Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 12	$ 14
Trade receivables, net	200	308
Inventories	58	71
Other current assets	227	308
Total current assets	497	701
PROPERTY, PLANT AND EQUIPMENT	20,996	20,536
Accumulated depreciation, depletion and amortization	(14,684)	(8,851)
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	6,312	11,685
OTHER ASSETS	244	43
TOTAL ASSETS	7,053	12,429
CURRENT LIABILITIES
Current maturities of long-term debt	100
Accounts payable	257	588
Accrued liabilities	222	334
Current income taxes	26
Total current liabilities	605	922
LONG-TERM DEBT - PRINCIPAL AMOUNT	6,043	6,360
DEFERRED GAIN AND ISSUANCE COSTS, NET	491	(68)
DEFERRED INCOME TAXES		2,055
OTHER LONG-TERM LIABILITIES	$ 830	$ 549
COMMITMENTS AND CONTINGENCIES
EQUITY
Preferred stock - no shares outstanding at December 31, 2015 or 2014 ( 200 million shares authorized at $0.01 par value)
Common stock (2.0 billion shares authorized at $0.01 par value) Outstanding shares (2015 - 388,180,479 shares and 2014 - 385,639,582 shares)	$ 4	$ 4
Additional paid-in capital	4,778	4,748
Accumulated deficit	(5,683)	(2,117)
Accumulated other comprehensive income (loss)	(15)	(24)
Total equity	(916)	2,611
TOTAL LIABILITIES AND EQUITY	$ 7,053	$ 12,429

Carrying value as of the balance sheet of the deferred gain (loss) and issuance costs, net.

No definition available.

Name:	crc_DeferredGainLossAndIssuanceCostsNet
Namespace Prefix:	crc_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).