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Additional Financial Statement Information (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Other Revenues      
Electricity Sales $ 32 [1] $ 73 [1] $ 72 [1]
Refund of Deepwater Gulf of Mexico Royalties 0 [2] 0 [2] 86 [2]
Other 0 (1) 11
Total 32 72 169
Production Expense      
Lease Operating Expense 397 376 372
Production and Ad Valorem Taxes 146 125 94
Transportation Expense 75 69 59
Total 618 570 525
Other Operating Expense, Net      
Deepwater Gulf of Mexico Moratorium Expense 18 [3] 27 [3] 0 [3]
Electricity Generation Expense 26 [1] 39 [1] 18 [1]
Write-down of SemCrude L.P. Receivable 0 [4] 0 [4] 12 [4]
Loss on Involuntary Conversion 4 [5] 0 [5] 0 [5]
Other, Net 38 (2) 37
Total 86 64 67
Other Non-Operating (Income) Expense, Net      
Deferred Compensation Expense 8 [6] 15 [6] 23 [6]
Interest Income (8) [7] (7) [7] (13) [7]
Other (Income) Expense, Net 2 (2) 2
Other Non-Operating (Income) Expense, Net 2 6 12
Accounts Receivable, Net [Abstract]      
Commodity Sales 356 291  
Joint Interest Billings 313 259  
Other 123 33  
Allowance for Doubtful Accounts (9) [8] (27) [8]  
Total 783 556  
Other Current Assets [Abstract]      
Inventories, Current 78 112  
Commodity Derivative Assets, Current 10 62  
Deferred Income Taxes, Net, Current 41 9  
Probable Insurance Claims 15 [9] 0 [9]  
Prepaid Expenses and Other Assets, Current 36 18  
Total 180 201  
Other Noncurrent Assets [Abstract]      
Equity Method Investments 329 [10] 285 [10] 303
Mutual Fund Investments 99 112  
Commodity Derivative Assets, Noncurrent 37 0  
Other Assets, Noncurrent 83 87  
Total 548 484  
Other Current Liabilities [Abstract]      
Production and Ad Valorem Taxes 121 110  
Commodity Derivative Liabilities, Current 76 24  
Interest Rate Derivative Liability, Current 0 63  
Income Taxes Payable 127 90  
Asset Retirement Obligations, Current 33 [11] 45 [11]  
Interest Payable 56 36  
CONSOL Installment Payment 324 [12] 0 [12]  
Current Portion of FPSO Lease Obligation 45 0  
Other Liabilities, Current 143 127  
Total 925 495  
Other Noncurrent Liabilities [Abstract]      
Deferred Compensation Liabilities, Noncurrent 222 229  
Asset Retirement Obligations, Noncurrent 344 [11] 208 [11]  
Accrued Benefit Costs, Noncurrent 88 76  
Commodity Derivative Liabilities, Noncurrent 7 51  
Other Liabilities, Noncurrent 91 66  
Total 752 630  
Interest in CONE Gathering LLC 50.00%    
Cash Paid During the Year For [Abstract]      
Interest, Net of Amount Capitalized 32 66 52
Income Taxes Paid, Net 288 173 227
Non-Cash Financing and Investing Activities [Abstract]      
Increase in CONSOL Installment Loan, Net of Discount 639 0 0
Increase in FPSO Lease Obligation 66 266 29
Interest income on royalties refunds   $ 3 $ 11
[1] Amount represents electricity sales from the Machala power plant located in Machala, Ecuador. Electricity generation expense includes all operating and non-operating expenses associated with the plant, including DD&A and changes in the allowance for doubtful accounts. See Note 3. Acquisitions and Divestitures, Note 4. Asset Impairments, and Note 5. Allowance for Doubtful Accounts.
[2] The refund was attributable to royalties that we previously paid on crude oil and natural gas produced in the deepwater Gulf of Mexico from January 1, 2003 through July 31, 2009.
[3] Amounts relate to rig stand-by expense incurred prior to receiving a permit to resume drilling activities in the deepwater Gulf of Mexico in 2011 and costs to terminate a deepwater Gulf of Mexico drilling rig contract due to the deepwater Gulf of Mexico drilling moratorium in 2010.
[4] See Note 5. Allowance for Doubtful Accounts.
[5] The loss on involuntary conversion represents our insurance deductible related to the Leviathan-2 appraisal well control incident. We suspended operations on the Leviathan-2 well, offshore Israel, in May 2011 when we identified water flowing to the sea floor from the wellbore. The incident was a covered event under our well control insurance. At this time, we expect to recover most of the costs from insurance, subject to a deductible. The final amount to be recovered will be based on the cost to drill the Leviathan-3 replacement well down to the same depth at which the incident occurred, possible remediation activities and/or abandonment activities at the Leviathan-2 well, which have not yet been determined, and other factors. See footnote (2) below.
[6] Amount represents increases in the fair value of shares of our common stock held in a rabbi trust. See Note 14. Benefit Plans.
[7] Interest income for 2010 and 2009 includes $3 million and $11 million, respectively, related to the refund of deepwater Gulf of Mexico royalties.
[8] The decrease in the allowance for doubtful accounts from December 31, 2010 is due primarily to the transfer of assets to the Ecuadorian government. See Note 3. Acquisitions and Divestitures and Note 5. Allowance for Doubtful Accounts.
[9] Amount represents the costs incurred to date, net of insurance deductible and cash receipts for the Leviathan-2 appraisal well. See footnote (5) above.
[10] The increase in equity method investments from December 31, 2010 is due primarily to our acquisition of a 50% interest in CONE. See Note 3. Acquisitions and Divestitures.
[11] See Note 11. Asset Retirement Obligations
[12] See Note 3. Acquisitions and Divestitures and Note 12. Long-Term Debt.