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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 53,583 $ 15,627
Restricted cash 8,542  
Accounts receivable 377,638 341,915
Inventories 28,141 46,234
Hedging asset 282,693 514,465
Other 58,315 60,037
Total current assets 808,912 978,278
Property and Equipment:    
Natural gas and oil properties, using the full cost method, including $1,023.9 million in 2012 and $942.9 million in 2011 excluded from amortization 11,283,114 9,544,708
Gathering systems 1,148,261 980,647
Other 597,064 535,464
Less: Accumulated depreciation, depletion and amortization (7,191,463) (4,415,339)
Total property and equipment, net 5,836,976 6,645,480
Other Assets 91,639 279,139
TOTAL ASSETS 6,737,527 7,902,897
Current liabilities:    
Accounts payable 459,569 514,071
Taxes payable 62,980 40,691
Interest payable 34,431 20,565
Advances from partners 68,919 84,082
Current deferred income taxes 106,123 194,163
Other 35,749 31,341
Total current liabilities 767,771 884,913
Total long-term debt 1,668,273 1,342,100
Long-term debt 1,668,273 1,342,100
Other Liabilities:    
Deferred income taxes 1,049,138 1,586,798
Pension and other postretirement liabilities 33,174 20,338
Other long-term liabilities 183,299 99,444
Total long-term liabilities 2,933,884 3,048,680
Equity:    
Common stock, $0.01 par value; authorized 1,250,000,000 shares; issued 351,100,391 shares in 2012 and 349,058,501 in 2011 3,511 3,491
Additional paid-in capital 934,939 903,399
Retained earnings 1,949,150 2,656,214
Accumulated other comprehensive income 149,804 408,428
Common stock in treasury, 64,715 shares in 2012 and 98,889 in 2011 (1,532) (2,228)
Total equity 3,035,872 3,969,304
TOTAL LIABILITIES AND EQUITY $ 6,737,527 $ 7,902,897