Supplemental Guarantor Information (Tables)

3 Months Ended

Mar. 31, 2016

Guarantees [Abstract]

Supplemental Condensed Consolidating Statement of Operations

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Quarter Ended March 31, 2016

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	217		$	—		$	843		$	—	$	1,060
Equity in net income of affiliates	(414		)	(47		)	—			461		—
Other	151			12			(171		)	—		(8		)
	(46		)	(35		)	672			461		1,052
OPERATING EXPENSES:
Depreciation, depletion, and amortization	428			—			654			—		1,082
Asset retirement obligation accretion	4			—			34			—		38
Lease operating expenses	78			—			300			—		378
Gathering and transportation	8			—			44			—		52
Taxes other than income	21			—			(10		)	—		11
General and administrative	77			—			16			—		93
Transaction, reorganization, and separation	15			—			—			—		15
Financing costs, net	67			10			13			—		90
	698			10			1,051			—		1,759
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(744		)	(45		)	(379		)	461		(707		)
Provision (benefit) for income taxes	(12		)	2			(136		)	—		(146		)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(732		)	(47		)	(243		)	461		(561		)
Net income (loss) from discontinued operations, net of tax	—			—			—			—		—
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(732		)	(47		)	(243		)	461		(561		)
Net loss attributable to noncontrolling interest	—			—			(72		)	—		(72		)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(732	)	$	(47	)	$	(171	)	$	461	$	(489	)

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Quarter Ended March 31, 2015

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	365		$	—		$	1,273		$	—	$	1,638
Equity in net income (loss) of affiliates	(1,085		)	(654		)	1			1,738		—
Other	(40		)	14			18			—		(8		)
	(760		)	(640		)	1,292			1,738		1,630
OPERATING EXPENSES:
Depreciation, depletion, and amortization	5,499			—			2,803			—		8,302
Asset retirement obligation accretion	4			—			32			—		36
Lease operating expenses	124			—			357			—		481
Gathering and transportation	9			—			47			—		56
Taxes other than income	34			—			40			—		74
General and administrative	64			—			18			—		82
Transaction, reorganization, and separation	54			—			—			—		54
Financing costs, net	52			10			7			—		69
	5,840			10			3,304			—		9,154
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(6,600		)	(650		)	(2,012		)	1,738		(7,524		)
Provision (benefit) for income taxes	(1,949		)	3			(1,074		)	—		(3,020		)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(4,651		)	(653		)	(938		)	1,738		(4,504		)
Net loss from discontinued operations, net of tax	—			—			(132		)	—		(132		)
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(4,651		)	(653		)	(1,070		)	1,738		(4,636		)
Net income attributable to noncontrolling interest	—			—			15			—		15
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(4,651	)	$	(653	)	$	(1,085	)	$	1,738	$	(4,651	)

Supplemental Condensed Consolidating Statement of Cash Flows

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Three Months Ended March 31, 2016

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
CASH PROVIDED BY OPERATING ACTIVITIES	81			11			184			—			276
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(118		)	—			(465		)	—			(583		)
Leasehold and property acquisitions	(19		)	—			—			—			(19		)
Additions to gas gathering, transmission, and processing facilities	1			—			(1		)	—			—
Investment in subsidiaries, net	(6		)	—			—			6			—
Other	(34		)	—			44			—			10
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(176		)	—			(422		)	6			(592		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Intercompany borrowings	—			(7		)	13			(6		)	—
Distributions to noncontrolling interest	—			—			(54		)	—			(54		)
Dividends paid	(95		)	—			—			—			(95		)
Other	1			(4		)	5			—			2
NET CASH USED IN FINANCING ACTIVITIES	(94		)	(11		)	(36		)	(6		)	(147		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(189		)	—			(274		)	—			(463		)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	378			—			1,089			—			1,467
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	189		$	—		$	815		$	—		$	1,004

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Three Months Ended March 31, 2015

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES	$	(396	)	$	(3	)	$	976		$	—		$	577
CASH PROVIDED BY DISCONTINUED OPERATIONS	—			—			73			—			73
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(396		)	(3		)	1,049			—			650
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(771		)	—			(856		)	—			(1,627		)
Leasehold and property acquisitions	(92		)	—			1			—			(91		)
Additions to gas gathering, transmission, and processing facilities	(22		)	—			(41		)	—			(63		)
Investment in subsidiaries, net	105			—			—			(105		)	—
Other	(18		)	—			(54		)	—			(72		)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES	(798		)	—			(950		)	(105		)	(1,853		)
NET CASH USED IN DISCONTINUED OPERATIONS	—			—			(265		)	—			(265		)
NET CASH USED IN INVESTING ACTIVITIES	(798		)	—			(1,215		)	(105		)	(2,118		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper and bank credit facilities, net	1,028			—			—			—			1,028
Intercompany borrowings	—			(1		)	(104		)	105			—
Distributions to noncontrolling interest	—			—			(21		)	—			(21		)
Dividends paid	(94		)	—			—			—			(94		)
Other	2			4			9			—			15
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES	936			3			(116		)	105			928
NET CASH USED IN DISCONTINUED OPERATIONS	—			—			—			—			—
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	936			3			(116		)	105			928
NET DECREASE IN CASH AND CASH EQUIVALENTS	(258		)	—			(282		)	—			(540		)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	267			—			502			—			769
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	9		$	—		$	220		$	—		$	229

Supplemental Condensed Consolidating Balance Sheet

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET

March 31, 2016

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation		Reclassifications & Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	189		$	—		$	815	$	—		$	1,004
Receivables, net of allowance	314			—			806		—			1,120
Inventories	34			—			513		—			547
Drilling advances	15			—			175		—			190
Deferred tax asset	(28		)	—			28		—			—
Prepaid assets and other	199			—			162		—			361
Intercompany receivable	5,330			—			—		(5,330		)	—
	6,053			—			2,499		(5,330		)	3,222
PROPERTY AND EQUIPMENT, NET	—			—			13,542		—			13,542
OTHER ASSETS:
Intercompany receivable	—			—			9,385		(9,385		)	—
Equity in affiliates	15,530			(1,205		)	438		(14,763		)	—
Deferred charges and other	99			1,000			816		(1,000		)	915
	$	21,682		$	(205	)	$	26,680	$	(30,478	)	$	17,679
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	330		$	3		$	238	$	—		$	571
Other current liabilities	353			7			667		—			1,027
Intercompany payable	—			—			5,330		(5,330		)	—
	683			10			6,235		(5,330		)	1,598
LONG-TERM DEBT	8,421			297			—		—			8,718
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	9,385			—			—		(9,385		)	—
Income taxes	—			5			886		—			891
Asset retirement obligation	274			—			2,312		—			2,586
Other	901			250			181		(1,000		)	332
	10,560			255			3,379		(10,385		)	3,809
COMMITMENTS AND CONTINGENCIES
APACHE SHAREHOLDERS’ EQUITY	2,018			(767		)	15,530		(14,763		)	2,018
Noncontrolling interest	—			—			1,536		—			1,536
TOTAL EQUITY	2,018			(767		)	17,066		(14,763		)	3,554
	$	21,682		$	(205	)	$	26,680	$	(30,478	)	$	17,679

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2015

	Apache Corporation		Apache Finance Canada			All Other Subsidiaries of Apache Corporation		Reclassifications & Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	378	$	—		$	1,089	$	—		$	1,467
Receivables, net of allowance	314		—			939		—			1,253
Inventories	34		—			536		—			570
Drilling advances	16		—			156		—			172
Prepaid assets and other	102		—			188		—			290
Intercompany receivable	5,212		—			—		(5,212		)	—
	6,056		—			2,908		(5,212		)	3,752
PROPERTY AND EQUIPMENT, NET	—		—			14,119		—			14,119
OTHER ASSETS:
Intercompany receivable	—		—			9,459		(9,459		)	—
Equity in affiliates	16,443		(1,154		)	446		(15,735		)	—
Deferred charges and other	96		1,001			813		(1,000		)	910
	$	22,595	$	(153	)	$	27,745	$	(31,406	)	$	18,781
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	409	$	—		$	209	$	—		$	618
Other current liabilities	539		3			681		—			1,223
Intercompany payable	—		—			5,212		(5,212		)	—
	948		3			6,102		(5,212		)	1,841
LONG-TERM DEBT	8,418		298			—		—			8,716
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	9,459		—			—		(9,459		)	—
Income taxes	—		4			1,068		—			1,072
Asset retirement obligation	271		—			2,291		—			2,562
Other	933		250			179		(1,000		)	362
	10,663		254			3,538		(10,459		)	3,996
COMMITMENTS AND CONTINGENCIES
APACHE SHAREHOLDERS’ EQUITY	2,566		(708		)	16,443		(15,735		)	2,566
Noncontrolling interest	—		—			1,662		—			1,662
TOTAL EQUITY	2,566		(708		)	18,105		(15,735		)	4,228
	$	22,595	$	(153	)	$	27,745	$	(31,406	)	$	18,781