XML 59 R50.htm IDEA: XBRL DOCUMENT v3.19.1
Impairments (Tables)
12 Months Ended
Dec. 31, 2018
Asset Impairment Charges [Abstract]  
Summary of impairments
A summary of our impairments of fixed assets by asset class and other charges for the years ended December 31, 2018, 2017 and 2016 is as follows:
 
 
Years Ended December 31,
 
 
2018
 
2017
 
2016
 
 
($ in millions)
Natural gas compressors
 
$
45

 
$

 
$
21

Barnett Shale exit costs
 

 

 
284

Devonian Shale exit costs
 

 

 
142

Gathering systems
 

 

 
3

Buildings and land
 
4

 
5

 
11

Other
 
4

 

 

Total impairments of fixed assets and other
 
$
53

 
$
5

 
$
461

A summary of our impairments of oil and natural gas properties for the years ended December 31, 2018, 2017 and 2016 is as follows:
 
 
Years Ended December 31,
 
 
2018
 
2017
 
2016
 
 
($ in millions)
Impairments due to lower forecasted commodity prices
 
$
23

 
$
27

 
$
73

Impairments due to reduction in future development(a)
 

 
560

 

Impairments due to anticipated sale
 
55

 
222

 
29

Total impairments of oil and natural gas properties
 
$
78

 
$
809

 
$
102

(a) The impairment was the result of an updated development plan in 2017, which included a removal of PUDs from properties in the process of being divested in the Mid-Continent operating area.