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Segment Information (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2018
 
 
Not Allocated
 
 
(In millions)
U.S. E&P
 
Int'l E&P
 
to Segments
 
Total
Revenues from contracts with customers
$
1,125

 
$
412

 
$

 
$
1,537

Net gain (loss) on commodity derivatives
(59
)
 

 
(43
)
(b) 
(102
)
Income from equity method investments

 
37

 

 
37

Net gain (loss) on disposal of assets

 

 
257

(c) 
257

Other income
3

 
1

 

 
4

Less:

 

 

 

Production expenses
151

 
67

 
(1
)
 
217

Other operating
111

 
19

 

 
130

Exploration
51

 
1

 


52

Depreciation, depletion and amortization
528

 
54

 
8

 
590

Impairments

 

 
8

 
8

Taxes other than income
64

 

 

 
64

General and administrative
36

 
9

 
55

 
100

Net interest and other

 

 
45

 
45

Other net periodic benefit costs

 
(2
)
 
5

(d) 
3

Income tax provision (benefit)
3

 
170

 
(5
)
 
168

Segment income (loss) / Income (loss) from continuing operations
$
125

 
$
132

 
$
99

 
$
356

Capital expenditures (a)
$
611

 
$
6

 
$
5

 
$
622

(a) 
Includes accruals.
(b) 
Unrealized loss on commodity derivative instruments (See Note 12).
(c) 
Primarily related to the gain on sale of our Libya subsidiary (See Note 5).
(d) 
Includes pension settlement loss of $4 million (See Note 16).


 
Three Months Ended March 31, 2017
 
 
Not Allocated
 
 
(In millions)
U.S. E&P
 
Int'l E&P
 
to Segments
 
Total
Revenue from contracts with customers
$
670

 
$
203

 
$

 
$
873

Net gain (loss) on commodity derivatives
4

 

 
77

(b) 
81

Marketing revenues
6

 
28

 

 
34

Income from equity method investments

 
69

 

 
69

Net gain (loss) on disposal of assets
1

 

 

 
1

Other income
4

 
10

 

 
14

Less:
 
 
 
 
 
 
 
Production expenses
109

 
44

 

 
153

Marketing costs
7

 
27

 

 
34

Other operating
74

 
15

 

 
89

Exploration
26

 
2

 

 
28

Depreciation, depletion and amortization
472

 
75

 
9

 
556

Impairments
4

 

 

 
4

Taxes other than income
39

 

 

 
39

General and administrative
33

 
6

 
58

 
97

Net interest and other

 

 
78

 
78

Other net periodic benefit costs

 
(2
)
 
12

(c) 
10

Income tax provision (benefit)

 
50

 
(16
)
 
34

Segment income (loss) / Income (loss) from continuing operations
$
(79
)
 
$
93

 
$
(64
)
 
$
(50
)
Capital expenditures (a)
$
349

 
$
9

 
$
1

 
$
359

(a) 
Includes accruals.
(b) 
Unrealized gain on commodity derivative instruments (See Note 12).
(c) 
Includes pension settlement loss of $14 million (See Note 16).