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Reduction in Workforce (Tables)
9 Months Ended
Sep. 30, 2018
Reduction in Workforce [Abstract]  
Summary of Restructuring Charges





 

 

 

 

 



 

 

 

 

 



For the three months ended

 

For the nine months ended

(in millions)

September 30, 2018

 

September 30, 2018

Severance (including payroll taxes) (1)

$

 

$

18 

Professional fees

 

 

 

Total restructuring charges (2)

$

 

$

20 



(1)

Includes approximately $2 million in cash severance payments related to the approximate fair value of a portion of unvested stock-based awards that were subsequently cancelled and approximately $389,000 in non-cash stock-based compensation for the nine months ended September 30, 2018.



(2)

Total restructuring charges were $2 million for the Company’s E&P segment for the three months ended September 30, 2018.  For the nine months ended September 30, 2018, restructuring charges were $18 million and $2 million for the Company’s E&P and Midstream segments, respectively.