CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Millions, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
REVENUES:
Natural gas, oil and NGL	$ 7,052	$ 6,278	$ 6,024
Marketing, gathering and compression	9,559	5,431	5,090
Oilfield services	895	607	521
Total Revenues	17,506	12,316	11,635
OPERATING EXPENSES:
Natural gas, oil and NGL production	1,159	1,304	1,073
Production taxes	229	188	192
Marketing, gathering and compression	9,461	5,312	4,967
Oilfield services	736	465	402
General and administrative	457	535	548
Restructuring and other termination costs	248	7	0
Natural gas, oil and NGL depreciation, depletion and amortization	2,589	2,507	1,632
Depreciation and amortization of other assets	314	304	291
Impairment of natural gas and oil properties	0	3,315	0
Impairments of fixed assets and other	546	340	46
Net gains on sales of fixed assets	(302)	(267)	(437)
Total Operating Expenses	15,437	14,010	8,714
INCOME (LOSS) FROM OPERATIONS	2,069	(1,694)	2,921
OTHER INCOME (EXPENSE):
Interest expense	(227)	(77)	(44)
Earnings (losses) on investments	(226)	(103)	156
Gains (losses) on sales of investments	(7)	1,092	0
Losses on purchases of debt and extinguishment of other financing	(193)	(200)	(176)
Other income	26	8	23
Total Other Income (Expense)	(627)	720	(41)
INCOME (LOSS) BEFORE INCOME TAXES	1,442	(974)	2,880
INCOME TAX EXPENSE (BENEFIT):
Current income taxes	22	47	13
Deferred income taxes	526	(427)	1,110
Total Income Tax Expense (Benefit)	548	(380)	1,123
NET INCOME (LOSS)	894	(594)	1,757
Net income attributable to noncontrolling interests	(170)	(175)	(15)
NET INCOME (LOSS) ATTRIBUTABLE TO CHESAPEAKE	724	(769)	1,742
Preferred stock dividends	(171)	(171)	(172)
Premium on purchase of preferred shares of a subsidiary	(69)	0	0
Earnings allocated to participating securities	(10)	0	0
NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS	$ 474	$ (940)	$ 1,570
EARNINGS (LOSS) PER COMMON SHARE:
Basic	$ 0.73	$ (1.46)	$ 2.47
Diluted	$ 0.73	$ (1.46)	$ 2.32
CASH DIVIDEND DECLARED PER COMMON SHARE	$ 0.35	$ 0.35	$ 0.3375
WEIGHTED AVERAGE COMMON AND COMMON EQUIVALENT SHARES OUTSTANDING (in millions):
Basic	653	643	637
Diluted	653	643	752