XML 28 R50.htm IDEA: XBRL DOCUMENT v2.4.1.9
EARNINGS PER SHARE (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended 0 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Nov. 30, 2014
Dec. 01, 2014
Basic EPS          
Net income / (loss) $ (1,434)us-gaap_NetIncomeLoss $ 869us-gaap_NetIncomeLoss $ 699us-gaap_NetIncomeLoss    
Net income / (loss) allocated to participating securities   (14)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic (11)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic    
Net income / (loss) net of participating securities (1,434)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 855us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 688us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic    
Weighed average common shares outstanding - basic 381.9us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 381.8us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 381.8us-gaap_WeightedAverageNumberOfSharesOutstandingBasic    
Basic EPS (in dollars per share) $ (3.75)us-gaap_EarningsPerShareBasic $ 2.24us-gaap_EarningsPerShareBasic $ 1.80us-gaap_EarningsPerShareBasic    
Diluted EPS          
Net income / (loss) (1,434)us-gaap_NetIncomeLoss 869us-gaap_NetIncomeLoss 699us-gaap_NetIncomeLoss    
Net income / (loss) allocated to participating securities   (14)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic (11)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic    
Net income / (loss) net of participating securities $ (1,434)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 855us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 688us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic    
Weighed average common shares outstanding - basic 381.9us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 381.8us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 381.8us-gaap_WeightedAverageNumberOfSharesOutstandingBasic    
Dilutive effect of potentially dilutive securities 0us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements        
Total diluted weighted average common shares 381.9us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 381.8us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 381.8us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding    
Diluted EPS (in dollars per share) $ (3.75)us-gaap_EarningsPerShareDiluted $ 2.24us-gaap_EarningsPerShareDiluted $ 1.80us-gaap_EarningsPerShareDiluted    
Weighted-average basic shares         381.8us-gaap_SharesOutstanding
Occidental Petroleum And Subsidiaries | Spinoff - CRC          
Diluted EPS          
Common stock distributed to Occidental stockholders       381.4crc_NumberOfSharesDistributedToShareHoldersUponSpinOff
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= crc_OccidentalPetroleumAndSubsidiariesMember
/ us-gaap_RestructuringCostAndReserveAxis
= us-gaap_SpinoffMember
 
Percentage of outstanding shares of common stock retained by Occidental       18.50%us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= crc_OccidentalPetroleumAndSubsidiariesMember
/ us-gaap_RestructuringCostAndReserveAxis
= us-gaap_SpinoffMember