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Consolidated Statements of Operations (unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Oil, Gas and NGL Sales $ 1,338 $ 1,112 $ 2,665 $ 2,196
Income from Equity Method Investees 45 37 97 96
Total Revenues 1,383 1,149 2,762 2,292
Costs and Expenses        
Production Expense 248 210 481 398
Exploration Expense 59 90 133 151
Depreciation, Depletion and Amortization 413 368 837 734
General and Administrative 127 104 266 216
(Gain) Loss on Divestitures (44) 4 (42) (12)
Asset Impairments 34 0 131 0
Other Operating Expense, Net 17 12 23 20
Total 854 788 1,829 1,507
Operating Income 529 361 933 785
Other (Income) Expense        
(Gain) Loss on Commodity Derivative Instruments 236 (161) 311 (89)
Interest, Net of Amount Capitalized 52 33 99 58
Other Non-Operating Expense, Net 8 3 13 12
Total 296 (125) 423 (19)
Income from Continuing Operations Before Income Taxes 233 486 510 804
Income Tax Provision 41 128 118 214
Income from Continuing Operations 192 358 392 590
Discontinued Operations, Net of Tax 0 19 0 49
Net Income $ 192 $ 377 $ 392 $ 639
Earnings Per Share, Basic [Abstract]        
Income from Continuing Operations (in dollars per share) $ 0.53 $ 1.00 $ 1.09 $ 1.64
Discontinued Operations, Net of Tax (in dollars per share) $ 0.00 $ 0.05 $ 0.00 $ 0.14
Net Income (in dollars per share) $ 0.53 $ 1.05 $ 1.09 $ 1.78
Earnings Per Share, Diluted [Abstract]        
Income from Continuing Operations (in dollars per share) $ 0.52 $ 0.99 $ 1.07 $ 1.63
Discontinued Operations, Net of Tax (in dollars per share) $ 0.00 $ 0.05 $ 0.00 $ 0.13
Net Income (in dollars per share) $ 0.52 $ 1.04 $ 1.07 $ 1.76
Weighted Average Number of Shares Outstanding [Abstract]        
Weighted Average Number of Shares Outstanding, Basic (in shares) 361 359 361 358
Weighted Average Number of Shares Outstanding, Diluted (in shares) 366 363 365 362