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Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2021
Discontinued Operations And Disposal Groups [Abstract]  
Summary of Amounts Reported as Discontinued Operations in the Consolidated Comprehensive Statements of Earnings and Carrying Amounts of Assets and Liabilities Classified as Held for Sale on the Consolidated Balance Sheets

 

The following table presents the amounts reported in the consolidated statements of comprehensive earnings as discontinued operations.

 

Year ended December 31,

 

Barnett Shale

 

 

Canada

 

 

Total

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

Oil, gas and NGL sales

 

$

263

 

 

$

—

 

 

$

263

 

Total revenues

 

 

263

 

 

 

—

 

 

 

263

 

Production expenses

 

 

214

 

 

 

—

 

 

 

214

 

Asset impairments

 

 

182

 

 

 

—

 

 

 

182

 

Asset dispositions

 

 

(4

)

 

 

5

 

 

 

1

 

General and administrative expenses

 

 

—

 

 

 

3

 

 

 

3

 

Financing costs, net

 

 

—

 

 

 

(3

)

 

 

(3

)

Restructuring and transaction costs

 

 

—

 

 

 

9

 

 

 

9

 

Other expenses

 

 

10

 

 

 

(1

)

 

 

9

 

Total expenses

 

 

402

 

 

 

13

 

 

 

415

 

Loss from discontinued operations before income taxes

 

 

(139

)

 

 

(13

)

 

 

(152

)

Income tax benefit

 

 

(11

)

 

 

(13

)

 

 

(24

)

Loss from discontinued operations, net of tax

 

$

(128

)

 

$

—

 

 

$

(128

)

2019

 

 

 

 

 

 

 

 

 

 

 

 

Oil, gas and NGL sales

 

$

486

 

 

$

741

 

 

$

1,227

 

Oil, gas and NGL derivatives

 

 

—

 

 

 

(113

)

 

 

(113

)

Marketing and midstream revenues

 

 

—

 

 

 

38

 

 

 

38

 

Total revenues

 

 

486

 

 

 

666

 

 

 

1,152

 

Production expenses

 

 

306

 

 

 

293

 

 

 

599

 

Exploration expenses

 

 

—

 

 

 

13

 

 

 

13

 

Marketing and midstream expenses

 

 

—

 

 

 

18

 

 

 

18

 

Depreciation, depletion and amortization

 

 

77

 

 

 

128

 

 

 

205

 

Asset impairments

 

 

748

 

 

 

37

 

 

 

785

 

Asset dispositions

 

 

1

 

 

 

(223

)

 

 

(222

)

General and administrative expenses

 

 

—

 

 

 

34

 

 

 

34

 

Financing costs, net

 

 

—

 

 

 

87

 

 

 

87

 

Restructuring and transaction costs

 

 

—

 

 

 

248

 

 

 

248

 

Other expenses

 

 

11

 

 

 

6

 

 

 

17

 

Total expenses

 

 

1,143

 

 

 

641

 

 

 

1,784

 

Earnings (loss) from discontinued operations before income taxes

 

 

(657

)

 

 

25

 

 

 

(632

)

Income tax benefit

 

 

(142

)

 

 

(216

)

 

 

(358

)

Net earnings (loss) from discontinued operations, net of tax

 

$

(515

)

 

$

241

 

 

$

(274

)