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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Dec. 31, 2014
Nov. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Basic EPS calculation            
Net income / (loss)     $ (68) $ 246 $ (168) $ 469
Net income / (loss) allocated to participating securities       (4)   (8)
Net income / (loss) available to common stockholders     $ (68) $ 242 $ (168) $ 461
Weighed average common shares outstanding - basic     382.7 381.8 382.4 381.8
Basic EPS (in dollars per share)     $ (0.18) $ 0.63 $ (0.44) $ 1.21
Diluted EPS calculation            
Net income / (loss)     $ (68) $ 246 $ (168) $ 469
Net income / (loss) allocated to participating securities       (4)   (8)
Net income / (loss) available to common stockholders     $ (68) $ 242 $ (168) $ 461
Weighed average common shares outstanding - basic     382.7 381.8 382.4 381.8
Weighted average common shares outstanding - diluted     382.7 381.8 382.4 381.8
Diluted EPS (in dollars per share)     $ (0.18) $ 0.63 $ (0.44) $ 1.21
Employee Stock Purchase Plan            
Diluted EPS calculation            
Common stock issued under employee stock purchase plan     365,000   735,000  
Occidental Petroleum And Subsidiaries | Spinoff - CRC            
Diluted EPS calculation            
Common stock issued upon Spin-off   381,400,000        
Weighted average basic share count for periods presented prior to Spin-off 381,800,000