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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Oil, NGL and Gas Sales $ 1,100 $ 1,017 $ 2,273 $ 2,011
Income from Equity Method Investees and Other 130 42 243 84
Total 1,230 1,059 2,516 2,095
Costs and Expenses        
Production Expense 292 283 613 586
Exploration Expense 29 30 64 72
Depreciation, Depletion and Amortization 465 503 933 1,031
Loss on Marcellus Shale Upstream Divestiture 0 2,322 0 2,322
Gain on Divestitures, Net (78) 0 (666) 0
Asset Impairments 0 0 168 0
General and Administrative 105 103 209 202
Other Operating Expense, Net 74 118 144 147
Total 887 3,359 1,465 4,360
Operating Income (Loss) 343 (2,300) 1,051 (2,265)
Other (Income) Expense        
Loss (Gain) on Commodity Derivative Instruments 249 (57) 328 (167)
Interest, Net of Amount Capitalized 73 96 146 183
Other Non-Operating Expense (Income), Net 11 (5) 24 (6)
Total 333 34 498 10
Income (Loss) Before Income Taxes 10 (2,334) 553 (2,275)
Income Tax Expense (Benefit) 16 (836) (15) (824)
Net (Loss) Income and Comprehensive (Loss) Income Including Noncontrolling Interests (6) (1,498) 568 (1,451)
Less: Net Income and Comprehensive Income Attributable to Noncontrolling Interests 17 14 37 25
Net (Loss) Income and Comprehensive Income (Loss) Attributable to Noble Energy $ (23) $ (1,512) $ 531 $ (1,476)
Net (Loss) Income Attributable to Noble Energy per Common Share        
Basic ($ per share) $ (0.05) $ (3.20) $ 1.09 $ (3.27)
Diluted ($ per share) $ (0.05) $ (3.20) $ 1.09 $ (3.27)
Weighted Average Number of Common Shares Outstanding        
Basic (in shares) 484 472 485 452
Diluted (in shares) 484 472 487 452