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Consolidated Statements of Operations (unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Oil, Gas and NGL Sales $ 1,341 $ 954 $ 3,537 $ 2,925
Income from Equity Method Investees 53 51 150 137
Total 1,394 1,005 3,687 3,062
Costs and Expenses        
Production Expense 221 158 619 492
Exploration Expense 60 95 211 322
Depreciation, Depletion and Amortization 412 368 1,146 987
General and Administrative 109 93 324 286
Gain on Divestitures 0 (157) (12) (167)
Asset Impairments 63 0 63 73
Other Operating (Income) Expense, Net 6 (2) 27 19
Total 871 555 2,378 2,012
Operating Income 523 450 1,309 1,050
Other (Income) Expense        
(Gain) Loss on Commodity Derivative Instruments 157 135 69 (46)
Interest, Net of Amount Capitalized 46 36 104 95
Other Non-Operating (Income) Expense, Net 9 4 21 2
Total 212 175 194 51
Income from Continuing Operations Before Income Taxes 311 275 1,115 999
Income Tax Provision 116 111 330 312
Income from Continuing Operations 195 164 785 687
Discontinued Operations, Net of Tax 10 57 58 89
Net Income $ 205 $ 221 $ 843 $ 776
Earnings Per Share, Basic [Abstract]        
Income from Continuing Operations (in dollars per share) $ 0.54 $ 0.46 $ 2.19 $ 1.93
Discontinued Operations, Net of Tax (in dollars per share) $ 0.03 $ 0.16 $ 0.16 $ 0.25
Net Income (in dollars per share) $ 0.57 $ 0.62 $ 2.35 $ 2.18
Earnings Per Share, Diluted [Abstract]        
Income from Continuing Operations (in dollars per share) $ 0.53 $ 0.45 $ 2.17 $ 1.90
Discontinued Operations, Net of Tax (in dollars per share) $ 0.03 $ 0.16 $ 0.16 $ 0.25
Net Income (in dollars per share) $ 0.56 $ 0.61 $ 2.33 $ 2.15
Weighted Average Number of Shares Outstanding [Abstract]        
Weighted Average Number of Shares Outstanding, Basic (in shares) 359 356 359 356
Weighted Average Number of Shares Outstanding, Diluted (in shares) 363 359 363 361