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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 98 $ 1,032
Accounts receivable, net 1,850 1,853
Inventories 496 424
Investment in affiliate 176 172
Prepaids and other 165 245
Total current assets 2,785 3,726
Oil and gas properties, using the successful efforts method of accounting:    
Proved properties 42,163 38,465
Unproved properties 5,861 6,008
Accumulated depletion, depreciation and amortization (16,876) (14,843)
Total oil and gas properties, net 31,148 29,630
Other property and equipment, net 1,639 1,658
Operating lease right-of-use assets 376 340
Goodwill 242 243
Other assets 170 143
Total assets 36,360 35,740
Accounts payable:    
Trade 2,577 2,487
Due to affiliates 93 150
Interest payable 16 33
Income taxes payable 43 63
Current portion of debt 44 779
Derivatives 158 44
Operating leases 156 125
Other 196 206
Total current liabilities 3,283 3,887
Long-term debt 4,880 4,125
Derivatives 152 96
Deferred income taxes 4,231 3,867
Operating leases 245 236
Other liabilities 850 988
Equity:    
Common shares, $.01 par value; 500,000,000 shares authorized; 245,080,115 and 244,703,342 shares issued as of September 30, 2023 and December 31, 2022, respectively 2 2
Additional paid-in capital 18,506 18,779
Treasury shares, at cost; 11,771,231 and 8,667,824 shares as of September 30, 2023 and December 31, 2022, respectively (2,572) (1,925)
Retained earnings 6,783 5,685
Total equity 22,719 22,541
Commitments and contingencies
Total Liabilities and Stockholders' Equity $ 36,360 $ 35,740