XML 102 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 11.9 $ 0
Accounts receivable, net 408.5 387.5
Fair value of derivative contracts 0.2 188.7
Gas, oil and NGL inventories, at lower of average cost or market 13.4 13.1
Deferred Tax Assets, Net 30.6 0
Prepaid expenses and other 54.4 68.0
Total Current Assets 519.0 657.3
Property, Plant and Equipment (successful efforts method for gas and oil properties)    
Proved properties 11,571.4 10,234.3
Unproved properties, net 665.1 937.9
Midstream field services 1,698.1 1,634.9
Marketing and other 85.5 64.6
Materials and supplies 59.0 61.9
Total Property, Plant and Equipment 14,079.1 12,933.6
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 4,930.9 4,258.1
Midstream field services 409.7 357.9
Marketing and other 22.1 18.1
Total Accumulated Depreciation, Depletion and Amortization 5,362.7 4,634.1
Net Property, Plant and Equipment 8,716.4 8,299.5
Investment in unconsolidated affiliates 39.0 41.2
Goodwill 0 59.5
Fair value of derivative contracts 1.0 4.1
Restricted Cash, Noncurrent 50.0 0
Other noncurrent assets 51.4 46.9
TOTAL ASSETS 9,376.8 9,108.5
Current Liabilities    
Checks outstanding in excess of cash balances 90.9 39.7
Accounts payable and accrued expenses 434.9 643.4
Production and property taxes 51.8 41.8
Interest payable 37.2 36.9
Fair value of derivative contracts 26.7 2.6
Deferred income taxes 0 5.0
Total Current Liabilities 641.5 769.4
Long-term debt 2,997.5 3,206.9
Deferred income taxes 1,560.6 1,493.5
Asset retirement obligations 191.8 191.4
Fair value of derivative contracts 0 3.6
Other long-term liabilities 108.6 130.0
Commitments and contingencies (Note 10)      
EQUITY    
Common stock - par value $0.01 per share; 500.0 million shares authorized; 179.3 million and 178.5 million shares issued, respectively 1.8 1.8
Treasury stock - 0.4 million and 0.1 million shares, respectively (14.9) (3.7)
Additional paid-in capital 498.4 462.1
Retained earnings 2,917.8 2,773.0
Accumulated other comprehensive (loss)income (26.5) 32.8
Total Common Shareholders' Equity 3,376.6 3,266.0
Noncontrolling interest 500.2 47.7
Total Equity 3,876.8 3,313.7
TOTAL LIABILITIES AND EQUITY $ 9,376.8 $ 9,108.5