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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 466 $ 464
Trade accounts receivable 949 953
Other accounts receivable 1,323 1,610
Inventories:    
Materials and supplies, net [1] 2,014 1,886
Mill and leach stockpiles 1,933 1,914
Product 1,484 1,561
Other current assets 528 657
Total current assets 8,697 9,045
Property, plant, equipment and mining development costs, net 27,095 26,220
Oil and gas properties, net - full cost method    
Subject to amortization, less accumulated amortization 4,649 9,187
Not subject to amortization 9,312 10,087
Long-term mill and leach stockpiles 2,277 2,179
Other assets 1,978 1,956
Total assets 54,008 58,674
Current liabilities:    
Accounts payable and accrued liabilities 3,376 3,653
Current portion of debt 791 478
Current portion of environmental and asset retirement obligations 330 296
Dividends payable 175 335
Accrued income taxes 67 410
Total current liabilities 4,739 5,172
Long-term debt, less current portion 20,111 18,371
Deferred income taxes 4,870 6,398
Environmental and asset retirement obligations, less current portion 3,716 3,647
Other liabilities 1,760 1,861
Total liabilities 35,196 35,449
Redeemable noncontrolling interest 757 751
Stockholders’ equity:    
Common stock 117 117
Capital in excess of par value 22,330 22,281
(Accumulated deficit) retained earnings (4,417) 128
Accumulated other comprehensive loss (523) (544)
Common stock held in treasury (3,702) (3,695)
Total stockholders’ equity 13,805 18,287
Noncontrolling interests 4,250 4,187
Total equity 18,055 22,474
Total liabilities and equity $ 54,008 $ 58,674
[1] Materials and supplies inventory was net of obsolescence reserves totaling $25 million at June 30, 2015, and $20 million at December 31, 2014.