Other Property and Equipment (Note)

6 Months Ended

Jun. 30, 2015

Gain (Loss) on Disposition of Property Plant Equipment [Abstract]

Other Property and Equipment

Net (Gains) Losses on Sales of Fixed Assets

A summary by asset class of (gains) or losses on sales of fixed assets for the Current Quarter, the Prior Quarter, the Current Period and the Prior Period is as follows:



	Three Months Ended June 30,					Six Months Ended June 30,
	2015		2014			2015		2014
	($ in millions)
Natural gas compressors	$	—	$	(94	)	$	—	$	(120	)
Gathering systems and treating plants	—		10			—		13
Oilfield services equipment	—		(9		)	—		(7		)
Buildings and land	—		1			1		1
Other	1		(1		)	3		(2		)
Total net (gains) losses on sales of fixed assets	$	1	$	(93	)	$	4	$	(115	)

In the Prior Quarter, we sold 337 compressors and related equipment to Exterran Partners, L.P. for approximately $362 million. We recorded a $93 million gain associated with the transaction. In the Prior Period, we sold 102 compressors and related equipment to Access Midstream Partners, L.P. (ACMP) for proceeds of approximately $159 million. We recorded a $24 million gain associated with the transaction.

Assets Held for Sale

We are continuing to pursue the sale of miscellaneous properties located primarily in Oklahoma, West Virginia and the Fort Worth, Texas area. Land and buildings are recorded within our other segment. These assets are being actively marketed, and we believe it is probable they will be sold over the next 12 months. As a result, these assets are reflected as held for sale as of June 30, 2015. Oil and natural gas properties that we intend to sell are not presented as held for sale pursuant to the rules governing full cost accounting for oil and gas properties. As of June 30, 2015 and December 31, 2014, we had $93 million of buildings and land, net of accumulated depreciation, classified as assets held for sale on our condensed consolidated balance sheets.