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CONSOLIDATED BALANCE SHEET (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 524 $ 1,906
Short-term restricted cash 778  
Receivables, net of allowance 2,407 2,952
Inventories 794 891
Drilling advances 331 371
Prepaid assets and other 292 246
Total current assets 5,126 6,366
Oil and gas, on the basis of full-cost accounting:    
Proved properties 84,033 83,390
Unproved properties and properties under development, not being amortized 7,789 8,363
Gathering, transmission and processing facilities 7,587 6,995
Other 1,103 1,071
Property and equipment, gross 100,512 99,819
Less: Accumulated depreciation, depletion and amortization (48,042) (47,398)
Property and equipment, net 52,470 52,421
Long-term restricted cash 589  
Goodwill 1,369 1,369
Deferred charges and other 1,617 1,481
Total assets 61,171 61,637
CURRENT LIABILITIES:    
Accounts payable 1,491 1,616
Current debt 1 53
Current asset retirement obligation 178 121
Derivative instruments 272 299
Other current liabilities 2,628 2,611
Total current liabilities 4,570 4,700
LONG-TERM DEBT 9,674 9,672
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 8,566 8,364
Asset retirement obligation 3,050 3,101
Other 419 407
Total deferred credits and other noncurrent liabilities 12,035 11,872
COMMITMENTS AND CONTINGENCIES (Note 8)      
EQUITY:    
Common stock, $0.625 par, 860,000,000 shares authorized, 409,441,006 and 408,041,088 shares issued, respectively 256 255
Paid-in capital 12,324 12,251
Retained earnings 22,581 22,032
Treasury stock, at cost, 27,110,079 and 12,268,180 shares, respectively (2,290) (1,027)
Accumulated other comprehensive loss (116) (115)
APACHE SHAREHOLDERS' EQUITY 32,755 33,396
Noncontrolling interest 2,137 1,997
TOTAL EQUITY 34,892 35,393
Total liabilities and shareholders' equity $ 61,171 $ 61,637