XML 50 R35.htm IDEA: XBRL DOCUMENT v3.5.0.2
Fair Value Measurements (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Jun. 30, 2016
Fair Value - Other Financial Instruments    
Carrying value of debt, net of unamortized discount $ 8,300 $ 8,300
Midstream    
Fair Value - Other Financial Instruments    
Net book value of impaired assets 891  
Pre-tax impairment charges 841  
Impaired proved oil and gas assets - domestic    
Fair Value - Other Financial Instruments    
Net book value of impaired assets 1,655  
Pre-tax impairment charges 1,030  
Impaired proved oil and gas assets - international    
Fair Value - Other Financial Instruments    
Net book value of impaired assets 7,359  
Pre-tax impairment charges 4,693  
Property, plant, and equipment | Chemical    
Fair Value - Other Financial Instruments    
Net book value of impaired assets 124  
Pre-tax impairment charges 121  
Level 2    
Fair Value - Other Financial Instruments    
Debt estimated fair value   273
Level 3 | Midstream    
Fair Value - Other Financial Instruments    
Assets, Fair value, nonrecurring 50  
Level 3 | Impaired proved oil and gas assets - domestic    
Fair Value - Other Financial Instruments    
Assets, Fair value, nonrecurring 625  
Level 3 | Impaired proved oil and gas assets - international    
Fair Value - Other Financial Instruments    
Assets, Fair value, nonrecurring 2,666  
Level 3 | Property, plant, and equipment | Chemical    
Fair Value - Other Financial Instruments    
Assets, Fair value, nonrecurring 3  
Total Fair Value    
Fair Value - Other Financial Instruments    
Debt estimated fair value 8,400 9,100
Recurring | Level 1    
Assets:    
Commodity derivatives 557 94
Available for sale investment 167  
Liabilities:    
Commodity derivatives 544 116
Recurring | Level 2    
Assets:    
Commodity derivatives 87 31
Liabilities:    
Commodity derivatives 404 304
Recurring | Netting and Collateral    
Assets:    
Commodity derivatives (535) (85)
Liabilities:    
Commodity derivatives (525) (100)
Recurring | Total Fair Value    
Assets:    
Commodity derivatives 109 40
Available for sale investment 167  
Liabilities:    
Commodity derivatives $ 423 $ 320
Non recurring | Low end of range    
Fair Value - Other Financial Instruments    
Risk adjusted discount rate 8.00%  
Non recurring | High end of range    
Fair Value - Other Financial Instruments    
Risk adjusted discount rate 20.00%