XML 70 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEET (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 1,643 $ 1,906
Receivables, net of allowance 2,479 2,952
Inventories 727 891
Drilling advances 323 371
Derivative instruments   1
Prepaid assets and other 291 245
Total current assets 5,463 6,366
Oil and gas, on the basis of full-cost accounting:    
Proved properties 82,727 83,390
Unproved properties and properties under development, not being amortized 8,332 8,363
Gathering, transmission and processing facilities 7,209 6,995
Other 1,068 1,071
Property and equipment, gross 99,336 99,819
Less: Accumulated depreciation, depletion and amortization (46,584) (47,398)
Property and equipment, net 52,752 52,421
OTHER ASSETS:    
Goodwill 1,369 1,369
Deferred charges and other 1,537 1,481
Total assets 61,121 61,637
CURRENT LIABILITIES:    
Accounts payable 1,438 1,616
Current debt    53
Current asset retirement obligation 182 121
Derivative instruments 224 299
Other current liabilities 2,512 2,611
Total current liabilities 4,356 4,700
LONG-TERM DEBT 9,673 9,672
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 8,517 8,364
Asset retirement obligation 2,996 3,101
Other 402 407
Total deferred credits and other noncurrent liabilities 11,915 11,872
COMMITMENTS AND CONTINGENCIES (Note 8)      
EQUITY:    
Common stock, $0.625 par, 860,000,000 shares authorized, 408,251,989 and 408,041,088 shares issued, respectively 255 255
Paid-in capital 12,284 12,251
Retained earnings 22,170 22,032
Treasury stock, at cost, 18,184,997 and 12,268,180 shares, respectively (1,511) (1,027)
Accumulated other comprehensive loss (116) (115)
APACHE SHAREHOLDERS' EQUITY 33,082 33,396
Noncontrolling interest 2,095 1,997
TOTAL EQUITY 35,177 35,393
Total liabilities and shareholders' equity $ 61,121 $ 61,637