Segment Information (Tables)

6 Months Ended

Jun. 30, 2014

Segment Information [Abstract]

Summary Financial Information For Company's Reportable Segments

	Exploration
	and		Midstream
	Production		Services		Other			Total
	(in millions)
Three months ended June 30, 2014:
Revenues from external customers	$	721	$	314	$	–		$	1,035
Intersegment revenues		4		817		–			821
Operating income (loss)		275		93		(1)			367
Loss on derivatives		(7)		(1)		–			(8)
Depreciation, depletion and amortization expense		216		14		–			230
Interest expense(1)		10		2		–			12
Provision for income taxes(1)		105		35		–			140
Assets		7,127		1,532		228	(2)		8,887
Capital investments(3)		676		36		9			721
Three months ended June 30, 2013:
Revenues from external customers	$	617	$	245	$	–		$	862
Intersegment revenues		2		642		(1)			643
Operating income (loss)		253		73		(1)			325
Other gain, net		1		–		–			1
Gain on derivatives		93		–		–			93
Depreciation, depletion and amortization expense		174		13		–			187
Interest expense(1)		6		3		–			9
Provision for income taxes(1)		138		26		–			164
Assets		6,006		1,384		245	(2)		7,635
Capital investments(3)		631		57		7			695

	Exploration
	and		Midstream
	Production		Services		Other			Total
	(in millions)
Six months ended June 30, 2014:
Revenues from external customers	$	1,517	$	631	$	–		$	2,148
Intersegment revenues		10		1,730		–			1,740
Operating income		627		175		–			802
Other gain, net		1		–		–			1
Loss on derivatives		(107)		(1)		–			(108)
Depreciation, depletion and amortization expense		427		28		–			455
Interest expense(1)		18		7		–			25
Provision for income taxes(1)		202		67		–			269
Assets		7,127		1,532		228	(2)		8,887
Capital investments(3)		1,175		75		13			1,263
Six months ended June 30, 2013:
Revenues from external customers	$	1,126	$	469	$	–		$	1,595
Intersegment revenues		3		1,139		–			1,142
Operating income		428		149		–			577
Gain on derivatives		64		–		–			64
Depreciation, depletion and amortization expense		342		24		–			366
Interest expense(1)		14		5		–			19
Provision for income taxes(1)		194		55		–			249
Assets		6,006		1,384		245	(2)		7,635
Capital investments(3)		1,107		95		11			1,213

⁽¹⁾ Interest expense and the provision for income taxes by segment are allocated as they are incurred at the corporate level.

⁽²⁾ Other assets represent corporate assets not allocated to segments and assets for non reportable segments.

⁽³⁾ Capital investments includes increases of $56 million and $8 million for the threemonth periods ended June 30, 2014 and 2013, respectively, and increases of $61 million and $40 million for the six month periods ended June 30, 2014 and 2013, respectively,  relating to the change in accrued expenditures between periods.