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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents ($51 and $24 related to Altus VIE) $ 538 $ 262
Receivables, net of allowance of $98 and $95 1,071 908
Other current assets (Note 5) ($12 and $5 related to Altus VIE) 736 676
Total current assets 2,345 1,846
Oil and Gas Property, Full Cost Method, Net [Abstract]    
Oil and gas properties 42,054 41,819
Gathering, processing, and transmission facilities ($206 and $206 related to Altus VIE) 671 670
Other ($3 and $3 related to Altus VIE) 1,139 1,140
Less: Accumulated depreciation, depletion, and amortization ($16 and $13 related to Altus VIE) (35,146) (34,810)
Property and equipment, net 8,718 8,819
OTHER ASSETS:    
Equity method interests (Note 6) ($1,567 and $1,555 related to Altus VIE) 1,567 1,555
Deferred charges and other ($6 and $5 related to Altus VIE) 497 526
Total assets 13,127 12,746
CURRENT LIABILITIES:    
Accounts payable 524 444
Current debt 2 2
Other current liabilities (Note 7) ($8 and $4 related to Altus VIE) 812 862
Total current liabilities 1,338 1,308
LONG-TERM DEBT (Note 9) ($657 and $624 related to Altus VIE) 8,713 8,770
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 237 215
Asset retirement obligation (Note 8) ($65 and $64 related to Altus VIE) 1,914 1,888
Other ($161 and $144 related to Altus VIE) 581 602
Total deferred credits and other noncurrent liabilities 2,732 2,705
REDEEMABLE NONCONTROLLING INTEREST - ALTUS PREFERRED UNIT LIMITED PARTNERS (Note 12) 605 608
EQUITY (DEFICIT):    
Common stock, $0.625 par, 860,000,000 shares authorized, 418,917,594 and 418,429,375 shares issued, respectively 262 262
Paid-in capital 11,727 11,735
Accumulated deficit (10,073) (10,461)
Treasury stock, at cost, 40,944,759 and 40,946,745 shares, respectively (3,189) (3,189)
Accumulated other comprehensive income 15 14
APA SHAREHOLDERS’ DEFICIT (1,258) (1,639)
TOTAL DEFICIT (261) (645)
TOTAL LIABILITIES AND EQUITY 13,127 12,746
Noncontrolling interests, Egypt    
EQUITY (DEFICIT):    
Noncontrolling interest 927 925
Noncontrolling interests, Altus    
EQUITY (DEFICIT):    
Noncontrolling interest $ 70 $ 69