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v3.19.2

Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2019
Revenue from Contract with Customer [Abstract] |
Disaggregation of revenue | The following table shows revenue disaggregated by operating area and product type, for the Current Quarter, the Prior Quarter, the Current Period and the Prior Period:
|  | Three Months Ended June 30, 2019
|  | Oil |  | Natural Gas |  | NGL |  | Total
|  | ($ in millions)
Marcellus |  | $ | — |  |  | $ | 198 |  |  | $ | — |  |  | $ | 198 |
Haynesville |  | — |  |  | 164 |  |  | — |  |  | 164 |
Eagle Ford |  | 349 |  |  | 37 |  |  | 20 |  |  | 406 |
Brazos Valley |  | 199 |  |  | 9 |  |  | 5 |  |  | 213 |
Powder River Basin |  | 102 |  |  | 18 |  |  | 8 |  |  | 128 |
Mid-Continent |  | 50 |  |  | 10 |  |  | 10 |  |  | 70 |
Revenue from contracts with customers |  | 700 |  |  | 436 |  |  | 43 |  |  | 1,179 |
Gains on oil, natural gas and NGL derivatives |  | 86 |  |  | 189 |  |  | — |  |  | 275 |
Oil, natural gas and NGL revenue |  | $ | 786 |  |  | $ | 625 |  |  | $ | 43 |  |  | $ | 1,454 |
Marketing revenue from contracts with customers |  | $ | 614 |  |  | $ | 162 |  |  | $ | 48 |  |  | $ | 824 |
Other marketing revenue |  | 78 |  |  | 15 |  |  | — |  |  | 93 |
Losses on oil, natural gas and NGL derivatives |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Marketing revenue |  | $ | 692 |  |  | $ | 176 |  |  | $ | 48 |  |  | $ | 916 |
|  | Three Months Ended June 30, 2018
|  | Oil |  | Natural Gas |  | NGL |  | Total
|  | ($ in millions)
Marcellus |  | $ | — |  |  | $ | 169 |  |  | $ | — |  |  | $ | 169 |
Haynesville |  | 1 |  |  | 198 |  |  | — |  |  | 199 |
Eagle Ford |  | 390 |  |  | 42 |  |  | 46 |  |  | 478 |
Powder River Basin |  | 52 |  |  | 11 |  |  | 9 |  |  | 72 |
Mid-Continent |  | 62 |  |  | 15 |  |  | 12 |  |  | 89 |
Utica |  | 62 |  |  | 103 |  |  | 61 |  |  | 226 |
Revenue from contracts with customers |  | 567 |  |  | 538 |  |  | 128 |  |  | 1,233 |
Losses on oil, natural gas and NGL derivatives |  | (202 | ) |  | (35 | ) |  | (14 | ) |  | (251 | )
Oil, natural gas and NGL revenue |  | $ | 365 |  |  | $ | 503 |  |  | $ | 114 |  |  | $ | 982 |
Marketing revenue from contracts with customers |  | 732 |  |  | 235 |  |  | 102 |  |  | 1,069 |
Other marketing revenue |  | 145 |  |  | 59 |  |  | — |  |  | 204 |
Marketing revenue |  | $ | 877 |  |  | $ | 294 |  |  | $ | 102 |  |  | $ | 1,273 |
|  | Six Months Ended June 30, 2019
|  | Oil |  | Natural Gas |  | NGL |  | Total
|  | ($ in millions)
Marcellus |  | $ | — |  |  | $ | 500 |  |  | $ | — |  |  | $ | 500 |
Haynesville |  | — |  |  | 365 |  |  | — |  |  | 365 |
Eagle Ford |  | 680 |  |  | 85 |  |  | 66 |  |  | 831 |
Brazos Valley |  | 320 |  |  | 13 |  |  | 7 |  |  | 340 |
Powder River Basin |  | 176 |  |  | 43 |  |  | 18 |  |  | 237 |
Mid-Continent |  | 90 |  |  | 25 |  |  | 21 |  |  | 136 |
Revenue from contracts with customers |  | 1,266 |  |  | 1,031 |  |  | 112 |  |  | 2,409 |
Gains (losses) on oil, natural gas and NGL derivatives |  | (173 | ) |  | 147 |  |  | — |  |  | (26 | )
Oil, natural gas and NGL revenue |  | $ | 1,093 |  |  | $ | 1,178 |  |  | $ | 112 |  |  | $ | 2,383 |
Marketing revenue from contracts with customers |  | $ | 1,227 |  |  | $ | 575 |  |  | $ | 165 |  |  | $ | 1,967 |
Other marketing revenue |  | 150 |  |  | 35 |  |  | — |  |  | 185 |
Losses on oil, natural gas and NGL derivatives |  | — |  |  | (3 | ) |  | — |  |  | (3 | )
Marketing revenue |  | $ | 1,377 |  |  | $ | 607 |  |  | $ | 165 |  |  | $ | 2,149 |
|  | Six Months Ended June 30, 2018
|  | Oil |  | Natural Gas |  | NGL |  | Total
|  | ($ in millions)
Marcellus |  | $ | — |  |  | $ | 462 |  |  | $ | — |  |  | $ | 462 |
Haynesville |  | 2 |  |  | 409 |  |  | — |  |  | 411 |
Eagle Ford |  | 750 |  |  | 84 |  |  | 85 |  |  | 919 |
Powder River Basin |  | 95 |  |  | 23 |  |  | 17 |  |  | 135 |
Mid-Continent |  | 138 |  |  | 47 |  |  | 30 |  |  | 215 |
Utica |  | 119 |  |  | 219 |  |  | 113 |  |  | 451 |
Revenue from contracts with customers |  | 1,104 |  |  | 1,244 |  |  | 245 |  |  | 2,593 |
Losses on oil, natural gas and NGL derivatives |  | (288 | ) |  | (67 | ) |  | (13 | ) |  | (368 | )
Oil, natural gas and NGL revenue |  | $ | 816 |  |  | $ | 1,177 |  |  | $ | 232 |  |  | $ | 2,225 |
Marketing revenue from contracts with customers |  | 1,418 |  |  | 528 |  |  | 212 |  |  | 2,158 |
Other marketing revenue |  | 262 |  |  | 99 |  |  | — |  |  | 361 |
Marketing revenue |  | $ | 1,680 |  |  | $ | 627 |  |  | $ | 212 |  |  | $ | 2,519 |
Accounts receivable | Accounts receivable as of June 30, 2019 and December 31, 2018 are detailed below:
|  | June 30, 2019 |  | December 31, 2018
|  | ($ in millions)
Oil, natural gas and NGL sales |  | $ | 682 |  |  | $ | 976 |
Joint interest |  | 289 |  |  | 211 |
Other |  | 71 |  |  | 77 |
Allowance for doubtful accounts |  | (21 | ) |  | (17 | )
Total accounts receivable, net |  | $ | 1,021 |  |  | $ | 1,247 |

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- Definition Tabular disclosure of contract balances and changes in contract balances. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045 + Details
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