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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of Adoption of ASC 606
The adoption of ASC 606 as of January 1, 2018 had the following impact on the Company's results of operations for the three months ended March 31, 2018:
 
Three Months Ended March 31, 2018
 
As Reported
 
ASC 605
(Without Adoption of ASC 606)
 
Effect of Change
Higher (Lower)
 
(in millions)
Revenues and other income:
 
 
 
 
 
Oil and gas
$
1,266

 
$
1,223

 
$
43

Costs and expenses:
 
 
 
 
 
Oil and gas production
$
213

 
$
170

 
$
43

Disaggregation of Revenue
The following table provides information about disaggregated revenue from contracts with purchasers by product type:
 
Three Months Ended March 31, 2018
 
(in millions)
Oil sales
$
1,013

NGL sales
165

Gas sales
88

Total oil and gas sales
1,266

Sales of purchased oil and gas
1,070

Total revenue derived from contracts with purchasers
$
2,336