Discontinued operations Disposal groups (Tables)

6 Months Ended

Jun. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The carrying amounts of the major classes of assets and liabilities that are classified as held for sale on the Company's Consolidated Balance Sheets were as follows:

	June 30, 2015		June 30, 2014		December 31, 2014
	(In thousands)
ASSETS
Current assets:
Receivables, net	$	33,551	$	146,589	$	94,132
Inventories	6,748		12,849		11,401
Deferred income taxes	—		6,623		—
Commodity derivative instruments	2,537		129		18,335
Prepayments and other current assets	34,456		6,328		7,309
Total current assets held for sale	77,292		172,518		131,177
Noncurrent assets:
Investments	37		37		37
Net property, plant and equipment	1,097,576		1,753,509		1,618,099
Deferred income taxes	52,017		—		—
Other	161		4,091		2,334
Less allowance for impairment of assets held for sale	399,987		—		—
Total noncurrent assets held for sale	749,804		1,757,637		1,620,470
Total assets held for sale	$	827,096	$	1,930,155	$	1,751,647
LIABILITIES
Current liabilities:
Long-term debt due within one year	$	—	$	569	$	897
Accounts payable	49,400		165,189		103,556
Taxes payable	4,064		15,051		19,900
Deferred income taxes	1,401		—		8,206
Accrued compensation	4,460		5,721		5,373
Commodity derivative instruments	3,511		17,449		—
Other accrued liabilities	12,107		27,640		16,796
Total current liabilities held for sale	74,943		231,619		154,728
Noncurrent liabilities:
Long-term debt	—		608		—
Deferred income taxes	—		257,316		238,391
Other liabilities	35,790		60,761		57,050
Total noncurrent liabilities held for sale	35,790		318,685		295,441
Total liabilities held for sale	$	110,733	$	550,304	$	450,169

Reconciliation of Major Classes of Income And Expense [Table Text Block]

The reconciliation of the major classes of income and expense constituting pretax income (loss) from discontinued operations to the after-tax net income (loss) from discontinued operations on the Company's Consolidated Statements of Income were as follows:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2015			2014		2015			2014
	(In thousands)
Operating revenues	$	43,087		$	139,580	$	98,023		$	277,115
Operating expenses	442,725			103,057		1,015,677			201,307
Operating income (loss)	(399,638		)	36,523		(917,654		)	75,808
Other income	188			1,010		2,069			1,025
Interest expense	33			31		55			57
Income (loss) from discontinued operations before income taxes	(399,483		)	37,502		(915,640		)	76,776
Income taxes	(148,068		)	13,621		(339,620		)	27,783
Income (loss) from discontinued operations	$	(251,415	)	$	23,881	$	(576,020	)	$	48,993