CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 95	$ 5
Accounts receivable, net	239	345
Derivative assets	238	278
Other current assets	41	51
Total current assets	613	679
Natural gas and oil properties, using the full cost method, including $1,379 million as of September 30, 2020 and $1,506 million as of December 31, 2019 excluded from amortization	25,969	25,250
Other	500	520
Less: Accumulated depreciation, depletion and amortization	(23,247)	(20,503)
Total property and equipment, net	3,222	5,267
Operating lease assets	145	159
Deferred tax assets	0	407
Other long-term assets	177	205
Total long-term assets	322	771
TOTAL ASSETS	4,157	6,717
Current liabilities:
Accounts payable	416	525
Taxes payable	47	59
Interest payable	56	51
Derivative liabilities	287	125
Current operating lease liabilities	33	34
Other current liabilities	30	54
Total current liabilities	869	848
Long-term debt	2,450	2,242
Long-term operating lease liabilities	107	119
Long-term derivative liabilities	188	111
Pension and other postretirement liabilities	35	43
Other long-term liabilities	124	108
Total long-term liabilities	2,904	2,623
Commitments and contingencies (Note 12)
Equity:
Common stock, $0.01 par value; 1,250,000,000 shares authorized; issued 649,899,653 shares as of September 30, 2020 and 585,555,923 shares as of December 31, 2019	7	6
Additional paid-in capital	4,882	4,726
Accumulated deficit	(4,271)	(1,251)
Accumulated other comprehensive loss	(32)	(33)
Common stock in treasury, 44,353,224 shares as of September 30, 2020 and December 31, 2019	(202)	(202)
Total equity	384	3,246
TOTAL LIABILITIES AND EQUITY	$ 4,157	$ 6,717