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Statement of Consolidated Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Oil and gas production revenues    
Oil and Gas Production Revenues $ 1,087 $ 1,659
Other (3) (6)
Loss on divestitures (1) (18)
Total revenues and other 1,083 1,635
OPERATING EXPENSES:    
Lease operating expenses 378 481
Gathering and transportation 52 56
Taxes other than income 11 73
Exploration 95 258
General and administrative 93 84
Depreciation, depletion, and amortization:    
Depreciation, depletion and amortization 678 826
Asset retirement obligation accretion 38 36
Impairments 0 1,912
Transaction, reorganization, and separation 15 54
Financing costs, net 105 124
Total operating expenses 1,465 3,904
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (382) (2,269)
Current income tax provision (benefit) (10) (52)
Deferred income tax provision (benefit) (1) (1,149)
NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (371) (1,068)
Net loss from discontinued operations, net of tax 0 (238)
NET LOSS INCLUDING NONCONTROLLING INTEREST (371) (1,306)
Net income attributable to noncontrolling interest 1 28
NET LOSS ATTRIBUTABLE TO COMMON STOCK (372) (1,334)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS:    
Net loss from continuing operations attributable to common shareholders (372) (1,096)
Net loss from discontinued operations 0 (238)
NET LOSS ATTRIBUTABLE TO COMMON STOCK $ (372) $ (1,334)
NET LOSS PER COMMON SHARE:    
Basic net loss from continuing operations per share $ (0.98) $ (2.91)
Basic net loss from discontinued operations per share 0.00 (0.63)
Basic net loss per share (0.98) (3.54)
DILUTED NET LOSS PER COMMON SHARE:    
Diluted net loss from continuing operations per share (0.98) (2.91)
Diluted net loss from discontinued operations per share 0.00 (0.63)
Diluted net loss per share $ (0.98) $ (3.54)
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:    
Basic (in shares) 378 377
Diluted (in shares) 378 377
DIVIDENDS DECLARED PER COMMON SHARE $ 0.25 $ 0.25
Oil and gas property and equipment, Recurring [Member]    
Depreciation, depletion, and amortization:    
Depreciation, depletion and amortization $ 636 $ 743
Other assets [Member]    
Depreciation, depletion, and amortization:    
Depreciation, depletion and amortization 42 83
Oil [Member]    
Oil and gas production revenues    
Oil and Gas Production Revenues 822 1,293
Gas [Member]    
Oil and gas production revenues    
Oil and Gas Production Revenues 223 308
Natural gas liquids [Member]    
Oil and gas production revenues    
Oil and Gas Production Revenues $ 42 $ 58