v2.4.0.8

The Spin-Off And Summary Of Significant Accounting Policies (Details) (USD $) Share data in Millions, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended						9 Months Ended	1 Months Ended	9 Months Ended		9 Months Ended								9 Months Ended				9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Oct. 01, 2014 5.00% Senior notes due 2020	Oct. 01, 2014 5.50% Senior notes due 2021	Oct. 01, 2014 6.00% Senior notes due 2024	Sep. 30, 2014 Scenario, Forecast	Sep. 30, 2014 Scenario, Forecast Credit Facilities	Sep. 30, 2014 Scenario, Forecast Minimum Member	Sep. 30, 2014 Scenario, Forecast Minimum Member Revolving credit facility	Sep. 30, 2014 Scenario, Forecast Maximum Member	Sep. 30, 2014 Scenario, Forecast Maximum Member Revolving credit facility	Sep. 30, 2014 Pro Forma	Sep. 30, 2014 Pro Forma Revolving credit facility	Sep. 30, 2014 Pro Forma Term loan facility	Sep. 30, 2014 Pro Forma 5.00% Senior notes due 2020	Sep. 30, 2014 Pro Forma 5.50% Senior notes due 2021	Sep. 30, 2014 Pro Forma 6.00% Senior notes due 2024	Sep. 30, 2014 Spinoff - CRC	Sep. 30, 2014 Spinoff - CRC Maximum Member	Sep. 30, 2014 Spinoff - CRC Scenario, Forecast	Sep. 30, 2014 Spinoff - CRC Scenario, Forecast Occidental Petroleum And Subsidiaries	Sep. 30, 2014 Spinoff - CRC Scenario, Forecast Minimum Member	Sep. 30, 2014 Spinoff - CRC Scenario, Forecast Maximum Member
Separation and Spin Off Transactions
Percentage of shares to be distributed to shareholders upon spin-off																									80.10%
Period in which Occidental plans to dispose of the remaining 19.9% of CRC shares																						18 months
Ratio of shares of common stock to be distributed to shareholders																							0.4
Cash dividend to be paid to Occidental prior to spin-off																							$ 6,000,000,000
Basis of Presentation Abstract
Interest rate										0.36%
Share Information
Number of shares to be distributed to shareholders upon spin off																							310
Number of shares to be outstanding upon spin-off																								775		387
CRC Outstanding shares ratio to Occidental shares outstanding													0.4994
CRC percentage of shares to be disposed within 18 months following the spin-off																					19.9
Earnings Per Share, Basic and Diluted.
Net income	188,000,000	235,000,000	657,000,000	657,000,000
Number of basic and diluted shares	387	387	387	387
Basic and diluted EPS	$ 0.49	$ 0.61	$ 1.70	$ 1.70
Long Term Debt
Total Debt Outstanding						1,000,000,000	1,750,000,000	2,250,000,000							6,065,000,000		1,000,000,000	1,000,000,000	1,750,000,000	2,250,000,000
Debt Instrument, Interest Rate, Stated Percentage						5.00%	5.50%	6.00%
Amount outstanding under revolving credit facility																65,000,000
Net Investment/Stockholder's Equity
Common Stock, Par or Stated Value Per Share	$ 0.01		$ 0.01												$ 0.01
Common stock, par value $0.01															4
Additional paid-in capital															4,887,000,000
Net investment	10,891,000,000		10,891,000,000
Accumulated other comprehensive income (loss)	(22,000,000)		(22,000,000)		(24,000,000)										(22,000,000)
Net Investment / Stockholder's Equity	10,869,000,000		10,869,000,000		9,989,000,000										4,869,000,000
Total Capitalization	10,869,000,000		10,869,000,000												10,934,000,000
Additional borrowings under revolving credit facility											300,000,000		350,000,000
Repayment to Occidental for acquisition of oil and gas properties									200,000,000
Proceeds held for working capital needs											100,000,000		150,000,000
Amount outstanding under revolving credit facility																65,000,000
Additional borrowings available under revolving credit facility												$ 1,585,000,000		$ 1,635,000,000

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In the combined balance sheet, net parent company investment represents the parent company's historical investment in the company, the company's net earnings after taxes, and the net effect of transactions with, and allocations from the parent company at the point of spin off.

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Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

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Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.

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Value of all classes of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares exclude common shares repurchased by the entity and held as treasury shares.

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The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 4

-Subparagraph (SAB TOPIC 4.C)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

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