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INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
Schedule of Income (Loss) Before Income Taxes
Income (loss) before income taxes was composed of the following:
 For the Year Ended December 31,    
 202220212020
 (In millions)
U.S.$2,656 $689 $(4,581)
Foreign3,218 1,291 (259)
Total$5,874 $1,980 $(4,840)
Schedule of Total Provision for Income Taxes
The total income tax provision consisted of the following:
 For the Year Ended December 31,    
 202220212020
 (In millions)
Current income taxes:
Federal$1 $16 $(2)
State11 — — 
Foreign1,495 636 178 
1,507 652 176 
Deferred income taxes:
Federal— — — 
Foreign145 (74)(112)
145 (74)(112)
Total$1,652 $578 $64 
Schedule of Reconciliation of Tax of Income Before Income Taxes and Total Tax Expense A reconciliation of the tax on the Company’s income (loss) before income taxes and total tax expense is shown below:
 For the Year Ended December 31,    
 202220212020
 (In millions)
Income tax expense (benefit) at U.S. statutory rate$1,234 $416 $(1,016)
State income tax, less federal effect(1)
9 — — 
Taxes related to foreign operations774 300 97 
Tax credits(4)(10)(13)
Net change in tax contingencies1 16 1 
Goodwill impairment— — 35 
Valuation allowances(1)
(705)(111)965 
Tax adjustments attributable to BCP Business Combination126 — — 
Remeasurement of U.K. deferred tax liability208 — — 
Tax attributable to Altus Preferred Unit limited partners— (34)(16)
All other, net9 1 11 
$1,652 $578 $64 
(1)The change in state valuation allowance is included as a component of state income tax.
Schedule of Net Deferred Tax Liability The net deferred income tax liability consisted of the following as of December 31:
 20222021
 (In millions)
Deferred tax assets:
U.S. and state net operating losses$2,035 $2,494 
Capital losses357 647 
Tax credits and other tax incentives26 24 
Foreign tax credits2,241 2,241 
Accrued expenses and liabilities145 152 
Asset retirement obligation672 712 
Property and equipment— 3 
Investment in Altus Midstream LP— 64 
Net interest expense limitation55 135 
Lease liability113 81 
Decommissioning contingency for sold Gulf of Mexico properties275 263 
Other— 1 
Total deferred tax assets5,919 6,817 
Valuation allowance(4,831)(5,875)
Net deferred tax assets1,088 942 
Deferred tax liabilities:
Equity investments1 2 
Property and equipment1,014 748 
Right-of-use asset110 77 
Decommissioning security for sold Gulf of Mexico properties148 164 
Other90 86 
Total deferred tax liabilities1,363 1,077 
Net deferred income tax liability$275 $135 
Net deferred tax assets and liabilities are included in the consolidated balance sheet as of December 31 as follows:
 20222021
 (In millions)
Assets:
Deferred charges and other$39 $13 
Liabilities:
Income taxes314 148 
Net deferred income tax liability$275 $135 
Schedule of Valuation Allowance Against Certain Foreign Net Deferred Tax Assets and State Net Operating Losses
202220212020
 (In millions)
Balance at beginning of year$5,875 $5,991 $4,959 
State(1)
(111)1 67 
U.S.(706)(112)960 
Foreign(227)(5)5 
Balance at end of year$4,831 $5,875 $5,991 
(1)Reported as a component of state income taxes.
Schedule of Net Operating Losses
On December 31, 2022, the Company had net operating losses as follows:
 Amount    Expiration    
 (In millions) 
U.S.$7,968 2027 - Indefinite
State6,505 Various
Schedule of Foreign Tax Credit Carryforward
On December 31, 2022, the Company had foreign tax credits as follows:
 Amount    Expiration    
 (In millions) 
Foreign tax credits$2,241 2025-2026
Schedule of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:
202220212020
 (In millions)
Balance at beginning of year$116 $93 $82 
Additions based on tax positions related to prior year— 16 — 
Additions based on tax positions related to the current year— 7 11 
Reductions for tax positions of prior years(27)— — 
Balance at end of year$89 $116 $93 
Schedule of Key Jurisdictions of Company's Earliest Open Tax Years Apache’s earliest open tax years in its key jurisdictions are as follows:
Jurisdiction
U.S.2014
Egypt2005
U.K.2021