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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,001 $ 896
Short-term investments 722 1,213
Accounts receivable:    
Trade, net 826 644
Due from affiliates 0 1
Income taxes receivable 7 7
Inventories 218 212
Assets held for sale 20 0
Derivatives 7 11
Other 23 23
Total current assets 2,824 3,007
Oil and gas properties, using the successful efforts method of accounting:    
Proved properties 20,892 20,404
Unproved properties 568 558
Accumulated depletion, depreciation and amortization (9,230) (9,196)
Total property, plant and equipment 12,230 11,766
Long-term investments 93 66
Goodwill 269 270
Other property and equipment, net 1,799 1,762
Other assets, net 108 132
Total Assets 17,323 17,003
Accounts payable:    
Trade 1,222 1,174
Due to affiliates 48 108
Interest payable 38 59
Income taxes payable 1 0
Current portion of long-term debt 449 449
Liabilities held for sale 6 0
Derivatives 333 232
Other 153 106
Total current liabilities 2,250 2,128
Long-term debt 2,284 2,283
Derivatives 54 23
Deferred income taxes 928 899
Other liabilities 405 391
Equity:    
Common stock, $.01 par value 2 2
Additional paid-in capital 8,991 8,974
Treasury stock at cost (294) (249)
Retained earnings 2,698 2,547
Total equity attributable to common stockholders 11,397 11,274
Noncontrolling interests in consolidated subsidiaries 5 5
Total equity 11,402 11,279
Commitments and contingencies
Total Liabilities and Equity $ 17,323 $ 17,003