RANGE RESOURCES CORPORATION RRC Balance Sheet

Range resources corporation (RRC)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
Assets
Current assets:
Cash and cash equivalents
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	122	0	51	288	1	2	2	166	286	0	0	2	0
Accounts receivable, less allowance for doubtful accounts of $9,527 and $8,784
188	272	249	289	356	490	397	362	294	348	285	261	246	241	183	81	104	123	110	115	134	188	172	183	221	179	151	159	152	167	120	104	108	127	86	66	75	88	97	101	113	80	97	99	162
Assets of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	16	856	877	-	-	-	43	-	-	-
Derivative assets
257	136	137	142	6	87	0	-	12	58	30	80	30	13	158	43	261	281	289	237	358	363	44	5	0	4	55	97	23	137	131	251	216	173	136	53	62	123	153	83	121	21	78	169	221
Other current assets
21	17	-	-	-	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	39	40	51	2	-	12	0	-	-	-	-	-	6	1	-	0	0	0	8	-	-	0
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	165	-	-	-	-	-	-	-	-	-	-	-	18	-	-	-	-
Inventory and other
-	-	25	26	25	-	24	21	30	21	21	18	20	26	36	20	25	33	23	20	17	17	16	18	17	12	12	16	16	22	18	15	14	14	13	11	18	21	23	21	21	20	20	22	19
Total current assets
467	427	412	459	388	602	422	384	337	429	337	360	297	281	379	145	391	439	423	373	510	570	236	247	279	248	222	273	370	327	270	372	462	315	290	443	1,015	1,113	276	373	560	175	197	293	404
Derivative assets
6	0	19	20	8	4	1	3	10	0	0	16	15	0	21	0	5	7	44	31	71	40	17	4	15	9	18	30	4	15	20	97	67	77	47	11	-	0	46	26	29	4	0	0	5
Goodwill
-	-	-	-	-	-	1,641	1,641	1,641	1,641	1,641	1,646	1,654	1,654	1,630	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	123	129	127	132	129	132	135	135	137	138	136	139	142	155	152	150	147	146	151	150	147
Natural gas and oil properties, successful efforts method
10,261	10,213	12,339	13,032	13,300	13,085	13,643	13,666	13,457	13,216	13,061	12,843	12,551	12,386	12,200	9,005	8,965	8,996	10,656	10,966	10,687	10,567	10,102	9,732	9,309	9,032	8,667	8,369	8,128	8,111	8,000	7,596	7,161	6,784	6,420	5,999	5,669	5,390	6,748	6,522	6,122	4,716	6,300	6,161	6,028
Accumulated depletion and depreciation
4,271	4,172	4,044	3,911	4,194	4,062	3,929	3,961	3,807	3,649	3,492	3,338	3,191	3,129	2,994	2,864	2,748	2,635	2,871	2,725	2,581	2,590	2,472	2,336	2,397	2,274	2,160	2,035	1,944	2,015	1,942	1,825	1,721	1,626	1,573	1,447	1,373	1,306	1,553	1,466	1,380	1,164	1,429	1,337	1,186
Natural gas and oil properties, successful efforts method, net
5,989	6,041	8,295	9,120	9,105	9,023	9,714	9,705	9,650	9,566	9,568	9,505	9,359	9,256	9,206	6,140	6,216	6,361	7,784	8,240	8,105	7,977	7,630	7,395	6,912	6,758	6,507	6,333	6,183	6,096	6,058	5,771	5,439	5,157	4,846	4,552	4,296	4,084	5,195	5,055	4,742	3,551	4,871	4,824	4,842
Other property and equipment
82	102	102	111	112	111	112	114	114	114	114	114	114	112	114	111	110	110	128	128	127	127	125	123	120	118	117	116	116	117	117	117	120	123	121	121	121	134	137	135	133	159	164	157	142
Accumulated depreciation and amortization
77	96	95	104	103	102	101	101	101	99	98	98	97	95	96	94	92	90	98	95	92	90	87	84	87	85	82	80	78	76	73	70	70	70	67	64	61	60	58	54	52	68	69	65	56
Other Property and equipment, net
5	5	6	7	8	9	11	13	13	14	15	16	16	16	18	16	17	19	29	32	34	37	38	38	32	32	34	36	38	41	44	46	50	52	54	57	59	74	78	80	81	91	94	91	86
Operating lease right-of-use assets
56	62	47	48	49	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,347	-	-	-
Other assets
64	75	72	71	74	68	76	78	77	76	74	75	77	72	71	76	73	72	115	127	121	78	112	114	118	121	120	124	139	115	128	120	119	104	101	104	100	84	87	76	80	79	81	75	66
Total assets
6,589	6,612	8,854	9,728	9,635	9,708	11,866	11,826	11,730	11,728	11,637	11,621	11,421	11,282	11,327	6,380	6,705	6,900	8,397	8,805	8,844	8,704	8,034	7,800	7,482	7,299	7,030	6,930	6,866	6,728	6,657	6,543	6,277	5,845	5,476	5,309	5,615	5,511	5,837	5,762	5,642	5,395	5,396	5,435	5,551
Liabilities
Current liabilities:
Accounts payable
163	155	163	193	215	227	225	248	314	343	317	286	299	229	124	92	133	117	147	206	278	396	266	291	273	258	251	303	363	234	318	266	300	311	299	246	245	289	232	254	214	191	135	131	250
Asset retirement obligations
2	2	5	5	5	5	6	6	6	6	7	7	7	7	15	15	15	15	17	17	17	15	5	5	5	5	2	2	2	2	5	5	5	5	4	4	4	4	2	2	2	2	2	2	2
Liabilities held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities
290	356	351	371	399	475	386	341	282	317	277	256	231	265	294	179	160	188	172	162	170	187	171	158	164	161	159	133	175	139	133	144	125	109	59	53	44	71	66	60	56	48	59	54	47
Accrued interest
33	39	35	41	37	41	37	42	36	43	37	41	36	35	21	32	28	30	31	45	22	39	23	41	32	44	31	44	38	36	47	38	34	29	33	29	39	32	39	23	37	24	37	23	20
Derivative liabilities
-	13	1	1	13	4	97	101	38	44	32	4	55	165	7	20	0	1	0	-	1	0	-	62	72	26	7	-	19	4	4	3	4	-	0	0	0	0	1	2	10	14	9	2	0
Liabilities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	19	16	34	-	-	-	33	-	-	-
Deferred tax liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	95	73	121	-	-	-	-	-	-	21	-	37	37	82	84	56	9	0	-	11	36	7	17	0	2	23	32
Total current liabilities
490	566	557	613	670	754	753	740	678	755	671	596	631	702	462	339	338	351	465	506	611	639	466	558	548	495	453	504	607	455	545	540	554	511	406	352	350	443	378	351	337	314	246	237	353
Bank debt
545	464	318	885	884	932	1,257	1,304	1,180	1,208	1,082	949	841	876	930	-	23	86	987	364	912	713	649	480	594	500	427	309	47	739	461	235	0	187	0	0	480	274	165	475	354	324	398	403	693
Senior notes
2,592	2,659	2,766	2,858	2,857	2,856	2,855	2,853	2,852	2,851	2,850	2,850	2,849	2,848	2,847	738	738	738	750	750	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Senior subordinated notes
48	48	48	48	48	48	48	48	48	48	48	48	48	48	48	1,828	1,827	1,826	1,850	2,350	2,350	2,317	2,350	2,350	2,640	2,640	2,640	2,639	2,889	2,139	2,388	2,388	2,388	1,787	1,787	1,787	1,686	1,686	1,686	1,384	1,384	1,383	1,383	1,383	1,097
Deferred tax liabilities
210	160	661	712	672	666	731	707	736	693	1,042	1,114	1,055	943	1,176	606	735	777	843	999	1,014	1,113	-948	-894	-778	771	-759	-735	-683	-698	-656	-698	-685	-710	-714	-685	-646	-672	842	839	832	-776	759	773	779
Derivative liabilities
6	0	0	1	2	3	11	10	3	9	16	0	1	24	3	19	1	0	0	0	-	0	-	7	0	0	0	-	8	3	8	2	3	0	0	4	30	13	0	0	0	0	5	2	0
Liabilities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2	3	-	-	-	4	-	-	-
Deferred compensation liabilities
46	64	58	62	75	67	86	87	101	101	91	96	110	119	119	127	115	104	117	156	173	178	197	240	235	247	207	207	222	187	198	170	165	169	165	159	169	134	116	113	127	135	132	109	93
Operating lease liabilities
36	41	40	39	41	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset retirement obligations and other liabilities
137	259	244	323	319	319	303	310	293	286	296	301	301	310	277	255	254	254	299	297	294	284	253	249	235	229	151	148	150	148	116	91	87	86	77	76	66	59	73	72	70	78	85	84	83
Total liabilities
4,115	4,264	4,696	5,546	5,572	5,648	6,048	6,062	5,895	5,954	6,100	5,959	5,839	5,873	5,866	3,915	4,033	4,140	5,313	5,424	5,355	5,247	4,865	4,780	5,033	4,884	4,639	4,544	4,609	4,371	4,375	4,127	3,884	3,453	-	-	-	3,287	-	-	-	3,017	-	-	-
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	-	-
Stockholders’ Equity
Preferred stock, $1 par, 10,000,000 shares authorized, none issued and outstanding
0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.01 par, 475,000,000 shares authorized, 255,684,829 issued at March 31, 2020 and 251,438,936 issued at December 31, 2019
2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Common stock held in treasury, 9,807,327 shares at March 31, 2020 and 1,808,133 shares at December 31, 2019
29	7	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	2	2	2	2	3	3	3	3	3	3	3	3	4	4	5	6	6	6	6	7	7	7	7	7	7	8	8	8
Additional paid-in capital
5,664	5,659	5,653	5,644	5,635	5,628	5,617	5,607	5,593	5,577	5,555	5,547	5,533	5,524	5,512	2,470	2,449	2,442	2,439	2,428	2,411	2,400	2,389	2,378	1,969	1,959	1,944	1,934	1,924	1,915	1,903	1,888	1,871	1,866	1,858	1,848	1,835	1,820	1,815	1,809	1,805	1,772	1,743	1,729	1,695
Accumulated other comprehensive loss
-0	-0	-0	-0	-0	-0	-1	-1	-1	-1	-	-	-	0	-	-	-	-	-	-	-	-	-0	1	4	6	19	36	56	83	67	157	200	156	86	45	43	67	99	42	58	6	19	54	77
Retained deficit
-3,161	-3,306	-1,496	-1,463	-1,574	-1,570	198	155	240	195	-20	112	47	-117	-52	-5	222	317	646	953	1,079	1,058	781	641	476	450	428	416	278	360	314	374	325	373	383	355	310	341	665	680	677	606	629	665	685
Total stockholders’ equity
2,474	2,347	4,158	4,182	4,062	4,059	5,817	5,764	5,834	5,774	5,537	5,661	5,582	5,408	5,460	2,464	2,671	2,759	3,084	3,381	3,489	3,457	3,168	3,020	2,449	2,414	2,391	2,385	2,257	2,357	2,281	2,416	2,393	2,392	2,323	2,244	2,183	2,223	2,575	2,526	2,534	2,378	2,385	2,442	2,451
Total liabilities and stockholders’ equity
6,589	6,612	8,854	9,728	9,635	9,708	11,866	11,826	11,730	11,728	11,637	11,621	11,421	11,282	11,327	6,380	6,705	6,900	8,397	8,805	8,844	8,704	8,034	7,800	7,482	7,299	7,030	6,930	6,866	6,728	6,657	6,543	6,277	5,845	5,476	5,309	5,615	5,511	5,837	5,762	5,642	5,395	5,396	5,435	5,551