XML 112 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEET (Unaudited) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 1,906 $ 160
Receivables, net of allowance 2,952 3,086
Inventories 891 908
Drilling advances 371 584
Derivative instruments 1 31
Prepaid assets and other 245 193
Total current assets 6,366 4,962
Oil and gas, on the basis of full-cost accounting:    
Proved properties 83,390 78,383
Unproved properties and properties under development, not being amortized 8,363 8,754
Gathering, transmission, and processing facilities 6,995 5,955
Other 1,071 1,055
Property and equipment, gross 99,819 94,147
Less: Accumulated depreciation, depletion, and amortization (47,398) (40,867)
Property and equipment, net 52,421 53,280
OTHER ASSETS:    
Goodwill 1,369 1,289
Deferred charges and other 1,481 1,206
Total assets 61,637 60,737
CURRENT LIABILITIES:    
Accounts payable 1,616 1,092
Current debt 53 990
Current asset retirement obligation 121 478
Derivative instruments 299 116
Other current liabilities 2,611 2,860
Total current liabilities 4,700 5,536
Long-term debt 9,672 11,355
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 8,364 8,024
Asset retirement obligation 3,101 4,100
Other 407 391
Total deferred credits and other noncurrent liabilities 11,872 12,515
COMMITMENTS AND CONTINGENCIES (Note 8)      
EQUITY:    
Preferred stock, no par value, 10,000,000 shares authorized, 6% Cumulative Mandatory Convertible, Series D, $1,000 per share liquidation preference, 1,265,000 shares converted in 2013, 1,265,000 shares issued and outstanding in 2012   1,227
Common stock, $0.625 par, 860,000,000 shares authorized, 0 and 392,712,245 shares issued, respectively 255 245
Paid-in capital 12,251 9,859
Retained earnings 22,032 20,161
Treasury stock, at cost, 0 and 1,071,475 shares, respectively (1,027) (30)
Accumulated other comprehensive (loss) (115) (131)
APACHE SHAREHOLDERS' EQUITY 33,396 31,331
Noncontrolling interest 1,997  
TOTAL EQUITY 35,393 31,331
Total liabilities and shareholders' equity $ 61,637 $ 60,737