Apache 8-K 5 Aug 16 2016 Q1 Other Events Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 30, 2016
Document And Entity Information [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	APA
Entity Registrant Name	APACHE CORP
Entity Central Index Key	6,769
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		378,533,597

Statement of Consolidated Opera

Statement of Consolidated Operations (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Oil and gas production revenues
Oil and Gas Production Revenues	$ 1,087	$ 1,659
Other	(3)	(6)
Loss on divestitures	(1)	(18)
Total revenues and other	1,083	1,635
OPERATING EXPENSES:
Lease operating expenses	378	481
Gathering and transportation	52	56
Taxes other than income	11	73
Exploration	95	258
General and administrative	93	84
Depreciation, depletion, and amortization:
Depreciation, depletion and amortization	678	826
Asset retirement obligation accretion	38	36
Impairments	0	1,912
Transaction, reorganization, and separation	15	54
Financing costs, net	105	124
Total operating expenses	1,465	3,904
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(382)	(2,269)
Current income tax provision (benefit)	(10)	(52)
Deferred income tax provision (benefit)	(1)	(1,149)
NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(371)	(1,068)
Net loss from discontinued operations, net of tax	0	(238)
NET LOSS INCLUDING NONCONTROLLING INTEREST	(371)	(1,306)
Net income attributable to noncontrolling interest	1	28
NET LOSS ATTRIBUTABLE TO COMMON STOCK	(372)	(1,334)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS:
Net loss from continuing operations attributable to common shareholders	(372)	(1,096)
Net loss from discontinued operations	0	(238)
NET LOSS ATTRIBUTABLE TO COMMON STOCK	$ (372)	$ (1,334)
NET LOSS PER COMMON SHARE:
Basic net loss from continuing operations per share	$ (0.98)	$ (2.91)
Basic net loss from discontinued operations per share	0	(0.63)
Basic net loss per share	(0.98)	(3.54)
DILUTED NET LOSS PER COMMON SHARE:
Diluted net loss from continuing operations per share	(0.98)	(2.91)
Diluted net loss from discontinued operations per share	0	(0.63)
Diluted net loss per share	$ (0.98)	$ (3.54)
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
Basic (in shares)	378	377
Diluted (in shares)	378	377
DIVIDENDS DECLARED PER COMMON SHARE	$ 0.25	$ 0.25
Oil and gas property and equipment, Recurring [Member]
Depreciation, depletion, and amortization:
Depreciation, depletion and amortization	$ 636	$ 743
Other assets [Member]
Depreciation, depletion, and amortization:
Depreciation, depletion and amortization	42	83
Oil [Member]
Oil and gas production revenues
Oil and Gas Production Revenues	822	1,293
Gas [Member]
Oil and gas production revenues
Oil and Gas Production Revenues	223	308
Natural gas liquids [Member]
Oil and gas production revenues
Oil and Gas Production Revenues	$ 42	$ 58

Statement of Consolidated Cash

Statement of Consolidated Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss including noncontrolling interest	$ (371)	$ (1,306)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Loss from discontinued operations	0	238
Loss on divestitures	1	18
Exploratory dry hole expense and unproved leasehold impairments	71	203
Depreciation, depletion, and amortization	678	826
Asset retirement obligation accretion	38	36
Impairments	0	1,912
Provision (benefit) from deferred income taxes	(1)	(1,149)
Other	55	(3)
Changes in operating assets and liabilities:
Receivables	135	247
Inventories	10	22
Drilling advances	(17)	(169)
Deferred charges and other	(117)	(60)
Accounts payable	(75)	(190)
Accrued expenses	(141)	(193)
Deferred credits and noncurrent liabilities	(27)	77
NET CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES	239	509
NET CASH PROVIDED BY DISCONTINUED OPERATIONS	0	60
NET CASH PROVIDED BY OPERATING ACTIVITIES	239	569
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(546)	(1,517)
Leasehold and property acquisitions	(19)	(91)
Additions to gas gathering, transmission, and processing facilities	0	(63)
Other, net	10	(72)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES	(555)	(1,743)
NET CASH USED IN DISCONTINUED OPERATIONS	0	(252)
NET CASH USED IN INVESTING ACTIVITIES	(555)	(1,995)
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper and bank credit facilities, net	0	1,028
Distributions to noncontrolling interest	(54)	(21)
Dividends paid	(95)	(94)
Other	2	15
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES		928
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(147)	928
NET DECREASE IN CASH AND CASH EQUIVALENTS	(463)	(498)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	1,467	679
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,004	181
SUPPLEMENTARY CASH FLOW DATA:
Interest paid, net of capitalized interest	141	141
Income taxes paid, net of refunds	$ 84	$ 142

Consolidated Balance Sheet (Una

Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 1,004	$ 1,467
Receivables, net of allowance	1,120	1,253
Inventories	547	570
Drilling advances	190	172
Prepaid assets and other	399	290
Total current assets	3,260	3,752
Oil and gas, on the basis of successful efforts accounting:
Proved properties	42,161	41,728
Unproved properties and properties under development, not being amortized	2,241	2,277
Gathering, transmission and processing facilities	1,048	1,052
Other	1,094	1,093
Property and equipment, gross	46,544	46,150
Less: Accumulated depreciation, depletion, and amortization	(25,985)	(25,312)
Property and equipment, net	20,559	20,838
OTHER ASSETS:
Deferred charges and other	915	910
Total assets	24,734	25,500
CURRENT LIABILITIES:
Accounts payable	571	618
Other current liabilities (Note 5)	994	1,223
Total current liabilities	1,565	1,841
LONG-TERM DEBT	8,718	8,716
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Income taxes	2,533	2,529
Asset retirement obligation	2,586	2,562
Other	332	362
Total deferred credits and other noncurrent liabilities	5,451	5,453
COMMITMENTS AND CONTINGENCIES (Note 9)
EQUITY:
Common stock, $0.625 par, 860,000,000 shares authorized, 411,708,123 and 411,218,105 shares issued, respectively	257	257
Paid-in capital	12,553	12,619
Accumulated deficit	(2,352)	(1,980)
Treasury stock, at cost, 33,175,728 and 33,183,930 shares, respectively	(2,888)	(2,889)
Accumulated other comprehensive loss	(119)	(119)
APACHE SHAREHOLDERS’ EQUITY	7,451	7,888
Noncontrolling interest	1,549	1,602
TOTAL EQUITY	9,000	9,490
TOTAL LIABILITIES AND EQUITY	$ 24,734	$ 25,500

Consolidated Balance Sheet (Un5

Consolidated Balance Sheet (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.625	$ 0.625
Common stock, shares authorized	860,000,000	860,000,000
Common stock, shares issued	411,708,123	411,218,105
Treasury stock, shares	33,175,728	33,183,930

Statement of Consolidated Chang

Statement of Consolidated Changes in Equity (Unaudited) - USD ($) $ in Millions	Total	Common Stock [Member]	Paid-In Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Apache Shareholders' Equity [Member]	Non Controlling Interest [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Effect of change in accounting principle | Scenario, Previously Reported [Member]	$ (7,596)		$ 152				$ (7,442)	$ (154)
Effect of change in accounting principle | Restatement Adjustment [Member]				$ (7,594)
Beginning Balance (Scenario, Previously Reported [Member]) at Dec. 31, 2014	28,137	$ 256	12,438	16,249	$ (2,890)	$ (116)	25,937	2,200
Beginning Balance at Dec. 31, 2014	20,541	256	12,590	8,655	(2,890)	(116)	18,495	2,046
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,306)			(1,334)			(1,334)	28
Distributions to noncontrolling interest	(21)							(21)
Common dividends	(94)			(94)			(94)
Common stock activity, net	18		18				18
Treasury stock activity, net	1				1		1
Ending Balance at Mar. 31, 2015	19,139	256	12,608	7,227	(2,889)	(116)	17,086	2,053
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Effect of change in accounting principle | Scenario, Previously Reported [Member]	5,262		152	5,173		(3)	5,322	(60)
Beginning Balance (Scenario, Previously Reported [Member]) at Dec. 31, 2015	4,228	257	12,467	(7,153)	(2,889)	(116)	2,566	1,662
Beginning Balance at Dec. 31, 2015	9,490	257	12,619	(1,980)	(2,889)	(119)	7,888	1,602
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(371)			(372)			(372)	1
Distributions to noncontrolling interest	(54)							(54)
Common dividends	(95)		(95)				(95)
Other	30	0	29		1		30
Ending Balance at Mar. 31, 2016	$ 9,000	$ 257	$ 12,553	$ (2,352)	$ (2,888)	$ (119)	$ 7,451	$ 1,549

Statement of Consolidated Chan7

Statement of Consolidated Changes in Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Stockholders' Equity [Abstract]
Common stock, dividends, per share	$ 0.25	$ 0.25

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES As of March 31, 2016 , Apache’s significant accounting policies are consistent with those discussed in Note 1—Summary of Significant Accounting Policies to the consolidated financial statements contained in Apache’s Current Report on Form 8-K dated August 4, 2016 for the fiscal year ended December 31, 2015 . The Company’s financial statements for prior periods include reclassifications that were made to conform to the current-period presentation. During the second quarter of 2015, Apache completed the sale of its Australian LNG business and oil and gas assets. Results of operations and consolidated cash flows for the divested Australia assets are reflected as discontinued operations in the Company’s financial statements for all periods presented. For more information regarding these divestitures, please refer to Note 3—Acquisitions and Divestitures. Recast Financial Information for Change in Accounting Principle In the second quarter of 2016, Apache voluntarily changed its method of accounting for its oil and gas exploration and development activities from the full cost method to the successful efforts method of accounting. The financial information for prior periods has been recast to reflect retrospective application of the successful efforts method, as prescribed by the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 932 “Extractive Activities—Oil and Gas.” Although the full cost method of accounting for oil and gas exploration and development activities continues to be an accepted alternative, the successful efforts method of accounting is the generally preferred method of the U.S. Securities and Exchange Commission (SEC) and is more widely used in the industry such that the change will improve comparability of the Company's financial statements to its peers. The Company believes the successful efforts method provides a more representational depiction of assets and operating results. The successful efforts method also provides for the Company's investments in oil and gas properties to be assessed for impairment in accordance with ASC 360 "Property, Plant, and Equipment" rather than valuations based on prices and costs prescribed under the full cost method as of the balance sheet date. For more detailed information regarding the effects of the change to the successful efforts method, please refer to Note 2—Change in Accounting Principle. The Company has recast certain historical information for all periods presented, including the Statement of Consolidated Operations, Statement of Consolidated Cash Flows, Consolidated Balance Sheet, Statement of Consolidated Changes in Equity, and related information in Notes 1, 2, 3, 4, 5, 7, 8, 10, 11, and 12. In addition , the Company retrospectively adopted a new accounting standard update ASU 2015-03 "Simplifying the Presentation of Debt Issuance Costs," which requires debt issuance costs to be presented as a direct deduction from the carrying value of the associated debt liability, consistent with debt discounts. For more information regarding this update, please refer to Note 7—Debt and Financing Costs. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP 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. Significant estimates with regard to these financial statements include the fair value determination of acquired assets and liabilities, the estimate of proved oil and gas reserves and related present value estimates of future net cash flows therefrom, the assessment of asset retirement obligations, the estimates of fair value for long-lived assets and goodwill, and the estimate of income taxes. Actual results could differ from those estimates. Oil and Gas Property The Company follows the successful efforts method of accounting for its oil and gas property. Under this method of accounting, exploration costs such as exploratory dry holes, exploratory geological and geophysical costs, delay rentals, unproved impairments, and exploration overhead are expensed as incurred. All costs related to production, general corporate overhead, and similar activities are expensed as incurred. If an exploratory well provides evidence to justify potential development of reserves, drilling costs associated with the well are initially capitalized, or suspended, pending a determination as to whether a commercially sufficient quantity of proved reserves can be attributed to the area as a result of drilling. This determination may take longer than one year in certain areas depending on, among other things, the amount of hydrocarbons discovered, the outcome of planned geological and engineering studies, the need for additional appraisal drilling activities to determine whether the discovery is sufficient to support an economic development plan, and government sanctioning of development activities in certain international locations. At the end of each quarter, management reviews the status of all suspended exploratory well costs in light of ongoing exploration activities; in particular, whether the Company is making sufficient progress in its ongoing exploration and appraisal efforts or, in the case of discoveries requiring government sanctioning, whether development negotiations are underway and proceeding as planned. If management determines that future appraisal drilling or development activities are unlikely to occur, associated suspended exploratory well costs are expensed. Acquisition costs of unproved properties are assessed for impairment at least annually and are transferred to proved oil and gas properties to the extent the costs are associated with successful exploration activities. Significant undeveloped leases are assessed individually for impairment based on the Company’s current exploration plans. Unproved oil and gas properties with individually insignificant lease acquisition costs are amortized on a group basis over the average lease term at rates that provide for full amortization of unsuccessful leases upon lease expiration or abandonment. Costs of expired or abandoned leases are charged to exploration expense, while costs of productive leases are transferred to proved oil and gas properties. Costs of maintaining and retaining unproved properties, as well as amortization of individually insignificant leases and impairment of unsuccessful leases, are included in exploration costs in the statement of consolidated operations. Costs to develop proved reserves, including the costs of all development wells and related equipment used in the production of crude oil and natural gas, are capitalized. Depreciation of the cost of proved oil and gas properties is calculated using the unit-of-production (UOP) method. The UOP calculation multiplies the percentage of estimated proved reserves produced each quarter by the cost of those reserves. The reserve base used to calculate depreciation for leasehold acquisition costs and the cost to acquire proved properties is the sum of proved developed reserves and proved undeveloped reserves. With respect to lease and well equipment costs, which include development costs and successful exploration drilling costs, the reserve base includes only proved developed reserves. Estimated future dismantlement, restoration and abandonment costs, net of salvage values, are included in the depreciable cost. Oil and gas properties are grouped for depreciation in accordance with ASC 932 “Extractive Activities - Oil and Gas.” The basis for grouping is a reasonable aggregation of properties with a common geological structural feature or stratigraphic condition, such as a reservoir or field. When circumstances indicate that proved oil and gas properties may be impaired, the Company compares unamortized capitalized costs to the expected undiscounted pre-tax future cash flows for the associated assets grouped at the lowest level for which identifiable cash flows are independent of cash flows of other assets. If the expected undiscounted pre-tax future cash flows, based on Apache’s estimate of future crude oil and natural gas prices, operating costs, anticipated production from proved reserves and other relevant data, are lower than the unamortized capitalized cost, the capitalized cost is reduced to fair value. Fair value is generally estimated using the income approach described in the ASC 820 “Fair Value Measurement.” If applicable, the Company utilizes accepted bids as the basis for determining fair value. The expected future cash flows used for impairment reviews and related fair value calculations are typically based on judgmental assessments of future production volumes, commodity prices, operating costs, and capital investment plans, considering all available information at the date of review. These assumptions are applied to develop future cash flow projections that are then discounted to estimated fair value, using a discount rate believed to be consistent with those applied by market participants. Apache has classified these fair value measurements as Level 3 in the fair value hierarchy. The following table represents non-cash impairments of the carrying value of the Company’s proved and unproved property and equipment for the first quarters of 2016 and 2015 : Three months ended March 31, 2016 2015 (In millions) Oil and Gas Property: Proved $ — $ 1,912 Unproved 42 168 The fair value of the impaired proved properties as of March 31, 2015 was $1.2 billion . On the statement of consolidated operations, unproved impairments are recorded in exploration expense, and proved impairments are recorded in impairments. Gains and losses on significant divestitures are recognized in the statement of consolidated operations. See Note 3—Acquisitions and Divestitures for more detail. New Pronouncements Issued But Not Yet Adopted In March 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-09, which seeks to simplify accounting for share-based payment transactions including income tax consequences, classification of awards as either equity or liabilities, and the classification on the statement of cash flows. The new standard requires the Company to recognize the income tax effects of awards in the income statement when the awards vest or are settled. The guidance is effective for fiscal years beginning after December 15, 2016. Early adoption is permitted and if an entity early adopts the guidance in an interim period, any adjustments must be reflected as of the beginning of the fiscal year that includes that interim period. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, a new lease standard requiring lessees to recognize lease assets and lease liabilities for most leases classified as operating leases under previous U.S. GAAP. The guidance is effective for fiscal years beginning after December 15, 2018 with early adoption permitted. The Company will be required to use a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In May 2014, the FASB and the International Accounting Standards Board (IASB) issued a joint revenue recognition standard, ASU 2014-09. The new standard removes inconsistencies in existing standards, changes the way companies recognize revenue from contracts with customers, and increases disclosure requirements. The guidance requires companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. In March 2016, the FASB issued ASU 2016-08, which provides further clarification on the principal versus agent evaluation. The guidance is effective for annual and interim periods beginning after December 15, 2017. The standard is required to be adopted using either the full retrospective approach, with all prior periods presented adjusted, or the modified retrospective approach, with a cumulative adjustment to retained earnings on the opening balance sheet. The Company is currently evaluating the level of effort needed to implement the standard, the impact of adopting this standard on its consolidated financial statements, and whether to use the full retrospective approach or the modified retrospective approach.

Change in Accounting Principle

Change in Accounting Principle	3 Months Ended
	Mar. 31, 2016
Accounting Changes and Error Corrections [Abstract]
Change in Accounting Principle	CHANGE IN ACCOUNTING PRINCIPLE During the second quarter of 2016, the Company voluntarily changed its method of accounting for oil and gas exploration and development activities from the full cost method to the successful efforts method. Accordingly, financial information for prior periods has been recast to reflect retrospective application of the successful efforts method. In general, under successful efforts, exploration expenditures such as exploratory dry holes, exploratory geological and geophysical costs, delay rentals, unproved impairments, and exploration overhead are charged against earnings as incurred, versus being capitalized under the full cost method of accounting. Successful efforts also provides for the assessment of potential property impairments under ASC 360 by comparing the net carrying value of oil and gas properties with associated projected undiscounted pre-tax future net cash flows. If the expected undiscounted pre-tax future net cash flows are lower than the unamortized capitalized costs, the capitalized cost is reduced to fair value. Under the full cost method of accounting, a write-down would be required if the net carrying value of oil and gas properties exceeds a full cost “ceiling,” using an unweighted arithmetic average of commodity prices in effect on the first day of each of the previous 12 months. In addition, gains or losses, if applicable, are generally recognized on the dispositions of oil and gas property and equipment under the successful efforts method, as opposed to an adjustment to the net carrying value of the remaining assets under the full cost method. Apache’s consolidated financial statements have been recast to reflect these differences. The following tables present the effects of the change to the successful efforts method in the statement of consolidated operations: Changes to the Statement of Consolidated Operations For the Quarter Ended March 31, 2016 Under Full Cost Changes* As Reported Under Successful Efforts (In millions, except per share data) Oil revenues $ 795 $ 27 $ 822 Natural gas revenues 223 — 223 NGL revenues 42 — 42 Oil and gas production revenues 1,060 27 1,087 Other (5 ) 2 (3 ) Loss on divestitures (2 ) 1 (1 ) Exploration — 95 95 Depreciation, depletion, and amortization: Oil and Gas Property and Equipment Recurring 552 84 636 Additional 488 (488 ) — Financing costs, net 90 15 105 Current income tax provision 35 (45 ) (10 ) Deferred income tax provision (benefit) (181 ) 180 (1 ) NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (561 ) 190 (371 ) Net income (loss) attributable to noncontrolling interest (72 ) 73 1 NET LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO COMMON SHAREHOLDERS (489 ) 117 (372 ) Net loss from discontinued operations — — — NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS (489 ) 117 (372 ) Per common share Basic net loss from continuing operations per share $ (1.29 ) $ 0.31 $ (0.98 ) Basic net loss from discontinued operations per share — — — Basic net loss per share $ (1.29 ) $ 0.31 $ (0.98 ) Diluted net loss from continuing operations per share $ (1.29 ) $ 0.31 $ (0.98 ) Diluted net loss from discontinued operations per share — — — Diluted net loss per share $ (1.29 ) $ 0.31 $ (0.98 ) Changes to the Statement of Consolidated Operations For the Quarter Ended March 31, 2015 Under Full Cost Changes* As Reported Under Successful Efforts (In millions, except per share data) Oil revenues $ 1,280 $ 13 $ 1,293 Natural gas revenues 300 8 308 NGL revenues 58 — 58 Oil and gas production revenues 1,638 21 1,659 Other (8 ) 2 (6 ) Loss on divestitures — (18 ) (18 ) Exploration — 258 258 General and administrative 82 2 84 Depreciation, depletion, and amortization: Oil and Gas Property and Equipment Recurring 999 (256 ) 743 Additional 7,220 (7,220 ) — Impairments — 1,912 1,912 Financing costs, net 69 55 124 Current income tax provision (benefit) (85 ) 33 (52 ) Deferred income tax provision (benefit) (2,935 ) 1,786 (1,149 ) NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (4,504 ) 3,436 (1,068 ) Net income attributable to noncontrolling interest 15 13 28 NET LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO COMMON SHAREHOLDERS (4,519 ) 3,423 (1,096 ) Net loss from discontinued operations (132 ) (106 ) (238 ) NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS (4,651 ) 3,317 (1,334 ) Per common share Basic net loss from continuing operations per share $ (11.99 ) $ 9.08 $ (2.91 ) Basic net loss from discontinued operations per share (0.35 ) (0.28 ) (0.63 ) Basic net loss per share $ (12.34 ) $ 8.80 $ (3.54 ) Diluted net loss from continuing operations per share $ (11.99 ) $ 9.08 $ (2.91 ) Diluted net loss from discontinued operations per share (0.35 ) (0.28 ) (0.63 ) Diluted net loss per share $ (12.34 ) $ 8.80 $ (3.54 ) The following tables present the effects of the change to the successful efforts method in the statement of consolidated cash flows: Changes to the Statement of Consolidated Cash Flows For the Quarter Ended March 31, 2016 Under Full Cost Changes* As Reported Under Successful Efforts (In millions) Net loss including noncontrolling interest $ (561 ) $ 190 $ (371 ) Loss on divestitures, net 2 (1 ) 1 Exploratory dry hole expense and unproved leasehold impairments — 71 71 Depreciation, depletion, and amortization 1,082 (404 ) 678 Provision for (benefit from) deferred income taxes (181 ) 180 (1 ) Changes in operating assets and liabilities (159 ) (73 ) (232 ) Net cash provided by operating activities - continuing operations 276 (37 ) 239 Additions to oil and gas property (583 ) 37 (546 ) Net cash used in investing activities - continuing operations (592 ) 37 (555 ) NET INCREASE (DECREASE) IN CASH (463 ) — (463 ) BEGINNING CASH BALANCE 1,467 — 1,467 ENDING CASH BALANCE 1,004 — 1,004 Changes to the Statement of Consolidated Cash Flows For the Quarter Ended March 31, 2015 Under Full Cost Changes* As Reported Under Successful Efforts (In millions) Net loss including noncontrolling interest $ (4,636 ) $ 3,330 $ (1,306 ) Loss from discontinued operations 132 106 238 Loss on divestitures, net — 18 18 Exploratory dry hole expense and unproved leasehold impairments — 203 203 Depreciation, depletion, and amortization 8,302 (7,476 ) 826 Impairments — 1,912 1,912 Provision for (benefit from) deferred income taxes (2,935 ) 1,786 (1,149 ) Changes in operating assets and liabilities (319 ) 53 (266 ) Net cash provided by operating activities - continuing operations 577 (68 ) 509 Net cash provided by operating activities - discontinued operations 73 (13 ) 60 Additions to oil and gas property (1,627 ) 110 (1,517 ) Net cash used in investing activities - continuing operations (1,853 ) 110 (1,743 ) Net cash used in investing activities - discontinued operations (265 ) 13 (252 ) NET INCREASE (DECREASE) IN CASH (540 ) 42 (498 ) BEGINNING CASH BALANCE 769 (90 ) 679 ENDING CASH BALANCE 229 (48 ) 181 The following tables present the effects of the change to the successful efforts method in the consolidated balance sheet: Changes to the Consolidated Balance Sheet March 31, 2016 Under Full Cost Changes* As Reported Under Successful Efforts (In millions) Prepaid assets and other $ 361 $ 38 $ 399 PROPERTY AND EQUIPMENT: Property and equipment - cost 94,326 (47,782 ) 46,544 Less: Accumulated depreciation, depletion, and amortization (80,784 ) 54,799 (25,985 ) PROPERTY AND EQUIPMENT, NET 13,542 7,017 20,559 TOTAL ASSETS 17,679 7,055 24,734 Other current liabilities 1,027 (33 ) 994 Income taxes 891 1,642 2,533 Paid-in capital 12,407 146 12,553 Accumulated deficit (7,642 ) 5,290 (2,352 ) Accumulated other comprehensive loss (116 ) (3 ) (119 ) Noncontrolling interest 1,536 13 1,549 TOTAL EQUITY 3,554 5,446 9,000 Changes to the Consolidated Balance Sheet December 31, 2015 Under Full Cost Changes* As Reported Under Successful Efforts (In millions) PROPERTY AND EQUIPMENT: Property and equipment - cost $ 93,825 $ (47,675 ) $ 46,150 Less: Accumulated depreciation, depletion, and amortization (79,706 ) 54,394 (25,312 ) PROPERTY AND EQUIPMENT, NET 14,119 6,719 20,838 TOTAL ASSETS 18,781 6,719 25,500 Income taxes 1,072 1,457 2,529 Paid-in capital 12,467 152 12,619 Accumulated deficit (1) (7,153 ) 5,173 (1,980 ) Accumulated other comprehensive loss (116 ) (3 ) (119 ) Noncontrolling interest 1,662 (60 ) 1,602 TOTAL EQUITY 4,228 5,262 9,490 *In conjunction with recasting the financial information for the adoption of the successful efforts method of accounting, we corrected certain immaterial errors in the North Sea pertaining to the improper calculation of deferred tax liabilities associated with capitalized interest under the full cost method. (1) The cumulative effect of the change to the successful efforts method on retained earnings (accumulated deficit) as of January 1, 2015 was a decrease of $7.6 billion .

Acquisitions and Divestitures

Acquisitions and Divestitures	3 Months Ended
	Mar. 31, 2016
Business Combinations [Abstract]
Acquisitions and Divestitures	ACQUISITIONS AND DIVESTITURES 2015 Activity Canada Divestiture In April 2015, Apache's subsidiaries completed the sale of its 50 percent interest in the Kitimat LNG project and upstream acreage in the Horn River and Liard natural gas basins to Woodside Petroleum Limited (Woodside). Proceeds at closing were $854 million , of which approximately $344 million were associated with LNG assets and $510 million were associated with upstream assets. The proceeds are subject to post-closing adjustments. For additional details related to post-closing adjustments, please see Note 9—Commitments and Contingencies. The Kitimat LNG assets classified as held for sale as of December 31, 2014 were impaired $655 million in the fourth quarter of 2014. Apache recognized a $146 million gain on the sale of the upstream assets upon completion of the sale. Australia Divestitures Woodside Sale In April 2015, Apache's subsidiaries completed the sale of its interest in the Wheatstone LNG project and associated upstream oil and gas assets to Woodside. Proceeds at closing were $2.8 billion , of which approximately $1.4 billion were associated with LNG assets and $1.4 billion were associated with the upstream assets. The proceeds are subject to post-closing adjustments. For additional details related to post-closing adjustments, please see Note 9—Commitments and Contingencies. The Wheatstone LNG assets and associated upstream assets were impaired $833 million in the fourth quarter of 2014 and classified as held for sale as of December 31, 2014. An additional impairment of approximately $49 million was recognized in the first quarter of 2015. No additional gain or loss was recognized on the ultimate disposal of the LNG project and upstream assets. Consortium Sale In June 2015, Apache's subsidiaries completed the sale of the Company's Australian subsidiary Apache Energy Limited (AEL) to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management Inc. Total proceeds of $1.9 billion included customary, post-closing adjustments for the period between the effective date, October 1, 2014, and closing. A loss of approximately $139 million was recognized for the sale of AEL. Upon closing of the sale of substantially all Australian operations, the associated results of operations for the divested Australian assets and the losses on disposal were classified as discontinued operations in all periods presented in this Current Report on Form 8-K. Sales and other operating revenues and loss from discontinued operations related to the Australia dispositions were as follows: For the Quarter Ended March 31, 2016 2015 (In millions) Revenues and other from discontinued operations $ — $ 187 Impairment on Woodside sale $ — $ (49 ) Income from divested Australian operations — 10 Income tax expense — (199 ) Loss from Australian discontinued operations, net of tax $ — $ (238 ) Leasehold and Property Acquisitions During the first quarter of 2015 , Apache completed $91 million of leasehold and property acquisitions primarily in our North America onshore regions. Transaction, Reorganization, and Separation During the first quarter of 2015 , Apache recorded $54 million in expense related to various asset transactions, company reorganization, and employee separation.

Capitalized Exploratory Well Co

Capitalized Exploratory Well Costs	3 Months Ended
	Mar. 31, 2016
Extractive Industries [Abstract]
Capitalized Exploratory Well Costs	CAPITALIZED EXPLORATORY WELL COSTS The Company’s capitalized exploratory well costs were $240 million and $245 million at March 31, 2016​ and December 31, 2015, respectively. The decrease is primarily attributable to successful transfers and dry hole write-offs, partially offset by drilling activities. During the three months ended March 31, 2016, changes to exploratory well costs previously capitalized for a period greater than one year since the completion of drilling at December 31, 2015 were not material. Projects with suspended exploratory well costs capitalized for a period greater than one year since the completion of drilling are those identified by management as exhibiting sufficient quantities of hydrocarbons to justify potential development. Management is actively pursuing efforts to assess whether reserves can be attributed to these projects.

Other Current Liabilities

Other Current Liabilities	3 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Other Current Liabilities	OTHER CURRENT LIABILITIES The following table provides detail of our other current liabilities as of March 31, 2016 and December 31, 2015 : March 31, 2016 December 31, 2015 (In millions) Accrued operating expenses $ 125 $ 139 Accrued exploration and development 537 637 Accrued compensation and benefits 75 166 Accrued interest 108 144 Accrued income taxes 48 47 Current debt 1 1 Current asset retirement obligation 36 36 Other 64 53 Total Other current liabilities $ 994 $ 1,223

Asset Retirement Obligation

Asset Retirement Obligation	3 Months Ended
	Mar. 31, 2016
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation	ASSET RETIREMENT OBLIGATION The following table describes changes to the Company’s asset retirement obligation (ARO) liability for the three -month period ended March 31, 2016 : (In millions) Asset retirement obligation at December 31, 2015 $ 2,598 Liabilities incurred 1 Liabilities settled (15 ) Accretion expense 38 Asset retirement obligation at March 31, 2016 2,622 Less current portion 36 Asset retirement obligation, long-term $ 2,586

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Legal Matters Apache is party to various legal actions arising in the ordinary course of business, including litigation and governmental and regulatory controls. As of March 31, 2016 , the Company has an accrued liability of approximately $14 million for all legal contingencies that are deemed to be probable of occurring and can be reasonably estimated. Apache’s estimates are based on information known about the matters and its experience in contesting, litigating, and settling similar matters. Although actual amounts could differ from management’s estimate, none of the actions are believed by management to involve future amounts that would be material to Apache’s financial position, results of operations, or liquidity after consideration of recorded accruals. For material matters that Apache believes an unfavorable outcome is reasonably possible, the Company has disclosed the nature of the matter and a range of potential exposure, unless an estimate cannot be made at this time. It is management’s opinion that the loss for any other litigation matters and claims that are reasonably possible to occur will not have a material adverse effect on the Company’s financial position, results of operations, or liquidity. For additional information on each of the Legal Matters described below, please see Note 9—Commitments and Contingencies to the consolidated financial statements contained in Apache’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 . Argentine Environmental Claims and Argentina Tariff No material change in the status of the YPF Sociedad Anónima and Pioneer Natural Resources Company indemnities matters has occurred since the filing of Apache’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 . Louisiana Restoration As more fully described in Apache’s Annual Report on Form 10-K for its 2015 fiscal year, numerous surface owners have filed claims or sent demand letters to various oil and gas companies, including Apache, claiming that, under either express or implied lease terms or Louisiana law, the companies are liable for damage measured by the cost of restoration of leased premises to their original condition as well as damages for contamination and cleanup. In respect of three lawsuits filed by the Parish of Plaquemines against the Company and other oil and gas producers in the 25 th Judicial District Court for the Parish of Plaquemines, State of Louisiana (captioned Parish of Plaquemines v. Rozel Operating Company et al., Docket No. 60-996; Parish of Plaquemines v. Apache Oil Corporation et al., Docket No. 61-000; and Parish of Plaquemines v. HHE Energy Company et al., Docket No. 60-983), in April 2016 the Plaquemines Parish Council reversed course and decided not to dismiss the lawsuits. The Louisiana Attorney General has announced his intention to intervene in the three Plaquemines Parish proceedings and in the Cameron Parish proceedings in the Parish’s 38 th Judicial District Court, captioned Parish of Cameron v. BEPCO, L.P., et al. , Docket No. 10-19572; Parish of Cameron v. BP America Production Company et al. , Docket No. 10-19576; Parish of Cameron v. Apache Corporation (of Delaware) et al. , Docket No. 10-19579; Parish of Cameron v. Atlantic Richfield Company et al. , Docket No. 10-19577; Parish of Cameron v. Alpine Exploration Companies, Inc., et al. , Docket No. 19580; and Parish of Cameron v. Auster Oil and Gas, Inc., et al , Docket No. 10-19582. No other material change in the status of these matters has occurred since the filing of Apache’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 . Apollo Exploration Lawsuit In a fourth amended petition filed on March 21, 2016, in a case captioned Apollo Exploration, LLC, Cogent Exploration, Ltd. Co. & SellmoCo, LLC v. Apache Corporation , Cause No. CV50538 in the 385 th Judicial District Court, Midland County, Texas, plaintiffs have reduced their alleged damages to approximately $500 million (having previously claimed in excess of $1.1 billion ) relating to certain purchase and sale agreements, mineral leases, and areas of mutual interest agreements concerning properties located in Hartley, Moore, Potter, and Oldham Counties, Texas. Apache believes that plaintiffs’ claims lack merit, and further that plaintiffs’ alleged damages, even as amended, are grossly inflated. Apache will vigorously oppose the claims. No other material change in the status of these matters has occurred since the filing of Apache’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 . Escheat Audits There has been no other material change with respect to the review of the books and records of the Company and its subsidiaries and related entities by the State of Delaware, Department of Finance (Unclaimed Property), to determine compliance with the Delaware Escheat Laws, since the filing of Apache’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 . Burrup-Related Gas Supply Lawsuits In the cases captioned Radhika Oswal v. Australia and New Zealand Banking Group Limited (ANZ) et al. , No. SCI 2011 4653 and Pankaj Oswal v. Australia and New Zealand Banking Group Limited (ANZ) et al. , No. SCI 2012 01995, in the Supreme Court of Victoria, trial is set to commence on May 30, 2016. No other material change in the status of this matter has occurred since the filing of Apache’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 . Environmental Matters As of March 31, 2016 , the Company had an undiscounted reserve for environmental remediation of approximately $56 million . The Company is not aware of any environmental claims existing as of March 31, 2016 , that have not been provided for or would otherwise have a material impact on its financial position, results of operations, or liquidity. There can be no assurance, however, that current regulatory requirements will not change or past non-compliance with environmental laws will not be discovered on the Company’s properties. With respect to the summons and information containing charges relating to a leak of produced water in the Zama area that occurred on or between October 3 and October 25, 2013, and the summons and information containing charges relating to a leak of produced water in the Belloy Field operating area that occurred on or about January 20, 2014, the Company does not expect the economic impact of these incidents to have a material effect on the Company’s financial position, results of operations, or liquidity. No other material change in the status of these matters has occurred since the filing of Apache’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 . LNG Divestiture Dispute In respect of the purchase by Woodside of the Wheatstone and Kitimat LNG projects and accompanying upstream oil and gas reserves from the Company and its subsidiaries, several court proceedings are pending in the Supreme Court of Western Australia (Case Nos. 2315 of 2015, 2798 of 2015, 1504 of 2016, 1520 of 2016, and 1521 of 2016) concerning or arising out of the Wheatstone sale and purchase agreement, including whether certain amounts are due and owing Apache from Woodside and whether certain of Woodside’s purchase price adjustment claims are time-barred. In addition, Woodside is attempting to commence third party expert determination proceedings at the ICC International Centre for ADR in respect of certain aspects of its purchase price adjustment claims. The Company believes that under the terms of the sale and purchase agreements, Woodside’s requests for payment of purchase price adjustments lack merit and further that Woodside must reimburse Apache certain costs relating to Wheatstone and Kitimat; therefore, the Company has not recorded a liability associated with this dispute. No other material change in the status of these matters has occurred since the filing of Apache’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 .

Debt and Financing Costs

Debt and Financing Costs	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Debt and Financing Costs	DEBT AND FINANCING COSTS The following table presents the carrying amounts and estimated fair values of the Company’s outstanding debt as of March 31, 2016 and December 31, 2015 : March 31, 2016 December 31, 2015 Carrying Amount Fair Value Carrying Amount Fair Value (In millions) Commercial paper and committed bank facilities $ — $ — $ — $ — Notes and debentures 8,719 8,561 8,717 8,330 Total Debt $ 8,719 $ 8,561 $ 8,717 $ 8,330 The Company’s debt is recorded at the carrying amount, net of related unamortized discount and debt issuance costs, on its consolidated balance sheet. The carrying amount of the Company’s commercial paper, committed bank facilities, and uncommitted bank lines approximates fair value because the interest rates are variable and reflective of market rates. Apache uses a market approach to determine the fair value of its notes and debentures using estimates provided by an independent investment financial data services firm (a Level 2 fair value measurement). As of March 31, 2016 , the Company had a $3.5 billion five -year revolving credit facility which matures in June 2020 . Proceeds from borrowings may be used for general corporate purposes. Apache’s available borrowing capacity under this facility supports its $3.5 billion commercial paper program. The commercial paper program, which is subject to market availability, facilitates Apache borrowing funds for up to 270 days at competitive interest rates. As of March 31, 2016 , the Company had no debt outstanding under commercial paper, committed bank facilities, and uncommitted bank lines. As of March 31, 2016 , the Company had a £900 million three -year letter of credit facility which matures in February 2019. The facility is available for letters of credit and loans to cash collateralize letter of credit obligations to the extent letters of credit are unavailable under the facility. In April 2015, the FASB issued ASU 2015-03 "Simplifying the Presentation of Debt Issuance Costs," which requires debt issuance costs to be presented as a direct deduction from the carrying value of the associated debt liability. The Company adopted this update in the first quarter of 2016 and applied the changes retrospectively for all periods presented. At December 31, 2015 , the Company had debt issuance costs of $61 million classified as a long-term asset as a component of "deferred charges and other" on the balance sheet that have been netted against "long-term debt" in these unaudited interim financial statements. As of March 31, 2016 , long-term debt is presented net of debt issuance costs of $59 million . Financing Costs, Net The following table presents the components of Apache’s financing costs, net: For the Quarter Ended March 31, 2016 2015 (In millions) Interest expense $ 116 $ 128 Amortization of deferred loan costs 1 2 Capitalized interest (11 ) (4 ) Interest income (1 ) (2 ) Financing costs, net $ 105 $ 124

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company estimates its annual effective income tax rate for continuing operations in recording its quarterly provision for income taxes in the various jurisdictions in which the Company operates. Non-cash write-downs of the carrying value of the Company’s proved oil and gas properties, statutory tax rate changes, and other significant or unusual items are recognized as discrete items in the quarter in which they occur. During the first quarter of 2016, Apache’s effective income tax rate was primarily impacted by an increase in the valuation allowance on Canadian deferred tax assets. During the first quarter of 2015, Apache’s effective tax rate was primarily impacted by non-cash impairments of the carrying value of the Company's proved oil and gas properties and a $414 million discrete deferred tax benefit associated with a reduction in the U.K. statutory income tax rate from 62 percent to 50 percent .

Capital Stock

Capital Stock	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Capital Stock	CAPITAL STOCK Net Loss per Common Share A reconciliation of the components of basic and diluted net loss per common share for the quarters ended March 31, 2016 and 2015 is presented in the table below. For the Quarter Ended March 31, 2016 2015 Loss Shares Per Share Loss Shares Per Share (In millions, except per share amounts) Basic: Loss from continuing operations $ (372 ) 378 $ (0.98 ) $ (1,096 ) 377 $ (2.91 ) Loss from discontinued operations — 378 — (238 ) 377 (0.63 ) Loss attributable to common stock $ (372 ) 378 $ (0.98 ) $ (1,334 ) 377 $ (3.54 ) Effect of Dilutive Securities: Stock options and other $ — — $ — $ — — $ — Diluted: Loss from continuing operations $ (372 ) 378 $ (0.98 ) $ (1,096 ) 377 $ (2.91 ) Loss from discontinued operations — 378 — (238 ) 377 (0.63 ) Loss attributable to common stock $ (372 ) 378 $ (0.98 ) $ (1,334 ) 377 $ (3.54 ) The diluted earnings per share calculation excludes options and restricted stock units that were anti-dilutive totaling 7.1 million and 9.1 million for the quarters ended March 31, 2016 and 2015 , respectively. Common Stock Dividends For the quarters ended March 31, 2016 , and 2015 , Apache paid $95 million and $94 million , respectively, in dividends on its common stock. Stock Repurchase Program Apache’s Board of Directors has authorized the purchase of up to 40 million shares of the Company’s common stock. Shares may be purchased either in the open market or through privately negotiated transactions. The Company initiated the buyback program on June 10, 2013, and through December 31, 2015 , had repurchased a total of 32.2 million shares at an average price of $88.96 per share. The Company is not obligated to acquire any specific number of shares and has not purchased any shares during 2016.

Business Segment Information

Business Segment Information	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Business Segment Information	BUSINESS SEGMENT INFORMATION Apache is engaged in a single line of business. Both domestically and internationally, the Company explores for, develops, and produces natural gas, crude oil, and natural gas liquids. At March 31, 2016 , the Company had production in four reporting segments: the United States, Canada, Egypt, and offshore the United Kingdom in the North Sea (North Sea). Apache also pursues exploration interests in other areas that may, over time, result in reportable discoveries and development opportunities. Financial information for each country is presented below: United States Canada Egypt (1) North Sea Other International Total (3) (In millions) For the Quarter Ended March 31, 2016 Oil and Gas Production Revenues $ 409 $ 83 $ 392 $ 203 $ — $ 1,087 Operating Income (Loss) (2) $ (159 ) $ (62 ) $ 42 $ 14 $ — $ (165 ) Other Income (Expense): Loss on divestitures, net (1 ) Other (3 ) General and administrative (93 ) Transaction, reorganization, and separation (15 ) Financing costs, net (105 ) Loss From Continuing Operations Before Income Taxes $ (382 ) Total Assets $ 12,726 $ 2,118 $ 5,527 $ 4,314 $ 49 $ 24,734 For the Quarter Ended March 31, 2015 Oil and Gas Production Revenues $ 660 $ 133 $ 553 $ 313 $ — $ 1,659 Operating Income (Loss) (2) $ (2,019 ) $ (96 ) $ 164 $ (31 ) $ (1 ) $ (1,983 ) Other Income (Expense): Loss on divestitures, net (18 ) Other (6 ) General and administrative (84 ) Transaction, reorganization, and separation (54 ) Financing costs, net (124 ) Loss From Continuing Operations Before Income Taxes $ (2,269 ) Total Assets $ 19,522 $ 4,696 $ 6,920 $ 4,386 $ 645 $ 36,169 (1) Includes a noncontrolling interest in Egypt. (2) Operating Income (Loss) consists of oil and gas production revenues less lease operating expenses, gathering and transportation costs, taxes other than income, exploration costs, depreciation, depletion, and amortization, asset retirement obligation accretion, and impairments. The operating income (loss) of U.S., Canada, Egypt, and North Sea for the first quarter of 2015 includes asset impairments totaling $1.9 billion , $26 million , $8 million , and $104 million , respectively. (3) Amounts for 2015 have been restated to exclude Australia discontinued operations.

Supplemental Guarantor Informat

Supplemental Guarantor Information	3 Months Ended
	Mar. 31, 2016
Guarantees [Abstract]
Supplemental Guarantor Information	SUPPLEMENTAL GUARANTOR INFORMATION In December 1999, Apache Finance Canada issued approximately $300 million of publicly-traded notes due in 2029 . The notes are fully and unconditionally guaranteed by Apache. The following condensed consolidating financial statements are provided as an alternative to filing separate financial statements. Apache Finance Canada is 100 percent owned by Apache Corporation. As such, these condensed consolidating financial statements should be read in conjunction with Apache’s consolidated financial statements and the notes thereto, of which this note is an integral part. APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the Quarter Ended March 31, 2016 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) REVENUES AND OTHER: Oil and gas production revenues $ 217 $ — $ 870 $ — $ 1,087 Equity in net income of affiliates (108 ) (26 ) — 134 — Other 28 12 (43 ) — (3 ) Gain (loss) on divestiture (1 ) — — — (1 ) 136 (14 ) 827 134 1,083 OPERATING EXPENSES: Lease operating expenses 78 — 300 — 378 Gathering and transportation 8 — 44 — 52 Taxes other than income 21 — (10 ) — 11 Exploration 50 — 45 — 95 General and administrative 77 — 16 — 93 Depreciation, depletion, and amortization 156 — 522 — 678 Asset retirement obligation accretion 4 — 34 — 38 Impairments — — — — — Transaction, reorganization, and separation 15 — — — 15 Financing costs, net 61 10 34 — 105 470 10 985 — 1,465 NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (334 ) (24 ) (158 ) 134 (382 ) Provision (benefit) for income taxes 37 2 (50 ) — (11 ) NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (371 ) (26 ) (108 ) 134 (371 ) Net income (loss) from discontinued operations, net of tax — — — — — NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST (371 ) (26 ) (108 ) 134 (371 ) Net loss attributable to noncontrolling interest — — 1 — 1 NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK $ (371 ) $ (26 ) $ (109 ) $ 134 $ (372 ) APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the Quarter Ended March 31, 2015 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) REVENUES AND OTHER: Oil and gas production revenues $ 365 $ — $ 1,294 $ — $ 1,659 Equity in net income (loss) of affiliates (1,246 ) (53 ) 1 1,298 — Other (38 ) 14 18 — (6 ) Gain (loss) on divestiture (13 ) — (5 ) — (18 ) (932 ) (39 ) 1,308 1,298 1,635 OPERATING EXPENSES: Lease operating expenses 124 — 357 — 481 Gathering and transportation 9 — 47 — 56 Taxes other than income 33 — 40 — 73 Exploration 95 — 163 — 258 General and administrative 64 — 20 — 84 Depreciation, depletion, and amortization 262 — 564 — 826 Asset retirement obligation accretion 4 — 32 — 36 Impairments 1,164 — 748 — 1,912 Transaction, reorganization, and separation 54 — — — 54 Financing costs, net 99 10 15 — 124 1,908 10 1,986 — 3,904 NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (2,840 ) (49 ) (678 ) 1,298 (2,269 ) Provision (benefit) for income taxes (1,506 ) 3 302 — (1,201 ) NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (1,334 ) (52 ) (980 ) 1,298 (1,068 ) Net loss from discontinued operations, net of tax — — (238 ) — (238 ) NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST (1,334 ) (52 ) (1,218 ) 1,298 (1,306 ) Net income attributable to noncontrolling interest — — 28 — 28 NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK $ (1,334 ) $ (52 ) $ (1,246 ) $ 1,298 $ (1,334 ) APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Quarter Ended March 31, 2016 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) CASH PROVIDED BY OPERATING ACTIVITIES $ 44 $ 11 $ 184 $ — $ 239 CASH FLOWS FROM INVESTING ACTIVITIES: Additions to oil and gas property (81 ) — (465 ) — (546 ) Leasehold and property acquisitions (19 ) — — — (19 ) Additions to gas gathering, transmission, and processing facilities 1 — (1 ) — — Investment in subsidiaries, net (6 ) — — 6 — Other (34 ) — 44 — 10 NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (139 ) — (422 ) 6 (555 ) CASH FLOWS FROM FINANCING ACTIVITIES: Intercompany borrowings — (7 ) 13 (6 ) — Distributions to noncontrolling interest — — (54 ) — (54 ) Dividends paid (95 ) — — — (95 ) Other 1 (4 ) 5 — 2 NET CASH USED IN FINANCING ACTIVITIES (94 ) (11 ) (36 ) (6 ) (147 ) NET DECREASE IN CASH AND CASH EQUIVALENTS (189 ) — (274 ) — (463 ) CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 378 — 1,089 — 1,467 CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 189 $ — $ 815 $ — $ 1,004 APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Quarter Ended March 31, 2015 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES $ (470 ) $ (3 ) $ 982 $ — $ 509 CASH PROVIDED BY DISCONTINUED OPERATIONS — — 60 — 60 CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (470 ) (3 ) 1,042 — 569 CASH FLOWS FROM INVESTING ACTIVITIES: Additions to oil and gas property (697 ) — (820 ) — (1,517 ) Leasehold and property acquisitions (92 ) — 1 — (91 ) Additions to gas gathering, transmission, and processing facilities (22 ) — (41 ) — (63 ) Investment in subsidiaries, net 105 — — (105 ) — Other (18 ) — (54 ) — (72 ) NET CASH USED IN CONTINUING INVESTING ACTIVITIES (724 ) — (914 ) (105 ) (1,743 ) NET CASH USED IN DISCONTINUED OPERATIONS — — (252 ) — (252 ) NET CASH USED IN INVESTING ACTIVITIES (724 ) — (1,166 ) (105 ) (1,995 ) CASH FLOWS FROM FINANCING ACTIVITIES: Commercial paper and bank credit facilities, net 1,028 — — — 1,028 Intercompany borrowings — (1 ) (104 ) 105 — Distributions to noncontrolling interest — — (21 ) — (21 ) Dividends paid (94 ) — — — (94 ) Other 2 4 9 — 15 NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES 936 3 (116 ) 105 928 NET CASH USED IN DISCONTINUED OPERATIONS — — — — — NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 936 3 (116 ) 105 928 NET DECREASE IN CASH AND CASH EQUIVALENTS (258 ) — (240 ) — (498 ) CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 267 — 412 — 679 CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 9 $ — $ 172 $ — $ 181 APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET March 31, 2016 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) ASSETS CURRENT ASSETS: Cash and cash equivalents $ 189 $ — $ 815 $ — $ 1,004 Receivables, net of allowance 314 — 806 — 1,120 Inventories 34 — 513 — 547 Drilling advances 15 — 175 — 190 Deferred tax asset (28 ) — 28 — — Prepaid assets and other 238 — 161 — 399 Intercompany receivable 5,330 — — (5,330 ) — 6,092 — 2,498 (5,330 ) 3,260 PROPERTY AND EQUIPMENT, NET 6,529 — 14,030 — 20,559 OTHER ASSETS: Intercompany receivable — 14 10,894 (10,908 ) — Equity in affiliates 15,984 (839 ) 452 (15,597 ) — Deferred charges and other 98 1,000 817 (1,000 ) 915 $ 28,703 $ 175 $ 28,691 $ (32,835 ) $ 24,734 LIABILITIES AND SHAREHOLDERS’ EQUITY CURRENT LIABILITIES: Accounts payable $ 330 $ 4 $ 237 $ — $ 571 Other current liabilities 351 7 636 — 994 Intercompany payable — — 5,330 (5,330 ) — 681 11 6,203 (5,330 ) 1,565 LONG-TERM DEBT 8,421 297 — — 8,718 DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES: Intercompany payable 10,908 — — (10,908 ) — Income taxes 67 5 2,461 — 2,533 Asset retirement obligation 274 — 2,312 — 2,586 Other 901 249 182 (1,000 ) 332 12,150 254 4,955 (11,908 ) 5,451 COMMITMENTS AND CONTINGENCIES APACHE SHAREHOLDERS’ EQUITY 7,451 (387 ) 15,984 (15,597 ) 7,451 Noncontrolling interest — — 1,549 — 1,549 TOTAL EQUITY 7,451 (387 ) 17,533 (15,597 ) 9,000 $ 28,703 $ 175 $ 28,691 $ (32,835 ) $ 24,734 APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2015 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) ASSETS CURRENT ASSETS: Cash and cash equivalents $ 378 $ — $ 1,089 $ — $ 1,467 Receivables, net of allowance 314 — 939 — 1,253 Inventories 34 — 536 — 570 Drilling advances 16 — 156 — 172 Prepaid assets and other 102 — 188 — 290 Intercompany receivable 5,212 — — (5,212 ) — 6,056 — 2,908 (5,212 ) 3,752 PROPERTY AND EQUIPMENT, NET 6,546 — 14,292 — 20,838 OTHER ASSETS: Intercompany receivable — — 10,744 (10,744 ) — Equity in affiliates 16,092 (807 ) 446 (15,731 ) — Deferred charges and other 96 1,001 813 (1,000 ) 910 $ 28,790 $ 194 $ 29,203 $ (32,687 ) $ 25,500 LIABILITIES AND SHAREHOLDERS’ EQUITY CURRENT LIABILITIES: Accounts payable $ 409 $ — $ 209 $ — $ 618 Other current liabilities 539 3 681 — 1,223 Intercompany payable — — 5,212 (5,212 ) — 948 3 6,102 (5,212 ) 1,841 LONG-TERM DEBT 8,418 298 — — 8,716 DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES: Intercompany payable 10,744 — — (10,744 ) — Income taxes (412 ) 4 2,937 — 2,529 Asset retirement obligation 271 — 2,291 — 2,562 Other 933 250 179 (1,000 ) 362 11,536 254 5,407 (11,744 ) 5,453 COMMITMENTS AND CONTINGENCIES APACHE SHAREHOLDERS’ EQUITY 7,888 (361 ) 16,092 (15,731 ) 7,888 Noncontrolling interest — — 1,602 — 1,602 TOTAL EQUITY 7,888 (361 ) 17,694 (15,731 ) 9,490 $ 28,790 $ 194 $ 29,203 $ (32,687 ) $ 25,500

Summary of Significant Accoun20

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP 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. Significant estimates with regard to these financial statements include the fair value determination of acquired assets and liabilities, the estimate of proved oil and gas reserves and related present value estimates of future net cash flows therefrom, the assessment of asset retirement obligations, the estimates of fair value for long-lived assets and goodwill, and the estimate of income taxes. Actual results could differ from those estimates.
Oil and Gas Property	Oil and Gas Property The Company follows the successful efforts method of accounting for its oil and gas property. Under this method of accounting, exploration costs such as exploratory dry holes, exploratory geological and geophysical costs, delay rentals, unproved impairments, and exploration overhead are expensed as incurred. All costs related to production, general corporate overhead, and similar activities are expensed as incurred. If an exploratory well provides evidence to justify potential development of reserves, drilling costs associated with the well are initially capitalized, or suspended, pending a determination as to whether a commercially sufficient quantity of proved reserves can be attributed to the area as a result of drilling. This determination may take longer than one year in certain areas depending on, among other things, the amount of hydrocarbons discovered, the outcome of planned geological and engineering studies, the need for additional appraisal drilling activities to determine whether the discovery is sufficient to support an economic development plan, and government sanctioning of development activities in certain international locations. At the end of each quarter, management reviews the status of all suspended exploratory well costs in light of ongoing exploration activities; in particular, whether the Company is making sufficient progress in its ongoing exploration and appraisal efforts or, in the case of discoveries requiring government sanctioning, whether development negotiations are underway and proceeding as planned. If management determines that future appraisal drilling or development activities are unlikely to occur, associated suspended exploratory well costs are expensed. Acquisition costs of unproved properties are assessed for impairment at least annually and are transferred to proved oil and gas properties to the extent the costs are associated with successful exploration activities. Significant undeveloped leases are assessed individually for impairment based on the Company’s current exploration plans. Unproved oil and gas properties with individually insignificant lease acquisition costs are amortized on a group basis over the average lease term at rates that provide for full amortization of unsuccessful leases upon lease expiration or abandonment. Costs of expired or abandoned leases are charged to exploration expense, while costs of productive leases are transferred to proved oil and gas properties. Costs of maintaining and retaining unproved properties, as well as amortization of individually insignificant leases and impairment of unsuccessful leases, are included in exploration costs in the statement of consolidated operations. Costs to develop proved reserves, including the costs of all development wells and related equipment used in the production of crude oil and natural gas, are capitalized. Depreciation of the cost of proved oil and gas properties is calculated using the unit-of-production (UOP) method. The UOP calculation multiplies the percentage of estimated proved reserves produced each quarter by the cost of those reserves. The reserve base used to calculate depreciation for leasehold acquisition costs and the cost to acquire proved properties is the sum of proved developed reserves and proved undeveloped reserves. With respect to lease and well equipment costs, which include development costs and successful exploration drilling costs, the reserve base includes only proved developed reserves. Estimated future dismantlement, restoration and abandonment costs, net of salvage values, are included in the depreciable cost. Oil and gas properties are grouped for depreciation in accordance with ASC 932 “Extractive Activities - Oil and Gas.” The basis for grouping is a reasonable aggregation of properties with a common geological structural feature or stratigraphic condition, such as a reservoir or field. When circumstances indicate that proved oil and gas properties may be impaired, the Company compares unamortized capitalized costs to the expected undiscounted pre-tax future cash flows for the associated assets grouped at the lowest level for which identifiable cash flows are independent of cash flows of other assets. If the expected undiscounted pre-tax future cash flows, based on Apache’s estimate of future crude oil and natural gas prices, operating costs, anticipated production from proved reserves and other relevant data, are lower than the unamortized capitalized cost, the capitalized cost is reduced to fair value. Fair value is generally estimated using the income approach described in the ASC 820 “Fair Value Measurement.” If applicable, the Company utilizes accepted bids as the basis for determining fair value. The expected future cash flows used for impairment reviews and related fair value calculations are typically based on judgmental assessments of future production volumes, commodity prices, operating costs, and capital investment plans, considering all available information at the date of review. These assumptions are applied to develop future cash flow projections that are then discounted to estimated fair value, using a discount rate believed to be consistent with those applied by market participants. Apache has classified these fair value measurements as Level 3 in the fair value hierarchy. The following table represents non-cash impairments of the carrying value of the Company’s proved and unproved property and equipment for the first quarters of 2016 and 2015 : Three months ended March 31, 2016 2015 (In millions) Oil and Gas Property: Proved $ — $ 1,912 Unproved 42 168 The fair value of the impaired proved properties as of March 31, 2015 was $1.2 billion . On the statement of consolidated operations, unproved impairments are recorded in exploration expense, and proved impairments are recorded in impairments. Gains and losses on significant divestitures are recognized in the statement of consolidated operations. See Note 3—Acquisitions and Divestitures for more detail.
New Pronouncements Issued But Not Yet Adopted	New Pronouncements Issued But Not Yet Adopted In March 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-09, which seeks to simplify accounting for share-based payment transactions including income tax consequences, classification of awards as either equity or liabilities, and the classification on the statement of cash flows. The new standard requires the Company to recognize the income tax effects of awards in the income statement when the awards vest or are settled. The guidance is effective for fiscal years beginning after December 15, 2016. Early adoption is permitted and if an entity early adopts the guidance in an interim period, any adjustments must be reflected as of the beginning of the fiscal year that includes that interim period. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, a new lease standard requiring lessees to recognize lease assets and lease liabilities for most leases classified as operating leases under previous U.S. GAAP. The guidance is effective for fiscal years beginning after December 15, 2018 with early adoption permitted. The Company will be required to use a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements. In May 2014, the FASB and the International Accounting Standards Board (IASB) issued a joint revenue recognition standard, ASU 2014-09. The new standard removes inconsistencies in existing standards, changes the way companies recognize revenue from contracts with customers, and increases disclosure requirements. The guidance requires companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. In March 2016, the FASB issued ASU 2016-08, which provides further clarification on the principal versus agent evaluation. The guidance is effective for annual and interim periods beginning after December 15, 2017. The standard is required to be adopted using either the full retrospective approach, with all prior periods presented adjusted, or the modified retrospective approach, with a cumulative adjustment to retained earnings on the opening balance sheet. The Company is currently evaluating the level of effort needed to implement the standard, the impact of adopting this standard on its consolidated financial statements, and whether to use the full retrospective approach or the modified retrospective approach.

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Schedule of Non-cash Impairments of Proved and Unproved Property and Equipment	The following table represents non-cash impairments of the carrying value of the Company’s proved and unproved property and equipment for the first quarters of 2016 and 2015 : Three months ended March 31, 2016 2015 (In millions) Oil and Gas Property: Proved $ — $ 1,912 Unproved 42 168

Change in Accounting Principle

Change in Accounting Principle (Tables)	3 Months Ended
	Mar. 31, 2016
Accounting Changes and Error Corrections [Abstract]
Schedule of Change in Accounting Principle	The following tables present the effects of the change to the successful efforts method in the statement of consolidated operations: Changes to the Statement of Consolidated Operations For the Quarter Ended March 31, 2016 Under Full Cost Changes* As Reported Under Successful Efforts (In millions, except per share data) Oil revenues $ 795 $ 27 $ 822 Natural gas revenues 223 — 223 NGL revenues 42 — 42 Oil and gas production revenues 1,060 27 1,087 Other (5 ) 2 (3 ) Loss on divestitures (2 ) 1 (1 ) Exploration — 95 95 Depreciation, depletion, and amortization: Oil and Gas Property and Equipment Recurring 552 84 636 Additional 488 (488 ) — Financing costs, net 90 15 105 Current income tax provision 35 (45 ) (10 ) Deferred income tax provision (benefit) (181 ) 180 (1 ) NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (561 ) 190 (371 ) Net income (loss) attributable to noncontrolling interest (72 ) 73 1 NET LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO COMMON SHAREHOLDERS (489 ) 117 (372 ) Net loss from discontinued operations — — — NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS (489 ) 117 (372 ) Per common share Basic net loss from continuing operations per share $ (1.29 ) $ 0.31 $ (0.98 ) Basic net loss from discontinued operations per share — — — Basic net loss per share $ (1.29 ) $ 0.31 $ (0.98 ) Diluted net loss from continuing operations per share $ (1.29 ) $ 0.31 $ (0.98 ) Diluted net loss from discontinued operations per share — — — Diluted net loss per share $ (1.29 ) $ 0.31 $ (0.98 ) Changes to the Statement of Consolidated Operations For the Quarter Ended March 31, 2015 Under Full Cost Changes* As Reported Under Successful Efforts (In millions, except per share data) Oil revenues $ 1,280 $ 13 $ 1,293 Natural gas revenues 300 8 308 NGL revenues 58 — 58 Oil and gas production revenues 1,638 21 1,659 Other (8 ) 2 (6 ) Loss on divestitures — (18 ) (18 ) Exploration — 258 258 General and administrative 82 2 84 Depreciation, depletion, and amortization: Oil and Gas Property and Equipment Recurring 999 (256 ) 743 Additional 7,220 (7,220 ) — Impairments — 1,912 1,912 Financing costs, net 69 55 124 Current income tax provision (benefit) (85 ) 33 (52 ) Deferred income tax provision (benefit) (2,935 ) 1,786 (1,149 ) NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (4,504 ) 3,436 (1,068 ) Net income attributable to noncontrolling interest 15 13 28 NET LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO COMMON SHAREHOLDERS (4,519 ) 3,423 (1,096 ) Net loss from discontinued operations (132 ) (106 ) (238 ) NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS (4,651 ) 3,317 (1,334 ) Per common share Basic net loss from continuing operations per share $ (11.99 ) $ 9.08 $ (2.91 ) Basic net loss from discontinued operations per share (0.35 ) (0.28 ) (0.63 ) Basic net loss per share $ (12.34 ) $ 8.80 $ (3.54 ) Diluted net loss from continuing operations per share $ (11.99 ) $ 9.08 $ (2.91 ) Diluted net loss from discontinued operations per share (0.35 ) (0.28 ) (0.63 ) Diluted net loss per share $ (12.34 ) $ 8.80 $ (3.54 ) The following tables present the effects of the change to the successful efforts method in the statement of consolidated cash flows: Changes to the Statement of Consolidated Cash Flows For the Quarter Ended March 31, 2016 Under Full Cost Changes* As Reported Under Successful Efforts (In millions) Net loss including noncontrolling interest $ (561 ) $ 190 $ (371 ) Loss on divestitures, net 2 (1 ) 1 Exploratory dry hole expense and unproved leasehold impairments — 71 71 Depreciation, depletion, and amortization 1,082 (404 ) 678 Provision for (benefit from) deferred income taxes (181 ) 180 (1 ) Changes in operating assets and liabilities (159 ) (73 ) (232 ) Net cash provided by operating activities - continuing operations 276 (37 ) 239 Additions to oil and gas property (583 ) 37 (546 ) Net cash used in investing activities - continuing operations (592 ) 37 (555 ) NET INCREASE (DECREASE) IN CASH (463 ) — (463 ) BEGINNING CASH BALANCE 1,467 — 1,467 ENDING CASH BALANCE 1,004 — 1,004 Changes to the Statement of Consolidated Cash Flows For the Quarter Ended March 31, 2015 Under Full Cost Changes* As Reported Under Successful Efforts (In millions) Net loss including noncontrolling interest $ (4,636 ) $ 3,330 $ (1,306 ) Loss from discontinued operations 132 106 238 Loss on divestitures, net — 18 18 Exploratory dry hole expense and unproved leasehold impairments — 203 203 Depreciation, depletion, and amortization 8,302 (7,476 ) 826 Impairments — 1,912 1,912 Provision for (benefit from) deferred income taxes (2,935 ) 1,786 (1,149 ) Changes in operating assets and liabilities (319 ) 53 (266 ) Net cash provided by operating activities - continuing operations 577 (68 ) 509 Net cash provided by operating activities - discontinued operations 73 (13 ) 60 Additions to oil and gas property (1,627 ) 110 (1,517 ) Net cash used in investing activities - continuing operations (1,853 ) 110 (1,743 ) Net cash used in investing activities - discontinued operations (265 ) 13 (252 ) NET INCREASE (DECREASE) IN CASH (540 ) 42 (498 ) BEGINNING CASH BALANCE 769 (90 ) 679 ENDING CASH BALANCE 229 (48 ) 181 The following tables present the effects of the change to the successful efforts method in the consolidated balance sheet: Changes to the Consolidated Balance Sheet March 31, 2016 Under Full Cost Changes* As Reported Under Successful Efforts (In millions) Prepaid assets and other $ 361 $ 38 $ 399 PROPERTY AND EQUIPMENT: Property and equipment - cost 94,326 (47,782 ) 46,544 Less: Accumulated depreciation, depletion, and amortization (80,784 ) 54,799 (25,985 ) PROPERTY AND EQUIPMENT, NET 13,542 7,017 20,559 TOTAL ASSETS 17,679 7,055 24,734 Other current liabilities 1,027 (33 ) 994 Income taxes 891 1,642 2,533 Paid-in capital 12,407 146 12,553 Accumulated deficit (7,642 ) 5,290 (2,352 ) Accumulated other comprehensive loss (116 ) (3 ) (119 ) Noncontrolling interest 1,536 13 1,549 TOTAL EQUITY 3,554 5,446 9,000 Changes to the Consolidated Balance Sheet December 31, 2015 Under Full Cost Changes* As Reported Under Successful Efforts (In millions) PROPERTY AND EQUIPMENT: Property and equipment - cost $ 93,825 $ (47,675 ) $ 46,150 Less: Accumulated depreciation, depletion, and amortization (79,706 ) 54,394 (25,312 ) PROPERTY AND EQUIPMENT, NET 14,119 6,719 20,838 TOTAL ASSETS 18,781 6,719 25,500 Income taxes 1,072 1,457 2,529 Paid-in capital 12,467 152 12,619 Accumulated deficit (1) (7,153 ) 5,173 (1,980 ) Accumulated other comprehensive loss (116 ) (3 ) (119 ) Noncontrolling interest 1,662 (60 ) 1,602 TOTAL EQUITY 4,228 5,262 9,490 *In conjunction with recasting the financial information for the adoption of the successful efforts method of accounting, we corrected certain immaterial errors in the North Sea pertaining to the improper calculation of deferred tax liabilities associated with capitalized interest under the full cost method. (1) The cumulative effect of the change to the successful efforts method on retained earnings (accumulated deficit) as of January 1, 2015 was a decrease of $7.6 billion .

Acquisitions and Divestitures (

Acquisitions and Divestitures (Tables)	3 Months Ended
	Mar. 31, 2016
Australia [Member] | Divestiture [Member]
Business Acquisition [Line Items]
Summary of Sales and Other Operating Revenue and Loss from Discontinued Operation Related to Disposition	Sales and other operating revenues and loss from discontinued operations related to the Australia dispositions were as follows: For the Quarter Ended March 31, 2016 2015 (In millions) Revenues and other from discontinued operations $ — $ 187 Impairment on Woodside sale $ — $ (49 ) Income from divested Australian operations — 10 Income tax expense — (199 ) Loss from Australian discontinued operations, net of tax $ — $ (238 )

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Detail of Other Current Liabilities	The following table provides detail of our other current liabilities as of March 31, 2016 and December 31, 2015 : March 31, 2016 December 31, 2015 (In millions) Accrued operating expenses $ 125 $ 139 Accrued exploration and development 537 637 Accrued compensation and benefits 75 166 Accrued interest 108 144 Accrued income taxes 48 47 Current debt 1 1 Current asset retirement obligation 36 36 Other 64 53 Total Other current liabilities $ 994 $ 1,223

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	3 Months Ended
	Mar. 31, 2016
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation	The following table describes changes to the Company’s asset retirement obligation (ARO) liability for the three -month period ended March 31, 2016 : (In millions) Asset retirement obligation at December 31, 2015 $ 2,598 Liabilities incurred 1 Liabilities settled (15 ) Accretion expense 38 Asset retirement obligation at March 31, 2016 2,622 Less current portion 36 Asset retirement obligation, long-term $ 2,586

Debt and Financing Costs (Table

Debt and Financing Costs (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Summary of Carrying Amounts and Estimated Fair Values	The following table presents the carrying amounts and estimated fair values of the Company’s outstanding debt as of March 31, 2016 and December 31, 2015 : March 31, 2016 December 31, 2015 Carrying Amount Fair Value Carrying Amount Fair Value (In millions) Commercial paper and committed bank facilities $ — $ — $ — $ — Notes and debentures 8,719 8,561 8,717 8,330 Total Debt $ 8,719 $ 8,561 $ 8,717 $ 8,330
Components of Financing Costs, Net	The following table presents the components of Apache’s financing costs, net: For the Quarter Ended March 31, 2016 2015 (In millions) Interest expense $ 116 $ 128 Amortization of deferred loan costs 1 2 Capitalized interest (11 ) (4 ) Interest income (1 ) (2 ) Financing costs, net $ 105 $ 124

Capital Stock (Tables)

Capital Stock (Tables)	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Net Income (loss) Per Common Share	A reconciliation of the components of basic and diluted net loss per common share for the quarters ended March 31, 2016 and 2015 is presented in the table below. For the Quarter Ended March 31, 2016 2015 Loss Shares Per Share Loss Shares Per Share (In millions, except per share amounts) Basic: Loss from continuing operations $ (372 ) 378 $ (0.98 ) $ (1,096 ) 377 $ (2.91 ) Loss from discontinued operations — 378 — (238 ) 377 (0.63 ) Loss attributable to common stock $ (372 ) 378 $ (0.98 ) $ (1,334 ) 377 $ (3.54 ) Effect of Dilutive Securities: Stock options and other $ — — $ — $ — — $ — Diluted: Loss from continuing operations $ (372 ) 378 $ (0.98 ) $ (1,096 ) 377 $ (2.91 ) Loss from discontinued operations — 378 — (238 ) 377 (0.63 ) Loss attributable to common stock $ (372 ) 378 $ (0.98 ) $ (1,334 ) 377 $ (3.54 )

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Financial Segment Information	Financial information for each country is presented below: United States Canada Egypt (1) North Sea Other International Total (3) (In millions) For the Quarter Ended March 31, 2016 Oil and Gas Production Revenues $ 409 $ 83 $ 392 $ 203 $ — $ 1,087 Operating Income (Loss) (2) $ (159 ) $ (62 ) $ 42 $ 14 $ — $ (165 ) Other Income (Expense): Loss on divestitures, net (1 ) Other (3 ) General and administrative (93 ) Transaction, reorganization, and separation (15 ) Financing costs, net (105 ) Loss From Continuing Operations Before Income Taxes $ (382 ) Total Assets $ 12,726 $ 2,118 $ 5,527 $ 4,314 $ 49 $ 24,734 For the Quarter Ended March 31, 2015 Oil and Gas Production Revenues $ 660 $ 133 $ 553 $ 313 $ — $ 1,659 Operating Income (Loss) (2) $ (2,019 ) $ (96 ) $ 164 $ (31 ) $ (1 ) $ (1,983 ) Other Income (Expense): Loss on divestitures, net (18 ) Other (6 ) General and administrative (84 ) Transaction, reorganization, and separation (54 ) Financing costs, net (124 ) Loss From Continuing Operations Before Income Taxes $ (2,269 ) Total Assets $ 19,522 $ 4,696 $ 6,920 $ 4,386 $ 645 $ 36,169 (1) Includes a noncontrolling interest in Egypt. (2) Operating Income (Loss) consists of oil and gas production revenues less lease operating expenses, gathering and transportation costs, taxes other than income, exploration costs, depreciation, depletion, and amortization, asset retirement obligation accretion, and impairments. The operating income (loss) of U.S., Canada, Egypt, and North Sea for the first quarter of 2015 includes asset impairments totaling $1.9 billion , $26 million , $8 million , and $104 million , respectively. (3) Amounts for 2015 have been restated to exclude Australia discontinued operations.

Supplemental Guarantor Inform29

Supplemental Guarantor Information (Tables)	3 Months Ended
	Mar. 31, 2016
Guarantees [Abstract]
Supplemental Condensed Consolidating Statement of Operations	APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the Quarter Ended March 31, 2016 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) REVENUES AND OTHER: Oil and gas production revenues $ 217 $ — $ 870 $ — $ 1,087 Equity in net income of affiliates (108 ) (26 ) — 134 — Other 28 12 (43 ) — (3 ) Gain (loss) on divestiture (1 ) — — — (1 ) 136 (14 ) 827 134 1,083 OPERATING EXPENSES: Lease operating expenses 78 — 300 — 378 Gathering and transportation 8 — 44 — 52 Taxes other than income 21 — (10 ) — 11 Exploration 50 — 45 — 95 General and administrative 77 — 16 — 93 Depreciation, depletion, and amortization 156 — 522 — 678 Asset retirement obligation accretion 4 — 34 — 38 Impairments — — — — — Transaction, reorganization, and separation 15 — — — 15 Financing costs, net 61 10 34 — 105 470 10 985 — 1,465 NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (334 ) (24 ) (158 ) 134 (382 ) Provision (benefit) for income taxes 37 2 (50 ) — (11 ) NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (371 ) (26 ) (108 ) 134 (371 ) Net income (loss) from discontinued operations, net of tax — — — — — NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST (371 ) (26 ) (108 ) 134 (371 ) Net loss attributable to noncontrolling interest — — 1 — 1 NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK $ (371 ) $ (26 ) $ (109 ) $ 134 $ (372 ) APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the Quarter Ended March 31, 2015 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) REVENUES AND OTHER: Oil and gas production revenues $ 365 $ — $ 1,294 $ — $ 1,659 Equity in net income (loss) of affiliates (1,246 ) (53 ) 1 1,298 — Other (38 ) 14 18 — (6 ) Gain (loss) on divestiture (13 ) — (5 ) — (18 ) (932 ) (39 ) 1,308 1,298 1,635 OPERATING EXPENSES: Lease operating expenses 124 — 357 — 481 Gathering and transportation 9 — 47 — 56 Taxes other than income 33 — 40 — 73 Exploration 95 — 163 — 258 General and administrative 64 — 20 — 84 Depreciation, depletion, and amortization 262 — 564 — 826 Asset retirement obligation accretion 4 — 32 — 36 Impairments 1,164 — 748 — 1,912 Transaction, reorganization, and separation 54 — — — 54 Financing costs, net 99 10 15 — 124 1,908 10 1,986 — 3,904 NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (2,840 ) (49 ) (678 ) 1,298 (2,269 ) Provision (benefit) for income taxes (1,506 ) 3 302 — (1,201 ) NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST (1,334 ) (52 ) (980 ) 1,298 (1,068 ) Net loss from discontinued operations, net of tax — — (238 ) — (238 ) NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST (1,334 ) (52 ) (1,218 ) 1,298 (1,306 ) Net income attributable to noncontrolling interest — — 28 — 28 NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK $ (1,334 ) $ (52 ) $ (1,246 ) $ 1,298 $ (1,334 )
Supplemental Condensed Consolidating Statement of Cash Flows	APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Quarter Ended March 31, 2016 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) CASH PROVIDED BY OPERATING ACTIVITIES $ 44 $ 11 $ 184 $ — $ 239 CASH FLOWS FROM INVESTING ACTIVITIES: Additions to oil and gas property (81 ) — (465 ) — (546 ) Leasehold and property acquisitions (19 ) — — — (19 ) Additions to gas gathering, transmission, and processing facilities 1 — (1 ) — — Investment in subsidiaries, net (6 ) — — 6 — Other (34 ) — 44 — 10 NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (139 ) — (422 ) 6 (555 ) CASH FLOWS FROM FINANCING ACTIVITIES: Intercompany borrowings — (7 ) 13 (6 ) — Distributions to noncontrolling interest — — (54 ) — (54 ) Dividends paid (95 ) — — — (95 ) Other 1 (4 ) 5 — 2 NET CASH USED IN FINANCING ACTIVITIES (94 ) (11 ) (36 ) (6 ) (147 ) NET DECREASE IN CASH AND CASH EQUIVALENTS (189 ) — (274 ) — (463 ) CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 378 — 1,089 — 1,467 CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 189 $ — $ 815 $ — $ 1,004 APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Quarter Ended March 31, 2015 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES $ (470 ) $ (3 ) $ 982 $ — $ 509 CASH PROVIDED BY DISCONTINUED OPERATIONS — — 60 — 60 CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (470 ) (3 ) 1,042 — 569 CASH FLOWS FROM INVESTING ACTIVITIES: Additions to oil and gas property (697 ) — (820 ) — (1,517 ) Leasehold and property acquisitions (92 ) — 1 — (91 ) Additions to gas gathering, transmission, and processing facilities (22 ) — (41 ) — (63 ) Investment in subsidiaries, net 105 — — (105 ) — Other (18 ) — (54 ) — (72 ) NET CASH USED IN CONTINUING INVESTING ACTIVITIES (724 ) — (914 ) (105 ) (1,743 ) NET CASH USED IN DISCONTINUED OPERATIONS — — (252 ) — (252 ) NET CASH USED IN INVESTING ACTIVITIES (724 ) — (1,166 ) (105 ) (1,995 ) CASH FLOWS FROM FINANCING ACTIVITIES: Commercial paper and bank credit facilities, net 1,028 — — — 1,028 Intercompany borrowings — (1 ) (104 ) 105 — Distributions to noncontrolling interest — — (21 ) — (21 ) Dividends paid (94 ) — — — (94 ) Other 2 4 9 — 15 NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES 936 3 (116 ) 105 928 NET CASH USED IN DISCONTINUED OPERATIONS — — — — — NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 936 3 (116 ) 105 928 NET DECREASE IN CASH AND CASH EQUIVALENTS (258 ) — (240 ) — (498 ) CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 267 — 412 — 679 CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 9 $ — $ 172 $ — $ 181
Supplemental Condensed Consolidating Balance Sheet	APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET March 31, 2016 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) ASSETS CURRENT ASSETS: Cash and cash equivalents $ 189 $ — $ 815 $ — $ 1,004 Receivables, net of allowance 314 — 806 — 1,120 Inventories 34 — 513 — 547 Drilling advances 15 — 175 — 190 Deferred tax asset (28 ) — 28 — — Prepaid assets and other 238 — 161 — 399 Intercompany receivable 5,330 — — (5,330 ) — 6,092 — 2,498 (5,330 ) 3,260 PROPERTY AND EQUIPMENT, NET 6,529 — 14,030 — 20,559 OTHER ASSETS: Intercompany receivable — 14 10,894 (10,908 ) — Equity in affiliates 15,984 (839 ) 452 (15,597 ) — Deferred charges and other 98 1,000 817 (1,000 ) 915 $ 28,703 $ 175 $ 28,691 $ (32,835 ) $ 24,734 LIABILITIES AND SHAREHOLDERS’ EQUITY CURRENT LIABILITIES: Accounts payable $ 330 $ 4 $ 237 $ — $ 571 Other current liabilities 351 7 636 — 994 Intercompany payable — — 5,330 (5,330 ) — 681 11 6,203 (5,330 ) 1,565 LONG-TERM DEBT 8,421 297 — — 8,718 DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES: Intercompany payable 10,908 — — (10,908 ) — Income taxes 67 5 2,461 — 2,533 Asset retirement obligation 274 — 2,312 — 2,586 Other 901 249 182 (1,000 ) 332 12,150 254 4,955 (11,908 ) 5,451 COMMITMENTS AND CONTINGENCIES APACHE SHAREHOLDERS’ EQUITY 7,451 (387 ) 15,984 (15,597 ) 7,451 Noncontrolling interest — — 1,549 — 1,549 TOTAL EQUITY 7,451 (387 ) 17,533 (15,597 ) 9,000 $ 28,703 $ 175 $ 28,691 $ (32,835 ) $ 24,734 APACHE CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2015 Apache Corporation Apache Finance Canada All Other Subsidiaries of Apache Corporation Reclassifications & Eliminations Consolidated (In millions) ASSETS CURRENT ASSETS: Cash and cash equivalents $ 378 $ — $ 1,089 $ — $ 1,467 Receivables, net of allowance 314 — 939 — 1,253 Inventories 34 — 536 — 570 Drilling advances 16 — 156 — 172 Prepaid assets and other 102 — 188 — 290 Intercompany receivable 5,212 — — (5,212 ) — 6,056 — 2,908 (5,212 ) 3,752 PROPERTY AND EQUIPMENT, NET 6,546 — 14,292 — 20,838 OTHER ASSETS: Intercompany receivable — — 10,744 (10,744 ) — Equity in affiliates 16,092 (807 ) 446 (15,731 ) — Deferred charges and other 96 1,001 813 (1,000 ) 910 $ 28,790 $ 194 $ 29,203 $ (32,687 ) $ 25,500 LIABILITIES AND SHAREHOLDERS’ EQUITY CURRENT LIABILITIES: Accounts payable $ 409 $ — $ 209 $ — $ 618 Other current liabilities 539 3 681 — 1,223 Intercompany payable — — 5,212 (5,212 ) — 948 3 6,102 (5,212 ) 1,841 LONG-TERM DEBT 8,418 298 — — 8,716 DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES: Intercompany payable 10,744 — — (10,744 ) — Income taxes (412 ) 4 2,937 — 2,529 Asset retirement obligation 271 — 2,291 — 2,562 Other 933 250 179 (1,000 ) 362 11,536 254 5,407 (11,744 ) 5,453 COMMITMENTS AND CONTINGENCIES APACHE SHAREHOLDERS’ EQUITY 7,888 (361 ) 16,092 (15,731 ) 7,888 Noncontrolling interest — — 1,602 — 1,602 TOTAL EQUITY 7,888 (361 ) 17,694 (15,731 ) 9,490 $ 28,790 $ 194 $ 29,203 $ (32,687 ) $ 25,500

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule Of Significant Accounting Policies [Line Items]
Oil and gas property, fair value disclosure		$ 1,200
Oil and Gas Properties, Proved [Member]
Schedule Of Significant Accounting Policies [Line Items]
Asset Impairments	$ 0	1,912
Oil and Gas Properties, Unproved [Member]
Schedule Of Significant Accounting Policies [Line Items]
Asset Impairments	$ 42	$ 168

Change in Accounting Principl31

Change in Accounting Principle - Statement of Consolidated Operations(Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Oil and Gas Production Revenues	$ 1,087	$ 1,659
Other	(3)	(6)
Loss on divestitures	(1)	(18)
Exploration	95	258
General and administrative	93	84
Depreciation, depletion and amortization	678	826
Impairments	0	1,912
Financing costs, net	105	124
Current income tax provision (benefit)	(10)	(52)
Provision (benefit) from deferred income taxes	(1)	(1,149)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(371)	(1,068)
Net income attributable to noncontrolling interest	1	28
Net loss from continuing operations attributable to common shareholders	(372)	(1,096)
Loss from Australian discontinued operations, net of tax	0	(238)
Net Income (Loss) Available to Common Stockholders, Basic	$ (372)	$ (1,334)
Basic net loss from continuing operations per share	$ (0.98)	$ (2.91)
Basic net loss from discontinued operations per share	0	(0.63)
Basic net loss per share	(0.98)	(3.54)
Diluted net loss from continuing operations per share	(0.98)	(2.91)
Diluted net loss from discontinued operations per share	0	(0.63)
Diluted net loss per share	$ (0.98)	$ (3.54)
Oil [Member]
Oil and Gas Production Revenues	$ 822	$ 1,293
Natural Gas [Member]
Oil and Gas Production Revenues	223	308
Natural Gas Liquids [Member]
Oil and Gas Production Revenues	42	58
Change from Full Cost Method to Successful Efforts Method [Member]
Oil and Gas Production Revenues	1,087	1,659
Other	(3)	(6)
Loss on divestitures	(1)	(18)
Exploration	95	258
General and administrative		84
Depreciation, depletion and amortization	678	826
Impairments		1,912
Financing costs, net	105	124
Current income tax provision (benefit)	(10)	(52)
Provision (benefit) from deferred income taxes	(1)	(1,149)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(371)	(1,068)
Net income attributable to noncontrolling interest	1	28
Net loss from continuing operations attributable to common shareholders	(372)	(1,096)
Loss from Australian discontinued operations, net of tax	0	(238)
Net Income (Loss) Available to Common Stockholders, Basic	$ (372)	$ (1,334)
Basic net loss from continuing operations per share	$ (0.98)	$ (2.91)
Basic net loss from discontinued operations per share	0	(0.63)
Basic net loss per share	(0.98)	(3.54)
Diluted net loss from continuing operations per share	(0.98)	(2.91)
Diluted net loss from discontinued operations per share	0	(0.63)
Diluted net loss per share	$ (0.98)	$ (3.54)
Change from Full Cost Method to Successful Efforts Method [Member] | Oil [Member]
Oil and Gas Production Revenues	$ 822	$ 1,293
Change from Full Cost Method to Successful Efforts Method [Member] | Natural Gas [Member]
Oil and Gas Production Revenues	223	308
Change from Full Cost Method to Successful Efforts Method [Member] | Natural Gas Liquids [Member]
Oil and Gas Production Revenues	42	58
Under Full Cost [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Oil and Gas Production Revenues	1,060	1,638
Other	(5)	(8)
Loss on divestitures	(2)	0
Exploration	0	0
General and administrative		82
Depreciation, depletion and amortization	1,082	8,302
Impairments		0
Financing costs, net	90	69
Current income tax provision (benefit)	35	(85)
Provision (benefit) from deferred income taxes	(181)	(2,935)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(561)	(4,504)
Net income attributable to noncontrolling interest	(72)	15
Net loss from continuing operations attributable to common shareholders	(489)	(4,519)
Loss from Australian discontinued operations, net of tax	0	(132)
Net Income (Loss) Available to Common Stockholders, Basic	$ (489)	$ (4,651)
Basic net loss from continuing operations per share	$ (1.29)	$ (11.99)
Basic net loss from discontinued operations per share	0	(0.35)
Basic net loss per share	(1.29)	(12.34)
Diluted net loss from continuing operations per share	(1.29)	(11.99)
Diluted net loss from discontinued operations per share	0	(0.35)
Diluted net loss per share	$ (1.29)	$ (12.34)
Under Full Cost [Member] | Change from Full Cost Method to Successful Efforts Method [Member] | Oil [Member]
Oil and Gas Production Revenues	$ 795	$ 1,280
Under Full Cost [Member] | Change from Full Cost Method to Successful Efforts Method [Member] | Natural Gas [Member]
Oil and Gas Production Revenues	223	300
Under Full Cost [Member] | Change from Full Cost Method to Successful Efforts Method [Member] | Natural Gas Liquids [Member]
Oil and Gas Production Revenues	42	58
Changes [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Oil and Gas Production Revenues	27	21
Other	2	2
Loss on divestitures	1	(18)
Exploration	95	258
General and administrative		2
Depreciation, depletion and amortization	(404)	(7,476)
Impairments		1,912
Financing costs, net	15	55
Current income tax provision (benefit)	(45)	33
Provision (benefit) from deferred income taxes	180	1,786
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	190	3,436
Net income attributable to noncontrolling interest	73	13
Net loss from continuing operations attributable to common shareholders	117	3,423
Loss from Australian discontinued operations, net of tax	0	(106)
Net Income (Loss) Available to Common Stockholders, Basic	$ 117	$ 3,317
Basic net loss from continuing operations per share	$ 0.31	$ 9.08
Basic net loss from discontinued operations per share	0	(0.28)
Basic net loss per share	0.31	8.80
Diluted net loss from continuing operations per share	0.31	9.08
Diluted net loss from discontinued operations per share	0	(0.28)
Diluted net loss per share	$ 0.31	$ 8.80
Changes [Member] | Change from Full Cost Method to Successful Efforts Method [Member] | Oil [Member]
Oil and Gas Production Revenues	$ 27	$ 13
Changes [Member] | Change from Full Cost Method to Successful Efforts Method [Member] | Natural Gas [Member]
Oil and Gas Production Revenues	0	8
Changes [Member] | Change from Full Cost Method to Successful Efforts Method [Member] | Natural Gas Liquids [Member]
Oil and Gas Production Revenues	0	0
Oil and gas property and equipment, Recurring [Member]
Depreciation, depletion and amortization	636	743
Oil and gas property and equipment, Recurring [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Depreciation, depletion and amortization	636	743
Oil and gas property and equipment, Recurring [Member] | Under Full Cost [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Depreciation, depletion and amortization	552	999
Oil and gas property and equipment, Recurring [Member] | Changes [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Depreciation, depletion and amortization	84	(256)
Oil and gas property and equipment, Additional [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Depreciation, depletion and amortization	0	0
Oil and gas property and equipment, Additional [Member] | Under Full Cost [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Depreciation, depletion and amortization	488	7,220
Oil and gas property and equipment, Additional [Member] | Changes [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Depreciation, depletion and amortization	$ (488)	$ (7,220)

Change in Accounting Principl32

Change in Accounting Principle - Statement of Consolidated Cash Flow (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Impairments	$ 0	$ 1,912
Net loss including noncontrolling interest	(371)	(1,306)
Net loss from discontinued operations	0	(238)
Loss on divestitures	(1)	(18)
Exploratory dry hole expense and unproved leasehold impairments	71	203
Depreciation, depletion and amortization	678	826
Provision (benefit) from deferred income taxes	(1)	(1,149)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	239	569
Additions to oil and gas property	(546)	(1,517)
NET CASH USED IN INVESTING ACTIVITIES	(555)	(1,995)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(463)	(498)
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES	239	509
NET CASH PROVIDED BY DISCONTINUED OPERATIONS	0	60
NET CASH USED IN CONTINUING INVESTING ACTIVITIES	(555)	(1,743)
NET CASH USED IN DISCONTINUED OPERATIONS	0	(252)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	1,467	679
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,004	181
Change from Full Cost Method to Successful Efforts Method [Member]
Impairments		1,912
Net loss including noncontrolling interest	(371)	(1,306)
Net loss from discontinued operations		(238)
Loss on divestitures	(1)	(18)
Exploratory dry hole expense and unproved leasehold impairments	71	203
Depreciation, depletion and amortization	678	826
Provision (benefit) from deferred income taxes	(1)	(1,149)
Other Operating Activities, Cash Flow Statement	(232)	(266)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	239
Additions to oil and gas property	(546)	(1,517)
NET CASH USED IN INVESTING ACTIVITIES	(555)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(463)	(498)
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES		509
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		60
NET CASH USED IN CONTINUING INVESTING ACTIVITIES		(1,743)
NET CASH USED IN DISCONTINUED OPERATIONS		(252)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	1,467	679
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,004	181
Under Full Cost [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Impairments		0
Net loss including noncontrolling interest	(561)	(4,636)
Net loss from discontinued operations		(132)
Loss on divestitures	(2)	0
Exploratory dry hole expense and unproved leasehold impairments	0	0
Depreciation, depletion and amortization	1,082	8,302
Provision (benefit) from deferred income taxes	(181)	(2,935)
Other Operating Activities, Cash Flow Statement	(159)	(319)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	276
Additions to oil and gas property	(583)	(1,627)
NET CASH USED IN INVESTING ACTIVITIES	(592)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(463)	(540)
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES		577
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		73
NET CASH USED IN CONTINUING INVESTING ACTIVITIES		(1,853)
NET CASH USED IN DISCONTINUED OPERATIONS		(265)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	1,467	769
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,004	229
Changes [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Impairments		1,912
Net loss including noncontrolling interest	190	3,330
Net loss from discontinued operations		(106)
Loss on divestitures	1	(18)
Exploratory dry hole expense and unproved leasehold impairments	71	203
Depreciation, depletion and amortization	(404)	(7,476)
Provision (benefit) from deferred income taxes	180	1,786
Other Operating Activities, Cash Flow Statement	(73)	53
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(37)
Additions to oil and gas property	37	110
NET CASH USED IN INVESTING ACTIVITIES	37
NET DECREASE IN CASH AND CASH EQUIVALENTS	0	42
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES		(68)
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		(13)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES		110
NET CASH USED IN DISCONTINUED OPERATIONS		13
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	0	(90)
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 0	$ (48)

Change in Accounting Principl33

Change in Accounting Principle Change in Accounting Principle - Consolidated Balance Sheet (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Prepaid assets and other	$ 399	$ 290
Property and equipment, gross	46,544	46,150
Less: Accumulated depreciation, depletion, and amortization	(25,985)	(25,312)
Property and equipment, net	20,559	20,838
Total Assets	24,734	25,500	$ 36,169
Other current liabilities	994	1,223
Paid-in capital	12,553	12,619
Accumulated deficit	(2,352)	(1,980)
Accumulated other comprehensive loss	(119)	(119)
Noncontrolling interest	1,549	1,602
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	9,000	9,490	$ 19,139	$ 20,541
Income taxes	2,533	2,529
Change from Full Cost Method to Successful Efforts Method [Member]
Prepaid assets and other	399
Property and equipment, gross	46,544	46,150
Less: Accumulated depreciation, depletion, and amortization	(25,985)	(25,312)
Property and equipment, net	20,559	20,838
Total Assets	24,734	25,500
Other current liabilities	994
Paid-in capital	12,553	12,619
Accumulated deficit	(2,352)	(1,980)
Accumulated other comprehensive loss	(119)	(119)
Noncontrolling interest	1,549	1,602
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	9,000	9,490
Income taxes	2,533	2,529
Under Full Cost [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest		4,228		28,137
Under Full Cost [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Prepaid assets and other	361
Property and equipment, gross	94,326	93,825
Less: Accumulated depreciation, depletion, and amortization	(80,784)	(79,706)
Property and equipment, net	13,542	14,119
Total Assets	17,679	18,781
Other current liabilities	1,027
Paid-in capital	12,407	12,467
Accumulated deficit	(7,642)	(7,153)
Accumulated other comprehensive loss	(116)	(116)
Noncontrolling interest	1,536	1,662
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	3,554	4,228
Income taxes	891	1,072
Changes [Member] | Change from Full Cost Method to Successful Efforts Method [Member]
Prepaid assets and other	38
Property and equipment, gross	(47,782)	(47,675)
Less: Accumulated depreciation, depletion, and amortization	54,799	54,394
Property and equipment, net	7,017	6,719
Total Assets	7,055	6,719
Other current liabilities	(33)
Paid-in capital	146	152
Accumulated deficit	5,290	5,173		$ 7,600
Accumulated other comprehensive loss	(3)	(3)
Noncontrolling interest	13	(60)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	5,446	5,262
Income taxes	$ 1,642	$ 1,457

Acquisitions and Divestitures -

Acquisitions and Divestitures - 2015 Activity (Detail) - USD ($) $ in Millions	1 Months Ended		3 Months Ended
	Jun. 30, 2015	Apr. 30, 2015	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Percentage of ownership			100.00%
Asset Impairment Charges			$ 0	$ 1,912
Leasehold and property acquisitions			19	91
Transaction, reorganization, and separation			$ 15	$ 54
Australia [Member] | Woodside Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestitures		$ 2,800
Australia [Member] | Consortium Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestitures	$ 1,900
Loss on disposal	$ 139
Upstream Assets [Member] | Canada [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on sale of upstream assets		146
Upstream Assets [Member] | Australia [Member] | Woodside Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestitures		1,400
LNG Assets [Member] | Australia [Member] | Woodside Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestitures		$ 1,400
Wheatstone LNG [Member] | Australia [Member] | Oil and Gas Properties [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on sale of upstream assets						$ 49
Kitimat LNG [Member] | Canada [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Percentage of ownership		50.00%
Proceeds form sale of operations		$ 854
Asset Impairment Charges					$ 655
Kitimat LNG [Member] | Upstream Assets [Member] | Canada [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds form sale of operations		510
Kitimat LNG [Member] | LNG Assets [Member] | Canada [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds form sale of operations		$ 344
Wheatstone LNG [Member] | Australia [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Asset Impairment Charges					$ 833

Acquisitions and Divestitures35

Acquisitions and Divestitures - Summary of Sales and Other Operating Revenue and Loss From Discontinued Operation Related to Disposition - Australia Divestitures (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss from Australian discontinued operations, net of tax	$ 0	$ (238)
Australia [Member] | Divestiture [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues and other from discontinued operations	0	187
Income from divested Australian operations	0	10
Income tax expense	0	(199)
Loss from Australian discontinued operations, net of tax	$ 0	$ (238)
Woodside Sale [Member] | Australia [Member] | Divestiture [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment on Woodside sale			$ (49)

Capitalized Exploratory Well 36

Capitalized Exploratory Well Costs (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Extractive Industries [Abstract]
Capitalized Exploratory Well Costs	$ 240	$ 245

Other Current Liabilities - Det

Other Current Liabilities - Details of Other Current Liabilities (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Accrued operating expenses	$ 125	$ 139
Accrued exploration and development	537	637
Accrued compensation and benefits	75	166
Accrued interest	108	144
Accrued income taxes	48	47
Current debt	1	1
Current asset retirement obligation	36	36
Other	64	53
Total Other current liabilities	$ 994	$ 1,223

Asset Retirement Obligation - A

Asset Retirement Obligation - Asset Retirement Obligation (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Asset retirement obligation at December 31, 2015	$ 2,598
Liabilities incurred	1
Liabilities settled	(15)
Accretion expense	38
Asset retirement obligation at end of year March 31, 2016	2,622
Less current portion	36	$ 36
Asset retirement obligation, long-term	$ 2,586	$ 2,562

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	Mar. 21, 2016	Mar. 20, 2016	Mar. 31, 2016
Commitment And Contingencies [Line Items]
Accrued liability for legal contingencies			$ 14,000,000
Undiscounted reserve for environmental remediation			$ 56,000,000
Apollo Exploration Lawsuit [Member]
Commitment And Contingencies [Line Items]
Plaintiffs alleged damages	$ 500,000,000
Minimum [Member] | Apollo Exploration Lawsuit [Member]
Commitment And Contingencies [Line Items]
Plaintiffs alleged damages		$ 1,100,000,000

Debt and Financing Costs - Summ

Debt and Financing Costs - Summary of Carrying Amounts and Estimated Fair Values (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value	$ 8,561	$ 8,330
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	8,719	8,717
Notes and Debentures [Member] | Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value	8,561	8,330
Notes and Debentures [Member] | Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	8,719	8,717
Commercial Paper [Member] | Commercial Paper and Committed Bank Facilities [Member] | Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value	0	0
Commercial Paper [Member] | Commercial Paper and Committed Bank Facilities [Member] | Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 0	$ 0

Debt and Financing Costs - Addi

Debt and Financing Costs - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2016GBP (£)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Debt instrument term	5 years
Debt issuance costs			$ 61,000,000
Long-term debt	$ 59,000,000
Commercial Paper [Member]
Debt Instrument [Line Items]
Debt instrument term	270 days
Debt instrument, face amount	$ 3,500,000,000
Letter of Credit [Member]
Debt Instrument [Line Items]
Debt instrument term	3 years
Debt instrument, face amount | £		£ 900,000,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity	$ 3,500,000,000
Credit facility maturity date	Jun. 30, 2020

Debt and Financing Costs - Comp

Debt and Financing Costs - Components of Financing Costs, Net (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Debt Disclosure [Abstract]
Interest expense	$ 116	$ 128
Amortization of deferred loan costs	1	2
Capitalized interest	(11)	(4)
Interest income	(1)	(2)
Financing costs, net	$ 105	$ 124

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Deferred foreign tax expense	$ 414
Effective income tax rate	50.00%	62.00%

Capital Stock - Net Income (los

Capital Stock - Net Income (loss) Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Basic:
Loss from continuing operations	$ (372)	$ (1,096)
Loss from discontinued operations	0	(238)
NET LOSS ATTRIBUTABLE TO COMMON STOCK	$ (372)	$ (1,334)
Loss from continuing operations, shares	378	377
Loss from discontinued operations, shares	378	377
Loss attributable to common stock, shares	378	377
Basic loss from continuing operations, per share	$ (0.98)	$ (2.91)
Basic loss from discontinued operations, per share	0	(0.63)
Basic net loss per share	$ (0.98)	$ (3.54)
Effect of Dilutive Securities:
Stock options and other, shares	0	0
Diluted:
Loss from continuing operations	$ (372)	$ (1,096)
Loss from discontinued operations	0	(238)
Loss attributable to common stock	$ (372)	$ (1,334)
Loss from continuing operations, shares	378	377
Loss from discontinued operations, shares	378	377
Loss attributable to common stock, shares	378	377
Diluted loss from continuing operations, per share	$ (0.98)	$ (2.91)
Diluted loss from discontinued operations, per share	0	(0.63)
Diluted net loss per share	$ (0.98)	$ (3.54)

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Jun. 10, 2013	Mar. 31, 2016	Mar. 31, 2015
Equity [Abstract]
Options and restricted stock, anti-dilutive		7,100,000	9,100,000
Dividends, Common stock		$ 95	$ 94
Common stock share purchase, shares		40,000,000
Common stock share repurchase, shares	32,200,000
Common stock share repurchase, per share	$ 88.96

Business Segment Information -

Business Segment Information - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016country
Segment Reporting [Abstract]
Production in number of countries	4

Business Segment Information 47

Business Segment Information - Financial Segment Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Oil and Gas Production Revenues	$ 1,087	$ 1,659
Operating Income (Loss)	(165)	(1,983)
Loss on divestitures	(1)	(18)
Other	(3)	(6)
General and administrative	(93)	(84)
Transaction, reorganization, and separation	(15)	(54)
Financing costs, net	(105)	(124)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(382)	(2,269)
Total Assets	24,734	36,169	$ 25,500
U.S. [Member]
Segment Reporting Information [Line Items]
Oil and Gas Production Revenues	409	660
Operating Income (Loss)	(159)	(2,019)
Total Assets	12,726	19,522
Asset Impairments		1,900
Canada [Member]
Segment Reporting Information [Line Items]
Oil and Gas Production Revenues	83	133
Operating Income (Loss)	(62)	(96)
Total Assets	2,118	4,696
Asset Impairments		26
Egypt [Member]
Segment Reporting Information [Line Items]
Oil and Gas Production Revenues	392	553
Operating Income (Loss)	42	164
Total Assets	5,527	6,920
Asset Impairments		8
North Sea [Member]
Segment Reporting Information [Line Items]
Oil and Gas Production Revenues	203	313
Operating Income (Loss)	14	(31)
Total Assets	4,314	4,386
Asset Impairments		104
Other International [Member]
Segment Reporting Information [Line Items]
Oil and Gas Production Revenues	0	0
Operating Income (Loss)	0	(1)
Total Assets	$ 49	$ 645

Supplemental Guarantor Inform48

Supplemental Guarantor Information - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Condensed Financial Statements, Captions [Line Items]
Equity ownership percentage	100.00%
Notes Due 2029 [Member]
Condensed Financial Statements, Captions [Line Items]
Publicly traded notes	$ 300
Publicly-traded notes maturity date	2,029

Supplemental Guarantor Inform49

Supplemental Guarantor Information - Supplemental Condensed Consolidating Statement of Operations (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
REVENUES AND OTHER:
Oil and Gas Production Revenues	$ 1,087	$ 1,659
Equity in net income (loss) of affiliates	0	0
Other	(3)	(6)
Loss on divestitures	(1)	(18)
Total revenues and other	1,083	1,635
OPERATING EXPENSES:
Depreciation, depletion, and amortization	678	826
Asset retirement obligation accretion	38	36
Impairments	0	1,912
Lease operating expenses	378	481
Gathering and transportation	52	56
Taxes other than income	11	73
Exploration	95	258
General and administrative	93	84
Transaction, reorganization, and separation	15	54
Financing costs, net	105	124
Total operating expenses	1,465	3,904
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(382)	(2,269)
Provision (benefit) for income taxes	(11)	(1,201)
NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(371)	(1,068)
Loss from Australian discontinued operations, net of tax	0	(238)
NET LOSS INCLUDING NONCONTROLLING INTEREST	(371)	(1,306)
Net income attributable to noncontrolling interest	1	28
NET LOSS ATTRIBUTABLE TO COMMON STOCK	(372)	(1,334)
Reclassifications & Eliminations [Member]
REVENUES AND OTHER:
Oil and Gas Production Revenues	0	0
Equity in net income (loss) of affiliates	134	1,298
Other	0	0
Loss on divestitures	0	0
Total revenues and other	134	1,298
OPERATING EXPENSES:
Depreciation, depletion, and amortization	0	0
Asset retirement obligation accretion	0	0
Impairments	0	0
Lease operating expenses	0	0
Gathering and transportation	0	0
Taxes other than income	0	0
Exploration	0	0
General and administrative	0	0
Transaction, reorganization, and separation	0	0
Financing costs, net	0	0
Total operating expenses	0	0
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	134	1,298
Provision (benefit) for income taxes	0	0
NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	134	1,298
Loss from Australian discontinued operations, net of tax	0	0
NET LOSS INCLUDING NONCONTROLLING INTEREST	134	1,298
Net income attributable to noncontrolling interest	0	0
NET LOSS ATTRIBUTABLE TO COMMON STOCK	134	1,298
Apache Corporation [Member]
REVENUES AND OTHER:
Oil and Gas Production Revenues	217	365
Equity in net income (loss) of affiliates	(108)	(1,246)
Other	28	(38)
Loss on divestitures	(1)	(13)
Total revenues and other	136	(932)
OPERATING EXPENSES:
Depreciation, depletion, and amortization	156	262
Asset retirement obligation accretion	4	4
Impairments	0	1,164
Lease operating expenses	78	124
Gathering and transportation	8	9
Taxes other than income	21	33
Exploration	50	95
General and administrative	77	64
Transaction, reorganization, and separation	15	54
Financing costs, net	61	99
Total operating expenses	470	1,908
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(334)	(2,840)
Provision (benefit) for income taxes	37	(1,506)
NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(371)	(1,334)
Loss from Australian discontinued operations, net of tax	0	0
NET LOSS INCLUDING NONCONTROLLING INTEREST	(371)	(1,334)
Net income attributable to noncontrolling interest	0	0
NET LOSS ATTRIBUTABLE TO COMMON STOCK	(371)	(1,334)
Apache Finance Canada [Member]
REVENUES AND OTHER:
Oil and Gas Production Revenues	0	0
Equity in net income (loss) of affiliates	(26)	(53)
Other	12	14
Loss on divestitures	0	0
Total revenues and other	(14)	(39)
OPERATING EXPENSES:
Depreciation, depletion, and amortization	0	0
Asset retirement obligation accretion	0	0
Impairments	0	0
Lease operating expenses	0	0
Gathering and transportation	0	0
Taxes other than income	0	0
Exploration	0	0
General and administrative	0	0
Transaction, reorganization, and separation	0	0
Financing costs, net	10	10
Total operating expenses	10	10
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(24)	(49)
Provision (benefit) for income taxes	2	3
NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(26)	(52)
Loss from Australian discontinued operations, net of tax	0	0
NET LOSS INCLUDING NONCONTROLLING INTEREST	(26)	(52)
Net income attributable to noncontrolling interest	0	0
NET LOSS ATTRIBUTABLE TO COMMON STOCK	(26)	(52)
All Other Subsidiaries of Apache Corporation [Member]
REVENUES AND OTHER:
Oil and Gas Production Revenues	870	1,294
Equity in net income (loss) of affiliates	0	1
Other	(43)	18
Loss on divestitures	0	(5)
Total revenues and other	827	1,308
OPERATING EXPENSES:
Depreciation, depletion, and amortization	522	564
Asset retirement obligation accretion	34	32
Impairments	0	748
Lease operating expenses	300	357
Gathering and transportation	44	47
Taxes other than income	(10)	40
Exploration	45	163
General and administrative	16	20
Transaction, reorganization, and separation	0	0
Financing costs, net	34	15
Total operating expenses	985	1,986
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	(158)	(678)
Provision (benefit) for income taxes	(50)	302
NET LOSS FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST	(108)	(980)
Loss from Australian discontinued operations, net of tax	0	(238)
NET LOSS INCLUDING NONCONTROLLING INTEREST	(108)	(1,218)
Net income attributable to noncontrolling interest	1	28
NET LOSS ATTRIBUTABLE TO COMMON STOCK	$ (109)	$ (1,246)

Supplemental Guarantor Inform50

Supplemental Guarantor Information - Supplemental Condensed Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Condensed Financial Statements, Captions [Line Items]
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES	$ 239	$ 509
CASH PROVIDED BY DISCONTINUED OPERATIONS	0	60
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	239	569
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(546)	(1,517)
Leasehold and property acquisitions	(19)	(91)
Additions to gas gathering, transmission, and processing facilities	0	(63)
Investment in subsidiaries, net	0	0
Other	10	(72)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES	(555)	(1,743)
NET CASH USED IN DISCONTINUED OPERATIONS	0	(252)
NET CASH USED IN INVESTING ACTIVITIES	(555)	(1,995)
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper and bank credit facilities, net	0	1,028
Intercompany borrowings	0	0
Distributions to noncontrolling interest	(54)	(21)
Dividends paid	(95)	(94)
Other	2	15
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES		928
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(147)	928
NET DECREASE IN CASH AND CASH EQUIVALENTS	(463)	(498)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	1,467	679
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,004	181
Reclassifications & Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES		0
CASH PROVIDED BY DISCONTINUED OPERATIONS		0
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	0	0
Leasehold and property acquisitions	0	0
Additions to gas gathering, transmission, and processing facilities	0	0
Investment in subsidiaries, net	6	(105)
Other	0	0
NET CASH USED IN CONTINUING INVESTING ACTIVITIES		(105)
NET CASH USED IN DISCONTINUED OPERATIONS		0
NET CASH USED IN INVESTING ACTIVITIES	6	(105)
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper and bank credit facilities, net		0
Intercompany borrowings	(6)	105
Distributions to noncontrolling interest	0	0
Dividends paid	0	0
Other	0	0
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES		105
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(6)	105
NET DECREASE IN CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	0	0
CASH AND CASH EQUIVALENTS AT END OF PERIOD	0	0
Apache Corporation [Member]
Condensed Financial Statements, Captions [Line Items]
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES		(470)
CASH PROVIDED BY DISCONTINUED OPERATIONS		0
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	44	(470)
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(81)	(697)
Leasehold and property acquisitions	(19)	(92)
Additions to gas gathering, transmission, and processing facilities	1	(22)
Investment in subsidiaries, net	(6)	105
Other	(34)	(18)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES		(724)
NET CASH USED IN DISCONTINUED OPERATIONS		0
NET CASH USED IN INVESTING ACTIVITIES	(139)	(724)
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper and bank credit facilities, net		1,028
Intercompany borrowings	0	0
Distributions to noncontrolling interest	0	0
Dividends paid	(95)	(94)
Other	1	2
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES		936
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(94)	936
NET DECREASE IN CASH AND CASH EQUIVALENTS	(189)	(258)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	378	267
CASH AND CASH EQUIVALENTS AT END OF PERIOD	189	9
Apache Finance Canada [Member]
Condensed Financial Statements, Captions [Line Items]
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES		(3)
CASH PROVIDED BY DISCONTINUED OPERATIONS		0
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	11	(3)
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	0	0
Leasehold and property acquisitions	0	0
Additions to gas gathering, transmission, and processing facilities	0	0
Investment in subsidiaries, net	0	0
Other	0	0
NET CASH USED IN CONTINUING INVESTING ACTIVITIES		0
NET CASH USED IN DISCONTINUED OPERATIONS		0
NET CASH USED IN INVESTING ACTIVITIES	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper and bank credit facilities, net		0
Intercompany borrowings	(7)	(1)
Distributions to noncontrolling interest	0	0
Dividends paid	0	0
Other	(4)	4
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES		3
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(11)	3
NET DECREASE IN CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	0	0
CASH AND CASH EQUIVALENTS AT END OF PERIOD	0	0
All Other Subsidiaries of Apache Corporation [Member]
Condensed Financial Statements, Captions [Line Items]
CASH PROVIDED BY (USED IN) CONTINUING OPERATING ACTIVITIES		982
CASH PROVIDED BY DISCONTINUED OPERATIONS		60
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	184	1,042
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property	(465)	(820)
Leasehold and property acquisitions	0	1
Additions to gas gathering, transmission, and processing facilities	(1)	(41)
Investment in subsidiaries, net	0	0
Other	44	(54)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES		(914)
NET CASH USED IN DISCONTINUED OPERATIONS		(252)
NET CASH USED IN INVESTING ACTIVITIES	(422)	(1,166)
CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper and bank credit facilities, net		0
Intercompany borrowings	13	(104)
Distributions to noncontrolling interest	(54)	(21)
Dividends paid	0	0
Other	5	9
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES		(116)
NET CASH PROVIDED BY DISCONTINUED OPERATIONS		0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(36)	(116)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(274)	(240)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	1,089	412
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 815	$ 172

Supplemental Guarantor Inform51

Supplemental Guarantor Information - Supplemental Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 1,004	$ 1,467	$ 181	$ 679
Receivables, net of allowance	1,120	1,253
Inventories	547	570
Drilling advances	190	172
Deferred tax asset	0
Prepaid assets and other	399	290
Intercompany receivable	0	0
Total current assets	3,260	3,752
PROPERTY AND EQUIPMENT, NET	20,559	20,838
OTHER ASSETS:
Intercompany receivable	0	0
Equity in affiliates	0	0
Deferred charges and other	915	910
Total assets	24,734	25,500	36,169
CURRENT LIABILITIES:
Accounts payable	571	618
Other current liabilities	994	1,223
Intercompany payable	0	0
Total current liabilities	1,565	1,841
LONG-TERM DEBT	8,718	8,716
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	0	0
Income taxes	2,533	2,529
Asset retirement obligation	2,586	2,562
Other	332	362
Total deferred credits and other noncurrent liabilities	5,451	5,453
COMMITMENTS AND CONTINGENCIES (Note 9)
APACHE SHAREHOLDERS’ EQUITY	7,451	7,888
Noncontrolling interest	1,549	1,602
TOTAL EQUITY	9,000	9,490	19,139	20,541
TOTAL LIABILITIES AND EQUITY	24,734	25,500
Reclassifications & Eliminations [Member]
CURRENT ASSETS:
Cash and cash equivalents	0	0	0	0
Receivables, net of allowance	0	0
Inventories	0	0
Drilling advances	0	0
Deferred tax asset	0
Prepaid assets and other	0	0
Intercompany receivable	(5,330)	(5,212)
Total current assets	(5,330)	(5,212)
PROPERTY AND EQUIPMENT, NET	0	0
OTHER ASSETS:
Intercompany receivable	(10,908)	(10,744)
Equity in affiliates	(15,597)	(15,731)
Deferred charges and other	(1,000)	(1,000)
Total assets	(32,835)	(32,687)
CURRENT LIABILITIES:
Accounts payable	0	0
Other current liabilities	0	0
Intercompany payable	(5,330)	(5,212)
Total current liabilities	(5,330)	(5,212)
LONG-TERM DEBT	0	0
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	(10,908)	(10,744)
Income taxes	0	0
Asset retirement obligation	0	0
Other	(1,000)	(1,000)
Total deferred credits and other noncurrent liabilities	(11,908)	(11,744)
COMMITMENTS AND CONTINGENCIES (Note 9)
APACHE SHAREHOLDERS’ EQUITY	(15,597)	(15,731)
Noncontrolling interest	0	0
TOTAL EQUITY	(15,597)	(15,731)
TOTAL LIABILITIES AND EQUITY	(32,835)	(32,687)
Apache Corporation [Member]
CURRENT ASSETS:
Cash and cash equivalents	189	378	9	267
Receivables, net of allowance	314	314
Inventories	34	34
Drilling advances	15	16
Deferred tax asset	(28)
Prepaid assets and other	238	102
Intercompany receivable	5,330	5,212
Total current assets	6,092	6,056
PROPERTY AND EQUIPMENT, NET	6,529	6,546
OTHER ASSETS:
Intercompany receivable	0	0
Equity in affiliates	15,984	16,092
Deferred charges and other	98	96
Total assets	28,703	28,790
CURRENT LIABILITIES:
Accounts payable	330	409
Other current liabilities	351	539
Intercompany payable	0	0
Total current liabilities	681	948
LONG-TERM DEBT	8,421	8,418
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	10,908	10,744
Income taxes	67	(412)
Asset retirement obligation	274	271
Other	901	933
Total deferred credits and other noncurrent liabilities	12,150	11,536
COMMITMENTS AND CONTINGENCIES (Note 9)
APACHE SHAREHOLDERS’ EQUITY	7,451	7,888
Noncontrolling interest	0	0
TOTAL EQUITY	7,451	7,888
TOTAL LIABILITIES AND EQUITY	28,703	28,790
Apache Finance Canada [Member]
CURRENT ASSETS:
Cash and cash equivalents	0	0	0	0
Receivables, net of allowance	0	0
Inventories	0	0
Drilling advances	0	0
Deferred tax asset	0
Prepaid assets and other	0	0
Intercompany receivable	0	0
Total current assets	0	0
PROPERTY AND EQUIPMENT, NET	0	0
OTHER ASSETS:
Intercompany receivable	14	0
Equity in affiliates	(839)	(807)
Deferred charges and other	1,000	1,001
Total assets	175	194
CURRENT LIABILITIES:
Accounts payable	4	0
Other current liabilities	7	3
Intercompany payable	0	0
Total current liabilities	11	3
LONG-TERM DEBT	297	298
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	0	0
Income taxes	5	4
Asset retirement obligation	0	0
Other	249	250
Total deferred credits and other noncurrent liabilities	254	254
COMMITMENTS AND CONTINGENCIES (Note 9)
APACHE SHAREHOLDERS’ EQUITY	(387)	(361)
Noncontrolling interest	0	0
TOTAL EQUITY	(387)	(361)
TOTAL LIABILITIES AND EQUITY	175	194
All Other Subsidiaries of Apache Corporation [Member]
CURRENT ASSETS:
Cash and cash equivalents	815	1,089	$ 172	$ 412
Receivables, net of allowance	806	939
Inventories	513	536
Drilling advances	175	156
Deferred tax asset	28
Prepaid assets and other	161	188
Intercompany receivable	0	0
Total current assets	2,498	2,908
PROPERTY AND EQUIPMENT, NET	14,030	14,292
OTHER ASSETS:
Intercompany receivable	10,894	10,744
Equity in affiliates	452	446
Deferred charges and other	817	813
Total assets	28,691	29,203
CURRENT LIABILITIES:
Accounts payable	237	209
Other current liabilities	636	681
Intercompany payable	5,330	5,212
Total current liabilities	6,203	6,102
LONG-TERM DEBT	0	0
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Intercompany payable	0	0
Income taxes	2,461	2,937
Asset retirement obligation	2,312	2,291
Other	182	179
Total deferred credits and other noncurrent liabilities	4,955	5,407
COMMITMENTS AND CONTINGENCIES (Note 9)
APACHE SHAREHOLDERS’ EQUITY	15,984	16,092
Noncontrolling interest	1,549	1,602
TOTAL EQUITY	17,533	17,694
TOTAL LIABILITIES AND EQUITY	$ 28,691	$ 29,203