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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Information [Abstract]  
Summary Financial Information For Company's Reportable Segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exploration

 

 

 

 

 

 

 

 

 

 

 

and

 

Midstream

 

 

 

 

 

 

 

 

Production

 

Services

 

Other

 

Total

 

 

(in millions)

2015

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

 2,095 

 

$

 1,038 

 

$

– 

 

$

 3,133 

Intersegment revenues

 

 

 (21)

 

 

 2,081 

 

 

– 

 

 

 2,060 

Operating income (loss)

 

 

 (7,104)

(2)

 

 583 

 

 

 (1)

 

 

 (6,522)

Other loss, net

 

 

 (21)

 

 

 (9)

 

 

– 

 

 

 (30)

Gain (loss) on derivatives

 

 

 51 

 

 

– 

 

 

 (4)

 

 

 47 

Depreciation, depletion and amortization expense

 

 

 1,028 

 

 

 62 

 

 

 1 

 

 

 1,091 

Impairment of natural gas and oil properties

 

 

 6,950 

 

 

– 

 

 

– 

 

 

 6,950 

Interest expense(1)

 

 

 47 

 

 

 9 

 

 

– 

 

 

 56 

Provision (benefit) for income taxes(1)

 

 

 (2,273)

 

 

 268 

 

 

 – 

 

 

 (2,005)

Assets

 

 

 6,588 

(3)

 

 1,290 

 

 

 232 

 

 

 8,110 

Capital investments(4)

 

 

 2,258 

 

 

 167 

 

 

 12 

 

 

 2,437 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

 2,850 

 

$

 1,188 

 

$

–  

 

$

 4,038 

Intersegment revenues

 

 

 12 

 

 

 3,170 

 

 

–  

 

 

 3,182 

Operating income (loss)

 

 

 1,013 

 

 

 361 

 

 

 (1)

 

 

 1,373 

Other loss, net

 

 

 (3)

 

 

 (1)

 

 

–  

 

 

 (4)

Gain (loss) on derivatives

 

 

 142 

 

 

 (1)

 

 

 (2)

 

 

 139 

Depreciation, depletion and amortization expense

 

 

 884 

 

 

 58 

 

 

–  

 

 

 942 

Interest expense(1)

 

 

 47 

 

 

 12 

 

 

–  

 

 

 59 

Provision for income taxes(1)

 

 

 402 

 

 

 123 

 

 

–  

 

 

 525 

Assets

 

 

 13,018 

(3)

 

 1,554 

 

 

 353 

 

 

 14,925 

Capital investments(4)

 

 

 7,254 

 

 

 144 

 

 

 49 

 

 

 7,447 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

 2,398 

 

$

 973 

 

$

–  

 

$

 3,371 

Intersegment revenues

 

 

 6 

 

 

 2,374 

 

 

–  

 

 

 2,380 

Operating income

 

 

 879 

 

 

 325 

 

 

–  

 

 

 1,204 

Other income (loss), net

 

 

 3 

 

 

–  

 

 

 (1)

 

 

 2 

Gain on derivatives

 

 

 26 

 

 

–  

 

 

–  

 

 

 26 

Depreciation, depletion and amortization expense

 

 

 735 

 

 

 51 

 

 

 1 

 

 

 787 

Interest expense(1)

 

 

 30 

 

 

 11 

 

 

 1 

 

 

 42 

Provision (benefit) for income taxes(1)

 

 

 368 

 

 

 119 

 

 

 (1)

 

 

 486 

Assets

 

 

 6,357 

(3)

 

 1,427 

 

 

 264 

 

 

 8,048 

Capital investments(4)

 

 

 2,052 

 

 

 158 

 

 

 25 

 

 

 2,235 

 

(1)

Interest expense and the provision (benefit) for income taxes by segment are an allocation of corporate amounts as they are incurred at the corporate level.

(2)

Includes $6,950 million from non-cash impairments of natural gas and oil properties.

(3)

Includes office, technology, drilling rigs and other ancillary equipment not directly related to natural gas and oil property acquisition, exploration and development activities.

(4)

Capital investments include a decrease of  $33 million for 2015, an increase of $155 million for 2014 and a decrease of $25 million for 2013 related to the change in accrued expenditures between years.