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JOINT VENTURES (Tables)
3 Months Ended
Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of changes in noncontrolling interests
The following table presents the changes in noncontrolling interests for our consolidated JVs, which is reported in equity and mezzanine equity on the condensed consolidated balance sheets for the three months ended March 31, 2020 and 2019:
 
Equity Attributable to
Noncontrolling Interest
 
Mezzanine Equity - Redeemable Noncontrolling Interests
 
Ares JV
 
BSP JV
 
Total
 
Ares JV
 
Elk Hills Carbon JV
 
Total
 
(in millions)
 
 
Balance, December 31, 2019
$

 
$
93

 
$
93

 
$
802

 
$

 
$
802

Net income attributable to noncontrolling interests
2

 
19

 
21

 
30

 

 
$
30

Contributions from noncontrolling interest holders, net

 

 

 

 
2

 
$
2

Distributions to noncontrolling interest holders
(2
)
 
(24
)
 
(26
)
 
(18
)
 

 
$
(18
)
Balance, March 31, 2020
$

 
$
88

 
$
88

 
$
814

 
$
2

 
$
816

 
 
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2018
$
15

 
$
99

 
$
114

 
$
756

 
$

 
$
756

Net (loss) income attributable to noncontrolling interests
(3
)
 
(2
)
 
(5
)
 
28

 

 
$
28

Contributions from noncontrolling interest holders, net

 
49

 
49

 

 

 
$

Accrued distributions

 
(19
)
 
(19
)
 

 

 
$

Distributions to noncontrolling interest holders
(2
)
 

 
(2
)
 
(18
)
 

 
$
(18
)
Balance, March 31, 2019
$
10

 
$
127

 
$
137

 
$
766

 
$

 
$
766