Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 1,201	$ 1,467
Receivables, net of allowance	1,016	1,253
Inventories	530	570
Drilling advances	202	172
Prepaid assets and other	343	290
Total current assets	3,292	3,752
Oil and gas, on the basis of successful efforts accounting:
Proved properties	42,469	41,728
Unproved properties and properties under development, not being amortized	2,285	2,277
Gathering, transmission and processing facilities	862	1,052
Other	1,098	1,093
Property and equipment, gross	46,714	46,150
Less: Accumulated depreciation, depletion, and amortization	(26,571)	(25,312)
Property and equipment, net	20,143	20,838
OTHER ASSETS:
Deferred charges and other	911	910
Total assets	24,346	25,500
CURRENT LIABILITIES:
Accounts payable	544	618
Other current liabilities (Note 5)	1,026	1,223
Total current liabilities	1,570	1,841
LONG-TERM DEBT	8,719	8,716
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Income taxes	2,308	2,529
Asset retirement obligation	2,706	2,562
Other	347	362
Total deferred credits and other noncurrent liabilities	5,361	5,453
COMMITMENTS AND CONTINGENCIES (Note 9)
EQUITY:
Common stock, $0.625 par, 860,000,000 shares authorized, 412,532,393 and 411,218,105 shares issued, respectively	258	257
Paid-in capital	12,487	12,619
Accumulated deficit	(2,596)	(1,980)
Treasury stock, at cost, 33,174,414 and 33,183,930 shares, respectively	(2,888)	(2,889)
Accumulated other comprehensive loss	(119)	(119)
APACHE SHAREHOLDERS’ EQUITY	7,142	7,888
Noncontrolling interest	1,554	1,602
TOTAL EQUITY	8,696	9,490
TOTAL LIABILITIES AND EQUITY	$ 24,346	$ 25,500