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Consolidated Statements of Operations (unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues    
Oil, Gas and NGL Sales $ 1,083 $ 1,037
Income from Equity Method Investees 60 51
Total 1,143 1,088
Costs and Expenses    
Production Expense 187 163
Exploration Expense 61 60
Depreciation, Depletion and Amortization 366 294
General and Administrative 112 97
Other Operating (Income) Expense, Net (8) 12
Total 718 626
Operating Income 425 462
Other (Income) Expense    
Loss on Commodity Derivative Instruments 72 96
Interest, Net of Amount Capitalized 25 32
Other Non-Operating (Income) Expense, Net 10 (1)
Total 107 127
Income from Continuing Operations Before Income Taxes 318 335
Income Tax Provision 86 86
Income from Continuing Operations 232 249
Discontinued Operations, Net of Tax 29 14
Net Income $ 261 $ 263
Earnings Per Share, Basic [Abstract]    
Income from Continuing Operations (in dollars per share) $ 1.29 $ 1.40
Discontinued Operations, Net of Tax (in dollars per share) $ 0.17 $ 0.08
Net Income (in dollars per share) $ 1.46 $ 1.48
Earnings Per Share, Diluted [Abstract]    
Income from Continuing Operations (in dollars per share) $ 1.28 $ 1.39
Discontinued Operations, Net of Tax (in dollars per share) $ 0.17 $ 0.08
Net Income (in dollars per share) $ 1.45 $ 1.47
Weighted Average Number of Shares Outstanding, Basic (in shares) 179 177
Weighted Average Number of Shares Outstanding, Diluted (in shares) 181 180