CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 20		$ 23
Accounts receivable	457		464
Inventories	37		38
Derivative assets	117		71
Other current assets	29		48
Total current assets	660		644
Natural gas and oil properties, using the full cost method, including $1,037 million in 2014 and $957 million in 2013 excluded from amortization	14,945		13,294
Gathering systems	1,415		1,306
Other	685		703
Less: Accumulated depreciation, depletion and amortization	(8,652)		(8,006)
Total property and equipment, net	8,393		7,297
Other long-term assets	124		107
TOTAL ASSETS	9,177		8,048
Current liabilities:
Accounts payable	690		507
Taxes payable	69		68
Interest payable	14		33
Current deferred income taxes	32		24
Derivative liabilities	36		7
Other current liabilities	47		49
Total current liabilities	888		688
Long-Term Debt	1,806		1,950
Deferred income taxes	1,913		1,532
Pension and other postretirement liabilities	17		16
Other long-term liabilities	260		240
Total long-term liabilities	3,996		3,738
Commitments and contingencies (Note 10)
Equity:
Common stock, $0.01 par value; authorized 1,250,000,000 shares; issued 353,125,665 shares in 2014 and 352,938,584 in 2013	4		4
Additional paid-in capital	1,005		969
Retained earnings	3,265		2,653
Accumulated other comprehensive income (loss)	19	[1]	(4)	[1]
Total equity	4,293		3,622
TOTAL LIABILITIES AND EQUITY	$ 9,177		$ 8,048

[1] All amounts are net of tax.