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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET LOSS $ (3,825) $ (12,450)
ADJUSTMENTS TO RECONCILE NET LOSS TO CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:    
Depreciation, depletion and amortization 874 1,873
Deferred income tax expense (benefit) 0 (3,808)
Derivative (gains) losses, net 283 (642)
Cash receipts on derivative settlements, net 487 850
Stock-based compensation 40 61
Impairment of oil and natural gas properties 2,331 15,407
Net (gains) losses on sales of fixed assets (5) 3
Renegotiation of natural gas gathering contract (66) 0
Impairments of fixed assets and other 785 159
Losses on investments 3 57
Loss on sale of investment 10 0
Gains on purchases or exchanges of debt (255) 0
Restructuring and other termination costs 1 39
Provision for legal contingencies 77 359
Other (92) 24
Changes in assets and liabilities (598) (877)
Net Cash Provided By Operating Activities 50 1,055
CASH FLOWS FROM INVESTING ACTIVITIES:    
Drilling and completion costs (948) (2,696)
Acquisitions of proved and unproved properties (583) (407)
Proceeds from divestitures of proved and unproved properties 988 188
Additions to other property and equipment (32) (114)
Proceeds from sales of other property and equipment 70 80
Cash paid for title defects (69) 0
Additions to investments 0 (1)
Decrease in restricted cash 0 52
Other (5) (7)
Net Cash Used In Investing Activities (579) (2,905)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash paid to purchase debt (1,979) 0
Proceeds from revolving credit facility borrowings 5,097 0
Payments on revolving credit facility borrowings (4,857) 0
Proceeds from issuance of term loan 1,500 0
Cash paid for common stock dividends 0 (118)
Cash paid for preferred stock dividends 0 (128)
Cash paid to repurchase noncontrolling interest of CHK C-T 0 (143)
Distributions to noncontrolling interest owners (8) (78)
Other (45) (32)
Net Cash Used In Financing Activities (292) (499)
Net decrease in cash and cash equivalents (821) (2,349)
Cash and cash equivalents, beginning of period 825 4,108
Cash and cash equivalents, end of period 4 1,759
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of capitalized interest 209 134
Income taxes paid, net of refunds received (20) 50
SUPPLEMENTAL DISCLOSURE OF SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Change in accrued drilling and completion costs (22) (124)
Change in accrued acquisitions of proved and unproved properties (1) 61
Change in divested proved and unproved properties 12 1,046
Debt exchanged for common stock 471 0
Repurchase of noncontrolling interest in CHK C-T $ 0 $ (872)