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Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues and other income:        
Oil and gas $ 967 $ 820 $ 2,795 $ 2,296
Sales of purchased oil and gas 202 82 554 194
Interest and other 2 8 9 3
Derivative gains (losses), net 341 (102) 19 0
Gain (loss) on disposition of assets, net 1 (1) 11 206
Total revenues and other income 1,513 807 3,388 2,699
Costs and expenses:        
Oil and gas production 168 150 493 440
Production and ad valorem taxes 58 49 169 147
Depletion, depreciation and amortization 274 222 734 650
Purchased oil and gas 194 85 535 196
Exploration and abandonments 22 30 80 65
General and administrative 81 72 244 200
Accretion of discount on asset retirement obligations 3 3 9 9
Interest 46 45 138 139
Other 20 24 55 65
Costs and Expenses 866 680 2,457 1,911
Income from continuing operations before income taxes 647 127 931 788
Income tax provision (236) (48) (319) (281)
Income from continuing operations 411 79 612 507
Income (loss) from discontinued operations, net of tax (37) 19 (113) 52
Net income 374 98 499 559
Net income attributable to noncontrolling interests 0 (7) 0 (30)
Net income attributable to common stockholders 374 91 499 529
Basic earnings per share:        
Income from continuing operations $ 2.84 $ 0.51 $ 4.24 $ 3.49
Income (loss) from discontinued operations $ (0.26) $ 0.14 $ (0.79) $ 0.38
Net income $ 2.58 $ 0.65 $ 3.45 $ 3.87
Diluted earnings per share:        
Income from continuing operations $ 2.84 $ 0.51 $ 4.23 $ 3.44
Income (loss) from discontinued operations $ (0.26) $ 0.14 $ (0.79) $ 0.38
Net income $ 2.58 $ 0.65 $ 3.44 $ 3.82
Weighted average shares outstanding:        
Basic 143 139 143 135
Diluted 143 [1] 139 143 [1] 137 [1]
Dividends declared per share $ 0.04 $ 0.04 $ 0.08 $ 0.08
Amounts attributable to common stockholders:        
Income from continuing operations 411 72 612 477
Income (loss) from discontinued operations, net of tax (37) 19 (113) 52
Net income attributable to common stockholders $ 374 $ 91 $ 499 $ 529
[1] (a)The Company excluded 33,591 shares and 11,197 shares attributable to unvested performance units from the diluted income per share calculations for the three and nine months ended September 30, 2014, respectively, because they would have been anti-dilutive to the calculation. Options to purchase 34,842 shares of the Company's common stock were excluded from the diluted income per share calculations for the nine months ended September 30, 2013 because they would have been anti-dilutive to the calculation.