XML 19 R7.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Class A Warrants
Class B Warrants
Class C Warrants
Preferred Stock
Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Class A Warrants
Additional Paid-in Capital
Class B Warrants
Additional Paid-in Capital
Class C Warrants
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income
Beginning balance (in shares) at Dec. 31, 2020         5,563,358 9,780,547            
Beginning balance at Dec. 31, 2020 $ (5,341)       $ 1,631 $ 0 $ 16,937       $ (23,954) $ 45
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of common stock for Marcellus Acquisition 0                      
Share-based compensation (in shares)           67            
Share-based compensation 3           3          
Issuance of common stock for warrant exercise   $ 93 $ 94 $ 68       $ 93 $ 94 $ 68    
Hedging activity 3                     3
Net income (loss) attributable to Chesapeake 5,383                   5,383  
Cancellation of Predecessor Equity (in shares)         (5,563,358) (9,780,614)            
Cancellation of Predecessor equity (48)       $ (1,631)   (16,940)       18,571 (48)
Issuance of Successor common stock (in shares)           97,907,081            
Issuance of Successor common stock 3,331         $ 1 3,330          
Ending balance (in shares) at Feb. 09, 2021         0 97,907,081            
Ending balance at Feb. 09, 2021 3,586       $ 0 $ 1 3,585       0 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of common stock for Marcellus Acquisition 0                      
Hedging activity 0                      
Net income (loss) attributable to Chesapeake 295                      
Ending balance (in shares) at Mar. 31, 2021         0 97,907,081            
Ending balance at Mar. 31, 2021 3,881       $ 0 $ 1 3,585       295 0
Beginning balance (in shares) at Feb. 09, 2021         0 97,907,081            
Beginning balance at Feb. 09, 2021 3,586       $ 0 $ 1 3,585       0 0
Ending balance (in shares) at Mar. 31, 2022         0 127,052,372            
Ending balance at Mar. 31, 2022 5,383       $ 0 $ 1 5,615       (233) 0
Beginning balance (in shares) at Dec. 31, 2021         0 117,917,349            
Beginning balance at Dec. 31, 2021 5,671       $ 0 $ 1 4,845       825 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of common stock for Marcellus Acquisition (in shares)           9,442,185            
Issuance of common stock for Marcellus Acquisition 764           764          
Share-based compensation (in shares)           23,169            
Share-based compensation 5           5          
Issuance of common stock for warrant exercise (in shares)           669,669            
Issuance of common stock for warrant exercise 1           1          
Repurchase and retirement of common stock (in shares)           (1,000,000)            
Repurchase and retirement of common stock (83)                   (83)  
Hedging activity 0                      
Net income (loss) attributable to Chesapeake (764)                     0
Dividends on common stock (211)                   (211)  
Ending balance (in shares) at Mar. 31, 2022         0 127,052,372            
Ending balance at Mar. 31, 2022 $ 5,383       $ 0 $ 1 $ 5,615       $ (233) $ 0