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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Oil, NGL and Gas Sales $ 1,017 $ 823 $ 2,011 $ 1,528
Income from Equity Method Investees and Other 42 24 84 43
Total 1,059 847 2,095 1,571
Costs and Expenses        
Production Expense 283 280 586 556
Exploration Expense 30 89 72 252
Depreciation, Depletion and Amortization 503 622 1,031 1,239
Loss on Marcellus Shale Upstream Divestiture 2,322 0 2,322 0
General and Administrative 103 107 202 198
Other Operating Expense, Net 118 11 147 10
Total 3,359 1,109 4,360 2,255
Operating Loss (2,300) (262) (2,265) (684)
Other Expense (Income)        
(Gain) Loss on Commodity Derivative Instruments (57) 151 (167) 107
Interest, Net of Amount Capitalized 96 78 183 157
Other Non-Operating (Income) Expense, Net (5) 7 (6) 3
Total 34 236 10 267
Loss Before Income Taxes (2,334) (498) (2,275) (951)
Income Tax Benefit (836) (183) (824) (349)
Net Loss and Comprehensive Loss Including Noncontrolling Interests (1,498) (315) (1,451) (602)
Less: Net Income and Comprehensive Income Attributable to Noncontrolling Interests 14 0 25 0
Net Loss and Comprehensive Loss Attributable to Noble Energy $ (1,512) $ (315) $ (1,476) $ (602)
Loss Per Share, Basic and Diluted ($ per share) $ (3.20) $ (0.73) $ (3.27) $ (1.40)
Weighted Average Number of Common Shares Outstanding        
Basic and Diluted (in shares) 472 430 452 429