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Statements of Condensed Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 284,915 $ 349,199
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income tax (benefit) expense (195,925) 54,577
Depreciation, depletion and amortization 391,564 309,330
Asset impairments 28,428 6,519
Gain on sale / exchange of assets 0 (37,749)
Gain on dispositions 0 (3,598)
(Recoveries of) provision for losses on accounts receivable (1,648) 919
Other income (3,628) (5,130)
Stock-based compensation expense 28,429 20,810
Loss recognized in operating revenues for hedging ineffectiveness 0 21,273
(Gain) loss on derivatives not designated as hedges (47,851) 17,879
Cash settlements received (paid) on derivatives not designated as hedges 38,775 (10,836)
Changes in other assets and liabilities:    
Dividend from Nora Gathering, LLC 0 9,463
Excess tax benefits on stock-based compensation (21,604) (28,497)
Accounts receivable 157,343 (443)
Accounts payable (63,390) 21,725
Other items, net 60,619 39,979
Net cash provided by operating activities 656,027 765,420
Cash flows from investing activities:    
Capital expenditures from continuing operations (1,321,002) (994,520)
Capital expenditures associated with Range asset exchange 0 (157,256)
Capital contribution to Mountain Valley Pipeline, LLC (45,885) 0
Restricted cash, net 0 (342,744)
Proceeds from sale of assets 0 7,444
Net cash used in investing activities (1,366,887) (1,487,076)
Cash flows from financing activities:    
Proceeds from the issuance of common units of EQT Midstream Partners, LP, net of issuance costs 696,582 902,451
Proceeds from the sale of common units of EQT GP Holdings, LP, net of sale costs 674,374 0
Increase in short-term loans 434,000 450,000
Decrease in short-term loans (122,000) (120,000)
Dividends paid (9,141) (9,101)
Distributions to noncontrolling interests (52,672) (25,674)
Repayments and retirements of long-term debt (9,003) (3,169)
Proceeds and excess tax benefits from exercises under employee compensation plans 27,679 42,042
Cash paid for taxes related to net settlement of share-based incentive awards (44,856) (48,826)
Debt issuance costs and revolving credit facility origination fees 0 (5,075)
Repurchase and retirement of common stock (3,375) (32,368)
Net cash provided by financing activities 1,591,588 1,150,280
Net change in cash and cash equivalents 880,728 428,624
Cash and cash equivalents at beginning of period 1,077,429 845,641
Cash and cash equivalents at end of period 1,958,157 1,274,265
Cash paid during the period for:    
Interest, net of amount capitalized 74,101 62,519
Income taxes, net $ 76,420 $ 89,050