Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
CURRENT ASSETS
Cash and cash equivalents	$ 10	$ 12
Trade receivables, net	170	200
Inventories	61	58
Other current assets	190	227
Total current assets	431	497
PROPERTY, PLANT AND EQUIPMENT	21,044	20,996
Accumulated depreciation, depletion and amortization	(14,830)	(14,684)
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	6,214	6,312
OTHER ASSETS	17	244
TOTAL ASSETS	6,662	7,053
CURRENT LIABILITIES
Current maturities of long-term debt	100	100
Accounts payable	233	257
Accrued liabilities	305	222
Current income taxes		26
Total current liabilities	638	605
LONG-TERM DEBT - PRINCIPAL AMOUNT	5,872	6,043
DEFERRED GAIN AND ISSUANCE COSTS, NET	470	491
DEFERRED INCOME TAXES	47
OTHER LONG-TERM LIABILITIES	$ 587	$ 830
EQUITY
Preferred stock ( 200 million shares authorized at $0.01 par value) no shares outstanding at March 31, 2016 and December 31, 2015
Common stock ( 2.0 billion shares authorized at $0.01 par value) outstanding shares (March 31, 2016 - 389,166,706 and December 31, 2015 - 388,180,479)	$ 4	$ 4
Additional paid-in capital	4,789	4,778
Accumulated deficit	(5,733)	(5,683)
Accumulated other comprehensive loss	(12)	(15)
Total equity	(952)	(916)
TOTAL LIABILITIES AND EQUITY	$ 6,662	$ 7,053

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).