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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
NET LOSS $ (8,313)   $ (21)
ADJUSTMENTS TO RECONCILE NET LOSS TO CASH PROVIDED BY OPERATING ACTIVITIES:      
Depreciation, depletion and amortization 603   519
Deferred income tax benefit (10) $ 10 (314)
Derivative (gains) losses, net (907)   304
Cash receipts on derivative settlements, net 89   14
Stock-based compensation 5   6
Gains on sales of assets 0   (19)
Impairments 8,522   1
Exploration 279   18
Losses on investments 23   1
Gains on purchases or exchanges of debt (63)   0
Other 8   40
Changes in assets and liabilities 161   (93)
Net Cash Provided By Operating Activities 397   456
CASH FLOWS FROM INVESTING ACTIVITIES:      
Drilling and completion costs (501)   (515)
Business combination, net 0   (353)
Acquisitions of proved and unproved properties (6)   (6)
Proceeds from divestitures of proved and unproved properties 7   26
Additions to other property and equipment (11)   (9)
Proceeds from sales of other property and equipment 0   1
Net Cash Used In Investing Activities (511)   (856)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from revolving credit facility borrowings 2,331   3,572
Payments on revolving credit facility borrowings (2,021)   (3,136)
Cash paid to purchase debt (93)   (1)
Cash paid for preferred stock dividends (22)   (23)
Other (5)   (8)
Net Cash Provided By Financing Activities 190   404
Net increase in cash and cash equivalents 76   4
Cash and cash equivalents, beginning of period 6   4
Cash and cash equivalents, end of period 82 $ 6 8
SUPPLEMENTAL CASH FLOW INFORMATION:      
Interest paid, net of capitalized interest 113   145
Income taxes paid, net of refunds received 0   (5)
SUPPLEMENTAL DISCLOSURE OF SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Common stock issued for business combination 0   2,037
Change in accrued drilling and completion costs      
SUPPLEMENTAL DISCLOSURE OF SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Change in non-cash investing and financing activities $ (29)   $ 39