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INVESTMENTS AND RELATED-PARTY TRANSACTIONS (Details) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Jun. 30, 2023
Equity Method Investments        
Equity method investment amounts $ 3,224 $ 3,176    
Deferred credits and other liabilities 15,975 15,097    
Dividends received as return on investment 708 643 $ 652  
Cumulative undistributed earnings 613 594    
Excess of investments in equity investees over the underlying equity in net assets 424      
Excess of investments in equity investees over the underlying equity in net assets, which represents goodwill 371      
Summarized Results of Operations        
Revenues and other income 28,918 37,095 26,314  
Costs and expenses 23,023 24,088 23,362  
NET INCOME 4,696 13,304 2,322  
Summarized Balance Sheet        
Current assets 8,375 8,886    
Current liabilities 9,148 7,757    
Long-term debt [1] 18,536 19,670    
Other non-current liabilities 15,975 15,097    
Equity 30,250 30,085    
RELATED-PARTY TRANSACTIONS        
Sales 28,257 36,634 25,956  
Purchases 722 948 773  
Services 1,155 1,006 942  
Advances and amounts due from related parties 3,195 4,281    
Amounts due to related parties 3,646 4,029    
Related Party        
RELATED-PARTY TRANSACTIONS        
Sales 256 337 261  
Advances and amounts due from related parties 62 40 57  
Amounts due to related parties 371 306 280  
Equity Method Investment, Nonconsolidated Investee        
Equity Method Investments        
Deferred credits and other liabilities 2,396 1,289 1,187  
Summarized Results of Operations        
Revenues and other income 4,724 6,342 6,252  
Costs and expenses 3,753 4,514 4,569  
NET INCOME 971 1,828 1,683  
Summarized Balance Sheet        
Current assets 4,772 3,482 3,387  
Non-current assets 18,715 15,282 19,341  
Current liabilities 2,547 1,342 1,976  
Long-term debt 9,673 9,512 9,464  
Other non-current liabilities 2,396 1,289 1,187  
Equity 8,870 $ 6,621 $ 10,101  
WES        
Equity Method Investments        
Equity method investment amounts $ 1,928      
Equity method investment ownership percentage 51.00%      
RELATED-PARTY TRANSACTIONS        
Sales to related party (as a percent) 37.00% 42.00% 58.00%  
Purchases from related party (as a percent) 22.00% 24.00% 27.00%  
OxyChem Ingleside Facility        
Equity Method Investments        
Equity method investment amounts $ 539      
Equity method investment ownership percentage 50.00%      
NET Power        
Equity Method Investments        
Equity method investment amounts $ 495     $ 351
Equity method investment ownership percentage 42.20%     42.20%
DEL        
Equity Method Investments        
Equity method investment amounts $ 0      
Equity method investment ownership percentage 24.50%      
Deferred credits and other liabilities $ 252      
Summarized Balance Sheet        
Other non-current liabilities 252      
Other        
Equity Method Investments        
Equity method investment amounts $ 262      
Ingleside Ethylene LLC        
RELATED-PARTY TRANSACTIONS        
Purchases from related party (as a percent) 69.00% 64.00% 70.00%  
WES | Disposal Group, Disposed of by Sale, Not Discontinued Operations        
Equity Method Investments        
Number of shares sold (in shares) 5.1 10.0 14.0  
Gain on sale $ 51 $ 62 $ 102  
[1] Included $591 million and $546 million of finance lease liabilities as of December 31, 2023 and 2022, respectively.