Segment Information (Tables)

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following table presents selected financial information for Chesapeake’s operating segments:

	Exploration and Production			Marketing, Gathering and Compression			Oilfield Services			Other			Intercompany Eliminations			Consolidated  Total
	($ in millions)
Three Months Ended September 30, 2013:
Revenues	$	1,586		$	5,034		$	551		$	4		$	(2,308	)	$	4,867
Intersegment revenues	—			(2,002		)	(306		)	—			2,308			—
Total revenues	$	1,586		$	3,032		$	245		$	4		$	—		$	4,867
Income (Loss) Before Income Taxes	$	430		$	128		$	(37	)	$	(48	)	$	(86	)	$	387
Three Months Ended September 30, 2012:
Revenues	$	1,437		$	2,922		$	482		$	—		$	(1,871	)	$	2,970
Intersegment revenues	—			(1,541		)	(330		)	—			1,871			—
Total revenues	$	1,437		$	1,381		$	152		$	—		$	—		$	2,970
Income (Loss) Before Income Taxes	$	(3,073	)	$	120		$	(2	)	$	(152	)	$	(124	)	$	(3,231	)
Nine Months Ended September 30, 2013:
Revenues	$	5,444		$	12,553		$	1,677		$	27		$	(6,736	)	$	12,965
Intersegment revenues	—			(5,682		)	(1,041		)	(13		)	6,736			—
Total revenues	$	5,444		$	6,871		$	636		$	14		$	—		$	12,965
Income (Loss) Before Income Taxes	$	654		$	395		$	(12	)	$	808		$	(284	)	$	1,561
Nine Months Ended September 30, 2012:
Revenues	$	4,622		$	7,587		$	1,434		$	—		$	(4,865	)	$	8,778
Intersegment revenues	—			(3,877		)	(988		)	—			4,865			—
Total revenues	$	4,622		$	3,710		$	446		$	—		$	—		$	8,778
Income (Loss) Before Income Taxes	$	(1,896	)	$	1,279		$	96		$	(654	)	$	(362	)	$	(1,537	)
As of September 30, 2013:
Total Assets	$	35,919		$	2,323		$	1,981		$	5,014		$	(2,949	)	$	42,288
As of December 31, 2012:
Total Assets	$	37,004		$	2,291		$	2,115		$	2,529		$	(2,328	)	$	41,611