Income Taxes Receivable

      
  
EOG RESOURCES, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In Millions, Except Share Data)(Unaudited)

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
|  | September 30,2022 |  | December 31,2021 |
| ASSETS |
| Current Assets |  |  |  |
| Cash and Cash Equivalents | $ | 5,272  |  |  | $ | 5,209  |  |
| Accounts Receivable, Net | 3,343  |  |  | 2,335  |  |
| Inventories | 872  |  |  | 584  |  |
| Income Taxes Receivable | 93  |  |  | —  |  |
| Other | 621  |  |  | 456  |  |
| Total | 10,201  |  |  | 8,584  |  |
| Property, Plant and Equipment |   |  |   |
| Oil and Gas Properties (Successful Efforts Method) | 67,065  |  |  | 67,644  |  |
| Other Property, Plant and Equipment | 4,659  |  |  | 4,753  |  |
| Total Property, Plant and Equipment | 71,724  |  |  | 72,397  |  |
| Less:  Accumulated Depreciation, Depletion and Amortization | (42,623) |  |  | (43,971) |  |
| Total Property, Plant and Equipment, Net | 29,101  |  |  | 28,426  |  |
| Deferred Income Taxes | 18  |  |  | 11  |  |
| Other Assets | 1,167  |  |  | 1,215  |  |
| Total Assets | $ | 40,487  |  |  | $ | 38,236  |  |
| LIABILITIES AND STOCKHOLDERS' EQUITY |
| Current Liabilities |   |  |   |
| Accounts Payable | $ | 2,718  |  |  | $ | 2,242  |  |
| Accrued Taxes Payable | 542  |  |  | 518  |  |
| Dividends Payable | 437  |  |  | 436  |  |
| Liabilities from Price Risk Management Activities | 243  |  |  | 269  |  |
| Current Portion of Long-Term Debt | 1,282  |  |  | 37  |  |
| Current Portion of Operating Lease Liabilities | 235  |  |  | 240  |  |
| Other | 289  |  |  | 300  |  |
| Total | 5,746  |  |  | 4,042  |  |
|  |  |  |  |
| Long-Term Debt | 3,802  |  |  | 5,072  |  |
| Other Liabilities | 2,573  |  |  | 2,193  |  |
| Deferred Income Taxes | 4,517  |  |  | 4,749  |  |
| Commitments and Contingencies (Note 8) |  |  |  |
|  |  |  |  |
| Stockholders' Equity |   |  |   |
|  Common Stock, $0.01 Par, 1,280,000,000 Shares Authorized and 587,891,710 Shares Issued at September 30, 2022 and 585,521,512 Shares Issued at December 31, 2021 | 206  |  |  | 206  |  |
| Additional Paid in Capital | 6,155  |  |  | 6,087  |  |
| Accumulated Other Comprehensive Loss | (6) |  |  | (12) |  |
| Retained Earnings | 17,563  |  |  | 15,919  |  |
|  Common Stock Held in Treasury, 646,861 Shares at September 30, 2022 and 257,268 Shares at December 31, 2021 | (69) |  |  | (20) |  |
| Total Stockholders' Equity | 23,849  |  |  | 22,180  |  |
| Total Liabilities and Stockholders' Equity | $ | 40,487  |  |  | $ | 38,236  |  |

  
The accompanying notes are an integral part of these condensed consolidated financial statements.-4-
