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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Oil, NGL and Gas Sales $ 907 $ 882 $ 2,918 $ 2,411
Income from Equity Method Investees and Other 53 28 137 70
Total 960 910 3,055 2,481
Costs and Expenses        
Production Expense 280 282 866 839
Exploration Expense 64 125 136 376
Depreciation, Depletion and Amortization 523 621 1,554 1,859
Loss on Marcellus Shale Upstream Divestiture 4 0 2,326 0
General and Administrative 102 95 304 293
Other Operating (Income) Expense, Net (15) 37 132 127
Total 958 1,160 5,318 3,494
Operating Income (Loss) 2 (250) (2,263) (1,013)
Other Expense        
Loss (Gain) on Commodity Derivative Instruments 22 (55) (145) 53
Loss (Gain) on Extinguishment of Debt 98 0 98 (80)
Interest, Net of Amount Capitalized 88 86 271 242
Other Non-Operating Expense (Income), Net 2 (1) (4) 3
Total 210 30 220 218
Loss Before Income Taxes (208) (280) (2,483) (1,231)
Income Tax Benefit (93) (137) (917) (486)
Net Loss and Comprehensive Loss Including Noncontrolling Interests (115) (143) (1,566) (745)
Less: Net Income and Comprehensive Income Attributable to Noncontrolling Interests 21 1 46 1
Net Loss and Comprehensive Loss Attributable to Noble Energy $ (136) $ (144) $ (1,612) $ (746)
Net Loss Attributable to Noble Energy per Common Share - Basic and Diluted ($ per share) $ (0.28) $ (0.33) $ (3.47) $ (1.73)
Weighted Average Number of Common Shares Outstanding        
Basic and Diluted (in shares) 487 430 464 430