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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues and Other        
Oil sales $ 2,265 $ 1,422 $ 4,392 $ 3,085
Natural-gas sales 203 319 450 821
Natural-gas liquids sales 318 214 610 503
Gathering, processing, and marketing sales 382 464 742 908
Gains (losses) on divestitures and other, net 123 297 142 1,166
Total 3,291 2,716 6,336 6,483
Costs and Expenses        
Oil and gas operating 275 229 551 485
Oil and gas transportation 209 229 405 478
Exploration 94 532 262 1,616
Gathering, processing, and marketing 252 355 489 705
General and administrative 288 244 566 507
Depreciation, depletion, and amortization 1,003 1,037 1,993 2,152
Production, property, and other taxes 201 135 391 290
Impairments 128 10 147 383
Other operating expense 22 12 162 34
Total 2,472 2,783 4,966 6,650
Operating Income (Loss) 819 (67) 1,370 (167)
Other (Income) Expense        
Interest expense 237 229 465 452
(Gains) losses on derivatives, net 437 32 473 (115)
Other (income) expense, net 4 44 (8) 46
Total 677 305 928 383
Income (Loss) Before Income Taxes 142 (372) 442 (550)
Income tax expense (benefit) 125 (38) 251 59
Net Income (Loss) 17 (334) 191 (609)
Net income (loss) attributable to noncontrolling interests (12) 81 41 124
Net Income (Loss) Attributable to Common Stockholders $ 29 $ (415) $ 150 $ (733)
Per Common Share        
Net income (loss) attributable to common stockholders—basic (in usd per share) $ 0.05 $ (0.76) $ 0.28 $ (1.34)
Net income (loss) attributable to common stockholders—diluted (in usd per share) $ 0.05 $ (0.76) $ 0.28 $ (1.34)
Average Number of Common Shares Outstanding—Basic 504 552 511 552
Average Number of Common Shares Outstanding—Diluted 505 552 512 552
Dividends (in usd per share) $ 0.25 $ 0.05 $ 0.5 $ 0.10
Commodity Contract and Interest Rate Swap [Member]        
Other (Income) Expense        
(Gains) losses on derivatives, net $ 436 $ 32 $ 471 $ (115)