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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING REVENUES      
Total revenues from contracts with customers $ 3,670 $ 1,405 $ 1,985
(Loss) gain on derivative instruments (221) 61 81
Total operating revenues 3,449 1,466 2,066
OPERATING EXPENSES      
Direct operations 156 73 77
Transportation, processing and gathering 663 571 575
Taxes other than income 83 14 17
Exploration 18 15 20
Depreciation, depletion and amortization 693 391 406
General and administrative 270 106 95
TOTAL OPERATING EXPENSES 1,883 1,170 1,190
Earnings on equity method investments 0 0 81
Loss on sale of assets (2) 0 (1)
INCOME FROM OPERATIONS 1,564 296 956
Interest expense, net 62 54 55
Other expense 0 0 1
Income before income taxes 1,502 242 900
Income tax expense 344 41 219
NET INCOME $ 1,158 $ 201 $ 681
Earnings per share      
Basic (in dollars per share) $ 2.30 $ 0.50 $ 1.64
Diluted (in dollars per share) $ 2.29 $ 0.50 $ 1.63
Weighted-average common shares outstanding      
Basic (in shares) 503,000,000 399,000,000 416,000,000
Diluted (in shares) 504,000,000 401,000,000 418,000,000
Natural gas      
OPERATING REVENUES      
Total revenues from contracts with customers $ 2,798 $ 1,405 $ 1,985
Oil      
OPERATING REVENUES      
Total revenues from contracts with customers 616 0 0
NGL      
OPERATING REVENUES      
Total revenues from contracts with customers 243 0 0
Other      
OPERATING REVENUES      
Total revenues from contracts with customers $ 13 $ 0 $ 0