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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 593 $ 1,668
Receivables, net of allowance 1,457 1,345
Inventories 362 368
Drilling advances 229 207
Prepaid assets and other 144 137
Total current assets 2,785 3,725
Oil and gas, on the basis of successful efforts accounting:    
Proved properties 41,518 39,197
Unproved properties and properties under development 1,704 1,783
Gathering, transmission and processing facilities 1,742 1,376
Other 1,081 1,046
Property and equipment, gross 46,045 43,402
Less: Accumulated depreciation, depletion, and amortization (27,399) (25,643)
Property and equipment, net 18,646 17,759
OTHER ASSETS:    
Deferred charges and other 439 438
Total assets 21,870 21,922
CURRENT LIABILITIES:    
Accounts payable 744 641
Current debt 150 550
Other current liabilities (Note 5) 1,313 1,373
Total current liabilities 2,207 2,564
LONG-TERM DEBT 8,053 7,934
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 502 545
Asset retirement obligation 1,867 1,792
Other 295 296
Total deferred credits and other noncurrent liabilities 2,664 2,633
COMMITMENTS AND CONTINGENCIES (Note 9)
EQUITY:    
Common stock, $0.625 par, 860,000,000 shares authorized, 415,660,982 and 414,125,879 shares issued, respectively 260 259
Paid-in capital 11,945 12,128
Accumulated deficit (1,667) (2,088)
Treasury stock, at cost, 34,092,692 and 33,171,015 shares, respectively (2,930) (2,887)
Accumulated other comprehensive income 4 4
APACHE SHAREHOLDERS’ EQUITY 7,612 7,416
Noncontrolling interest 1,334 1,375
TOTAL EQUITY 8,946 8,791
TOTAL LIABILITIES AND EQUITY $ 21,870 $ 21,922