APACHE CORP

$ Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000178403124000014 Filed on August 02, 2024

Income Statement

Concept	2024 Q3	2024 Q2	2023 Q4

Balance Sheet

Concept	2024 Q2	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$160.0M	$87.00M
YoY Change	12.68%	-64.49%
Cash & Equivalents	$151.0M	$84.00M
Short-Term Investments
Other Short-Term Assets	$772.0M	$725.0M
YoY Change	-33.51%	-26.99%
Inventory	$456.0M	$439.0M
Prepaid Expenses
Receivables	$1.936B	$1.610B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.671B	$2.420B
YoY Change	1.95%	-6.99%
LONG-TERM ASSETS
Property, Plant & Equipment	$14.46B	$10.04B
YoY Change	54.31%	11.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$437.0M
YoY Change	-100.0%	-29.97%
Other Assets	$2.821B	$2.307B
YoY Change	384.71%	187.3%
Total Long-Term Assets	$14.61B	$14.52B
YoY Change	22.27%	24.64%
TOTAL ASSETS
Total Short-Term Assets	$2.671B	$2.420B
Total Long-Term Assets	$14.61B	$14.52B
Total Assets	$17.29B	$16.94B
YoY Change	18.62%	18.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$533.0M	$560.0M
YoY Change	-18.75%	-13.31%
Accrued Expenses	$1.372B	$1.208B
YoY Change	29.68%	-7.86%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.000M	$2.000M
YoY Change	0.0%	0.0%
Total Short-Term Liabilities	$2.115B	$2.231B
YoY Change	-19.43%	-17.28%
LONG-TERM LIABILITIES
Long-Term Debt	$6.741B	$5.186B
YoY Change	20.94%	6.16%
Other Long-Term Liabilities	$489.0M	$466.0M
YoY Change	11.14%	5.19%
Total Long-Term Liabilities	$489.0M	$466.0M
YoY Change	11.14%	-91.25%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.115B	$2.231B
Total Long-Term Liabilities	$489.0M	$466.0M
Total Liabilities	$2.604B	$2.697B
YoY Change	-15.04%	-66.39%
SHAREHOLDERS EQUITY
Retained Earnings	-$2.655B	-$3.255B
YoY Change	-50.41%	-43.69%
Common Stock	$0.00	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$5.181B	$4.732B
YoY Change
Total Liabilities & Shareholders Equity	$17.29B	$16.94B
YoY Change	18.62%	18.86%

Cashflow Statement

Concept	2024 Q3	2024 Q2	2023 Q4

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	1056000000	usd
CY2024Q2	us-gaap	Other Assets Current OtherAssetsCurrent	772000000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	725000000	usd
CY2024Q2	us-gaap	Assets Current AssetsCurrent	2671000000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	2420000000	usd
CY2024Q2	us-gaap	Oil And Gas Property Successful Effort Method Gross OilAndGasPropertySuccessfulEffortMethodGross	42970000000	usd
CY2023Q4	us-gaap	Oil And Gas Property Successful Effort Method Gross OilAndGasPropertySuccessfulEffortMethodGross	43349000000	usd
CY2024Q2	apa	Gathering Processing And Transmission Facilities Noncurrent GatheringProcessingAndTransmissionFacilitiesNoncurrent	447000000	usd
CY2023Q4	apa	Gathering Processing And Transmission Facilities Noncurrent GatheringProcessingAndTransmissionFacilitiesNoncurrent	448000000	usd
CY2024Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	537000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	634000000	usd
CY2024Q2	apa	Accumulated Depreciation Depletion And Amortization Property And Equipment Including Finance Lease Oil And Gas Properties AccumulatedDepreciationDepletionAndAmortizationPropertyAndEquipmentIncludingFinanceLeaseOilAndGasProperties	35496000000	usd
CY2023Q4	apa	Accumulated Depreciation Depletion And Amortization Property And Equipment Including Finance Lease Oil And Gas Properties AccumulatedDepreciationDepletionAndAmortizationPropertyAndEquipmentIncludingFinanceLeaseOilAndGasProperties	35707000000	usd
CY2024Q2	apa	Property And Equipment Net Including Finance Lease Right Of Use Assets Oil And Gas Properties PropertyAndEquipmentNetIncludingFinanceLeaseRightOfUseAssetsOilAndGasProperties	8458000000	usd
CY2023Q4	apa	Property And Equipment Net Including Finance Lease Right Of Use Assets Oil And Gas Properties PropertyAndEquipmentNetIncludingFinanceLeaseRightOfUseAssetsOilAndGasProperties	8724000000	usd
CY2024Q2	us-gaap	Equity Method Investments EquityMethodInvestments	0	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	437000000	usd
CY2024Q2	apa	Decommissioning Security For Sold Properties DecommissioningSecurityForSoldProperties	21000000	usd
CY2023Q4	apa	Decommissioning Security For Sold Properties DecommissioningSecurityForSoldProperties	21000000	usd
CY2024Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1620000000	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1747000000	usd
CY2024Q2	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	531000000	usd
CY2023Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	522000000	usd
CY2024Q2	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent	470000000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent	93000000	usd
CY2024Q2	us-gaap	Nontrade Receivables Noncurrent NontradeReceivablesNoncurrent	3514000000	usd
CY2023Q4	us-gaap	Nontrade Receivables Noncurrent NontradeReceivablesNoncurrent	2980000000	usd
CY2024Q2	us-gaap	Assets Assets	17285000000	usd
CY2023Q4	us-gaap	Assets Assets	16944000000	usd
CY2024Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	533000000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	560000000	usd
CY2024Q2	us-gaap	Debt Current DebtCurrent	2000000	usd
CY2023Q4	us-gaap	Debt Current DebtCurrent	2000000	usd
CY2024Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1580000000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1669000000	usd
CY2024Q2	us-gaap	Liabilities Current LiabilitiesCurrent	2115000000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2231000000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	4814000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	4814000000	usd
CY2024Q2	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	256000000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	371000000	usd
CY2024Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	2367000000	usd
CY2023Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	2354000000	usd
CY2024Q2	apa	Decommissioning Contingency For Sold Properties DecommissioningContingencyForSoldProperties	768000000	usd
CY2023Q4	apa	Decommissioning Contingency For Sold Properties DecommissioningContingencyForSoldProperties	764000000	usd
CY2024Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	489000000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	466000000	usd
CY2024Q2	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	3880000000	usd
CY2023Q4	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	3955000000	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.625
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.625
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1000	shares
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	0	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	0	usd
CY2024Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	7822000000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	7972000000	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2655000000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-3255000000	usd
CY2024Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	14000000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	15000000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	5181000000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	4732000000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6476000000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5944000000	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17285000000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	16944000000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3522000000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	290000000	usd
CY2023Q2	apa	Adjustments To Additional Paid In Capital Distributions To Parent AdjustmentsToAdditionalPaidInCapitalDistributionsToParent	83000000	usd
CY2023Q2	us-gaap	Stockholders Equity Other StockholdersEquityOther	-6000000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3814000000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6035000000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	464000000	usd
CY2024Q2	apa	Adjustments To Additional Paid In Capital Distributions To Parent AdjustmentsToAdditionalPaidInCapitalDistributionsToParent	160000000	usd
CY2024Q2	us-gaap	Stockholders Equity Other StockholdersEquityOther	-9000000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6476000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3242000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	427000000	usd
	apa	Adjustments To Additional Paid In Capital Distributions To Parent AdjustmentsToAdditionalPaidInCapitalDistributionsToParent	100000000	usd
	us-gaap	Stockholders Equity Other StockholdersEquityOther	-15000000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3814000000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5944000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	600000000	usd
	apa	Adjustments To Additional Paid In Capital Distributions To Parent AdjustmentsToAdditionalPaidInCapitalDistributionsToParent	325000000	usd
	us-gaap	Stockholders Equity Other StockholdersEquityOther	-17000000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6476000000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-top:10pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparation of financial statements in conformity with GAAP and disclosure of contingent assets and liabilities requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates on historical experience and various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about carrying values of assets and liabilities that are not readily apparent from other sources. The Company evaluates its estimates and assumptions on a regular basis. Actual results may differ from these estimates and assumptions used in preparation of the Company’s financial statements, and changes in these estimates are recorded when known. </span></div><div style="margin-top:10pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Significant estimates with regard to these financial statements include the estimates of fair value for long-lived assets (refer to “Fair Value Measurements” and “Property and Equipment” sections in this Note 1 below), the fair value determination of acquired assets and liabilities (refer to </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i1eb8f2bab0c34508a9b67244bfedf258_55" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 3—Acquisitions and Divestitures</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">), the assessment of asset retirement obligations (refer to </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i1eb8f2bab0c34508a9b67244bfedf258_73" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 8—Asset Retirement Obligation</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">), the estimate of income taxes (refer to </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i1eb8f2bab0c34508a9b67244bfedf258_82" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 10—Income Taxes</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">), the estimation of the contingent liability representing Apache’s potential decommissioning obligations on sold properties in the Gulf of Mexico (refer to </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i1eb8f2bab0c34508a9b67244bfedf258_85" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 11—Commitments and Contingencies</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">), and the estimate of proved oil and gas reserves and related present value estimates of future net cash flows therefrom.</span></div>
CY2023Q2	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
CY2024Q2	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
CY2024Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	1600000000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	1400000000	usd
	us-gaap	Inventory Write Down InventoryWriteDown	46000000	usd
CY2023Q2	us-gaap	Inventory Write Down InventoryWriteDown	46000000	usd
CY2024Q2	us-gaap	Inventory Write Down InventoryWriteDown	0	usd
	apa	Net Income Loss Attributable To Nonredeemable Noncontrolling Interest Distributed In Cash NetIncomeLossAttributableToNonredeemableNoncontrollingInterestDistributedInCash	157000000	usd
	apa	Net Income Loss Attributable To Nonredeemable Noncontrolling Interest Distributed In Cash NetIncomeLossAttributableToNonredeemableNoncontrollingInterestDistributedInCash	100000000	usd
CY2024Q2	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent	470000000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent	93000000	usd
	apa	Payments Of Capital Distribution Excluding Intercompany Transaction From Reorganization PaymentsOfCapitalDistributionExcludingIntercompanyTransactionFromReorganization	168000000	usd
	apa	Payments Of Capital Distribution Excluding Intercompany Transaction From Reorganization PaymentsOfCapitalDistributionExcludingIntercompanyTransactionFromReorganization	0	usd
CY2024Q2	us-gaap	Capitalized Exploratory Well Costs CapitalizedExploratoryWellCosts	78000000	usd
CY2023Q4	us-gaap	Capitalized Exploratory Well Costs CapitalizedExploratoryWellCosts	47000000	usd
CY2023Q4	us-gaap	Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear	0	usd
CY2024Q1	us-gaap	Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear	9000000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	456000000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	439000000	usd
CY2024Q2	apa	Drilling Advances DrillingAdvances	97000000	usd
CY2023Q4	apa	Drilling Advances DrillingAdvances	68000000	usd
CY2024Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	53000000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	40000000	usd
CY2024Q2	apa	Decommissioning Security For Sold Properties Current DecommissioningSecurityForSoldPropertiesCurrent	166000000	usd
CY2023Q4	apa	Decommissioning Security For Sold Properties Current DecommissioningSecurityForSoldPropertiesCurrent	178000000	usd
CY2024Q2	us-gaap	Other Assets Current OtherAssetsCurrent	772000000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	725000000	usd
CY2024Q2	apa	Accrued Operating Expenses AccruedOperatingExpenses	161000000	usd
CY2023Q4	apa	Accrued Operating Expenses AccruedOperatingExpenses	158000000	usd
CY2024Q2	apa	Accrued Exploration And Development AccruedExplorationAndDevelopment	482000000	usd
CY2023Q4	apa	Accrued Exploration And Development AccruedExplorationAndDevelopment	307000000	usd
CY2024Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	162000000	usd
CY2023Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	390000000	usd
CY2024Q2	us-gaap	Interest Payable Current InterestPayableCurrent	92000000	usd
CY2023Q4	us-gaap	Interest Payable Current InterestPayableCurrent	92000000	usd
CY2024Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	224000000	usd
CY2023Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	138000000	usd
CY2024Q2	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	75000000	usd
CY2023Q4	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	76000000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	102000000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	115000000	usd
CY2024Q2	apa	Decommissioning Contingency For Sold Properties Current DecommissioningContingencyForSoldPropertiesCurrent	94000000	usd
CY2023Q4	apa	Decommissioning Contingency For Sold Properties Current DecommissioningContingencyForSoldPropertiesCurrent	60000000	usd
CY2024Q2	us-gaap	Other Sundry Liabilities Current OtherSundryLiabilitiesCurrent	188000000	usd
CY2023Q4	us-gaap	Other Sundry Liabilities Current OtherSundryLiabilitiesCurrent	333000000	usd
CY2024Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1580000000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1669000000	usd
CY2023Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	2430000000	usd
	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	5000000	usd
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	20000000	usd
	apa	Asset Retirement Obligation Liabilities Divested AssetRetirementObligationLiabilitiesDivested	48000000	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	74000000	usd
	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	1000000	usd
CY2024Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	2442000000	usd
CY2024Q2	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	75000000	usd
CY2024Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	2367000000	usd
CY2024Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	31000000	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	32000000	usd
CY2024Q2	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	26000000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	26000000	usd
CY2024Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	24000000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	25000000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	4816000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	4816000000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	2000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	2000000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	4814000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	4814000000	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	2000000	usd
CY2024Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	2000000	usd
CY2024Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	71000000	usd
CY2023Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	74000000	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	143000000	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	149000000	usd
CY2024Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	0	usd
CY2023Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	0	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1000000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1000000	usd
CY2024Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	9000000	usd
CY2024Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	1000000	usd
CY2023Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	3000000	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	5000000	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	5000000	usd
CY2024Q2	apa	Interest Income With Parent Net InterestIncomeWithParentNet	44000000	usd
CY2023Q2	apa	Interest Income With Parent Net InterestIncomeWithParentNet	29000000	usd
	apa	Interest Income With Parent Net InterestIncomeWithParentNet	80000000	usd
	apa	Interest Income With Parent Net InterestIncomeWithParentNet	45000000	usd
CY2024Q2	apa	Financing Costs Net FinancingCostsNet	26000000	usd
CY2023Q2	apa	Financing Costs Net FinancingCostsNet	42000000	usd
	apa	Financing Costs Net FinancingCostsNet	59000000	usd
	apa	Financing Costs Net FinancingCostsNet	91000000	usd
CY2022Q2	apa	Number Of Unsecured Guaranties Of Obligations NumberOfUnsecuredGuarantiesOfObligations	2	guarantyofobligation
CY2024Q2	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	76000000	usd
CY2014Q1	apa	Royalty Obligation Non Current RoyaltyObligationNonCurrent	100000000	usd
CY2024Q2	apa	Obligations For Capacity Rights ObligationsForCapacityRights	45000000	usd
CY2024Q2	us-gaap	Accrual For Environmental Loss Contingencies Gross AccrualForEnvironmentalLossContingenciesGross	1000000	usd
	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	4000000	usd
CY2024Q2	apa	Standby Loan Agreed To Provide Related To Asset Retirement Obligations StandbyLoanAgreedToProvideRelatedToAssetRetirementObligations	400000000	usd
CY2023Q2	apa	Number Of Plaintiff Sureties Issued Bonds Directly NumberOfPlaintiffSuretiesIssuedBondsDirectly	2	surety
CY2023Q2	apa	Number Of Plaintiff Sureties Issued Bonds To Issuing Bank NumberOfPlaintiffSuretiesIssuedBondsToIssuingBank	2	surety
CY2024Q2	apa	Decommissioning Security For Sold Properties Current And Noncurrent DecommissioningSecurityForSoldPropertiesCurrentAndNoncurrent	187000000	usd
CY2024Q2	apa	Decommissioning Contingency For Sold Properties Current And Noncurrent DecommissioningContingencyForSoldPropertiesCurrentAndNoncurrent	862000000	usd
CY2023Q4	apa	Decommissioning Contingency For Sold Properties Current And Noncurrent DecommissioningContingencyForSoldPropertiesCurrentAndNoncurrent	824000000	usd
CY2024Q2	apa	Loss On Previously Sold Properties LossOnPreviouslySoldProperties	17000000	usd
	apa	Loss On Previously Sold Properties LossOnPreviouslySoldProperties	83000000	usd
CY2024Q1	apa	Decommissioning Contingency For Sold Properties Increase Decrease DecommissioningContingencyForSoldPropertiesIncreaseDecrease	33000000	usd
	apa	Loss On Previously Sold Properties LossOnPreviouslySoldProperties	0	usd
CY2023Q2	apa	Loss On Previously Sold Properties LossOnPreviouslySoldProperties	0	usd
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2024Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	369000000	usd
CY2024Q2	us-gaap	Taxes Other TaxesOther	46000000	usd
CY2024Q2	us-gaap	Exploration Expense ExplorationExpense	28000000	usd
CY2024Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	394000000	usd
CY2024Q2	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	34000000	usd
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	1049000000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	844000000	usd
CY2024Q2	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	1000000	usd
CY2024Q2	apa	Loss On Previously Sold Properties LossOnPreviouslySoldProperties	17000000	usd
CY2024Q2	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	276000000	usd
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5000000	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	68000000	usd
CY2024Q2	us-gaap	Restructuring Charges RestructuringCharges	5000000	usd
CY2024Q2	apa	Financing Costs Net FinancingCostsNet	26000000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1010000000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	695000000	usd
	us-gaap	Taxes Other TaxesOther	96000000	usd
	us-gaap	Exploration Expense ExplorationExpense	70000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	767000000	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	74000000	usd
	us-gaap	Operating Expenses OperatingExpenses	2119000000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1613000000	usd
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	1000000	usd
	apa	Loss On Offshore Decommissioning Contingency LossOnOffshoreDecommissioningContingency	83000000	usd
	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	283000000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	20000000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	151000000	usd
	us-gaap	Restructuring Charges RestructuringCharges	14000000	usd
	apa	Financing Costs Net FinancingCostsNet	59000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1610000000	usd
CY2024Q2	us-gaap	Assets Assets	17285000000	usd
CY2023Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	352000000	usd
CY2023Q2	us-gaap	Taxes Other TaxesOther	47000000	usd
CY2023Q2	us-gaap	Exploration Expense ExplorationExpense	37000000	usd
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	339000000	usd
CY2023Q2	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	29000000	usd
CY2023Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	46000000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	688000000	usd
CY2023Q2	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	5000000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	109000000	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	66000000	usd
CY2023Q2	us-gaap	Restructuring Charges RestructuringCharges	2000000	usd
CY2023Q2	apa	Financing Costs Net FinancingCostsNet	42000000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	692000000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	666000000	usd
	us-gaap	Taxes Other TaxesOther	97000000	usd
	us-gaap	Exploration Expense ExplorationExpense	81000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	647000000	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	57000000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	46000000	usd
	us-gaap	Operating Expenses OperatingExpenses	2089000000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1600000000	usd
	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	6000000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	77000000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	124000000	usd
	us-gaap	Restructuring Charges RestructuringCharges	6000000	usd
	apa	Financing Costs Net FinancingCostsNet	91000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1462000000	usd
CY2023Q2	us-gaap	Assets Assets	14572000000	usd
CY2024Q2	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	276000000	usd

Files In Submission

Name	View Source	Status
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
0001784031-24-000014-index-headers.html	Edgar Link	pending
0001784031-24-000014-index.html	Edgar Link	pending
0001784031-24-000014.txt	Edgar Link	pending
0001784031-24-000014-xbrl.zip	Edgar Link	pending
apa-20240630.htm	Edgar Link	pending
apa-20240630.xsd	Edgar Link	pending
apache2024q2-exhibit311.htm	Edgar Link	pending
apache2024q2-exhibit312.htm	Edgar Link	pending
apache2024q2-exhibit321.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
apa-20240630_cal.xml	Edgar Link	unprocessable
apa-20240630_def.xml	Edgar Link	unprocessable
apa-20240630_lab.xml	Edgar Link	unprocessable
apa-20240630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
apa-20240630_htm.xml	Edgar Link	completed
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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R42.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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2024 Q3 Form 10-Q Financial Statement

#000178403124000014 Filed on August 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission