Segment Information Supplemental Cash Flow Information (Tables)

3 Months Ended

Mar. 31, 2019

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
	March 31,
millions	2019		2018
Income (loss) before income taxes	$	262	$	300
Interest expense	253		228
DD&A	1,081		990
Exploration expense	49		168
(Gains) losses on divestitures, net	5		24
Impairments	—		19
Total (gains) losses on derivatives, net, less net cash from settlement of commodity derivatives	316		(27		)
Reorganization-related charges	18		—
Less net income (loss) attributable to noncontrolling interests	111		53
Consolidated Adjusted EBITDAX	$	1,873	$	1,649

Schedule of Segment Reporting Information, by Segment

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

millions	Exploration & Production				WES Midstream				Other and Intersegment Eliminations				Total
Three Months Ended March 31, 2019
Sales revenues		$	2,606			$	499			$	21		$	3,126
Intersegment revenues		51				172				(223		)	—
Other		8				58				31			97
Total revenues and other (1)		2,665				729				(171		)	3,223
Operating costs and expenses(2)		992				337				(89		)	1,240
Net cash from settlement of commodity derivatives		—				—				(6		)	(6		)
Other (income) expense, net(3)		—				(36		)		38			2
Net income (loss) attributable to noncontrolling interests		—				—				111			111
Total expenses and other		992				301				54			1,347
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement		—				—				(3		)	(3		)
Adjusted EBITDAX		$	1,673			$	428			$	(228	)	$	1,873
Three Months Ended March 31, 2018
Sales revenues		$	2,656			$	355			$	15		$	3,026
Intersegment revenues		10				153				(163		)	—
Other		(9		)		37				15			43
Total revenues and other (1)		2,657				545				(133		)	3,069
Operating costs and expenses (2)		870				233				214			1,317
Net cash from settlement of commodity derivatives		—				—				68			68
Other (income) expense, net		—				—				(12		)	(12		)
Net income (loss) attributable to noncontrolling interests		—				—				53			53
Total expenses and other		870				233				323			1,426
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement		—				—				6			6
Adjusted EBITDAX		$	1,787			$	312			$	(450	)	$	1,649

⁽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, reorganization-related charges, and certain other operating expenses since these expenses are excluded from Adjusted EBITDAX.

⁽³⁾  Other (income) expense, net excludes reorganization-related charges since these expenses are excluded from Adjusted EBITDAX.

17. Segment Information (Continued)

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

millions	Exploration & Production			WES Midstream			Other and Intersegment Eliminations			Total
March 31, 2019
Net properties and equipment		$	18,342		$	8,630		$	1,964		$	28,936
Capital expenditures (1)		$	922		$	315		$	59		$	1,296
Goodwill		$	4,343		$	446		$	—		$	4,789
December 31, 2018
Net properties and equipment		$	18,267		$	8,410		$	1,938		$	28,615
Capital expenditures (1)		$	4,103		$	1,912		$	170		$	6,185
Goodwill		$	4,343		$	446		$	—		$	4,789

⁽¹⁾  WES Midstream includes $49 million at March 31, 2019, and $734 million at December 31, 2018, of capitalized costs incurred prior to the contribution and sale of midstream assets to WES.