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Other Liabilities (Notes)
6 Months Ended
Jun. 30, 2017
Other Liabilities Disclosure [Abstract]  
Other Liabilities Disclosure
Other Liabilities
Other current liabilities as of June 30, 2017 and December 31, 2016 are detailed below.
 
 
June 30,
2017
 
December 31,
2016
 
 
($ in millions)
Revenues and royalties due others
 
$
481

 
$
543

Accrued drilling and production costs
 
259

 
169

Joint interest prepayments received
 
72

 
71

Accrued compensation and benefits
 
158

 
239

Other accrued taxes
 
58

 
32

Bank of New York Mellon legal accrual(a)
 

 
440

Other
 
269

 
304

Total other current liabilities
 
$
1,297

 
$
1,798


____________________________________________
(a)
In the Current Quarter, we received notice from the U.S. Supreme Court that it would not review our appeal of the decision by the U.S. District Court for the Southern District of New York regarding the redemption at par value of our 6.775% Senior Notes due 2019. As a result of the decision, we paid $441 million with cash on hand and borrowings under the credit facility, and the related supersedeas bond was released.
Other long-term liabilities as of June 30, 2017 and December 31, 2016 are detailed below.
 
 
June 30,
2017
 
December 31,
2016
 
 
($ in millions)
CHK Utica ORRI conveyance obligation(a)
 
$
164

 
$
160

Unrecognized tax benefits
 
98

 
97

Other
 
112

 
126

Total other long-term liabilities
 
$
374

 
$
383

____________________________________________
(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. As of June 30, 2017, and December 31, 2016, approximately $30 million and $43 million of the total ORRI obligations are recorded in other current liabilities.