Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash and Cash Equivalents	$ 1,180	$ 1,028
Accounts Receivable, Net	615	450
Commodity Derivative Assets	0	582
Other Current Assets	160	216
Total Current Assets	1,955	2,276
Property, Plant and Equipment
Oil and Gas Properties (Successful Efforts Method of Accounting)	30,355	31,220
Property, Plant and Equipment, Other	909	858
Total Property, Plant and Equipment, Gross	31,264	32,078
Accumulated Depreciation, Depletion and Amortization	(12,716)	(10,778)
Total Property, Plant and Equipment, Net	18,548	21,300
Other Noncurrent Assets	508	620
Total Assets	21,011	24,196
Current Liabilities
Accounts Payable - Trade	736	1,128
Other Current Liabilities	742	677
Total Current Liabilities	1,478	1,805
Long-Term Debt	7,011	7,976
Net Deferred Income Tax Liability	1,819	2,826
Other Noncurrent Liabilities	1,103	1,219
Total Liabilities	11,411	13,826
Shareholders’ Equity
Preferred Stock - Par Value $1.00 per share; 4 Million Shares Authorized, None Issued	0	0
Common Stock - Par Value $0.01; 1 Billion and 500 Million Shares Authorized; 471 Million and 470 Million Shares Issued, Respectively	5	5
Additional Paid in Capital	6,450	6,360
Accumulated Other Comprehensive Loss	(31)	(33)
Treasury Stock, at Cost; 38 Million Shares	(692)	(688)
Retained Earnings	3,556	4,726
Noble Energy Share of Equity	9,288	10,370
Noncontrolling Interests	312	0
Total Equity	9,600	10,370
Total Liabilities and Equity	$ 21,011	$ 24,196