XML 61 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 139.7 $ 0
Accounts receivable, net 489.8 387.5
Fair value of derivative contracts 104.1 188.7
Gas, oil and NGL inventories at lower of average cost or market 3.8 13.1
Prepaid expenses and other 49.3 68.0
Deferred income taxes 6.4 0
Total Current Assets 793.1 657.3
Property, Plant and Equipment (successful efforts method for gas and oil properties)    
Proved properties 10,802.2 10,234.3
Unproved properties 919.8 937.9
Midstream field services 1,650.5 1,634.9
Marketing and other 77.0 64.6
Material and supplies 62.3 61.9
Total Property, Plant and Equipment 13,511.8 12,933.6
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 4,624.8 4,258.1
Midstream field services 382.1 357.9
Marketing and other 21.0 18.1
Total Accumulated Depreciation, Depletion and Amortization 5,027.9 4,634.1
Net Property, Plant and Equipment 8,483.9 8,299.5
Investment in unconsolidated affiliates 40.0 41.2
Goodwill 59.5 59.5
Fair value of derivative contracts 18.9 4.1
Other noncurrent assets 51.7 46.9
TOTAL ASSETS 9,447.1 9,108.5
Current Liabilities    
Checks outstanding in excess of cash balances 95.5 39.7
Accounts payable and accrued expenses 496.7 643.4
Production and property taxes 50.7 41.8
Interest payable 38.0 36.9
Fair value of derivative contracts 2.5 2.6
Deferred income taxes 0 5.0
Total Current Liabilities 683.4 769.4
Long-term debt 3,405.7 3,206.9
Deferred income taxes 1,603.3 1,493.5
Asset retirement obligations 179.9 191.4
Fair value of derivative contracts 0 3.6
Other long-term liabilities 123.7 130.0
Commitments and contingencies      
EQUITY    
Common stock - par value $0.01 per share; 500.0 million shares authorized; 179.6 million and 178.5 million shares issued, respectively 1.8 1.8
Treasury stock - 0.3 million and 0.1 million shares, respectively (12.6) (3.7)
Additional paid-in capital 480.8 462.1
Retained earnings 2,940.0 2,773.0
Accumulated other comprehensive income (5.4) 32.8
Total Common Shareholders' Equity 3,404.6 3,266.0
Noncontrolling interest 46.5 47.7
Total Equity 3,451.1 3,313.7
TOTAL LIABILITIES AND EQUITY $ 9,447.1 $ 9,108.5