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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 28 $ 22
Accounts receivable    
Customer, net of allowance of $1 in 2015 and less than $1 in 2014 209 234
Other, net of allowance of $1 in 2015 and 2014 18 38
Income tax receivable 1 24
Materials and supplies 25 25
Derivative instruments 672 752
Prepaid assets 8 7
Total current assets 961 1,102
Property, plant and equipment, at cost    
Oil and natural gas properties 11,359 10,241
Other property, plant and equipment 81 76
Total property, plant and equipment, at cost 11,440 10,317
Less accumulated depreciation, depletion and amortization 2,316 1,589
Total property, plant and equipment, net 9,124 8,728
Other assets    
Derivative instruments 181 297
Unamortized debt issue costs 84 90
Other 2 2
Total other assets 267 389
Total assets 10,352 10,219
Accounts payable    
Trade 102 142
Other 213 403
Deferred income taxes 233 251
Derivative instruments 1 1
Accrued interest 102 53
Asset retirement obligations 1 2
Other accrued liabilities 48 47
Total current liabilities 700 899
Long-term debt 4,931 4,598
Other long-term liabilities    
Deferred income taxes 331 327
Asset retirement obligations 39 40
Other 6 7
Total non-current liabilities $ 5,307 $ 4,972
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $0.01 par value; 50 million shares authorized; no shares issued or outstanding $ 0 $ 0
Additional paid-in capital 3,524 3,510
Retained earnings 819 836
Total stockholders’ equity 4,345 4,348
Total liabilities and equity 10,352 10,219
Class A    
Stockholders’ equity    
Common Stock 2 2
Total stockholders’ equity 2 2
Class B    
Stockholders’ equity    
Common Stock 0 0
Total stockholders’ equity $ 0 $ 0