Expenses [Abstract]
Schedule of other expense, net	Three Months Ended 2024 2023 Newcrest transaction and integration costs (1) $ 29 $ — Settlement costs 21 — Impairment charges 12 4 Restructuring and severance 6 2 Other 5 2 Other expense, net $ 73 $ 8 ____________________________ (1) Represents costs incurred related to the Newcrest Transaction. Refer to Note 3 for further information.

OTHER INCOME (LOSS), NET (Table

OTHER INCOME (LOSS), NET (Tables)	3 Months Ended
	Mar. 31, 2024
Other Income, Nonoperating [Abstract]
Other Income, Net	Three Months Ended 2024 2023 Interest income $ 39 $ 36 Change in fair value of investments 31 41 Foreign currency exchange, net 28 (11) Insurance proceeds (1) 10 — Gain (loss) on asset and investment sales, net (2) 9 36 Other 4 (3) Other income (loss), net $ 121 $ 99 ____________________________ (1) For the three months ended March 31, 2024, primarily consists of insurance proceeds received of $10 related to a conveyor failure at Ahafo. (2) For the three months ended March 31, 2024, primarily consists of the gain recognized on the purchase and sale of foreign currency bonds. For the three months ended March 31, 2023, primarily consists of the gain recognized on the exchange of the previously held 28.5% investment in Maverix Metals, Inc. ("Maverix") for 7.5% ownership interest in Triple Flag Precious Metals Corporation ("Triple Flag") resulting from Triple Flag's acquisition of all issued and outstanding common shares of Maverix in January 2023, partially offset by the loss on the sale of the Triple Flag investment in March 2023, resulting in a net gain of $36.

INCOME AND MINING TAXES (Tables

INCOME AND MINING TAXES (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 2023 Income (loss) before income and mining tax and other items $ 428 $ 539 U.S. Federal statutory tax rate 21 % 90 21 % 113 Reconciling items: Change in valuation allowance on deferred tax assets (15) (65) 2 9 Foreign rate differential 15 63 8 43 Mining and other taxes (net of associated federal benefit) 10 43 5 29 Tax impact of foreign exchange 7 30 3 18 Akyem recognition of DTL for assets held for sale 27 117 — — Other (4) (18) 1 1 Income and mining tax expense (benefit) 61 % $ 260 40 % $ 213 ____________________________ (1) Tax rates may not recalculate due to rounding.

FAIR VALUE ACCOUNTING (Tables)

FAIR VALUE ACCOUNTING (Tables)	3 Months Ended
	Mar. 31, 2024
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 (at least annually) or nonrecurring basis 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 13 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, 2023 filed with the SEC on February 29, 2024 for further information on the Company's assets and liabilities included in the fair value hierarchy presented below. Fair Value at March 31, 2024 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 2,336 $ 2,336 $ — $ — Restricted cash 45 45 — — Trade receivables from provisional concentrate sales, net 763 — 763 — Assets held for sale (Note 5) (1) 1,541 — — 1,541 Marketable and other equity securities (Note 13) 278 269 9 — Restricted marketable debt securities (Note 13) 20 20 — — Derivative assets (Note 12) 526 — 1 525 $ 5,509 $ 2,670 $ 773 $ 2,066 Liabilities: Debt (2) $ 8,891 $ — $ 8,891 $ — Derivative liabilities (Note 12) 5 — — 5 $ 8,896 $ — $ 8,891 $ 5 Fair Value at December 31, 2023 Total Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 3,002 $ 3,002 $ — $ — Restricted cash 98 98 — — Trade receivables from provisional concentrate sales, net 734 — 734 — Long-lived assets 22 — — 22 Marketable and other equity securities (Note 13) 252 243 9 — Restricted marketable debt securities (Note 13) 21 21 — — Derivative assets (Note 12) (3) 642 — 7 635 $ 4,771 $ 3,364 $ 750 $ 657 Liabilities: Debt (2) $ 8,975 $ — $ 8,975 $ — Derivative liabilities (Note 12) (3) 5 — — 5 $ 8,980 $ — $ 8,975 $ 5 ____________________________ (1) The aggregate fair value of net assets held for sale subject to fair value remeasurement was $888 at March 31, 2024. (2) Debt is carried at amortized cost. The outstanding carrying value was $8,933 and $8,874 at March 31, 2024 and December 31, 2023, respectively. Refer to Note 16 for further information. The fair value measurement of debt was based on an independent third party pricing source. (3) Derivative assets and liabilities include amounts for contingent consideration assets and liabilities, which were separately disclosed in prior filings.
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 March 31, 2024 and December 31, 2023: Description At March 31, 2024 Valuation Technique Significant Input Range, Point Estimate or Average Weighted Average Discount Rate Assets held for sale $ 1,541 Income-based approach Various (1) Various (1) Various (1) Derivative assets: Derivative assets, not designated for hedging (2) $ 270 Discounted cash flow Forward gold prices (per ounce) $1,860 - $2,771 10.50 % Hedging instruments (2) $ 116 Discounted cash flow Forward electricity prices A$43 - A$321 6.42 % Contingent consideration assets $ 139 Monte Carlo (3) Discount rate 8.04% - 26.43% 11.52 % Derivative liabilities $ 5 Discounted cash flow Discount rate 4.82% - 6.15% 5.62 % Description At December 31, 2023 Valuation Technique Significant Input Range, Point Estimate or Average Weighted Average Discount Rate Long-lived assets $ 22 Market-multiple Various (4) Various (4) Various (4) Derivative assets: Derivative assets, not designated for hedging (2) $ 424 Discounted cash flow Discount rate 6.28% - 10.50% 9.03 % Contingent consideration assets $ 211 Monte Carlo (3) Discount rate 8.04% - 26.43% 11.18 % Derivative liabilities $ 5 Discounted cash flow Discount rate 4.91% - 6.15% 5.65 % ____________________________ (1) Refer to Note 5 for information on the assumptions and inputs specific to the non-recurring fair value measurements performed in connection with assets held for sale. (2) The Stream Credit Facility Agreement and the Cadia Power Purchase Agreement, acquired as part of the Newcrest transaction, were not designated in a hedging relationship at December 31, 2023. At January 1, 2024, the Company designated the Cadia Power Purchase Agreement for hedge accounting. As such, the Cadia Power Purchase Agreement is captured in Hedging instruments at March 31, 2024. Refer to Note 12 for further information. (3) A Monte Carlo valuation model is used for the fair value measurement of the Batu Hijau contingent consideration asset. All other contingent consideration assets are valued using a probability-weighted discounted cash flow model. (4) At December 31, 2023, the Company recognized its proportionate share of the non-cash impairment charge on long-lived assets at NGM, which resulted in a remaining long-lived asset balance of $22. The estimated fair value was based on observable market values for comparable assets expressed as dollar per ounce of mineral resources and was considered a non-recurring level 3 fair value measurement.
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: Derivative Assets (1) Total Assets Derivative Liabilities Total Liabilities Fair value at December 31, 2023 $ 635 $ 635 $ 5 $ 5 Settlements/Reclassifications (2) (76) (76) — — Revaluation (34) (34) — — Fair value at March 31, 2024 $ 525 $ 525 $ 5 $ 5 Derivative Assets (1) Total Assets Derivative Liabilities (3) Total Liabilities Fair value at December 31, 2022 $ 188 $ 188 $ 3 $ 3 Revaluation (1) (1) 2 2 Fair value at March 31, 2023 $ 187 $ 187 $ 5 $ 5 ____________________________ (1) In 2024, the (loss) gain recognized on revaluation of derivative assets of $(6), $(32) and $4 is included in Other income (loss), net , Other comprehensive income (loss) , and Net income (loss) from discontinued operations , respectively. In 2023, the (loss) gain recognized on revaluation derivative assets of $(7) and $6 is included in Other income (loss), net and Net income (loss) from discontinued operations , respectively. (2) In the first quarter of 2024, certain amounts relating to the Batu Hijau contingent consideration asset were reclassified from current Derivative assets to Other current assets in the Company’s Condensed Consolidated Balance Sheets as a result of achieving certain contractual milestones. (3) In 2023, the loss recognized on revaluation of contingent consideration liabilities is included in Other income (loss), net .
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: Derivative Assets (1) Total Assets Derivative Liabilities Total Liabilities Fair value at December 31, 2023 $ 635 $ 635 $ 5 $ 5 Settlements/Reclassifications (2) (76) (76) — — Revaluation (34) (34) — — Fair value at March 31, 2024 $ 525 $ 525 $ 5 $ 5 Derivative Assets (1) Total Assets Derivative Liabilities (3) Total Liabilities Fair value at December 31, 2022 $ 188 $ 188 $ 3 $ 3 Revaluation (1) (1) 2 2 Fair value at March 31, 2023 $ 187 $ 187 $ 5 $ 5 ____________________________ (1) In 2024, the (loss) gain recognized on revaluation of derivative assets of $(6), $(32) and $4 is included in Other income (loss), net , Other comprehensive income (loss) , and Net income (loss) from discontinued operations , respectively. In 2023, the (loss) gain recognized on revaluation derivative assets of $(7) and $6 is included in Other income (loss), net and Net income (loss) from discontinued operations , respectively. (2) In the first quarter of 2024, certain amounts relating to the Batu Hijau contingent consideration asset were reclassified from current Derivative assets to Other current assets in the Company’s Condensed Consolidated Balance Sheets as a result of achieving certain contractual milestones. (3) In 2023, the loss recognized on revaluation of contingent consideration liabilities is included in Other income (loss), net .

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	At March 31, At December 31, Current derivative assets: Derivative assets, not designated for hedging (1) $ 49 $ 115 Contingent consideration assets 63 76 Hedging instruments (1) 2 7 $ 114 $ 198 Non-current derivative assets: Derivative assets, not designated for hedging (1) $ 221 $ 309 Contingent consideration assets 76 135 Hedging instruments (1) 115 — $ 412 $ 444 Current derivative liabilities: (2) Contingent consideration liabilities $ 3 $ 3 $ 3 $ 3 Non-current derivative liabilities: (3) Contingent consideration liabilities $ 5 $ 5 $ 5 $ 5 ____________________________ (1) The Stream Credit Facility Agreement and the Cadia Power Purchase Agreement, acquired as part of the Newcrest transaction, were not designated in a hedging relationship at December 31, 2023. At January 1, 2024, the Company designated the Cadia Power Purchase Agreement for hedge accounting. As a result, the Cadia Power Purchase Agreement is captured in Hedging instruments at March 31, 2024. See below for further information. (2) Included in Other current liabilities in the Company’s Condensed Consolidated Balance Sheets. (3) Included in Other non-current liabilities in the Company’s Condensed Consolidated Balance Sheets.
Schedule of Derivative Assets at Fair Value	The following table provides the fair value of the Company’s derivative instruments designated as cash flow hedges: At March 31, At December 31, Current hedging instruments: (1) Cadia PPA cash flow hedge (2) $ 1 $ — Foreign currency cash flow hedges 1 7 $ 2 $ 7 Non-current hedging instruments: (3) Cadia PPA cash flow hedge (2) $ 115 $ — $ 115 $ — ____________________________ (1) Included in the current portion of Derivative assets in the Company’s Consolidated Balance Sheets. (2) At January 1, 2024, the Company designated the Cadia Power Purchase Agreement for hedge accounting. As a result, the Cadia PPA is captured in Derivative instruments, not designated for hedging at December 31, 2023. See above for further information. (3) Included in non-current portion of Derivative assets in the Company’s Consolidated Balance Sheets.
Derivative Instruments, Gain (Loss)	The following table provides the losses (gains) recognized in earnings related to the Company's derivative instruments: Three Months Ended 2024 2023 Loss (gain) on cash flow hedges: Interest rate contracts (1) $ 1 $ 1 $ 1 $ 1 ____________________________ (1) Interest rate contracts relate to swaps entered into, and subsequently settled, associated with the issuance of the 2022 Senior Notes, 2035 Senior Notes, 2039 Senior Notes, and 2042 Senior Notes. The related gains and losses are reclassified from Accumulated Other Comprehensive Income (Loss) and amortized to Interest expense, net over the term of the respective hedged notes.
Derivatives Not Designated as Hedging Instruments	The Company had the following contingent consideration assets and liabilities: At March 31, At December 31, Contingent consideration assets: Batu Hijau and Elang (1) $ 89 $ 161 Red Lake (2) 39 39 Cerro Blanco (2) 6 6 Triple Flag (2) 4 4 Other (2) 1 1 $ 139 $ 211 Contingent consideration liabilities: Norte Abierto (3) $ 3 $ 3 Red Chris (4) 3 3 Galore Creek (3) 2 2 $ 8 $ 8 ____________________________ (1) Contingent consideration related to the sale of PT Newmont Nusa Tenggara in 2016. At March 31, 2024, $63 is included in the current portion of Derivative assets and $26 is included in the non-current portion of Derivative assets in the Company’s Condensed Consolidated Balance Sheets. At December 31, 2023, $76 is included in the current portion of Derivative assets and $85 is included in the non-current portion of Derivative assets in the Company’s Condensed Consolidated Balance Sheets. (2) Included in the non-current portion of Derivative assets in the Company’s Condensed Consolidated Balance Sheets. (3) Included in Other non-current liabilities in the Company’s Condensed Consolidated Balance Sheets. (4) Acquired through the Newcrest transaction and is included in Other current liabilities in the Company’s Condensed Consolidated Balance Sheets.

INVESTMENTS (Tables)

INVESTMENTS (Tables)	3 Months Ended
	Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of investments	At March 31, At December 31, Current investments: Marketable equity securities $ 23 $ 23 Non-current investments: Marketable and other equity securities $ 255 $ 229 Equity method investments: Pueblo Viejo Mine (40.0%) $ 1,471 $ 1,489 NuevaUnión Project (50.0%) 958 959 Lundin Gold Inc. (31.9% and 32.0%, respectively) 925 938 Norte Abierto Project (50.0%) 529 528 3,883 3,914 $ 4,138 $ 4,143 Non-current restricted investments: (1) Marketable debt securities $ 20 $ 21 ____________________________ (1) 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 7 for further information regarding these amounts.

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended
	Mar. 31, 2024
Inventory Disclosure [Abstract]
Summary of Inventories	At March 31, At December 31, Materials and supplies $ 1,078 $ 1,247 In-process 124 160 Concentrate 98 134 Precious metals 85 122 Inventories (1) $ 1,385 $ 1,663 ___________________________ (1) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for held for sale. As a result, the related assets, including Inventories of $305, and liabilities were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Refer to Note 5 for additional information.

STOCKPILES AND ORE ON LEACH P_2

STOCKPILES AND ORE ON LEACH PADS (Tables)	3 Months Ended
	Mar. 31, 2024
STOCKPILES AND ORE ON LEACH PADS
Stockpiles and Ore on Leach Pads	At March 31, 2024 (1) At December 31, 2023 Stockpiles Ore on Leach Pads Total Stockpiles Ore on Leach Pads Total Current $ 566 $ 179 $ 745 $ 746 $ 233 $ 979 Non-current 1,692 145 1,837 1,532 403 1,935 Total $ 2,258 $ 324 $ 2,582 $ 2,278 $ 636 $ 2,914 ___________________________ (1) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for held for sale. As a result, the related assets, including Stockpiles and ore on leach pads of $545, and liabilities were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Refer to Note 5 for additional information.

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
Schedule of Minimum Debt Repayments	Scheduled minimum debt repayments are as follows: At March 31, Year Ending December 31, 2024 (for the remainder of 2024) $ — 2025 — 2026 1,000 2027 — 2028 — Thereafter 8,274 Total face value of debt 9,274 Unamortized premiums, discounts, and issuance costs (341) Debt $ 8,933

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2024
Other Liabilities Disclosure [Abstract]
Other Liabilities	At March 31, At December 31, Other current liabilities: Reclamation and remediation liabilities $ 576 $ 619 Accrued operating costs (1) 442 473 Accrued capital expenditures 212 320 Payables to NGM (2) 77 91 Stamp duty on Newcrest transaction (3) 29 316 Other (4) 448 543 $ 1,784 $ 2,362 Other non-current liabilities: Income and mining taxes (5) $ 175 $ 177 Other (6) 125 139 $ 300 $ 316 _________________________ (1) Includes an estimated compensation payment to the Worsley JV related to the waiver of certain rights within the cross-operation agreement that confers priority to the bauxite operations at the Boddington mine. (2) Primarily consists of amounts due to 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 included in Other current assets. (3) Incurred as a result of the Newcrest transaction. In the first quarter of 2024, $291 was paid. Refer to Note 3 for further information on the Newcrest transaction. (4) Primarily consists of accrued interest on debt, accrued royalties and the current portion of the silver streaming agreement liability. (5) Primarily consists of unrecognized tax benefits, including penalties and interest. (6) Primarily consists of operating lease liabilities.

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)​​ (Tables)	3 Months Ended
	Mar. 31, 2024
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Change in Accumulated Other Comprehensive Income (Loss)	Unrealized Gain (Loss) on Marketable Debt Securities Foreign Currency Translation Adjustments Pension and Other Post-retirement Benefit Adjustments Unrealized Gain (Loss) on Hedge Instruments Total Balance at December 31, 2023 $ (1) $ 121 $ (36) $ (70) $ 14 Net current-period other comprehensive income (loss): Gain (loss) in other comprehensive income (loss) before reclassifications — 5 — (36) (31) (Gain) loss reclassified from accumulated other comprehensive income (loss) — — — 1 1 Other comprehensive income (loss) — 5 — (35) (30) Balance at March 31, 2024 $ (1) $ 126 $ (36) $ (105) $ (16)

NET CHANGE IN OPERATING ASSET_2

NET CHANGE IN OPERATING ASSETS AND LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2024
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: Three Months Ended 2024 (1) 2023 Decrease (increase) in operating assets: Trade and other receivables $ (84) $ (25) Inventories, stockpiles and ore on leach pads (193) (171) Other assets (7) 19 Increase (decrease) in operating liabilities: Accounts payable (91) 19 Reclamation and remediation liabilities (59) (46) Accrued tax liabilities 90 1 Other accrued liabilities (2) (322) (159) Net change in operating assets and liabilities $ (666) $ (362) ___________________________ (1) During the first quarter of 2024, certain non-core assets were determined to meet the criteria for assets held for sale. As a result, the related assets and liabilities were reclassified to Current assets held for sale and Current liabilities held for sale , respectively. Amounts herein reflect the net change in the related operating assets and liabilities prior to being reclassified as held for sale. Refer to Note 5 for additional information. (2) For the three months ended March 31, 2024, primarily consists of payment of $291 for stamp duty tax largely accrued in the fourth quarter of 2023 in connection with the Newcrest transaction.

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - USD ($) $ in Millions		3 Months Ended
	Nov. 06, 2023	Mar. 31, 2024	Mar. 31, 2023
Business Acquisition [Line Items]
Net income (loss) attributable to noncontrolling interest		$ 9	$ 12
Primary Beneficiary | Merian
Business Acquisition [Line Items]
Net income (loss) attributable to noncontrolling interest		$ 9	$ 12
Newcrest Mining Limited
Business Acquisition [Line Items]
Total transaction value	$ 13,549

BUSINESS ACQUISITION - Fair Val

BUSINESS ACQUISITION - Fair Value of Consideration Transferred (Details) - Newcrest Mining Limited $ / shares in Units, $ in Millions	Nov. 06, 2023 USD ($) $ / shares shares
Business Combination, Consideration Transferred [Abstract]
Shares issued for Newcrest acquisition (in shares) | shares	357,691,627
Stock issued, price per share (in dollars per share) | $ / shares	$ 37.88
Total transaction value | $	$ 13,549

BUSINESS ACQUISITION - Addition

BUSINESS ACQUISITION - Additional Information (Details) - Newcrest Mining Limited - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Nov. 06, 2023
Business Acquisition [Line Items]
Purchase price allocation, measurement period (in years)		1 year
Revenue since acquisition	$ 992
Earnings (loss) since acquisition	$ 224

BUSINESS ACQUISITION - Purchase

BUSINESS ACQUISITION - Purchase Price Allocation (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Goodwill	$ 2,792	$ 3,001
Newcrest Mining Limited
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Cash and cash equivalents	668
Trade receivables	212
Inventories	722
Stockpiles and ore on leach pads	137
Derivative assets	42
Other current assets	194
Current assets	1,975
Property, plant and mine development, net	13,509
Investments	990
Stockpiles and ore on leach pads	131
Deferred income tax assets	179
Goodwill	2,535
Derivative assets	362
Other non-current assets	93
Total assets	19,774
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]
Accounts payable	344
Employee-related benefits	143
Lease and other financing obligations	16
Debt	1,923
Other current liabilities	336
Current liabilities	2,762
Debt	1,373
Lease and other financing obligations	35
Reclamation and remediation liabilities	393
Deferred income tax liabilities	1,429
Employee-related benefits	222
Other non-current liabilities	11
Total liabilities	6,225
Net assets acquired	13,549
Accounting adjustment, property, plant and mine development	326
Accounting adjustment, deferred income tax assets	(10)
Accounting adjustment, deferred income tax liabilities	98
Accounting adjustment, goodwill	(209)
Newcrest Mining Limited | Red Chris
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Goodwill	404
Newcrest Mining Limited | Brucejack
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Goodwill	1,089
Newcrest Mining Limited | Cadia
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Goodwill	427
Newcrest Mining Limited | Lihir
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Goodwill	$ 615

BUSINESS ACQUISITION - Pro-form

BUSINESS ACQUISITION - Pro-forma information (Details) - Newcrest Mining Limited $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Business Acquisition, Pro Forma Information [Abstract]
Sales	$ 3,862
Net income (loss)	$ 593

SEGMENT INFORMATION - Narrative

SEGMENT INFORMATION - Narrative (Details)	3 Months Ended
	Mar. 31, 2024 plant
Segment Reporting Information [Line Items]
Number of reportable segments	17
Red Chris
Segment Reporting Information [Line Items]
Ownership interest (as a percent)	70%
NGM
Segment Reporting Information [Line Items]
Ownership interest (as a percent)	38.50%

SEGMENT INFORMATION - Financial

SEGMENT INFORMATION - Financial Information of Company's Segments (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Segment Reporting Information [Line Items]
Sales		$ 4,023	$ 2,679
Costs Applicable to Sales	[1]	2,106	1,482
Depreciation and Amortization		654	461
Advanced Projects, Research and Development and Exploration		106	83
Income (Loss) before Income and Mining Tax and Other Items		428	539
Capital Expenditures		773	508
Additional disclosures
Increase (decrease) in accrued capital expenditures		(77)	(18)
Consolidated capital expenditures on a cash basis		850	526
Operating Segments | Brucejack | Continuing Operations
Segment Reporting Information [Line Items]
Sales		72
Costs Applicable to Sales		74
Depreciation and Amortization		35
Advanced Projects, Research and Development and Exploration		0
Income (Loss) before Income and Mining Tax and Other Items		(37)
Capital Expenditures		16
Operating Segments | Red Chris | Continuing Operations
Segment Reporting Information [Line Items]
Sales		62
Costs Applicable to Sales		38
Depreciation and Amortization		10
Advanced Projects, Research and Development and Exploration		2
Income (Loss) before Income and Mining Tax and Other Items		11
Capital Expenditures		35
Operating Segments | Red Chris | Gold | Continuing Operations
Segment Reporting Information [Line Items]
Sales		16
Costs Applicable to Sales		7
Depreciation and Amortization		2
Operating Segments | Red Chris | Copper | Continuing Operations
Segment Reporting Information [Line Items]
Sales		46
Costs Applicable to Sales		31
Depreciation and Amortization		8
Operating Segments | Peñasquito
Segment Reporting Information [Line Items]
Sales			376
Costs Applicable to Sales			257
Depreciation and Amortization			76
Advanced Projects, Research and Development and Exploration			3
Income (Loss) before Income and Mining Tax and Other Items			22
Capital Expenditures			35
Operating Segments | Peñasquito | Continuing Operations
Segment Reporting Information [Line Items]
Sales		477
Costs Applicable to Sales		293
Depreciation and Amortization		109
Advanced Projects, Research and Development and Exploration		2
Income (Loss) before Income and Mining Tax and Other Items		62
Capital Expenditures		32
Operating Segments | Peñasquito | Gold
Segment Reporting Information [Line Items]
Sales			110
Costs Applicable to Sales			67
Depreciation and Amortization			20
Operating Segments | Peñasquito | Gold | Continuing Operations
Segment Reporting Information [Line Items]
Sales		92
Costs Applicable to Sales		38
Depreciation and Amortization		15
Operating Segments | Peñasquito | Silver
Segment Reporting Information [Line Items]
Sales			117
Costs Applicable to Sales			82
Depreciation and Amortization			25
Operating Segments | Peñasquito | Silver | Continuing Operations
Segment Reporting Information [Line Items]
Sales		201
Costs Applicable to Sales		111
Depreciation and Amortization		44
Operating Segments | Peñasquito | Lead
Segment Reporting Information [Line Items]
Sales			32
Costs Applicable to Sales			22
Depreciation and Amortization			7
Operating Segments | Peñasquito | Lead | Continuing Operations
Segment Reporting Information [Line Items]
Sales		60
Costs Applicable to Sales		36
Depreciation and Amortization		14
Operating Segments | Peñasquito | Zinc
Segment Reporting Information [Line Items]
Sales			117
Costs Applicable to Sales			86
Depreciation and Amortization			24
Operating Segments | Peñasquito | Zinc | Continuing Operations
Segment Reporting Information [Line Items]
Sales		124
Costs Applicable to Sales		108
Depreciation and Amortization		36
Operating Segments | Merian
Segment Reporting Information [Line Items]
Sales			159
Costs Applicable to Sales			85
Depreciation and Amortization			18
Advanced Projects, Research and Development and Exploration			3
Income (Loss) before Income and Mining Tax and Other Items			53
Capital Expenditures			14
Operating Segments | Merian | Continuing Operations
Segment Reporting Information [Line Items]
Sales		155
Costs Applicable to Sales		90
Depreciation and Amortization		19
Advanced Projects, Research and Development and Exploration		4
Income (Loss) before Income and Mining Tax and Other Items		39
Capital Expenditures		18
Operating Segments | Cerro Negro
Segment Reporting Information [Line Items]
Sales			116
Costs Applicable to Sales			70
Depreciation and Amortization			31
Advanced Projects, Research and Development and Exploration			2
Income (Loss) before Income and Mining Tax and Other Items			7
Capital Expenditures			35
Operating Segments | Cerro Negro | Continuing Operations
Segment Reporting Information [Line Items]
Sales		153
Costs Applicable to Sales		63
Depreciation and Amortization		30
Advanced Projects, Research and Development and Exploration		5
Income (Loss) before Income and Mining Tax and Other Items		51
Capital Expenditures		46
Operating Segments | Yanacocha
Segment Reporting Information [Line Items]
Sales			100
Costs Applicable to Sales			56
Depreciation and Amortization			16
Advanced Projects, Research and Development and Exploration			3
Income (Loss) before Income and Mining Tax and Other Items			0
Capital Expenditures			63
Operating Segments | Yanacocha | Continuing Operations
Segment Reporting Information [Line Items]
Sales		186
Costs Applicable to Sales		88
Depreciation and Amortization		28
Advanced Projects, Research and Development and Exploration		2
Income (Loss) before Income and Mining Tax and Other Items		20
Capital Expenditures		24
Operating Segments | Boddington
Segment Reporting Information [Line Items]
Sales			491
Costs Applicable to Sales			220
Depreciation and Amortization			37
Advanced Projects, Research and Development and Exploration			2
Income (Loss) before Income and Mining Tax and Other Items			233
Capital Expenditures			37
Operating Segments | Boddington | Continuing Operations
Segment Reporting Information [Line Items]
Sales		376
Costs Applicable to Sales		192
Depreciation and Amortization		35
Advanced Projects, Research and Development and Exploration		1
Income (Loss) before Income and Mining Tax and Other Items		157
Capital Expenditures		28
Operating Segments | Boddington | Gold
Segment Reporting Information [Line Items]
Sales			381
Costs Applicable to Sales			167
Depreciation and Amortization			28
Operating Segments | Boddington | Gold | Continuing Operations
Segment Reporting Information [Line Items]
Sales		299
Costs Applicable to Sales		144
Depreciation and Amortization		26
Operating Segments | Boddington | Copper
Segment Reporting Information [Line Items]
Sales			110
Costs Applicable to Sales			53
Depreciation and Amortization			9
Operating Segments | Boddington | Copper | Continuing Operations
Segment Reporting Information [Line Items]
Sales		77
Costs Applicable to Sales		48
Depreciation and Amortization		9
Operating Segments | Tanami
Segment Reporting Information [Line Items]
Sales			123
Costs Applicable to Sales			61
Depreciation and Amortization			19
Advanced Projects, Research and Development and Exploration			4
Income (Loss) before Income and Mining Tax and Other Items			40
Capital Expenditures			74
Operating Segments | Tanami | Continuing Operations
Segment Reporting Information [Line Items]
Sales		188
Costs Applicable to Sales		82
Depreciation and Amortization		25
Advanced Projects, Research and Development and Exploration		8
Income (Loss) before Income and Mining Tax and Other Items		82
Capital Expenditures		85
Operating Segments | Cadia | Continuing Operations
Segment Reporting Information [Line Items]
Sales		415
Costs Applicable to Sales		141
Depreciation and Amortization		55
Advanced Projects, Research and Development and Exploration		5
Income (Loss) before Income and Mining Tax and Other Items		222
Capital Expenditures		111
Operating Segments | Cadia | Gold | Continuing Operations
Segment Reporting Information [Line Items]
Sales		248
Costs Applicable to Sales		74
Depreciation and Amortization		28
Operating Segments | Cadia | Copper | Continuing Operations
Segment Reporting Information [Line Items]
Sales		167
Costs Applicable to Sales		67
Depreciation and Amortization		27
Operating Segments | Lihir | Continuing Operations
Segment Reporting Information [Line Items]
Sales		377
Costs Applicable to Sales		171
Depreciation and Amortization		35
Advanced Projects, Research and Development and Exploration		6
Income (Loss) before Income and Mining Tax and Other Items		163
Capital Expenditures		55
Operating Segments | Ahafo
Segment Reporting Information [Line Items]
Sales			249
Costs Applicable to Sales			130
Depreciation and Amortization			39
Advanced Projects, Research and Development and Exploration			6
Income (Loss) before Income and Mining Tax and Other Items			71
Capital Expenditures			90
Operating Segments | Ahafo | Continuing Operations
Segment Reporting Information [Line Items]
Sales		381
Costs Applicable to Sales		159
Depreciation and Amortization		51
Advanced Projects, Research and Development and Exploration		5
Income (Loss) before Income and Mining Tax and Other Items		178
Capital Expenditures		90
Operating Segments | NGM
Segment Reporting Information [Line Items]
Sales			491
Costs Applicable to Sales			286
Depreciation and Amortization			106
Advanced Projects, Research and Development and Exploration			7
Income (Loss) before Income and Mining Tax and Other Items			85
Capital Expenditures			84
Operating Segments | NGM | Continuing Operations
Segment Reporting Information [Line Items]
Sales		559
Costs Applicable to Sales		314
Depreciation and Amortization		107
Advanced Projects, Research and Development and Exploration		5
Income (Loss) before Income and Mining Tax and Other Items		128
Capital Expenditures		118
Operating Segments | CC&V
Segment Reporting Information [Line Items]
Sales			91
Costs Applicable to Sales			51
Depreciation and Amortization			7
Advanced Projects, Research and Development and Exploration			3
Income (Loss) before Income and Mining Tax and Other Items			27
Capital Expenditures			10
Operating Segments | CC&V | Discontinued Operations
Segment Reporting Information [Line Items]
Sales		59
Costs Applicable to Sales		40
Depreciation and Amortization		3
Advanced Projects, Research and Development and Exploration		1
Income (Loss) before Income and Mining Tax and Other Items		(92)
Capital Expenditures		5
Operating Segments | Musselwhite
Segment Reporting Information [Line Items]
Sales			83
Costs Applicable to Sales			58
Depreciation and Amortization			19
Advanced Projects, Research and Development and Exploration			1
Income (Loss) before Income and Mining Tax and Other Items			6
Capital Expenditures			14
Operating Segments | Musselwhite | Discontinued Operations
Segment Reporting Information [Line Items]
Sales		101
Costs Applicable to Sales		57
Depreciation and Amortization		18
Advanced Projects, Research and Development and Exploration		2
Income (Loss) before Income and Mining Tax and Other Items		(59)
Capital Expenditures		26
Operating Segments | Porcupine
Segment Reporting Information [Line Items]
Sales			123
Costs Applicable to Sales			70
Depreciation and Amortization			29
Advanced Projects, Research and Development and Exploration			4
Income (Loss) before Income and Mining Tax and Other Items			15
Capital Expenditures			22
Operating Segments | Porcupine | Discontinued Operations
Segment Reporting Information [Line Items]
Sales		125
Costs Applicable to Sales		63
Depreciation and Amortization		23
Advanced Projects, Research and Development and Exploration		2
Income (Loss) before Income and Mining Tax and Other Items		34
Capital Expenditures		40
Operating Segments | Eleonore
Segment Reporting Information [Line Items]
Sales			129
Costs Applicable to Sales			75
Depreciation and Amortization			27
Advanced Projects, Research and Development and Exploration			1
Income (Loss) before Income and Mining Tax and Other Items			26
Capital Expenditures			14
Operating Segments | Eleonore | Discontinued Operations
Segment Reporting Information [Line Items]
Sales		116
Costs Applicable to Sales		80
Depreciation and Amortization		19
Advanced Projects, Research and Development and Exploration		4
Income (Loss) before Income and Mining Tax and Other Items		12
Capital Expenditures		21
Operating Segments | Telfer | Discontinued Operations
Segment Reporting Information [Line Items]
Sales		66
Costs Applicable to Sales		85
Depreciation and Amortization		10
Advanced Projects, Research and Development and Exploration		4
Income (Loss) before Income and Mining Tax and Other Items		(24)
Capital Expenditures		10
Operating Segments | Telfer | Gold | Discontinued Operations
Segment Reporting Information [Line Items]
Sales		59
Costs Applicable to Sales		70
Depreciation and Amortization		8
Operating Segments | Telfer | Copper | Discontinued Operations
Segment Reporting Information [Line Items]
Sales		7
Costs Applicable to Sales		15
Depreciation and Amortization		2
Operating Segments | Akyem
Segment Reporting Information [Line Items]
Sales			148
Costs Applicable to Sales			63
Depreciation and Amortization			29
Advanced Projects, Research and Development and Exploration			3
Income (Loss) before Income and Mining Tax and Other Items			49
Capital Expenditures			10
Operating Segments | Akyem | Discontinued Operations
Segment Reporting Information [Line Items]
Sales		155
Costs Applicable to Sales		76
Depreciation and Amortization		30
Advanced Projects, Research and Development and Exploration		4
Income (Loss) before Income and Mining Tax and Other Items		43
Capital Expenditures		9
Corporate and Other
Segment Reporting Information [Line Items]
Sales			0
Costs Applicable to Sales			0
Depreciation and Amortization			8
Advanced Projects, Research and Development and Exploration			41
Income (Loss) before Income and Mining Tax and Other Items			(95)
Capital Expenditures			$ 6
Corporate and Other | Continuing Operations
Segment Reporting Information [Line Items]
Sales		0
Costs Applicable to Sales		0
Depreciation and Amortization		12
Advanced Projects, Research and Development and Exploration		44
Income (Loss) before Income and Mining Tax and Other Items		(562)
Capital Expenditures		$ 4
[1] Excludes Depreciation and amortization and Reclamation and remediation .

ASSETS AND LIABILITIES HELD F_3

ASSETS AND LIABILITIES HELD FOR SALE - Additional Information (Details) $ in Millions	1 Months Ended	3 Months Ended
	Feb. 29, 2024 asset	Mar. 31, 2024 USD ($) $ / oz asset	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)
Disposal group
Loss on assets held for sale (Note 5)		$ 485	$ 0
Telfer
Disposal group
Noncontrolling interest, ownership percentage by parent		70%
Discontinued Operations, Held-for-Sale | Portfolio Optimization Program
Disposal group
Disposal group, number of non-core assets to be divested | asset	6	6
Net book value of assets held for sale		$ 3,305		$ 3,419
Loss on assets held for sale (Note 5)		352
Discontinued operation, tax effect		133
Discontinued operation, loss (gain) on disposal		$ 485
Discontinued Operations, Held-for-Sale | Portfolio Optimization Program | Measurement Input, Short-Term Gold Price | Valuation, Income Approach
Disposal group
Long-lived and other assets, measurement input | $ / oz		2,175
Discontinued Operations, Held-for-Sale | Portfolio Optimization Program | Measurement Input, Long-Term Gold Price | Valuation, Income Approach
Disposal group
Long-lived and other assets, measurement input | $ / oz		1,700
Discontinued Operations, Held-for-Sale | Portfolio Optimization Program | Discount rate | Valuation, Income Approach | Minimum
Disposal group
Long-lived and other assets, measurement input		0.05875
Discontinued Operations, Held-for-Sale | Portfolio Optimization Program | Discount rate | Valuation, Income Approach | Maximum
Disposal group
Long-lived and other assets, measurement input		0.11875

ASSETS AND LIABILITIES HELD F_4

ASSETS AND LIABILITIES HELD FOR SALE - Schedule of Carrying Values of Assets and Liabilities Held for Sale (Details) - Discontinued Operations, Held-for-Sale - Portfolio Optimization Program $ in Millions	Mar. 31, 2024 USD ($)
Assets held for sale:
Property, plant and mine development, net	$ 4,368
Other assets	1,640
Carrying value of assets held for sale	6,008
Liabilities held for sale:
Reclamation and remediation liabilities	1,591
Other liabilities	760
Carrying value of liabilities held for sale	2,351
Corporate and Other
Assets held for sale:
Property, plant and mine development, net	321
Other assets	1
Carrying value of assets held for sale	322
Liabilities held for sale:
Reclamation and remediation liabilities	3
Other liabilities	3
Carrying value of liabilities held for sale	6
CC&V | Operating Segments
Assets held for sale:
Property, plant and mine development, net	82
Other assets	459
Carrying value of assets held for sale	541
Liabilities held for sale:
Reclamation and remediation liabilities	279
Other liabilities	36
Carrying value of liabilities held for sale	315
Musselwhite | Operating Segments
Assets held for sale:
Property, plant and mine development, net	991
Other assets	38
Carrying value of assets held for sale	1,029
Liabilities held for sale:
Reclamation and remediation liabilities	78
Other liabilities	253
Carrying value of liabilities held for sale	331
Porcupine | Operating Segments
Assets held for sale:
Property, plant and mine development, net	1,366
Other assets	132
Carrying value of assets held for sale	1,498
Liabilities held for sale:
Reclamation and remediation liabilities	543
Other liabilities	209
Carrying value of liabilities held for sale	752
Eleonore | Operating Segments
Assets held for sale:
Property, plant and mine development, net	706
Other assets	162
Carrying value of assets held for sale	868
Liabilities held for sale:
Reclamation and remediation liabilities	83
Other liabilities	58
Carrying value of liabilities held for sale	141
Telfer | Operating Segments
Assets held for sale:
Property, plant and mine development, net	380
Other assets	327
Carrying value of assets held for sale	707
Liabilities held for sale:
Reclamation and remediation liabilities	207
Other liabilities	127
Carrying value of liabilities held for sale	334
Akyem | Operating Segments
Assets held for sale:
Property, plant and mine development, net	522
Other assets	521
Carrying value of assets held for sale	1,043
Liabilities held for sale:
Reclamation and remediation liabilities	398
Other liabilities	74
Carrying value of liabilities held for sale	$ 472

SALES - Schedule of sales by mi

SALES - Schedule of sales by mining operation, product and inventory type (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
SALES
Sales	$ 4,023	$ 2,679
Gold Sales from Doré Production
SALES
Sales	2,681	1,896
Sales from Concentrate and Other Production
SALES
Sales	1,342	783
Operating Segments | Brucejack | Continuing Operations
SALES
Sales	72
Operating Segments | Brucejack | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	49
Operating Segments | Brucejack | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	23
Operating Segments | Red Chris | Continuing Operations
SALES
Sales	62
Operating Segments | Red Chris | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Red Chris | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	62
Operating Segments | Red Chris | Red Chris Gold Subsegment | Continuing Operations
SALES
Sales	16
Operating Segments | Red Chris | Red Chris Gold Subsegment | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Red Chris | Red Chris Gold Subsegment | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	16
Operating Segments | Red Chris | Red Chris Copper Subsegment | Continuing Operations
SALES
Sales	46
Operating Segments | Red Chris | Red Chris Copper Subsegment | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Red Chris | Red Chris Copper Subsegment | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	46
Operating Segments | Peñasquito
SALES
Sales		376
Operating Segments | Peñasquito | Continuing Operations
SALES
Sales	477
Operating Segments | Peñasquito | Gold Sales from Doré Production
SALES
Sales		15
Operating Segments | Peñasquito | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Peñasquito | Sales from Concentrate and Other Production
SALES
Sales		361
Operating Segments | Peñasquito | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	477
Operating Segments | Peñasquito | Penasquito Gold
SALES
Sales		110
Operating Segments | Peñasquito | Penasquito Gold | Continuing Operations
SALES
Sales	92
Operating Segments | Peñasquito | Penasquito Gold | Gold Sales from Doré Production
SALES
Sales		15
Operating Segments | Peñasquito | Penasquito Gold | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Peñasquito | Penasquito Gold | Sales from Concentrate and Other Production
SALES
Sales		95
Operating Segments | Peñasquito | Penasquito Gold | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	92
Operating Segments | Peñasquito | Pensaquito Silver
SALES
Sales		117
Operating Segments | Peñasquito | Pensaquito Silver | Continuing Operations
SALES
Sales	201
Operating Segments | Peñasquito | Pensaquito Silver | Gold Sales from Doré Production
SALES
Sales		0
Operating Segments | Peñasquito | Pensaquito Silver | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Peñasquito | Pensaquito Silver | Sales from Concentrate and Other Production
SALES
Sales		117
Operating Segments | Peñasquito | Pensaquito Silver | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	201
Operating Segments | Peñasquito | Pensaquito Silver | Silver streaming agreement
SALES
Sales	27	16
Operating Segments | Peñasquito | Penasquito Lead
SALES
Sales		32
Operating Segments | Peñasquito | Penasquito Lead | Continuing Operations
SALES
Sales	60
Operating Segments | Peñasquito | Penasquito Lead | Gold Sales from Doré Production
SALES
Sales		0
Operating Segments | Peñasquito | Penasquito Lead | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Peñasquito | Penasquito Lead | Sales from Concentrate and Other Production
SALES
Sales		32
Operating Segments | Peñasquito | Penasquito Lead | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	60
Operating Segments | Peñasquito | Penasquito Zinc
SALES
Sales		117
Operating Segments | Peñasquito | Penasquito Zinc | Continuing Operations
SALES
Sales	124
Operating Segments | Peñasquito | Penasquito Zinc | Gold Sales from Doré Production
SALES
Sales		0
Operating Segments | Peñasquito | Penasquito Zinc | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Peñasquito | Penasquito Zinc | Sales from Concentrate and Other Production
SALES
Sales		117
Operating Segments | Peñasquito | Penasquito Zinc | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	124
Operating Segments | Merian
SALES
Sales		159
Operating Segments | Merian | Continuing Operations
SALES
Sales	155
Operating Segments | Merian | Gold Sales from Doré Production
SALES
Sales		159
Operating Segments | Merian | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	148
Operating Segments | Merian | Sales from Concentrate and Other Production
SALES
Sales		0
Operating Segments | Merian | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	7
Operating Segments | Cerro Negro
SALES
Sales		116
Operating Segments | Cerro Negro | Continuing Operations
SALES
Sales	153
Operating Segments | Cerro Negro | Gold Sales from Doré Production
SALES
Sales		116
Operating Segments | Cerro Negro | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	153
Operating Segments | Cerro Negro | Sales from Concentrate and Other Production
SALES
Sales		0
Operating Segments | Cerro Negro | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	0
Operating Segments | Yanacocha
SALES
Sales		100
Operating Segments | Yanacocha | Continuing Operations
SALES
Sales	186
Operating Segments | Yanacocha | Gold Sales from Doré Production
SALES
Sales		94
Operating Segments | Yanacocha | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	186
Operating Segments | Yanacocha | Sales from Concentrate and Other Production
SALES
Sales		6
Operating Segments | Yanacocha | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	0
Operating Segments | Boddington
SALES
Sales		491
Operating Segments | Boddington | Continuing Operations
SALES
Sales	376
Operating Segments | Boddington | Gold Sales from Doré Production
SALES
Sales		93
Operating Segments | Boddington | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	74
Operating Segments | Boddington | Sales from Concentrate and Other Production
SALES
Sales		398
Operating Segments | Boddington | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	302
Operating Segments | Boddington | Boddington Gold
SALES
Sales		381
Operating Segments | Boddington | Boddington Gold | Continuing Operations
SALES
Sales	299
Operating Segments | Boddington | Boddington Gold | Gold Sales from Doré Production
SALES
Sales		93
Operating Segments | Boddington | Boddington Gold | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	74
Operating Segments | Boddington | Boddington Gold | Sales from Concentrate and Other Production
SALES
Sales		288
Operating Segments | Boddington | Boddington Gold | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	225
Operating Segments | Boddington | Boddington Copper
SALES
Sales		110
Operating Segments | Boddington | Boddington Copper | Continuing Operations
SALES
Sales	77
Operating Segments | Boddington | Boddington Copper | Gold Sales from Doré Production
SALES
Sales		0
Operating Segments | Boddington | Boddington Copper | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Boddington | Boddington Copper | Sales from Concentrate and Other Production
SALES
Sales		110
Operating Segments | Boddington | Boddington Copper | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	77
Operating Segments | Tanami
SALES
Sales		123
Operating Segments | Tanami | Continuing Operations
SALES
Sales	188
Operating Segments | Tanami | Gold Sales from Doré Production
SALES
Sales		123
Operating Segments | Tanami | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	188
Operating Segments | Tanami | Sales from Concentrate and Other Production
SALES
Sales		0
Operating Segments | Tanami | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	0
Operating Segments | Cadia | Continuing Operations
SALES
Sales	415
Operating Segments | Cadia | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	33
Operating Segments | Cadia | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	382
Operating Segments | Cadia | Cadia Gold Subsegment | Continuing Operations
SALES
Sales	248
Operating Segments | Cadia | Cadia Gold Subsegment | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	33
Operating Segments | Cadia | Cadia Gold Subsegment | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	215
Operating Segments | Cadia | Cadia Copper Subsegment | Continuing Operations
SALES
Sales	167
Operating Segments | Cadia | Cadia Copper Subsegment | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	0
Operating Segments | Cadia | Cadia Copper Subsegment | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	167
Operating Segments | Lihir | Continuing Operations
SALES
Sales	377
Operating Segments | Lihir | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	377
Operating Segments | Lihir | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	0
Operating Segments | Ahafo
SALES
Sales		249
Operating Segments | Ahafo | Continuing Operations
SALES
Sales	381
Operating Segments | Ahafo | Gold Sales from Doré Production
SALES
Sales		249
Operating Segments | Ahafo | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	381
Operating Segments | Ahafo | Sales from Concentrate and Other Production
SALES
Sales		0
Operating Segments | Ahafo | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	0
Operating Segments | NGM
SALES
Sales		491
Operating Segments | NGM | Continuing Operations
SALES
Sales	559
Operating Segments | NGM | Gold Sales from Doré Production
SALES
Sales		473
Operating Segments | NGM | Gold Sales from Doré Production | Continuing Operations
SALES
Sales	529
Operating Segments | NGM | Sales from Concentrate and Other Production
SALES
Sales		18
Operating Segments | NGM | Sales from Concentrate and Other Production | Continuing Operations
SALES
Sales	30
Operating Segments | CC&V
SALES
Sales		91
Operating Segments | CC&V | Discontinued Operations
SALES
Sales	59
Operating Segments | CC&V | Gold Sales from Doré Production
SALES
Sales		91
Operating Segments | CC&V | Gold Sales from Doré Production | Discontinued Operations
SALES
Sales	59
Operating Segments | CC&V | Sales from Concentrate and Other Production
SALES
Sales		0
Operating Segments | CC&V | Sales from Concentrate and Other Production | Discontinued Operations
SALES
Sales	0
Operating Segments | Musselwhite
SALES
Sales		83
Operating Segments | Musselwhite | Discontinued Operations
SALES
Sales	101
Operating Segments | Musselwhite | Gold Sales from Doré Production
SALES
Sales		83
Operating Segments | Musselwhite | Gold Sales from Doré Production | Discontinued Operations
SALES
Sales	101
Operating Segments | Musselwhite | Sales from Concentrate and Other Production
SALES
Sales		0
Operating Segments | Musselwhite | Sales from Concentrate and Other Production | Discontinued Operations
SALES
Sales	0
Operating Segments | Porcupine
SALES
Sales		123
Operating Segments | Porcupine | Discontinued Operations
SALES
Sales	125
Operating Segments | Porcupine | Gold Sales from Doré Production
SALES
Sales		123
Operating Segments | Porcupine | Gold Sales from Doré Production | Discontinued Operations
SALES
Sales	125
Operating Segments | Porcupine | Sales from Concentrate and Other Production
SALES
Sales		0
Operating Segments | Porcupine | Sales from Concentrate and Other Production | Discontinued Operations
SALES
Sales	0
Operating Segments | Eleonore
SALES
Sales		129
Operating Segments | Eleonore | Discontinued Operations
SALES
Sales	116
Operating Segments | Eleonore | Gold Sales from Doré Production
SALES
Sales		129
Operating Segments | Eleonore | Gold Sales from Doré Production | Discontinued Operations
SALES
Sales	116
Operating Segments | Eleonore | Sales from Concentrate and Other Production
SALES
Sales		0
Operating Segments | Eleonore | Sales from Concentrate and Other Production | Discontinued Operations
SALES
Sales	0
Operating Segments | Telfer | Discontinued Operations
SALES
Sales	66
Operating Segments | Telfer | Gold Sales from Doré Production | Discontinued Operations
SALES
Sales	7
Operating Segments | Telfer | Sales from Concentrate and Other Production | Discontinued Operations
SALES
Sales	59
Operating Segments | Telfer | Telfer Gold Subsegment | Discontinued Operations
SALES
Sales	59
Operating Segments | Telfer | Telfer Gold Subsegment | Gold Sales from Doré Production | Discontinued Operations
SALES
Sales	7
Operating Segments | Telfer | Telfer Gold Subsegment | Sales from Concentrate and Other Production | Discontinued Operations
SALES
Sales	52
Operating Segments | Telfer | Telfer Copper Subsegment | Discontinued Operations
SALES
Sales	7
Operating Segments | Telfer | Telfer Copper Subsegment | Gold Sales from Doré Production | Discontinued Operations
SALES
Sales	0
Operating Segments | Telfer | Telfer Copper Subsegment | Sales from Concentrate and Other Production | Discontinued Operations
SALES
Sales	7
Operating Segments | Akyem
SALES
Sales		148
Operating Segments | Akyem | Discontinued Operations
SALES
Sales	155
Operating Segments | Akyem | Gold Sales from Doré Production
SALES
Sales		148
Operating Segments | Akyem | Gold Sales from Doré Production | Discontinued Operations
SALES
Sales	155
Operating Segments | Akyem | Sales from Concentrate and Other Production
SALES
Sales		0
Operating Segments | Akyem | Sales from Concentrate and Other Production | Discontinued Operations
SALES
Sales	0
Eliminations | NGM
SALES
Sales	$ 530	$ 481

SALES - Provisional Sales (Deta

SALES - Provisional Sales (Details) oz in Thousands, lb in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($) lb oz $ / lb $ / oz	Mar. 31, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
Increase (decrease) to sales from provisional pricing mark-to-market | $	$ 40	$ 22
Gold
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | oz	209
Average provisional price (in dollars per ounce or pound) | $ / oz	2,222
Copper
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | lb	76
Average provisional price (in dollars per ounce or pound) | $ / lb	3.99
Silver
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | oz	5,000
Average provisional price (in dollars per ounce or pound) | $ / oz	24.82
Lead
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | lb	46
Average provisional price (in dollars per ounce or pound) | $ / lb	0.92
Zinc
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | lb	87
Average provisional price (in dollars per ounce or pound) | $ / lb	1.10
Molybdenum
SALES
Provisionally priced sales subject to final pricing (in ounces or pounds) | lb	1
Average provisional price (in dollars per ounce or pound) | $ / lb	19.81

RECLAMATION AND REMEDIATION - E

RECLAMATION AND REMEDIATION - Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Reclamation and remediation expense
Reclamation adjustments and other	$ 3
Reclamation accretion	85	$ 60
Remediation accretion	2	2
Reclamation and remediation	98	66
Reclamation and remediation
Reclamation and remediation expense
Reclamation adjustments and other		2
Reclamation accretion		60
Reclamation expense	88	62
Remediation adjustments and other	8	2
Remediation accretion	2	2
Remediation expense	$ 10	$ 4

RECLAMATION AND REMEDIATION - R

RECLAMATION AND REMEDIATION - Reconciliation of Obligation (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Change in reclamation liability
Balance at beginning of period	$ 8,385	$ 6,731
Additions, changes in estimates and other	0	0
Payments, net	(53)	(41)
Accretion expense	85	60
Reclassification to current liabilities held for sale	(1,571)	0
Balance at end of period	6,846	6,750
Change in remediation liability
Balance at beginning of period	401	373
Additions, changes in estimates and other	5	0
Payments, net	(6)	(5)
Accretion expense	2	2
Reclassification to current liabilities held for sale	(20)	0
Balance at end of period	$ 382	$ 370

RECLAMATION AND REMEDIATION - L

RECLAMATION AND REMEDIATION - Liability Classifications (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Reclamation and remediation expense
Reclamation liabilities, current	$ 510	$ 558
Reclamation liabilities, non-current	6,336	7,827
Reclamation obligations, operating properties	6,846	8,385	$ 6,750	$ 6,731
Remediation liabilities, current	66	61
Remediation liabilities, non-current	316	340
Total remediation liabilities	382	401	$ 370	$ 373
Total reclamation and remediation liabilities, current	576	619
Total reclamation and remediation liabilities, non-current	6,652	8,167
Total reclamation and remediation liabilities	7,228	8,786
Minera Yanacocha
Reclamation and remediation expense
Reclamation obligations, operating properties	$ 4,808	$ 4,804

RECLAMATION AND REMEDIATION - N

RECLAMATION AND REMEDIATION - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Other Noncurrent Assets
Reclamation and remediation expense
Asset retirement obligation restricted assets	$ 32	$ 81
Other Noncurrent Assets | Marketable equity securities | Yanacocha
Reclamation and remediation expense
Asset retirement obligation restricted assets	20	$ 21
Discontinued Operations, Held-for-Sale | Portfolio Optimization Program
Reclamation and remediation expense
Disposal group, including discontinued operation, restricted cash and restricted cash equivalents	$ 53

OTHER EXPENSE, NET (Details)

OTHER EXPENSE, NET (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating Costs and Expenses [Abstract]
Newcrest transaction and integration costs	$ 29	$ 0
Settlement costs	21	0
Impairment charges	12	4
Restructuring and severance	6	2
Other	5	2
Other expense, net	$ 73	$ 8

OTHER INCOME (LOSS), NET (Detai

OTHER INCOME (LOSS), NET (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Other Income, Net [Line Items]
Interest income	$ 39	$ 36
Change in fair value of investments	31	41
Foreign currency exchange, net	28	(11)
Insurance proceeds	10	0
Other	4	(3)
Other income (loss), net	121	$ 99
Triple Flag
Other Income, Net [Line Items]
Ownership interest (as a percent)		7.50%
Maverix
Other Income, Net [Line Items]
Ownership interest (as a percent)		28.50%
Gain on sale of equity method investment		$ 36
Ahafo
Other Income, Net [Line Items]
Insurance proceeds	10
Disposed of by sale, not discontinued operations
Other Income, Net [Line Items]
Gain (loss) on asset and investment sales, net	$ 9	$ 36

INCOME AND MINING TAXES - Recon

INCOME AND MINING TAXES - Reconciliation Of U.S. Federal Statutory Tax Rate To Company’s Effective Income Tax Rate (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income (loss) before income and mining tax and other items	$ 428	$ 539
Reconciling item, percentage
U.S. Federal statutory tax rate	21%	21%
Change in valuation allowance on deferred tax assets	(15.00%)	2%
Foreign rate differential	15%	8%
Mining and other taxes (net of associated federal benefit)	10%	5%
Tax impact of foreign exchange	7%	3%
Akyem recognition of DTL for assets held for sale	0.27	0
Other	(4.00%)	1%
Income and mining tax expense (benefit)	61%	40%
Reconciling item, amount
U.S. Federal statutory tax rate	$ 90	$ 113
Change in valuation allowance on deferred tax assets	(65)	9
Foreign rate differential	63	43
Mining and other taxes (net of associated federal benefit)	43	29
Tax impact of foreign exchange	30	18
Akyem recognition of DTL for assets held for sale	117	0
Other	(18)	1
Income and mining tax expense (benefit)	$ 260	$ 213

FAIR VALUE ACCOUNTING - Recurri

FAIR VALUE ACCOUNTING - Recurring Basis (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Carrying value
Liabilities:
Debt	$ 8,933	$ 8,874
Assets held for sale (Note 5) (1)	1,541
Level 3
Assets:
Long-lived assets		22
Recurring
Assets:
Cash and cash equivalents	2,336	3,002
Restricted cash	45	98
Assets held for sale (Note 5) (1)	1,541
Long-lived assets		22
Derivative assets	526	642
Total assets	5,509	4,771
Liabilities:
Debt	8,891	8,975
Derivative liabilities	5	5
Total liabilities	8,896	8,980
Recurring | Discontinued Operations, Held-for-Sale | Portfolio Optimization Program
Assets:
Assets held for sale (Note 5) (1)	888
Recurring | Level 1
Assets:
Cash and cash equivalents	2,336	3,002
Restricted cash	45	98
Assets held for sale (Note 5) (1)	0
Long-lived assets		0
Derivative assets	0	0
Total assets	2,670	3,364
Liabilities:
Debt	0	0
Derivative liabilities	0	0
Total liabilities	0	0
Recurring | Level 2
Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Assets held for sale (Note 5) (1)	0
Long-lived assets		0
Derivative assets	1	7
Total assets	773	750
Liabilities:
Debt	8,891	8,975
Derivative liabilities	0	0
Total liabilities	8,891	8,975
Recurring | Level 3
Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Assets held for sale (Note 5) (1)	1,541
Long-lived assets		22
Derivative assets	525	635
Total assets	2,066	657
Liabilities:
Debt	0	0
Derivative liabilities	5	5
Total liabilities	5	5
Recurring | Trade receivables from provisional concentrate sales, net
Assets:
Trade receivables from provisional concentrate sales, net	763	734
Recurring | Trade receivables from provisional concentrate sales, net  | Level 1
Assets:
Trade receivables from provisional concentrate sales, net	0	0
Recurring | Trade receivables from provisional concentrate sales, net  | Level 2
Assets:
Trade receivables from provisional concentrate sales, net	763	734
Recurring | Trade receivables from provisional concentrate sales, net  | Level 3
Assets:
Trade receivables from provisional concentrate sales, net	0	0
Recurring | Marketable and other equity securities
Assets:
Marketable and other equity securities (Note 13)	278	252
Recurring | Marketable and other equity securities | Level 1
Assets:
Marketable and other equity securities (Note 13)	269	243
Recurring | Marketable and other equity securities | Level 2
Assets:
Marketable and other equity securities (Note 13)	9	9
Recurring | Marketable and other equity securities | Level 3
Assets:
Marketable and other equity securities (Note 13)	0	0
Recurring | Restricted marketable debt securities
Assets:
Restricted investments	20	21
Recurring | Restricted marketable debt securities | Level 1
Assets:
Restricted investments	20	21
Recurring | Restricted marketable debt securities | Level 2
Assets:
Restricted investments	0	0
Recurring | Restricted marketable debt securities | Level 3
Assets:
Restricted investments	$ 0	$ 0

FAIR VALUE ACCOUNTING - Additio

FAIR VALUE ACCOUNTING - Additional Information (Details) - asset	1 Months Ended	3 Months Ended
	Feb. 29, 2024	Mar. 31, 2024
Discontinued Operations, Held-for-Sale | Portfolio Optimization Program
Disposal group
Disposal group, number of non-core assets to be divested	6	6

FAIR VALUE ACCOUNTING - Quantit

FAIR VALUE ACCOUNTING - Quantitative Information (Details) $ in Millions	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Quantitative and Qualitative Information - Unobservable Inputs
Assets held for sale	$ 1,541
Contingent consideration liabilities	8	$ 8
Level 3
Quantitative and Qualitative Information - Unobservable Inputs
Long-lived assets		22
Continental conversion option		424
Contingent consideration assets	139	211
Contingent consideration liabilities	5	$ 5
Level 3 | Designated Hedge
Quantitative and Qualitative Information - Unobservable Inputs
Continental conversion option	116
Level 3 | Not Designated as Hedging Instrument
Quantitative and Qualitative Information - Unobservable Inputs
Continental conversion option	$ 270
Level 3 | Monte Carlo | Minimum | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration assets, measurement input	8.04%	8.04%
Level 3 | Monte Carlo | Maximum | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration assets, measurement input	26.43%	26.43%
Level 3 | Monte Carlo | Weighted Average | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Contingent consideration assets, measurement input	11.52%	11.18%
Level 3 | Discounted cash flow | Minimum | Forward gold prices (per ounce) | Designated Hedge
Quantitative and Qualitative Information - Unobservable Inputs
Derivative asset, measurement input	43
Level 3 | Discounted cash flow | Minimum | Forward gold prices (per ounce) | Not Designated as Hedging Instrument
Quantitative and Qualitative Information - Unobservable Inputs
Derivative asset, measurement input	1,860
Level 3 | Discounted cash flow | Minimum | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Derivative asset, measurement input		0.0628
Contingent consideration liabilities, measurement input	0.0482	0.0491
Level 3 | Discounted cash flow | Maximum | Forward gold prices (per ounce) | Designated Hedge
Quantitative and Qualitative Information - Unobservable Inputs
Derivative asset, measurement input	321
Level 3 | Discounted cash flow | Maximum | Forward gold prices (per ounce) | Not Designated as Hedging Instrument
Quantitative and Qualitative Information - Unobservable Inputs
Derivative asset, measurement input	2,771
Level 3 | Discounted cash flow | Maximum | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Derivative asset, measurement input		0.1050
Contingent consideration liabilities, measurement input	0.0615	0.0615
Level 3 | Discounted cash flow | Weighted Average | Forward gold prices (per ounce) | Designated Hedge
Quantitative and Qualitative Information - Unobservable Inputs
Derivative asset, measurement input	0.0642
Level 3 | Discounted cash flow | Weighted Average | Forward gold prices (per ounce) | Not Designated as Hedging Instrument
Quantitative and Qualitative Information - Unobservable Inputs
Derivative asset, measurement input	0.1050
Level 3 | Discounted cash flow | Weighted Average | Discount rate
Quantitative and Qualitative Information - Unobservable Inputs
Derivative asset, measurement input		0.0903
Contingent consideration liabilities, measurement input	0.0562	0.0565

FAIR VALUE ACCOUNTING - Changes

FAIR VALUE ACCOUNTING - Changes in the Fair Value of Level 3 Financial Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Summary of changes in Level 3 financial assets
Fair value, beginning of period	$ 635	$ 188
Settlements/reclassifications	(76)
Revaluation	(34)	(1)
Fair value, end of period	525	187
Summary of changes in Level 3 financial liabilities
Fair value, beginning of period	5	3
Settlements/reclassifications	0
Revaluation	0	2
Fair value, end of period	5	5
Other income, net
Summary of changes in Level 3 financial assets
Revaluation	(6)	(7)
Other Comprehensive Income (Loss)
Summary of changes in Level 3 financial assets
Revaluation	(32)
Income (Loss) From Discontinued Operations
Summary of changes in Level 3 financial assets
Revaluation	4	6
Derivative Liabilities
Summary of changes in Level 3 financial liabilities
Fair value, beginning of period	5	3
Settlements/reclassifications	0
Revaluation	0	2
Fair value, end of period	5	5
Derivative Assets
Summary of changes in Level 3 financial assets
Fair value, beginning of period	635	188
Settlements/reclassifications	(76)
Revaluation	(34)	(1)
Fair value, end of period	$ 525	$ 187

DERIVATIVE INSTRUMENTS - Fair V

DERIVATIVE INSTRUMENTS - Fair Values of Instruments Designated as Hedges (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Derivative contracts
Contingent consideration assets	$ 114	$ 198
Non-current derivative assets	412	444
Designated Hedge
Derivative contracts
Contingent consideration assets	2	7
Non-current derivative assets	115	0
Designated Hedge | Non-Contingent Consideration Derivative
Derivative contracts
Non-current derivative assets	115	0
Designated Hedge | Cash Flow Hedges
Derivative contracts
Current derivative assets	114	198
Current derivative liabilities	3	3
Non-current derivative liabilities	5	5
Designated Hedge | Cash Flow Hedges | Other Current Assets
Derivative contracts
Current derivative assets	49	115
Designated Hedge | Cash Flow Hedges | Other Noncurrent Assets
Derivative contracts
Current derivative assets	2	7
Not Designated as Hedging Instrument | Contingent Consideration Derivative
Derivative contracts
Contingent consideration assets	63	76
Non-current derivative assets	76	135
Not Designated as Hedging Instrument | Non-Contingent Consideration Derivative
Derivative contracts
Non-current derivative assets	$ 221	$ 309

DERIVATIVE INSTRUMENTS - Narrat

DERIVATIVE INSTRUMENTS - Narrative (Details) $ in Millions, $ in Millions		6 Months Ended
	Jan. 01, 2024	Sep. 30, 2024 USD ($)	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Oct. 31, 2022 AUD ($)
Derivative contracts
Derivative notional amount					$ 574
Stream Credit Facility Agreement
Derivative contracts
Derivative notional amount			$ 150
Derivative, Fixed Interest Rate			7.50%
Stream Credit Facility Agreement | Forecast | Lundin Gold, Inc.
Derivative contracts
Proceeds from settlement of SCFA		$ 330
Stream Credit Facility Agreement | Not Designated as Hedging Instrument
Derivative contracts
Continental conversion option			$ 270	$ 276
Stream Credit Facility Agreement | Not Designated as Hedging Instrument | Other Current Assets
Derivative contracts
Continental conversion option			49	113
Stream Credit Facility Agreement | Not Designated as Hedging Instrument | Other Noncurrent Assets
Derivative contracts
Continental conversion option			$ 221	$ 163
Cadia Power Purchase Agreement | Not Designated as Hedging Instrument
Derivative contracts
Derivative, term	15 years
Derivative, forecasted purchases, percent	0.40
Lundin Gold, Inc.
Derivative contracts
Ownership interest (as a percent)			31.90%	32%

DERIVATIVE INSTRUMENTS - Deriva

DERIVATIVE INSTRUMENTS - Derivative Assets at Fair Value (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Current hedging instruments	$ 114	$ 198
Non-current derivative assets	412	444
Designated Hedge
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Current hedging instruments	2	7
Non-current derivative assets	115	0
Cadia Power Purchase Agreement | Designated Hedge
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Current hedging instruments	1	0
Non-current derivative assets	115	0
Foreign Currency Cash Flow Hedges | Designated Hedge
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Current hedging instruments	$ 1	$ 7

DERIVATIVE INSTRUMENTS - Gain (

DERIVATIVE INSTRUMENTS - Gain (Loss) on Derivatives (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Derivative contracts
Gain (loss) on derivatives	$ 1	$ 1
Interest Rate Contract
Derivative contracts
Gain (loss) on derivatives	$ 1	$ 1

DERIVATIVE INSTRUMENTS - Contin

DERIVATIVE INSTRUMENTS - Contingent Consideration (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Derivative contracts
Contingent consideration assets	$ 139	$ 211
Contingent consideration liabilities	8	8
Batu Hijau and Elang
Derivative contracts
Contingent consideration assets	89	161
Batu Hijau and Elang | Other Current Assets
Derivative contracts
Contingent consideration assets	63	76
Batu Hijau and Elang | Other Noncurrent Assets
Derivative contracts
Contingent consideration assets	26	85
Red Lake
Derivative contracts
Contingent consideration assets	39	39
Cerro Blanco
Derivative contracts
Contingent consideration assets	6	6
Triple Flag (previously Maverix)
Derivative contracts
Contingent consideration assets	4	4
Other Counterparty
Derivative contracts
Contingent consideration assets	1	1
Norte Abierto
Derivative contracts
Contingent consideration liabilities	3	3
Red Chris
Derivative contracts
Contingent consideration liabilities	3	3
Galore Creek
Derivative contracts
Contingent consideration liabilities	$ 2	$ 2

INVESTMENTS - Schedule of Inves

INVESTMENTS - Schedule of Investments (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Investments
Total equity method investments	$ 4,138	$ 4,143
Pueblo Viejo Mine
Investments
Ownership interest (as a percent)	40%
Nueva Union Project
Investments
Ownership interest (as a percent)	50%
Lundin Gold, Inc.
Investments
Ownership interest (as a percent)	31.90%	32%
Norte Abierto Project
Investments
Ownership interest (as a percent)	50%
Restricted marketable debt securities
Investments
Non-current restricted investments	$ 20	$ 21
Investments - current
Investments
Marketable equity securities, current	23	23
Investments - noncurrent
Investments
Marketable equity securities, noncurrent	255	229
Equity method investments	3,883	3,914
Total equity method investments	4,138	4,143
Investments - noncurrent | Pueblo Viejo Mine
Investments
Equity method investments	1,471	1,489
Investments - noncurrent | Nueva Union Project
Investments
Equity method investments	958	959
Investments - noncurrent | Lundin Gold, Inc.
Investments
Equity method investments	925	938
Investments - noncurrent | Norte Abierto Project
Investments
Equity method investments	$ 529	$ 528

INVESTMENTS - Narrative (Detail

INVESTMENTS - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Investments
Equity income (loss) of affiliates	$ 7,000,000	$ 25,000,000
Equity method investment, percentage of gold and silver purchased from investment	50%
Related Party | Pueblo Viejo Mine
Investments
Due to related parties	$ 0		$ 0
Due from related parties	0		0
Related Party | Lundin Gold, Inc.
Investments
Due to related parties	0		13,000,000
Pueblo Viejo Revolving Facility
Investments
Credit facility, amount outstanding	0
Pueblo Viejo Mine
Investments
Equity income (loss) of affiliates	18,000,000	21,000,000
Share of loans included in investment	420,000,000		429,000,000
Interest receivable	$ 12,000,000		$ 14,000,000
Ownership interest (as a percent)	40%
Purchases	$ 122,000,000	$ 117,000,000
Lundin Gold, Inc.
Investments
Ownership interest (as a percent)	31.90%		32%
Purchases	$ 80,000,000

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Inventory, net
Materials and supplies	$ 1,078	$ 1,247
In-process	124	160
Concentrate	98	134
Precious metals	85	122
Inventories	1,385	$ 1,663
Discontinued Operations, Held-for-Sale | Portfolio Optimization Program
Inventory, net
Disposal group, including discontinued operation, inventory, other than stockpiles and ore on leach pads	$ 305

STOCKPILES AND ORE ON LEACH P_3

STOCKPILES AND ORE ON LEACH PADS - Schedule (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Stockpiles And Ore On Leach Pads
Current stockpiles and ore on leach pads	$ 745	$ 979
Non-current stockpiles and ore on leach pads	1,837	1,935
Stockpiles and ore on leach pads	2,582	2,914
Discontinued Operations, Held-for-Sale | Portfolio Optimization Program
Stockpiles And Ore On Leach Pads
Disposal group, including discontinued operation, stockpiles and ore on leach pads	545
Stockpiles
Stockpiles And Ore On Leach Pads
Current stockpiles and ore on leach pads	566	746
Non-current stockpiles and ore on leach pads	1,692	1,532
Stockpiles and ore on leach pads	2,258	2,278
Ore on Leach Pads
Stockpiles And Ore On Leach Pads
Current stockpiles and ore on leach pads	179	233
Non-current stockpiles and ore on leach pads	145	403
Stockpiles and ore on leach pads	$ 324	$ 636

DEBT - Minimum Debt Repayments

DEBT - Minimum Debt Repayments (Details) $ in Millions	Mar. 31, 2024 USD ($)
Scheduled minimum debt repayments
2024 (for the remainder of 2024)	$ 0
2025	0
2026	1,000
2027	0
2028	0
Thereafter	8,274
Total face value of debt	9,274
Unamortized premiums, discounts, and issuance costs	(341)
Net carrying amount	$ 8,933

DEBT - Additional Information (

DEBT - Additional Information (Details) $ in Millions	Mar. 07, 2024 USD ($)	Feb. 21, 2024 USD ($)	Feb. 07, 2024 USD ($)	Mar. 31, 2024 USD ($) bank	Feb. 20, 2024 USD ($)	Feb. 15, 2024 USD ($)	Dec. 31, 2023 USD ($)	Apr. 04, 2019 USD ($)
Debt Instrument [Line Items]
Current maturities of long-term debt				$ 0			$ 1,923
Bilateral Bank Debt Facilities
Debt Instrument [Line Items]
Line of credit facility, number of banks | bank				13
Line of credit facility maximum borrowing capacity				$ 2,000
Current maturities of long-term debt							1,923
Repayments of lines of credit			$ 462
Repayment of debt		$ 1,461
Bilateral Bank Facility Due February 2024
Debt Instrument [Line Items]
Current maturities of long-term debt							462
Bilateral Bank Facility Due March 2024
Debt Instrument [Line Items]
Current maturities of long-term debt							769
Bilateral Bank Facility Due March 2026
Debt Instrument [Line Items]
Current maturities of long-term debt							$ 692
Corporate Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility maximum borrowing capacity					$ 4,000	$ 4,000		$ 3,000
March 2024 Senior Notes | Senior Notes
Debt Instrument [Line Items]
Debt instrument principal amount	$ 2,000
Proceeds from issuance of debt, net	1,980
2026 Senior Notes | Senior Notes
Debt Instrument [Line Items]
Debt instrument principal amount	$ 1,000
Debt instrument, interest rate, stated percentage	5.30%
2034 Senior Notes | Senior Notes
Debt Instrument [Line Items]
Debt instrument principal amount	$ 1,000
Debt instrument, interest rate, stated percentage	5.35%

OTHER LIABILITIES (Details)

OTHER LIABILITIES (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Other current liabilities:
Reclamation and remediation liabilities	$ 576	$ 619
Accrued operating costs	442	473
Accrued capital expenditures	212	320
Stamp duty on Newcrest transaction (3)		316
Other	448	543
Other current liabilities	1,784	2,362
Other non-current liabilities:
Income and mining taxes	175	177
Other	125	139
Other long-term liabilities, total	300	316
Payment of stamp duty tax	291
Newcrest Mining Limited
Other current liabilities:
Stamp duty on Newcrest transaction (3)	29
NGM
Other current liabilities:
Payables to NGM	$ 77	$ 91
NGM
Other non-current liabilities:
Ownership interest (as a percent)	38.50%	38.50%
Barrick Gold Corporation | NGM
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
	Mar. 31, 2024	Mar. 31, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ 29,205	$ 19,533
Gain (loss) in other comprehensive income (loss) before reclassifications	(31)
(Gain) loss reclassified from accumulated other comprehensive income (loss)	1
Other comprehensive income (loss)	(30)	(6)
Balance at end of period	29,075	$ 19,559
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	14
Balance at end of period	(16)
Unrealized Gain (Loss) on Marketable Debt Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(1)
Gain (loss) in other comprehensive income (loss) before reclassifications	0
(Gain) loss reclassified from accumulated other comprehensive income (loss)	0
Other comprehensive income (loss)	0
Balance at end of period	(1)
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	121
Gain (loss) in other comprehensive income (loss) before reclassifications	5
(Gain) loss reclassified from accumulated other comprehensive income (loss)	0
Other comprehensive income (loss)	5
Balance at end of period	126
Pension and Other Post-retirement Benefit Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(36)
Gain (loss) in other comprehensive income (loss) before reclassifications	0
(Gain) loss reclassified from accumulated other comprehensive income (loss)	0
Other comprehensive income (loss)	0
Balance at end of period	(36)
Unrealized Gain (Loss) on Hedge Instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(70)
Gain (loss) in other comprehensive income (loss) before reclassifications	(36)
(Gain) loss reclassified from accumulated other comprehensive income (loss)	1
Other comprehensive income (loss)	(35)
Balance at end of period	$ (105)

NET CHANGE IN OPERATING ASSET_3

NET CHANGE IN OPERATING ASSETS AND LIABILITIES (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Decrease (increase) in operating assets:
Trade and other receivables	$ (84)	$ (25)
Inventories, stockpiles and ore on leach pads	(193)	(171)
Other assets	(7)	19
Increase (decrease) in operating liabilities:
Accounts payable	(91)	19
Reclamation and remediation liabilities	(59)	(46)
Accrued tax liabilities	90	1
Other accrued liabilities (2)	(322)	(159)
Net change in operating assets and liabilities	$ (666)	$ (362)
Stamp duty tax liabilities			$ (316)

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Environmental Matters (Details) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2024 USD ($) plant	Dec. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Loss contingencies
Number of operational water treatment plants | plant	5
Number of water treatment plants to be constructed | plant	2
Remediation liability	$ 382	$ 401	$ 370	$ 373
Porcupine
Loss contingencies
Higher estimated closure costs arising from new closure requirements		$ 46
CC&V
Loss contingencies
Remediation liability				$ 20
Midnite mine and Dawn mill sites
Loss contingencies
Remediation liability	$ 210
Remediation liability assumed (in percent)	100%
Minera Yanacocha
Loss contingencies
Noncontrolling interest, ownership percentage by parent	100%
CC&V
Loss contingencies
Noncontrolling interest, ownership percentage by parent	100%
Dawn Mining Company
Loss contingencies
Noncontrolling interest, ownership percentage by parent	58.19%
Goldcorp
Loss contingencies
Noncontrolling interest, ownership percentage by parent	100%
Cadia
Loss contingencies
Noncontrolling interest, ownership percentage by parent	100%

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Other Legal Matters (Details) $ in Millions							1 Months Ended
	Jan. 09, 2024 USD ($)	Aug. 16, 2021 USD ($)	Dec. 24, 2018 plaintiff co-defendant	Feb. 26, 2014 USD ($)	Sep. 24, 2012 USD ($)	Apr. 08, 2008	Aug. 31, 2020 USD ($)	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Sep. 30, 2007
Loss contingencies
Letters of credit surety bonds and bank guarantees, outstanding								$ 2,218	$ 2,123
Mining and mineral rights | Holt option
Loss contingencies
Purchase of option for mining and mineral rights							$ 75
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
Loss contingencies
Loss contingency, damages awarded, value	$ 0.5
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
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_3

COMMITMENTS AND CONTINGENCIES - Other Commitments and Contingences (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Letters of credit surety bonds and bank guarantees, outstanding	$ 2,218	$ 2,123