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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 97.1 $ 0.0
Accounts receivable, net 93.5 104.3
Income tax receivable 70.8 75.9
Fair value of derivative contracts 2.7 87.5
Prepaid expenses 7.1 12.7
Other current assets 0.2 0.2
Total Current Assets 271.4 280.6
Property, Plant and Equipment (successful efforts method for oil and gas properties)    
Proved properties 9,316.0 9,096.9
Unproved properties 706.6 705.5
Gathering and other 169.1 167.7
Materials and supplies 20.9 29.9
Total Property, Plant and Equipment 10,212.6 10,000.0
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 5,050.9 4,882.4
Gathering and other 58.4 58.1
Total Accumulated Depreciation, Depletion and Amortization 5,109.3 4,940.5
Net Property, Plant and Equipment 5,103.3 5,059.5
Fair value of derivative contracts 15.2 35.4
Operating lease right-of-use assets, net 60.2 0.0
Other noncurrent assets 54.2 49.6
Noncurrent assets held for sale 0.0 692.7
TOTAL ASSETS 5,504.3 6,117.8
Current Liabilities    
Checks outstanding in excess of cash balances 5.3 14.6
Accounts payable and accrued expenses 227.9 258.1
Production and property taxes 15.9 24.1
Current portion of long term debt 51.7 0.0
Interest payable 32.5 32.4
Fair value of derivative contracts 17.6 0.0
Current operating lease lease liabilities 18.8 0.0
Asset retirement obligations 6.8 5.1
Total Current Liabilities 376.5 334.3
Long-term debt 2,028.1 2,507.1
Deferred income taxes 181.4 269.2
Asset retirement obligations 94.6 96.9
Fair value of derivative contracts 0.9 0.7
Operating lease liabilities 47.9 0.0
Other long-term liabilities 85.6 97.4
Other long-term liabilities held for sale 0.0 61.3
Commitments and contingencies (Note 11)
EQUITY    
Common stock – par value $0.01 per share; 500.0 million shares authorized; 242.0 million and 239.8 million shares issued, respectively 2.4 2.4
Treasury stock – 4.1 million and 3.1 million shares, respectively (53.6) (45.6)
Additional paid-in capital 1,446.3 1,431.9
Retained earnings 1,308.6 1,376.5
Accumulated other comprehensive income (loss) (14.4) (14.3)
Total Common Shareholders' Equity 2,689.3 2,750.9
TOTAL LIABILITIES AND EQUITY $ 5,504.3 $ 6,117.8