Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Reconciliation of Consolidated Adjusted EBITDAX to Income (Loss) before Income Taxes

Below is a reconciliation of consolidated Adjusted EBITDAX to income (loss) before income taxes for the years ended December 31:



millions	2015			2014			2013
Income (loss) before income taxes	$	(9,689	)	$	54		$	2,106
(Gains) losses on divestitures, net	1,022			(1,891		)	470
Exploration expense	2,644			1,639			1,329
DD&A	4,603			4,550			3,927
Impairments	5,075			836			794
Interest expense	825			772			686
Total (gains) losses on derivatives, net, less net cash from settlement of commodity derivatives	235			578			(307		)
Other operating expense	74			97			48
Tronox-related contingent loss	5			4,360			850
Certain other nonoperating items	22			22			110
Less net income (loss) attributable to noncontrolling interests	(120		)	187			140
Consolidated Adjusted EBITDAX	$	4,936		$	10,830		$	9,873

Schedule of Segment Reporting Information by Segment

The following summarizes selected financial information for Anadarko’s reporting segments:



millions	Oil and Gas Exploration & Production		Midstream			Marketing			Other and Intersegment Eliminations			Total
2015
Sales revenues	$	4,734	$	727		$	4,025		$	—		$	9,486
Intersegment revenues	3,178		1,207			(3,476		)	(909		)	—
Other	—		—			—			234			234
Total revenues and other ⁽¹⁾	7,912		1,934			549			(675		)	9,720
Operating costs and expenses ⁽²⁾	3,456		998			743			(86		)	5,111
Net cash from settlement of commodity derivatives	—		—			—			(335		)	(335		)
Other (income) expense, net ⁽³⁾	—		—			—			127			127
Net income (loss) attributable to noncontrolling interests	—		(120		)	—			—			(120		)
Total expenses and other	3,456		878			743			(294		)	4,783
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—		—			(1		)	—			(1		)
Adjusted EBITDAX	$	4,456	$	1,056		$	(195	)	$	(381	)	$	4,936
Net properties and equipment	$	25,742	$	5,876		$	—		$	2,133		$	33,751
Capital expenditures	$	5,029	$	770		$	—		$	89		$	5,888
Goodwill	$	4,945	$	450		$	—		$	—		$	5,395



millions	Oil and Gas Exploration & Production		Midstream		Marketing			Other and Intersegment Eliminations			Total
2014
Sales revenues	$	8,603	$	484	$	7,288		$	—		$	16,375
Intersegment revenues	6,225		1,338		(6,771		)	(792		)	—
Other	—		—		—			204			204
Total revenues and other ⁽¹⁾	14,828		1,822		517			(588		)	16,579
Operating costs and expenses ⁽²⁾	4,216		972		740			17			5,945
Net cash from settlement of commodity derivatives	—		—		—			(377		)	(377		)
Other (income) expense, net ⁽³⁾	—		—		—			(2		)	(2		)
Net income (loss) attributable to noncontrolling interests	—		187		—			—			187
Total expenses and other	4,216		1,159		740			(362		)	5,753
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—		—		4			—			4
Adjusted EBITDAX	$	10,612	$	663	$	(219	)	$	(226	)	$	10,830
Net properties and equipment	$	32,717	$	6,697	$	—		$	2,175		$	41,589
Capital expenditures	$	7,934	$	1,149	$	—		$	173		$	9,256
Goodwill	$	5,123	$	453	$	—		$	—		$	5,576
2013
Sales revenues	$	7,090	$	387	$	7,390		$	—		$	14,867
Intersegment revenues	6,405		1,105		(6,859		)	(651		)	—
Other	—		—		—			184			184
Total revenues and other ⁽¹⁾	13,495		1,492		531			(467		)	15,051
Operating costs and expenses ⁽²⁾	3,635		843		652			20			5,150
Net cash from settlement of commodity derivatives	—		—		—			(95		)	(95		)
Other (income) expense, net ⁽³⁾	—		—		—			(21		)	(21		)
Net income (loss) attributable to noncontrolling interests	—		140		—			—			140
Total expenses and other	3,635		983		652			(96		)	5,174
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—		—		(4		)	—			(4		)
Adjusted EBITDAX	$	9,860	$	509	$	(125	)	$	(371	)	$	9,873
Net properties and equipment	$	33,409	$	5,408	$	9		$	2,103		$	40,929
Capital expenditures	$	7,008	$	1,248	$	—		$	267		$	8,523
Goodwill	$	5,317	$	175	$	—		$	—		$	5,492

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⁽¹⁾	Total revenues and other excludes gains (losses) on divestitures, net since these gains and losses are excluded from Adjusted EBITDAX.


⁽²⁾	Operating costs and expenses excludes exploration expense, DD&A, impairments, and other operating expense since these expenses are excluded from Adjusted EBITDAX.


⁽³⁾	Other (income) expense, net excludes certain other nonoperating items since these items are excluded from Adjusted EBITDAX.

Schedule of Sales Revenues by Geographic Areas



	Years Ended December 31,
millions	2015		2014		2013
Sales Revenues
United States	$	7,819	$	13,083	$	11,290
Algeria	1,189		2,435		2,184
Other International	478		857		1,393
Total sales revenues	$	9,486	$	16,375	$	14,867

Schedule of Net Properties and Equipment by Geographic Areas



	December 31,
millions	2015		2014
Net Properties and Equipment
United States	$	29,625	$	37,186
Algeria	1,271		1,431
Other International	2,855		2,972
Total net properties and equipment	$	33,751	$	41,589