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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues and Other    
Natural-gas sales$ 840$ 809$ 2,564$ 2,692
Oil and condensate sales1,9051,2985,9484,138
Natural-gas liquids sales3772271,080736
Gathering, processing, and marketing sales262182750643
Gains (losses) on divestitures and other, net(185)34(214)84
Total3,1992,55010,1288,293
Costs and Expenses    
Oil and gas operating262207730590
Oil and gas transportation and other217220633607
Exploration307296722649
Gathering, processing, and marketing214134590466
General and administrative293273806686
Depreciation, depletion, and amortization9329622,9022,845
Other taxes3752401,132809
Impairments18320287147
Deepwater Horizon settlement and related costs4,042[1]2[1]4,055[1]2[1]
Total6,8252,35411,8576,801
Operating Income (Loss)(3,626)196(1,729)1,492
Other (Income) Expense    
Interest expense206218642642
Other (income) expense, net40(129)(2)(106)
Total8701101,262140
Income (Loss) Before Income Taxes(4,496)86(2,991)1,352
Income Tax Expense (Benefit)(1,468)94(762)660
Net Income (Loss)(3,028)(8)(2,229)692
Net Income Attributable to Noncontrolling Interests23186242
Net Income (Loss) Attributable to Common Stockholders(3,051)(26)(2,291)650
Per Common Share:    
Net income (loss) attributable to common stockholders - basic$ (6.12)$ (0.05)$ (4.60)$ 1.30
Net income (loss) attributable to common stockholders - diluted$ (6.12)$ (0.05)$ (4.60)$ 1.30
Average Number of Common Shares Outstanding - Basic498496498495
Average Number of Common Shares Outstanding - Diluted498496498496
Dividends (per Common Share)$ 0.09$ 0.09$ 0.27$ 0.27
Commodity Contract [Member] | (Gains) Losses on Commodity Derivatives, Net [Member]
    
(Gains) losses on derivative instruments, net(230)(200)(317)(1,052)
Interest Rate Contract and Other [Member] | (Gains) Losses on Other Derivatives, Net [Member]
    
(Gains) losses on derivative instruments, net$ 854$ 221$ 939$ 656
[1]In the third quarter of 2011, the Company revised the definition of Adjusted EBITDAX to exclude the Deepwater Horizon settlement and related costs. The prior periods have been adjusted to reflect this change.