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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Statement of Comprehensive Income [Abstract]        
NET INCOME (LOSS) $ 98 $ (249) [1] $ 77 [1],[2] $ (231) [1],[2]
OTHER COMPREHENSIVE INCOME, NET OF INCOME TAX:        
Unrealized gains on derivative instruments [3] 0   0  
Unrealized gains on derivative instruments [1],[3]   0   0
Reclassification of losses on settled derivative instruments [3] 8   18  
Reclassification of losses on settled derivative instruments [1],[3]   7   17
Other Comprehensive Income 8 7 [1] 18 17 [1]
COMPREHENSIVE INCOME (LOSS) 106 (242) [1] 95 (214) [1]
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 0 0 [1] 0 (1)
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 [1] 0 [1] 1 [1]
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CHESAPEAKE $ 106 $ (242) [1] $ 95 $ (215) [1]
[1] Financial information for 2018 has been recast to reflect the retrospective application of the successful efforts method of accounting. See Note 1.
[2] Financial information for 2018 has been recast to reflect the retrospective application of the successful efforts method of accounting. See Note 1.
[3]
Deferred tax activity incurred in other comprehensive income was offset by a valuation allowance.