XML 73 R8.htm IDEA: XBRL DOCUMENT v3.22.4
STATEMENT OF CONSOLIDATED CHANGES IN EQUITY (DEFICIT) AND NONCONTROLLING INTEREST - USD ($)
$ in Millions
Total
Noncontrolling Interest, Egypt
Noncontrolling Interest, Altus
APA SHAREHOLDERS’ EQUITY (DEFICIT)
Common Stock
Paid-In Capital
Accumulated Deficit
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Noncontrolling Interests
Noncontrolling Interest, Egypt
Noncontrolling Interests
Noncontrolling Interest, Altus
Redeemable Noncontrolling Interest - Altus Preferred Unit Limited Partners
Beginning balance at Dec. 31, 2019                         $ 555
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Net income attributable to Altus Preferred Unit limited partners                         76
Cash distributions to Altus Preferred Unit limited partners   $ (91)                 $ (91)   (23)
Ending balance at Dec. 31, 2020                         608
Beginning balance at Dec. 31, 2019 $ 4,465     $ 3,255 $ 261 $ 11,769 $ (5,601) $ (3,190) $ 16 $ 1,210      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) attributable to common stock (4,860)     (4,860)     (4,860)            
Net income (loss) attributable to noncontrolling interest   (121) $ 1               (121) $ 1  
Distributions to noncontrolling interest   (91)                 (91)   (23)
Common dividends (38)     (38)   (38)              
Common stock activity, net (17)     (17) 1 (18)              
Compensation expense 23     23   23              
Other (7)     (2)   (1)   1 (2) (5)      
Ending balance at Dec. 31, 2020 (645)     (1,639) 262 11,735 (10,461) (3,189) 14 994      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Net income attributable to Altus Preferred Unit limited partners                         162
Distributions payable to Altus Preferred Unit limited partners                         (12)
Cash distributions to Altus Preferred Unit limited partners   (279)                 (279)   (46)
Ending balance at Dec. 31, 2021 712 [1]                       712
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) attributable to common stock 973     973     973            
Net income (loss) attributable to noncontrolling interest   174 4               174 4  
Distributions to noncontrolling interest   (279)                 (279)   (46)
Common dividends (87)     (87)   (87)              
Common stock activity, net (6)     (6) 0 (6)              
Treasury stock activity, net (847)     (847)       (847)          
Compensation expense 21     21   21              
Other (25)     (10)   (18)     8 (15)      
Ending balance at Dec. 31, 2021 (717) [1]     (1,595) 262 11,645 (9,488) (4,036) 22 878      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Net income attributable to Altus Preferred Unit limited partners                         (70)
Cash distributions to Altus Preferred Unit limited partners   (362)                 (362)    
Deconsolidation of Altus     (72)                 (72) (642)
Ending balance at Dec. 31, 2022 0 [1]                       0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) attributable to common stock 3,674     3,674     3,674            
Net income (loss) attributable to noncontrolling interest   464 14               464 14  
Distributions to noncontrolling interest   $ (362)                 $ (362)    
Common dividends (245)     (245)   (245)              
Common stock activity, net (6)     (6)   (6)              
Deconsolidation of Altus     $ (72)                 $ (72) $ (642)
Treasury stock activity, net (1,423)     (1,423)       (1,423)          
Compensation expense 26     26   26              
Other (8)     (8)   0     (8) 0      
Ending balance at Dec. 31, 2022 $ 1,345 [1]     $ 423 $ 262 $ 11,420 $ (5,814) $ (5,459) $ 14 $ 922      
[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.