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SEGMENTS - Schedule of Industry Segments and Eliminations (Details)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
segment
Jun. 30, 2023
USD ($)
Segment Information        
Number of operating segments | segment     3  
Net sales $ 6,817 $ 6,702 $ 12,792 $ 13,927
Income (loss) before income taxes 1,635 1,327 2,645 3,061
Income tax expense (465) (467) (769) (938)
Income from continuing operations 1,170 860 1,876 2,123
Income from equity investments and other 242 185 543 285
Acquisition-related costs 14 0 26 0
Income tax charges, contract renewal (20)   (20)  
Deferred Income Tax Charge        
Segment Information        
Deferred tax charges, contract renewal   68   68
Oil and gas | Black Butte Coal        
Segment Information        
Impairment of equity method investment   29   29
Oil and gas | Land        
Segment Information        
Impairment and related charges   180   180
Midstream and marketing        
Segment Information        
Mark to market gain (loss) on interest rate swaps 5 48 (86) 40
Operating segments | Oil and gas        
Segment Information        
Net sales 5,469 4,941 10,384 10,266
Income (loss) before income taxes 1,639 1,059 2,877 2,699
Income tax expense 0 0 0 0
Income from continuing operations 1,639 1,059 2,877 2,699
Legal settlement expense (10)   (54)  
Gains related to legal settlements       26
Operating segments | Chemical        
Segment Information        
Net sales 1,274 1,375 2,460 2,780
Income (loss) before income taxes 296 436 550 908
Income tax expense 0 0 0 0
Income from continuing operations 296 436 550 908
Operating segments | Midstream and marketing        
Segment Information        
Net sales 282 616 381 1,367
Income (loss) before income taxes 116 (30) 83 (28)
Income tax expense 0 0 0 0
Income from continuing operations 116 (30) 83 (28)
Operating segments | WES Midstream segment        
Segment Information        
Income from equity investments and other 35   157  
Corporate and eliminations        
Segment Information        
Net sales (208) (230) (433) (486)
Income (loss) before income taxes (416) (138) (865) (518)
Income tax expense (465) (467) (769) (938)
Income from continuing operations (881) (605) (1,634) (1,456)
Acquisition and financing related costs 29   85  
Corporate and eliminations | Maxus Filed Bankruptcy        
Segment Information        
Gains related to legal settlements   $ 260   $ 260
Corporate and eliminations | CrownRock Acquisition        
Segment Information        
Financing costs $ 15   $ 59