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Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2013
Accounting Policies [Abstract]  
Schedule Of Assets-held-for Sale [Table Text Block]
A summary of the assets and liabilities held for sale on our condensed consolidated balance sheets as of June 30, 2013 and December 31, 2012 is detailed below.
 
 
June 30,
2013
 
December 31,
2012
 
 
($ in millions)
Accounts receivable
 
$
2

 
$
4

Current assets held for sale
 
$
2

 
$
4

 
 
 
 
 
Natural gas gathering systems and treating plants, net of accumulated depreciation(a)
 
$
205

 
$
352

Oilfield services equipment, net of accumulated depreciation(b)
 
1

 
27

Other property and equipment, net of accumulated depreciation
 
305

 
255

Property and equipment held for sale, net
 
$
511

 
$
634

 
 
 
 
 
Accounts payable
 
$
1

 
$
4

Accrued liabilities
 
17

 
17

Current liabilities held for sale
 
$
18

 
$
21

___________________________________________
(a)
In the Current Quarter, we sold gas gathering systems classified as held for sale as of December 31, 2012 for proceeds of approximately $245 million and recorded a $106 million gain. See Note 11 for further discussion of this transaction.
(b)
In the Current Period, we sold eight rigs classified as assets held for sale as of December 31, 2012 for proceeds of approximately $27 million.
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Accumulated Other Comprehensive Income (Loss)
For the Current Period, changes in accumulated other comprehensive income (loss) by component, net of tax, are detailed below.
 
 
Net Gains
(Losses) on
Cash Flow
Hedges
 
Net Gains
(Losses)
on
Investments
 
Total
 
 
($ in millions)
Balance, December 31, 2012
 
$
(189
)
 
$
7

 
$
(182
)
Other comprehensive income before reclassifications
 

 
(5
)
 
(5
)
Amounts reclassified from accumulated other comprehensive income
 
11

 
6

 
17

Net current period other comprehensive income
 
11

 
1

 
12

Balance, June 30, 2013
 
$
(178
)
 
$
8

 
$
(170
)
A reconciliation of the changes of accumulated other comprehensive income (loss) in the condensed consolidated statements of stockholders’ equity related to our cash flow hedges is presented below. 
 
 
Three Months Ended
June 30,
 
 
2013
 
2012
 
 
Before 
Tax  
 
After 
Tax  
 
Before 
Tax  
 
After 
Tax  
 
 
($ in millions)
Balance, beginning of period
 
$
(287
)
 
$
(178
)
 
$
(284
)
 
$
(176
)
Net change in fair value
 
2

 
1

 
(5
)
 
(3
)
(Gains) losses reclassified to income
 
(1
)
 
(1
)
 
(17
)
 
(11
)
Balance, end of period
 
$
(286
)
 
$
(178
)
 
$
(306
)
 
$
(190
)
 
 
Six Months Ended
June 30,
 
 
2013
 
2012
 
 
Before 
Tax  
 
After 
Tax  
 
Before 
Tax  
 
After 
Tax  
 
 
($ in millions)
Balance, beginning of period
 
$
(304
)
 
$
(189
)
 
$
(287
)
 
$
(178
)
Net change in fair value
 

 

 

 

(Gains) losses reclassified to income
 
18

 
11

 
(19
)
 
(12
)
Balance, end of period
 
$
(286
)
 
$
(178
)
 
$
(306
)
 
$
(190
)
Schedule Of Derivative Instruments, Gain (Loss) In Statement Of Financial Performance
For the Current Quarter and the Current Period, amounts reclassified from accumulated other comprehensive income (loss), net of tax, into the condensed consolidated statement of operations are detailed below.
Details About Accumulated
Other Comprehensive
Income Components
 
Affected Line Item
in the Statement
Where Net Income is Presented
 
Three Months Ended
June 30, 2013
 
Six Months Ended
June 30, 2013
 
 
 
 
($ in millions)
Net losses on cash flow hedges:
 
 
 
 
 
 
Commodity contracts
 
Natural gas, oil and NGL revenues
 
$
(1
)
 
$
11

Investments:
 
 
 
 
 
 
Impairment of investment
 
Impairment of investment
 

 
6

Total reclassifications
for the period, net of tax
 
$
(1
)
 
$
17

The following table presents the gain (loss) recognized in the condensed consolidated statements of operations for terminated instruments that were designated as fair value derivatives: 
 
 
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
Fair Value Derivatives 
 
Location of Gain (Loss)
 
2013
 
2012
 
2013
 
2012
 
 
 
 
($ in millions)
Interest rate contracts
 
Interest expense
 
$
1

 
$
2

 
$
3

 
$
4