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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME (LOSS) $ 363 $ 619
ADJUSTMENTS TO RECONCILE NET INCOME TO CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:    
Depreciation, depletion and amortization 867 689
Derivative (gains) losses, net 500 (452)
Cash payments on derivative settlements, net (162) (46)
Stock-based compensation 25 38
Net (gains) losses on sales of fixed assets 7 0
Impairments 51 3
Gains on investments (139) 0
(Gains) losses on purchases or exchanges of debt 68 (185)
Other (101) (27)
Changes in assets and liabilities 116 (366)
Net Cash Provided By Operating Activities 1,595 273
CASH FLOWS FROM INVESTING ACTIVITIES:    
Drilling and completion costs (1,481) (1,597)
Acquisitions of proved and unproved properties (244) (226)
Proceeds from divestitures of proved and unproved properties 395 1,193
Additions to other property and equipment (11) (12)
Proceeds from sales of other property and equipment 75 40
Proceeds from sales of investments 74 0
Net Cash Used In Investing Activities (1,192) (602)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facility borrowings 9,095 4,775
Payments on revolving credit facility borrowings (9,231) (4,130)
Proceeds from issuance of senior notes, net 1,237 742
Payment for Debt Extinguishment or Debt Prepayment Cost (122) 0
Cash paid to purchase debt (1,285) (1,751)
Cash paid for preferred stock dividends (69) (160)
Distributions to noncontrolling interest owners (4) (7)
Other (25) (17)
Net Cash Used In Financing Activities (404) (548)
Net decrease in cash and cash equivalents (1) (877)
Cash and cash equivalents, beginning of period 5 882
Cash and cash equivalents, end of period 4 5
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of capitalized interest 412 342
Income taxes paid, net of refunds received (3) (15)
Change in accrued drilling and completion costs [Member]    
SUPPLEMENTAL DISCLOSURE OF SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Change in non-cash investing and financing activities 165 134
Change in accrued acquisitions of proved and unproved properties [Member]    
SUPPLEMENTAL DISCLOSURE OF SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Change in non-cash investing and financing activities 1 (1)
Change in divested proved and unproved properties [Member]    
SUPPLEMENTAL DISCLOSURE OF SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Change in non-cash investing and financing activities $ (5) $ (23)