Page 151

CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued) CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2014 ($ in millions) Guarantor Subsidiaries

Parent

CURRENT ASSETS: Cash and cash equivalents ................. Restricted cash ................................... Other current assets............................ Intercompany receivable, net .............. Total Current Assets ................... PROPERTY AND EQUIPMENT: Oil and natural gas properties, at cost based on full cost accounting, net.... Other property and equipment, net ..... Property and equipment held for sale, net .............................. Total Property and Equipment, Net........................................... LONG-TERM ASSETS: Other long-term assets........................ Investments in subsidiaries and intercompany advances ................... TOTAL ASSETS ..................................... CURRENT LIABILITIES: Current liabilities ................................. Intercompany payable, net .................. Total Current Liabilities ............... LONG-TERM LIABILITIES: Long-term debt, net ............................. Deferred income tax liabilities ............. Other long-term liabilities .................... Total Long-Term Liabilities.......... EQUITY: Chesapeake stockholders’ equity........ Noncontrolling interests....................... Total Equity................................. TOTAL LIABILITIES AND EQUITY........

$ 4,100 — 55

2

Eliminations

$

$

Consolidated

24,527 28,682

— 3,176

84 38 93 341 556

— —

28,358 2,276

1,112 3

673 —

30,143 2,279

93

93

30,727

1,115

673

32,515

153

618

26

126 $ 28,961

$

467 34,988

— 1,697

$

$

761 —

$

NonGuarantor Subsidiaries

— 3,174

4,915 24,940 29,855

761 11,154 31 112 11,297 16,903 — 16,903 $ 28,961

$

146

$

$

58 — 58

— 3,917 1,090 5,007

— 244 142 386

126 — 126 34,988

1,253 — 1,253 1,697

$

(78) $ — — (24,868) (24,946)

4,108 38 3,322 — 7,468

(29)

$

$

$

768

(593) (24,895) $

— 40,751

(78) $ (24,940) (25,018)

5,656 — 5,656

— 200 — 200

11,154 4,392 1,344 16,890

(1,379) 1,302 (77) (24,895) $

16,903 1,302 18,205 40,751

Profile for Chesapeake Energy

2015 Annual Report  

2015 Annual Report