Segment Information (Tables)

9 Months Ended

Sep. 30, 2014

Segment Reporting, Disclosure of Entity's Reportable Segments [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			Former Oilfield Services			Other			Intercompany Eliminations			Consolidated  Total
	($ in millions)
Three Months Ended September 30, 2014:
Revenues	$	2,341	$	5,512		$	—		$	—		$	(2,150	)	$	5,703
Intersegment revenues	—		(2,150		)	—			—			2,150			—
Total revenues	$	2,341	$	3,362		$	—		$	—		$	—		$	5,703
Income (Loss) Before Income Taxes	$	987	$	113		$	—		$	(63	)	$	92		$	1,129
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
Nine Months Ended September 30, 2014:
Revenues	$	5,812	$	16,289		$	1,060		$	30		$	(7,290	)	$	15,901
Intersegment revenues	—		(6,746		)	(544		)	—			7,290			—
Total revenues	$	5,812	$	9,543		$	516		$	30		$	—		$	15,901
Income (Loss) Before Income Taxes	$	2,089	$	325		$	(16	)	$	(24	)	$	(128	)	$	2,246
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
As of September 30, 2014:
Total Assets	$	34,876	$	2,420		$	—		$	4,357		$	(1,135	)	$	40,518
As of December 31, 2013:
Total Assets	$	35,341	$	2,430		$	2,018		$	5,750		$	(3,757	)	$	41,782