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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Oil, Gas and NGL Sales $ 1,228 $ 1,341 $ 3,893 $ 3,537
Income from Equity Method Investees 41 53 138 150
Total Revenues 1,269 1,394 4,031 3,687
Costs and Expenses        
Production Expense 217 221 697 619
Exploration Expense 217 60 350 211
Depreciation, Depletion and Amortization 460 412 1,297 1,146
General and Administrative 132 109 399 324
Gain on Divestitures (30) 0 (72) (12)
Asset Impairments 33 63 164 63
Other Operating Expense, Net 10 6 33 27
Total 1,039 871 2,868 2,378
Operating Income 230 523 1,163 1,309
Other (Income) Expense        
(Gain) Loss on Commodity Derivative Instruments (385) 157 (74) 69
Interest, Net of Amount Capitalized 52 46 151 104
Other Non-Operating (Income) Expense, Net (13) 9 1 21
Total (346) 212 78 194
Income from Continuing Operations Before Income Taxes 576 311 1,085 1,115
Income Tax Provision 157 116 274 330
Income from Continuing Operations 419 195 811 785
Discontinued Operations, Net of Tax 0 10 0 58
Net Income $ 419 $ 205 $ 811 $ 843
Earnings Per Share, Basic [Abstract]        
Income from Continuing Operations (in dollars per share) $ 1.16 $ 0.54 $ 2.25 $ 2.19
Discontinued Operations, Net of Tax (in dollars per share) $ 0.00 $ 0.03 $ 0.00 $ 0.16
Net Income (in dollars per share) $ 1.16 $ 0.57 $ 2.25 $ 2.35
Earnings Per Share, Diluted [Abstract]        
Income from Continuing Operations (in dollars per share) $ 1.12 $ 0.53 $ 2.21 $ 2.17
Discontinued Operations, Net of Tax (in dollars per share) $ 0.00 $ 0.03 $ 0.00 $ 0.16
Net Income (in dollars per share) $ 1.12 $ 0.56 $ 2.21 $ 2.33
Weighted Average Number of Shares Outstanding [Abstract]        
Weighted Average Number of Shares Outstanding, Basic (in shares) 362 359 361 359
Weighted Average Number of Shares Outstanding, Diluted (in shares) 367 363 367 363