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Basis of Presentation (Details) (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Dec. 31, 2011
Other Revenues [Abstract]      
Other Revenues $ 0 [1] $ 21 [1]  
Production Expense      
Lease Operating Expense 118 92  
Production and Ad Valorem Taxes 38 32  
Transportation and Gathering Expense 23 18  
Total 179 142  
Other Operating (Income) Expense, Net      
Deepwater Gulf of Mexico Moratorium Expense 0 [2] 18 [2]  
Electricity Generation Expense 0 [1] 17 [1]  
Other, Net 12 1  
Total 12 36  
Other Non-Operating (Income) Expense, Net      
Deferred Compensation Expense 3 [3] 10 [3]  
Interest Income 0 (3)  
Other (Income) Expense, Net (4) 1  
Total (1) 8  
Accounts Receivable, Net      
Commodity Sales 467   356
Joint Interest Billings 344   313
Other 117   123
Allowance for Doubtful Accounts (9)   (9)
Total 919   783
Other Current Assets      
Inventories, Current 77   78
Commodity Derivative Assets, Current 17   10
Deferred Income Taxes, Net, Current 159 [4]   41 [4]
Probable Insurance Claims 22 [5]   15 [5]
Prepaid Expenses and Other Assets, Current 55   36
Total 330   180
Other Noncurrent Assets      
Equity Method Investments 376   329
Mutual Fund Investments 108   99
Commodity Derivative Assets, Noncurrent 22   37
Other Assets, Noncurrent 86   83
Total 592   548
Other Current Liabilities      
Production and Ad Valorem Taxes 123   121
Commodity Derivative Liabilities, Current 119   76
Income Taxes Payable 131   127
Asset Retirement Obligations, Current 41   33
Interest Payable 41   56
CONSOL Installment Payment 325 [6]   324 [6]
Current Portion of FPSO Lease Obligation 48   45
Other 123   143
Total 951   925
Other Noncurrent Liabilities      
Deferred Compensation Liabilities, Noncurrent 237   222
Asset Retirement Obligations, Noncurrent 350   344
Accrued Benefit Costs, Noncurrent 90   88
Commodity Derivative Liabilities, Noncurrent 29   7
Other 113   91
Total $ 819   $ 752
Common stock, shares authorized (in shares) 250,000,000   250,000,000
Common stock, shares authorized after April 24th, 2012 (in shares) 500,000,000    
Common stock, par value per share (in dollars per share) $ 3.333   $ 3.333
Common stock, par value per share after April 24th, 2012 (in dollars per share) $ 0.01    
[1] Other revenues for first quarter 2011 consist of electricity sales from the Machala power plant located in Machala, Ecuador. Electricity generation expense includes all operating and non-operating expenses associated with the plant, including depreciation and changes in the allowance for doubtful accounts. In May 2011, we transferred our assets in Ecuador to the Ecuadorian government.
[2] Amount relates to rig stand-by expense incurred prior to receiving a permit to resume drilling activities in the deepwater Gulf of Mexico in 2011.
[3] Amounts represent increases in the fair value of shares of our common stock held in a rabbi trust.
[4] Increase from December 31, 2011 is due to reclassification of deferred income tax assets from long-term to short-term as certain foreign entities are estimated to begin utilizing net operating loss carryforwards in 2012 and 2013.
[5] Amounts represent the costs incurred to date of the Leviathan-2 well in excess of the insurance deductible and insurance proceeds received to date.
[6] See Note 3. Acquisitions and Note 4. Debt.