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Consolidated Statements of Cash Flows - USD ($)
 2 Months Ended 10 Months Ended 12 Months Ended
Dec. 31, 2020
Oct. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOW FROM OPERATING ACTIVITIES        
Net (loss) income $ (125,000,000) $ 1,996,000,000 $ 99,000,000 $ 429,000,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:        
Depreciation, depletion and amortization 34,000,000 328,000,000 471,000,000 502,000,000
Asset impairments 0 1,736,000,000 0 0
Net derivative loss (gain) from commodity contracts 141,000,000 (91,000,000) 59,000,000 (1,000,000)
Net (payments) proceeds on settled commodity derivatives (1,000,000) 108,000,000 111,000,000 (228,000,000)
Net gain on early extinguishment of debt 0 (5,000,000) (126,000,000) (57,000,000)
Amortization of deferred gain 0 (39,000,000) (70,000,000) (76,000,000)
Gain on asset divestitures 0 0 0 (5,000,000)
Other non-cash charges to income, net 27,000,000 60,000,000 131,000,000 97,000,000
Reorganization items, net (non-cash) 0 (4,128,000,000) 0 0
Reorganization items, net (debtor-in-possession financing costs) 0 25,000,000 0 0
Dry hole expenses 0 0 7,000,000 16,000,000
Changes in operating assets and liabilities, net:        
(Increase) decrease in trade receivables (28,000,000) 128,000,000 22,000,000 (23,000,000)
Decrease (increase) in inventories 1,000,000 (1,000,000) 0 (6,000,000)
Decrease (increase) in other current assets 6,000,000 2,000,000 (1,000,000) (9,000,000)
Decrease in accounts payable and accrued liabilities (67,000,000) (1,000,000) (27,000,000) (178,000,000)
Net cash (used) provided by operating activities (12,000,000) 118,000,000 676,000,000 461,000,000
CASH FLOW FROM INVESTING ACTIVITIES        
Capital investments (7,000,000) (40,000,000) (455,000,000) (690,000,000)
Changes in capital investment accruals (1,000,000) (24,000,000) (85,000,000) 69,000,000
Asset divestitures 0 41,000,000 164,000,000 18,000,000
Acquisitions 0 0 (6,000,000) (547,000,000)
Other 1,000,000 (7,000,000) (12,000,000) (6,000,000)
Net cash used in investing activities (7,000,000) (30,000,000) (394,000,000) (1,156,000,000)
CASH FLOW FROM FINANCING ACTIVITIES        
Proceeds from debtor-in-possession facilities 0 802,000,000 0 0
Repayments of debtor-in-possession facilities 0 (802,000,000) 0 0
Proceeds from Second Lien Term Loan 0 200,000,000 0 0
Debtor-in-possession financing costs 0 (25,000,000) 0 0
Debt repurchases 0 (3,000,000) (156,000,000) (199,000,000)
Debt issuance costs 0 (20,000,000) (2,000,000) (4,000,000)
Payoff of the 2020 Senior Notes 0 (100,000,000) 0 0
Contributions from noncontrolling interest holders, net 0 0 49,000,000 796,000,000
Distributions to noncontrolling interest holders (30,000,000) (104,000,000) (151,000,000) (121,000,000)
Acquisition of noncontrolling interest in connection with the Plan 0 (2,000,000) 0 0
Issuance of common stock 0 446,000,000 4,000,000 54,000,000
Shares cancelled for taxes 0 (1,000,000) (3,000,000) (11,000,000)
Net cash (used) provided by financing activities (156,000,000) 98,000,000 (282,000,000) 692,000,000
(Decrease) increase in cash (175,000,000) 186,000,000 0 (3,000,000)
Cash—beginning of period 203,000,000 17,000,000 17,000,000 20,000,000
Cash—end of period 28,000,000 203,000,000 17,000,000 17,000,000
2014 Revolving Credit Facility        
CASH FLOW FROM FINANCING ACTIVITIES        
Proceeds from lines of credit 0 797,000,000 2,330,000,000 2,823,000,000
Repayments of lines of credit 0 (1,315,000,000) (2,353,000,000) (2,646,000,000)
Revolving Credit Facility        
CASH FLOW FROM FINANCING ACTIVITIES        
Proceeds from lines of credit 82,000,000 225,000,000 0 0
Repayments of lines of credit $ (208,000,000) $ 0 $ 0 $ 0