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CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Cash and cash equivalent $ 262 $ 247
Receivables net of allowance 908 1,062
Other current assets (Note 5) ($5 and $5 related to Altus VIE) 676 652
Gathering, processing, and transmission facilities ($206 and $203 related to Altus VIE) 670 799
Other property and equipment 1,140 1,140
Accumulated depreciation 34,810 28,987
Equity method interests 1,555 1,258
Deferred charges and other 526 730
Current debt 2 11
Other current liabilities 862 1,149
Long-term debt 8,770 8,555
Asset retirement obligation 1,888 1,811
Other noncurrent liabilities $ 602 $ 520
Common stock, par value (in USD per share) $ 0.625 $ 0.625
Common stock, shares authorized (in shares) 860,000,000 860,000,000
Common stock, shares issued (in shares) 418,429,375 417,026,863
Treasury stock, shares (in shares) 40,946,745 40,964,193
Variable Interest Entity, Primary Beneficiary    
Cash and cash equivalent $ 24 $ 6
Receivables net of allowance 95 88
Other current assets (Note 5) ($5 and $5 related to Altus VIE) 5 5
Gathering, processing, and transmission facilities ($206 and $203 related to Altus VIE) 206 203
Other property and equipment 3 4
Accumulated depreciation 13 1
Equity method interests 1,555 1,258
Deferred charges and other 5 4
Current debt 0 10
Other current liabilities 4 21
Long-term debt 624 396
Asset retirement obligation 64 60
Other noncurrent liabilities $ 144 $ 107