XML 55 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restructuring Charges (Tables)
12 Months Ended
Dec. 31, 2018
Restructuring Cost and Reserve [Line Items]  
Summary of Restructuring Charges



 

 

 

 

 

 

 

 

 



 

For the years ended December 31,

(in millions)

 

2018 (1)

 

2017

 

2016 (2)

Reduction in workforce

 

$

23 

 

$

–  

 

$

73 

Fayetteville Shale sale-related

 

 

16 

 

 

–  

 

 

–  

Total restructuring charges

 

$

39 

 

$

–  

 

$

73 



(1)

Does not include a $4 million gain for the year ended December 31, 2018 related to curtailment of the other postretirement benefit plan presented in other income (loss), net on the consolidated statements of operations.



(2)

Does not include a $5 million net loss for the year ended December 31, 2016 related to the curtailment and settlement of the pension and other postretirement benefit plans presented in other income (loss), net on the consolidated statements of operations.

Summary of Liabilities Associated with Restructuring Activities



 

 

 

(in millions)

 

 

Liability at December 31, 2017

 

$

–  

Additions

 

 

39 

Distributions

 

 

34 

Liability at December 31, 2018

 

$



Workforce Reduction [Member]  
Restructuring Cost and Reserve [Line Items]  
Summary of Restructuring Charges



 

For the years ended December 31,

(in millions)

 

2018

 

2017

 

2016 (1)

Severance (including payroll taxes)

 

$

21 

 

$

–  

 

$

44 

Stock-based compensation

 

 

–  

 

 

–  

 

 

24 

Other benefits

 

 

–  

 

 

–  

 

 

Outplacement services, other

 

 

 

 

–  

 

 

Total reduction in workforce-related restructuring charges (2)

 

$

23 

 

$

–  

 

$

73 



(1)

Does not include $5 million non-cash charges related to the curtailment and settlement of the pension and other postretirement benefit plans for the year ended December 31, 2016 presented in other income (loss), net in the consolidated statements of operations.  See Note 12 for additional details regarding the Company’s retirement and employee benefit plans.



(2)

Total restructuring charges were $21 million and $2 million for the Company’s E&P and Midstream segments, respectively, for the year ended December 31, 2018 and $70 million and $3 million for the Company’s E&P and Midstream segments, respectively, for the year ended December 31, 2016.

Fayetteville Shale [Member]  
Restructuring Cost and Reserve [Line Items]  
Summary of Restructuring Charges



 

 

 



 

For the year ended

(in millions)

 

December 31, 2018

Severance (including payroll taxes)

 

$

12 

Office consolidation

 

 

Total Fayetteville Shale sale-related charges (1) (2)

 

$

16 



(1)

Total restructuring charges were $16 million for the Company’s E&P segment for the year ended December 31, 2018.



(2)

Does not include a $4 million gain for the year ended December 31, 2018 related to the curtailment of the other postretirement benefit plan presented in other income (loss), net on the consolidated statements of operations.