XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 843 $ 956
Restricted cash 5 9
Accounts receivable, net 764 843
Income taxes receivable 7 51
Inventories 46 59
Other current assets 70 97
Total current assets 1,735 2,015
Properties and equipment, net (successful efforts method) 17,941 17,933
Other assets 450 467
Total assets 20,126 20,415
Current liabilities    
Accounts payable 773 803
Current portion of long-term debt 0 575
Accrued liabilities 291 261
Interest payable 16 21
Total current liabilities 1,080 1,660
Long-term debt 2,066 1,586
Deferred income taxes 3,359 3,413
Asset retirement obligations 288 280
Other liabilities 291 429
Total liabilities 7,084 7,368
Commitments and contingencies (Note 7)
Cimarex redeemable preferred stock 8 8
Stockholders’ equity    
Authorized — 1,800 shares of $0.10 par value in 2024 and 2023 Issued — 736 shares and 751 shares in 2024 and 2023, respectively 74 75
Additional paid-in capital 7,233 7,587
Retained earnings 5,716 5,366
Accumulated other comprehensive income 11 11
Total stockholders' equity 13,034 13,039
Total liabilities and stockholders' equity $ 20,126 $ 20,415