Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Derivative [Line Items]

Schedule of Derivative Financial Instruments included in the Consolidated Comprehensive Statements of Earnings

	Comprehensive Statements of	Three Months Ended March 31,
	Earnings Caption	2015		2014
		(Millions)
Oil, gas and NGL commodity derivatives	Oil, gas and NGL derivatives	$	294	$	(320)
Midstream commodity derivatives	Marketing and midstream revenues		2		(1)
Interest rate derivatives	Other nonoperating items		1		-
Foreign currency derivatives	Other nonoperating items		133		14
Net gains (losses) recognized in comprehensive statements of earnings		$	430	$	(307)

Schedule of Derivative Financial Instruments included in the Consolidated Balance Sheets

	Balance Sheet Caption	March 31, 2015		December 31, 2014
		(Millions)
Asset derivatives:
Oil, gas and NGL commodity derivatives	Derivatives, at fair value	$	1,668	$	1,967
Oil, gas and NGL commodity derivatives	Other long-term assets		2		1
Midstream commodity derivatives	Derivatives, at fair value		14		17
Midstream commodity derivatives	Other long-term assets		8		10
Interest rate derivatives	Derivatives, at fair value		2		1
Interest rate derivatives	Other long-term assets		1		-
Foreign currency derivatives	Derivatives, at fair value		22		8
Total asset derivatives		$	1,717	$	2,004
Liability derivatives:
Oil, gas and NGL commodity derivatives	Other current liabilities	$	45	$	25
Oil, gas and NGL commodity derivatives	Other long-term liabilities		7		26
Midstream commodity derivatives	Other current liabilities		3		3
Midstream commodity derivatives	Other long-term liabilities		2		2
Interest rate derivatives	Other current liabilities		1		1
Total liability derivatives		$	58	$	57

Open Oil Derivative Positions [Member]

Derivative [Line Items]

Schedule Of Open Derivative Positions

	Price Swaps			Price Collars					Call Options Sold
Period	Volume (Bbls/d)	Weighted Average Price ($/Bbl)		Volume (Bbls/d)	Weighted Average Floor Price ($/Bbl)		Weighted Average Ceiling Price ($/Bbl)		Volume (Bbls/d)	Weighted Average Price ($/Bbl)
Q2-Q4 2015	106,442	$	91.07	31,500	$	89.67	$	97.84	28,000	$	116.43
Q1-Q4 2016	-	$	-	-	$	-	$	-	18,500	$	103.11

	Oil Basis Swaps
Period	Index	Volume (Bbls/d)	Weighted Average Differential to WTI ($/Bbl)
Q2-Q4 2015	Western Canadian Select	36,320	$	(16.35)
Q2-Q4 2015	West Texas Sour	8,000	$	(3.68)
Q2-Q4 2015	Midland Sweet	16,331	$	(2.84)
Q1-Q4 2016	West Texas Sour	1,000	$	(1.50)

Open Natural Gas Derivative Positions [Member]

Derivative [Line Items]

Schedule Of Open Derivative Positions

	Price Swaps			Price Collars					Call Options Sold
Period	Volume (MMBtu/d)	Weighted Average Price ($/MMBtu)		Volume (MMBtu/d)	Weighted Average Floor Price ($/MMBtu)		Weighted Average Ceiling Price ($/MMBtu)		Volume (MMBtu/d)	Weighted Average Price ($/MMBtu)
Q2-Q4 2015	250,000	$	4.32	391,964	$	3.74	$	4.04	550,000	$	5.09
Q1-Q4 2016	-	$	-	-	$	-	$	-	400,000	$	5.00

	Natural Gas Basis Swaps
Period	Index	Volume (MMBtu/d)	Weighted Average Differential to Henry Hub ($/MMBtu)
Q2-Q4 2015	Panhandle Eastern Pipe Line	100,000	$	(0.28)
Q2-Q4 2015	El Paso Natural Gas	70,000	$	(0.11)
Q2-Q4 2015	Houston Ship Channel	200,000	$	0.01
Q1-Q4 2016	Panhandle Eastern Pipe Line	40,000	$	(0.33)
Q1-Q4 2016	El Paso Natural Gas	15,000	$	(0.13)
Q1-Q4 2016	Houston Ship Channel	30,000	$	0.11

Gas Processing And Fractionation Open Positions [Member] | EnLink [Member]

Derivative [Line Items]

Schedule Of Open Derivative Positions

Period	Product	Volume (Total)			Weighted Average Price Paid		Weighted Average Price Received
Q2 2015-Q4 2016	Ethane	1,113	MBbls	$	0.28/gal		Index
Q2 2015-Q4 2016	Propane	1,170	MBbls		Index	$	0.95/gal
Q2 2015-Q1 2016	Normal Butane	117	MBbls		Index	$	0.78/gal
Q2 2015-Q1 2016	Natural Gasoline	101	MBbls		Index	$	1.32/gal

Interest Rate Derivatives [Member]

Derivative [Line Items]

Schedule Of Open Derivative Positions

Notional		Rate Received	Rate Paid	Expiration
(Millions)
$	100	Three Month LIBOR	0.92%	December 2016
$	100	1.76%	Three Month LIBOR	January 2019

Foreign Currency Derivatives [Member]

Derivative [Line Items]

Schedule Of Open Derivative Positions

Forward Contract
Currency	Contract Type	CAD Notional		Weighted Average Fixed Rate Received	Expiration
		(Millions)		(CAD-USD)
Canadian Dollar	Sell	$	1,884	0.799	June 2015