XML 129 R102.htm IDEA: XBRL DOCUMENT v3.25.0.1
FAIR VALUE MEASUREMENTS - Schedule of Recurring Measurements (Details) - Fair Value, Recurring - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Non-current assets- Other assets:    
Assets:    
Gross Amounts Offset in Balance Sheet $ 0 $ 0
Investment 8 5
Commodity derivative instruments | Current assets- Derivative instruments:    
Assets:    
Total Gross Fair Value 274 88
Gross Amounts Offset in Balance Sheet (106) (71)
Net Fair Value Presented in Balance Sheet 168 17
Commodity derivative instruments | Non-current assets- Derivative instruments:    
Assets:    
Total Gross Fair Value 19 8
Gross Amounts Offset in Balance Sheet (17) (7)
Net Fair Value Presented in Balance Sheet 2 1
Commodity derivative instruments | Current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 121 111
Gross Amounts Offset in Balance Sheet (106) (71)
Net Fair Value Presented in Balance Sheet 15 40
Commodity derivative instruments | Non-current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 27 12
Gross Amounts Offset in Balance Sheet (17) (7)
Net Fair Value Presented in Balance Sheet 10 5
Interest rate swaps | Current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 28 46
Gross Amounts Offset in Balance Sheet 0 0
Net Fair Value Presented in Balance Sheet 28 46
Interest rate swaps | Non-current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 96 117
Gross Amounts Offset in Balance Sheet 0 0
Net Fair Value Presented in Balance Sheet 96 117
2026 WTI Contingent Liability | Non-current liabilities- Other long-term liabilities:    
Liabilities:    
Total Gross Fair Value 30  
Gross Amounts Offset in Balance Sheet 0  
Net Fair Value Presented in Balance Sheet 30  
Level 1 | Non-current assets- Other assets:    
Assets:    
Investment 8 5
Level 1 | Commodity derivative instruments | Current assets- Derivative instruments:    
Assets:    
Total Gross Fair Value 0 0
Level 1 | Commodity derivative instruments | Non-current assets- Derivative instruments:    
Assets:    
Total Gross Fair Value 0 0
Level 1 | Commodity derivative instruments | Current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 0 0
Level 1 | Commodity derivative instruments | Non-current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 0 0
Level 1 | Interest rate swaps | Current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 0 0
Level 1 | Interest rate swaps | Non-current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 0 0
Level 1 | 2026 WTI Contingent Liability | Non-current liabilities- Other long-term liabilities:    
Liabilities:    
Total Gross Fair Value 0  
Level 2 | Non-current assets- Other assets:    
Assets:    
Investment 0 0
Level 2 | Commodity derivative instruments | Current assets- Derivative instruments:    
Assets:    
Total Gross Fair Value 274 88
Level 2 | Commodity derivative instruments | Non-current assets- Derivative instruments:    
Assets:    
Total Gross Fair Value 19 8
Level 2 | Commodity derivative instruments | Current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 121 111
Level 2 | Commodity derivative instruments | Non-current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 27 12
Level 2 | Interest rate swaps | Current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 28 46
Level 2 | Interest rate swaps | Non-current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 96 117
Level 2 | 2026 WTI Contingent Liability | Non-current liabilities- Other long-term liabilities:    
Liabilities:    
Total Gross Fair Value 30  
Level 3 | Non-current assets- Other assets:    
Assets:    
Investment 0 0
Level 3 | Commodity derivative instruments | Current assets- Derivative instruments:    
Assets:    
Total Gross Fair Value 0 0
Level 3 | Commodity derivative instruments | Non-current assets- Derivative instruments:    
Assets:    
Total Gross Fair Value 0 0
Level 3 | Commodity derivative instruments | Current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 0 0
Level 3 | Commodity derivative instruments | Non-current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 0 0
Level 3 | Interest rate swaps | Current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 0 0
Level 3 | Interest rate swaps | Non-current liabilities- Derivative instruments:    
Liabilities:    
Total Gross Fair Value 0 $ 0
Level 3 | 2026 WTI Contingent Liability | Non-current liabilities- Other long-term liabilities:    
Liabilities:    
Total Gross Fair Value $ 0