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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 581 $ 1,442
Restricted cash 46 59
Accounts receivable, net 1,680 695
Income taxes receivable 1 4
Inventories 340 224
Derivatives 4 5
Investment in affiliate 144 123
Other 45 43
Total current assets 2,841 2,595
Oil and gas properties, using the successful efforts method of accounting:    
Proved properties 35,582 23,934
Unproved properties 8,498 576
Accumulated depletion, depreciation and amortization (11,836) (10,071)
Total oil and gas properties, net 32,244 14,439
Other property and equipment, net 1,726 1,584
Operating lease right-of-use assets 319 197
Goodwill 261 261
Derivatives 1 3
Other assets 157 150
Total assets 37,549 19,229
Accounts payable:    
Trade 2,227 928
Due to affiliates 168 102
Interest payable 30 35
Income taxes payable 29 4
Current portion of long-term debt 244 140
Derivatives 1,176 234
Operating leases 115 100
Other 546 363
Total current liabilities 4,535 1,906
Long-term debt 6,685 3,160
Derivatives 151 66
Deferred income taxes 1,833 1,366
Operating leases 220 110
Other liabilities 932 1,052
Equity:    
Common stock, $0.01 par value; 500,000,000 shares authorized; 244,122,575 and 175,525,268 shares issued as of September 30, 2021 and December 31, 2020, respectively 2 2
Additional paid-in capital 19,104 9,323
Treasury stock at cost: 139 and 11,047,856 shares as of September 30, 2021 and December 31, 2020, respectively 0 (1,234)
Retained earnings 4,087 3,478
Total equity 23,193 11,569
Commitments and contingencies
Total liabilities and equity $ 37,549 $ 19,229