REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue by Segment

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
Three months ended March 31, 2024
Gas sales	$	571	$	—	$	13	$	584
Oil sales	81		—		1		82
NGL sales	174		—		—		174
Marketing	—		1,377		(798)		579
Other (1)	(2)		—		—		(2)
Total	$	824	$	1,377	$	(784)	$	1,417
(in millions)
Three months ended March 31, 2023
Gas sales	$	1,136	$	—	$	9	$	1,145
Oil sales	94		—		1		95
NGL sales	201		—		—		201
Marketing	—		2,041		(1,362)		679
Other (1)	(2)		—		—		(2)
Total	$	1,429	$	2,041	$	(1,352)	$	2,118

(1)For the three months ended March 31, 2024 and the three months ended March 31, 2023, other E&P revenues consists primarily of losses on purchaser imbalances associated with natural gas and certain NGLs.

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 Appalachia and Haynesville.

	For the three months ended March 31,
(in millions)	2024		2023
Appalachia	$	554	$	923
Haynesville	270		506
Total	$	824	$	1,429

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)	March 31, 2024		December 31, 2023
Receivables from contracts with customers	$	433	$	622
Other accounts receivable	58		58
Total accounts receivable	$	491	$	680