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Debt (Details) (USD $)
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1 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | 0 Months Ended | |||||||||||||||||
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Oct. 31, 2014
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Oct. 01, 2014
Senior Notes
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Oct. 01, 2014
5.00% Senior notes due 2020
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Oct. 01, 2014
5.50% Senior notes due 2021
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Oct. 01, 2014
6.00% Senior notes due 2024
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Sep. 24, 2014
Credit Facilities
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Sep. 24, 2014
Credit Facilities
LIBOR
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Sep. 24, 2014
Credit Facilities
Alternate Base Rate
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Sep. 24, 2014
Credit Facilities
Prime Rate
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Sep. 24, 2014
Credit Facilities
Federal fund rate
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Sep. 24, 2014
Credit Facilities
Minimum Member
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Sep. 24, 2014
Credit Facilities
Minimum Member
LIBOR
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Sep. 24, 2014
Credit Facilities
Minimum Member
Alternate Base Rate
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Sep. 24, 2014
Credit Facilities
Maximum Member
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Sep. 24, 2014
Credit Facilities
Maximum Member
LIBOR
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Sep. 24, 2014
Credit Facilities
Maximum Member
Alternate Base Rate
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Sep. 24, 2014
Term loan facility
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Mar. 31, 2016
Term loan facility
Scenario, Forecast
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Sep. 24, 2014
Revolving credit facility
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Sep. 24, 2014
Revolving credit facility
Minimum Member
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Sep. 24, 2014
Revolving credit facility
Maximum Member
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Sep. 24, 2014
Letter of Credit
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| 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 | |||||||||||||||||||||