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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 1,038.3 $ 376.1
Accounts receivable, net 132.5 278.2
Income tax receivable 170.5 87.3
Fair value of derivative contracts 1.4 146.8
Gas, oil and NGL inventories at lower of average cost or market 7.2 13.3
Prepaid expenses and other 21.4 30.1
Total Current Assets 1,371.3 931.8
Property, Plant and Equipment (successful efforts method for gas and oil properties)    
Proved properties 13,556.8 13,314.9
Unproved properties 670.2 691.0
Marketing and other 297.9 297.9
Material and supplies 29.4 38.5
Total Property, Plant and Equipment 14,554.3 14,342.3
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 8,440.6 6,870.2
Marketing and other 95.1 87.5
Total Accumulated Depreciation, Depletion and Amortization 8,535.7 6,957.7
Net Property, Plant and Equipment 6,018.6 7,384.6
Fair value of derivative contracts 0.0 23.2
Other noncurrent assets 91.8 58.6
TOTAL ASSETS 7,481.7 8,398.2
Current Liabilities    
Checks outstanding in excess of cash balances 0.0 29.8
Accounts payable and accrued expenses 213.8 351.7
Production and property taxes 39.7 46.1
Interest payable 37.9 36.4
Fair value of derivative contracts 46.6 0.8
Current portion of long-term debt 176.8 176.8
Total Current Liabilities 514.8 641.6
Long-term debt 2,017.8 2,014.7
Deferred income taxes 920.2 1,479.8
Asset retirement obligations 207.7 204.9
Fair value of derivative contracts 33.1 4.0
Other long-term liabilities 108.0 105.3
Commitments and contingencies (Note 10)
EQUITY    
Common stock – par value $0.01 per share; 500.0 million shares authorized; 240.6 million and 177.3 million shares issued, respectively 2.4 1.8
Treasury stock – 1.0 million and 0.5 million shares, respectively (20.6) (14.6)
Additional paid-in capital 1,352.6 554.8
Retained earnings 2,357.5 3,418.3
Accumulated other comprehensive income (loss) (11.8) (12.4)
Total Shareholders' Equity 3,680.1 3,947.9
TOTAL LIABILITIES AND EQUITY $ 7,481.7 $ 8,398.2