SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Allowance for Doubtful Accounts

The following table presents changes to the Company’s allowance for credit loss:

	For the Year Ended December 31,
	2023		2022		2021
	(In millions)
Allowance for credit loss at beginning of year	$	117	$	109	$	95
Additional provisions for the year	16		9		19
Uncollectible accounts written off, net of recoveries	(19)		(1)		(5)
Allowance for credit loss at end of year	$	114	$	117	$	109

Schedule of Non-cash Impairments of Proved and Unproved Properties

The following table represents non-cash impairment charges of the carrying value of the Company’s unproved properties:

	For the Year Ended December 31,
	2023		2022		2021
	(In millions)
Unproved properties:
U.S.	$	10	$	20	$	22
Egypt	—		4		8
North Sea	11		—		1
Total unproved properties	$	21	$	24	$	31