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FINANCIAL INSTRUMENTS (Unrealized gains losses) (Details) (Commodity Contract [Member], USD $) In Millions, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Embedded derivatives in provisional sales contracts [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Atlantic Copper [Member] | Amounts recorded in Sales [Member] |  |  |  |  |  |
Realized gains (losses): |  |  |  |  |  |
Realized and unrealized gains (losses) | $ (136) | [1] | $ 77 | [1] | $ (519) | [1]
Crude Oil Options [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Plains Exploration & Production Company [Member] | Amounts recorded in Sales [Member] |  |  |  |  |  |
Realized gains (losses): |  |  |  |  |  |
Realized and unrealized gains (losses) | (344) | [1] | 0 | [1] | 0 | [1]
Natural Gas Swaps [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Plains Exploration & Production Company [Member] | Amounts recorded in Sales [Member] |  |  |  |  |  |
Realized gains (losses): |  |  |  |  |  |
Realized and unrealized gains (losses) | 10 | [1] | 0 | [1] | 0 | [1]
Copper Forward Contracts [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Atlantic Copper [Member] | Amounts recorded in Cost of Sales [Member] |  |  |  |  |  |
Realized gains (losses): |  |  |  |  |  |
Realized and unrealized gains (losses) | 3 | [2] | 15 | [2] | (2) | [2]
Fair Value Hedging [Member] | Amounts recorded in Sales [Member] |  |  |  |  |  |
Unrealized gains (losses): |  |  |  |  |  |
Derivative financial instruments | 1 |  | 15 |  | (28) |
Hedged item | (1) |  | (15) |  | 28 |
Realized gains (losses): |  |  |  |  |  |
Matured derivative financial instruments | $ (17) |  | $ (2) |  | $ (28) |
[1] | Amounts recorded in revenues.
[2] | Amounts recorded in cost of sales as production and delivery costs.

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- Definition Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986 + Details
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- Definition Amount of the increase (decrease) in fair value of the hedged item in a fair value hedge recognized in the income statement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986 + Details
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a),(c),(d),(e) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
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- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
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