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CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 1,846 $ 1,377
Restricted cash 96 0
Receivables, net of allowance 1,145 1,128
Inventories 396 476
Drilling advances 151 81
Prepaid assets and other 135 179
Total current assets 3,769 3,241
Oil and gas, on the basis of successful efforts accounting:    
Proved properties 38,569 42,693
Unproved properties and properties under development 1,810 1,969
Gathering, transmission, and processing facilities 1,363 976
Other 1,012 1,111
Property and equipment, gross 42,754 46,749
Less: Accumulated depreciation, depletion, and amortization (25,099) (27,882)
Property and equipment, net 17,655 18,867
OTHER ASSETS:    
Deferred charges and other 411 411
Total assets 21,835 22,519
CURRENT LIABILITIES:    
Accounts payable 583 585
Current debt 550 0
Other current liabilities (Note 5) 1,332 1,258
Total current liabilities 2,465 1,843
LONG-TERM DEBT 7,933 8,544
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 948 1,710
Asset retirement obligation 1,831 2,432
Other 281 311
Total deferred credits and other noncurrent liabilities 3,060 4,453
COMMITMENTS AND CONTINGENCIES (Note 9)
EQUITY:    
Common stock, $0.625 par, 860,000,000 shares authorized, 414,108,944 and 412,612,102 shares issued, respectively 259 258
Paid-in capital 12,186 12,364
Accumulated deficit (2,544) (3,385)
Treasury stock, at cost, 33,171,015 and 33,172,426 shares, respectively (2,887) (2,887)
Accumulated other comprehensive loss (3) (112)
APACHE SHAREHOLDERS’ EQUITY 7,011 6,238
Noncontrolling interest 1,366 1,441
TOTAL EQUITY 8,377 7,679
TOTAL LIABILITIES AND EQUITY $ 21,835 $ 22,519