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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Derivative Activities Recorded in the Statement of Consolidated Operations (Details) - Not Designated as Hedging Instrument - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Realized gain (loss):      
Derivative settlements, realized gain (loss) $ 9 $ (81) $ 24
Amortization of put premium, realized loss 0 (39) (100)
Unrealized gain (loss) (44) 103 (59)
Derivative instrument losses, net $ (35) $ (17) $ (135)