Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2018

Revenue from Contract with Customer [Abstract]

In accordance with the new revenue standard requirements, the disclosure of the impact of adoption on our condensed consolidated balance sheet and condensed consolidated statement of operations was as follows:



	Before adoption of ASC 606			Adjustments			As Reported
				($ in millions)
Balance Sheet as of June 30, 2018
Other current liabilities	$	1,275		$	2		$	1,277
Other long-term liabilities	$	172		$	5		$	177
Accumulated deficit	$	(16,249	)	$	(8	)	$	(16,257	)

Statement of Operations for the Three Months Ended June 30, 2018
Marketing revenues	$	1,449		$	(176	)	$	1,273
Marketing operating expenses	$	1,469		$	(177	)	$	1,292

Statement of Operations for the Six Months Ended June 30, 2018
Marketing revenues	$	2,810		$	(291	)	$	2,519
Marketing operating expenses	$	2,852		$	(292	)	$	2,560

Disaggregation of revenue

The following table shows revenue disaggregated by operating area and product type, for the Current Quarter and the Current Period:



	Three Months Ended June 30, 2018
	Oil			Natural Gas			NGL			Total
	($ in millions)
Marcellus	$	—		$	169		$	—		$	169
Haynesville	1			199			—			200
Eagle Ford	389			42			46			477
Utica	62			103			61			226
Mid-Continent	62			15			12			89
Powder River Basin	52			11			9			72
Revenue from contracts with customers	566			539			128			1,233
Losses on oil, natural gas and NGL derivatives	(202		)	(35		)	(14		)	(251		)
Oil, natural gas and NGL revenue	$	364		$	504		$	114		$	982

Marketing revenue from contracts with customers	$	732		$	235		$	102		$	1,069
Other marketing revenue	145			59			—			204
Marketing revenue	$	877		$	294		$	102		$	1,273

	Six Months Ended June 30, 2018
	Oil			Natural Gas			NGL			Total
	($ in millions)
Marcellus	$	—		$	463		$	—		$	463
Haynesville	2			409			—			411
Eagle Ford	749			84			85			918
Utica	119			219			113			451
Mid-Continent	138			47			30			215
Powder River Basin	95			23			17			135
Revenue from contracts with customers	1,103			1,245			245			2,593
Losses on oil, natural gas and NGL derivatives	(288		)	(67		)	(13		)	(368		)
Oil, natural gas and NGL revenue	$	815		$	1,178		$	232		$	2,225

Marketing revenue from contracts with customers	$	1,418		$	528		$	212		$	2,158
Other marketing revenue	262			99			—			361
Marketing revenue	$	1,680		$	627		$	212		$	2,519

Accounts receivable

Accounts receivable as of June 30, 2018 and December 31, 2017 are detailed below:



	June 30, 2018			December 31, 2017
	($ in millions)
Oil, natural gas and NGL sales	$	801		$	959
Joint interest	206			209
Other	68			184
Allowance for doubtful accounts	(15		)	(30		)
Total accounts receivable, net	$	1,060		$	1,322