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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, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Revenue from Sales $ 1,093 $ 1,230 $ 2,145 $ 2,516
Total 1,093 1,230 2,145 2,516
Costs and Expenses        
Production Expense 260 290 565 609
Depreciation, Depletion and Amortization 528 465 1,036 933
General and Administrative 105 105 207 209
Other Operating Expense, Net 55 34 104 84
Gain on Divestitures, Net 0 (78) 0 (666)
Asset Impairments 0 0 0 168
Firm Transportation Exit Cost 0 0 92 0
Total 1,061 887 2,204 1,465
Operating Income (Loss) 32 343 (59) 1,051
Other Expense        
(Gain) Loss on Commodity Derivative Instruments (60) 249 152 328
Interest, Net of Amount Capitalized 63 73 129 146
Other Non-Operating Expense, Net 1 11 5 24
Total 4 333 286 498
Income (Loss) Before Income Taxes 28 10 (345) 553
Income Tax Expense (Benefit) 20 16 (64) (15)
Net Income (Loss) and Comprehensive Income (Loss) Including Noncontrolling Interests 8 (6) (281) 568
Less: Net Income and Comprehensive Income Attributable to Noncontrolling Interests 18 17 42 37
Net (Loss) Income and Comprehensive (Loss) Income Attributable to Noble Energy $ (10) $ (23) $ (323) $ 531
Net (Loss) Income Attributable to Noble Energy Common Shareholders per Share        
Basic ($ per share) $ (0.02) $ (0.05) $ (0.68) $ 1.09
Diluted ($ per share) $ (0.02) $ (0.05) $ (0.68) $ 1.09
Weighted Average Number of Common Shares Outstanding        
Basic (in shares) 478 484 478 485
Diluted (in shares) 478 484 478 487
Oil, NGL and Gas Sales        
Revenues        
Revenue from Sales $ 954 $ 1,100 $ 1,891 $ 2,273
Sales of Purchased Oil and Gas        
Revenues        
Revenue from Sales 103 66 177 119
Costs and Expenses        
Cost of Purchased Oil and Gas 113 71 200 128
Other Revenue        
Revenues        
Revenue from Sales $ 36 $ 64 $ 77 $ 124