Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 2,950	$ 769
Receivables, net of allowance	1,589	2,024
Inventories	629	708
Drilling advances	193	388
Assets held for sale		1,628
Deferred tax asset	84	769
Prepaid assets and other	48	129
Total current assets	5,493	6,415
Oil and gas, on the basis of full-cost accounting:
Proved properties	84,627	89,852
Unproved properties and properties under development, not being amortized	5,233	7,014
Gathering, transmission and processing facilities	4,299	5,440
Other	1,084	1,152
Property and equipment, gross	95,243	103,458
Less: Accumulated depreciation, depletion, and amortization	(66,928)	(55,382)
Property and equipment, net	28,315	48,076
OTHER ASSETS:
Deferred charges and other	1,504	1,461
Total assets	35,312	55,952
CURRENT LIABILITIES:
Accounts payable	710	1,210
Other current liabilities (Note 3)	1,673	2,454
Total current liabilities	2,383	3,664
LONG-TERM DEBT	9,676	11,245
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Income taxes	2,644	9,499
Asset retirement obligation	2,534	3,048
Other	320	359
Total deferred credits and other noncurrent liabilities	$ 5,498	$ 12,906
COMMITMENTS AND CONTINGENCIES (Note 7)
EQUITY:
Common stock, $0.625 par, 860,000,000 shares authorized, 411,169,515 and 409,706,347 shares issued, respectively	$ 257	$ 256
Paid-in capital	12,483	12,438
Retained earnings	5,809	16,249
Treasury stock, at cost, 33,181,176 and 33,201,455 shares, respectively	(2,889)	(2,890)
Accumulated other comprehensive loss	(116)	(116)
APACHE SHAREHOLDERS' EQUITY	15,544	25,937
Noncontrolling interest	2,211	2,200
TOTAL EQUITY	17,755	28,137
TOTAL LIABILITIES AND EQUITY	$ 35,312	$ 55,952