CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 21	$ 28
Accounts receivable, net	1,071	1,160
Derivative assets	103	183
Other current assets	43	42
Total current assets	1,238	1,413
Natural gas and oil properties, using the full cost method, including $2,228 million as of March 31, 2022 and $2,231 million as of December 31, 2021 excluded from amortization	34,184	33,631
Other	513	509
Less: Accumulated depreciation, depletion and amortization	(24,482)	(24,202)
Total property and equipment, net	10,215	9,938
Operating lease assets	186	187
Long-term derivative assets	126	226
Deferred tax assets	0	0
Other long-term assets	82	84
Total long-term assets	394	497
TOTAL ASSETS	11,847	11,848
Current liabilities:
Current portion of long-term debt	5	206
Accounts payable	1,488	1,282
Taxes payable	80	93
Interest payable	49	75
Derivative liabilities	3,940	1,279
Current operating lease liabilities	44	42
Other current liabilities	64	75
Total current liabilities	5,670	3,052
Long-term debt	4,895	5,201
Long-term operating lease liabilities	139	142
Long-term derivative liabilities	1,023	632
Pension and other postretirement liabilities	25	23
Other long-term liabilities	214	251
Total long-term liabilities	6,296	6,249
Commitments and contingencies (Note 12)
Equity/(deficit):
Common stock, $0.01 par value; 2,500,000,000 shares authorized; issued 1,160,451,456 shares as of March 31, 2022 and 1,158,672,666 shares as of December 31, 2021	12	12
Additional paid-in capital	7,159	7,150
Accumulated deficit	(7,063)	(4,388)
Accumulated other comprehensive loss	(25)	(25)
Common stock in treasury, 44,353,224 shares as of March 31, 2022 and December 31, 2021	(202)	(202)
Total equity/(deficit)	(119)	2,547
TOTAL LIABILITIES AND EQUITY	$ 11,847	$ 11,848