XML 18 R3.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 673 $ 1,036
Restricted cash 10 10
Accounts receivable, net 1,221 1,037
Income taxes receivable 89 0
Inventories 63 39
Derivative instruments 146 7
Other current assets 9 7
Total current assets 2,211 2,136
Properties and equipment, net (Successful efforts method) 17,479 17,375
Other assets 464 389
Total assets 20,154 19,900
Current liabilities    
Accounts payable 844 747
Accrued liabilities 328 260
Interest payable 21 25
Income taxes payable 0 29
Derivative instruments 0 159
Total current liabilities 1,193 1,220
Long-term debt, net 2,181 3,125
Deferred income taxes 3,339 3,101
Asset retirement obligations 271 259
Other liabilities 500 407
Total liabilities 7,484 8,112
Commitments and contingencies
Cimarex redeemable preferred stock 11 50
Stockholders' equity    
Common stock: Authorized — 1,800,000,000 shares of $0.10 par value in 2022 and 2021 Issued — 768,244,610 shares and 892,612,010 shares in 2022 and 2021, respectively 77 89
Additional paid-in capital 7,933 10,911
Retained earnings 4,636 2,563
Accumulated other comprehensive income 13 1
Less treasury stock, at cost: 79,082,385 shares in 2021 0 (1,826)
Total stockholders' equity 12,659 11,738
Total liabilities and stockholders' equity $ 20,154 $ 19,900