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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents ($132 related to Altus VIE) [1] $ 245 $ 302
Receivables, net of allowance of $117 and $109 [1] 1,466 1,394
Other current assets (Note 5) ($9 related to Altus VIE) [1] 997 684
Total current assets [1] 2,708 2,380
PROPERTY AND EQUIPMENT:    
Oil and gas, on the basis of successful efforts accounting: [1] 42,356 40,749
Gathering, processing, and transmission facilities ($209 related to Altus VIE) [1] 449 673
Other ($3 related to Altus VIE) [1] 613 1,126
Less: Accumulated depreciation, depletion, and amortization ($25 related to Altus VIE) [1] (34,406) (34,213)
Property and equipment, net [1] 9,012 8,335
OTHER ASSETS:    
Equity method interests (Note 6) ($1,365 related to Altus VIE) [1] 624 1,365
Decommissioning security for sold Gulf of Mexico properties (Note 11) [1] 217 640
Deferred charges and other ($6 related to Altus VIE) [1] 586 583
Assets [1] 13,147 13,303
CURRENT LIABILITIES:    
Accounts payable ($12 related to Altus VIE) [1] 771 731
Current debt [1] 2 215
Other current liabilities (Note 7) ($15 related to Altus VIE) [1] 2,143 1,171
Total current liabilities [1] 2,916 2,117
LONG-TERM DEBT (Note 9) ($657 related to Altus VIE) [1] 5,451 7,295
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes [1] 314 148
Asset retirement obligation ($68 related to Altus VIE) [1] 1,940 2,089
Decommissioning contingency for sold Gulf of Mexico properties (Note 11) [1] 738 1,086
Other ($67 related to Altus VIE) [1] 443 573
Total deferred credits and other noncurrent liabilities [1] 3,435 3,896
REDEEMABLE NONCONTROLLING INTEREST - ALTUS PREFERRED UNIT LIMITED PARTNERS (Note 13) [1] 0 712
EQUITY (DEFICIT):    
Common stock, $0.625 par, 860,000,000 shares authorized, 419,869,987 and 419,078,606 shares issued, respectively [1] 262 262
Paid-in capital [1] 11,420 11,645
Accumulated deficit [1] (5,814) (9,488)
Treasury stock, at cost, 108,310,838 and 72,147,841 shares, respectively [1] (5,459) (4,036)
Accumulated other comprehensive income [1] 14 22
APA SHAREHOLDERS’ EQUITY (DEFICIT) [1] 423 (1,595)
TOTAL EQUITY (DEFICIT) [1] 1,345 (717)
TOTAL LIABILITIES AND EQUITY [1] 13,147 13,303
Noncontrolling Interest, Egypt    
EQUITY (DEFICIT):    
Noncontrolling interest [1] 922 820
Noncontrolling Interest, Altus    
EQUITY (DEFICIT):    
Noncontrolling interest [1] 0 58
Variable Interest Entity, Primary Beneficiary    
CURRENT ASSETS:    
Cash and cash equivalents ($132 related to Altus VIE)   132
Receivables, net of allowance of $117 and $109 $ 117 109
Other current assets (Note 5) ($9 related to Altus VIE)   9
PROPERTY AND EQUIPMENT:    
Gathering, processing, and transmission facilities ($209 related to Altus VIE)   209
Other ($3 related to Altus VIE)   3
Less: Accumulated depreciation, depletion, and amortization ($25 related to Altus VIE)   (25)
OTHER ASSETS:    
Equity method interests (Note 6) ($1,365 related to Altus VIE)   1,365
Deferred charges and other ($6 related to Altus VIE)   6
CURRENT LIABILITIES:    
Accounts payable ($12 related to Altus VIE)   12
Other current liabilities (Note 7) ($15 related to Altus VIE)   15
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Asset retirement obligation ($68 related to Altus VIE)   68
Other ($67 related to Altus VIE)   $ 67
[1] (1)    The Altus VIE amounts are disclosed as of December 31, 2021. All Altus balances were deconsolidated as of February 22, 2022. Refer to Note 1—Summary of Significant Accounting Policies and Note 2—Acquisitions and Divestitures for further detail.