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STATEMENT OF CONSOLIDATED OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES AND OTHER:      
Oil and gas production revenues $ 6,315 $ 7,348 $ 5,887
Gain on divestitures 43 23 627
Other 53 53 (91)
Revenues 6,411 7,424 6,423
OPERATING EXPENSES:      
Lease operating expenses 1,447 1,439 1,384
Gathering, processing, and transmission 306 348 195
Taxes other than income 207 215 151
Exploration 805 503 549
General and administrative 406 431 395
Transaction, reorganization, and separation 50 28 16
Depreciation, depletion, and amortization 2,680 2,405 2,280
Asset retirement obligation accretion 107 108 130
Impairments 2,949 511 8
Financing costs, net 462 478 397
Total operating expenses 9,419 6,466 5,505
NET INCOME (LOSS) BEFORE INCOME TAXES (3,008) 958 918
Current income tax provision 660 894 595
Deferred income tax provision (benefit) 14 (222) (1,180)
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTERESTS (3,682) 286 1,503
Net income attributable to noncontrolling interest   1 199
Net loss attributable to common stock $ (3,553) $ 40 $ 1,304
NET INCOME (LOSS) PER COMMON SHARE:      
Basic (in shares) $ (9.43) $ 0.11 $ 3.42
Diluted (in shares) $ (9.43) $ 0.11 $ 3.41
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:      
Basic (in shares) 377 382 381
Diluted (in shares) 377 384 383
Oil      
REVENUES AND OTHER:      
Oil and gas production revenues $ 5,230 $ 5,846 $ 4,598
Natural Gas      
REVENUES AND OTHER:      
Oil and gas production revenues 678 919 959
Natural Gas Liquids      
REVENUES AND OTHER:      
Oil and gas production revenues 407 583 330
Noncontrolling Interest, Egypt      
OPERATING EXPENSES:      
Net income attributable to noncontrolling interest 167 245 199
Noncontrolling Interest, Altus      
OPERATING EXPENSES:      
Net income attributable to noncontrolling interest (334) 1 0
Redeemable Noncontrolling Interest - Altus Preferred Unit Limited Partners      
OPERATING EXPENSES:      
Net income attributable to noncontrolling interest $ (38) $ 0 $ 0