XML 15 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Oil, NGL and Gas Sales $ 1,173 $ 994
Income from Equity Method Investees and Other 113 42
Total 1,286 1,036
Costs and Expenses    
Production Expense 321 303
Exploration Expense 35 42
Depreciation, Depletion and Amortization 468 528
Asset Impairments 168 0
Gain on Divestitures (588) 0
General and Administrative 104 99
Other Operating Expense, Net 70 29
Total 578 1,001
Operating Income 708 35
Other (Income) Expense    
Loss (Gain) on Commodity Derivative Instruments 79 (110)
Interest, Net of Amount Capitalized 73 87
Other Non-Operating Expense (Income), Net 13 (1)
Total 165 (24)
Income Before Income Taxes 543 59
Income Tax (Benefit) Expense (31) 12
Net Income and Comprehensive Income Including Noncontrolling Interests 574 47
Less: Net Income and Comprehensive Income Attributable to Noncontrolling Interests 20 11
Net Income and Comprehensive Income Attributable to Noble Energy $ 554 $ 36
Net Income Attributable to Noble Energy per Common Share    
Basic ($ per share) $ 1.14 $ 0.08
Diluted ($ per share) $ 1.14 $ 0.08
Weighted Average Number of Common Shares Outstanding    
Basic (in shares) 487 431
Diluted (in shares) 488 434