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Segment Information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents selected financial information for Chesapeake’s operating segments:
 
 
Exploration
and
Production
 
Marketing,
Gathering
and
Compression 
 
Other  
 
Intercompany
Eliminations
 
Consolidated 
Total
 
 
($ in millions)
Three Months Ended
March 31, 2016
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
993

 
$
1,743

 
$

 
$
(783
)
 
$
1,953

Intersegment revenues
 

 
(783
)
 

 
783

 

Total revenues
 
$
993

 
$
960

 
$

 
$

 
$
1,953

 
 
 
 
 
 
 
 
 
 
 
Income (Loss) Before
Income Taxes
 
$
(895
)
 
$
40

 
$
(9
)
 
$
(57
)
 
$
(921
)
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
March 31, 2015
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
1,520

 
$
2,908

 
$

 
$
(1,210
)
 
$
3,218

Intersegment revenues
 
23

 
(1,233
)
 

 
1,210

 

Total revenues
 
$
1,543

 
$
1,675

 
$

 
$

 
$
3,218

 
 
 
 
 
 
 
 
 
 
 
Income (Loss) Before
Income Taxes
 
$
(5,349
)
 
$
4

 
$
(14
)
 
$
267

 
$
(5,092
)
 
 
 
 
 
 
 
 
 
 
 
As of
March 31, 2016
 
 
 
 
 
 
 
 
 
 
Total Assets
 
$
12,624

 
$
1,425

 
$
1,468

 
$
(160
)
 
$
15,357

 
 
 
 
 
 
 
 
 
 
 
As of
December 31, 2015
 
 
 
 
 
 
 
 
 
 
Total Assets
(as previously reported)
 
$
11,776

 
$
1,524

 
$
4,325

 
$
(311
)
 
$
17,314

 
 
 
 
 
 
 
 
 
 
 
As of
December 31, 2015
 
 
 
 
 
 
 
 
 
 
Total Assets
(as revised)
 
$
14,610

 
$
1,524

 
$
1,491

 
$
(311
)
 
$
17,314