Supplemental Guarantor Information (Tables)

9 Months Ended

Sep. 30, 2016

Guarantees [Abstract]

Supplemental Condensed Consolidating Statement of Operations

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Quarter Ended September 30, 2016

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	274		$	—		$	1,165		$	—	$	1,439
Equity in net income (loss) of affiliates	(493		)	(205		)	—			698		—
Other	5			7			(18		)	—		(6		)
Gain (loss) on divestiture	3			—			2			—		5
	(211		)	(198		)	1,149			698		1,438
OPERATING EXPENSES:
Lease operating expenses	74			—			308			—		382
Gathering and transportation	6			—			45			—		51
Taxes other than income	23			—			(14		)	—		9
Exploration	58			—			103			—		161
General and administrative	87			—			15			—		102
Depreciation, depletion, and amortization	154			—			494			—		648
Asset retirement obligation accretion	5			—			35			—		40
Impairments	—			—			836			—		836
Transaction, reorganization, and separation	12			—			—			—		12
Financing costs, net	63			6			33			—		102
	482			6			1,855			—		2,343
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(693		)	(204		)	(706		)	698		(905		)
Provision (benefit) for income taxes	(119		)	1			(261		)	—		(379		)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(574		)	(205		)	(445		)	698		(526		)
Net loss from discontinued operations, net of tax	(33		)	—			—			—		(33		)
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(607		)	(205		)	(445		)	698		(559		)
Net income attributable to noncontrolling interest	—			—			48			—		48
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(607	)	$	(205	)	$	(493	)	$	698	$	(607	)

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Quarter Ended September 30, 2015

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	344		$	—		$	1,262		$	—	$	1,606
Equity in net income (loss) of affiliates	(2,247		)	(92		)	—			2,339		—
Other	(62		)	14			(27		)	—		(75		)
Gain (loss) on divestiture	(7		)	—			2			—		(5		)
	(1,972		)	(78		)	1,237			2,339		1,526
OPERATING EXPENSES:
Lease operating expenses	97			—			353			—		450
Gathering and transportation	9			—			49			—		58
Taxes other than income	30			—			74			—		104
Exploration	139			—			84			—		223
General and administrative	76			—			13			—		89
Depreciation, depletion, and amortization	257			—			615			—		872
Asset retirement obligation accretion	4			—			33			—		37
Impairments	2,177			—			1,726			—		3,903
Financing costs, net	160			10			(10		)	—		160
	2,949			10			2,937			—		5,896
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(4,921		)	(88		)	(1,700		)	2,339		(4,370		)
Provision (benefit) for income taxes	(785		)	4			530			—		(251		)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(4,136		)	(92		)	(2,230		)	2,339		(4,119		)
Net income (loss) from discontinued operations, net of tax	(7		)	—			(10		)	—		(17		)
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(4,143		)	(92		)	(2,240		)	2,339		(4,136		)
Net income attributable to noncontrolling interest	—			—			7			—		7
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(4,143	)	$	(92	)	$	(2,247	)	$	2,339	$	(4,143	)

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	761		$	—		$	3,151		$	—	$	3,912
Equity in net income (loss) of affiliates	(677		)	(225		)	—			902		—
Other	11			28			(69		)	—		(30		)
Gain (loss) on divestiture	1			—			20			—		21
	96			(197		)	3,102			902		3,903
OPERATING EXPENSES:
Lease operating expenses	218			—			901			—		1,119
Gathering and transportation	25			—			130			—		155
Taxes other than income	66			—			19			—		85
Exploration	184			—			163			—		347
General and administrative	250			—			48			—		298
Depreciation, depletion, and amortization	469			—			1,526			—		1,995
Asset retirement obligation accretion	14			—			102			—		116
Impairments	61			—			948			—		1,009
Transaction, reorganization, and separation	36			—			—			—		36
Financing costs, net	188			23			100			—		311
	1,511			23			3,937			—		5,471
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(1,415		)	(220		)	(835		)	902		(1,568		)
Provision (benefit) for income taxes	(225		)	5			(251		)	—		(471		)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(1,190		)	(225		)	(584		)	902		(1,097		)
Net loss from discontinued operations, net of tax	(33		)	—			—			—		(33		)
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(1,223		)	(225		)	(584		)	902		(1,130		)
Net income attributable to noncontrolling interest	—			—			93			—		93
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(1,223	)	$	(225	)	$	(677	)	$	902	$	(1,223	)

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	1,143		$	—		$	4,113		$	—	$	5,256
Equity in net income (loss) of affiliates	(3,664		)	(154		)	—			3,818		—
Other	(107		)	40			(5		)	19		(53		)
Gain (loss) on divestiture	(36		)	—			240			—		204
	(2,664		)	(114		)	4,348			3,837		5,407
OPERATING EXPENSES:
Lease operating expenses	329			—			1,069			—		1,398
Gathering and transportation	25			—			138			—		163
Taxes other than income	97			—			135			—		232
Exploration	399			—			307			—		706
General and administrative	214			—			51			19		284
Depreciation, depletion, and amortization	751			—			1,741			—		2,492
Asset retirement obligation accretion	11			—			98			—		109
Impairments	3,543			—			2,784			—		6,327
Transaction, reorganization, and separation	120			—			—			—		120
Financing costs, net	375			31			(5		)	—		401
	5,864			31			6,318			19		12,232
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(8,528		)	(145		)	(1,970		)	3,818		(6,825		)
Provision (benefit) for income taxes	(2,370		)	9			1,640			—		(721		)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(6,158		)	(154		)	(3,610		)	3,818		(6,104		)
Net income (loss) from discontinued operations, net of tax	(179		)	—			44			—		(135		)
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(6,337		)	(154		)	(3,566		)	3,818		(6,239		)
Net income attributable to noncontrolling interest	—			—			98			—		98
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(6,337	)	$	(154	)	$	(3,664	)	$	3,818	$	(6,337	)

Supplemental Condensed Consolidating Statement of Cash Flows

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Nine Months Ended September 30, 2016

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	$	269		$	(1	)	$	1,366		$	—		$	1,634
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(929		)	—			(352		)	—			(1,281		)
Leasehold and property acquisitions	(98		)	—			(71		)	—			(169		)
Additions to gas gathering, transmission, and processing facilities	(32		)	—			(1		)	—			(33		)
Proceeds from sale of other oil and gas properties	54			—			20			—			74
Investment in subsidiaries, net	824			—			—			(824		)	—
Other	(7		)	—			54			—			47
NET CASH USED IN INVESTING ACTIVITIES	(188		)	—			(350		)	(824		)	(1,362		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Intercompany borrowings	—			(23		)	(801		)	824			—
Payment of fixed-rate debt	—			—			(1		)	—			(1		)
Distributions to noncontrolling interest	—			—			(215		)	—			(215		)
Common stock activity, net	—			24			(24		)	—			—
Dividends paid	(284		)	—			—			—			(284		)
Other	2			—			(11		)	—			(9		)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(282		)	1			(1,052		)	824			(509		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(201		)	—			(36		)	—			(237		)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	378			—			1,089			—			1,467
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	177		$	—		$	1,053		$	—		$	1,230

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Nine Months Ended September 30, 2015

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES	$	(135	)	$	(25	)	$	2,540		$	—		$	2,380
CASH PROVIDED BY DISCONTINUED OPERATIONS	—			—			113			—			113
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(135		)	(25		)	2,653			—			2,493
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(1,320		)	—			(2,242		)	—			(3,562		)
Leasehold and property acquisitions	(243		)	—			(11		)	—			(254		)
Additions to gas gathering, transmission, and processing facilities	(25		)	—			(88		)	—			(113		)
Proceeds from sale Kitimat LNG	—			—			854			—			854
Proceeds from sale of other oil and gas properties	8			—			140			—			148
Investment in subsidiaries, net	274			—			—			(274		)	—
Other	(16		)	—			(83		)	—			(99		)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES	(1,322		)	—			(1,430		)	(274		)	(3,026		)
NET CASH PROVIDED BY DISCONTINUED OPERATIONS	—			—			4,372			—			4,372
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(1,322		)	—			2,942			(274		)	1,346
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper and bank credit facilities, net	(1,570		)	—			—			—			(1,570		)
Payment of fixed-rate debt	(939		)	—			—			—			(939		)
Intercompany borrowings	4,431			(10		)	(4,695		)	274			—
Distributions to noncontrolling interest	—			—			(97		)	—			(97		)
Dividends paid	(283		)	—			—			—			(283		)
Other	2			35			(11		)	—			26
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES	1,641			25			(4,803		)	274			(2,863		)
NET CASH USED IN DISCONTINUED OPERATIONS	—			—			—			—			—
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	1,641			25			(4,803		)	274			(2,863		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	184			—			792			—			976
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	267			—			412			—			679
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	451		$	—		$	1,204		$	—		$	1,655

Supplemental Condensed Consolidating Balance Sheet

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET

September 30, 2016

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation		Reclassifications & Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	177		$	—		$	1,053	$	—		$	1,230
Receivables, net of allowance	311			—			753		—			1,064
Inventories	32			—			481		—			513
Drilling advances	5			—			204		—			209
Deferred tax asset	(28		)	—			28		—			—
Prepaid assets and other	191			—			65		—			256
Intercompany receivable	5,418			—			—		(5,418		)	—
	6,106			—			2,584		(5,418		)	3,272
PROPERTY AND EQUIPMENT, NET	7,069			—			12,393		—			19,462
OTHER ASSETS:
Intercompany receivable	—			—			12,034		(12,034		)	—
Equity in affiliates	15,415			(1,289		)	703		(14,829		)	—
Deferred charges and other	95			1,000			320		(1,000		)	415
	$	28,685		$	(289	)	$	28,034	$	(33,281	)	$	23,149
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	338		$	(13	)	$	232	$	—		$	557
Other current liabilities	468			8			595		—			1,071
Intercompany payable	—			—			5,418		(5,418		)	—
	806			(5		)	6,245		(5,418		)	1,628
LONG-TERM DEBT	8,424			297			—		—			8,721
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	12,034			—			—		(12,034		)	—
Income taxes	(230		)	5			2,008		—			1,783
Asset retirement obligation	280			—			2,462		—			2,742
Other	902			—			424		(1,000		)	326
	12,986			5			4,894		(13,034		)	4,851
COMMITMENTS AND CONTINGENCIES
APACHE SHAREHOLDERS’ EQUITY	6,469			(586		)	15,415		(14,829		)	6,469
Noncontrolling interest	—			—			1,480		—			1,480
TOTAL EQUITY	6,469			(586		)	16,895		(14,829		)	7,949
	$	28,685		$	(289	)	$	28,034	$	(33,281	)	$	23,149

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2015

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation		Reclassifications & Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	378		$	—		$	1,089	$	—		$	1,467
Receivables, net of allowance	314			—			939		—			1,253
Inventories	34			—			536		—			570
Drilling advances	16			—			156		—			172
Prepaid assets and other	102			—			188		—			290
Intercompany receivable	5,212			—			—		(5,212		)	—
	6,056			—			2,908		(5,212		)	3,752
PROPERTY AND EQUIPMENT, NET	6,546			—			14,292		—			20,838
OTHER ASSETS:
Intercompany receivable	—			—			10,744		(10,744		)	—
Equity in affiliates	16,092			(807		)	446		(15,731		)	—
Deferred charges and other	96			1,001			813		(1,000		)	910
	$	28,790		$	194		$	29,203	$	(32,687	)	$	25,500
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	409		$	—		$	209	$	—		$	618
Other current liabilities	539			3			681		—			1,223
Intercompany payable	—			—			5,212		(5,212		)	—
	948			3			6,102		(5,212		)	1,841
LONG-TERM DEBT	8,418			298			—		—			8,716
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	10,744			—			—		(10,744		)	—
Income taxes	(412		)	4			2,937		—			2,529
Asset retirement obligation	271			—			2,291		—			2,562
Other	933			250			179		(1,000		)	362
	11,536			254			5,407		(11,744		)	5,453
COMMITMENTS AND CONTINGENCIES
APACHE SHAREHOLDERS’ EQUITY	7,888			(361		)	16,092		(15,731		)	7,888
Noncontrolling interest	—			—			1,602		—			1,602
TOTAL EQUITY	7,888			(361		)	17,694		(15,731		)	9,490
	$	28,790		$	194		$	29,203	$	(32,687	)	$	25,500