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Consolidated Statements of Operations (unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Oil, Gas and NGL Sales $ 1,327 $ 1,083
Income from Equity Method Investees 52 60
Total Revenues 1,379 1,143
Costs and Expenses    
Production Expense 232 187
Exploration Expense 74 61
Depreciation, Depletion and Amortization 425 366
General and Administrative 140 112
Asset Impairments 97 0
Other Operating (Income) Expense, Net 7 (8)
Total 975 718
Operating Income 404 425
Other (Income) Expense    
Loss on Commodity Derivative Instruments (75) (72)
Interest, Net of Amount Capitalized 47 25
Other Non-Operating Expense, Net 5 10
Total 127 107
Income from Continuing Operations Before Income Taxes 277 318
Income Tax Provision 77 86
Income from Continuing Operations 200 232
Discontinued Operations, Net of Tax 0 29
Net Income $ 200 $ 261
Earnings Per Share, Basic [Abstract]    
Income from Continuing Operations (in dollars per share) $ 0.56 $ 0.65
Discontinued Operations, Net of Tax (in dollars per share) $ 0.00 $ 0.08
Net Income (in dollars per share) $ 0.56 $ 0.73
Earnings Per Share, Diluted [Abstract]    
Income from Continuing Operations (in dollars per share) $ 0.55 $ 0.64
Discontinued Operations, Net of Tax (in dollars per share) $ 0.00 $ 0.08
Net Income (in dollars per share) $ 0.55 $ 0.72
Weighted Average Number of Shares Outstanding [Abstract]    
Weighted Average Number of Shares Outstanding, Basic (in shares) 360 358
Weighted Average Number of Shares Outstanding, Diluted (in shares) 365 362