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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
12 Months Ended
Dec. 01, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Nov. 30, 2014
Weighted-average basic shares 381.8        
Common stock issued in connection with employee stock purchase plan   2.1      
Basic EPS          
Net income / (loss)   $ (3,554) $ (1,434) [1] $ 869  
Net income / (loss) allocated to participating securities       (14)  
Net income / (loss) available to common stockholders   $ (3,554) $ (1,434) $ 855  
Weighed average common shares outstanding - basic   383.2 381.9 381.8  
Basic EPS (in dollars per share)   $ (9.27) $ (3.75) $ 2.24  
Diluted EPS          
Net income / (loss)   $ (3,554) $ (1,434) [1] $ 869  
Net income / (loss) allocated to participating securities       (14)  
Net income / (loss) available to common stockholders   $ (3,554) $ (1,434) $ 855  
Weighed average common shares outstanding - basic   383.2 381.9 381.8  
Weighted average common shares outstanding - diluted   383.2 381.9 381.8  
Diluted EPS (in dollars per share)   $ (9.27) $ (3.75) $ 2.24  
Occidental Petroleum And Subsidiaries | Spinoff - CRC          
Common stock distributed to Occidental stockholders 381.4        
Percentage of outstanding shares of common stock retained by Occidental 18.50%       18.50%
[1] Net income of $683 million related to operations from January 1, 2014 through the spin-off date of November 30, 2014 was included in Net Parent Company Investment. The net loss of $2,117 million for the month ended December 31, 2014 reflected our accumulated deficit as of that date as a stand-alone company.