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Financial Risk Management Activities (Tables)
 9 Months Ended
Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Notional Amounts of Outstanding Financial Risk Management Derivative Contracts
The notional amounts of outstanding financial risk management derivative contracts were as follows:
 September 30,
2021		December 31,
2020
 (In millions)
Commodity - crude oil put options / collars (millions of barrels)54.0 27.4 
Foreign exchange forwards$135 $163 
Interest rate swaps$100 $100 
Fair Values of Financial Risk Management Derivative Instruments
The table below reflects the fair values of risk management derivative instruments.
 AssetsLiabilities
 (In millions)
September 30, 2021  
Derivative Contracts Designated as Hedging Instruments:  
Crude oil put options / collars$106 $— 
Interest rate swaps 4 — 
Total derivative contracts designated as hedging instruments110 — 
Derivative Contracts Not Designated as Hedging Instruments:
Foreign exchange forwards / swaps
1 — 
Total derivative contracts not designated as hedging instruments1 — 
Gross fair value of derivative contracts111 — 
Gross amounts offset in the Consolidated Balance Sheet— — 
Net Amounts Presented in the Consolidated Balance Sheet$111 $— 
December 31, 2020
Derivative Contracts Designated as Hedging Instruments:
Crude oil put options$64 $— 
Crude oil swaps— (54)
Interest rate swaps5 — 
Total derivative contracts designated as hedging instruments69 (54)
Derivative Contracts Not Designated as Hedging Instruments:
Foreign exchange forwards / swaps
— (1)
Total derivative contracts not designated as hedging instruments— (1)
Gross fair value of derivative contracts69 (55)
Gross amounts offset in the Consolidated Balance Sheet(13)13 
Net Amounts Presented in the Consolidated Balance Sheet$56 $(42)