CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 13	$ 5
Accounts receivable, net	368	345
Derivative assets	241	278
Other current assets	49	51
Total current assets	671	679
Natural gas and oil properties, using the full cost method, including $1,472 million as of December 31, 2020 and $1,506 million as of December 31, 2019 excluded from amortization	27,261	25,250
Other	523	520
Less: Accumulated depreciation, depletion and amortization	(23,673)	(20,503)
Total property and equipment, net	4,111	5,267
Operating lease assets	163	159
Deferred tax assets	0	407
Other long-term assets	215	205
Total long-term assets	378	771
TOTAL ASSETS	5,160	6,717
Current liabilities:
Accounts payable	573	525
Taxes payable	74	59
Interest payable	58	51
Derivative liabilities	245	125
Current operating lease liabilities	42	34
Other current liabilities	20	54
Total current liabilities	1,012	848
Long-term debt	3,150	2,242
Long-term operating lease liabilities	117	119
Long-term derivative liabilities	183	111
Pension and other postretirement liabilities	45	43
Other long-term liabilities	156	108
Total long-term liabilities	3,651	2,623
Commitments and contingencies (Note 10)
Equity:
Common stock, $0.01 par value; 1,250,000,000 shares authorized; issued 718,795,700 shares as of December 31, 2020 and 585,555,923 as of December 31, 2019	7	6
Additional paid-in capital	5,093	4,726
Accumulated deficit	(4,363)	(1,251)
Accumulated other comprehensive loss	(38)	(33)
Common stock in treasury, 44,353,224 shares as of December 31, 2020 and 2019	(202)	(202)
Total equity	497	3,246
TOTAL LIABILITIES AND EQUITY	$ 5,160	$ 6,717