Rendering

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2301302 - Disclosure - Basis of Presentation and Significant Accounting Policies (Tables)
(http://www.chk.com/role/BasisOfPresentationAndSignificantAccountingPoliciesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000895126 (http://www.sec.gov/CIK)
Accounting Policies [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Accounting Policies [Abstract]
 
Schedule of Accounts, Notes, Loans and Financing Receivable
Accounts receivable as of December 31, 2016 and 2015 are detailed below.
 
 
December 31,
 
 
2016
 
2015
 
 
($ in millions)
Oil, natural gas and NGL sales
 
$
840

 
$
696

Joint interest
 
156

 
230

Other
 
93

 
226

Allowance for doubtful accounts
 
(32
)
 
(23
)
Total accounts receivable, net
 
$
1,057

 
$
1,129

  
Schedule of Capitalized Costs of Unproved Properties Excluded from Amortization
The table below sets forth the cost of unproved properties excluded from the amortization base as of December 31, 2016 and the year in which the associated costs were incurred.
 
 
Year of Acquisition
 
 
 
 
2016
 
2015
 
2014
 
Prior
 
Total
 
 
($ in millions)
Leasehold cost
 
$
109

 
$
99

 
$
507

 
$
2,956

 
$
3,671

Exploration cost
 
24

 
36

 
13

 
34

 
107

Capitalized interest
 
194

 
201

 
184

 
445

 
1,024

Total
 
$
327

 
$
336

 
$
704

 
$
3,435

 
$
4,802

  
Schedule of Adoption of New Accounting Pronouncements, Debt Issuance Costs
The retrospective adjustment to the December 31, 2015 consolidated balance sheet is shown below.
 
 
As Previously Reported
 
December 31, 2015 Adjustment Effect
 
As Adjusted
 
 
($ in millions)
Other long-term assets
 
$
333

 
$
(43
)
 
$
290

Long-term debt, net
 
$
10,354

 
$
(43
)
 
$
10,311

  
Schedule of Revisions to Fair Value of Debt
The following table reflects the revisions made.
 
 
As Previously
Reported
 
December 31, 2015
Adjustment Effect
 
As Revised
 
 
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
 
 
($ in millions)
Short-term debt (Level 1)
 
$
381

 
$
366

 
$
—

 
$
—

 
$
381

 
$
366

Long-term debt (Level 1)(a)
 
$
10,347

 
$
3,735

 
$
(3,627
)
 
$
(1,189
)
 
$
6,720

 
$
2,546

Long-term debt (Level 2)
 
$
—

 
$
—

 
$
3,584

 
$
1,189

 
$
3,584

 
$
1,189

__________________________________________
(a)    The difference in the carrying amount is due to the debt issuance costs retrospective change noted above.