Segment Information (Tables)

9 Months Ended

Sep. 30, 2017

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			Other			Intercompany Eliminations			Consolidated  Total
	($ in millions)
Three Months Ended September 30, 2017
Revenues	$	979		$	1,994		$	—		$	(1,030	)	$	1,943
Intersegment revenues	—			(1,030		)	—			1,030			—
Total Revenues	$	979		$	964		$	—		$	—		$	1,943
Income (Loss) Before Income Taxes	$	(14	)	$	7		$	(10	)	$	—		$	(17	)
Three Months Ended September 30, 2016
Revenues	$	1,177		$	2,124		$	—		$	(1,025	)	$	2,276
Intersegment revenues	—			(1,025		)	—			1,025			—
Total Revenues	$	1,177		$	1,099		$	—		$	—		$	2,276
Income (Loss) Before Income Taxes (as previously reported)	$	(710	)	$	(211	)	$	(231	)	$	(2	)	$	(1,154	)
Income (Loss) Before Income Taxes (as revised)(a)	$	(642	)	$	(339	)	$	(231	)	$	(2	)	$	(1,214	)
Nine Months Ended September 30, 2017
Revenues	$	3,727		$	6,450		$	—		$	(3,200	)	$	6,977
Intersegment revenues	—			(3,200		)	—			3,200			—
Total Revenues	$	3,727		$	3,250		$	—		$	—		$	6,977
Income (Loss) Before Income Taxes	$	1,094		$	(440	)	$	(32	)	$	(1	)	$	621

	Exploration and Production			Marketing, Gathering and Compression			Other			Intercompany Eliminations			Consolidated  Total
	($ in millions)
Nine Months Ended September 30, 2016
Revenues	$	2,610		$	5,897		$	—		$	(2,656	)	$	5,851
Intersegment revenues	—			(2,656		)	—			2,656			—
Total Revenues	$	2,610		$	3,241		$	—		$	—		$	5,851
Income (Loss) Before Income Taxes (as previously reported)	$	(3,360	)	$	(215	)	$	(248	)	$	(2	)	$	(3,825	)
Income (Loss) Before Income Taxes (as revised)(a)	$	(3,465	)	$	(343	)	$	(248	)	$	(2	)	$	(4,058	)
As of September 30, 2017
Total Assets	$	10,451		$	923		$	994		$	(387	)	$	11,981
As of December 31, 2016
Total Assets	$	11,249		$	1,118		$	1,059		$	(398	)	$	13,028

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(a) We have revised the amounts presented in the Prior Quarter and the Prior Period. The impact of the errors was not material to any previously issued financial statements.