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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued) CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS YEAR ENDED DECEMBER 31, 2013 ($ in millions)

Parent

REVENUES: Oil, natural gas and NGL......................... Marketing, gathering and compression ... Oilfield services ....................................... Total Revenues............................... OPERATING EXPENSES: Oil, natural gas and NGL production ....... Oil, natural gas and NGL gathering, processing and transportation.............. Production taxes ..................................... Marketing, gathering and compression ... Oilfield services ....................................... General and administrative ..................... Restructuring and other termination costs .................................................... Oil, natural gas and NGL depreciation, depletion and amortization................... Depreciation and amortization of other assets .................................................. Impairment of oil and natural gas properties ............................................. Impairments of fixed assets and other .... Net gains on sales of fixed assets........... Total Operating Expenses .............. INCOME (LOSS) FROM OPERATIONS..... OTHER INCOME (EXPENSE): Interest expense ..................................... Losses on investments ........................... Impairments of investments .................... Net loss on sales of investments............. Losses on purchases or exchanges of debt ...................................................... Other income (expense)........................... Equity in net earnings (losses) of subsidiary ............................................ Total Other Income (Expense)........ INCOME (LOSS) BEFORE INCOME TAXES ..................................................... INCOME TAX EXPENSE (BENEFIT) ......... NET INCOME (LOSS)................................. Net income attributable to noncontrolling interests ........................ NET INCOME (LOSS) ATTRIBUTABLE TO CHESAPEAKE .................................. Other comprehensive income (loss) ....... COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CHESAPEAKE......

$

— — — —

Guarantor Subsidiaries

NonGuarantor Subsidiaries

Eliminations

$

$

$

553 12 1,836 2,401

60 $ — (1,162) (1,102)

8,626 9,559 895 19,080

1,159

1,112

47

— — — — —

1,574 222 9,455 239 375

— 7 6 1,434 83

244

4

248

2,336

253

2,589

180

281

— — — — —

$

8,013 9,547 221 17,781

Consolidated

— — — (937) (1)

(147)

314

(2) 417 (301) 15,851 1,930

313 129 (1) 2,556 (155)

(921) — — —

(4) (216) (9) (7)

(85) — (1) —

(70) 3,979

(123) (603)

— 13

— (3,363)

(193) 26

(1,129) 1,859

(383) (1,345)

— (73)

1,512 (1,068)

— (627)

(228) (87) (141)

(774) (869) 95

1,859 1,135 724

585 369 216

724 3

216 19

727

$

149

235

$

(311) — — (1,396) 294

1,574 229 9,461 736 457

783 — — —

— 546 (302) 17,011 2,069 (227) (216) (10) (7)

1,442 548 894

(170)

(170)

(141) (2)

(75) —

724 20

(143) $

(75) $

744

Profile for Chesapeake Energy

2015 Annual Report  

2015 Annual Report