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Financial Information by Business Segment (Tables) | 3 Months Ended
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Mar. 31, 2017
Segment Reporting [Abstract] |
Schedule of company's operating revenues, income from operations and assets | Substantially all of the Company’s operating revenues, income from operations and assets are generated or located in the United States.
Three Months Ended March 31, 2017 | EQT Production |  | EQT Gathering |  | EQT Transmission |  | Intersegment Eliminations |  | EQT Corporation
Revenues: | (Thousands)
Sales of natural gas, oil and NGLs | $ | 673,465 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 673,465 |
Pipeline and net marketing services | 14,455 |  |  | 102,329 |  |  | 101,097 |  |  | (134,565 | ) |  | 83,316 |
Gain on derivatives not designated as hedges | 140,742 |  |  | — |  |  | — |  |  | — |  |  | 140,742 |
Total operating revenues | $ | 828,662 |  |  | $ | 102,329 |  |  | $ | 101,097 |  |  | $ | (134,565 | ) |  | $ | 897,523 |
Three Months Ended March 31, 2016 | EQT Production |  | EQT Gathering |  | EQT Transmission |  | Intersegment Eliminations |  | EQT Corporation
Revenues: | (Thousands)
Sales of natural gas, oil and NGLs | $ | 364,427 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 364,427 |
Pipeline and net marketing services | 10,285 |  |  | 98,009 |  |  | 87,777 |  |  | (124,424 | ) |  | 71,647 |
Gain on derivatives not designated as hedges | 108,995 |  |  | — |  |  | — |  |  | — |  |  | 108,995 |
Total operating revenues | $ | 483,707 |  |  | $ | 98,009 |  |  | $ | 87,777 |  |  | $ | (124,424 | ) |  | $ | 545,069 |
| Three Months Ended March 31,
| 2017 |  | 2016
| (Thousands)
Operating income (loss): |  |  |  |  |
EQT Production | $ | 257,430 |  |  | $ | (5,478 | )
EQT Gathering | 73,589 |  |  | 72,604 |
EQT Transmission | 71,524 |  |  | 64,516 |
Unallocated expenses (a) | (11,899 | ) |  | (4,441 | )
Total operating income | $ | 390,644 |  |  | $ | 127,201 |
(a) | Unallocated expenses consist primarily of compensation expense and administrative costs.
Reconciliation of operating income to income from continuing operations | Reconciliation of operating income to net income:
| Three Months Ended March 31,
| 2017 |  | 2016
| (Thousands)
Total operating income | $ | 390,644 |  |  | $ | 127,201 |
Other income | 3,381 |  |  | 4,840 |
Interest expense | 42,655 |  |  | 36,180 |
Income tax expense | 100,665 |  |  | 7,436 |
Net income | $ | 250,705 |  |  | $ | 88,425 |
Schedule of segment assets |
| As of March 31, 2017 |  | As of December 31, 2016
| (Thousands)
Segment assets: |  |  |  |  |
EQT Production | $ | 11,577,963 |  |  | $ | 10,923,824 |
EQT Gathering | 1,279,944 |  |  | 1,225,686 |
EQT Transmission | 1,413,061 |  |  | 1,399,201 |
Total operating segments | 14,270,968 |  |  | 13,548,711 |
Headquarters assets, including cash and short-term investments | 1,375,646 |  |  | 1,924,211 |
Total assets | $ | 15,646,614 |  |  | $ | 15,472,922 |
Schedule of depreciation, depletion and amortization and expenditures for segment assets |
| Three Months Ended March 31,
| 2017 |  | 2016
| (Thousands)
Depreciation, depletion and amortization: |  |  |  |  |
EQT Production | $ | 211,097 |  |  | $ | 205,676 |
EQT Gathering | 8,860 |  |  | 7,263 |
EQT Transmission | 11,687 |  |  | 6,744 |
Other | 274 |  |  | 1,548 |
Total | $ | 231,918 |  |  | $ | 221,231 |
Expenditures for segment assets (b): |  |  |  |  |
EQT Production (c) | $ | 945,458 |  |  | $ | 237,566 |
EQT Gathering | 48,838 |  |  | 73,087 |
EQT Transmission | 21,389 |  |  | 60,071 |
Other | 1,628 |  |  | 2,822 |
Total | $ | 1,017,313 |  |  | $ | 373,546 |
(b) | Includes the capitalized portion of non-cash stock-based compensation expense and the impact of capital accruals.
(c) | Expenditures for segment assets in the EQT Production segment included $45.3 million and $33.3 million for general leasing activity during the three months ended March 31, 2017 and 2016, respectively. The three months ended March 31, 2017 also includes $669.5 million of cash capital expenditures and $15.4 million of non-cash capital expenditures for the acquisitions discussed in Note M.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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