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SEGMENTS - Schedule of Industry Segments and Eliminations (Details)
$ in Millions
3 Months Ended
Mar. 31, 2024
USD ($)
segment
Mar. 31, 2023
USD ($)
Segment Information    
Number of operating segments | segment 3  
Net sales $ 5,975 $ 7,225
Income (loss) before income taxes 1,010 1,734
Income tax expense (304) (471)
Income from continuing operations 706 1,263
Income from equity investments and other 301 100
Acquisition-related costs 12 0
Operating segments | Oil and gas    
Segment Information    
Net sales 4,915 5,325
Income (loss) before income taxes 1,238 1,640
Income tax expense 0 0
Income from continuing operations 1,238 1,640
Legal settlement expense 44  
Gains related to legal settlements   26
Operating segments | Chemical    
Segment Information    
Net sales 1,186 1,405
Income (loss) before income taxes 254 472
Income tax expense 0 0
Income from continuing operations 254 472
Operating segments | Midstream and marketing    
Segment Information    
Net sales 99 751
Income (loss) before income taxes (33) 2
Income tax expense 0 0
Income from continuing operations (33) 2
Income from equity investments and other 122  
Loss on derivative instrument 91  
Impairment of equity method investment   26
Corporate and eliminations    
Segment Information    
Net sales (225) (256)
Income (loss) before income taxes (449) (380)
Income tax expense (304) (471)
Income from continuing operations (753) $ (851)
Acquisition-related costs 56  
Corporate and eliminations | CrownRock Acquisition    
Segment Information    
Financing costs 44  
Transaction costs $ 12