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STATEMENT OF CONSOLIDATED CHANGES IN EQUITY AND NONCONTROLLING INTERESTS (Unaudited) - USD ($)
$ in Millions
Total
APA SHAREHOLDERS’ EQUITY
Common Stock
Paid-In Capital
Accumulated Deficit
Treasury Stock
Accumulated Other Comprehensive Income
Noncontrolling Interest
Beginning balance at Dec. 31, 2022 $ 1,345 $ 423 $ 262 $ 11,420 $ (5,814) $ (5,459) $ 14 $ 922
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to common stock 623 623     623      
Net income attributable to noncontrolling interest 165             165
Distributions to noncontrolling interest (100)             (100)
Common dividends declared (155) (155)   (155)        
Treasury stock activity, net (188) (188)       (188)    
Other 6 6 1 2     3  
Ending balance at Jun. 30, 2023 1,696 709 263 11,267 (5,191) (5,647) 17 987
Beginning balance at Mar. 31, 2023 1,433 444 263 11,337 (5,572) (5,601) 17 989
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to common stock 381 381     381      
Net income attributable to noncontrolling interest 81             81
Distributions to noncontrolling interest (83)             (83)
Common dividends declared (77) (77)   (77)        
Treasury stock activity, net (46) (46)       (46)    
Other 7 7   7        
Ending balance at Jun. 30, 2023 1,696 709 263 11,267 (5,191) (5,647) 17 987
Beginning balance at Dec. 31, 2023 3,691 2,655 263 11,126 (2,959) (5,790) 15 1,036
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to common stock 673 673     673      
Net income attributable to noncontrolling interest 159             159
Distributions to noncontrolling interest (123)             (123)
Common dividends declared (168) (168)   (168)        
Issuance of common stock 2,414 2,414 44 2,370        
Treasury stock activity, net (144) (144)       (144)    
Other (7) (7) 0 (6)     (1)  
Ending balance at Jun. 30, 2024 6,495 5,423 307 13,322 (2,286) (5,934) 14 1,072
Beginning balance at Mar. 31, 2024 3,653 2,607 263 11,047 (2,827) (5,891) 15 1,046
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to common stock 541 541     541      
Net income attributable to noncontrolling interest 79             79
Distributions to noncontrolling interest (53)             (53)
Common dividends declared (93) (93)   (93)        
Issuance of common stock 2,414 2,414 44 2,370        
Treasury stock activity, net (43) (43)       (43)    
Other (3) (3)   (2)     (1)  
Ending balance at Jun. 30, 2024 $ 6,495 $ 5,423 $ 307 $ 13,322 $ (2,286) $ (5,934) $ 14 $ 1,072