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