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DEBT - Credit Facilities (Details)
shares in Thousands, $ in Millions
1 Months Ended 2 Months Ended 3 Months Ended 12 Months Ended
Jan. 31, 2017
USD ($)
Oct. 31, 2016
USD ($)
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Aug. 31, 2016
USD ($)
May 31, 2016
USD ($)
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Dec. 31, 2015
USD ($)
Oct. 31, 2014
USD ($)
Feb. 29, 2016
USD ($)
Dec. 31, 2016
USD ($)
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Dec. 31, 2016
USD ($)
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Dec. 31, 2015
USD ($)
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Dec. 31, 2014
USD ($)
Nov. 01, 2016
USD ($)
Sep. 30, 2016
Debt                          
Outstanding borrowings         $ 6,143     $ 5,268 $ 5,268 $ 6,143      
Repayment of term loan                 350        
Repayment of revolving credit facility                 2,110 1,656 $ 155    
Pre-tax gain on repurchase of debt                 805 20      
Financial performance covenants                          
Debt issuance costs                 $ 51 $ 11 $ 70    
Number of shares issued | shares                 3,725 254      
2014 First Out Credit Facilities (Secured First Lien)                          
Debt                          
Maximum principal amount of unsecured senior notes that may repurchase                 $ 140        
Percent of commitment required to decrease or affirm the borrowing base               67.00% 67.00%        
Number of consecutive redeterminations | item               3 3        
Financial performance covenants                          
Minimum monthly liquidity               $ 250 $ 250        
Liquidity $ 486                        
Percent of proceeds from asset monetization which must be used to repay loans outstanding under the 2014 First Out Credit Facilities                 100.00%        
Maximum percent of proceeds from non-borrowing base asset sales that may be used to repurchase notes                 50.00%        
Percentage of proceeds from non-borrowing base asset sales used to repurchase debt if leverage ratio is less than 4:00 to 1:00                 60.00%        
Maximum additional non-Credit Facility indebtedness                 $ 50        
Amount of cash on hand above which amounts owed under the Revolving Credit Facility must be repaid                 $ 150        
2014 First Out Credit Facilities (Secured First Lien) | One-Month LIBOR                          
Debt                          
Interest rate added to variable rate basis (as a percent)                 1.00%        
2014 First Out Credit Facilities (Secured First Lien) | Federal fund rate                          
Debt                          
Interest rate added to variable rate basis (as a percent)                 0.50%        
2014 First Out Credit Facilities (Secured First Lien) | Quarters ending through June 30, 2017                          
Financial performance covenants                          
First-Lien First-Out Leverage Ratio, maximum               3.50 3.50        
2014 First Out Credit Facilities (Secured First Lien) | Quarters ending through September 30, 2017                          
Financial performance covenants                          
First-Lien First-Out Leverage Ratio, maximum               3.25 3.25        
2014 First Out Credit Facilities (Secured First Lien) | Quarters ending through December 31, 2017                          
Financial performance covenants                          
First-Lien First-Out Leverage Ratio, maximum               3.25 3.25        
Minimum interest expense coverage ratio               1.20 1.20        
2014 First Out Credit Facilities (Secured First Lien) | Quarters ending after first quarter of 2018                          
Financial performance covenants                          
First-Lien First-Out Leverage Ratio, maximum                         2.25
Minimum interest expense coverage ratio               2.00 2.00        
2014 First Out Credit Facilities (Secured First Lien) | Any June 30 and December 31 beginning after December 2016                          
Financial performance covenants                          
First-lien asset coverage ratio               1.20 1.20        
2014 First Out Credit Facilities (Secured First Lien) | 5% Notes Due 2020                          
Debt                          
Threshold amount of remaining outstanding balance of debt above which prepayment on the 2014 First Out Credit Agreement accelerates               $ 100 $ 100        
Financial performance covenants                          
Period before maturity of the specified notes                 182 days        
2016 Second Out Credit Agreement (Secured First Lien)                          
Debt                          
Outstanding borrowings               1,000 $ 1,000        
Original issue discount               $ 10 $ 10        
Percentage of premium to par value of coupon for make-whole premium                 50.00%        
2016 Second Out Credit Agreement (Secured First Lien) | Any June 30 and December 31 beginning after December 2016                          
Financial performance covenants                          
First-lien asset coverage ratio               1.20 1.20        
2016 Second Out Credit Agreement (Secured First Lien) | 5% senior unsecured notes due January 15, 2020 (the 2020 Notes) and 5.50% senior unsecured notes due September 15, 2021 (the 2021 Notes)                          
Debt                          
Outstanding amount that triggers accelerated payment               $ 100 $ 100        
Financial performance covenants                          
Period before maturity of the specified notes                 91 days        
Senior Notes (Secured Second Lien) | 8% Notes Due 2022                          
Debt                          
Interest rate (as a percent)         8.00%     8.00% 8.00% 8.00%      
Outstanding borrowings         $ 2,250     $ 2,250 $ 2,250 $ 2,250      
Financial performance covenants                          
Aggregate principal amount issued         2,250         $ 2,250      
Senior Unsecured Notes                          
Debt                          
Principal amount of debt reduction through payment or repurchase             $ 100            
Repurchase value of the principal amounts             13            
Pre-tax gain on repurchase of debt         $ 560   $ 87            
Financial performance covenants                          
Aggregate principal amount issued           $ 5,000              
Net proceeds from private placement           4,950              
Cash distribution to Occidental in October 2014           4,950              
Percentage of principal amount at which senior notes can be redeemed                 101.00%        
Senior Unsecured Notes | 5% Notes Due 2020                          
Debt                          
Interest rate (as a percent)         5.00%     5.00% 5.00% 5.00%      
Outstanding borrowings         $ 433     $ 193 $ 193 $ 433      
Principal amount of debt reduction through payment or repurchase     $ 197   $ 534         $ 534      
Financial performance covenants                          
Aggregate principal amount issued           1,000              
Senior Unsecured Notes | 5.5% Notes Due 2021                          
Debt                          
Interest rate (as a percent)         5.50%     5.50% 5.50% 5.50%      
Outstanding borrowings         $ 829     $ 135 $ 135 $ 829      
Principal amount of debt reduction through payment or repurchase     605   $ 921         $ 921      
Financial performance covenants                          
Aggregate principal amount issued           $ 1,750              
Senior Unsecured Notes | 6% Notes Due 2024                          
Debt                          
Interest rate (as a percent)         6.00% 6.00%   6.00% 6.00% 6.00%      
Outstanding borrowings         $ 892     $ 193 $ 193 $ 892      
Principal amount of debt reduction through payment or repurchase     613   1,358         1,358      
Financial performance covenants                          
Aggregate principal amount issued           $ 2,250              
Senior Unsecured Notes | 5.50% Notes Due 2021 and 6.00% Notes Due 2024                          
Debt                          
Principal amount of debt reduction through payment or repurchase               11 11        
Repurchase value of the principal amounts               6 $ 6        
Pre-tax gain on repurchase of debt               $ 4          
Minimum | 2014 First Out Credit Facilities (Secured First Lien)                          
Debt                          
Approval percentage measured by total exposure of lenders for approval of increases in borrowing base               80.00% 80.00%        
Financial performance covenants                          
Total leverage ratio                 3.00        
Minimum | 2014 First Out Credit Facilities (Secured First Lien) | LIBOR loans                          
Debt                          
Interest rate added to variable rate basis (as a percent)                 2.50%        
Minimum | 2014 First Out Credit Facilities (Secured First Lien) | Alternate Base Rate loans                          
Debt                          
Interest rate added to variable rate basis (as a percent)                 1.50%        
Maximum | 2014 First Out Credit Facilities (Secured First Lien) | LIBOR loans                          
Debt                          
Interest rate added to variable rate basis (as a percent)                 3.50%        
Maximum | 2014 First Out Credit Facilities (Secured First Lien) | Alternate Base Rate loans                          
Debt                          
Interest rate added to variable rate basis (as a percent)                 2.50%        
Term loan facility | 2014 First Out Credit Facilities (Secured First Lien)                          
Debt                          
Maximum borrowing capacity               $ 650 $ 650        
Outstanding borrowings         1,000     650 650 1,000      
Repayment of term loan                 100        
Prepayment of term loan                 $ 250        
Term loan facility | 2016 Second Out Credit Agreement (Secured First Lien) | LIBOR loans                          
Debt                          
Interest rate added to variable rate basis (as a percent)                 10.375%        
Floor rate (as a percent)                 1.00%        
Revolving credit facility | 2014 First Out Credit Facilities (Secured First Lien)                          
Debt                          
Maximum borrowing capacity               1,400 $ 1,400        
Increase to maximum borrowing capacity with lender approval                 250        
Outstanding borrowings         $ 739     847 847 $ 739      
Repayment of revolving credit facility                 $ 740        
Commitment fees on unused portion of the Revolving Credit Facility                 0.50%        
Revolving credit facility | Letter of Credit                          
Debt                          
Maximum borrowing capacity               400 $ 400        
Revolving credit facility | Senior Unsecured Notes                          
Debt                          
Repurchase value of the principal amounts     750                    
Pre-tax gain on repurchase of debt     $ 660                    
Term loan and Revolving credit facility | 2014 First Out Credit Facilities (Secured First Lien)                          
Debt                          
Maximum borrowing capacity               $ 2,050 $ 2,050        
Borrowing base                       $ 2,300  
May 2016 debt for equity exchange | Senior Unsecured Notes | 5.50% Notes Due 2021 and 6.00% Notes Due 2024                          
Debt                          
Pre-tax gain on repurchase of debt       $ 44                  
Financial performance covenants                          
Number of shares issued | shares       2,100                  
Original debt exchanged       $ 80                  
October 2016 debt exchange for equity | Senior Unsecured Notes | 5.50% Notes Due 2021 and 6.00% Notes Due 2024                          
Debt                          
Pre-tax gain on repurchase of debt   $ 8                      
Financial performance covenants                          
Original debt exchanged   $ 22                      
Number of shares issued for converted debt | shares   1,300