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Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues and other income:    
Oil and gas $ 910 $ 729
Sales of purchased oil and gas 147 56
Interest and other 4 0
Derivative losses, net (104) (42)
Gain on disposition of assets, net 6 24
Total revenues and other income 963 767
Costs and expenses:    
Oil and gas production 165 150
Production and ad valorem taxes 57 52
Depletion, depreciation and amortization 221 212
Purchased oil and gas 143 56
Exploration and abandonments 31 18
General and administrative 81 62
Accretion of discount on asset retirement obligations 3 3
Interest 45 51
Other 15 20
Costs and Expenses 761 624
Income from continuing operations before income taxes 202 143
Income tax provision (53) (50)
Income from continuing operations 149 93
Income (loss) from discontinued operations, net of tax (26) 16
Net income 123 109
Net income attributable to noncontrolling interests 0 (8)
Net income attributable to common stockholders 123 101
Basic earnings per share:    
Income from continuing operations $ 1.03 $ 0.65
Income (loss) from discontinued operations $ (0.18) $ 0.12
Net income $ 0.85 $ 0.77
Diluted earnings per share:    
Income from continuing operations $ 1.03 $ 0.63
Income (loss) from discontinued operations $ (0.18) $ 0.12
Net income $ 0.85 $ 0.75
Weighted average shares outstanding:    
Basic 143 129
Diluted 143 [1] 133 [1]
Dividends declared per share $ 0.04 $ 0.04
Amounts attributable to common stockholders:    
Income from continuing operations 149 85
Income (loss) from discontinued operations, net of tax (26) 16
Net income $ 123 $ 101
[1] (a)Options to purchase 98,819 shares of the Company's common stock were excluded from the diluted income per share calculations for the three months ended March 31, 2013 because they would have been anti-dilutive to the calculation.