Page 142

CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)

Exploration and Production

Marketing, Gathering and Compression

Former Oilfield Services

Other

Intercompany Eliminations

Consolidated Total

$

$

12,764

($ in millions) Year Ended December 31, 2015 Revenues .........................

$

5,391

Total revenues ...........

$

5,391

$

7,373

$

$

$

$

12,764

Unrealized losses on commodity derivatives...

$

693

$

$

$

$

$

693

Unrealized gains on marketing derivatives ....

$

$

(295)

$

$

$

$

(295)

Oil, natural gas, NGL and other depreciation, depletion and amortization ..................

$

2,170

$

20

$

$

39

$

$

2,229

Impairment of oil and natural gas properties ...

$

18,238

$

$

$

$

$

18,238

Impairments of fixed assets and other ...........

$

126

$

68

$

$

$

$

194

Net gain (loss) on sales of fixed assets ..................

$

1

$

1

$

$

2

$

$

Interest expense ...............

$

(925)

$

(4)

$

$

6

$

606

$

(317)

Losses on investments .....

$

(3)

$

$

$

(93)

$

$

(96)

Impairments of investments ...................

$

$

$

$

(53)

$

$

(53)

Gains on purchases or exchanges of debt .........

$

279

$

$

— —

$

$

$

279

Income (Loss) Before Income Taxes ..............

$

(19,619)

$

117

$

$

$

531

$

(19,098)

Total Assets (as previously reported)

$

11,776

$

1,524

$

$

4,325

$

(311)

$

17,314

Total Assets (as revised) ...................

$

14,610

$

1,524

$

$

1,491

$

(311)

$

17,314

Capital Expenditures ......

$

3,562

$

42

$

$

10

$

$

3,614

Intersegment revenues .....

$

11,745

$

(4,372)

$

138

— —

(127)

(4,372) 4,372

4

Profile for Chesapeake Energy

2016 Annual Report  

2016 Annual Report