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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Parent
Preferred stock
Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Contingent convertible senior notes exchanged for shares of common stock
Additional Paid-in Capital
Senior notes exchanged for shares of common stock
Additional Paid-in Capital
Preferred stock, exchanged for shares of common stock
Retained earnings
Retained earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Treasury Stock - Common
Noncontrolling Interest
Total stockholders’ equity, beginning of period at Dec. 31, 2017     $ 1,671 $ 0 [1] $ 14,446 [1]       $ (14,130) $ (8) $ (57) $ (31) [1]  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Exchange/conversions of 40,000, 0 and 236,048 shares of preferred stock for common stock     0                    
Common shares issued for WildHorse Merger [1]       0 0                
Exchange of senior notes and convertible notes [1]       0                  
Stock-based compensation [1]         33                
Convertible notes exchanged, value [1]           $ 0 $ 0            
Exchange of preferred stock for 0, 51,839, and 0 shares of common stock [1]               $ 0          
Equity component of contingent convertible notes repurchased [1]         0                
Dividends on preferred stock [1]         (92)                
Net income (loss) attributable to Chesapeake $ 226               226        
Hedging activity [2] 34                        
Hedging activity                     34    
Purchase of 17,901, 14,391, and 7,550 shares for company benefit plans [1]                       (4)  
Release of 44,126, 4,398 and 2,519 shares from company benefit plans [1]                       4  
Total stockholders’ equity, end of period at Dec. 31, 2018   $ 2,092 1,671 0 [1] 14,387 [1]       (13,912) 0 (23) (31) [1]  
Stockholders' equity attributable to noncontrolling interest, beginning of period at Dec. 31, 2017                         $ 44
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net (income) loss attributable to noncontrolling interests (2)                       2
Distributions to noncontrolling interest owners                         (5)
Divestiture of underlying assets                         0
Stockholders' equity attributable to noncontrolling interest, end of period at Dec. 31, 2018                         41
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
TOTAL EQUITY (DEFICIT) 2,133                        
Exchange/conversions of 40,000, 0 and 236,048 shares of preferred stock for common stock     (40)                    
Common shares issued for WildHorse Merger [1]       0 2,037                
Exchange of senior notes and convertible notes [1]       0                  
Stock-based compensation [1]         27                
Convertible notes exchanged, value [1]           135 440            
Exchange of preferred stock for 0, 51,839, and 0 shares of common stock [1]               40          
Equity component of contingent convertible notes repurchased [1]         (2)                
Dividends on preferred stock [1]         (91)                
Net income (loss) attributable to Chesapeake (308)               (308)        
Hedging activity 35 [2]                   (35)    
Purchase of 17,901, 14,391, and 7,550 shares for company benefit plans [1]                       (7)  
Release of 44,126, 4,398 and 2,519 shares from company benefit plans [1]                       6  
Total stockholders’ equity, end of period at Dec. 31, 2019 4,364 4,364 1,631 0 [1] 16,973 [1]       (14,220) $ 0 12 (32) [1]  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net (income) loss attributable to noncontrolling interests 0                       0
Distributions to noncontrolling interest owners                         (4)
Divestiture of underlying assets                         0
Stockholders' equity attributable to noncontrolling interest, end of period at Dec. 31, 2019 37                       37
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
TOTAL EQUITY (DEFICIT) 4,401                        
Exchange/conversions of 40,000, 0 and 236,048 shares of preferred stock for common stock     0                    
Common shares issued for WildHorse Merger [1]       0 0                
Exchange of senior notes and convertible notes [1]       0                  
Stock-based compensation [1]         (14)                
Convertible notes exchanged, value [1]           $ 0 $ 0            
Exchange of preferred stock for 0, 51,839, and 0 shares of common stock [1]               $ 0          
Equity component of contingent convertible notes repurchased [1]         0                
Dividends on preferred stock [1]         (22)                
Net income (loss) attributable to Chesapeake (9,734)               (9,734)        
Hedging activity 33 [2]                   (33)    
Purchase of 17,901, 14,391, and 7,550 shares for company benefit plans [1]                       (2)  
Release of 44,126, 4,398 and 2,519 shares from company benefit plans [1]                       34  
Total stockholders’ equity, end of period at Dec. 31, 2020 (5,341) (5,341) 1,631 0 [1] 16,937 [1]       (23,954)   45 0 [1]  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net (income) loss attributable to noncontrolling interests 16                       (16)
Distributions to noncontrolling interest owners                         0
Divestiture of underlying assets                         (21)
Stockholders' equity attributable to noncontrolling interest, end of period at Dec. 31, 2020 0                       0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) attributable to Chesapeake (416)                        
Total stockholders’ equity, end of period at Dec. 31, 2020 (5,341) $ (5,341) $ 1,631 $ 0 [1] $ 16,937 [1]       $ (23,954)   $ 45 $ 0 [1]  
Stockholders' equity attributable to noncontrolling interest, end of period at Dec. 31, 2020 0                       $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
TOTAL EQUITY (DEFICIT) $ (5,341)                        
[1] Amounts and shares have been retroactively adjusted to reflect a 1-for-200 (1:200) reverse stock split effective April 14, 2020. See Note 11 for additional information.
[2] Deferred tax activity incurred in other comprehensive income was offset by a valuation allowance.