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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Revenues:      
Gas sales $ 1,793 $ 1,273 $ 1,946
Oil sales 102 69 76
NGL sales 206 92 73
Marketing 972 864 863
Gas gathering 126 138 175
Other 4    
Total Operating Revenues 3,203 2,436 3,133
Operating Costs and Expenses:      
Marketing purchases 976 864 852
Operating expenses 671 592 689
General and administrative expenses 233 247 246
Restructuring charges   78  
Depreciation, depletion and amortization 504 436 1,091
Impairment of natural gas and oil properties 0 2,321 6,950
Gain on sale of assets, net (6)   (283)
Taxes, other than income taxes 94 93 110
Total Operating Costs and Expenses 2,472 4,631 9,655
Operating Income (Loss) 731 (2,195) (6,522)
Interest Expense:      
Interest on debt 239 226 200
Other interest charges 9 14 60
Interest capitalized (113) (152) (204)
Total Interest Expense 135 88 56
Gain (Loss) on Derivatives 422 (339) 47
Loss on Early Extinguishment of Debt (70) (51)  
Other Income (Loss), Net 5 1 (30)
Income (Loss) Before Income Taxes 953 (2,672) (6,561)
Benefit for Income Taxes:      
Current (22) (7) (2)
Deferred (71) (22) (2,003)
Benefit for Income Taxes (93) (29) (2,005)
Net Income (Loss) 1,046 [1] (2,643) (4,556)
Mandatory convertible preferred stock dividend 108 108 106
Participating securities - mandatory convertible preferred stock 123    
Net Income (Loss) Attributable to Common Stock $ 815 $ (2,751) $ (4,662)
Earnings (Loss) Per Common Share:      
Basic $ 1.64 $ (6.32) $ (12.25)
Diluted $ 1.63 $ (6.32) $ (12.25)
Weighted Average Common Shares Outstanding:      
Basic 498,264,321 435,337,402 380,521,039
Diluted 500,804,297 435,337,402 380,521,039
[1] In 2017, deferred tax activity incurred in other comprehensive income was offset by a valuation allowance.