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SUPPLEMENTAL ACCOUNT BALANCES - Accrued Liabilities (Details) - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Accrued liabilities current [abstract] |  |
Employee-related costs | $ 48 | $ 82
Taxes other than on income | 50 | 35
Asset retirement obligations | 90 | 99
Interest | 8 | 18
Operating lease liability | 19 | 15
Fair value of derivative contracts | 35 | 8
Premiums due on commodity derivative contracts | 13 | 21
Liability for settlement payments on commodity derivative contracts | 5 | 8
Amounts due under production-sharing contracts | 10 | 5
Signal Hill maintenance | 13 | 12
Income taxes payable | 0 | 18
Other | 47 | 45
Accrued liabilities | $ 338 | $ 366

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- Definition Carrying value as of the balance sheet date of obligations incurred and payable for real and property taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483467/210-10-45-8 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 720 -SubTopic 30 -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483384/720-30-45-1 + Details
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