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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
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, 2020                         $ 608
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)
Distributions to noncontrolling interest   $ (279)                 $ (279)   (46)
Ending balance at Dec. 31, 2021                         712
Beginning balance at Dec. 31, 2020 $ (645)     $ (1,639) $ 262 $ 11,735 $ (10,461) $ (3,189) $ 14 $ 994      
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)   (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)     (1,595) 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)
Distributions to noncontrolling interest   (362)                 (362)    
Deconsolidation of Altus     (72)                 (72) (642)
Ending balance at Dec. 31, 2022                         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)         (8)        
Ending balance at Dec. 31, 2022 1,345     423 262 11,420 (5,814) (5,459) 14 922      
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Distributions to noncontrolling interest   (238)                 (238)    
Ending balance at Dec. 31, 2023                         $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) attributable to common stock 2,855     2,855     2,855            
Net income (loss) attributable to noncontrolling interest   352 $ 0               352    
Distributions to noncontrolling interest   $ (238)                 $ (238)    
Common dividends (308)     (308)   (308)              
Common stock activity, net (13)     (13) 1 (14)              
Treasury stock activity, net (331)     (331)       (331)          
Compensation expense 23     23   23              
Other 6     6   5     1        
Ending balance at Dec. 31, 2023 $ 3,691     $ 2,655 $ 263 $ 11,126 $ (2,959) $ (5,790) $ 15 $ 1,036