Supplemental Guarantor Information (Tables)

12 Months Ended

Dec. 31, 2014

Guarantees [Abstract]

Supplemental Condensed Consolidating Statement of Operations and Comprehensive Income

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

For the Year Ended December 31, 2014

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	3,399		$	—		$	10,350		$	—	$	13,749
Equity in net income (loss) of affiliates		25			(209	)		73			111		—
Derivative instrument losses, net		141			—			143			—		284
Other		54			55			(296	)		5		(182	)
		3,619			(154	)		10,270			116		13,851
OPERATING EXPENSES:
Depreciation, depletion, and amortization		5,845			—			4,313			—		10,158
Asset retirement obligation accretion		31			—			150			—		181
Lease operating expenses		509			—			1,970			—		2,479
Gathering and transportation		58			—			215			—		273
Taxes other than income		206			—			472			—		678
Impairments		175			—			2,182			—		2,357
General and administrative		377			—			52			5		434
Acquisition, divestiture, and separation costs		67			—			—			—		67
Financing costs, net		158			(24	)		(4	)		—		130
		7,426			(24	)		9,350			5		16,757
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(3,807	)		(130	)		920			111		(2,906	)
Provision for income taxes		1,472			6			159			—		1,637
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST		(5,279	)		(136	)		761			111		(4,543	)
Net loss from discontinued operations, net of tax		(127	)		—			(390	)		—		(517	)
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST		(5,406	)		(136	)		371			111		(5,060	)
Net income attributable to noncontrolling interest		—			—			343			—		343
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(5,406	)	$	(136	)	$	28		$	111	$	(5,403	)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(5,407	)	$	(136	)	$	28		$	111	$	(5,404	)

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

For the Year Ended December 31, 2013

	Apache Corporation			Apache Finance Canada		All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	4,585		$	—	$	11,326		$	—		$	15,911
Equity in net income (loss) of affiliates		2,313			17		36			(2,366	)		—
Derivative instrument losses, net		(399	)		—		—			—			(399	)
Other		—			61		(9	)		(4	)		48
		6,499			78		11,353			(2,370	)		15,560
OPERATING EXPENSES:
Depreciation, depletion, and amortization		2,250			—		4,039			—			6,289
Asset retirement obligation accretion		67			—		171			—			238
Lease operating expenses		939			—		1,925			—			2,864
Gathering and transportation		61			—		227			—			288
Taxes other than income		190			—		595			—			785
General and administrative		408			—		78			(4	)		482
Acquisition, divestiture, and separation costs		33			—		—			—			33
Financing costs, net		97			5		75			—			177
		4,045			5		7,110			(4	)		11,156
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		2,454			73		4,243			(2,366	)		4,404
Provision for income taxes		222			20		1,682			—			1,924
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST		2,232			53		2,561			(2,366	)		2,480
Net income from discontinued operations, net of tax		—			—		(192	)		—			(192	)
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST		2,232			53		2,369			(2,366	)		2,288
Preferred stock dividends		44			—		—			—			44
Net income attributable to noncontrolling interest		—			—		56			—			56
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	2,188		$	53	$	2,313		$	(2,366	)	$	2,188
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	2,204		$	53	$	2,313		$	(2,366	)	$	2,204

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

For the Year Ended December 31, 2012

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation		Reclassifications & Eliminations			Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	4,237		$	—		$	12,191	$	—		$	16,428
Equity in net income (loss) of affiliates		1,523			(737	)		248		(1,034	)		—
Other		(80	)		69			151		(4	)		136
		5,680			(668	)		12,590		(1,038	)		16,564
OPERATING EXPENSES:
Depreciation, depletion, and amortization		1,391			—			5,490		—			6,881
Asset retirement obligation accretion		76			—			152		—			228
Lease operating expenses		957			—			1,827		—			2,784
Gathering and transportation		51			—			244		—			295
Taxes other than income		185			—			633		—			818
General and administrative		425			—			94		(4	)		515
Acquisition, divestiture, and separation costs		25			—			6		—			31
Financing costs, net		94			(20	)		98		—			172
		3,204			(20	)		8,544		(4	)		11,724
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		2,476			(648	)		4,046		(1,034	)		4,840
Provision (benefit) for income taxes		475			(159	)		2,537		—			2,853
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST		2,001			(489	)		1,509		(1,034	)		1,987
Net income from discontinued operations, net of tax		—			—			14		—			14
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST		2,001			(489	)		1,523		(1,034	)		2,001
Preferred stock dividends		76			—			—		—			76
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	1,925		$	(489	)	$	1,523	$	(1,034	)	$	1,925
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	1,803		$	(489	)	$	1,523	$	(1,034	)	$	1,803

Supplemental Condensed Consolidating Statement of Cash Flows

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Year Ended December 31, 2014

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES	$	6,691		$	17		$	1,671		$	—		$	8,379
CASH PROVIDED BY DISCONTINUED OPERATIONS		—			—			82			—			82
CASH PROVIDED BY OPERATING ACTIVITIES		6,691			17			1,753			—			8,461
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property		(9,706	)		—			(15	)		—			(9,721	)
Additions to gas gathering, transmission, and processing facilities		49			—			(1,208	)		—			(1,159	)
Proceeds from sale of Deepwater Gulf of Mexico assets		1,360			—			—			—			1,360
Proceeds from sale of Anadarko Basin and Southern Louisiana assets		1,262			—			—			—			1,262
Leasehold and property acquisitions		(1,087	)		—			(405	)		—			(1,492	)
Proceeds from sale of oil and gas properties		15			—			455			—			470
Investment in subsidiaries, net		2,168			—			—			(2,168	)		—
Other		(278	)		—			6			—			(272	)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES		(6,217	)		—			(1,167	)		(2,168	)		(9,552	)
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		—			—			748			—			748
NET CASH USED IN INVESTING ACTIVITIES		(6,217	)		—			(419	)		(2,168	)		(8,804	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper, credit facility, and bank notes, net		1,570			—			(2	)		—			1,568
Intercompany borrowings		—			8			(2,188	)		2,180			—
Dividends paid		(365	)		—			—			—			(365	)
Distributions to noncontrolling interest		—			—			(140	)		—			(140	)
Treasury stock activity, net		(1,864	)		—			—			—			(1,864	)
Other		(5	)		(28	)		94			(12	)		49
NET CASH USED IN CONTINUING FINANCING ACTIVITIES		(664	)		(20	)		(2,236	)		2,168			(752	)
NET CASH USED IN DISCONTINUED OPERATIONS		—			—			(42	)		—			(42	)
NET CASH USED IN FINANCING ACTIVITIES		(664	)		(20	)		(2,278	)		2,168			(794	)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(190	)		(3	)		(944	)		—			(1,137	)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR		155			3			1,748			—			1,906
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	(35	)	$	—		$	804		$	—		$	769

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Year Ended December 31, 2013

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES	$	1,421		$	315		$	7,867		$	—	$	9,603
CASH PROVIDED BY DISCONTINUED OPERATIONS		—			—			232			—		232
CASH PROVIDED BY OPERATING ACTIVITIES		1,421			315			8,099			—		9,835
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property		(4,096	)		—			(5,516	)		—		(9,612	)
Additions to gas gathering, transmission, and processing facilities		(124	)		—			(1,066	)		—		(1,190	)
Proceeds from divestiture of Gulf of Mexico Shelf properties		3,702			—			—			—		3,702
Leasehold and property acquisitions		(195	)		—			(224	)		—		(419	)
Proceeds from Kitimat LNG transaction, net		—			—			396			—		396
Proceeds from sale of oil and gas properties		—			—			307			—		307
Other		(58	)		—			(32	)		—		(90	)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES		(771	)		—			(6,135	)		—		(6,906	)
NET CASH USED IN DISCONTINUED OPERATIONS		—			—			(210	)		—		(210	)
NET CASH USED IN INVESTING ACTIVITIES		(771	)		—			(6,345	)		—		(7,116	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper, credit facility, and bank notes, net		(501	)		—			(8	)		—		(509	)
Intercompany borrowings		3,056			1			(3,057	)		—		—
Payments on fixed rate debt		(1,722	)		(350	)		—			—		(2,072	)
Dividends paid		(360	)		—			—			—		(360	)
Proceeds from sale of noncontrolling interest		—			—			2,948			—		2,948
Shares repurchased		(997	)		—			—			—		(997	)
Other		29			37			(45	)		—		21
NET CASH USED IN CONTINUING FINANCING ACTIVITIES		(495	)		(312	)		(162	)		—		(969	)
NET CASH USED IN DISCONTINUED OPERATIONS		—			—			(4	)		—		(4	)
NET CASH USED IN FINANCING ACTIVITIES		(495	)		(312	)		(166	)		—		(973	)
NET INCREASE IN CASH AND CASH EQUIVALENTS		155			3			1,588			—		1,746
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR		—			—			160			—		160
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	155		$	3		$	1,748		$	—	$	1,906

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Year Ended December 31, 2012

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES	$	2,357		$	(40	)	$	5,964		$	—		$	8,281
CASH PROVIDED BY DISCONTINUED OPERATIONS		—			—			223			—			223
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES		2,357			(40	)		6,187			—			8,504
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property		(2,308	)		—			(5,120	)		—			(7,428	)
Additions to gas gathering, transmission, and processing facilities		(48	)		—			(685	)		—			(733	)
Acquisition of Cordillera		(2,666	)		—			—			—			(2,666	)
Equity investment in Yara Pilbara Holdings Pty Limited		—			—			(439	)		—			(439	)
Leasehold and property acquisitions		(1,071	)		—			(232	)		—			(1,303	)
Proceeds from sale of oil and gas properties		25			—			2			—			27
Investment in subsidiaries, net		(657	)		—			—			657			—
Other		(450	)		—			(105	)		—			(555	)
NET CASH PROVIDED BY (USED IN) CONTINUING INVESTING ACTIVITIES		(7,175	)		—			(6,579	)		657			(13,097	)
NET CASH USED IN DISCONTINUED OPERATIONS		—			—			(327	)		—			(327	)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES		(7,175	)		—			(6,906	)		657			(13,424	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper, credit facility, and bank notes, net		502			—			9			—			511
Intercompany borrowings		—			—			697			(697	)		—
Fixed rate debt borrowings		4,978			—			—			—			4,978
Payments on fixed rate debt		(400	)		—			—			—			(400	)
Dividends paid		(332	)		—			—			—			(332	)
Other		29			35			(114	)		40			(10	)
NET CASH PROVIDED BY (USED IN)
CONTINUING FINANCING ACTIVITIES		4,777			35			592			(657	)		4,747
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		—			—			38			—			38
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES		4,777			35			630			(657	)		4,785
NET DECREASE IN CASH AND CASH EQUIVALENTS		(41	)		(5	)		(89	)		—			(135	)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR		41			5			249			—			295
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	—		$	—		$	160		$	—		$	160

Supplemental Condensed Consolidating Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2014

	Apache Corporation		Apache Finance Canada		All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	267	$	—	$	502		$	—		$	769
Receivables, net of allowance		837		—		1,187			—			2,024
Inventories		24		—		684			—			708
Drilling advances		34		1		353			—			388
Assets held for sale		—		—		1,628			—			1,628
Deferred tax asset		612		—		157			—			769
Prepaid assets and other		32		—		97			—			129
Intercompany receivable		4,939		—		—			(4,939	)		—
		6,745		1		4,608			(4,939	)		6,415
PROPERTY AND EQUIPMENT, NET		13,940		—		34,136			—			48,076
OTHER ASSETS:
Intercompany receivable		—		—		608			(608	)		—
Equity in affiliates		25,791		869		444			(27,104	)		—
Goodwill, net		—		—		87			—			87
Deferred charges and other		175		1,002		1,197			(1,000	)		1,374
	$	46,651	$	1,872	$	41,080		$	(33,651	)	$	55,952
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Accounts payable	$	748	$	10	$	452		$	—		$	1,210
Asset retirement obligation		28		—		9			—			37
Other current liabilities		1,014		1		1,402			—			2,417
Intercompany payable		—		—		4,939			(4,939	)		—
		1,790		11		6,802			(4,939	)		3,664
LONG-TERM DEBT		10,947		298		—			—			11,245
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable		608		—		—			(608	)		—
Income taxes		5,076		—		4,423			—			9,499
Asset retirement obligation		211		—		2,837			—			3,048
Other		2,082		250		(973	)		(1,000	)		359
		7,977		250		6,287			(1,608	)		12,906
COMMITMENTS AND CONTINGENCIES APACHE SHAREHOLDERS’ EQUITY		25,937		1,313		25,791			(27,104	)		25,937
Noncontrolling interest		—		—		2,200			—			2,200
TOTAL EQUITY		25,937		1,313		27,991			(27,104	)		28,137
	$	46,651	$	1,872	$	41,080		$	(33,651	)	$	55,952

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2013

	Apache Corporation		Apache Finance Canada		All Other Subsidiaries of Apache Corporation		Reclassifications & Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	155	$	3	$	1,748	$	—		$	1,906
Receivables, net of allowance		1,043		—		1,909		—			2,952
Inventories		48		—		843		—			891
Drilling advances		49		—		322		—			371
Deferred tax asset		68		—		66		—			134
Prepaid assets and other		32		—		80		—			112
Intercompany receivable		5,357		—		—		(5,357	)		—
		6,752		3		4,968		(5,357	)		6,366
PROPERTY AND EQUIPMENT, NET		16,092		—		36,329		—			52,421
OTHER ASSETS:
Intercompany receivable		1,572		—		—		(1,572	)		—
Equity in affiliates		24,743		1,155		449		(26,347	)		—
Goodwill, net		173		—		1,196		—			1,369
Deferred charges and other		166		1,006		1,309		(1,000	)		1,481
	$	49,498	$	2,164	$	44,251	$	(34,276	)	$	61,637
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Accounts payable	$	956	$	2	$	658	$	—		$	1,616
Current debt		—		—		53		—			53
Asset retirement obligation		115		—		6		—			121
Derivative instruments		299		—		—		—			299
Other current liabilities		896		10		1,705		—			2,611
Intercompany payable		—		—		5,357		(5,357	)		—
		2,266		12		7,779		(5,357	)		4,700
LONG-TERM DEBT		9,374		298		—		—			9,672
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable		—		—		1,572		(1,572	)		—
Income taxes		3,586		—		4,778		—			8,364
Asset retirement obligation		430		—		2,671		—			3,101
Other		446		250		711		(1,000	)		407
		4,462		250		9,732		(2,572	)		11,872
COMMITMENTS AND CONTINGENCIES APACHE SHAREHOLDERS’ EQUITY		33,396		1,604		24,743		(26,347	)		33,396
Noncontrolling interest		—		—		1,997		—			1,997
TOTAL EQUITY		33,396		1,604		26,740		(26,347	)		35,393
	$	49,498	$	2,164	$	44,251	$	(34,276	)	$	61,637