Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue by Segment

The Company presents a disaggregation of E&P revenues by product on the consolidated statements of operations net of intersegment revenues.  The following table reconciles operating revenues as presented on the consolidated statements of operations to the operating revenues by segment:

(in millions)	E&P		Midstream		Intersegment Revenues			Total
Three months ended June 30, 2019
Gas sales	$	267	$	—	$	8		$	275
Oil sales	46		—		1			47
NGL sales	58		—		—			58
Marketing	—		626		(339		)	287
Total	$	371	$	626	$	(330	)	$	667
Three months ended June 30, 2018
Gas sales	$	400	$	—	$	7		$	407
Oil sales	44		—		—			44
NGL sales	75		—		—			75
Marketing	—		728		(463		)	265
Gas gathering (1)	—		69		(45		)	24
Other (2)	1		—		—			1
Total	$	520	$	797	$	(501	)	$	816

(in millions)	E&P		Midstream		Intersegment Revenues			Total
Six months ended June 30, 2019
Gas sales	$	688	$	—	$	17		$	705
Oil sales	85		—		1			86
NGL sales	139		—		—			139
Marketing	—		1,566		(841		)	725
Other (2)	1		1		—			2
Total	$	913	$	1,567	$	(823	)	$	1,657
Six months ended June 30, 2018
Gas sales	$	935	$	—	$	12		$	947
Oil sales	78		—		1			79
NGL sales	140		—		—			140
Marketing	—		1,557		(1,039		)	518
Gas gathering (1)	—		136		(88		)	48
Other (2)	4		—		—			4
Total	$	1,157	$	1,693	$	(1,114	)	$	1,736

(1)

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

Disaggregation of Revenue on Geographic Basis

	For the three months ended June 30,				For the six months ended June 30,
(in millions)	2019		2018		2019		2018
Northeast Appalachia	$	217	$	213	$	565	$	540
Southwest Appalachia	153		166		346		322
Fayetteville Shale	—		139		—		291
Other	1		2		2		4
Total	$	371	$	520	$	913	$	1,157

Reconciliation of Accounts Receivable

The following table reconciles the Company’s receivables from contracts with customers to consolidated accounts receivable as presented on the consolidated balance sheet:

(in millions)	June 30, 2019		December 31, 2018
Receivables from contracts with customers	$	238	$	494
Other accounts receivable	120		87
Total accounts receivable	$	358	$	581