XML 48 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 35,260 $ 282,749
Receivables:    
Crude oil and natural gas sales 706,946 644,107
Affiliated parties 88 73
Joint interest and other, net 338,879 368,235
Derivative assets 16,930 15,612
Inventories 110,323 88,544
Prepaid expenses and other 17,258 13,041
Total current assets 1,225,684 1,412,361
Net property and equipment, based on successful efforts method of accounting 14,520,573 13,869,800
Operating lease right-of-use assets 10,219 0
Other noncurrent assets 14,879 15,786
Total assets 15,771,355 15,297,947
Current liabilities:    
Accounts payable trade 694,966 717,560
Revenues and royalties payable 400,230 400,567
Payables to affiliated parties 121 203
Accrued liabilities and other 250,192 266,819
Dividends payable 18,587 0
Derivative liabilities 15 0
Current portion of operating leases 5,242 0
Current portion of long-term debt 2,416 2,360
Total current liabilities 1,371,769 1,387,509
Long-term debt, net of current portion 5,568,413 5,765,989
Other noncurrent liabilities:    
Deferred income tax liabilities, net 1,751,822 1,574,436
Asset retirement obligations, net of current portion 148,626 136,986
Operating lease liabilities, net of current portion 4,977 0
Other noncurrent liabilities 11,568 11,166
Total other noncurrent liabilities 1,916,993 1,722,588
Commitments and contingencies (Note 9)  
Equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 371,730,488 shares issued and outstanding at September 30, 2019; 376,021,575 shares issued and outstanding at December 31, 2018 3,717 3,760
Additional paid-in capital 1,278,482 1,434,823
Accumulated other comprehensive income 543 415
Retained earnings 5,269,243 4,706,135
Total shareholders’ equity attributable to Continental Resources 6,551,985 6,145,133
Noncontrolling interests 362,195 276,728
Total Equity 6,914,180 6,421,861
Total liabilities and equity $ 15,771,355 $ 15,297,947