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STATEMENT OF CONSOLIDATED CHANGES IN EQUITY (DEFICIT) AND NONCONTROLLING INTERESTS (Unaudited) - USD ($)
$ in Millions
Total
Redeemable Noncontrolling Interest - Altus Preferred Unit Limited Partners
Noncontrolling interest, APA Corporation
Noncontrolling Interest, Sinopec
Noncontrolling interests, Altus
PARENT COMPANY EQUITY (DEFICIT)
Common Stock
Paid-In Capital
Accumulated Deficit
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Noncontrolling Interests
Noncontrolling interest, APA Corporation
Noncontrolling Interests
Noncontrolling Interest, Sinopec
[1]
Noncontrolling Interests
Noncontrolling interests, Altus
[1]
Beginning balance at Dec. 31, 2020 [1]   $ 608                          
Increase (Decrease) in Temporary Equity [Roll Forward]                              
Net income attributable to Altus Preferred Unit holders [1]   19                          
Cash distributions to Altus Preferred Unit limited partners   (11) [1]   $ (40)                   $ (40)  
Distributions payable to Altus Preferred Unit limited partners [1]   (11)                          
Ending balance at Mar. 31, 2021 [1]   605                          
Beginning balance at Dec. 31, 2020 $ (645)         $ (1,639) $ 262 $ 11,735 $ (10,461) $ (3,189) $ 14 $ 994 [1]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income attributable to APA Corporation 397         397     397            
Net income attributable to noncontrolling interest     $ 0 42 $ 1                 42 $ 1
Distributions paid to Altus Preferred Unit limited partners   (11) [1]   (40)                   (40)  
Common dividends (9)         (9)   (9)              
APA Corporation share exchange 0           (262) (2,927)   3,189          
Holding Company Reorganization 839         839   757 82            
Other 2         2   1     1        
Ending balance at Mar. 31, 2021 587         (410) 0 9,557 (9,982) 0 15 997 [1]      
Beginning balance at Dec. 31, 2020 [1]   608                          
Ending balance at Dec. 31, 2021 712 [2] 712 [1]                          
Beginning balance at Dec. 31, 2020 (645)         (1,639) 262 11,735 (10,461) (3,189) 14 994 [1]      
Ending balance at Dec. 31, 2021 260 [2]         (618) 0 8,677 (9,317) 0 22 878 [1]      
Increase (Decrease) in Temporary Equity [Roll Forward]                              
Net income attributable to Altus Preferred Unit holders [1]   (70)                          
Cash distributions to Altus Preferred Unit limited partners       (69)                   (69)  
Deconsolidation of Altus   (642) [1]     (72)                   (72)
Ending balance at Mar. 31, 2022 0 [2] 0 [1]                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income attributable to APA Corporation 1,847         1,847     1,847            
Net income attributable to noncontrolling interest     $ 71 119 14               $ 71 119 14
Distributions paid to Altus Preferred Unit limited partners       $ (69)                   $ (69)  
Distributions to APA Corporation (346)         (305)   (305)       (41)      
Deconsolidation of Altus   $ (642) [1]     $ (72)                   $ (72)
Other 8         8   9 0   (1) 0 [1]      
Ending balance at Mar. 31, 2022 $ 1,832 [2]         $ 932 $ 0 $ 8,381 $ (7,470) $ 0 $ 21 $ 900 [1]      
[1] As a result of the BCP Business Combination, the Company deconsolidated Altus on February 22, 2022. Refer to Note 1—Summary of Significant Accounting Policies and Note 3—Acquisitions and Divestitures for further detail.
[2] The Altus VIE amounts are disclosed as of December 31, 2021. All Altus balances were deconsolidated as of February 22, 2022. Refer to Note 1—Summary of Significant Accounting Policies and Note 3—Acquisitions and Divestitures for further detail.