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Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2012

Acquisitions and Divestitures [Abstract]

Summarized results of discontinued operations are as follows:



	Year Ended December 31,
	2012		2011		2010
(millions)
Oil and Gas Sales	$	208	$	357	$	309
Income Before Income Taxes	101		215		183
Income Tax Expense	55		174		89
Operating Income, Net of Tax	46		41		94
Gain on Sale, Net of Tax	16		—		—
Discontinued Operations, Net of Tax	$	62	$	41	$	94

Schedule of Disposal Groups, Gain on Divestitures - Onshore US [Table Text Block]

The information regarding the assets sold is as follows:



	Year Ended December 31,
	2012
(millions)
Cash Proceeds	$	1,044
Less
Net Book Value of Assets Sold	(836		)
Goodwill Allocated to Assets Sold	(61		)
Asset Retirement Obligations Associated with Assets Sold	20
Other Closing Adjustments	(13		)
Gain on Divestitures	$	154

Purchase Price Allocation of Acquisition

As a result of the transaction, we recorded the following:



	December 31, 2012
(millions)
Unproved Oil and Gas Properties	$	803
Proved Oil and Gas Properties	386
Investment in CONE Gathering LLC	69
Total Assets Acquired ⁽¹⁾	$	1,258


⁽¹⁾	Total reflects impact of $17 million imputed interest on CONSOL installment payments.

Schedule of Purchase Price Allocation - DJ Basin [Table Text Block]

The total purchase price and allocation of the total purchase price are as follows:



	December 31,
	2010
(millions)
Total Purchase Price
Cash Paid	$	458
Net Liabilities Assumed	40
Total	$	498

Allocation of Total Purchase Price
Proved Oil and Gas Properties	$	352
Unproved Oil and Gas Properties	146
Total	$	498

Schedule of Disposal Groups, Gain on Asset Sale Mid-Con & Illinois Basin [Table Text Block]

Information regarding the assets sold is as follows:



	Year Ended December 31,
	2010
(millions)
Cash Proceeds	$	552
Less
Net Book Value of Assets Sold	(394		)
Goodwill Allocated to Assets Sold	(61		)
Asset Retirement Obligations Associated with Assets Sold	10
Other Closing Adjustments	3
Gain on Asset Sale	$	110

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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