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BUSINESS SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Financial Segment Information
Financial information for each area is presented below:
 
 
 
United
States
 
Canada(1)
 
Egypt(2)
 
North Sea
 
Other
International
 
Total
 
 
(In millions)
For the Quarter Ended September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
550

 
$
36

 
$
543

 
$
260

 
$
—

 
$
1,389

Operating Income (Loss)(3)
 
$
(114
)
 
$
(1
)
 
$
226

 
$
16

 
$
(1
)
 
$
126

Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Gain on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
296

Derivative instrument losses, net
 
 
 
 
 
 
 
 
 
 
 
(110
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(98
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(20
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(101
)
Income Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
93

 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
1,593

 
$
231

 
$
1,655

 
$
768

 
$
—

 
$
4,247

Operating Income (Loss)(3)
 
$
(71
)
 
$
(33
)
 
$
740

 
$
59

 
$
(24
)
 
$
671

Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Gain on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
616

Derivative instrument losses, net
 
 
 
 
 
 
 
 
 
 
 
(69
)
Other
 
 
 
 
 
 
 
 
 
 
 
43

General and administrative
 
 
 
 
 
 
 
 
 
 
 
(307
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(14
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(300
)
Income Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
640

Total Assets
 
$
13,105

 
$
—

 
$
4,906

 
$
3,770

 
$
54

 
$
21,835

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United
States
 
Canada(1)
 
Egypt(2)
 
North Sea
 
Other
International
 
Total
 
 
(In millions)
For the Quarter Ended September 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
524

 
$
87

 
$
581

 
$
247

 
$
—

 
$
1,439

Operating Income (Loss)(4)
 
$
(17
)
 
$
(466
)
 
$
263

 
$
(455
)
 
$
(13
)
 
$
(688
)
Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Gain on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
5

Other
 
 
 
 
 
 
 
 
 
 
 
(6
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(102
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(12
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(102
)
Loss From Continuing Operations Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
(905
)
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
1,453

 
$
243

 
$
1,515

 
$
701

 
$
—

 
$
3,912

Operating Income (Loss)(4)
 
$
(283
)
 
$
(586
)
 
$
525

 
$
(557
)
 
$
(13
)
 
$
(914
)
Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Gain on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
21

Other
 
 
 
 
 
 
 
 
 
 
 
(30
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(298
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(36
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(311
)
Loss From Continuing Operations Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
(1,568
)
Total Assets
 
$
12,299

 
$
1,630

 
$
5,320

 
$
3,851

 
$
49

 
$
23,149

(1)
During the third quarter of 2017, Apache completed the sale of its Canadian operations. For more information regarding this divestiture, please refer to Note 2—Acquisitions and Divestitures.
(2)
Includes a noncontrolling interest in Egypt.
(3)
Operating income (loss) consists of oil and gas production revenues less lease operating expenses, gathering and transportation costs, taxes other than income, exploration costs, depreciation, depletion, and amortization, asset retirement obligation accretion, and impairments. The operating income (loss) of U.S. includes leasehold impairments totaling $160 million for the third quarter of 2017. The operating income (loss) of U.S., Canada, and North Sea includes leasehold and other asset impairments totaling $212 million, $2 million, and $8 million, respectively, for the first nine months of 2017.
(4)
The operating income (loss) of U.S., Canada, and North Sea includes leasehold, property, and other asset impairments totaling $46 million, $423 million, and $481 million, respectively, for the third quarter of 2016. The operating income (loss) of U.S., Canada, and North Sea includes leasehold, property, and other asset impairments totaling $212 million, $433 million, and $586 million, respectively, for the first nine months of 2016.