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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
CASH FLOW FROM OPERATING ACTIVITIES        
Net income (loss) $ 8 $ 97 $ (2) $ 398
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Depreciation, depletion and amortization 53 56 106 114
Deferred income tax provision (benefit) 3 9 (6) 56
Asset impairments 13 0 13 3
Net (gain) loss from commodity derivatives (4) (31) 68 (73)
Net payments on settled commodity derivatives (10) (63) (24) (128)
Gain on asset divestitures (1) 0 (7) (7)
Other non-cash charges to income, net 46 30 52 51
Changes in operating assets and liabilities, net (11) 10 (16) 4
Net cash provided by operating activities 97 108 184 418
CASH FLOW FROM INVESTING ACTIVITIES        
Capital investments (34) (39) (88) (86)
Changes in accrued capital investments 6 (2) 2 (15)
Proceeds from asset divestitures, net 2 0 12 0
Acquisitions (6) (1) (6) (1)
Other, net (1) (2) (2) (3)
Net cash used in investing activities (33) (44) (82) (105)
CASH FLOW FROM FINANCING ACTIVITIES        
Proceeds from Revolving Credit Facility     30 0
Proceeds from 2029 Senior Notes, net     590 0
Repurchases of common stock (35) (64) (93) (123)
Common stock dividends (22) (20) (43) (40)
Payments on equity-settled awards 0 0 (4) 0
Issuance of common stock 2 0 3 1
Bridge loan commitments 0 0 (5) 0
Debt amendment costs 0 (8) (3) (8)
Shares cancelled for taxes (1) (1) (42) (2)
Net cash provided by (used in) financing activities 564 (93) 433 (172)
Increase (decrease) in cash and cash equivalents 628 (29) 535 141
Cash and cash equivalents—beginning of period 403 477 496 307
Cash and cash equivalents—end of period $ 1,031 $ 448 $ 1,031 $ 448