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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 1 Months Ended 11 Months Ended 12 Months Ended
Feb. 09, 2021
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2020
Revenues and other:        
Natural gas and oil derivatives $ (382) $ (1,127) $ (2,680) $ 596
Gains on sales of assets 5 12 300 30
Total revenues and other 260 5,549 11,743 5,240
Operating expenses:        
Production 32 297 475 373
Gathering, processing and transportation 102 780 1,059 1,082
Severance and ad valorem taxes 18 158 242 149
Exploration 2 7 23 427
General and administrative 21 97 142 267
Separation and other termination costs 22 11 5 44
Depreciation, depletion and amortization 72 919 1,753 1,097
Impairments 0 1 0 8,535
Other operating expense (income), net (12) 84 49 80
Total operating expenses 494 4,611 7,963 13,943
Income (loss) from operations (234) 938 3,780 (8,703)
Other income (expense):        
Interest expense (11) (73) (160) (331)
Gains (losses) on purchases, exchanges or extinguishments of debt 0 0 (5) 65
Other income (expense) 2 31 36 (4)
Reorganization items, net 5,569 0 0 (796)
Total other income (expense) 5,560 (42) (129) (1,066)
Income (loss) before income taxes 5,326 896 3,651 (9,769)
Income tax benefit (57) (49) (1,285) (19)
Net income (loss) 5,383 945 4,936 (9,750)
Net loss attributable to noncontrolling interests 0 0 0 16
Net income (loss) available to Chesapeake 5,383 945 4,936 (9,734)
Deemed dividend on warrants 0 0 (67) 0
Preferred stock dividends 0 0 0 (22)
Net income (loss) available to common stockholders, Basic 5,383 945 4,869 (9,756)
Net income (loss) available to common stockholders, Diluted $ 5,383 $ 945 $ 4,869 $ (9,756)
Earnings (loss) per common share:        
Basic (in dollars per share) $ 550.35 $ 9.29 $ 38.71 $ (998.26)
Diluted (in dollars per share) $ 534.51 $ 8.12 $ 33.36 $ (998.26)
Weighted average common shares outstanding (in thousands):        
Basic (in shares) 9,781 101,754 125,785 9,773
Diluted (in shares) 10,071 116,341 145,961 9,773
Natural gas, oil and NGL        
Revenues and other:        
Revenues $ 398 $ 4,401 $ 9,892 $ 2,745
Marketing        
Revenues and other:        
Revenues 239 2,263 4,231 1,869
Operating expenses:        
Cost of goods and services $ 237 $ 2,257 $ 4,215 $ 1,889