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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,442 $ 631
Restricted Cash, Current 59 74
Accounts receivable:    
Trade, net 695 1,032
Due from affiliates 0 3
Income taxes receivable 4 7
Inventories 224 205
Derivatives 5 32
Investment in affiliate 123 187
Other 43 20
Total current assets 2,595 2,191
Oil and gas properties, using the successful efforts method of accounting:    
Proved properties 23,934 22,444
Unproved properties 576 584
Accumulated depletion, depreciation and amortization (10,071) (8,583)
Total oil and gas properties, net 14,439 14,445
Property, Plant and Equipment, Net 1,584 1,632
Operating lease right-of-use assets 197 280
Goodwill 261 261
Other assets 150 258
Total Assets 19,229 19,088
Accounts payable:    
Trade 928 1,221
Due to affiliates 102 190
Interest payable 35 53
Income taxes payable 4 3
Long-term Debt, Current Maturities 140 450
Derivatives 234 12
Operating Lease, Liability, Current 100 136
Other 363 431
Total current liabilities 1,906 2,496
Long-term Debt, Excluding Current Maturities 3,160 1,839
Derivatives 66 8
Deferred income taxes 1,366 1,393
Operating Lease, Liability, Noncurrent 110 170
Other liabilities 1,052 1,046
Equity:    
Common stock, $.01 par value; 500,000,000 shares authorized; 175,525,268 and 175,057,889 shares issued as of December 31, 2020 and 2019, respectively 2 2
Additional paid-in capital 9,323 9,161
Treasury stock, at cost; 11,047,856 and 9,511,248 shares as of December 31, 2020 and 2019, respectively (1,234) (1,069)
Retained earnings 3,478 4,042
Total equity 11,569 12,136
Commitments and contingencies
Total Liabilities and Stockholders' Equity $ 19,229 $ 19,088