Derivatives And Risk Management (Tables)

12 Months Ended

Dec. 31, 2014

Derivatives And Risk Management [Abstract]

Balance Sheet Classification Of Derivative Financial Instruments

	Derivative Assets
	December 31, 2014				December 31, 2013
	Balance Sheet Classification	Fair Value			Balance Sheet Classification	Fair Value
	(in millions)
Derivatives designated as hedging instruments:
Fixed price swaps	Derivative assets		$	165	Derivative assets	$	21
Total derivatives designated as hedging instruments			$	165		$	21
Derivatives not designated as hedging instruments:
Basis swaps	Derivative assets		$	9	Derivative assets	$	13
Fixed price swaps	Derivative assets			163	Derivative assets		37
Basis swaps	Other long-term assets			1	Other long-term assets		–
Interest rate swaps	Other long-term assets			1	Other long-term assets		8
Total derivatives not designated as hedging instruments			$	174		$	58
Total derivative assets			$	339		$	79
	Derivative Liabilities
	December 31, 2014				December 31, 2013
	Balance Sheet Classification		Fair Value		Balance Sheet Classification	Fair Value
	(in millions)
Derivatives designated as hedging instruments:
Fixed price swaps	Derivative liabilities		$	–	Derivative liabilities	$	4
Total derivatives designated as hedging instruments			$	–		$	4
Derivatives not designated as hedging instruments:
Basis swaps	Derivative liabilities		$	4	Derivative liabilities	$	1
Fixed price call options	Derivative liabilities			2	Derivative liabilities		–
Interest rate swaps	Derivative liabilities			3	Derivative liabilities		2
Fixed price call options	Other long-term liabilities			10	Other long-term liabilities		31
Basis swaps	Other long-term liabilities			2	Other long-term liabilities		–
Interest rate swaps	Other long-term liabilities			2	Other long-term liabilities		3
Total derivatives not designated as hedging instruments			$	23		$	37
Total derivative liabilities			$	23		$	41

Schedule Of Derivative Instruments, Volumes Of Natural Gas Production

Year	Fixed price swaps designated for hedge accounting	Fixed price swaps not designated for hedge accounting	Total	Weighted Average Price to be Swapped ($/MMBtu) (1)
2015	120	120	240	$4.40
(1)    The weighted average price to be swapped is $4.40 for each category and in total.

Summary Of Before Tax Effect Of Cash Flow Hedges On Consolidated Financial Statements

			Gain Recognized in Other Comprehensive Income
			(Effective Portion)
		For the years ended
		December 31,
Derivative Instrument		2014		2013
		(in millions)
Fixed price swaps		$	122	$	38
	Classification of Gain  (Loss)	Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings
	Reclassified from Accumulated	(Effective Portion)
	Other Comprehensive Income	For the years ended
	into Earnings	December 31,
Derivative Instrument	(Effective Portion)	2014		2013
		(in millions)
Fixed price swaps	Gas Sales	$	(26)	$	309

Summary Of Before Tax Effect Of Fair Value Hedges Not Designated For Hedge Accounting

		Gain (Loss) on Derivatives,
		Excluding Derivatives, Settled
		Recognized in Earnings
	Consolidated Statement of Operations	For the years ended
	Classification of Gain (Loss) on	December 31,
Derivative Instrument	Derivatives, Net of Settlement	2014		2013
		(in millions)
Basis swaps	Gain (Loss) on Derivatives	$	(7)	$	7
Fixed price call options	Gain (Loss) on Derivatives		18		(26)
Fixed price swaps	Gain (Loss) on Derivatives		126		37
Interest rate swaps	Gain (Loss) on Derivatives		(7)		3
		Gain (Loss)
		on Derivatives, Settled (1)
		Recognized in Earnings
	Consolidated Statement of Operations	For the years ended
	Classification of Gain (Loss)	December 31,
Derivative Instrument	on Derivatives, Settled (1)	2014		2013
		(in millions)
Basis swaps	Gain (Loss) on Derivatives	$	12	$	5
Fixed price swaps	Gain (Loss) on Derivatives		(2)		–
Interest rate swaps	Gain (Loss) on Derivatives		(1)		–

⁽¹⁾ The Company calculates gain (loss) on derivatives, settled, as the summation of gains and losses on positions that have settled within the period.