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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 15,627 $ 16,055
Accounts receivable 341,915 351,573
Inventories 46,234 35,098
Hedging asset 514,465 130,412
Other 60,037 47,755
Total current assets 978,278 580,893
Property and Equipment:    
Natural gas and oil properties, using the full cost method, including $942.9 million in 2011 and $712.1 million in 2010 excluded from amortization 9,544,708 7,749,863
Gathering systems 980,647 817,465
Other 535,464 413,557
Total property and equipment 11,060,819 8,980,885
Less: Accumulated depreciation, depletion and amortization 4,415,339 3,682,688
Property and equipment, net 6,645,480 5,298,197
Other Assets 279,139 138,373
TOTAL ASSETS 7,902,897 6,017,463
Current Liabilities:    
Current portion of long-term debt 1,200 1,200
Accounts payable 514,071 473,890
Taxes payable 40,691 50,051
Interest payable 20,565 19,954
Advances from partners 84,082 81,705
Hedging liability 12,458 7,685
Current deferred income taxes 194,163 44,089
Other 17,683 15,409
Total current liabilities 884,913 693,983
Long-Term Debt 1,342,100 1,093,000
Other Liabilities:    
Deferred income taxes 1,586,798 1,130,292
Long-term hedging liability 55 40,188
Pension and other postretirement liabilities 20,338 15,777
Other long-term liabilities 99,389 79,347
Total Other Liabilities 1,706,580 1,265,604
Commitments and Contingencies      
Equity:    
Common stock, $0.01 par value; authorized 1,250,000,000 shares in 2011 and 1,250,000,000 in 2010; issued 349,058,501 shares in 2011 and 347,733,839 in 2010 3,491 3,477
Additional paid-in capital 903,399 862,423
Retained earnings 2,656,214 2,018,445
Accumulated other comprehensive income 408,428 83,975
Common stock in treasury, 98,889 shares in 2011 and 156,636 in 2010 (2,228) (3,444)
Total Equity 3,969,304 2,964,876
TOTAL LIABILITIES AND EQUITY $ 7,902,897 $ 6,017,463