Chesapeake energy corporation (CHK)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
CURRENT ASSETS:
Cash and Cash Equivalents, at Carrying Value

82

6

14

4

8

4

4

3

4

5

5

13

249

882

4

4

16

825

1,759

2,051

2,907

4,108

90

1,462

1,004

837

987

677

33

287

142

1,024

438

351

111

109

849

102

609

601

516

307

520

554

1,749

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

38

38

38

38

75

75

75

75

81

81

111

156

224

81

44

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

762

990

977

1,021

1,196

1,247

1,051

1,060

1,082

1,322

992

1,019

943

1,057

893

952

937

1,129

1,275

1,501

1,643

2,236

2,447

2,310

2,593

2,222

2,440

2,417

2,382

2,245

2,291

2,123

2,596

2,505

2,737

2,708

2,317

1,974

1,454

1,359

1,419

1,325

1,298

1,122

1,324

Short-term derivative assets

884

134

272

224

25

209

0

0

3

27

28

71

1

0

0

30

350

366

342

387

612

879

100

1

2

0

11

50

5

58

31

112

47

13

5

169

264

947

1,087

965

1,297

692

538

1,133

1,082

Deferred income tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

129

205

243

223

185

71

216

90

692

785

632

139

474

15

2

139

-

-

-

24

-

-

0

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58

Other current assets

90

121

140

135

136

138

180

177

135

171

153

144

167

203

170

218

189

160

203

254

198

207

325

317

358

299

296

294

156

153

188

149

130

125

143

125

112

104

123

93

103

98

152

139

79

Current assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

11

4

111

99

-

0

-

-

-

-

-

-

-

-

-

-

-

Total Current Assets

1,818

1,251

1,403

1,384

1,365

1,598

1,235

1,240

1,224

1,525

1,178

1,247

1,360

2,142

1,067

1,204

1,492

2,480

3,579

4,231

5,398

7,468

3,129

4,370

4,275

3,656

3,994

3,592

2,884

2,948

3,611

4,516

3,924

3,177

3,470

3,126

3,544

3,266

3,273

3,018

3,335

2,446

2,508

2,948

4,292

PROPERTY AND EQUIPMENT:
Oil and natural gas properties, at cost based on successful efforts accounting:
Proved Oil and Gas Property, Successful Effort Method

31,251

30,765

30,288

29,675

29,259

25,407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unproved properties

1,870

2,173

2,200

2,210

2,262

1,561

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized Costs, Proved Properties

-

-

-

-

-

-

70,620

69,976

69,284

68,858

68,095

67,419

66,847

66,451

65,977

64,547

64,305

63,843

62,941

62,161

60,769

58,594

60,260

58,914

57,399

56,157

55,175

53,609

51,918

50,172

51,014

46,773

43,589

41,723

39,955

38,318

36,943

38,952

37,391

36,576

35,720

35,007

33,513

33,886

28,965

Capitalized Costs of Unproved Properties Excluded from Amortization, Cumulative

-

-

-

-

-

-

3,198

3,226

3,326

3,484

3,838

4,096

4,110

4,802

5,198

6,172

6,612

6,798

7,185

8,625

9,129

9,788

11,513

11,389

11,672

12,013

12,282

13,166

14,626

14,755

15,254

17,063

17,644

16,685

16,421

14,941

14,200

14,469

12,706

11,678

10,118

10,005

9,708

9,465

11,379

Total natural gas and oil properties, at cost based on full-cost accounting

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,865

23,396

21,315

-

20,732

21,152

28,478

Natural gas gathering systems and treating plants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

2,034

1,455

1,836

1,452

1,379

1,545

1,837

1,699

1,590

3,516

3,307

3,256

2,717

Buildings and land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,751

1,711

1,674

-

1,656

1,618

1,513

Oilfield services equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,239

2,192

2,179

2,243

2,261

2,130

1,972

1,844

1,646

1,632

-

-

-

921

763

752

723

-

610

556

430

Natural gas compressors

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

284

273

351

-

301

248

184

Other property and equipment

1,812

1,810

1,810

1,808

1,798

1,721

1,812

1,822

1,869

1,986

2,004

2,020

2,045

2,053

2,096

2,631

2,749

2,927

2,935

3,038

3,094

3,083

3,127

3,150

3,429

3,203

3,360

3,589

3,797

3,778

3,629

3,418

3,591

3,555

4,531

4,461

3,885

2,805

649

607

568

3,235

538

522

482

Total Property and Equipment, at Cost

34,933

34,748

34,298

33,693

33,319

28,689

75,630

75,024

74,479

74,328

73,937

73,535

73,002

73,306

73,271

73,350

73,666

73,568

73,061

73,824

72,992

71,465

74,900

73,453

74,739

73,565

72,996

72,607

72,602

70,835

71,869

69,098

68,504

65,050

62,743

59,172

56,407

58,692

-

-

-

51,763

-

-

-

Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment

29,110

20,002

19,432

18,860

18,396

17,886

64,500

64,185

63,903

63,664

63,375

63,138

62,934

62,726

62,296

61,757

60,506

59,365

56,196

50,302

44,700

39,043

38,349

37,689

37,844

37,161

36,472

35,769

35,043

34,302

33,573

29,431

28,888

28,290

-

-

-

26,314

669

608

566

-

766

616

496

Property and equipment held for sale, net

10

10

10

12

16

15

47

11

16

16

18

21

13

29

76

92

131

95

94

93

93

93

101

247

627

730

597

511

588

634

2,307

2,207

-

0

-

-

-

-

-

-

-

-

-

-

-

Less: accumulated depreciation, depletion and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,605

27,120

26,698

-

25,232

24,858

24,523

25,053

22,489

22,199

11,866

Total other property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,615

4,434

4,340

-

5,646

5,584

4,830

Total Property and Equipment, Net

5,833

14,756

14,876

14,845

14,939

10,818

11,177

10,850

10,592

10,680

10,580

10,418

10,081

10,609

11,051

11,685

13,291

14,298

16,959

23,615

28,385

32,515

36,652

36,011

37,522

37,134

37,121

37,349

38,147

37,167

40,603

41,874

39,616

36,760

35,138

32,052

29,709

32,378

29,480

27,830

25,655

26,710

26,378

26,736

33,308

LONG-TERM ASSETS:
Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

225

255

268

265

254

264

288

477

615

636

711

728

647

544

1,618

1,531

1,166

1,105

1,228

1,208

1,189

1,047

1,005

404

422

394

444

Long-term derivative assets

-

-

51

63

48

76

-

-

-

0

-

14

7

-

0

250

263

246

257

186

0

6

14

7

11

4

2

7

2

2

6

8

-

0

-

7

-

-

29

10

15

60

89

88

261

Other long-term assets

157

186

249

248

285

243

247

251

270

220

223

241

251

277

405

348

311

290

266

311

322

497

469

475

509

511

556

561

737

766

681

511

431

367

348

366

319

327

362

264

278

294

322

303

288

Long-term assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123

73

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Other Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,514

1,478

1,547

-

1,580

1,321

1,298

758

833

785

993

TOTAL ASSETS

7,808

16,193

16,579

16,540

16,637

12,735

12,659

12,341

12,086

12,425

11,981

11,920

11,699

13,028

12,523

13,487

15,357

17,314

21,286

28,598

34,373

40,751

40,518

41,127

42,605

41,782

42,288

42,145

42,481

41,611

45,671

47,526

45,589

41,835

40,122

36,656

34,800

37,179

34,333

32,169

30,288

29,914

29,719

30,469

38,593

CURRENT LIABILITIES:
Accounts payable

552

498

526

611

751

763

670

742

657

654

678

718

678

672

660

702

723

944

1,070

1,284

1,630

2,049

2,258

1,930

1,786

1,596

1,730

1,787

1,909

1,710

2,357

2,552

2,854

3,311

2,844

2,600

2,227

2,069

1,773

1,564

1,296

957

932

971

1,611

Current maturities of long-term debt, net

420

385

208

0

380

381

432

432

52

52

0

3

15

503

656

1,028

343

381

893

889

885

381

-

-

316

0

0

0

0

463

463

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

4

-

-

1

0

108

Revenues and royalties due others

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

650

575

637

-

392

371

431

Accrued interest

136

75

124

157

147

141

126

125

139

137

135

137

140

113

137

100

137

101

137

153

137

150

138

152

145

200

153

212

144

226

213

244

137

183

106

180

123

191

122

188

152

218

151

220

167

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,171

970

812

-

838

983

880

Deferred income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59

126

214

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

379

337

212

-

172

401

358

Short-term derivative liabilities

0

2

0

22

61

3

310

297

149

58

8

3

157

562

160

315

86

40

24

27

26

15

71

417

417

208

170

54

424

105

150

106

253

191

136

133

216

15

26

17

14

27

28

28

66

Other Liabilities, Current

1,152

1,432

1,490

1,430

1,591

1,599

1,438

1,277

1,357

1,455

1,397

1,297

1,798

1,798

1,993

1,632

1,544

2,219

2,374

2,649

2,474

3,061

3,135

3,293

3,294

3,511

3,625

3,549

3,288

3,741

3,097

3,163

3,420

3,397

3,109

2,815

2,103

2,215

-

-

-

1,486

-

-

-

Current liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

18

20

21

176

194

-

0

-

-

-

-

-

-

-

-

-

-

-

Total Current Liabilities

2,260

2,392

2,348

2,220

2,930

2,887

2,976

2,873

2,354

2,356

2,218

2,158

2,788

3,648

3,606

3,777

2,833

3,685

4,557

5,128

5,366

5,656

5,602

5,792

5,958

5,515

5,678

5,620

5,785

6,266

6,456

6,259

6,664

7,082

6,195

5,728

4,669

4,490

4,123

3,655

3,123

2,688

2,514

2,974

3,621

LONG-TERM LIABILITIES:
Long-term debt, net

9,163

9,073

9,133

9,701

9,167

7,341

9,380

9,238

9,325

9,921

9,899

9,850

9,509

9,938

9,022

8,621

10,062

10,311

10,674

10,655

10,623

11,154

11,592

11,549

12,653

12,886

12,736

13,057

13,449

12,157

15,755

14,329

13,082

10,626

11,789

10,047

9,915

12,640

11,445

10,501

12,204

12,295

12,073

13,568

13,175

Deferred income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

574

1,408

2,817

4,392

4,285

3,773

3,828

3,407

3,423

3,260

3,021

2,807

3,418

4,783

3,984

3,484

3,524

2,482

2,115

2,384

1,839

1,546

1,295

1,059

1,316

906

4,200

Long-term derivative liabilities

22

2

-

3

15

0

28

21

6

4

11

1

1

15

17

41

12

60

106

155

191

218

294

389

395

445

519

546

693

934

999

1,042

1,605

1,541

1,502

2,138

2,380

1,693

967

972

699

787

256

322

111

Asset retirement obligations, net of current portion

206

200

177

181

177

155

154

149

153

162

197

221

236

247

403

400

453

452

442

460

452

447

427

431

443

405

404

389

387

375

353

341

335

323

313

305

302

301

291

285

283

282

282

279

269

Revenues and royalties due others

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

82

78

-

-

-

49

Other Liabilities, Noncurrent

81

125

186

205

210

219

160

177

345

354

360

374

368

383

407

419

426

409

387

549

551

679

687

868

851

984

1,180

1,069

1,132

1,176

997

982

1,025

818

501

473

424

407

320

313

390

462

449

418

151

Long-term liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Long-Term Liabilities

9,472

9,400

9,496

10,090

9,569

7,715

9,722

9,585

9,829

10,441

10,467

10,446

10,114

10,583

9,849

9,481

10,953

11,232

12,183

13,227

14,634

16,890

17,285

17,010

18,170

18,127

18,262

18,321

18,682

17,449

21,524

21,479

20,031

16,792

17,629

15,445

15,136

17,425

14,937

13,699

14,949

14,885

14,376

15,493

17,955

CONTINGENCIES AND COMMITMENTS (Note 5)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

-

-

-

-

0

-

EQUITY:
Chesapeake Stockholders’ Equity:
Preferred stock, $0.01 par value, 20,000,000 shares authorized 5,563,458 shares outstanding

1,631

1,631

1,631

1,671

1,671

1,671

1,671

1,671

1,671

1,671

1,671

1,671

1,671

1,771

3,036

3,036

3,036

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,062

3,065

3,065

3,065

-

-

-

466

-

-

-

Common stock, $0.01 par value, 22,500,000 and 15,000,000 shares authorized: 9,783,773 and 9,772,793 shares issued(a)

0

0

19

16

16

9

9

9

9

9

9

9

9

9

8

8

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

6

6

6

6

Additional paid-in capital(a)

16,920

16,973

16,975

16,380

16,392

14,378

14,394

14,408

14,419

14,437

14,449

14,458

14,439

14,486

12,923

12,930

12,521

12,403

12,385

12,420

12,436

12,531

12,495

12,495

12,459

12,446

12,443

12,383

12,355

12,293

12,246

12,226

12,176

12,146

12,128

12,125

12,161

12,194

12,138

12,096

12,160

12,146

11,981

12,032

11,680

Accumulated deficit

-22,517

-14,220

-13,896

-13,835

-13,933

-13,912

-16,173

-16,257

-16,240

-16,525

-16,987

-16,969

-17,463

-17,474

-17,028

-15,873

-14,123

-13,202

-11,017

-6,364

-2,256

1,483

945

833

1,012

688

905

805

495

437

241

2,352

1,481

1,608

1,234

411

-

190

57

-410

-665

-1,261

-737

-929

4,569

Accumulated Other Comprehensive Income (Loss), Net of Tax

21

12

3

-5

-13

-23

-32

-40

-47

-57

-67

-75

-82

-96

-101

-104

-99

-99

-119

-131

-134

-143

-151

-154

-153

-162

-169

-170

-170

-182

-188

-181

-159

-166

-106

-99

-212

-168

25

75

265

102

274

438

267

Less: treasury stock, at cost; 0 and 26,224 common shares

0

32

36

36

36

31

31

31

32

31

32

32

33

27

29

29

31

33

36

36

37

37

38

41

46

46

52

52

49

48

41

39

36

33

27

26

26

24

19

18

17

15

12

11

10

Total Chesapeake Stockholders’ Equity (Deficit)

-3,945

4,364

4,696

4,191

4,097

2,092

-162

-240

-220

-496

-957

-938

-1,459

-1,331

-1,191

-32

1,311

2,138

4,282

8,958

13,078

16,903

16,320

16,202

16,341

15,995

16,196

16,035

15,700

15,569

15,327

17,427

16,531

16,624

-

-

-

15,264

15,273

14,815

12,216

11,444

11,978

12,002

17,017

Noncontrolling interests

21

37

39

39

41

41

123

123

123

124

253

254

256

128

259

261

260

259

264

1,285

1,295

1,302

1,311

2,123

2,136

2,145

2,152

2,169

2,314

2,327

2,364

2,361

2,363

1,337

-

-

-

-

-

-

-

897

851

-

0

Total Equity (Deficit)

-3,924

4,401

4,735

4,230

4,138

2,133

-39

-117

-97

-372

-704

-684

-1,203

-1,203

-932

229

1,571

2,397

4,546

10,243

14,373

18,205

17,631

18,325

18,477

18,140

18,348

18,204

18,014

17,896

17,691

19,788

18,894

17,961

16,298

15,483

14,995

15,264

15,273

14,815

12,216

12,341

12,829

-

17,017

TOTAL LIABILITIES AND EQUITY

7,808

16,193

16,579

16,540

16,637

12,735

12,659

12,341

12,086

12,425

11,981

11,920

11,699

13,028

12,523

13,487

15,357

17,314

21,286

28,598

34,373

40,751

40,518

41,127

42,605

41,782

42,288

42,145

42,481

41,611

45,671

47,526

45,589

41,835

40,122

36,656

34,800

37,179

34,333

32,169

30,288

29,914

29,719

30,469

38,593