$OVV
Ovintiv Inc.

2019 Q1 Form 10-K Financial Statement

#000156459020005663 Filed on February 21, 2020

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q4 2018 Q3
Revenue $1.235B $2.381B $1.262B
YoY Change -5.94% 96.78% 46.57%
Cost Of Revenue $476.0M $454.0M $443.0M
YoY Change 13.6% 18.23% 22.71%
Gross Profit $759.0M $1.927B $819.0M
YoY Change -15.1% 133.29% 63.8%
Gross Profit Margin 61.46% 80.93% 64.9%
Selling, General & Admin $487.0M $153.0M $343.0M
YoY Change 77.74% -51.27% 20.35%
% of Gross Profit 64.16% 7.94% 41.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $377.0M $348.0M $349.0M
YoY Change 37.09% 43.21% 66.19%
% of Gross Profit 49.67% 18.06% 42.61%
Operating Expenses $1.462B $573.0M $700.0M
YoY Change 162.48% 1.6% 38.89%
Operating Profit -$227.0M $1.354B $119.0M
YoY Change -167.36% 416.79% -3075.0%
Interest Expense $87.00M -$146.0M -$53.00M
YoY Change -152.1% 55.32% -142.4%
% of Operating Profit -10.78% -44.54%
Other Income/Expense, Net -$28.00M -$30.00M -$21.00M
YoY Change 115.38% 50.0% 320.0%
Pretax Income -$306.0M $1.179B $45.00M
YoY Change -291.25% 702.04% -91.38%
Income Tax -$61.00M $149.0M $6.000M
% Of Pretax Income 12.64% 13.33%
Net Earnings -$245.0M $1.030B $39.00M
YoY Change -262.25% -549.78% -86.73%
Net Earnings / Revenue -19.84% 43.26% 3.09%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.003M $5.407M $204.2K
COMMON SHARES
Basic Shares Outstanding 244.3
Diluted Shares Outstanding 244.3

Balance Sheet

Concept 2019 Q1 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $479.0M $1.058B $615.0M
YoY Change 10.62% 47.15% -30.82%
Cash & Equivalents $534.0M $1.058B $615.0M
Short-Term Investments
Other Short-Term Assets $187.0M $44.00M $146.0M
YoY Change -17.26% -78.54% 36.45%
Inventory
Prepaid Expenses $15.00M
Receivables $1.121B $789.0M $835.0M
Other Receivables $315.0M $275.0M $290.0M
Total Short-Term Assets $2.102B $2.676B $1.886B
YoY Change 7.68% 17.83% -14.66%
LONG-TERM ASSETS
Property, Plant & Equipment $7.839B $8.972B $9.533B
YoY Change -14.02% 0.2% 9.65%
Goodwill $2.553B
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.162B $147.0M $1.311B
YoY Change -19.86% -89.74% -20.4%
Total Long-Term Assets $13.10B $12.67B $13.43B
YoY Change -0.47% -2.52% 3.69%
TOTAL ASSETS
Total Short-Term Assets $2.102B $2.676B $1.886B
Total Long-Term Assets $13.10B $12.67B $13.43B
Total Assets $15.20B $15.34B $15.32B
YoY Change 0.58% 0.5% 1.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.156B $1.490B $1.751B
YoY Change 50.56% 5.3% 29.99%
Accrued Expenses $92.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $500.0M $500.0M $500.0M
YoY Change
Total Short-Term Liabilities $2.071B $2.016B $2.702B
YoY Change 22.91% 21.59% 97.23%
LONG-TERM LIABILITIES
Long-Term Debt $6.488B $3.698B $3.931B
YoY Change 45.05% -17.68% -12.88%
Other Long-Term Liabilities $545.0M $1.769B $2.158B
YoY Change -74.57% -24.88% -5.52%
Total Long-Term Liabilities $545.0M $5.467B $6.089B
YoY Change -91.76% -20.15% -10.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.071B $2.016B $2.702B
Total Long-Term Liabilities $545.0M $5.467B $6.089B
Total Liabilities $7.676B $7.897B $8.824B
YoY Change -7.9% -7.52% 7.62%
SHAREHOLDERS EQUITY
Retained Earnings $510.0M $435.0M
YoY Change
Common Stock $6.014B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.36B $7.447B $6.494B
YoY Change
Total Liabilities & Shareholders Equity $15.20B $15.34B $15.32B
YoY Change 0.58% 0.5% 1.02%

Cashflow Statement

Concept 2019 Q1 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income -$245.0M $1.030B $39.00M
YoY Change -262.25% -549.78% -86.73%
Depreciation, Depletion And Amortization $377.0M $348.0M $349.0M
YoY Change 37.09% 43.21% 66.19%
Cash From Operating Activities $529.0M $559.0M $885.0M
YoY Change 38.85% 51.49% 147.9%
INVESTING ACTIVITIES
Capital Expenditures $736.0M -$349.0M -$523.0M
YoY Change -244.88% -31.43% 10.57%
Acquisitions -$94.00M
YoY Change
Other Investing Activities -$54.00M $276.0M $1.000M
YoY Change 575.0% 4500.0% -99.84%
Cash From Investing Activities -$608.0M -$73.00M -$522.0M
YoY Change 17.83% -85.49% -418.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $400.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -448.0M -35.00M -87.00M
YoY Change 202.7% 0.0% 148.57%
NET CHANGE
Cash From Operating Activities 529.0M 559.0M 885.0M
Cash From Investing Activities -608.0M -73.00M -522.0M
Cash From Financing Activities -448.0M -35.00M -87.00M
Net Change In Cash -524.0M 451.0M 276.0M
YoY Change 85.16% -366.86% -43.21%
FREE CASH FLOW
Cash From Operating Activities $529.0M $559.0M $885.0M
Capital Expenditures $736.0M -$349.0M -$523.0M
Free Cash Flow -$207.0M $908.0M $1.408B
YoY Change -123.28% 3.42% 69.64%

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<div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:5.77%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">E)</span></p></td> <td valign="top"> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">USE OF ESTIMATES</p></td></tr></table></div> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Preparation of the Consolidated Financial Statements in conformity with U.S. GAAP requires Management to make informed estimates and assumptions and use judgments that affect reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the period. Such estimates primarily relate to unsettled transactions and events as of the date of the Consolidated Financial Statements. Accordingly, actual results may differ from estimated amounts as future events occur.</p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Significant items subject to estimates and assumptions are:</p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Estimates of proved reserves used for depletion and ceiling test impairment calculations</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Estimated fair value of long-term assets used for impairment calculations</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Fair value of reporting units used for the assessment of goodwill</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Estimates of future taxable earnings used to assess the realizable value of deferred tax assets</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Estimates of incremental borrowing rates and lease terms used in the measurement of right-of-use (“ROU”) assets and lease liabilities</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-top:0pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-top:0pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Fair value of asset retirement costs and related obligations</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Fair value of derivative instruments</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Fair value attributed to assets acquired and liabilities assumed in business combinations</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Tax interpretations, regulations and legislation in the various jurisdictions in which the Company and its subsidiaries operate</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Accruals for long-term performance-based compensation arrangements, including whether or not the performance criteria will be met and measurement of the ultimate payout amount</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Recognized values of pension assets and obligations, as well as the pension costs charged to net earnings, depend on certain actuarial and economic assumptions</span></p></td></tr></table></div> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"> </p></td> <td style="width:3.85%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:'Times New Roman';font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">•</span></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:'Times New Roman';font-size:10pt;"><span style="font-family:Times New Roman;">Accruals for legal claims, environmental risks and exposures</span></p></td></tr></table></div>
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165000000
CY2019Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
40000000
CY2018Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
131000000
CY2019Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
38000000
CY2018Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
34000000
CY2018Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
165000000
CY2017Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
327000000
CY2018 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-93000000
CY2019Q4 ovv Liability For Unvested Cash Settled Share Based Payment Transactions
LiabilityForUnvestedCashSettledShareBasedPaymentTransactions
65000000
CY2018Q4 ovv Liability For Unvested Cash Settled Share Based Payment Transactions
LiabilityForUnvestedCashSettledShareBasedPaymentTransactions
148000000
CY2017Q4 ovv Liability For Unvested Cash Settled Share Based Payment Transactions
LiabilityForUnvestedCashSettledShareBasedPaymentTransactions
274000000
CY2019Q4 ovv Liability For Vested Cash Settled Share Based Payment Transactions
LiabilityForVestedCashSettledShareBasedPaymentTransactions
13000000
CY2018Q4 ovv Liability For Vested Cash Settled Share Based Payment Transactions
LiabilityForVestedCashSettledShareBasedPaymentTransactions
17000000
CY2017Q4 ovv Liability For Vested Cash Settled Share Based Payment Transactions
LiabilityForVestedCashSettledShareBasedPaymentTransactions
53000000
CY2019Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
78000000
CY2019 ovv Average Remaining Life Expectancy Of Inactive Employees In Defined Benefit Plan In Years
AverageRemainingLifeExpectancyOfInactiveEmployeesInDefinedBenefitPlanInYears
P13Y
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
295000000
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
267000000
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
2000000
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
3000000
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
3000000
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
6000000
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
200000000
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
182000000
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0375
CY2019Q4 us-gaap Defined Benefit Plan Expected Amortization Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationNextFiscalYear
8000000
CY2019Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0661
CY2018Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0699
CY2017Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0698
CY2019Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.0500
CY2018Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.0500
CY2017Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.0500
CY2019 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2026
CY2018 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2026
CY2017 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2025
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
2000000
CY2018Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
139000000
CY2017Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-51000000
CY2019 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-123000000
CY2018 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
97000000
CY2019 ovv Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales And Issuances
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchasesSalesAndIssuances
0
CY2018 ovv Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales And Issuances
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchasesSalesAndIssuances
0
CY2019 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
68000000
CY2019 ovv Settlement Of Other Derivative Contracts
SettlementOfOtherDerivativeContracts
6000000
CY2019 ovv Amortization Of Option Premiums During Period
AmortizationOfOptionPremiumsDuringPeriod
-5000000
CY2019 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
372000000
CY2019 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
372000000
CY2018 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-94000000
CY2017 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
51000000
CY2019Q4 ovv Risk Management And Other Derivative Guarantee At Fair Value Net Before Premiums
RiskManagementAndOtherDerivativeGuaranteeAtFairValueNetBeforePremiums
-41000000
CY2019 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-696000000
CY2018 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
468000000
CY2017 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
474000000
CY2019 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0
CY2018 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0
CY2019Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-52000000
CY2018Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
139000000
CY2019 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
-52000000
CY2018 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
139000000
CY2019Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
425000000
CY2019Q4 us-gaap Derivative Average Forward Exchange Rate1
DerivativeAverageForwardExchangeRate1
0.7483
CY2019Q4 ovv Net Premiums Paid Received On Unexpired Options
NetPremiumsPaidReceivedOnUnexpiredOptions
-9000000
CY2019Q4 ovv Guarantee Benefits And Obligations Current Carrying Value
GuaranteeBenefitsAndObligationsCurrentCarryingValue
-9000000
CY2019Q4 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
13000000
CY2019Q4 ovv Risk Management And Other Derivative Guarantee At Fair Value And Net Premium Received
RiskManagementAndOtherDerivativeGuaranteeAtFairValueAndNetPremiumReceived
-41000000
CY2019 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
372000000
CY2018 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-94000000
CY2017 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
51000000
CY2019 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-696000000
CY2018 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
468000000
CY2017 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
474000000
CY2019 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-324000000
CY2018 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
374000000
CY2017 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
525000000
CY2018Q4 ovv Risk Management And Other Derivative Guarantee At Fair Value Net
RiskManagementAndOtherDerivativeGuaranteeAtFairValueNet
654000000
CY2019Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
148000000
CY2018Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
554000000
CY2019Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
2000000
CY2018Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
161000000
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
150000000
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
715000000
CY2019Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
114000000
CY2018Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
25000000
CY2019Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
68000000
CY2018Q4 us-gaap Foreign Currency Cash Flow Hedge Asset At Fair Value
ForeignCurrencyCashFlowHedgeAssetAtFairValue
0
CY2018Q4 us-gaap Foreign Currency Cash Flow Hedge Liability At Fair Value
ForeignCurrencyCashFlowHedgeLiabilityAtFairValue
21000000
CY2019Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
9000000
CY2019Q4 ovv Guarantee Benefits And Obligations Current Carrying Value
GuaranteeBenefitsAndObligationsCurrentCarryingValue
-9000000
CY2018Q4 ovv Guarantee Benefit Current Carrying Value
GuaranteeBenefitCurrentCarryingValue
0
CY2018Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
14000000
CY2018Q4 ovv Guarantee Benefits And Obligations Current Carrying Value
GuaranteeBenefitsAndObligationsCurrentCarryingValue
-14000000
CY2019Q4 us-gaap Foreign Currency Cash Flow Hedge Asset At Fair Value
ForeignCurrencyCashFlowHedgeAssetAtFairValue
13000000
CY2019Q4 us-gaap Foreign Currency Cash Flow Hedge Liability At Fair Value
ForeignCurrencyCashFlowHedgeLiabilityAtFairValue
0
CY2019Q4 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
13000000
CY2018Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
22000000
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
182000000
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
47000000
CY2019Q4 ovv Risk Management And Other Derivative Guarantee At Fair Value Net
RiskManagementAndOtherDerivativeGuaranteeAtFairValueNet
-41000000
CY2018Q4 ovv Risk Management And Other Derivative Guarantee At Fair Value Net
RiskManagementAndOtherDerivativeGuaranteeAtFairValueNet
654000000
CY2019Q4 ovv Guarantee Benefit Current Carrying Value
GuaranteeBenefitCurrentCarryingValue
0
CY2018Q4 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
-21000000
CY2019Q4 ovv Risk Management And Other Derivative Guarantee Assets At Fair Value
RiskManagementAndOtherDerivativeGuaranteeAssetsAtFairValue
150000000
CY2019Q4 ovv Risk Management And Other Derivative Guarantee Liabilities At Fair Value
RiskManagementAndOtherDerivativeGuaranteeLiabilitiesAtFairValue
191000000
CY2019Q4 ovv Risk Management And Other Derivative Guarantee At Fair Value Net
RiskManagementAndOtherDerivativeGuaranteeAtFairValueNet
-41000000
CY2018Q4 ovv Risk Management And Other Derivative Guarantee Assets At Fair Value
RiskManagementAndOtherDerivativeGuaranteeAssetsAtFairValue
715000000
CY2018Q4 ovv Risk Management And Other Derivative Guarantee Liabilities At Fair Value
RiskManagementAndOtherDerivativeGuaranteeLiabilitiesAtFairValue
61000000
CY2018Q4 ovv Risk Management And Other Derivative Guarantee At Fair Value Net
RiskManagementAndOtherDerivativeGuaranteeAtFairValueNet
654000000
CY2019Q4 us-gaap Number Of Credit Risk Derivatives Held
NumberOfCreditRiskDerivativesHeld
0
CY2019Q4 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
0
CY2019 ovv Percent Of Accounts Receivable And Financial Derivative Credit Exposures With Investment Grade Counterparties
PercentOfAccountsReceivableAndFinancialDerivativeCreditExposuresWithInvestmentGradeCounterparties
0.95
CY2018 ovv Percent Of Accounts Receivable And Financial Derivative Credit Exposures With Investment Grade Counterparties
PercentOfAccountsReceivableAndFinancialDerivativeCreditExposuresWithInvestmentGradeCounterparties
0.97
CY2019Q4 ovv Number Of Counterparties With More Than Ten Percent Of Fair Value Of Outstanding Risk Management Contracts
NumberOfCounterpartiesWithMoreThanTenPercentOfFairValueOfOutstandingRiskManagementContracts
6
CY2018Q4 ovv Number Of Counterparties With More Than Ten Percent Of Fair Value Of Outstanding Risk Management Contracts
NumberOfCounterpartiesWithMoreThanTenPercentOfFairValueOfOutstandingRiskManagementContracts
4
CY2019 us-gaap Guarantee Obligations Term
GuaranteeObligationsTerm
two to five years
CY2019Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
9000000
CY2018Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
14000000
CY2019Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
129000000
CY2019 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-109000000
CY2018 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
150000000
CY2017 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
21000000
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-44000000
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
141000000
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-226000000
CY2019 ovv Increase Decrease In Current Portion Of Operating Lease Liabilities
IncreaseDecreaseInCurrentPortionOfOperatingLeaseLiabilities
49000000
CY2018 ovv Increase Decrease In Current Portion Of Operating Lease Liabilities
IncreaseDecreaseInCurrentPortionOfOperatingLeaseLiabilities
0
CY2017 ovv Increase Decrease In Current Portion Of Operating Lease Liabilities
IncreaseDecreaseInCurrentPortionOfOperatingLeaseLiabilities
0
CY2019 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-27000000
CY2018 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
254000000
CY2017 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-6000000
CY2019 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-87000000
CY2018 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-245000000
CY2017 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
253000000
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
15000000
CY2018 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
17000000
CY2017 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
11000000
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
47000000
CY2018 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-20000000
CY2017 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
88000000
CY2019 ovv Increase Decrease In Property Plant And Equipment Accruals
IncreaseDecreaseInPropertyPlantAndEquipmentAccruals
-78000000
CY2018 ovv Increase Decrease In Property Plant And Equipment Accruals
IncreaseDecreaseInPropertyPlantAndEquipmentAccruals
-16000000
CY2017 ovv Increase Decrease In Property Plant And Equipment Accruals
IncreaseDecreaseInPropertyPlantAndEquipmentAccruals
19000000
CY2019 ovv Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Non Cash Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedNonCashAmount
-27000000
CY2018 ovv Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Non Cash Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedNonCashAmount
-47000000
CY2017 ovv Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Non Cash Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedNonCashAmount
55000000
CY2019 us-gaap Contribution Of Property
ContributionOfProperty
159000000
CY2018 us-gaap Contribution Of Property
ContributionOfProperty
210000000
CY2017 us-gaap Contribution Of Property
ContributionOfProperty
194000000
CY2019 ovv New Rou Operating Lease Assets And Liabilities
NewROUOperatingLeaseAssetsAndLiabilities
20000000
CY2018 ovv New Rou Operating Lease Assets And Liabilities
NewROUOperatingLeaseAssetsAndLiabilities
0
CY2017 ovv New Rou Operating Lease Assets And Liabilities
NewROUOperatingLeaseAssetsAndLiabilities
0
CY2019 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
0
CY2018 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1000000
CY2017 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1000000
CY2019 us-gaap Interest Paid
InterestPaid
415000000
CY2018 us-gaap Interest Paid
InterestPaid
367000000
CY2017 us-gaap Interest Paid
InterestPaid
370000000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-22000000
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-246000000
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-77000000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
14000000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
15000000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
11000000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
7000000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
7000000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
8000000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
62000000
CY2019Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
838000000
CY2019Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
700000000
CY2019Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
653000000
CY2019Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
535000000
CY2019Q4 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
426000000
CY2019Q4 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
2171000000
CY2019Q4 us-gaap Contractual Obligation
ContractualObligation
5323000000
CY2016Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
789.7
CY2017 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
-43.6
CY2017 srt Proved Developed And Undeveloped Reserves Extensions Discoveries And Additions
ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions
303.1
CY2017 srt Proved Developed And Undeveloped Reserves Purchases Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace
1.5
CY2017 srt Proved Developed And Undeveloped Reserves Sales Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace
141.6
CY2017 srt Proved Developed And Undeveloped Reserves Production
ProvedDevelopedAndUndevelopedReservesProduction
114.3
CY2017Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
794.9
CY2017Q4 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
407.8
CY2017Q4 srt Proved Undeveloped Reserve Volume
ProvedUndevelopedReserveVolume
387.1
CY2017Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
794.9
CY2017Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
794.9
CY2018 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
64.1
CY2018 srt Proved Developed And Undeveloped Reserves Extensions Discoveries And Additions
ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions
476.2
CY2018 srt Proved Developed And Undeveloped Reserves Purchases Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace
35.5
CY2018 srt Proved Developed And Undeveloped Reserves Sales Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace
23.1
CY2018 srt Proved Developed And Undeveloped Reserves Production
ProvedDevelopedAndUndevelopedReservesProduction
131.9
CY2018Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
1215.7
CY2018Q4 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
604.7
CY2018Q4 srt Proved Undeveloped Reserve Volume
ProvedUndevelopedReserveVolume
611.0
CY2018Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
1215.7
CY2018Q4 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
1215.7
CY2019 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
-158.7
CY2019 srt Proved Developed And Undeveloped Reserves Extensions Discoveries And Additions
ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions
605.3
CY2019 srt Proved Developed And Undeveloped Reserves Purchases Of Minerals In Place
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