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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Derivative Activities Recorded in the Statement of Consolidated Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Realized gain (loss):        
Unrealized loss     $ (42) $ 0
Not Designated as Hedging Instrument        
Realized gain (loss):        
Derivative settlements, realized gain $ 23 $ 0 23 0
Amortization of put premium, realized loss (50) 0 (50) 0
Unrealized loss (83) 0 (42) 0
Derivative instrument losses, net $ (110) $ 0 $ (69) $ 0