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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 1,467 $ 769
Receivables, net of allowance 1,253 2,024
Inventories 570 708
Drilling advances 172 388
Assets held for sale   1,628
Deferred tax asset   769
Prepaid assets and other 290 129
Total current assets 3,752 6,415
Oil and gas, on the basis of full-cost accounting:    
Proved properties 89,069 89,852
Unproved properties and properties under development, not being amortized 2,611 7,014
Gathering, transmission, and processing facilities 1,052 5,440
Other 1,093 1,152
Property and equipment, gross 93,825 103,458
Less: Accumulated depreciation, depletion, and amortization (79,706) (55,382)
Property and equipment, net 14,119 48,076
OTHER ASSETS:    
Deferred charges and other 971 1,461
Total assets 18,842 55,952
CURRENT LIABILITIES:    
Accounts payable 618 1,210
Other current liabilities 1,223 2,454
Total current liabilities 1,841 3,664
LONG-TERM DEBT 8,777 11,245
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 1,072 9,499
Asset retirement obligation 2,562 3,048
Other 362 359
Total deferred credits and other noncurrent liabilities $ 3,996 $ 12,906
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY:    
Common stock, $0.625 par, 860,000,000 shares authorized, 411,218,105 and 409,706,347 shares issued, respectively $ 257 $ 256
Paid-in capital 12,467 12,438
Retained earnings (accumulated deficit) (7,153) 16,249
Treasury stock, at cost, 33,183,930 and 33,201,455 shares, respectively (2,889) (2,890)
Accumulated other comprehensive loss (116) (116)
APACHE SHAREHOLDERS' EQUITY 2,566 25,937
Noncontrolling interest 1,662 2,200
TOTAL EQUITY 4,228 28,137
TOTAL LIABILITIES AND EQUITY $ 18,842 $ 55,952