2023 Q3 Form 10-Q Financial Statement
#000178403123000019 Filed on August 03, 2023
Income Statement
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| Revenue | $2.308B | $1.796B |
| YoY Change | -20.06% | -41.06% |
| Cost Of Revenue | $605.0M | $492.0M |
| YoY Change | -35.43% | -44.53% |
| Gross Profit | $1.703B | $1.304B |
| YoY Change | -12.67% | -39.63% |
| Gross Profit Margin | 73.79% | 72.61% |
| Selling, General & Admin | $289.0M | $200.0M |
| YoY Change | 15.6% | -23.37% |
| % of Gross Profit | 16.97% | 15.34% |
| Research & Development | $40.00M | $37.00M |
| YoY Change | -49.37% | -31.48% |
| % of Gross Profit | 2.35% | 2.84% |
| Depreciation & Amortization | $418.0M | $367.0M |
| YoY Change | 34.84% | 32.01% |
| % of Gross Profit | 24.54% | 28.14% |
| Operating Expenses | $1.251B | $1.105B |
| YoY Change | -19.39% | -22.29% |
| Operating Profit | $1.057B | $691.0M |
| YoY Change | -20.82% | -57.48% |
| Interest Expense | -$95.00M | -$31.00M |
| YoY Change | -20.17% | -71.3% |
| % of Operating Profit | -8.99% | -4.49% |
| Other Income/Expense, Net | $14.00M | $109.0M |
| YoY Change | -800.0% | 70.31% |
| Pretax Income | $833.0M | $700.0M |
| YoY Change | -28.92% | -52.12% |
| Income Tax | $278.0M | $238.0M |
| % Of Pretax Income | 33.37% | 34.0% |
| Net Earnings | $555.0M | $462.0M |
| YoY Change | 4.72% | -56.7% |
| Net Earnings / Revenue | 24.05% | 25.72% |
| Basic Earnings Per Share | $1.49 | $1.24 |
| Diluted Earnings Per Share | $1.49 | $1.23 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 307.3M shares | 308.6M shares |
| Diluted Shares Outstanding | 308.0M shares | 309.0M shares |
Balance Sheet
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $95.00M | $142.0M |
| YoY Change | -64.55% | -49.65% |
| Cash & Equivalents | $95.00M | $142.0M |
| Short-Term Investments | ||
| Other Short-Term Assets | $952.0M | $1.093B |
| YoY Change | 1.38% | 20.51% |
| Inventory | $443.0M | $488.0M |
| Prepaid Expenses | ||
| Receivables | $1.753B | $1.364B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $2.800B | $2.599B |
| YoY Change | -10.69% | -15.7% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $9.500B | $9.368B |
| YoY Change | 5.6% | 13.81% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $681.0M | $695.0M |
| YoY Change | 13.12% | 12.46% |
| Other Assets | $564.0M | $582.0M |
| YoY Change | -37.05% | -41.33% |
| Total Long-Term Assets | $10.75B | $10.65B |
| YoY Change | 2.39% | 8.17% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $2.800B | $2.599B |
| Total Long-Term Assets | $10.75B | $10.65B |
| Total Assets | $13.55B | $13.24B |
| YoY Change | -0.62% | 2.48% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $741.0M | $656.0M |
| YoY Change | -22.33% | -29.08% |
| Accrued Expenses | $1.097B | $1.003B |
| YoY Change | 7.97% | 6.03% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $2.000M | $2.000M |
| YoY Change | -98.4% | -98.4% |
| Total Short-Term Liabilities | $2.635B | $2.630B |
| YoY Change | -11.7% | -6.51% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $5.582B | $5.574B |
| YoY Change | 3.29% | 8.02% |
| Other Long-Term Liabilities | $440.0M | $439.0M |
| YoY Change | 3.04% | -6.79% |
| Total Long-Term Liabilities | $440.0M | $439.0M |
| YoY Change | 3.04% | -6.79% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.635B | $2.630B |
| Total Long-Term Liabilities | $440.0M | $439.0M |
| Total Liabilities | $3.075B | $3.069B |
| YoY Change | -9.85% | -6.55% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$4.732B | -$5.191B |
| YoY Change | -24.37% | -22.28% |
| Common Stock | $263.0M | $263.0M |
| YoY Change | 0.38% | 0.38% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $1.078B | $709.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $13.55B | $13.24B |
| YoY Change | -0.62% | 2.48% |
Cashflow Statement
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $555.0M | $462.0M |
| YoY Change | 4.72% | -56.7% |
| Depreciation, Depletion And Amortization | $418.0M | $367.0M |
| YoY Change | 34.84% | 32.01% |
| Cash From Operating Activities | $764.0M | $1.000B |
| YoY Change | -30.8% | -34.85% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $653.0M | $580.0M |
| YoY Change | -165.69% | -249.48% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$14.00M | -$3.000M |
| YoY Change | -116.67% | -95.16% |
| Cash From Investing Activities | -$667.0M | -$583.0M |
| YoY Change | -26.7% | 29.56% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -144.0M | -429.0M |
| YoY Change | -30.77% | -58.63% |
| NET CHANGE | ||
| Cash From Operating Activities | 764.0M | 1.000B |
| Cash From Investing Activities | -667.0M | -583.0M |
| Cash From Financing Activities | -144.0M | -429.0M |
| Net Change In Cash | -47.00M | -12.00M |
| YoY Change | 235.71% | -125.0% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $764.0M | $1.000B |
| Capital Expenditures | $653.0M | $580.0M |
| Free Cash Flow | $111.0M | $420.0M |
| YoY Change | -94.71% | -78.16% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2023Q2 | us-gaap |
Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
|
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent | |
| CY2022Q4 | us-gaap |
Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
|
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent | |
| apa |
Payments To Acquire Oil And Gas Properties Unproved Leasehold
PaymentsToAcquireOilAndGasPropertiesUnprovedLeasehold
|
10000000 | usd | |
| apa |
Payments To Acquire Oil And Gas Properties Unproved Leasehold
PaymentsToAcquireOilAndGasPropertiesUnprovedLeasehold
|
26000000 | usd | |
| us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
28000000 | usd | |
| us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
751000000 | usd | |
| us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
0 | usd | |
| us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
224000000 | usd | |
| us-gaap |
Cash Divested From Deconsolidation
CashDivestedFromDeconsolidation
|
0 | usd | |
| us-gaap |
Cash Divested From Deconsolidation
CashDivestedFromDeconsolidation
|
143000000 | usd | |
| us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
14000000 | usd | |
| us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
49000000 | usd | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1115000000 | usd | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
16000000 | usd | |
| us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
196000000 | usd | |
| us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-267000000 | usd | |
| apa |
Repayments Of Fixed Rate Debt
RepaymentsOfFixedRateDebt
|
65000000 | usd | |
| apa |
Repayments Of Fixed Rate Debt
RepaymentsOfFixedRateDebt
|
1370000000 | usd | |
| us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
100000000 | usd | |
| us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
159000000 | usd | |
| apa |
Treasury Stock Activity Net
TreasuryStockActivityNet
|
-188000000 | usd | |
| apa |
Treasury Stock Activity Net
TreasuryStockActivityNet
|
-552000000 | usd | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
155000000 | usd | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
86000000 | usd | |
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-11000000 | usd | |
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-28000000 | usd | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-323000000 | usd | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2462000000 | usd | |
| us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-103000000 | usd | |
| us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-20000000 | usd | |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
245000000 | usd |
| CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
302000000 | usd |
| us-gaap |
Interest Paid Net
InterestPaidNet
|
168000000 | usd | |
| us-gaap |
Interest Paid Net
InterestPaidNet
|
172000000 | usd | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
476000000 | usd | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
637000000 | usd | |
| CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
142000000 | usd |
| CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
245000000 | usd |
| CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
103000000 | usd |
| CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
117000000 | usd |
| CY2023Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1364000000 | usd |
| CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1466000000 | usd |
| CY2023Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1093000000 | usd |
| CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
997000000 | usd |
| CY2023Q2 | us-gaap |
Assets Current
AssetsCurrent
|
2599000000 | usd |
| CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
2708000000 | usd |
| CY2023Q2 | us-gaap |
Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
|
43384000000 | usd |
| CY2022Q4 | us-gaap |
Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
|
42356000000 | usd |
| CY2023Q2 | apa |
Gathering Processing And Transmission Facilities Noncurrent
GatheringProcessingAndTransmissionFacilitiesNoncurrent
|
447000000 | usd |
| CY2022Q4 | apa |
Gathering Processing And Transmission Facilities Noncurrent
GatheringProcessingAndTransmissionFacilitiesNoncurrent
|
449000000 | usd |
| CY2023Q2 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
598000000 | usd |
| CY2022Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
613000000 | usd |
| CY2023Q2 | apa |
Accumulated Depreciation Depletion And Amortization Property And Equipment Including Finance Lease Oil And Gas Properties
AccumulatedDepreciationDepletionAndAmortizationPropertyAndEquipmentIncludingFinanceLeaseOilAndGasProperties
|
35061000000 | usd |
| CY2022Q4 | apa |
Accumulated Depreciation Depletion And Amortization Property And Equipment Including Finance Lease Oil And Gas Properties
AccumulatedDepreciationDepletionAndAmortizationPropertyAndEquipmentIncludingFinanceLeaseOilAndGasProperties
|
34406000000 | usd |
| CY2023Q2 | apa |
Property And Equipment Net Including Finance Lease Right Of Use Assets Oil And Gas Properties
PropertyAndEquipmentNetIncludingFinanceLeaseRightOfUseAssetsOilAndGasProperties
|
9368000000 | usd |
| CY2022Q4 | apa |
Property And Equipment Net Including Finance Lease Right Of Use Assets Oil And Gas Properties
PropertyAndEquipmentNetIncludingFinanceLeaseRightOfUseAssetsOilAndGasProperties
|
9012000000 | usd |
| CY2023Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
695000000 | usd |
| CY2022Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
624000000 | usd |
| CY2023Q2 | apa |
Decommissioning Security For Sold Properties
DecommissioningSecurityForSoldProperties
|
57000000 | usd |
| CY2022Q4 | apa |
Decommissioning Security For Sold Properties
DecommissioningSecurityForSoldProperties
|
217000000 | usd |
| CY2023Q2 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
525000000 | usd |
| CY2022Q4 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
586000000 | usd |
| CY2023Q2 | us-gaap |
Assets
Assets
|
13244000000 | usd |
| CY2022Q4 | us-gaap |
Assets
Assets
|
13147000000 | usd |
| CY2023Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
656000000 | usd |
| CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
771000000 | usd |
| CY2023Q2 | us-gaap |
Debt Current
DebtCurrent
|
2000000 | usd |
| CY2022Q4 | us-gaap |
Debt Current
DebtCurrent
|
2000000 | usd |
| CY2022Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
42000000 | usd |
| CY2023Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
77000000 | usd |
| CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-717000000 | usd |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2809000000 | usd | |
| us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | ||
| us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
85000000 | usd | |
| us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
551000000 | usd | |
| us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-6000000 | usd | |
| CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1345000000 | usd |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
623000000 | usd | |
| us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.50 | ||
| us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
155000000 | usd | |
| us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-6000000 | usd | |
| CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1696000000 | 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="#i122201cb09ad45079208b4234a1a87b9_49" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 2—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 fair value of equity method interests (refer to “Equity Method Interests” within this Note 1 below and </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="#i122201cb09ad45079208b4234a1a87b9_61" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 6—Equity Method Interests</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="#i122201cb09ad45079208b4234a1a87b9_67" 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="#i122201cb09ad45079208b4234a1a87b9_73" 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="#i122201cb09ad45079208b4234a1a87b9_76" 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> | ||
| us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
0 | usd | |
| us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
0 | usd | |
| CY2023Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
1200000000 | usd |
| CY2022Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
1300000000 | usd |
| CY2023Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
46000000 | usd |
| us-gaap |
Inventory Write Down
InventoryWriteDown
|
46000000 | usd | |
| CY2022Q1 | us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
609000000 | usd |
| CY2022Q1 | apa |
Deconsolidation Net Amount Of Balance Sheet
DeconsolidationNetAmountOfBalanceSheet
|
193000000 | usd |
| CY2023Q2 | us-gaap |
Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
|
547000000 | usd |
| CY2022Q4 | us-gaap |
Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
|
474000000 | usd |
| apa |
Derivative Number Of Counterparties
DerivativeNumberOfCounterparties
|
7 | counterparty | |
| CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
488000000 | usd |
| CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
427000000 | usd |
| CY2023Q2 | apa |
Drilling Advances
DrillingAdvances
|
90000000 | usd |
| CY2022Q4 | apa |
Drilling Advances
DrillingAdvances
|
89000000 | usd |
| CY2023Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
65000000 | usd |
| CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
31000000 | usd |
| CY2023Q2 | apa |
Decommissioning Security For Sold Properties Current
DecommissioningSecurityForSoldPropertiesCurrent
|
450000000 | usd |
| CY2022Q4 | apa |
Decommissioning Security For Sold Properties Current
DecommissioningSecurityForSoldPropertiesCurrent
|
450000000 | usd |
| CY2023Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1093000000 | usd |
| CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
997000000 | usd |
| CY2023Q2 | apa |
Accrued Operating Expenses
AccruedOperatingExpenses
|
174000000 | usd |
| CY2022Q4 | apa |
Accrued Operating Expenses
AccruedOperatingExpenses
|
145000000 | usd |
| CY2023Q2 | apa |
Accrued Exploration And Development
AccruedExplorationAndDevelopment
|
384000000 | usd |
| CY2022Q4 | apa |
Accrued Exploration And Development
AccruedExplorationAndDevelopment
|
333000000 | usd |
| CY2023Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
247000000 | usd |
| CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
514000000 | usd |
| CY2023Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
95000000 | usd |
| CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
97000000 | usd |
| CY2023Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
193000000 | usd |
| CY2022Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
90000000 | usd |
| CY2023Q2 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
55000000 | usd |
| CY2022Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
55000000 | usd |
| CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
102000000 | usd |
| CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
167000000 | usd |
| CY2023Q2 | apa |
Decommissioning Contingency For Sold Properties Current
DecommissioningContingencyForSoldPropertiesCurrent
|
450000000 | usd |
| CY2022Q4 | apa |
Decommissioning Contingency For Sold Properties Current
DecommissioningContingencyForSoldPropertiesCurrent
|
450000000 | usd |
| CY2023Q2 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
272000000 | usd |
| CY2022Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
292000000 | usd |
| CY2023Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1972000000 | usd |
| CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
2143000000 | usd |
| CY2022Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
1995000000 | usd |
| us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
8000000 | usd | |
| us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
21000000 | usd | |
| us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
57000000 | usd | |
| CY2023Q2 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
55000000 | usd |
| CY2023Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
1984000000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
33000000 | usd |
| CY2022Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
34000000 | usd |
| CY2023Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
27000000 | usd |
| CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
27000000 | usd |
| CY2023Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
27000000 | usd |
| CY2022Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
28000000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
5576000000 | usd |
| CY2022Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
5453000000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
2000000 | usd |
| CY2022Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
2000000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
5574000000 | usd |
| CY2022Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
5451000000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
2000000 | usd |
| CY2022Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
2000000 | usd |
| CY2022Q2 | apa |
Debt Instrument Number Of Credit Agreements
DebtInstrumentNumberOfCreditAgreements
|
2 | creditagreement |
| CY2023Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
89000000 | usd |
| CY2022Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
79000000 | usd |
| us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
177000000 | usd | |
| us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
169000000 | usd | |
| CY2023Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1000000 | usd |
| CY2022Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
5000000 | usd |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2000000 | usd | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
7000000 | usd | |
| CY2023Q2 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
5000000 | usd |
| CY2022Q2 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
5000000 | usd |
| us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
11000000 | usd | |
| us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
8000000 | usd | |
| CY2023Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
| CY2022Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
| us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
9000000 | usd | |
| us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-67000000 | usd | |
| CY2023Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3000000 | usd |
| CY2022Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3000000 | usd |
| us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
5000000 | usd | |
| us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7000000 | usd | |
| CY2023Q2 | apa |
Financing Costs Net
FinancingCostsNet
|
82000000 | usd |
| CY2022Q2 | apa |
Financing Costs Net
FinancingCostsNet
|
76000000 | usd |
| apa |
Financing Costs Net
FinancingCostsNet
|
154000000 | usd | |
| apa |
Financing Costs Net
FinancingCostsNet
|
228000000 | usd | |
| CY2023Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
52000000 | usd |
| CY2014Q1 | apa |
Royalty Obligation Non Current
RoyaltyObligationNonCurrent
|
100000000 | usd |
| CY2023Q2 | apa |
Obligations For Capacity Rights
ObligationsForCapacityRights
|
45000000 | usd |
| CY2023Q2 | us-gaap |
Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
|
1000000 | usd |
| CY2023Q2 | apa |
Decommissioning Costs Incurred
DecommissioningCostsIncurred
|
464000000 | usd |
| CY2023Q2 | apa |
Decommissioning Costs Reimbursed Amount
DecommissioningCostsReimbursedAmount
|
276000000 | usd |
| CY2023Q2 | apa |
Standby Loan Agreed To Provide Related To Asset Retirement Obligations
StandbyLoanAgreedToProvideRelatedToAssetRetirementObligations
|
400000000 | usd |
| CY2023Q2 | apa |
Decommissioning Contingency For Sold Properties Current And Noncurrent
DecommissioningContingencyForSoldPropertiesCurrentAndNoncurrent
|
922000000 | usd |
| CY2023Q2 | apa |
Decommissioning Contingency For Sold Properties
DecommissioningContingencyForSoldProperties
|
472000000 | usd |
| CY2023Q2 | apa |
Decommissioning Contingency For Sold Properties Current
DecommissioningContingencyForSoldPropertiesCurrent
|
450000000 | usd |
| CY2023Q2 | apa |
Decommissioning Security For Sold Properties Current And Noncurrent
DecommissioningSecurityForSoldPropertiesCurrentAndNoncurrent
|
507000000 | usd |
| CY2023Q2 | apa |
Decommissioning Security For Sold Properties
DecommissioningSecurityForSoldProperties
|
57000000 | usd |
| CY2023Q2 | apa |
Decommissioning Security For Sold Properties Current
DecommissioningSecurityForSoldPropertiesCurrent
|
450000000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
381000000 | usd |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
308000000 | shares |
| CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.24 | |
| CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
926000000 | usd |
| CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
341000000 | shares |
| CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.72 | |
| CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
381000000 | usd |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
309000000 | shares |
| CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.23 | |
| CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
926000000 | usd |
| CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
342000000 | shares |
| CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.71 | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
623000000 | usd | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
310000000 | shares | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.01 | ||
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2809000000 | usd | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
344000000 | shares | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
8.18 | ||
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
623000000 | usd | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
310000000 | shares | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.01 | ||
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
2809000000 | usd | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
344000000 | shares | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
8.15 | ||
| CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2100000 | shares |
| CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2000000 | shares |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2200000 | shares | |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2700000 | shares | |
| CY2018Q4 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
40000000 | shares |
| CY2021Q4 | apa |
Stock Repurchase Program Additional Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramAdditionalNumberOfSharesAuthorizedToBeRepurchased
|
40000000 | shares |
| CY2022Q3 | apa |
Stock Repurchase Program Additional Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramAdditionalNumberOfSharesAuthorizedToBeRepurchased
|
40000000 | shares |
| CY2023Q2 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1300000 | shares |
| CY2023Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
33.72 | |
| us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
5000000 | shares | |
| us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
37.53 | ||
| CY2023Q2 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
48000000 | shares |
| CY2022Q2 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
7000000 | shares |
| CY2022Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
41.60 | |
| us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
14200000 | shares | |
| us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
38.79 | ||
| CY2023Q2 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
77000000 | usd |
| CY2022Q2 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
43000000 | usd |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
155000000 | usd | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
86000000 | usd | |
| CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.125 | |
| CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
| us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment | |
| CY2023Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
361000000 | usd |
| CY2023Q2 | us-gaap |
Taxes Other
TaxesOther
|
50000000 | usd |
| CY2023Q2 | us-gaap |
Exploration Expense
ExplorationExpense
|
43000000 | usd |
| CY2023Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
367000000 | 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 Expenses
OperatingExpenses
|
1105000000 | usd |
| CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
691000000 | usd |
| CY2023Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
51000000 | 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
|
72000000 | usd |
| CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2000000 | usd |
| CY2023Q2 | apa |
Financing Costs Net
FinancingCostsNet
|
82000000 | usd |
| CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
700000000 | usd |
| us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
682000000 | usd | |
| us-gaap |
Taxes Other
TaxesOther
|
102000000 | usd | |
| us-gaap |
Exploration Expense
ExplorationExpense
|
95000000 | usd | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
699000000 | usd | |
| us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
57000000 | usd | |
| us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
46000000 | usd | |
| us-gaap |
Operating Expenses
OperatingExpenses
|
2184000000 | usd | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1620000000 | usd | |
| us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
104000000 | 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
|
137000000 | usd | |
| us-gaap |
Restructuring Charges
RestructuringCharges
|
6000000 | usd | |
| apa |
Financing Costs Net
FinancingCostsNet
|
154000000 | usd | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1510000000 | usd | |
| CY2023Q2 | us-gaap |
Assets
Assets
|
13244000000 | usd |
| CY2022Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
359000000 | usd |
| CY2022Q2 | us-gaap |
Taxes Other
TaxesOther
|
78000000 | usd |
| CY2022Q2 | us-gaap |
Exploration Expense
ExplorationExpense
|
56000000 | usd |
| CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
278000000 | usd |
| CY2022Q2 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
29000000 | usd |
| CY2022Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1422000000 | usd |
| CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1625000000 | usd |
| CY2022Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-32000000 | usd |
| CY2022Q2 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
-27000000 | usd |
| CY2022Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
64000000 | usd |
| CY2022Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
89000000 | usd |
| CY2022Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3000000 | usd |
| CY2022Q2 | apa |
Financing Costs Net
FinancingCostsNet
|
76000000 | usd |
| CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1462000000 | usd |
| us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
703000000 | usd | |
| us-gaap |
Exploration Expense
ExplorationExpense
|
98000000 | usd | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
569000000 | usd | |
| us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
58000000 | usd | |
| us-gaap |
Operating Expenses
OperatingExpenses
|
2630000000 | usd | |
| CY2022Q2 | us-gaap |
Assets
Assets
|
12924000000 | usd |
| CY2023Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
| CY2023Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
| CY2023Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
| CY2023Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |
