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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Derivative Activities Recorded in the Statement of Consolidated Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Realized gain (loss):      
Unrealized loss $ (59) $ 0 $ 0
Not Designated as Hedging Instrument      
Realized gain (loss):      
Derivative settlements, realized gain 24 0 0
Amortization of put premium, realized loss (100) 0 0
Unrealized loss (59) 0 0
Derivative instrument gain (losses), net $ (135) $ 0 $ 0