Other Liabilities

6 Months Ended

Jun. 30, 2019

Other Liabilities Disclosure [Abstract]

Other current liabilities as of June 30, 2019 and December 31, 2018 are detailed below:



	June 30, 2019		December 31, 2018
	($ in millions)
Revenues and royalties due others	$	434	$	687
Accrued drilling and production costs	441		258
Joint interest prepayments received	60		73
VPP deferred revenue^(a)	57		59
Accrued compensation and benefits	133		202
Other accrued taxes	126		108
Other	179		212
Total other current liabilities	$	1,430	$	1,599

Other long-term liabilities as of June 30, 2019 and December 31, 2018 are detailed below:



	June 30, 2019		December 31, 2018
	($ in millions)
VPP deferred revenue^(a)	$	36	$	63
Unrecognized tax benefits	54		53
Other	115		103
Total other long-term liabilities	$	205	$	219

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(a)

At the inception of our volumetric production payment (VPP) agreements, we (i) removed the proved reserves associated with the VPP, (ii) recognized VPP proceeds as deferred revenue which are being amortized on a unit-of-production basis to other revenue over the term of the VPP, (iii) retained responsibility for the production costs and capital costs related to VPP interests and (iv) ceased recognizing production associated with the VPP volumes. The remaining deferred revenue balance will be recognized in other revenues in the consolidated statement of operations through 2021, assuming the related VPP production volumes are delivered as scheduled.