v2.4.0.8
Debt (Details) (USD $)
1 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended
Oct. 31, 2014
Oct. 01, 2014
Senior Notes
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. 24, 2014
Credit Facilities
Sep. 24, 2014
Credit Facilities
LIBOR
Sep. 24, 2014
Credit Facilities
Alternate Base Rate
Sep. 24, 2014
Credit Facilities
Prime Rate
Sep. 24, 2014
Credit Facilities
Federal fund rate
Sep. 24, 2014
Credit Facilities
Minimum Member
Sep. 24, 2014
Credit Facilities
Minimum Member
LIBOR
Sep. 24, 2014
Credit Facilities
Minimum Member
Alternate Base Rate
Sep. 24, 2014
Credit Facilities
Maximum Member
Sep. 24, 2014
Credit Facilities
Maximum Member
LIBOR
Sep. 24, 2014
Credit Facilities
Maximum Member
Alternate Base Rate
Sep. 24, 2014
Term loan facility
Mar. 31, 2016
Term loan facility
Scenario, Forecast
Sep. 24, 2014
Revolving credit facility
Sep. 24, 2014
Revolving credit facility
Minimum Member
Sep. 24, 2014
Revolving credit facility
Maximum Member
Sep. 24, 2014
Letter of Credit
Senior Notes                                            
Aggregate principal amount   $ 5,000,000,000                                        
Debt     1,000,000,000 1,750,000,000 2,250,000,000                                  
Net Proceeds from private placement   4,950,000,000                                        
Cash distribution to Occidental 4,950,000,000                                          
Semi annual interest   semi-annually                                        
Line of Credit Facility                                            
Senior term loan facility and senior revolving loan facility           5 years                                
Debt Instrument, Interest Rate, Stated Percentage     5.00% 5.50% 6.00%                                  
Maximum borrowing capacity                                 1,000,000,000   2,000,000,000     400,000,000
Cash dividend to be paid to Occidental prior to spin-off           $ 1,050,000,000                                
Percentage of principal amount repaid quarterly                                   2.5% of the principal amount        
Percentage of principal amount repaid annually                                   10% of the principal amount        
Variable rate basis             LIBOR alternate base rate agent's prime rate federal funds effective rate                        
Variable rate basis               one-month LIBOR                            
Interest rate added to variable rate basis(as a percent)               1.00%   0.50%   1.50% 0.50%   2.25% 1.25%            
Commitment fees on unused portion of the Revolving Credit Facility                                       0.30% 0.50%  
Credit agreement leverage ratio                           4.50                
Credit agreement interest expense ratio                     2.50