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Loss Per Share
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Loss Per Share
Income (Loss) Per Share Attributable to Noble Energy
Noble Energy's basic income (loss) per share of common stock is computed by using net income (loss) attributable to Noble Energy divided by the weighted average number of shares of Noble Energy common stock outstanding during each period. The following table summarizes the calculation of basic and diluted income (loss) per share:
 
Three Months Ended
March 31,
(millions, except per share amounts)
2017
 
2016
Net Income (Loss) and Comprehensive Income (Loss) Attributable to Noble Energy
$
36

 
$
(287
)
 
 
 
 
Weighted Average Number of Shares Outstanding, Basic
431

 
429

Incremental Shares from Assumed Conversion of Dilutive Stock Options, Restricted Stock, and Shares of Common Stock in Rabbi Trust (1)
3

 
—

Weighted Average Number of Shares Outstanding, Diluted
434

 
429

Income (Loss) Per Share, Basic
$
0.08

 
$
(0.67
)
Income (Loss) Per Share, Diluted
0.08

 
(0.67
)
Number of Antidilutive Stock Options, Shares of Restricted Stock, and Shares of Common Stock in Rabbi Trust Excluded from Calculation Above
14

 
15


(1) 
For first quarter 2016, all outstanding options and non-vested restricted shares have been excluded from the calculation of diluted loss per share as the Company incurred a net loss. Therefore, inclusion of outstanding options and non-vested restricted shares in the calculation of diluted loss per share would be anti-dilutive.