Supplemental Guarantor Information (Tables)

6 Months Ended

Jun. 30, 2016

Guarantees [Abstract]

Supplemental Condensed Consolidating Statement of Operations

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Quarter Ended June 30, 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	$	270		$	—	$	1,116		$	—	$	1,386
Equity in net income of affiliates	(76		)	6		—			70		—
Other	(22		)	9		(8		)	—		(21		)
Gain (loss) on divestiture	(1		)	—		18			—		17
	171			15		1,126			70		1,382
OPERATING EXPENSES:
Lease operating expenses	66			—		293			—		359
Gathering and transportation	10			—		42			—		52
Taxes other than income	22			—		43			—		65
Exploration	76			—		15			—		91
General and administrative	86			—		17			—		103
Depreciation, depletion, and amortization	159			—		510			—		669
Asset retirement obligation accretion	5			—		33			—		38
Impairments	61			—		112			—		173
Transaction, reorganization, and separation	9			—		—			—		9
Financing costs, net	64			7		33			—		104
	558			7		1,098			—		1,663
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(387		)	8		28			70		(281		)
Provision (benefit) for income taxes	(143		)	2		60			—		(81		)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(244		)	6		(32		)	70		(200		)
Net income (loss) from discontinued operations, net of tax	—			—		—			—		—
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(244		)	6		(32		)	70		(200		)
Net income attributable to noncontrolling interest	—			—		44			—		44
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(244	)	$	6	$	(76	)	$	70	$	(244	)

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Quarter Ended June 30, 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	$	434		$	—	$	1,557		$	—	$	1,991
Equity in net income (loss) of affiliates	(172		)	35		(1		)	138		—
Other	(7		)	12		4			19		28
Gain (loss) on divestiture	(16		)	—		243			—		227
	239			47		1,803			157		2,246
OPERATING EXPENSES:
Lease operating expenses	108			—		359			—		467
Gathering and transportation	7			—		42			—		49
Taxes other than income	33			—		22			—		55
Exploration	166			—		59			—		225
General and administrative	74			—		18			19		111
Depreciation, depletion, and amortization	232			—		562			—		794
Asset retirement obligation accretion	3			—		33			—		36
Impairments	201			—		311			—		512
Transaction, reorganization, and separation	66			—		—			—		66
Financing costs, net	116			11		(10		)	—		117
	1,006			11		1,396			19		2,432
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(767		)	36		407			138		(186		)
Provision (benefit) for income taxes	(79		)	2		808			—		731
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(688		)	34		(401		)	138		(917		)
Net loss from discontinued operations, net of tax	(172		)	—		292			—		120
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(860		)	34		(109		)	138		(797		)
Net income attributable to noncontrolling interest	—			—		63			—		63
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(860	)	$	34	$	(172	)	$	138	$	(860	)

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	487		$	—		$	1,986		$	—	$	2,473
Equity in net income (loss) of affiliates	(184		)	(20		)	—			204		—
Other	6			21			(51		)	—		(24		)
Gain (loss) on divestiture	(2		)	—			18			—		16
	307			1			1,953			204		2,465
OPERATING EXPENSES:
Lease operating expenses	144			—			593			—		737
Gathering and transportation	19			—			85			—		104
Taxes other than income	43			—			33			—		76
Exploration	126			—			60			—		186
General and administrative	163			—			33			—		196
Depreciation, depletion, and amortization	315			—			1,032			—		1,347
Asset retirement obligation accretion	9			—			67			—		76
Impairments	61			—			112			—		173
Transaction, reorganization, and separation	24			—			—			—		24
Financing costs, net	125			17			67			—		209
	1,029			17			2,082			—		3,128
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(722		)	(16		)	(129		)	204		(663		)
Provision (benefit) for income taxes	(106		)	4			10			—		(92		)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(616		)	(20		)	(139		)	204		(571		)
Net loss from discontinued operations, net of tax	—			—			—			—		—
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(616		)	(20		)	(139		)	204		(571		)
Net income attributable to noncontrolling interest	—			—			45			—		45
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(616	)	$	(20	)	$	(184	)	$	204	$	(616	)

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations		Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	799		$	—		$	2,851		$	—	$	3,650
Equity in net income (loss) of affiliates	(1,419		)	(18		)	—			1,437		—
Other	(45		)	26			22			19		22
Gain (loss) on divestiture	(29		)	—			238			—		209
	(694		)	8			3,111			1,456		3,881
OPERATING EXPENSES:
Lease operating expenses	232			—			716			—		948
Gathering and transportation	16			—			89			—		105
Taxes other than income	67			—			61			—		128
Exploration	261			—			222			—		483
General and administrative	136			—			40			19		195
Depreciation, depletion, and amortization	494			—			1,126			—		1,620
Asset retirement obligation accretion	7			—			65			—		72
Impairments	1,365			—			1,059			—		2,424
Transaction, reorganization, and separation	120			—			—			—		120
Financing costs, net	215			21			5			—		241
	2,913			21			3,383			19		6,336
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(3,607		)	(13		)	(272		)	1,437		(2,455		)
Provision for income taxes	(1,585		)	5			1,110			—		(470		)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(2,022		)	(18		)	(1,382		)	1,437		(1,985		)
Net loss from discontinued operations, net of tax	(172		)	—			54			—		(118		)
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST	(2,194		)	(18		)	(1,328		)	1,437		(2,103		)
Net income attributable to noncontrolling interest	—			—			91			—		91
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	(2,194	)	$	(18	)	$	(1,419	)	$	1,437	$	(2,194	)

Supplemental Condensed Consolidating Statement of Cash Flows

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended June 30, 2016

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	$	110		$	—		$	873		$	—		$	983
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(53		)	—			(872		)	—			(925		)
Leasehold and property acquisitions	(53		)	—			(65		)	—			(118		)
Investment in subsidiaries, net	(39		)	—			—			39			—
Other	(3		)	—			80			—			77
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(148		)	—			(857		)	39			(966		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Intercompany borrowings	—			1			38			(39		)	—
Distributions to noncontrolling interest	—			—			(93		)	—			(93		)
Dividends paid	(189		)	—			—			—			(189		)
Other	1			(1		)	(1		)	—			(1		)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(188		)	—			(56		)	(39		)	(283		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(226		)	—			(40		)	—			(266		)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	378			—			1,089			—			1,467
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	152		$	—		$	1,049		$	—		$	1,201

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended June 30, 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	$	54		$	(21	)	$	1,590		$	—		$	1,623
CASH PROVIDED BY DISCONTINUED OPERATIONS	—			—			159			—			159
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	54			(21		)	1,749			—			1,782
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(1,095		)	—			(1,688		)	—			(2,783		)
Leasehold and property acquisitions	(124		)	—			(4		)	—			(128		)
Additions to gas gathering, transmission, and processing facilities	(24		)	—			(70		)	—			(94		)
Proceeds from sale Kitimat LNG	—			—			854			—			854
Proceeds from sale of other oil and gas properties	4			—			115			—			119
Investment in subsidiaries, net	82			—			—			(82		)	—
Other	(16		)	—			(51		)	—			(67		)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES	(1,173		)	—			(844		)	(82		)	(2,099		)
NET CASH PROVIDED BY DISCONTINUED OPERATIONS	—			—			4,372			—			4,372
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(1,173		)	—			3,528			(82		)	2,273
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper and bank credit facilities, net	(1,570		)	—			—			—			(1,570		)
Intercompany borrowings	4,562			(10		)	(4,634		)	82			—
Distributions to noncontrolling interest	—			—			(40		)	—			(40		)
Dividends paid	(189		)	—			—			—			(189		)
Other	2			31			(18		)	—			15
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES	2,805			21			(4,692		)	82			(1,784		)
NET CASH USED IN DISCONTINUED OPERATIONS	—			—			—			—			—
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	2,805			21			(4,692		)	82			(1,784		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	1,686			—			585			—			2,271
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	267			—			412			—			679
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	1,953		$	—		$	997		$	—		$	2,950

Supplemental Condensed Consolidating Balance Sheet

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET

June 30, 2016

	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	152		$	—		$	1,049		$	—		$	1,201
Receivables, net of allowance	330			—			686			—			1,016
Inventories	32			—			498			—			530
Drilling advances	6			—			196			—			202
Deferred tax asset	(28		)	—			28			—			—
Prepaid assets and other	193			—			150			—			343
Intercompany receivable	5,371			—			—			(5,371		)	—
	6,056			—			2,607			(5,371		)	3,292
PROPERTY AND EQUIPMENT, NET	6,304			—			13,839			—			20,143
OTHER ASSETS:
Intercompany receivable	—			—			11,083			(11,083		)	—
Equity in affiliates	15,908			(1,080		)	699			(15,527		)	—
Deferred charges and other	93			1,000			818			(1,000		)	911
	$	28,361		$	(80	)	$	29,046		$	(32,981	)	$	24,346
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	324		$	(2	)	$	222		$	—		$	544
Other current liabilities	403			2			621			—			1,026
Intercompany payable	—			—			5,371			(5,371		)	—
	727			—			6,214			(5,371		)	1,570
LONG-TERM DEBT	8,431			297			(9		)	—			8,719
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	10,976			—			107			(11,083		)	—
Income taxes	(114		)	5			2,417			—			2,308
Asset retirement obligation	277			—			2,429			—			2,706
Other	922			(1		)	426			(1,000		)	347
	12,061			4			5,379			(12,083		)	5,361
COMMITMENTS AND CONTINGENCIES
APACHE SHAREHOLDERS’ EQUITY	7,142			(381		)	15,908			(15,527		)	7,142
Noncontrolling interest	—			—			1,554			—			1,554
TOTAL EQUITY	7,142			(381		)	17,462			(15,527		)	8,696
	$	28,361		$	(80	)	$	29,046		$	(32,981	)	$	24,346

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	6,546			—			14,292		—			20,838
OTHER ASSETS:
Intercompany receivable	—			—			10,744		(10,744		)	—
Equity in affiliates	16,092			(807		)	446		(15,731		)	—
Deferred charges and other	96			1,001			813		(1,000		)	910
	$	28,790		$	194		$	29,203	$	(32,687	)	$	25,500
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	10,744			—			—		(10,744		)	—
Income taxes	(412		)	4			2,937		—			2,529
Asset retirement obligation	271			—			2,291		—			2,562
Other	933			250			179		(1,000		)	362
	11,536			254			5,407		(11,744		)	5,453
COMMITMENTS AND CONTINGENCIES
APACHE SHAREHOLDERS’ EQUITY	7,888			(361		)	16,092		(15,731		)	7,888
Noncontrolling interest	—			—			1,602		—			1,602
TOTAL EQUITY	7,888			(361		)	17,694		(15,731		)	9,490
	$	28,790		$	194		$	29,203	$	(32,687	)	$	25,500