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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Revenues:      
Gas sales $ 1,273 $ 1,946 $ 2,827
Oil sales 69 76 19
NGL sales 92 73 3
Marketing 864 863 996
Gas gathering 138 175 193
Total Operating Revenues 2,436 3,133 4,038
Operating Costs and Expenses:      
Marketing purchases 864 852 980
Operating expenses 592 689 427
General and administrative expenses 247 246 221
Restructuring charges 78    
Depreciation, depletion and amortization 436 1,091 942
Impairment of natural gas and oil properties 2,321 6,950  
Gain on sale of assets, net   (283)  
Taxes, other than income taxes 93 110 95
Total Operating Costs and Expenses 4,631 9,655 2,665
Operating Income (Loss) (2,195) (6,522) 1,373
Interest Expense:      
Interest on debt 226 200 101
Other interest charges 14 60 13
Interest capitalized (152) (204) (55)
Total Interest Expense 88 56 59
Gain (Loss) on Derivatives (339) 47 139
Loss on Early Extinguishment of Debt (51)    
Other Income (Loss), Net 1 (30) (4)
Income (Loss) Before Income Taxes (2,672) (6,561) 1,449
Provision (Benefit) for Income Taxes:      
Current (7) (2) 21
Deferred (22) (2,003) 504
Provision (Benefit) for Income Taxes (29) (2,005) 525
Net Income (Loss) (2,643) (4,556) 924
Mandatory convertible preferred stock dividend 108 106  
Net Income (Loss) Attributable to Common Stock $ (2,751) $ (4,662) $ 924
Earnings (Loss) Per Common Share:      
Basic $ (6.32) $ (12.25) $ 2.63
Diluted $ (6.32) $ (12.25) $ 2.62
Weighted Average Common Shares Outstanding:      
Basic 435,337,402 380,521,039 351,446,747
Diluted 435,337,402 380,521,039 352,410,683