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ACQUISITIONS, DIVESTITURES AND OTHER TRANSACTIONS - Schedule of Revenues and Costs From Discontinued Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Costs and other deductions      
Income from discontinued operations, net of tax $ 262 $ 212 $ 1,364
OxyChem | Held-for-sale      
Revenues and other income      
Net sales 4,368 4,706 5,101
Interest, dividends and other income 0 (21) (14)
Gains on sales of assets and others, net 3 239 0
Total revenues and other income 4,371 4,924 5,087
Costs and other deductions      
Chemical cost of sales 3,099 3,027 3,009
Selling, general and administrative expense 119 102 96
Other operating and non-operating expense 383 262 (81)
Depreciation, depletion and amortization 342 420 416
Asset impairments and other charges 0 925 0
Acquisition-related costs 22 0 0
Other expense, net 16 6 (12)
Total costs and other deductions 3,981 4,742 3,428
Income before income taxes and other items 390 182 1,659
Income from equity investments and other 105 103 108
Income before income taxes 495 285 1,767
Income tax expense (233) (73) (403)
Income from discontinued operations, net of tax $ 262 $ 212 $ 1,364