v3.26.1
BUSINESS COMBINATIONS - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - Berry merger - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Assets Acquired    
Cash $ 12 $ 12
Adjustments, Cash 0  
Accounts receivable 88 87
Adjustments, Accounts receivable 1  
Inventories 6 6
Adjustments, Inventories 0  
Other current assets 29 29
Adjustments, Other current assets 0  
Property, plant and equipment 656 659
Adjustments, Property, plant and equipment (3)  
Fair value of derivative contracts 109 109
Adjustments, Fair value of derivative contracts 0  
Deferred tax asset 122 121
Adjustments, Deferred tax asset 1  
Other noncurrent assets 4 4
Adjustments, Other noncurrent assets 0  
Total Assets Acquired 1,026 1,027
Adjustments, Total Assets Acquired (1)  
Liabilities Assumed    
Accounts payable (62) (62)
Adjustments, Accounts payable 0  
Accrued liabilities (49) (50)
Adjustments, Accrued liabilities 1  
Asset retirement obligations (151) (151)
Adjustments, Asset retirement obligations 0  
Fair value of derivative contracts (21) (21)
Adjustments, Fair value of derivative contracts 0  
Other long-term liabilities (34) (34)
Adjustments, Other long-term liabilities 0  
Total Liabilities Assumed (317) (318)
Adjustments, Total Liabilities Assumed 1  
Net Assets Acquired 709 $ 709
Adjustments, Net Assets Acquired $ 0