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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 1,230 $ 1,467 [1]
Receivables, net of allowance 1,064 1,253 [1]
Inventories 513 570 [1]
Drilling advances 209 172 [1]
Prepaid assets and other 256 290 [1]
Total current assets 3,272 3,752 [1]
Oil and gas, on the basis of successful efforts accounting:    
Proved properties 42,591 41,728 [1]
Unproved properties and properties under development, not being amortized 2,061 2,277 [1]
Gathering, transmission and processing facilities 886 1,052 [1]
Other 1,102 1,093 [1]
Property and equipment, gross 46,640 46,150 [1]
Less: Accumulated depreciation, depletion, and amortization (27,178) (25,312) [1]
Property and equipment, net 19,462 20,838 [1]
OTHER ASSETS:    
Deferred charges and other 415 910 [1]
Total assets 23,149 25,500 [1]
CURRENT LIABILITIES:    
Accounts payable 557 618 [1]
Other current liabilities (Note 5) 1,071 1,223 [1]
Total current liabilities 1,628 1,841 [1]
LONG-TERM DEBT 8,721 8,716 [1]
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 1,783 2,529 [1]
Asset retirement obligation 2,742 2,562 [1]
Other 326 362 [1]
Total deferred credits and other noncurrent liabilities 4,851 5,453 [1]
COMMITMENTS AND CONTINGENCIES (Note 9)
EQUITY:    
Common stock, $0.625 par, 860,000,000 shares authorized, 412,602,756 and 411,218,105 shares issued, respectively 258 257 [1]
Paid-in capital 12,421 12,619 [1]
Accumulated deficit (3,203) (1,980) [1]
Treasury stock, at cost, 33,173,422 and 33,183,930 shares, respectively (2,888) (2,889) [1]
Accumulated other comprehensive loss (119) (119) [1]
APACHE SHAREHOLDERS’ EQUITY 6,469 7,888 [1]
Noncontrolling interest 1,480 1,602 [1]
TOTAL EQUITY 7,949 9,490 [1]
TOTAL LIABILITIES AND EQUITY $ 23,149 $ 25,500 [1]
[1] Financial information for 2015 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.