CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
CURRENT ASSETS:
Cash and cash equivalents ($1 and $2 attributable to our VIE)	$ 4	$ 5
Accounts receivable, net	1,051	1,322
Short-term derivative assets	0	27
Other current assets	180	171
Total Current Assets	1,235	1,525
Oil and natural gas properties, at cost based on full cost accounting:
Proved oil and natural gas properties ($488 and $488 attributable to our VIE)	70,620	68,858
Unproved properties	3,198	3,484
Other property and equipment	1,812	1,986
Total Property and Equipment, at Cost	75,630	74,328
Less: accumulated depreciation, depletion and amortization (($463) and ($461) attributable to our VIE)	(64,500)	(63,664)
Property and equipment held for sale, net	47	16
Total Property and Equipment, Net	11,177	10,680
LONG-TERM ASSETS:
Other long-term assets	247	220
TOTAL ASSETS	12,659	12,425
CURRENT LIABILITIES:
Accounts payable	670	654
Current maturities of long-term debt, net	432	52
Accrued interest	126	137
Short-term derivative liabilities	310	58
Other current liabilities ($2 and $3 attributable to our VIE)	1,438	1,455
Total Current Liabilities	2,976	2,356
LONG-TERM LIABILITIES:
Long-term debt, net	9,380	9,921
Long-term derivative liabilities	28	4
Asset retirement obligations, net of current portion	154	162
Other long-term liabilities	160	354
Total Long-Term Liabilities	9,722	10,441
CONTINGENCIES AND COMMITMENTS (Note 4)
Chesapeake Stockholders’ Equity (Deficit):
Preferred stock, $0.01 par value, 20,000,000 shares authorized: 5,603,458 shares outstanding	1,671	1,671
Common stock, $0.01 par value, 2,000,000,000 shares authorized: 913,691,662 and 908,732,809 shares issued	9	9
Additional paid-in capital	14,394	14,437
Accumulated deficit	(16,173)	(16,525)
Accumulated other comprehensive loss	(32)	(57)
Less: treasury stock, at cost; 3,307,953 and 2,240,394 common shares	(31)	(31)
Total Chesapeake Stockholders’ Equity (Deficit)	(162)	(496)
Noncontrolling interests	123	124
Total Equity (Deficit)	(39)	(372)
TOTAL LIABILITIES AND EQUITY	$ 12,659	$ 12,425