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Reduction In Workforce (Tables)
6 Months Ended
Jun. 30, 2016
Reduction In Workforce [Abstract]  
Summary Of Restructuring Charges



 

 

 

 

 

 



 

For the three

months ended

 

For the six

months ended



 

June 30, 2016

 

June 30, 2016



 

(in millions)

Severance (including payroll taxes) (1)

 

$

 

$

44 

Stock-based compensation (2)

 

 

 

 

24 

Pension and other postretirement benefits (3)

 

 

 

 

Other benefits

 

 

–  

 

 

Outplacement services, other

 

 

–  

 

 

Total restructuring charges (4)

 

$

11 

 

$

75 

(1)Includes $1 million related to executive management restructuring for the three and six months ended June 30, 2016.

(2)

Includes $3 million related to executive management restructuring for the three and six months ended June 30, 2016.

(3)

Includes non-cash charges related to the curtailment and settlement of the pension and other postretirement benefit plans. See Note 12 for additional details regarding the Company’s retirement and employee benefit plans.

(4)

Total restructuring charges were $11 million and less than $1 million for the Company’s E&P and Midstream segments, respectively, for the three months ended June 30, 2016. For the six months ended June 30, 2016, restructuring charges were $72 million and $3 million for the Company’s E&P and Midstream segments, respectively.

Summary Of Liabilities Associated With Restructuring Activities



 

 

 

Liability at March 31, 2016

 

$

24 

Additions

 

 

Distributions

 

 

(24)

Liability at June 30, 2016

 

$