Balance Sheet: Liabilities and Stockholders’ Equity
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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Apache Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	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	Dec 31, 2011	Sep 30, 2011	Jun 30, 2011	Mar 31, 2011
Accounts payable	544)	571)	618)	659)	710)	1,010)	1,210)	1,316)	1,491)	1,438)	1,616)	1,345)	1,346)	1,226)	1,092)	1,137)	1,061)	1,059)	1,048)	852)	1,029)	906)
Accrued operating expenses	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	158)	168)	191)
Accrued exploration and development	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	1,329)	1,375)	1,399)
Accrued compensation and benefits	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	143)	135)	131)
Accrued income taxes	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	267)	266)	—)
Current debt	—)	—)	1)	—)	—)	2,598)	—)	20)	1)	—)	53)	57)	478)	994)	990)	964)	568)	429)	431)	417)	448)	30)
Derivative instruments	—)	—)	—)	—)	—)	—)	—)	—)	272)	224)	299)	205)	22)	151)	116)	56)	41)	150)	113)	50)	229)	491)
Other current liabilities	1,026)	994)	1,222)	1,508)	1,673)	1,885)	2,454)	2,971)	2,806)	2,694)	2,732)	2,916)	3,312)	3,191)	3,338)	3,233)	3,451)	3,060)	3,371)	808)	834)	809)
Current liabilities	1,570)	1,565)	1,841)	2,167)	2,383)	5,493)	3,664)	4,307)	4,570)	4,356)	4,700)	4,523)	5,158)	5,562)	5,536)	5,390)	5,121)	4,698)	4,963)	4,024)	4,484)	3,957)
Long-term debt, excluding current maturities	8,719)	8,718)	8,777)	8,777)	9,676)	9,675)	11,245)	10,902)	9,674)	9,673)	9,672)	10,868)	12,297)	11,485)	11,355)	10,670)	9,670)	7,444)	6,785)	6,785)	7,404)	8,130)
Income taxes	2,308)	2,533)	1,072)	1,997)	2,644)	6,611)	9,499)	9,298)	8,566)	8,517)	8,364)	8,297)	8,496)	8,163)	8,024)	7,602)	7,383)	7,217)	7,197)	5,535)	4,698)	4,265)
Asset retirement obligation	2,706)	2,586)	2,562)	2,567)	2,534)	3,094)	3,048)	3,096)	3,050)	2,996)	3,101)	3,123)	4,278)	4,197)	4,100)	3,794)	3,739)	3,482)	3,440)	2,603)	2,535)	2,482)
Other	347)	332)	362)	332)	320)	372)	359)	401)	419)	402)	407)	447)	400)	398)	391)	640)	631)	681)	673)	632)	741)	834)
Deferred credits and other noncurrent liabilities	5,361)	5,451)	3,996)	4,896)	5,498)	10,077)	12,906)	12,795)	12,035)	11,915)	11,872)	11,867)	13,174)	12,758)	12,515)	12,036)	11,753)	11,380)	11,310)	8,770)	7,974)	7,581)
Noncurrent liabilities	14,080)	14,169)	12,773)	13,673)	15,174)	19,752)	24,151)	23,697)	21,709)	21,588)	21,544)	22,735)	25,471)	24,243)	23,870)	22,706)	21,423)	18,824)	18,095)	15,555)	15,378)	15,711)
Total liabilities	15,650)	15,734)	14,614)	15,840)	17,557)	25,245)	27,815)	28,004)	26,279)	25,944)	26,244)	27,258)	30,629)	29,805)	29,406)	28,096)	26,544)	23,522)	23,058)	19,579)	19,862)	19,668)
Preferred stock, no par value	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	1,227)	1,227)	1,227)	1,227)	1,227)	1,227)	1,227)	1,227)	1,227)	1,227)
Common stock, $0.625 par	258)	257)	257)	257)	257)	256)	256)	256)	256)	255)	255)	255)	246)	245)	245)	245)	245)	241)	241)	241)	241)	240)
Paid-in capital	12,487)	12,553)	12,467)	12,497)	12,483)	12,456)	12,438)	12,379)	12,324)	12,284)	12,251)	11,191)	9,928)	9,897)	9,859)	9,783)	9,736)	9,107)	9,066)	9,017)	8,969)	8,928)
Retained earnings (accumulated deficit)	(2,596)	(2,352)	(7,153)	60)	5,809)	11,504)	16,249)	21,156)	22,581)	22,170)	22,032)	21,938)	21,718)	20,781)	20,161)	19,578)	19,484)	19,213)	18,500)	17,388)	16,463)	15,281)
Treasury stock, at cost	(2,888)	(2,888)	(2,889)	(2,889)	(2,889)	(2,889)	(2,890)	(2,857)	(2,290)	(1,511)	(1,027)	(280)	(280)	(30)	(30)	(30)	(30)	(31)	(32)	(32)	(33)	(33)
Accumulated other comprehensive income (loss)	(119)	(119)	(116)	(116)	(116)	(116)	(116)	(116)	(116)	(116)	(115)	(123)	(118)	(133)	(131)	(89)	11)	(42)	(9)	62)	(200)	(445)
Total Apache shareholders’ equity	7,142)	7,451)	2,566)	9,809)	15,544)	21,211)	25,937)	30,818)	32,755)	33,082)	33,396)	32,981)	32,721)	31,987)	31,331)	30,714)	30,673)	29,715)	28,993)	27,903)	26,667)	25,198)
Noncontrolling interest	1,554)	1,549)	1,662)	2,163)	2,211)	2,194)	2,200)	2,168)	2,137)	2,095)	1,997)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Total equity	8,696)	9,000)	4,228)	11,972)	17,755)	23,405)	28,137)	32,986)	34,892)	35,177)	35,393)	32,981)	32,721)	31,987)	31,331)	30,714)	30,673)	29,715)	28,993)	27,903)	26,667)	25,198)
Total liabilities and shareholders’ equity	24,346)	24,734)	18,842)	27,812)	35,312)	48,650)	55,952)	60,990)	61,171)	61,121)	61,637)	60,239)	63,350)	61,792)	60,737)	58,810)	57,217)	53,237)	52,051)	47,482)	46,529)	44,866)

Accounts payable: Accounts payable exhibited fluctuations over the periods, generally increasing from 906 million USD in March 2011 to a peak of 1616 million USD in December 2013. Subsequently, a declining trend was observed, reaching 544 million USD by June 2016.
Accrued operating expenses: Data was only available for the first three quarters of 2011, showing a decreasing trend from 191 million USD to 158 million USD.
Accrued exploration and development: Displayed a gradual decline in the first three quarters of 2011, moving from 1399 million USD to 1329 million USD. No data was available after this period.
Accrued compensation and benefits: Slowed increase from 131 million USD to 143 million USD in the first three quarters of 2011, with no subsequent data reported.
Accrued income taxes: Only data from the second and third quarters of 2011 was available, remaining stable around 266-267 million USD.
Current debt: Current debt demonstrated volatility, rising sharply from 30 million USD in March 2011 to a high of 990 million USD at the end of 2012, followed by sharp decreases and spikes, notably a significant increase to 2598 million USD in June 2015 before dropping again.
Derivative instruments: Derivative instruments fluctuated considerably, with high points of 491 million USD in March 2011, declining sharply to lows near 22 million USD in mid-2013, then rising again up to 299 million USD in December 2013, but discontinuing data afterward.
Other current liabilities: This item showed considerable variability, with a substantial spike to 3371 million USD in December 2011, followed by high amounts fluctuating around 2700 to 3300 million USD through 2013, before decreasing progressively to 1026 million USD by June 2016.
Current liabilities: Current liabilities followed a broadly rising pattern from 3957 million USD in March 2011, peaking at 5562 million USD in March 2013, then declining sharply to 1570 million USD in June 2016.
Long-term debt, excluding current maturities: Long-term debt showed an initial decreasing trend from 8130 million USD in March 2011 to 6785 million USD in September 2011, then increased steadily, reaching a peak of 12297 million USD in June 2013, before experiencing a decline and stabilization near 8700 to 11000 million USD through mid-2016.
Income taxes: Income taxes increased steadily from 4265 million USD in March 2011 to a peak of 9499 million USD in December 2014, followed by a sharp decline to 1072 million USD by December 2015, then slightly recovered to 2308 million USD in June 2016.
Asset retirement obligation: This liability rose gradually from 2482 million USD in March 2011 to 4278 million USD in June 2013, then declined to a low of approximately 2534 million USD by June 2015, with a slight rebound afterward.
Other: The "Other" liability category displayed a declining trend overall, decreasing from 834 million USD in March 2011 to values fluctuating between 320 and 447 million USD over subsequent years, eventually stabilizing around 330-360 million USD by mid-2016.
Deferred credits and other noncurrent liabilities: Deferred credits and other noncurrent liabilities increased steadily from 7581 million USD in March 2011 to a high of 13174 million USD in June 2013, then fell dramatically to below 4000 million USD by December 2015, with slight increases thereafter.
Noncurrent liabilities: Noncurrent liabilities rose from 15711 million USD in March 2011 to a peak of 25471 million USD in June 2013, then declined significantly to 12773 million USD by December 2015, followed by a modest recovery near 14080 million USD by June 2016.
Total liabilities: Total liabilities climbed from 19668 million USD in March 2011 to a peak of 30629 million USD in June 2013, then decreased sharply to 14614 million USD in December 2015, with a slight recovery to 15650 million USD by June 2016.
Preferred stock, no par value: Preferred stock remained constant at 1227 million USD through the early periods but fell to zero or disappeared from records after the first half of 2013.
Common stock, $0.625 par: Common stock value increased gradually from 240 million USD in March 2011 to 258 million USD by June 2016, suggesting slight equity issuances or adjustments over time.
Paid-in capital: Paid-in capital showed a consistent upward trend from 8928 million USD in March 2011 to a peak of approximately 12497 million USD during 2015, maintaining levels around 12400 million USD through June 2016.
Retained earnings (accumulated deficit): Retained earnings increased steadily from 15281 million USD in March 2011 to a peak near 22581 million USD in June 2014, then declined sharply, turning into a deficit by the end of 2015 (-7153 million USD), and moderately recovering to around -2596 million USD by June 2016.
Treasury stock, at cost: Treasury stock remained relatively stable and low in initial years, but from mid-2013 there was a sharp increase in treasury stock costs, peaking near -2890 million USD and staying within this negative range through June 2016.
Accumulated other comprehensive income (loss): This component fluctuated around minor negative values, with a slight improvement in mid-2011, but thereafter remaining consistently negative near -116 million USD and -119 million USD.
Total Apache shareholders’ equity: Shareholders’ equity showed growth from 25198 million USD in March 2011 to a high of 33396 million USD in December 2013, followed by a steep decline to 25937 million USD by December 2014 and a further sharp decrease reaching 7451 million USD in June 2016.
Noncontrolling interest: Data was only available from December 2013, showing a slight increase from 1997 million USD to about 2211 million USD in December 2014, then gradually declining to 1554 million USD by June 2016.
Total equity: Total equity followed the trend of shareholders’ equity, increasing from 25198 million USD in March 2011 to a peak of 35393 million USD in December 2013, then declining sharply to 11972 million USD in December 2015 and partially recovering to 8696 million USD by June 2016.
Total liabilities and shareholders’ equity: The total of liabilities and shareholders’ equity increased from 44866 million USD in March 2011 to over 63350 million USD in June 2013, before contracting sharply to 18842 million USD by December 2015, with a slight recovery to 24346 million USD by June 2016.

AI Ask an analyst for more

Download chart

Apache Corp. (NYSE:APA)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data