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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 206,167 $ 15,627
Accounts receivable 299,316 341,915
Inventories 37,323 46,234
Hedging asset 620,711 514,465
Other 64,890 60,037
Total current assets 1,228,407 978,278
Property and Equipment:    
Natural gas and oil properties, using the full cost method, including $1,128.5 million in 2012 and $942.9 million in 2011 excluded from amortization 10,080,579 9,544,708
Gathering systems 1,006,487 980,647
Other 556,888 535,464
Total property and equipment 11,643,954 11,060,819
Less: Accumulated depreciation, depletion and amortization 4,617,882 4,415,339
Property and equipment, net 7,026,072 6,645,480
Other Assets 299,682 279,139
TOTAL ASSETS 8,554,161 [1] 7,902,897
Current Liabilities:    
Current portion of long-term debt 1,200 1,200
Accounts payable 512,017 514,071
Taxes payable 48,976 40,691
Interest payable 13,847 20,565
Advances from partners 118,317 84,082
Hedging liability 14,578 12,458
Current deferred income taxes 234,249 194,163
Other 17,460 17,683
Total current liabilities 960,644 884,913
Long-Term Debt 1,669,380 1,342,100
Other Liabilities:    
Deferred income taxes 1,660,284 1,586,798
Long-term hedging liability 136 55
Pension and other postretirement liabilities 20,284 20,338
Other long-term liabilities 91,674 99,389
Total Other Liabilities 1,772,378 1,706,580
Equity:    
Common stock, $0.01 par value; authorized 1,250,000,000 shares; issued 349,227,496 shares in 2012 and 349,058,501 in 2011 3,492 3,491
Additional paid-in capital 911,646 903,399
Retained earnings 2,763,918 2,656,214
Accumulated other comprehensive income 474,998 408,428
Common stock in treasury, 100,970 shares in 2012 and 98,889 in 2011 (2,295) (2,228)
Total Equity 4,151,759 3,969,304
TOTAL LIABILITIES AND EQUITY $ 8,554,161 $ 7,902,897
[1] (2) Other assets represent corporate assets not allocated to segments and assets, including investments in cash equivalents, for non-reportable segments.