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Stock Analysis on Net

Anadarko Petroleum Corp. (NYSE:APC)

This company has been moved to the archive! The financial data has not been updated since October 31, 2017.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Assets: Selected Items

Current Assets: Selected Items

Anadarko Petroleum Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012
Cash and cash equivalents 5,251 6,008 5,831 3,184 3,980 1,394 2,947 939 2,072 2,173 2,308 7,369 8,335 5,365 5,924 3,698 3,939 4,581 3,735 2,471 2,532 2,794 2,957
Accounts receivable, net of allowance, customers 1,009 834 973 1,007 848 770 633 652 833 1,028 1,025 1,118 1,350 1,484 1,674 1,481 1,266 1,302 1,511 1,473 1,352 1,087 1,319
Accounts receivable, net of allowance, others 873 820 604 721 743 730 1,759 1,817 1,636 1,574 1,149 1,409 1,362 1,595 1,375 1,241 1,199 1,254 1,249 1,274 1,572 1,864 1,929
Accounts receivable, net of allowance 1,882 1,654 1,577 1,728 1,591 1,500 2,392 2,469 2,469 2,602 2,174 2,527 2,712 3,079 3,049 2,722 2,465 2,556 2,760 2,747 2,924 2,951 3,248
Algeria exceptional profits tax settlement — — — — — — — — — — — — — — — — — 32 280 730 1,122 1,629 1,458
Other current assets 340 322 299 354 347 318 428 574 646 635 683 1,325 692 536 691 688 736 730 535 847 746 1,056 1,051
Current assets 7,473 7,984 7,707 5,266 5,918 3,212 5,767 3,982 5,187 5,410 5,165 11,221 11,739 8,980 9,664 7,108 7,140 7,899 7,310 6,795 7,324 8,430 8,714
Properties and equipment, cost 64,855 64,316 64,485 69,013 69,089 69,610 71,541 70,683 70,387 75,608 76,040 75,107 72,677 72,529 70,573 71,244 69,167 66,975 65,160 63,598 62,125 60,990 61,606
Accumulated depreciation, depletion, and amortization (37,023) (35,800) (35,420) (36,845) (37,990) (37,265) (38,015) (36,932) (35,006) (37,788) (37,770) (33,518) (31,573) (31,042) (30,009) (30,315) (28,682) (27,144) (26,190) (25,200) (24,149) (23,506) (23,440)
Net properties and equipment 27,832 28,516 29,065 32,168 31,099 32,345 33,526 33,751 35,381 37,820 38,270 41,589 41,104 41,487 40,564 40,929 40,485 39,831 38,970 38,398 37,976 37,484 38,166
Other assets 2,152 2,134 2,182 2,226 2,203 2,239 2,304 2,350 2,271 2,474 2,998 2,310 2,321 2,352 2,278 2,082 2,006 1,893 1,630 1,716 1,664 1,661 1,816
Goodwill and other intangible assets 5,671 5,714 5,739 5,904 6,197 6,237 6,325 6,331 6,343 6,420 6,540 6,569 5,501 5,595 5,597 5,662 5,663 5,677 5,678 5,680 5,754 5,757 5,825
Noncurrent assets 35,655 36,364 36,986 40,298 39,499 40,821 42,155 42,432 43,995 46,714 47,808 50,468 48,926 49,434 48,439 48,673 48,154 47,401 46,278 45,794 45,394 44,902 45,807
Total assets 43,128 44,348 44,693 45,564 45,417 44,033 47,922 46,414 49,182 52,124 52,973 61,689 60,665 58,414 58,103 55,781 55,294 55,300 53,588 52,589 52,718 53,332 54,521

Based on: 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31).


Total assets exhibited a period of growth between March 2012 and December 2014, peaking at 61,689 million US dollars before entering a consistent decline that resulted in a closing balance of 43,128 million US dollars by September 30, 2017. This overall contraction is primarily driven by a reduction in noncurrent assets and significant volatility within current asset holdings.

Liquidity and Current Asset Trends
Current assets reached a peak of 11,739 million US dollars in September 2014, followed by a sharp contraction to 5,165 million US dollars by March 2015. Cash and cash equivalents showed substantial volatility, with a high of 8,335 million US dollars in September 2014 and a low of 939 million US dollars in December 2015. While cash levels recovered to 5,251 million US dollars by September 2017, accounts receivable showed a long-term downward trend, falling from 3,248 million US dollars in March 2012 to 1,882 million US dollars in September 2017.
Fixed Asset Management and Valuation
Net properties and equipment grew steadily from 38,166 million US dollars in March 2012 to a peak of 41,589 million US dollars in December 2014. Subsequently, a sustained decline occurred, with the value falling to 27,832 million US dollars by September 2017. This decline is mirrored by the trend in accumulated depreciation, depletion, and amortization, which increased from -23,440 million US dollars in March 2012 to a peak of -38,015 million US dollars in March 2016, indicating significant asset consumption or impairment charges during the 2015-2017 window.
Other Noncurrent Assets and Specialized Items
Goodwill and other intangible assets remained relatively stable, fluctuating between 5,501 million and 6,569 million US dollars, though a gradual decline is noted toward the end of the period. A specific asset, the Algeria exceptional profits tax settlement, was systematically reduced from 1,458 million US dollars in March 2012 until it was fully settled and removed from the balance sheet by September 2013.
Overall Asset Composition Shift
The balance sheet shifted from a peak total asset value of over 61 billion US dollars in late 2014 to approximately 43 billion US dollars by late 2017. The most significant erosion occurred in the noncurrent asset category, which fell from a high of 50,468 million US dollars in December 2014 to 35,655 million US dollars by September 2017, representing a substantial reduction in the long-term asset base.

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