Chesapeake Energy 2013 Annual Report Download - page 147

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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
139
statements of operations related to oilfield services performed for Chesapeake-operated wells. The following table
presents selected financial information for Chesapeake’s operating segments:
Exploration
and
Production
Marketing,
Gathering
and
Compression Oilfield
Services Other Intercompany
Eliminations Consolidated
Total
($ in millions)
Year Ended
December 31, 2013:
Revenues ......................... $ 7,052 $ 17,129 $ 2,188 $ 29 $ (8,892) $ 17,506
Intersegment revenues..... (7,570) (1,309) (13) 8,892
Total revenues........... $ 7,052 $ 9,559 $ 879 $ 16 $ — $ 17,506
Unrealized gains on
commodity derivatives... (228) — — (228)
Natural gas, oil, NGL and
other depreciation,
depletion and
amortization .................. 2,674 46 289 49 (155) 2,903
(Gains) losses on sales of
fixed assets .................. 2 (329) (1) 26 (302)
Impairments of fixed
assets and other ........... 27 50 75 394 546
Interest expense ............... (918) (24) (82) (74) 871 (227)
Earnings (losses) on
investments................... 3 (1) (229) 1 (226)
Losses on sales of
investments................... — — (7) (7)
Losses on purchases of
debt and
extinguishment of other
financing ....................... (193) — — (193)
Income (Loss) Before
Income Taxes .............. $ 2,997 $ 511 $ (51) $ (727) $ (1,288) 1,442
Total Assets .................... $ 35,341 $ 2,430 $ 2,018 $ 5,750 $ (3,757) $ 41,782
Capital Expenditures...... $ 6,198 $ 299 $ 272 $ 421 $ — $ 7,190