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Restructuring Charges
 12 Months Ended
Dec. 31, 2020
Restructuring and Related Activities [Abstract]  
Restructuring Charges RESTRUCTURING CHARGES
As part of an ongoing strategic effort to reposition its portfolio, optimize operational performance and improve margins, the Company has incurred charges related to restructuring that include reductions in workforce, office consolidation and other costs, including those associated with the sale of a large asset such as the Fayetteville Shale. These charges are further discussed below. The following table presents a summary of the restructuring charges included in Operating Income for the years ended December 31, 2020, 2019 and 2018:
For the years ended December 31,
(in millions)20202019
2018 (1)
Reduction in workforce (not Fayetteville Shale sale-related)$16 $— $23 
Fayetteville Shale sale-related— 11 16 
Total restructuring charges$16 $11 $39 
(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.
The following table presents a summary of liabilities associated with the Company’s restructuring activities at December 31, 2020, which are reflected in accounts payable on the consolidated balance sheet:
(in millions)
Liability at December 31, 2019$2 
Additions16 
Distributions(15)
Liability at December 31, 2020$3 
Reduction in Workforce (Not Fayetteville Shale Sale-Related)
In February 2020, the Company notified employees of a workforce reduction plan as a result of a strategic realignment of the Company's organizational structure. This reduction was substantially complete by the end of the first quarter of 2020. Affected employees were offered a severance package, which included a one-time payment depending on length of service and, if applicable, the current value of unvested long-term incentive awards that were forfeited. These costs were recognized as restructuring charges for the year ended December 31, 2020. The Company also recognized additional severance costs in the fourth quarter of 2020 related to continued organizational restructuring for which a liability of $3 million has been accrued as of December 31, 2020.
In June 2018, the Company notified affected employees of a workforce reduction plan, which resulted primarily from a previously announced study of structural, process and organizational changes to enhance shareholder value and continues with respect to other aspects of the Company’s business activities.  Affected employees were offered a severance package, which included a one-time cash payment depending on length of service and, if applicable, the current value of a portion of equity awards that were forfeited.  
The following table presents a summary of the restructuring charges related to workforce reduction plans included in Operating Income (Loss) for the year ended December 31, 2020, 2019 and 2018:
For the years ended December 31,
(in millions)202020192018
Severance (including payroll taxes)$16 $— $21 
Outplacement services, other— — 2 
Total reduction in workforce-related restructuring charges (1)
$16 $— $23 
(1)Total restructuring charges were $16 million for the Company's E&P segment for the year ended December 31, 2020. Total restructuring charges for the Company's E&P and Marketing segments were $21 million and $2 million, respectively, for the year ended December 31, 2018.
Fayetteville Shale Sale-Related
In December 2018, the Company closed on the sale of the equity in certain of its subsidiaries that owned and operated its Fayetteville Shale E&P and related midstream gathering assets in Arkansas.  As part of this transaction, most employees associated with those assets became employees of the buyer although the employment of some was terminated.  All affected employees were offered a severance package, which included a one-time cash payment depending on length of service and, if applicable, the current value of a portion of equity awards that were forfeited.  The Company had substantially completed the Fayetteville Shale sale-related employment terminations by December 31, 2019.
As a result of the Fayetteville Shale sale, the Company relocated certain employees and infrastructure to other locations and began the process of consolidating and reorganizing its office space. Approximately $2 million in charges related to office consolidation and reorganization were recognized as restructuring charges.
In July 2019, the Company terminated its existing lease agreement in its headquarters office building and entered into a new 10-year lease agreement for a smaller portion of the building. Approximately $3 million of the fees associated with the Company’s headquarters office consolidation and $1 million in other office consolidation expenses are reflected as restructuring charges for the year ended December 31, 2019. The Company also recognized additional severance costs in the third and fourth quarters of 2019, related to continued organizational restructuring. The following table presents a summary of the restructuring charges related to the consolidation and reorganization associated with the Fayetteville Shale sale included in Operating Income on the condensed statements of operations for the years ended December 31, 2019 and 2018:
For the years ended December 31,
(in millions)20192018
Severance (including payroll taxes)$5 $12 
Office consolidation6 4 
Total Fayetteville Shale sale-related charges (1) (2)
$11 $16 
(1)Total restructuring charges were $11 million and $16 million for the Company’s E&P segment for the years ended December 31, 2019 and 2018, respectively.
(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.
See Note 3 for a discussion of the Company’s Fayetteville Shale sale.