ACQUISITIONS AND DIVESTITURES (Tables)

6 Months Ended

Jun. 30, 2014

Business Combinations [Abstract]

Summary of Carrying Amount of Major Assets and Liabilities Associated with Disposition

The carrying amounts of the major classes of assets and liabilities associated with the disposition were as follows:

	December 31,
	2013
	(In millions)
ASSETS
Current assets	$	150
Net property and equipment		1,416
Other assets		12
Total assets	$	1,578
LIABILITIES
Current debt	$	51
Other current liabilities		95
Asset retirement obligations		91
Other long-term liabilities		21
Total liabilities	$	258

Summary of Sales and Other Operating Revenue and Loss from Discontinued Operation Related to Disposition

Sales and other operating revenues and loss from discontinued operations related to the Argentina disposition were as follows:

	For the Quarter Ended					For the Six Months Ended
	June 30,					June 30,
	2014		2013			2014			2013
	(In millions)
Revenues and other from discontinued operations	$	—	$	115		$	87		$	246
Loss from Argentina divestiture		—		—			(539	)		—
Loss from operations in Argentina		—		(2	)		(1	)		(63	)
Income tax benefit		—		—			23			—
Loss from discontinued operations, net of tax	$	—	$	(2	)	$	(517	)	$	(63	)