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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents ($3 and $450 related to Altus VIE) $ 163 $ 714
Receivables (net of allowance of $86 and $92) 1,070 1,194
Other current assets (Note 5) ($35 and $7 related to Altus VIE) 738 779
Total current assets 1,971 2,687
Oil and gas, on the basis of successful efforts accounting:    
Proved properties 40,114 42,345
Unproved properties and properties under development 1,256 1,435
Gathering, processing, and transmission facilities ($1,457 and $1,251 related to Altus VIE) 2,061 1,856
Other ($38 and nil related to Altus VIE) 1,177 1,120
Property and equipment, gross 44,608 46,756
Less: Accumulated depreciation, depletion, and amortization ($52 and $24 related to Altus VIE) (26,953) (28,335)
Property and equipment, net 17,655 18,421
OTHER ASSETS:    
Equity method interests ($1,095 and $91 related to Altus VIE) 1,095 121
Deferred charges and other ($73 and $71 related to Altus VIE) 684 353
Total assets 21,405 21,582
CURRENT LIABILITIES:    
Accounts payable 661 709
Current debt ($18 and nil related to Altus VIE) 19 151
Other current liabilities (Note 7) ($38 and $85 related to Altus VIE) 1,241 1,341
Total current liabilities 1,921 2,201
LONG-TERM DEBT (Note 10) ($235 and nil related to Altus VIE) 8,393 8,093
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 340 391
Asset retirement obligation ($34 and $29 related to Altus VIE) 1,853 1,866
Other ($98 and nil related to Altus VIE) 491 219
Total deferred credits and other noncurrent liabilities 2,684 2,476
COMMITMENTS AND CONTINGENCIES (Note 11)
REDEEMABLE NONCONTROLLING INTEREST - ALTUS PREFERRED UNIT LIMITED PARTNERS (Note 12) 539 0
EQUITY:    
Common stock, $0.625 par, 860,000,000 shares authorized, 416,986,332 and 415,692,116 shares issued, respectively 261 260
Paid-in capital 11,852 12,106
Accumulated deficit (2,625) (2,048)
Treasury stock, at cost, 40,964,193 and 40,995,894 shares, respectively (3,190) (3,192)
Accumulated other comprehensive income 3 4
APACHE SHAREHOLDERS’ EQUITY 6,301 7,130
TOTAL EQUITY 7,868 8,812
TOTAL LIABILITIES AND EQUITY 21,405 21,582
Noncontrolling interests, Egypt    
EQUITY:    
Noncontrolling interest 1,165 1,275
Noncontrolling interests, Altus    
EQUITY:    
Noncontrolling interest $ 402 $ 407