Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

The Company presents a disaggregation of E&P revenues by product in 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		Marketing		Intersegment Revenues		Total
Year ended December 31, 2020
Gas sales	$	928	$	—	$	39	$	967
Oil sales	150		—		4		154
NGL sales	265		—		—		265
Marketing	—		2,145		(1,228)		917
Other (1)	5		—		—		5
Total	$	1,348	$	2,145	$	(1,185)	$	2,308

Year ended December 31, 2019
Gas sales	$	1,207	$	—	$	34	$	1,241
Oil sales	220		—		3		223
NGL sales	274		—		—		274
Marketing	—		2,849		(1,552)		1,297
Other (1)	2		1		—		3
Total	$	1,703	$	2,850	$	(1,515)	$	3,038

Year ended December 31, 2018
Gas sales	$	1,974	$	—	$	24	$	1,998
Oil sales	193		—		3		196
NGL sales	353		—		(1)		352
Marketing	—		3,497		(2,275)		1,222
Gas gathering (2)	—		248		(159)		89
Other (1)	5		—		—		5
Total	$	2,525	$	3,745	$	(2,408)	$	3,862

(1)Other E&P revenues consists primarily of water sales to third-party operators and other marketing revenues consists primarily of sales of gas from storage.

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

Disaggregation of Revenue on Geographic Basis

Associated E&P revenues are also disaggregated for analysis on a geographic basis by the core areas in which the Company operates, which are primarily in Pennsylvania and West Virginia. In December 2018, the Company sold 100% of its Fayetteville Shale assets.


	For the years ended December 31,
(in millions)	2020		2019		2018
Northeast Appalachia	$	648	$	964	$	1,165
Southwest Appalachia	700		736		817
Fayetteville Shale	—		—		537
Other	—		3		6
Total	$	1,348	$	1,703	$	2,525

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)	December 31, 2020		December 31, 2019
Receivables from contracts with customers	$	350	$	284
Other accounts receivable	18		61
Total accounts receivable	$	368	$	345