v3.26.1
BUSINESS COMBINATIONS - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - Berry merger - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Assets Acquired    
Cash $ 12 $ 12
Adjustments, Cash 0  
Accounts receivable 89 87
Adjustments, Accounts receivable 2  
Inventories 3 6
Adjustments, Inventories (3)  
Other current assets 27 29
Adjustments, Other current assets (2)  
Property, plant and equipment 679 659
Adjustments, Property, plant and equipment 20  
Fair value of derivative contracts 109 109
Adjustments, Fair value of derivative contracts 0  
Deferred tax asset 121 121
Adjustments, Deferred tax asset 0  
Other noncurrent assets 4 4
Adjustments, Other noncurrent assets 0  
Total Assets Acquired 1,044 1,027
Adjustments, Total Assets Acquired 17  
Liabilities Assumed    
Accounts payable (66) (62)
Adjustments, Accounts payable (4)  
Accrued liabilities (48) (50)
Adjustments, Accrued liabilities 2  
Asset retirement obligations (166) (151)
Adjustments, Asset retirement obligations (15)  
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 (335) (318)
Adjustments, Total Liabilities Assumed (17)  
Net Assets Acquired 709 $ 709
Adjustments, Net Assets Acquired $ 0