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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 interest - Altus
EQUITY (DEFICIT) ATTRIBUTABLE TO APACHE CORPORATION
Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Noncontrolling Interests
Noncontrolling Interests
Noncontrolling interest – APA Corporation
Noncontrolling Interests
Noncontrolling interest – Sinopec
Noncontrolling Interests
Noncontrolling interest - Altus
[1]
Beginning balance at Dec. 31, 2021 [1]   $ 712                      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Net loss attributable to Altus Preferred Unit limited partners [1]   (70)                      
Deconsolidation of Altus [1]   (642)                      
Ending balance at Jun. 30, 2022 [1]   0                      
Beginning balance at Dec. 31, 2021 $ 260         $ (618) $ 8,677 $ (9,317) $ 22 $ 878 [1]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income attributable to Apache Corporation 2,750         2,750   2,750          
Net income attributable to noncontrolling interest     $ 156 $ 260 $ 14           $ 156 [1] $ 260 [1] $ 14
Distributions to noncontrolling interest – Sinopec       (159)               (159) [1]  
Distributions to APA Corporation (733)         (638) (638)     (95) [1]      
Deconsolidation of Altus (72)                 (72) [1]      
Other 14         14 15   (1)        
Ending balance at Jun. 30, 2022 2,490         1,508 8,054 (6,567) 21 982 [1]      
Ending balance at Jun. 30, 2022 [1]   $ 0                      
Beginning balance at Mar. 31, 2022 1,832         932 8,381 (7,470) 21 900 [2]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income attributable to Apache Corporation 903         903   903          
Net income attributable to noncontrolling interest     85 141 0           85 [2] 141 [2]  
Distributions to noncontrolling interest – Sinopec       (90)               (90) [2]  
Distributions to APA Corporation (387)         (333) (333)     (54) [2]      
Other 6         6 6            
Ending balance at Jun. 30, 2022 2,490         1,508 8,054 (6,567) 21 982 [1]      
Beginning balance at Dec. 31, 2022 3,242         2,258 8,025 (5,781) 14 984 [1]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income attributable to Apache Corporation 427         427   427          
Net income attributable to noncontrolling interest     165 165 0           165 [1] 165 [1]  
Distributions to noncontrolling interest – Sinopec       (100)               (100) [1]  
Distributions to APA Corporation (100)                 (100) [1]      
Other 15         15 12   3        
Ending balance at Jun. 30, 2023 3,814         2,700 8,037 (5,354) 17 1,114 [2]      
Beginning balance at Mar. 31, 2023 3,522         2,404 8,031 (5,644) 17 1,118 [2]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income attributable to Apache Corporation 290         290   290          
Net income attributable to noncontrolling interest     $ 81 81 $ 0           $ 81 [2] 81 [2]  
Distributions to noncontrolling interest – Sinopec       $ (83)               $ (83) [2]  
Distributions to APA Corporation (83)                 (83) [2]      
Other 6         6 6            
Ending balance at Jun. 30, 2023 $ 3,814         $ 2,700 $ 8,037 $ (5,354) $ 17 $ 1,114 [2]      
[1] As a result of the BCP Business Combination (as defined herein), the Company deconsolidated Altus (as defined herein) on February 22, 2022. Refer to Note 1—Summary of Significant Accounting Policies and Note 3—Acquisitions and Divestitures for further detail.
[2] As a result of the BCP Business Combination (as defined herein), the Company deconsolidated Altus (as defined herein) on February 22, 2022. Refer to Note 1—Summary of Significant Accounting Policies and Note 3—Acquisitions and Divestitures for further detail.