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Revenue Recognition (Tables) | 9 Months Ended
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Sep. 30, 2018
Revenue from Contract with Customer [Abstract] |
Adoption of new revenue standard | In accordance with the new revenue standard requirements, the disclosure of the impact of adoption on our condensed consolidated statements of operations was as follows:
|  | Before adoption of ASC 606 |  | Adjustments |  | As Reported
|  |  |  | ($ in millions) |  |
Statement of Operations for the Three Months Ended September 30, 2018 |  |  |
Marketing revenues |  | $ | 1,508 |  |  | $ | (289 | ) |  | $ | 1,219 |
Marketing operating expenses |  | $ | 1,516 |  |  | $ | (278 | ) |  | $ | 1,238 |
Statement of Operations for the Nine Months Ended September 30, 2018 |  |  |  |
Marketing revenues |  | $ | 4,320 |  |  | $ | (582 | ) |  | $ | 3,738 |
Marketing operating expenses |  | $ | 4,365 |  |  | $ | (567 | ) |  | $ | 3,798 |
Disaggregation of revenue | The following table shows revenue disaggregated by operating area and product type, for the Current Quarter and the Current Period:
|  | Three Months Ended September 30, 2018
|  | Oil |  | Natural Gas |  | NGL |  | Total
|  | ($ in millions)
Marcellus |  | $ | — |  |  | $ | 184 |  |  | $ | — |  |  | $ | 184 |
Haynesville |  | — |  |  | 195 |  |  | — |  |  | 195 |
Eagle Ford |  | 399 |  |  | 36 |  |  | 58 |  |  | 493 |
Utica |  | 59 |  |  | 131 |  |  | 76 |  |  | 266 |
Mid-Continent |  | 58 |  |  | 15 |  |  | 12 |  |  | 85 |
Powder River Basin |  | 78 |  |  | 17 |  |  | 13 |  |  | 108 |
Revenue from contracts with customers |  | 594 |  |  | 578 |  |  | 159 |  |  | 1,331 |
Losses on oil, natural gas and NGL derivatives |  | (100 | ) |  | (18 | ) |  | (14 | ) |  | (132 | )
Oil, natural gas and NGL revenue |  | $ | 494 |  |  | $ | 560 |  |  | $ | 145 |  |  | $ | 1,199 |
Marketing revenue from contracts with customers |  | $ | 707 |  |  | $ | 211 |  |  | $ | 112 |  |  | $ | 1,030 |
Other marketing revenue |  | 119 |  |  | 70 |  |  | — |  |  | 189 |
Marketing revenue |  | $ | 826 |  |  | $ | 281 |  |  | $ | 112 |  |  | $ | 1,219 |
|  | Nine Months Ended September 30, 2018
|  | Oil |  | Natural Gas |  | NGL |  | Total
|  | ($ in millions)
Marcellus |  | $ | — |  |  | $ | 646 |  |  | $ | — |  |  | $ | 646 |
Haynesville |  | 2 |  |  | 603 |  |  | — |  |  | 605 |
Eagle Ford |  | 1,148 |  |  | 120 |  |  | 143 |  |  | 1,411 |
Utica |  | 179 |  |  | 350 |  |  | 189 |  |  | 718 |
Mid-Continent |  | 196 |  |  | 63 |  |  | 42 |  |  | 301 |
Powder River Basin |  | 173 |  |  | 40 |  |  | 30 |  |  | 243 |
Revenue from contracts with customers |  | 1,698 |  |  | 1,822 |  |  | 404 |  |  | 3,924 |
Losses on oil, natural gas and NGL derivatives |  | (388 | ) |  | (85 | ) |  | (27 | ) |  | (500 | )
Oil, natural gas and NGL revenue |  | $ | 1,310 |  |  | $ | 1,737 |  |  | $ | 377 |  |  | $ | 3,424 |
Marketing revenue from contracts with customers |  | $ | 2,125 |  |  | $ | 733 |  |  | $ | 324 |  |  | $ | 3,182 |
Other marketing revenue |  | 381 |  |  | 175 |  |  | — |  |  | 556 |
Marketing revenue |  | $ | 2,506 |  |  | $ | 908 |  |  | $ | 324 |  |  | $ | 3,738 |
Accounts receivable | Accounts receivable as of September 30, 2018 and December 31, 2017 are detailed below:
|  | September 30, 2018 |  | December 31, 2017
|  | ($ in millions)
Oil, natural gas and NGL sales |  | $ | 829 |  |  | $ | 959 |
Joint interest |  | 160 |  |  | 209 |
Other |  | 78 |  |  | 184 |
Allowance for doubtful accounts |  | (16 | ) |  | (30 | )
Total accounts receivable, net |  | $ | 1,051 |  |  | $ | 1,322 |

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