XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 847 $ 673
Restricted cash 9 10
Accounts receivable, net 727 1,221
Income taxes receivable 15 89
Inventories 64 63
Derivative instruments 37 146
Other current assets 14 9
Total current assets 1,713 2,211
Properties and equipment, net (Successful efforts method) 17,928 17,479
Other assets 460 464
Total assets 20,101 20,154
Current liabilities    
Accounts payable 643 844
Less: current portion of long-term debt 575 0
Accrued liabilities 316 328
Income taxes payable 91 0
Interest payable 15 21
Total current liabilities 1,640 1,193
Long-term debt 1,592 2,181
Deferred income taxes 3,358 3,339
Asset retirement obligations 278 271
Other liabilities 436 500
Total liabilities 7,304 7,484
Commitments and contingencies (Note 7)
Cimarex redeemable preferred stock 8 11
Stockholders’ equity    
Authorized — 1,800 shares of $0.10 par value in 2023 and 2022 issued — 755 shares and 768 shares in 2023 and 2022, respectively 75 77
Additional paid-in capital 7,601 7,933
Retained earnings 5,101 4,636
Accumulated other comprehensive income 12 13
Total stockholders' equity 12,789 12,659
Total liabilities and stockholders' equity $ 20,101 $ 20,154