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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 92.4 $ 0.0
Accounts receivable, net 104.3 104.3
Income tax receivable 75.5 75.9
Fair value of derivative contracts 69.8 87.5
Prepaid expenses 8.1 12.9
Total Current Assets 350.1 280.6
Property, Plant and Equipment (successful efforts method for oil and gas properties)    
Proved properties 9,416.9 9,096.9
Unproved properties 698.3 705.5
Gathering and other 162.7 167.7
Materials and supplies 19.3 29.9
Total Property, Plant and Equipment 10,297.2 10,000.0
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 5,153.3 4,882.4
Gathering and other 58.5 58.1
Total Accumulated Depreciation, Depletion and Amortization 5,211.8 4,940.5
Net Property, Plant and Equipment 5,085.4 5,059.5
Fair value of derivative contracts 23.2 35.4
Operating lease right-of-use assets, net 57.4 0.0
Other noncurrent assets 54.5 49.6
Noncurrent assets held for sale 0.0 692.7
TOTAL ASSETS 5,570.6 6,117.8
Current Liabilities    
Checks outstanding in excess of cash balances 0.7 14.6
Accounts payable and accrued expenses 206.2 258.1
Production and property taxes 17.7 24.1
Current portion of long term debt 51.7 0.0
Interest payable 33.0 32.4
Fair value of derivative contracts 0.8 0.0
Current operating lease lease liabilities 18.4 0.0
Asset retirement obligations 6.7 5.1
Total Current Liabilities 335.2 334.3
Long-term debt 2,029.4 2,507.1
Deferred income taxes 208.0 269.2
Asset retirement obligations 95.5 96.9
Fair value of derivative contracts 0.4 0.7
Operating lease liabilities 45.3 0.0
Other long-term liabilities 86.8 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; 242.1 million and 239.8 million shares issued, respectively 2.4 2.4
Treasury stock – 4.3 million and 3.1 million shares, respectively (54.8) (45.6)
Additional paid-in capital 1,451.9 1,431.9
Retained earnings 1,384.8 1,376.5
Accumulated other comprehensive income (loss) (14.3) (14.3)
Total Common Shareholders' Equity 2,770.0 2,750.9
TOTAL LIABILITIES AND EQUITY $ 5,570.6 $ 6,117.8