XML 31 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 0.0 $ 443.8
Accounts receivable, net 142.1 155.7
Income tax receivable 4.9 18.6
Fair value of derivative contracts 3.4 0.0
Hydrocarbon inventories, at lower of average cost or net realizable value 3.6 10.4
Prepaid expenses 10.7 11.4
Other current assets 0.7 0.2
Total Current Assets 165.4 640.1
Property, Plant and Equipment (successful efforts method for oil and gas properties)    
Proved properties 12,470.9 14,232.5
Unproved properties 1,095.8 871.5
Gathering and other 319.7 301.8
Materials and supplies 37.8 32.7
Total Property, Plant and Equipment 13,924.2 15,438.5
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 6,642.9 8,797.7
Gathering and other 124.3 101.8
Total Accumulated Depreciation, Depletion and Amortization 6,767.2 8,899.5
Net Property, Plant and Equipment 7,157.0 6,539.0
Fair value of derivative contracts 0.1 0.0
Other noncurrent assets 72.3 66.3
TOTAL ASSETS 7,394.8 7,245.4
Current Liabilities    
Checks outstanding in excess of cash balances 44.0 12.3
Accounts payable and accrued expenses 372.1 269.7
Production and property taxes 31.6 30.1
Interest payable 26.0 32.9
Fair value of derivative contracts 103.6 169.8
Total Current Liabilities 577.3 514.8
Long-term debt 2,160.8 2,020.9
Deferred income taxes 518.0 825.9
Asset retirement obligations 206.6 225.8
Fair value of derivative contracts 31.8 32.0
Other long-term liabilities 102.4 123.3
Commitments and Contingencies (Note 9)
EQUITY    
Common stock - par value $0.01 per share; 500.0 million shares authorized; 243.0 million and 240.7 million shares issued, respectively 2.4 2.4
Treasury stock - 2.0 million and 1.1 million shares, respectively (34.2) (22.9)
Additional paid-in capital 1,398.2 1,366.6
Retained earnings 2,442.6 2,173.3
Accumulated other comprehensive income (loss) (11.1) (16.7)
Total Common Shareholders' Equity 3,797.9 3,502.7
TOTAL LIABILITIES AND EQUITY $ 7,394.8 $ 7,245.4