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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Cash flows from operating activities  
Net loss $ (37)
Adjustments to reconcile net loss to net cash provided by operating activities  
Depreciation, depletion and amortization 198
Gain on sale of assets (13)
Impairment charges 3
Amortization of equity compensation expense 4
Non-cash portion of exploration expense 7
Amortization of debt issuance costs 5
Asset and liability changes  
Accounts receivable (16)
Accounts payable 6
Derivative instruments 111
Accrued interest 53
Other asset changes 3
Other liability changes (17)
Net cash provided by operating activities 307
Cash flows from investing activities  
Capital expenditures (459)
Net proceeds from the sale of assets 17
Net cash used in investing activities (442)
Cash flows from financing activities  
Proceeds from long-term debt 550
Repayment of long-term debt (570)
Cash contributions from parent 186
Net cash provided by financing activities 166
Change in cash and cash equivalents 31
Cash and cash equivalents  
Beginning of period 48
End of period $ 79