Chapter 11 Proceedings (Tables)

12 Months Ended

Dec. 31, 2020

Reorganizations [Abstract]

Schedule of Liabilities Subject to Compromise

The following table summarizes the components of liabilities subject to compromise included on our consolidated balance sheet as of December 31, 2020:

	December 31, 2020
	($ in millions)
Debt	$	7,166
Accounts payable	15
Accrued interest	235
Provision for contract rejection damages	729
Other liabilities	498
Liabilities subject to compromise	$	8,643

Schedule of Reorganization under Chapter 11 of US Bankruptcy Code

The following table summarizes the components in reorganization items, net included in our consolidated statements of operations for the year ended December 31, 2020:

	Year Ended December 31, 2020
	($ in millions)
Provision for allowed claims	(879)
Write off of unamortized debt premiums (discounts)	518
Write off of unamortized debt issuance costs	(61)
Debt and equity financing fees	(145)
Loss on divested assets	(128)
Legal and professional fees	(113)
Gain on settlement of pre-petition accounts payable	15
Loss on settlement of pre-petition revenues payable	(3)
Reorganization items, net	$	(796)