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Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment
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, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
853

 
$
3,059

 
$

 
$

 
$
(1,019
)
 
$
2,893

Intersegment revenues
 
27

 
(1,046
)
 

 

 
1,019

 

Total revenues
 
$
880

 
$
2,013

 
$

 
$

 
$

 
$
2,893

 
 
 
 
 
 
 
 
 
 
 
 
 
Income (Loss) Before
Income Taxes
 
$
(5,625
)
 
$
70

 
$

 
$
(37
)
 
$
16

 
$
(5,576
)
 
 
 
 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended
September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
2,614

 
$
9,476

 
$

 
$

 
$
(3,404
)
 
$
8,686

Intersegment revenues
 
79

 
(3,483
)
 

 

 
3,404

 

Total revenues
 
$
2,693

 
$
5,993

 
$

 
$

 
$

 
$
8,686

 
 
 
 
 
 
 
 
 
 
 
 
 
Income (Loss) Before
Income Taxes
 
$
(16,759
)
 
$
208

 
$

 
$
(82
)
 
$
369

 
$
(16,264
)
 
 
 
 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
 
 
 
As of
September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Total Assets
 
$
15,646

 
$
1,711

 
$

 
$
4,342

 
$
(413
)
 
$
21,286

 
 
 
 
 
 
 
 
 
 
 
 
 
As of
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Total Assets
 
$
35,381

 
$
1,978

 
$

 
$
4,283

 
$
(891
)
 
$
40,751