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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 1,668,000 $ 1,377,000
Receivables, net of allowance 1,345,000 1,128,000
Inventories 368,000 476,000
Drilling advances 207,000 81,000
Prepaid assets and other 137,000 179,000
Total current assets 3,725,000 3,241,000
Oil and gas, on the basis of successful efforts accounting:    
Proved properties 39,197,000 42,693,000
Unproved properties and properties under development 1,783,000 1,969,000
Gathering, transmission, and processing facilities 1,376,000 976,000
Other 1,046,000 1,111,000
Property and equipment, gross 43,402,000 46,749,000
Less: Accumulated depreciation, depletion, and amortization (25,643,000) (27,882,000)
Property and equipment, net 17,759,000 18,867,000
OTHER ASSETS:    
Deferred charges and other 438,000 411,000
Total assets 21,922,000 22,519,000
CURRENT LIABILITIES:    
Accounts payable 641,000 585,000
Current debt 550,000 0
Other current liabilities (Note 5) 1,373,000 1,258,000
Total current liabilities 2,564,000 1,843,000
LONG-TERM DEBT 7,934,000 8,544,000
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 545,000 1,710,000
Asset retirement obligation 1,792,000 2,432,000
Other 296,000 311,000
Total deferred credits and other noncurrent liabilities 2,633,000 4,453,000
COMMITMENTS AND CONTINGENCIES (Note 9)
EQUITY:    
Common stock, $0.625 par, 860,000,000 shares authorized, 414,125,879 and 412,612,102 shares issued, respectively 259,000 258,000
Paid-in capital 12,128,000 12,364,000
Accumulated deficit (2,088,000) (3,385,000)
Treasury stock, at cost, 33,171,015 and 33,172,426 shares, respectively (2,887,000) (2,887,000)
Accumulated other comprehensive income (loss) 4,000 (112,000)
APACHE SHAREHOLDERS’ EQUITY 7,416,000 6,238,000
Noncontrolling interest 1,375,000 1,441,000
TOTAL EQUITY 8,791,000 7,679,000
TOTAL LIABILITIES AND EQUITY $ 21,922,000 $ 22,519,000