Discontinued Operations and Assets Held for Sale (Tables)

3 Months Ended

Mar. 31, 2020

Discontinued Operations And Disposal Groups [Abstract]

Summary of Amounts Reported as Discontinued Operations in the Consolidated Statements of Comprehensive Earnings and Carrying Amounts of Assets and Liabilities Classified as Held for Sale on the Consolidated Balance Sheets

The following table presents the amounts reported in the consolidated statements of comprehensive earnings as discontinued operations.

Three Months Ended March 31,	Barnett Shale			Canada			Total
2020
Upstream revenues	$	92		$	—		$	92
Total revenues		92			—			92
Production expenses		74			—			74
Asset impairments		179			—			179
General and administrative expenses		—			1			1
Financing costs, net		—			(2	)		(2	)
Other expenses		(13	)		10			(3	)
Total expenses		240			9			249
Loss from discontinued operations before income taxes		(148	)		(9	)		(157	)
Income tax benefit		(32	)		—			(32	)
Net loss from discontinued operations, net of tax	$	(116	)	$	(9	)	$	(125	)
2019
Upstream revenues	$	149		$	247		$	396
Marketing and midstream revenues		—			26			26
Total revenues		149			273			422
Production expenses		81			141			222
Exploration expenses		—			9			9
Marketing and midstream expenses		—			9			9
Depreciation, depletion and amortization		20			79			99
Asset dispositions		1			—			1
General and administrative expenses		—			18			18
Financing costs, net		—			13			13
Restructuring and transaction costs		—			3			3
Other expenses		6			(28	)		(22	)
Total expenses		108			244			352
Earnings from discontinued operations before income taxes		41			29			70
Income tax expense		9			—			9
Net earnings from discontinued operations, net of tax	$	32		$	29		$	61

The following table presents the carrying amounts of the assets and liabilities associated with discontinued operations on the consolidated balance sheets.

	As of March 31, 2020						As of December 31, 2019
	Barnett Shale		Canada		Total		Barnett Shale		Canada		Total
Cash restricted for discontinued operations	$	25	$	175	$	200	$	25	$	355	$	380
Accounts receivable	$	36	$	1	$	37	$	38	$	1	$	39
Other current assets		5		2		7		5		2		7
Oil and gas property and equipment, based on    successful efforts accounting, net		593		—		593		751		—		751
Other property and equipment, net		11		—		11		11		—		11
Goodwill		88		—		88		88		—		88
Other long-term assets		—		74		74		—		81		81
Total assets associated with discontinued operations	$	733	$	77	$	810	$	893	$	84	$	977
Accounts payable	$	14	$	6	$	20	$	15	$	4	$	19
Revenues and royalties payable		36		3		39		44		3		47
Other current liabilities		21		73		94		19		233		252
Asset retirement obligations		141		—		141		141		—		141
Other long-term liabilities		15		148		163		16		169		185
Total liabilities associated with discontinued operations	$	227	$	230	$	457	$	235	$	409	$	644