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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME (LOSS) $ (12,450) $ 1,387
ADJUSTMENTS TO RECONCILE NET INCOME (LOSS) TO CASH PROVIDED BY OPERATING ACTIVITIES:    
Depreciation, depletion and amortization 1,873 2,171
Deferred income tax expense (benefit) (3,808) 849
Derivative gains, net (642) (20)
Cash receipts (payments) on derivative settlements, net 850 (341)
Stock-based compensation 61 59
Impairment of oil and natural gas properties 15,407 0
Net (gains) losses on sales of fixed assets 3 (201)
Impairments of fixed assets and other 159 44
Losses on investments 57 72
Net gains on sales of investments 0 (67)
Losses on purchases of debt 0 61
Restructuring and other termination costs 39 (18)
Provision for legal contingencies 359 100
Other 24 57
Changes in assets and liabilities (877) (348)
Net Cash Provided By Operating Activities 1,055 3,805
CASH FLOWS FROM INVESTING ACTIVITIES:    
Drilling and completion costs (2,696) (3,185)
Acquisitions of proved and unproved properties (407) (1,023)
Proceeds from divestitures of proved and unproved properties 188 723
Additions to other property and equipment (114) (675)
Proceeds from sales of other property and equipment 80 964
Additions to investments (8) (14)
Proceeds from sales of investments 0 239
Decrease in restricted cash 52 37
Other 0 (4)
Net Cash Used In Investing Activities (2,905) (2,938)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from credit facilities borrowings 0 3,573
Payments on credit facilities borrowings 0 (3,896)
Proceeds from issuance of senior notes, net of discount and offering costs   3,460
Proceeds from issuance of oilfield services term loan, net of issuance costs 0 394
Proceeds from issuance of oilfield services term loan, net of issuance costs 0 (3,362)
Cash paid for common stock dividends (118) (175)
Cash paid for preferred stock dividends (128) (128)
Cash paid on financing derivatives 0 (50)
Cash held at deconsolidation (143)  
Cash paid to repurchase preferred shares of CHK Utica 0 (1,254)
Distributions to noncontrolling interest owners (78) (143)
Other (32) (25)
Net Cash Used In Financing Activities (499) (1,614)
Net decrease in cash and cash equivalents (2,349) (747)
Cash and cash equivalents, beginning of period 4,108 837
Cash and cash equivalents, end of period 1,759 90
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of capitalized interest 134 88
Income taxes paid, net of refunds received 50 17
SUPPLEMENTAL DISCLOSURE OF SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Repurchase of noncontrolling interest, Non-Cash Investing and Financing Activities (872) 0
Change in Divested Proved and Unproved properties, Non-Cash Investing and Financing Activities 1,046 23
Change in accrued drilling and completion costs (124) (64)
Change in accrued acquisitions of proved and unproved properties 61 (100)
Chesapeake Energy [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of senior notes, net of discount and offering costs 0 2,966
Chesapeake Oilfield Operating [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of senior notes, net of discount and offering costs 0 494
Cash held at deconsolidation $ 0 (8)
Utica [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash held at deconsolidation   $ 0