XML 18 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 1,032.2 $ 376.1
Accounts receivable, net 135.6 278.2
Income tax receivable 22.5 87.3
Fair value of derivative contracts 0.5 146.8
Gas, oil and NGL inventories at lower of average cost or market 10.8 13.3
Prepaid expenses and other 7.4 30.1
Total Current Assets 1,209.0 931.8
Property, Plant and Equipment (successful efforts method for gas and oil properties)    
Proved properties 13,684.0 13,314.9
Unproved properties 658.5 691.0
Marketing and other 300.7 297.9
Material and supplies 31.7 38.5
Total Property, Plant and Equipment 14,674.9 14,342.3
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 8,604.7 6,870.2
Marketing and other 99.6 87.5
Total Accumulated Depreciation, Depletion and Amortization 8,704.3 6,957.7
Net Property, Plant and Equipment 5,970.6 7,384.6
Fair value of derivative contracts 0.0 23.2
Other noncurrent assets 95.6 58.6
TOTAL ASSETS 7,275.2 8,398.2
Current Liabilities    
Checks outstanding in excess of cash balances 4.3 29.8
Accounts payable and accrued expenses 259.3 351.7
Production and property taxes 40.3 46.1
Interest payable 32.8 36.4
Fair value of derivative contracts 34.5 0.8
Current portion of long-term debt 0.0 176.8
Total Current Liabilities 371.2 641.6
Long-term debt 2,019.3 2,014.7
Deferred income taxes 899.2 1,479.8
Asset retirement obligations 213.1 204.9
Fair value of derivative contracts 19.4 4.0
Other long-term liabilities 117.9 105.3
Commitments and contingencies (Note 10)
EQUITY    
Common stock – par value $0.01 per share; 500.0 million shares authorized; 240.7 million and 177.3 million shares issued, respectively 2.4 1.8
Treasury stock – 1.1 million and 0.5 million shares, respectively (22.2) (14.6)
Additional paid-in capital 1,359.8 554.8
Retained earnings 2,306.6 3,418.3
Accumulated other comprehensive income (loss) (11.5) (12.4)
Total Shareholders' Equity 3,635.1 3,947.9
TOTAL LIABILITIES AND EQUITY $ 7,275.2 $ 8,398.2