Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Below is a reconciliation of consolidated Adjusted EBITDAX to income (loss) before income taxes:



	Three Months Ended March 31,
millions	2017			2016
Income (loss) before income taxes	$	(178	)	$	(1,381	)
Interest expense	223			220
DD&A	1,115			1,149
Exploration expense	1,085			126
(Gains) losses on divestitures, net	(804		)	(2		)
Impairments	373			16
Total (gains) losses on derivatives, net, less net cash from settlement of commodity derivatives	(155		)	404
Restructuring charges	(1		)	203
Other operating expense	—			1
Less net income (loss) attributable to noncontrolling interests	43			36
Consolidated Adjusted EBITDAX	$	1,615		$	700

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 March 31, 2017
Sales revenues	$	1,524		$	225	$	1,149		$	—		$	2,898
Intersegment revenues	871			361		(1,024		)	(208		)	—
Other ⁽¹⁾	2			33		6			24			65
Total revenues and other ⁽²⁾	2,397			619		131			(184		)	2,963
Operating costs and expenses ⁽³⁾	866			317		165			(43		)	1,305
Net cash from settlement of commodity derivatives	—			—		—			6			6
Other (income) expense, net	—			—		—			(8		)	(8		)
Net income (loss) attributable to noncontrolling interests ⁽¹⁾	—			—		—			43			43
Total expenses and other	866			317		165			(2		)	1,346
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—			—		(2		)	—			(2		)
Adjusted EBITDAX	$	1,531		$	302	$	(36	)	$	(182	)	$	1,615

Three Months Ended March 31, 2016
Sales revenues	$	711		$	125	$	798		$	—		$	1,634
Intersegment revenues	601			302		(663		)	(240		)	—
Other ⁽¹⁾	(1		)	13		1			25			38
Total revenues and other ⁽²⁾	1,311			440		136			(215		)	1,672
Operating costs and expenses ⁽³⁾	773			183		176			(89		)	1,043
Net cash from settlement of commodity derivatives	—			—		—			(103		)	(103		)
Net income (loss) attributable to noncontrolling interests	—			—		—			36			36
Total expenses and other	773			183		176			(156		)	976
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—			—		4			—			4
Adjusted EBITDAX	$	538		$	257	$	(36	)	$	(59	)	$	700

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⁽¹⁾	Presentation has been adjusted to align with the current analysis of segment performance. Net income (loss) attributable to noncontrolling interests, previously reported within the Midstream segment, is now presented within Other and Intersegment Eliminations. Other revenues, previously reported within Other and Intersegment Eliminations, is now presented within the applicable segments.


⁽²⁾	Total revenues and other excludes gains (losses) on divestitures, net since these gains and losses are excluded from Adjusted EBITDAX.


⁽³⁾	Operating costs and expenses excludes exploration expense, DD&A, impairments, restructuring charges, and certain other operating expenses since these expenses are excluded from Adjusted EBITDAX.