Other Liabilities (Tables)

3 Months Ended

Mar. 31, 2018

Other Liabilities Disclosure [Abstract]

Other current liabilities as of March 31, 2018 and December 31, 2017 are detailed below:



	March 31, 2018		December 31, 2017
	($ in millions)
Revenues and royalties due others	$	584	$	612
Accrued drilling and production costs	297		216
Joint interest prepayments received	76		74
Accrued compensation and benefits	125		214
Accrued restructuring and other termination costs	27		—
Other accrued taxes	41		43
Other	207		296
Total other current liabilities	$	1,357	$	1,455

Other long-term liabilities

Other long-term liabilities as of March 31, 2018 and December 31, 2017 are detailed below:



	March 31, 2018		December 31, 2017
	($ in millions)
CHK Utica ORRI conveyance obligation^(a)	$	153	$	156
Unrecognized tax benefits	98		101
Other	94		97
Total other long-term liabilities	$	345	$	354

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(a)

The CHK Utica, L.L.C. investors’ right to receive proportionately an overriding royalty interest (ORRI) in the first 1,500 net wells drilled on certain of our Utica Shale leasehold runs through 2023. We have the right to repurchase the ORRIs in the remaining net wells once we have drilled a minimum of 1,300 net wells. As of March 31, 2018, we had drilled 584 net wells. The obligation to deliver future ORRIs, which has been recorded as a liability, will be settled through the future conveyance of the underlying ORRIs to the investors on a net-well basis. As of March 31, 2018 and December 31, 2017, approximately $30 million of the total ORRI obligations are recorded in other current liabilities.