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CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Cash and cash equivalent $ 247 $ 714
Receivables net of allowance 1,062 1,194
Other current assets (Note 5) ($5 and $7 related to Altus VIE) 652 779
Gathering, processing, and transmission facilities 799 1,856
Other 1,140 1,120
Accumulated depreciation (28,987) (28,335)
Equity method interests 1,258 121
Deferred charges and other 730 353
Current debt 11 151
Other current liabilities 1,149 1,341
Long-term debt 8,555 8,093
Asset retirement obligation 1,811 1,866
Other noncurrent liabilities $ 520 $ 219
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) 417,026,863 415,692,116
Treasury stock, shares (in shares) 40,964,193 40,995,894
Variable Interest Entity, Primary Beneficiary    
Cash and cash equivalent $ 6 $ 450
Receivables net of allowance 88 92
Other current assets (Note 5) ($5 and $7 related to Altus VIE) 5 7
Gathering, processing, and transmission facilities 203 1,251
Other 4 0
Accumulated depreciation (1) (24)
Equity method interests 1,258 91
Deferred charges and other 4 71
Current debt 10 0
Other current liabilities 21 85
Long-term debt 396 0
Asset retirement obligation 60 29
Other noncurrent liabilities $ 107 $ 0