CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 956	$ 673
Restricted cash	9	10
Accounts receivable, net	843	1,221
Income taxes receivable	51	89
Inventories	59	63
Derivative instruments	85	146
Other current assets	12	9
Total current assets	2,015	2,211
Properties and equipment, net (Successful efforts method)	17,933	17,479
Other assets	467	464
Total assets	20,415	20,154
Current liabilities
Accounts payable	803	844
Current portion of long-term debt	575	0
Accrued liabilities	261	328
Interest payable	21	21
Total current liabilities	1,660	1,193
Long-term debt	1,586	2,181
Deferred income taxes	3,413	3,339
Asset retirement obligations	280	271
Other liabilities	429	500
Total liabilities	7,368	7,484
Commitments and contingencies (Note 8)
Cimarex redeemable preferred stock	8	11
Stockholders' equity
Common stock: Authorized — 1,800 shares of $0.10 par value in 2023 and 2022 Issued — 751 shares and 768 shares in 2023 and 2022, respectively	75	77
Additional paid-in capital	7,587	7,933
Retained earnings	5,366	4,636
Accumulated other comprehensive income	11	13
Total stockholders' equity	13,039	12,659
Total liabilities and stockholders' equity	$ 20,415	$ 20,154