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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2018
Revenue Recognition [Abstract]  
Disaggregation of Revenue by Segment





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

Intersegment

 

 

 

(in millions)

 

E&P

 

Midstream

 

Revenues

 

Total

Year ended December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Gas sales

 

$

1,974 

 

$

–  

 

$

24 

 

$

1,998 

Oil sales

 

 

193 

 

 

–  

 

 

 

 

196 

NGL sales

 

 

353 

 

 

–  

 

 

(1)

 

 

352 

Marketing

 

 

–  

 

 

3,497 

 

 

(2,275)

 

 

1,222 

Gas gathering (1)

 

 

–  

 

 

248 

 

 

(159)

 

 

89 

Other (2)

 

 

 

 

–  

 

 

–  

 

 

Total

 

$

2,525 

 

$

3,745 

 

$

(2,408)

 

$

3,862 



 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Gas sales

 

$

1,775 

 

$

–  

 

$

18 

 

$

1,793 

Oil sales

 

 

101 

 

 

–  

 

 

 

 

102 

NGL sales

 

 

206 

 

 

–  

 

 

–  

 

 

206 

Marketing

 

 

–  

 

 

2,867 

 

 

(1,895)

 

 

972 

Gas gathering

 

 

–  

 

 

331 

 

 

(205)

 

 

126 

Other (2)

 

 

 

 

–  

 

 

–  

 

 

Total

 

$

2,086 

 

$

3,198 

 

$

(2,081)

 

$

3,203 



 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Gas sales

 

$

1,252 

 

$

–  

 

$

21 

 

$

1,273 

Oil sales

 

 

69 

 

 

–  

 

 

–  

 

 

69 

NGL sales

 

 

92 

 

 

–  

 

 

–  

 

 

92 

Marketing

 

 

–  

 

 

2,191 

 

 

(1,327)

 

 

864 

Gas gathering

 

 

–  

 

 

378 

 

 

(240)

 

 

138 

Total

 

$

1,413 

 

$

2,569 

 

$

(1,546)

 

$

2,436 



(1)

The Company’s gas gathering assets were divested in December 2018 as part of the Fayetteville Shale sale.

(2)

Other E&P revenues consists primarily of water sales to third-party operators.

Disaggregation of Revenue on Geographic Basis



 

 

 

 

 

 

 

 

 



 

For the year ended December 31,

(in millions)

 

 

2018

 

 

2017

 

 

2016

Northeast Appalachia

 

$

1,165 

 

$

837 

 

$

470 

Southwest Appalachia

 

 

817 

 

 

498 

 

 

259 

Fayetteville Shale

 

 

537 

 

 

743 

 

 

675 

Other

 

 

 

 

 

 

Total

 

$

2,525 

 

$

2,086 

 

$

1,413 



Reconciliation of Accounts Receivable



 

 

 

 

 

 



 

 

 

 

 

 

(in millions)

 

December 31, 2018

 

December 31, 2017

Receivables from contracts with customers

 

$

494 

 

$

322 

Other accounts receivable

 

 

87 

 

 

106 

Total accounts receivable

 

$

581 

 

$

428