Other Liabilities (Tables)

3 Months Ended

Mar. 31, 2016

Other Liabilities Disclosure [Abstract]

Other current liabilities as of March 31, 2016 and December 31, 2015 are detailed below.



	March 31, 2016		December 31, 2015
	($ in millions)
Revenues and royalties due others	$	378	$	500
Accrued drilling and production costs	216		212
Joint interest prepayments received	103		169
Accrued compensation and benefits	151		264
Other accrued taxes	57		37
Bank of New York Mellon legal accrual	439		439
Minimum gathering volume commitment	4		201
Other	196		397
Total other current liabilities	$	1,544	$	2,219

Other Long-Term Liabilities

Other long-term liabilities as of March 31, 2016 and December 31, 2015 are detailed below.



	March 31, 2016		December 31, 2015
	($ in millions)
CHK Utica ORRI conveyance obligation^(a)	$	183	$	190
Financing obligations	29		29
Unrecognized tax benefits	68		64
Other	146		126
Total other long-term liabilities	$	426	$	409

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(a)

The CHK Utica, L.L.C. investors’ right to receive, proportionately, a 3% overriding royalty interest (ORRI) in the first 1,500 net wells drilled on our Utica Shale leasehold is subject to an increase to 4% on net wells earned in any year following a year in which we do not meet our net well commitment under the ORRI obligation, which runs through 2023. The liability represents the obligation to deliver future ORRIs. Approximately $25 million and $21 million of the total $208 million and $211 million obligations are recorded in other current liabilities as of March 31, 2016 and December 31, 2015, respectively.