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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 92 $ 185
Other current assets (Note 6) 880 993
Total current assets 2,718 2,602
PROPERTY AND EQUIPMENT:    
Oil and gas properties 42,537 41,245
Gathering, processing, and transmission facilities 447 449
Other 613 613
Less: Accumulated depreciation, depletion, and amortization (35,319) (34,350)
Property and equipment, net 8,278 7,957
OTHER ASSETS:    
Equity method interests (Note 7) 681 624
Decommissioning security for sold Gulf of Mexico properties (Note 12) 38 217
Deferred charges and other 519 571
Assets 14,799 14,255
CURRENT LIABILITIES:    
Accounts payable 640 646
Current debt 2 2
Other current liabilities (Note 8) 1,843 2,049
Total current liabilities 2,485 2,697
LONG-TERM DEBT (Note 10) 4,814 4,885
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 299 314
Asset retirement obligation (Note 9) 2,000 1,936
Decommissioning contingency for sold Gulf of Mexico properties (Note 12) 470 738
Other 439 443
Total deferred credits and other noncurrent liabilities 3,208 3,431
EQUITY:    
Common stock, $0.625 par, 1,000 and 1,000 shares authorized, respectively, 1,000 and 1,000 shares issued, respectively 0 0
Paid-in capital 8,044 8,025
Accumulated deficit (4,967) (5,781)
Accumulated other comprehensive income 17 14
EQUITY ATTRIBUTABLE TO APACHE CORPORATION 3,094 2,258
TOTAL EQUITY 4,292 3,242
Liabilities and Equity, Total 14,799 14,255
Nonrelated Party    
CURRENT ASSETS:    
Receivables, net of allowance of $103 and $117 1,700 1,424
Affiliated Entity    
CURRENT ASSETS:    
Receivables, net of allowance of $103 and $117 46 0
OTHER ASSETS:    
Noncurrent receivable from APA Corporation (Note 2) 0 869
Notes receivable from APA Corporation (Note 2) 2,565 1,415
Noncontrolling interest – Sinopec    
EQUITY:    
Noncontrolling interest 1,029 922
Noncontrolling interest – APA Corporation    
EQUITY:    
Noncontrolling interest $ 169 $ 62