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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Revenue from sales $ 571 $ 1,093 $ 1,591 $ 2,145
Total 571 1,093 1,591 2,145
Costs and Expenses        
Production Expense 214 260 490 565
Exploration Expense 15 33 1,519 57
Depreciation, Depletion and Amortization 320 528 812 1,036
General and Administrative 63 105 148 207
Asset Impairments 51 0 2,754 0
Goodwill Impairment 0 0 110 0
Other Operating Expense, Net 73 22 117 139
Total 799 1,061 6,152 2,204
Operating (Loss) Income (228) 32 (4,561) (59)
Other Expense (Income)        
Loss (Gain) on Commodity Derivative Instruments 158 (60) (231) 152
Interest, Net of Amount Capitalized 87 63 168 129
Other Non-Operating Expense (Income), Net 3 1 (4) 5
Total 248 4 (67) 286
(Loss) Income Before Income Taxes (476) 28 (4,494) (345)
Income Tax (Benefit) Expense (89) 20 (100) (64)
Net (Loss) Income and Comprehensive (Loss) Income Including Noncontrolling Interests (387) 8 (4,394) (281)
Less: Net Income (Loss) and Comprehensive Income (Loss) Attributable to Noncontrolling Interests 21 18 (23) 42
Net Loss and Comprehensive Loss Attributable to Noble Energy $ (408) $ (10) $ (4,371) $ (323)
Net Loss Attributable to Noble Energy Common Shareholders per Share        
Basic and Diluted ($ per share) $ (0.85) $ (0.02) $ (9.11) $ (0.68)
Weighted Average Number of Common Shares Outstanding        
Basic and Diluted (in shares) 479 478 480 478
Oil, NGL and Gas Sales        
Revenues        
Revenue from sales $ 493 $ 954 $ 1,387 $ 1,891
Sales of Purchased Oil and Gas        
Revenues        
Revenue from sales 49 103 174 177
Costs and Expenses        
Cost of Purchased Oil and Gas 63 113 202 200
Other Revenue        
Revenues        
Revenue from sales $ 29 $ 36 $ 30 $ 77