DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Mar. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments on Statement of Consolidated Operations

The following table summarizes the effect of derivative instruments on the Company’s statement of consolidated operations:

	For the Quarter Ended March 31,
	2023		2022
	(In millions)
Realized:
Commodity derivative instruments	$	—	$	(5)
Realized losses, net	—		(5)
Unrealized:
Commodity derivative instruments	—		(24)
Foreign currency derivative instruments	—		(2)
Preferred Units embedded derivative	—		(31)
Unrealized losses, net	—		(57)
Derivative instrument losses, net	$	—	$	(62)