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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 1,655 $ 769
Receivables, net of allowance 1,332 2,024
Inventories 667 708
Drilling advances 186 388
Assets held for sale 79 1,628
Deferred tax asset 84 769
Prepaid assets and other 76 129
Total current assets 4,079 6,415
Oil and gas, on the basis of full-cost accounting:    
Proved properties 85,967 89,852
Unproved properties and properties under development, not being amortized 4,857 7,014
Gathering, transmission and processing facilities 4,226 5,440
Other 1,071 1,152
Property and equipment, gross 96,121 103,458
Less: Accumulated depreciation, depletion, and amortization (73,744) (55,382)
Property and equipment, net 22,377 48,076
OTHER ASSETS:    
Deferred charges and other 1,356 1,461
Total assets 27,812 55,952
CURRENT LIABILITIES:    
Accounts payable 659 1,210
Other current liabilities (Note 3) 1,508 2,454
Total current liabilities 2,167 3,664
LONG-TERM DEBT 8,777 11,245
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 1,997 9,499
Asset retirement obligation 2,567 3,048
Other 332 359
Total deferred credits and other noncurrent liabilities $ 4,896 $ 12,906
COMMITMENTS AND CONTINGENCIES (Note 7)
EQUITY:    
Common stock, $0.625 par, 860,000,000 shares authorized, 411,200,325 and 409,706,347 shares issued, respectively $ 257 $ 256
Paid-in capital 12,497 12,438
Retained earnings 60 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 9,809 25,937
Noncontrolling interest 2,163 2,200
TOTAL EQUITY 11,972 28,137
TOTAL LIABILITIES AND EQUITY $ 27,812 $ 55,952