Other Expense (Tables)

9 Months Ended

Sep. 30, 2021

Other Income and Expenses [Abstract]

Schedule of components of other expense

The components of other expense are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
	(in millions)
Parsley Acquisition transaction costs (a)	$	3	$	—	$	209	$	—
Winter Storm Uri gas commitments (b)	—		—		80		—
DoublePoint Acquisition transaction costs (c)	5		—		32		—
Unoccupied facility expense (d)	10		—		26		(1)
Transportation commitment charges (e)	5		4		15		12
Termination and idle drilling and frac equipment charges (f)	—		16		5		69
Loss on early extinguishment of debt (Note 7)	—		—		2		27
Restructuring charges (Note 3)	—		74		1		75
South Texas deficiency fee obligation (Note 4)	—		—		—		69
Vertical integration services loss (income), net (g)	2		(2)		(4)		(1)
Other	9		6		18		23
	$	34	$	98	$	384	$	273

____________________

(a)Represents costs associated with the Parsley Acquisition, which includes $90 million of employee-related costs and $119 million of transaction-related fees during the nine months ended September 30, 2021 and $3 million of transaction-related fees during the three months ended September 30, 2021. See Note 3 and Note 8 for additional information.

(b)Represents costs related to the Company's fulfillment of certain firm gas commitments during Winter Storm Uri in February 2021.

(c)Represents transaction-related fees associated with the DoublePoint Acquisition. See Note 3 for additional information.

(d)Primarily facilities expense associated with certain acquired Parsley offices that are no longer occupied.

(e)Primarily represents firm transportation payments on excess pipeline capacity commitments.

(f)Includes idle frac fleet fees, stacked drilling rig charges and drilling rig early termination charges.

(g)Primarily represents net margins (attributable to third party working interest owners) that result from Company-provided vertically integrated services, which are ancillary to and supportive of the Company's oil and gas joint operating activities, and do not represent intercompany transactions. The components of the vertical integration services net margins are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
	(in millions)
Gross revenues	$	9	$	11	$	32	$	36
Gross costs and expenses	$	11	$	9	$	28	$	35