XML 86 R50.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - PROPERTY, PLANT AND EQUIPMENT AND GOODWILL (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Capitalized exploratory well costs for continuing operations      
Balance — beginning of year $ 112 $ 108 $ 56
Exploratory well costs acquired through the Acquisition 231 0 0
Additions to capitalized exploratory well costs pending the determination of proved reserves 383 220 201
Reclassifications to property, plant and equipment based on the determination of proved reserves (230) (198) (128)
Capitalized exploratory well costs charged to expense (72) (18) (21)
Balance — end of year 424 112 $ 108
Net capitalized costs attributable to unproved properties 29,500 $ 1,000  
Goodwill derecognized 4,600    
Anadarko Petroleum Corporation      
Capitalized exploratory well costs for continuing operations      
Goodwill recognized associated with the Acquisition $ 5,800    
Chemical | Low end of range      
Capitalized exploratory well costs for continuing operations      
The estimated useful lives of Occidental's chemical assets 3 years    
Chemical | High end of range      
Capitalized exploratory well costs for continuing operations      
The estimated useful lives of Occidental's chemical assets 50 years    
Marketing and Midstream      
Capitalized exploratory well costs for continuing operations      
Goodwill $ 1,200