SM ENERGY CO SM Balance Sheet

Sm energy co (SM)

Balance Sheet / TTM

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	Dec'09
ASSETS
Current assets:
Cash and cash equivalents
0	0	0	0	0	77	176	615	643	313	441	559	659	9	980	0	0	0	0	0	0	0	0	163	236	282	0	0	0	5	0	0	0	119	29	101	191	5	7	10	10
Accounts Receivable, after Allowance for Credit Loss, Current
143	184	146	165	145	167	179	178	192	160	146	105	108	151	140	143	111	134	171	239	270	322	304	312	307	318	278	291	255	254	235	209	224	210	183	173	146	163	121	108	116
Derivative Asset, Current
463	55	143	114	67	175	81	146	77	64	63	85	73	54	109	145	281	367	347	269	380	402	41	3	7	21	43	58	23	37	41	69	67	55	54	28	33	43	56	45	30
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	12	11	10	10	13	9	8	5	5	4	4	5	7	8	8	-	-	4
Refundable income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	3	3	3	2	2	5	0	3	4	8	1	23	32
Prepaid expenses and other
17	12	21	8	8	8	15	14	9	10	17	18	8	8	15	14	12	17	19	16	18	19	16	15	14	14	10	30	28	30	39	46	44	68	30	32	18	45	12	14	14
Total current assets
625	252	311	288	221	429	453	955	923	549	668	769	849	224	1,246	304	405	518	537	525	669	745	371	506	577	647	345	395	320	340	325	334	343	463	304	346	403	274	198	201	209
Property and equipment (successful efforts method):
Land
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Proved oil and gas properties
8,043	8,934	8,143	7,974	7,578	7,278	6,686	6,372	5,824	6,139	5,938	5,631	4,803	5,700	5,406	7,249	6,994	7,606	7,468	7,356	7,006	7,348	6,789	6,151	5,875	5,637	5,414	5,922	5,670	5,401	5,197	4,869	4,657	4,378	4,070	3,799	3,553	3,389	3,137	3,066	2,797
Accumulated depletion, depreciation, and amortization
4,389	4,177	3,953	3,774	3,586	3,417	3,240	3,041	2,893	3,171	3,243	3,117	2,589	2,836	2,668	3,606	3,385	3,481	3,240	3,073	2,865	3,233	3,045	2,883	2,722	2,583	2,418	2,737	2,564	2,376	2,190	2,034	1,888	1,766	1,635	1,532	1,427	1,326	1,234	1,203	1,053
Unproved oil and gas properties
972	1,005	1,434	1,445	1,529	1,581	1,892	1,917	1,986	2,047	2,321	2,418	2,483	2,471	177	222	231	284	381	419	512	532	536	388	287	271	263	234	173	175	160	122	130	120	107	89	92	94	79	138	132
Wells in progress
224	118	325	257	345	295	328	361	405	321	287	286	186	235	201	415	466	387	452	419	459	503	637	495	277	279	301	290	296	273	264	274	213	273	329	245	183	145	129	97	65
Properties held for sale, net
-	-	0	0	0	-	5	5	234	111	7	18	455	372	1,109	173	152	0	29	7	184	17	19	23	42	19	400	87	33	33	19	60	42	0	105	130	122	86	114	7	145
Materials inventory, at lower of cost or market
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	14	14	13	12	12	14	16	14	15	18	22	27	31	24
Other property and equipment, net of accumulated depreciation of $64,815 and $64,032, respectively
36	72	79	81	86	93	102	102	112	106	106	108	110	137	137	146	144	153	359	354	344	334	276	258	243	236	203	176	156	153	135	120	106	71	47	61	45	21	19	15	14
Total property and equipment, net
4,888	5,953	6,029	5,985	5,954	5,831	5,776	5,718	5,669	5,554	5,417	5,346	5,450	6,081	4,364	4,601	4,603	4,950	5,451	5,485	5,643	5,503	5,215	4,434	4,004	3,859	4,181	3,989	3,781	3,677	3,601	3,426	3,278	3,096	3,042	2,811	2,590	2,434	2,274	2,153	2,127
Noncurrent assets:
Derivative Asset, Noncurrent
44	20	38	30	27	58	8	31	35	40	60	82	84	67	107	113	160	120	147	131	204	189	22	1	13	30	28	28	8	16	22	44	30	31	39	10	12	18	29	30	8
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	-	-	-	-	-	-	-	0	5	23	96	94	94	106	86	93	109	114	124	-	-	-	0	-	19	-
Other noncurrent assets
56	65	74	87	83	33	35	31	32	32	32	14	15	19	18	25	36	31	77	71	83	44	51	56	69	70	86	82	75	78	80	84	78	83	69	51	47	16	16	12	16
Total noncurrent assets
101	85	112	117	110	92	44	62	67	72	92	96	100	87	174	138	197	152	225	202	287	234	73	62	106	197	209	205	191	181	196	238	223	239	109	62	59	35	46	62	24
Total assets
5,615	6,292	6,453	6,391	6,286	6,352	6,273	6,736	6,659	6,176	6,178	6,212	6,399	6,393	5,785	5,044	5,207	5,621	6,213	6,213	6,600	6,483	5,660	5,004	4,689	4,705	4,736	4,590	4,292	4,199	4,123	3,999	3,845	3,798	3,456	3,219	3,053	2,744	2,518	2,417	2,360
Other property and equipment, accumulated depreciation
64	64	64	62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable and accrued expenses
359	402	431	407	426	403	429	446	468	386	348	311	299	299	277	257	293	302	361	423	561	640	664	592	443	606	601	577	480	525	474	460	413	456	400	413	375	417	316	270	236
Current portion of Senior Notes, net of unamortized deferred financing costs (note 5)
-	-	-	-	-	-	-	342	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative Liability, Current
8	50	37	70	95	62	304	259	181	172	87	36	53	115	51	63	8	0	2	8	-	0	4	92	60	26	22	4	22	8	19	9	50	42	21	70	114	82	53	37	53
Deferred tax liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	120	90	135	142	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	1	4	-
Other current liabilities
15	19	21	25	23	0	-	-	-	-	-	-	-	-	-	-	1	-	0	0	0	1	0	0	11	6	6	6	7	6	-	-	-	6	-	-	-	-	-	-	-
Deposit associated with oil and gas properties held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	6	7	-	2	-	-	2	-	-	6
Total current liabilities
383	472	491	503	545	466	733	1,047	649	559	436	347	353	415	328	320	303	302	485	522	696	784	669	684	515	639	629	588	510	541	499	475	471	505	423	483	489	502	371	312	296
Noncurrent liabilities:
Revolving credit facility
72	122	129	118	46	0	0	0	0	0	0	0	0	0	0	330	293	202	184	122	416	166	390	0	0	0	28	28	430	340	228	61	24	0	0	-	-	48	2	-	188
Senior Notes, net of unamortized deferred financing costs
2,413	2,453	2,451	2,450	2,449	2,448	2,447	2,429	2,770	2,769	2,768	2,767	2,765	2,766	2,765	2,272	2,271	2,315	2,350	2,350	2,200	2,166	1,600	1,600	1,600	1,600	-	-	-	1,100	-	-	-	-	350	350	350	-	-	-	-
Senior Convertible Notes, net of unamortized discount and deferred financing costs
159	157	154	152	150	147	145	143	141	139	137	134	132	130	128	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	287	285	282	280	277	275	273	271	266
Asset retirement obligations
85	84	95	95	94	91	88	87	85	103	100	100	83	96	66	108	105	137	118	115	108	120	123	117	115	118	101	118	115	112	90	89	87	87	73	72	70	69	64	64	60
6.625% Senior Notes Due 2019
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	350	350	350	-	350	350	350	350	-	-	-	0	-	-	-
6.50% Senior Notes Due 2021
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	350	350	350	-	350	350	350	350	-	-	-	0	-	-	-
6.50% Senior Notes Due 2023
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	400	400	-	400	400	-	0	-	-	-	-	-	-	-
5.0% Senior Notes Due 2024
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	500	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
93	189	217	190	176	223	140	177	178	79	208	245	304	315	453	472	563	758	833	859	865	891	846	725	688	650	639	598	548	537	573	596	583	568	609	496	425	443	422	408	308
Asset retirement obligations associated with oil and gas properties held for sale
-	-	-	-	-	-	0	0	23	11	0	0	16	26	46	32	33	0	-	-	14	-	0	2	4	-	25	4	4	1	0	1	1	1	0	0	0	2	3	1	18
Net Profits Plan liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	9	6	-	13	18	22	27	41	48	55	56	72	71	76	78	90	89	111	107	108	133	147	135	140	136	170
Derivative Liability, Noncurrent
7	3	6	12	13	12	72	67	53	71	67	69	81	98	104	104	78	0	2	1	0	0	8	52	7	4	6	1	12	6	8	0	25	12	3	38	64	32	25	24	65
Other noncurrent liabilities
58	61	63	67	68	42	45	45	45	48	47	45	47	47	42	44	43	52	40	36	39	39	28	26	25	28	47	52	57	66	57	57	61	67	17	16	15	17	14	15	13
Total noncurrent liabilities
2,889	3,071	3,118	3,086	2,998	2,966	2,940	2,951	3,298	3,222	3,330	3,363	3,430	3,481	3,608	3,374	3,395	3,466	3,541	3,503	3,668	3,411	3,039	2,573	2,498	2,459	2,520	2,475	2,345	2,243	2,149	1,996	1,883	1,830	1,445	1,387	1,351	1,023	945	921	1,090
Commitments and contingencies (note 6)
-	-	-	-	-	-	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:
Stockholders’ equity:
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 112,988,682 and 112,987,952 shares, respectively
1	1	1	1	1	1	1	1	1	1	1	1	1	1	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
Additional paid-in capital
1,797	1,791	1,784	1,779	1,771	1,765	1,758	1,754	1,747	1,741	1,734	1,729	1,723	1,716	866	321	312	305	298	299	289	283	273	273	264	257	247	254	242	233	222	234	222	216	223	215	206	191	183	174	160
Treasury stock, at cost: zero and 22,412, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	1	1	1	1	1	1	1	1	0	0	0	0	1
Retained earnings
554	967	1,069	1,033	982	1,165	856	997	980	665	691	786	906	794	994	1,040	1,208	1,559	1,899	1,900	1,957	2,013	1,682	1,476	1,416	1,354	1,347	1,280	1,203	1,190	1,257	1,299	1,274	1,251	1,371	1,144	1,020	1,042	1,004	992	851
Accumulated other comprehensive loss
-11	-11	-11	-11	-12	-12	-16	-16	-16	-13	-15	-14	-15	-14	-14	-13	-13	-13	-12	-12	-11	-11	-4	-5	-5	-5	-7	-8	-8	-9	-5	-5	-5	-4	-6	-10	-14	-15	14	15	-37
Total stockholders equity
2,341	2,748	2,843	2,801	2,743	2,920	2,599	2,736	2,712	2,394	2,412	2,501	2,615	2,497	1,847	1,348	1,508	1,852	2,186	2,188	2,236	2,286	1,951	1,745	1,675	1,606	1,586	1,526	1,436	1,414	1,474	1,527	1,490	1,462	1,587	1,349	1,212	1,218	1,202	1,182	973
Total liabilities and stockholders’ equity
5,615	6,292	6,453	6,391	6,286	6,352	6,273	6,736	6,659	6,176	6,178	6,212	6,399	6,393	5,785	5,044	5,207	5,621	6,213	6,213	6,600	6,483	5,660	5,004	4,689	4,705	4,736	4,590	4,292	4,199	4,123	3,999	3,845	3,798	3,456	3,219	3,053	2,744	2,518	2,417	2,360
Common Stock, Par or Stated Value Per Share
0.01	0.01	0.01	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares Authorized
200	200	200	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares, Issued
112	112	112	112	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares, Outstanding
112	112	112	112	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-