XML 36 R25.htm IDEA: XBRL DOCUMENT v3.4.0.3
Business Segment Information (Tables)
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Financial Segment Information
Financial information for each country is presented below:
 
 
 
United
States
 
Canada
 
Egypt(1)
 
North Sea
 
Other
International
 
Total(3)
 
 
(In millions)
For the Quarter Ended March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
409

 
$
83

 
$
365

 
$
203

 
$
—

 
$
1,060

Operating Income (Loss)(2)
 
$
58

 
$
(41
)
 
$
(206
)
 
$
(312
)
 
$
—

 
$
(501
)
Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
 
 
 
 
 
 
 
 
 
(8
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(93
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(15
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(90
)
Loss From Continuing Operations Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
(707
)
Total Assets
 
$
6,990

 
$
1,380

 
$
5,592

 
$
3,653

 
$
64

 
$
17,679

 
 
 
 
 
 
 
 
 
 
 
 
 
For the Quarter Ended March 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
660

 
$
133

 
$
532

 
$
313

 
$
—

 
$
1,638

Operating Income (Loss)(2)
 
$
(5,320
)
 
$
(1,430
)
 
$
102

 
$
(663
)
 
$
—

 
$
(7,311
)
Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
 
 
 
 
 
 
 
 
 
(8
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(82
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(54
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(69
)
Loss From Continuing Operations Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
(7,524
)
Total Assets
 
$
21,577

 
$
5,288

 
$
7,247

 
$
5,376

 
$
118

 
$
39,606

(1)
Includes a noncontrolling interest in Egypt.
(2)
Operating Income (Loss) consists of oil and gas production revenues less depreciation, depletion, and amortization, asset retirement obligation accretion, lease operating expenses, gathering and transportation costs, and taxes other than income. The operating income (loss) of North Sea and Egypt for the first quarter of 2016 includes non-cash write-downs of each region’s carrying value of oil and gas properties of $325 million and $163 million, respectively. The operating income (loss) of U.S., Canada, and North Sea for the first quarter of 2015 includes non-cash write-downs of each region’s carrying value of oil and gas properties of $5.2 billion, $1.4 billion, and $632 million, respectively.
(3)
Amounts for 2015 have been restated to exclude Australia discontinued operations.