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STATEMENT OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) including noncontrolling interests $ 4,082 $ 1,313 $ (4,904)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Unrealized derivative instrument losses (gains), net 67 (69) 87
Gain on divestitures, net (1,180) (67) (32)
Exploratory dry hole expense and unproved leasehold impairments 207 97 211
Depreciation, depletion, and amortization 1,233 1,360 1,772
Asset retirement obligation accretion 117 113 109
Impairments 0 208 4,501
Provision for (benefit from) deferred income taxes 145 (74) (112)
Loss (gain) from extinguishment of debt 67 104 (160)
Losses on previously sold Gulf of Mexico properties 157 446 0
Other (73) 28 102
Changes in operating assets and liabilities:      
Receivables (93) (386) 149
Inventories (1) (9) 19
Drilling advances and other current assets (15) 71 (29)
Deferred charges and other long-term assets 69 (42) (13)
Accounts payable (4) 245 (167)
Accrued expenses 303 127 (163)
Deferred credits and noncurrent liabilities (138) 31 18
NET CASH PROVIDED BY OPERATING ACTIVITIES 4,943 3,496 1,388
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to upstream oil and gas property (1,770) (1,101) (1,270)
Acquisition of Delaware Basin properties (591) 0  
Leasehold and property acquisitions (37) (9) (4)
Contributions to Altus equity method interests 0 (28) (327)
Proceeds from asset divestitures 778 256 166
Proceeds from sale of Kinetik shares 224 0 0
Deconsolidation of Altus cash and cash equivalents (143) 0 0
Other, net 28 49 (31)
NET CASH USED IN INVESTING ACTIVITIES (1,511) (833) (1,466)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Fixed rate debt borrowings 0 0 1,238
Payments on Apache fixed-rate debt (1,493) (1,795) (1,243)
Distributions to noncontrolling interest - Egypt (362) (279) (91)
Distributions to Altus Preferred Unit limited partners (11) (46) (23)
Dividends paid to APA common stockholders (207) (52) (123)
Treasury stock activity, net (1,423) (847) 1
Other, net (17) (29) (44)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (3,489) (2,623) 93
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (57) 40 15
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 302 262 247
CASH AND CASH EQUIVALENTS AT END OF PERIOD 245 302 262
SUPPLEMENTARY CASH FLOW DATA:      
Interest paid, net of capitalized interest 322 442 419
Income taxes paid, net of refunds 1,431 633 212
Apache Credit Facility      
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from (repayments of) lines of credit 24 392 150
Altus credit facility      
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from (repayments of) lines of credit $ 0 $ 33 $ 228