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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 3.4 $ 166.3
Accounts receivable, net 97.9 108.4
Income tax receivable 165.0 37.4
Fair value of derivative contracts 169.4 1.5
Prepaid expenses and other current assets 10.7 11.6
Total Current Assets 446.4 325.2
Property, Plant and Equipment (successful efforts method for oil and gas properties)    
Proved properties 9,786.2 9,574.9
Unproved properties 543.6 599.1
Gathering and other 165.5 164.2
Materials and supplies 16.5 15.6
Total Property, Plant and Equipment 10,511.8 10,353.8
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 5,482.4 5,250.5
Gathering and other 66.3 61.0
Total Accumulated Depreciation, Depletion and Amortization 5,548.7 5,311.5
Net Property, Plant and Equipment 4,963.1 5,042.3
Fair value of derivative contracts 6.2 0.2
Operating lease right-of-use assets, net 54.1 56.8
Other noncurrent assets 54.3 53.3
TOTAL ASSETS 5,524.1 5,477.8
Current Liabilities    
Checks outstanding in excess of cash balances 2.3 18.3
Accounts payable and accrued expenses 157.0 227.2
Production and property taxes 9.2 18.9
Current portion of long term debt 274.9 0.0
Interest payable 27.9 31.0
Fair value of derivative contracts 1.8 18.7
Current operating lease lease liabilities 20.3 18.0
Asset retirement obligations 6.2 6.0
Total Current Liabilities 499.6 338.1
Long-term debt 1,589.4 2,015.6
Deferred income taxes 416.1 274.5
Asset retirement obligations 94.9 94.9
Fair value of derivative contracts 3.2 0.5
Operating lease liabilities 39.2 44.8
Other long-term liabilities 36.8 48.8
Commitments and contingencies (Note 11)
EQUITY    
Common stock – par value $0.01 per share; 500.0 million shares authorized; 247.2 million and 242.1 million shares issued, respectively 2.5 2.4
Treasury stock – 4.9 million and 4.4 million shares, respectively (56.6) (55.4)
Additional paid-in capital 1,463.3 1,456.5
Retained earnings 1,447.8 1,269.6
Accumulated other comprehensive income (loss) (12.1) (12.5)
Total Common Shareholders' Equity 2,844.9 2,660.6
TOTAL LIABILITIES AND EQUITY $ 5,524.1 $ 5,477.8