Segment Information (Tables)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

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:

	Three Months Ended   June 30,						Six Months Ended   June 30,
millions	2016			2015			2016			2015
Income (loss) before income taxes	$	(925	)	$	185		$	(2,306	)	$	(4,443	)
(Gains) losses on divestitures, net	104			91			102			425
Exploration expense	76			103			202			1,186
DD&A	984			1,214			2,133			2,470
Impairments	18			30			34			2,813
Interest expense	217			201			437			417
Total (gains) losses on derivatives, net, less net cash from settlement of commodity derivatives	371			(229		)	775			14
Restructuring charges	48			—			251			—
Other operating expense	—			—			1			4
Loss on early extinguishment of debt	124			—			124			—
Tronox-related contingent loss	—			—			—			5
Certain other nonoperating items	(56		)	—			(56		)	22
Less net income (loss) attributable to noncontrolling interests	81			47			117			79
Consolidated Adjusted EBITDAX	$	880		$	1,548		$	1,580		$	2,834

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
Three Months Ended June 30, 2016
Sales revenues	$	1,033	$	141	$	811		$	—		$	1,985
Intersegment revenues	567		340		(676		)	(231		)	—
Other	—		—		—			34			34
Total revenues and other (1)	1,600		481		135			(197		)	2,019
Operating costs and expenses (2)	790		219		177			(65		)	1,121
Net cash from settlement of commodity derivatives	—		—		—			(60		)	(60		)
Other (income) expense, net (3)	—		—		—			1			1
Net income (loss) attributable to noncontrolling interests	—		81		—			—			81
Total expenses and other	790		300		177			(124		)	1,143
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—		—		4			—			4
Adjusted EBITDAX	$	810	$	181	$	(38	)	$	(73	)	$	880
Three Months Ended June 30, 2015
Sales revenues	$	1,356	$	191	$	1,090		$	—		$	2,637
Intersegment revenues	885		303		(954		)	(234		)	—
Other	—		—		—			90			90
Total revenues and other (1)	2,241		494		136			(144		)	2,727
Operating costs and expenses (2)	832		234		192			(59		)	1,199
Net cash from settlement of commodity derivatives	—		—		—			(82		)	(82		)
Other (income) expense, net	—		—		—			15			15
Net income (loss) attributable to noncontrolling interests	—		47		—			—			47
Total expenses and other	832		281		192			(126		)	1,179
Adjusted EBITDAX	$	1,409	$	213	$	(56	)	$	(18	)	$	1,548

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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, restructuring charges, 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.

19. Segment Information (Continued)

millions	Oil and Gas Exploration & Production		Midstream		Marketing			Other and Intersegment Eliminations			Total
Six Months Ended June 30, 2016
Sales revenues	$	1,744	$	266	$	1,609		$	—		$	3,619
Intersegment revenues	1,168		642		(1,339		)	(471		)	—
Other	—		—		—			72			72
Total revenues and other (1)	2,912		908		270			(399		)	3,691
Operating costs and expenses (2)	1,563		402		353			(154		)	2,164
Net cash from settlement of commodity derivatives	—		—		—			(163		)	(163		)
Other (income) expense, net (3)	—		—		—			1			1
Net income (loss) attributable to noncontrolling interests	—		117		—			—			117
Total expenses and other	1,563		519		353			(316		)	2,119
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—		—		8			—			8
Adjusted EBITDAX	$	1,349	$	389	$	(75	)	$	(83	)	$	1,580
Six Months Ended June 30, 2015
Sales revenues	$	2,426	$	365	$	2,431		$	—		$	5,222
Intersegment revenues	2,002		605		(2,145		)	(462		)	—
Other	—		—		—			160			160
Total revenues and other (1)	4,428		970		286			(302		)	5,382
Operating costs and expenses (2)	1,834		474		390			(96		)	2,602
Net cash from settlement of commodity derivatives	—		—		—			(172		)	(172		)
Other (income) expense, net (3)	—		—		—			40			40
Net income (loss) attributable to noncontrolling interests	—		79		—			—			79
Total expenses and other	1,834		553		390			(228		)	2,549
Total (gains) losses on derivatives, net included in marketing revenue, less net cash from settlement	—		—		1			—			1
Adjusted EBITDAX	$	2,594	$	417	$	(103	)	$	(74	)	$	2,834

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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, restructuring charges, 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.