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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Total $ 1,273 $ 960 $ 3,789 $ 3,055
Costs and Expenses        
Production Expense 273 280 886 866
Exploration Expense 25 64 89 136
Depreciation, Depletion and Amortization 485 523 1,418 1,554
Loss on Marcellus Shale Exit Activities 0 4 0 2,326
Gain on Divestitures, Net (193) 0 (859) 0
Asset Impairments 0 0 168 0
General and Administrative 107 102 316 304
Other Operating Expense (Income), Net 78 (15) 222 132
Total 775 958 2,240 5,318
Operating Income (Loss) 498 2 1,549 (2,263)
Other (Income) Expense        
Loss (Gain) on Commodity Derivative Instruments 155 22 483 (145)
(Gain) Loss on Extinguishment of Debt 0 (98) 3 (98)
Interest, Net of Amount Capitalized 70 88 216 271
Other Non-Operating (Income) Expense, Net (34) 100 (10) 94
Total 191 210 689 220
Income (Loss) Before Income Taxes 307 (208) 860 (2,483)
Income Tax Expense (Benefit) 59 (93) 44 (917)
Net Income (Loss) and Comprehensive Income (Loss) Including Noncontrolling Interests 248 (115) 816 (1,566)
Less: Net Income and Comprehensive Income Attributable to Noncontrolling Interests 21 21 58 46
Net Income (Loss) and Comprehensive Income (Loss) Attributable to Noble Energy $ 227 $ (136) $ 758 $ (1,612)
Net Income (Loss) Attributable to Noble Energy per Common Share        
Basic ($ per share) $ 0.47 $ (0.28) $ 1.57 $ (3.47)
Diluted ($ per share) $ 0.47 $ (0.28) $ 1.56 $ (3.47)
Weighted Average Number of Common Shares Outstanding        
Basic (in shares) 482 487 484 464
Diluted (in shares) 484 487 486 464
Oil, NGL and Gas Sales        
Revenues        
Revenue from Sales $ 1,136 $ 907 $ 3,409 $ 2,918
Sales of Purchased Oil and Gas and Other        
Revenues        
Revenue from Sales $ 137 $ 53 $ 380 $ 137