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CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 778 $ 1,036
Restricted cash 10 10
Accounts receivable, net 1,419 1,037
Income taxes receivable 70 0
Inventories 57 39
Derivative instruments 8 7
Other current assets 8 7
Total current assets 2,350 2,136
Properties and equipment, net (Successful efforts method) 17,429 17,375
Other assets 526 389
Total assets 20,305 19,900
Current liabilities    
Accounts payable 1,010 747
Current portion of long-term debt 44 0
Accrued liabilities 294 260
Income taxes payable 0 29
Interest payable 15 25
Derivative instruments 52 159
Total current liabilities 1,415 1,220
Long-term debt, net 2,188 3,125
Deferred income taxes 3,229 3,101
Asset retirement obligations 270 259
Other liabilities 533 407
Total liabilities 7,635 8,112
Commitments and contingencies
Cimarex redeemable preferred stock 11 50
Common stock:    
Common stock: Authorized — 1,800,000,000 shares of $0.10 par value in 2022 and 2021, respectively Issued — 895,539,411 shares and 892,612,010 shares in 2022 and 2021, respectively 90 89
Additional paid-in capital 10,992 10,911
Retained earnings 4,137 2,563
Accumulated other comprehensive income 6 1
Less treasury stock, at cost:107,074,560 shares and 79,082,385 shares in 2022 and 2021, respectively (2,566) (1,826)
Total stockholders' equity 12,659 11,738
Total liabilities and stockholders' equity $ 20,305 $ 19,900