Reduction In Workforce (Tables)

9 Months Ended

Sep. 30, 2016


	For the three months ended		For the nine months ended
	September 30, 2016		September 30, 2016
	(in millions)
Severance (including payroll taxes) (1)	$	–	$	44
Stock-based compensation (2)		–		24
Pension and other postretirement benefits (3)		2		5
Other benefits		–		3
Outplacement services, other		–		1
Total restructuring charges (4)	$	2	$	77

(1)Includes $1 million related to executive management restructuring for the nine months ended September 30, 2016.

(2)

Includes $3 million related to executive management restructuring for the nine months ended September 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 $2 million for the Company’s E&P segment for the three months ended September 30, 2016. For the nine months ended September 30, 2016, restructuring charges were $74 million and $3 million for the Company’s E&P and Midstream segments, respectively.

Summary Of Liabilities Associated With Restructuring Activities


Liability at June 30, 2016	$	2
Additions		−
Distributions		(1)
Liability at September 30, 2016	$	1