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ACQUISITIONS AND DIVESTITURES (Tables)
12 Months Ended
Dec. 31, 2019
ACQUISITIONS AND DIVESTITURES  
Summary of total consideration, including customary closing adjustments, and allocation of the consideration based on fair value of assets acquired as of acquisition date
The following table summarizes the total consideration, including customary closing adjustments, and the allocation of the consideration based on the fair value of the assets acquired as of the acquisition date:
Consideration:
(in millions)
Cash
$
460

Common stock issued (2.85 million shares)
51

Liabilities assumed
7

 
$
518

 
 
Identifiable assets acquired:
 
Proved properties
$
435

Other property and equipment
77

Materials and supplies
6

 
$
518