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## SOUTHWESTERN ENERGY COMPANY AND SUBSIDIARIES 

## CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (CONTINUED) 

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(1) Includes a net cumulative-effect adjustment of $59 million related to the recognition of previously unrecognized windfall tax benefits resulting from the adoption of ASU 2016- 09 as of the beginning of 2017. This adjustment increased net deferred tax assets and the related income tax valuation allowance by the same amount. 

The accompanying notes are an integral part of these consolidated financial statements. 

