Segment Information (Tables)

12 Months Ended

Dec. 31, 2013

Reconciliation of Consolidated Adjusted EBITDAX to Income (Loss) before Income Taxes

Below is a reconciliation of consolidated Adjusted EBITDAX to income (loss) before income taxes for the years ended December 31:



millions	2013			2012			2011
Income (loss) before income taxes	$	2,106		$	3,565		$	(3,424	)
Exploration expense	1,329			1,946			1,076
DD&A	3,927			3,964			3,830
Impairments	794			389			1,774
Interest expense	686			742			839
Total (gains) losses on derivatives, net, less net cash received in settlement of commodity derivatives	(307		)	443			675
Deepwater Horizon settlement and related costs	15			18			3,930
Algeria exceptional profits tax settlement	33			(1,797		)	—
Tronox-related contingent loss	850			(250		)	250
Certain other nonoperating items	110			—			—
Less net income attributable to noncontrolling interests	140			54			81
Consolidated Adjusted EBITDAX	$	9,403		$	8,966		$	8,869

Schedule of Segment Reporting Information, by Segment

The following summarizes selected financial information for Anadarko’s reporting segments:



millions	Oil and Gas Exploration & Production			Midstream			Marketing			Other and Intersegment Eliminations			Total
2013
Sales revenues	$	7,090		$	387		$	7,390		$	—		$	14,867
Intersegment revenues	6,405			1,105			(6,859		)	(651		)	—
Gains (losses) on divestitures and other, net	(622		)	(1		)	—			337			(286		)
Total revenues and other	12,873			1,491			531			(314		)	14,581
Operating costs and expenses ⁽¹⁾	3,635			843			652			20			5,150
Net cash received in settlement of commodity derivatives	—			—			—			(95		)	(95		)
Other (income) expense, net ⁽²⁾	—			—			—			(21		)	(21		)
Net income attributable to noncontrolling interests	—			140			—			—			140
Total expenses and other	3,635			983			652			(96		)	5,174
Total (gains) losses on derivatives, net included in marketing revenue, less net cash received in settlement	—			—			(4		)	—			(4		)
Adjusted EBITDAX	$	9,238		$	508		$	(125	)	$	(218	)	$	9,403
Net properties and equipment	$	33,409		$	5,408		$	9		$	2,103		$	40,929
Capital expenditures	$	7,008		$	1,248		$	—		$	267		$	8,523
Goodwill	$	5,317		$	175		$	—		$	—		$	5,492



millions	Oil and Gas Exploration & Production			Midstream			Marketing			Other and Intersegment Eliminations			Total
2012
Sales revenues	$	6,752		$	325		$	6,230		$	—		$	13,307
Intersegment revenues	5,318			959			(5,734		)	(543		)	—
Gains (losses) on divestitures and other, net	(65		)	(8		)	—			177			104
Total revenues and other	12,005			1,276			496			(366		)	13,411
Operating costs and expenses ⁽¹⁾	3,505			748			616			295			5,164
Net cash received in settlement of commodity derivatives	—			—			—			(753		)	(753		)
Other (income) expense, net ⁽²⁾	—			—			—			(4		)	(4		)
Net income attributable to noncontrolling interests	—			54			—			—			54
Total expenses and other	3,505			802			616			(462		)	4,461
Total (gains) losses on derivatives, net included in marketing revenue, less net cash received in settlement	—			—			16			—			16
Adjusted EBITDAX	$	8,500		$	474		$	(104	)	$	96		$	8,966
Net properties and equipment	$	32,024		$	4,459		$	9		$	1,906		$	38,398
Capital expenditures	$	5,906		$	1,250		$	—		$	155		$	7,311
Goodwill	$	5,317		$	175		$	—		$	—		$	5,492
2011
Sales revenues	$	7,519		$	342		$	6,023		$	(2	)	$	13,882
Intersegment revenues	5,005			957			(5,515		)	(447		)	—
Gains (losses) on divestitures and other, net	(41		)	(13		)	—			139			85
Total revenues and other	12,483			1,286			508			(310		)	13,967
Operating costs and expenses ⁽¹⁾	3,696			786			559			186			5,227
Net cash received in settlement of commodity derivatives	—			—			—			(226		)	(226		)
Other (income) expense, net ⁽²⁾	—			—			—			4			4
Net income attributable to noncontrolling interests	—			81			—			—			81
Total expenses and other	3,696			867			559			(36		)	5,086
Total (gains) losses on derivatives, net included in marketing revenue, less net cash received in settlement	—			—			(12		)	—			(12		)
Adjusted EBITDAX	$	8,787		$	419		$	(63	)	$	(274	)	$	8,869
Net properties and equipment	$	32,235		$	3,432		$	9		$	1,825		$	37,501
Capital expenditures	$	5,026		$	1,420		$	—		$	107		$	6,553
Goodwill	$	5,475		$	166		$	—		$	—		$	5,641

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⁽¹⁾	Operating costs and expenses exclude exploration expense, DD&A, impairments, Deepwater Horizon settlement and related costs, and Algeria exceptional profits tax settlement since these expenses are excluded from Adjusted EBITDAX.


⁽²⁾	Other (income) expense, net excludes Tronox-related contingent loss since this expense is excluded from Adjusted EBITDAX.

Schedule of Sales Revenues by Geographic Areas



	Years Ended December 31,
millions	2013		2012		2011
Sales Revenues
United States	$	11,290	$	9,911	$	10,477
Algeria	2,184		2,182		2,258
Other International	1,393		1,214		1,147
Total	$	14,867	$	13,307	$	13,882

Schedule of Net Properties and Equipment by Geographic Areas



	December 31,
millions	2013		2012
Net Properties and Equipment
United States	$	35,486	$	33,337
Algeria	1,582		1,575
Other International	3,861		3,486
Total	$	40,929	$	38,398

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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