Segment Information (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

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:

	Three Months Ended   September 30,						Nine Months Ended   September 30,
millions	2016			2015			2016			2015
Income (loss) before income taxes	$	(1,007	)	$	(3,077	)	$	(3,313	)	$	(7,520	)
(Gains) losses on divestitures, net	414			578			516			1,003
Exploration expense	304			1,074			506			2,260
DD&A	1,069			1,111			3,202			3,581
Impairments	27			758			61			3,571
Interest expense	220			199			657			616
Total (gains) losses on derivatives, net, less net cash from settlement of commodity derivatives	88			360			863			374
Restructuring charges	112			—			363			—
Other operating expense	—			—			1			4
Loss on early extinguishment of debt	—			—			124			—
Tronox-related contingent loss	—			—			—			5
Certain other nonoperating items	—			—			(56		)	22
Less net income (loss) attributable to noncontrolling interests	83			75			200			154
Consolidated Adjusted EBITDAX	$	1,144		$	928		$	2,724		$	3,762

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
Three Months Ended September 30, 2016
Sales revenues	$	1,109	$	174	$	968		$	—		$	2,251
Intersegment revenues	717		370		(841		)	(246		)	—
Other	—		—		—			56			56
Total revenues and other (1)	1,826		544		127			(190		)	2,307
Operating costs and expenses (2)	807		273		173			(79		)	1,174
Net cash from settlement of commodity derivatives	—		—		—			(63		)	(63		)
Other (income) expense, net	—		—		—			(31		)	(31		)
Net income (loss) attributable to noncontrolling interests	—		83		—			—			83
Total expenses and other	807		356		173			(173		)	1,163
Adjusted EBITDAX	$	1,019	$	188	$	(46	)	$	(17	)	$	1,144
Three Months Ended September 30, 2015
Sales revenues	$	1,067	$	195	$	968		$	—		$	2,230
Intersegment revenues	750		315		(832		)	(233		)	—
Other	—		—		—			36			36
Total revenues and other (1)	1,817		510		136			(197		)	2,266
Operating costs and expenses (2)	840		287		181			(14		)	1,294
Net cash from settlement of commodity derivatives	—		—		—			(79		)	(79		)
Other (income) expense, net	—		—		—			47			47
Net income (loss) attributable to noncontrolling interests	—		75		—			—			75
Total expenses and other	840		362		181			(46		)	1,337
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—		—		(1		)	—			(1		)
Adjusted EBITDAX	$	977	$	148	$	(46	)	$	(151	)	$	928

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⁽¹⁾  Total revenues and other excludes gains (losses) on divestitures, net since these gains and losses are excluded from Adjusted EBITDAX.

⁽²⁾  Operating costs and expenses excludes exploration expense, DD&A, impairments, restructuring charges, and other operating expense since these expenses are excluded from Adjusted EBITDAX.

19. Segment Information (Continued)

millions	Oil and Gas Exploration & Production		Midstream		Marketing			Other and Intersegment Eliminations			Total
Nine Months Ended September 30, 2016
Sales revenues	$	2,853	$	440	$	2,577		$	—		$	5,870
Intersegment revenues	1,885		1,012		(2,180		)	(717		)	—
Other	—		—		—			128			128
Total revenues and other (1)	4,738		1,452		397			(589		)	5,998
Operating costs and expenses (2)	2,370		675		526			(233		)	3,338
Net cash from settlement of commodity derivatives	—		—		—			(226		)	(226		)
Other (income) expense, net (3)	—		—		—			(30		)	(30		)
Net income (loss) attributable to noncontrolling interests	—		200		—			—			200
Total expenses and other	2,370		875		526			(489		)	3,282
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—		—		8			—			8
Adjusted EBITDAX	$	2,368	$	577	$	(121	)	$	(100	)	$	2,724
Nine Months Ended September 30, 2015
Sales revenues	$	3,493	$	560	$	3,399		$	—		$	7,452
Intersegment revenues	2,752		920		(2,977		)	(695		)	—
Other	—		—		—			196			196
Total revenues and other (1)	6,245		1,480		422			(499		)	7,648
Operating costs and expenses (2)	2,674		761		571			(110		)	3,896
Net cash from settlement of commodity derivatives	—		—		—			(251		)	(251		)
Other (income) expense, net (3)	—		—		—			87			87
Net income (loss) attributable to noncontrolling interests	—		154		—			—			154
Total expenses and other	2,674		915		571			(274		)	3,886
Adjusted EBITDAX	$	3,571	$	565	$	(149	)	$	(225	)	$	3,762

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⁽¹⁾  Total revenues and other excludes gains (losses) on divestitures, net since these gains and losses are excluded from Adjusted EBITDAX.

⁽²⁾  Operating costs and expenses excludes exploration expense, DD&A, impairments, restructuring charges, and other operating expense since these expenses are excluded from Adjusted EBITDAX.

⁽³⁾  Other (income) expense, net excludes certain other nonoperating items since these items are excluded from Adjusted EBITDAX.