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SEGMENTS - Schedule of Industry Segments and Eliminations (Details)
$ in Millions
3 Months Ended
Mar. 31, 2023
USD ($)
segment
Mar. 31, 2022
USD ($)
Segment Information    
Number of operating segments | segment 3  
Net sales $ 7,225 $ 8,349
Income (loss) before income taxes 1,734 3,083
Income tax expense (471) 1,793
NET INCOME 1,263 4,876
Gains on sales of assets, net 4 135
Mark-to-market derivative losses 0 (135)
Anadarko acquisition-related costs 0 65
Operating segments | Oil and gas    
Segment Information    
Net sales 5,325 6,075
Income (loss) before income taxes 1,640 2,898
Income tax expense 0 0
NET INCOME 1,640 2,898
Gains related to legal settlements 26  
Operating segments | Oil and gas | Disposed of by sale, not discontinued operations | Permian Basin    
Segment Information    
Gains on sales of assets, net   125
Operating segments | Chemical    
Segment Information    
Net sales 1,405 1,684
Income (loss) before income taxes 472 671
Income tax expense 0 0
NET INCOME 472 671
Operating segments | Midstream and marketing    
Segment Information    
Net sales 751 882
Income (loss) before income taxes 2 (50)
Income tax expense 0 0
NET INCOME 2 (50)
Impairment of equity method investment (26)  
Corporate and eliminations    
Segment Information    
Net sales (256) (292)
Income (loss) before income taxes (380) (436)
Income tax expense (471) 1,793
NET INCOME $ (851) 1,357
Non-cash income tax benefit from reorganization   2,600
Mark to market gain (loss) on interest rate swaps   135
Anadarko acquisition-related costs   65
Corporate and eliminations | Midstream and marketing    
Segment Information    
Mark-to-market derivative losses   $ 198