Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2020

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue [Table Text Block]

We disaggregate our revenue from contracts with customers by type of contract for each of our reportable segments, as we believe it best depicts the nature, timing and uncertainty of our revenue and cash flows. The following tables set forth our revenue by those categories:

	Three Months Ended September 30, 2020
	Logistics and Marketing		Gathering and Processing		Eliminations		Total
	(millions)
Sales of natural gas	$	437	$	330	$	(308)	$	459
Sales of NGLs and condensate (a)	951		456		(400)		1,007
Transportation, processing and other	13		97		(1)		109
Trading and marketing gains (losses), net (b)	37		(26)		—		11
Total operating revenues	$	1,438	$	857	$	(709)	$	1,586

	Nine Months Ended September 30, 2020
	Logistics and Marketing		Gathering and Processing		Eliminations		Total
	(millions)
Sales of natural gas	$	1,203	$	927	$	(842)	$	1,288
Sales of NGLs and condensate (a)	2,592		1,125		(974)		2,743
Transportation, processing and other	37		294		(1)		330
Trading and marketing gains, net (b)	114		42		—		156
Total operating revenues	$	3,946	$	2,388	$	(1,817)	$	4,517

(a)   Includes $303 million and $2,006 million for the three and nine months ended September 30, 2020, respectively, of revenues from physical sales contracts and buy-sell exchange transactions in our Logistics and Marketing segment, which are not within the scope of FASB ASU 2014-09 “Revenue from Contracts with Customers” (Topic 606).

(b)   Not within the scope of Topic 606.

	Three Months Ended September 30, 2019
	Logistics and Marketing		Gathering and Processing		Eliminations		Total
	(millions)
Sales of natural gas	$	461	$	374	$	(317)	$	518
Sales of NGLs and condensate (a)	1,052		437		(408)		1,081
Transportation, processing and other	11		91		(1)		101
Trading and marketing (losses) gains, net (b)	(15)		14		—		(1)
Total operating revenues	$	1,509	$	916	$	(726)	$	1,699

	Nine Months Ended September 30, 2019
	Logistics and Marketing		Gathering and Processing		Eliminations		Total
	(millions)
Sales of natural gas	$	1,543	$	1,294	$	(1,135)	$	1,702
Sales of NGLs and condensate (a)	3,610		1,620		(1,563)		3,667
Transportation, processing and other	35		292		(1)		326
Trading and marketing (losses) gains, net (b)	(21)		22		—		1
Total operating revenues	$	5,167	$	3,228	$	(2,699)	$	5,696

(a)   Includes $704 million and $2,384 million for the three and nine months ended September 30, 2019, respectively, of revenues from physical sales contracts and buy-sell exchange transactions in our Logistics and Marketing segment, which are not within the scope of Topic 606.

(b)   Not within the scope of Topic 606.