XML 79 R49.htm IDEA: XBRL DOCUMENT v3.22.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 27, 2021
Dec. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Feb. 22, 2022
Schedule Of Significant Accounting Policies [Line Items]                
Asset impairments         $ 0 $ 208,000,000 $ 4,501,000,000  
Equity method investment impairment   $ 160,000,000     0 160,000,000 0  
Inventory and other         0 48,000,000 27,000,000  
Impairments         0 208,000,000 4,501,000,000  
Goodwill impairment         0 0 87,000,000  
Goodwill   0   $ 0 0 0 0  
Impairment for early termination of drilling rig leases       13,000,000        
Inventory write-downs       5,000,000        
Other asset impairments       9,000,000        
PSC, percentage of gross acreage consolidated 98.00%              
PSC, percentage of gross production consolidated 90.00%              
PSC, development lease term 20 years              
PSC, exploration lease term 5 years              
PSC, cost recovery limit 40.00%              
PSC, fixed profit-sharing rate 30.00%              
Receivables from contracts with customers, net of allowance for doubtful accounts   1,300,000,000     1,300,000,000 1,300,000,000    
Cash and cash equivalent [1]   279,000,000     185,000,000 279,000,000    
Restricted cash   0     0 0    
Oil and gas property impaired, fair value       1,900,000,000     1,900,000,000  
Gathering, processing, and transmission facilities ($209 related to Altus VIE) [1]   673,000,000     449,000,000 673,000,000    
GPT facilities, accumulated depreciation   386,000,000     367,000,000 386,000,000    
Deconsolidated assets               $ 183,000,000
Other property and equipment   225,000,000     206,000,000 225,000,000    
Restructuring cumulative cost incurred to date       79,000,000     79,000,000  
Transaction, reorganization, and separation         26,000,000 22,000,000 54,000,000  
Egypt                
Schedule Of Significant Accounting Policies [Line Items]                
Goodwill impairment     $ 87,000,000          
Reorganization Activities                
Schedule Of Significant Accounting Policies [Line Items]                
Transaction, reorganization, and separation         15,000,000 17,000,000    
Consulting Fees                
Schedule Of Significant Accounting Policies [Line Items]                
Transaction, reorganization, and separation         9,000,000 11,000,000 2,000,000  
Separation costs                
Schedule Of Significant Accounting Policies [Line Items]                
Transaction, reorganization, and separation         6,000,000 6,000,000 51,000,000  
Business Combination Costs                
Schedule Of Significant Accounting Policies [Line Items]                
Transaction, reorganization, and separation         11,000,000 5,000,000    
Office closure                
Schedule Of Significant Accounting Policies [Line Items]                
Transaction, reorganization, and separation             1,000,000  
Oil and gas proved property                
Schedule Of Significant Accounting Policies [Line Items]                
Impairments         0 0 4,319,000,000  
Tangible asset impairment charges       $ 20,000,000 0 0 $ 4,319,000,000  
Oil and gas proved property | Significant Unobservable Inputs (Level 3) | Measurement Input, Discount Rate                
Schedule Of Significant Accounting Policies [Line Items]                
Oil and gas properties, measurement inputs       10.00%     10.00%  
Gathering, processing, and transmission facilities                
Schedule Of Significant Accounting Policies [Line Items]                
Oil and gas property impaired, fair value     46,000,000          
Tangible asset impairment charges     68,000,000   $ 0 0 $ 68,000,000  
Other Property and Equipment | Minimum                
Schedule Of Significant Accounting Policies [Line Items]                
Useful lives of gas gathering, transmission and processing facilities         3 years      
Other Property and Equipment | Maximum                
Schedule Of Significant Accounting Policies [Line Items]                
Useful lives of gas gathering, transmission and processing facilities         20 years      
Altus                
Schedule Of Significant Accounting Policies [Line Items]                
Equity method investment impairment           160,000,000    
Cash and cash equivalent   $ 132,000,000       132,000,000    
United States | Oil and gas proved property                
Schedule Of Significant Accounting Policies [Line Items]                
Impairments     3,900,000,000   $ 0 0 3,938,000,000  
Egypt                
Schedule Of Significant Accounting Policies [Line Items]                
Inventory and other           26,000,000    
Egypt | Oil and gas proved property                
Schedule Of Significant Accounting Policies [Line Items]                
Impairments     354,000,000   0 0 374,000,000  
North Sea                
Schedule Of Significant Accounting Policies [Line Items]                
Inventory and other           22,000,000    
North Sea | Oil and gas proved property                
Schedule Of Significant Accounting Policies [Line Items]                
Impairments     $ 7,000,000   $ 0 $ 0 $ 7,000,000  
Apache Egypt                
Schedule Of Significant Accounting Policies [Line Items]                
Noncontrolling interest, ownership percentage by parent 66.67%              
Apache Egypt | Sinopec                
Schedule Of Significant Accounting Policies [Line Items]                
Ownership percentage         33.33%      
Altus | Third-party investors                
Schedule Of Significant Accounting Policies [Line Items]                
Ownership percentage         21.00%      
Kinetik                
Schedule Of Significant Accounting Policies [Line Items]                
Ownership percentage         10.00%      
[1] (1)    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.