Shares authorized (in shares)

[Table of Contents](#i31241139a24240ee889881d54ce4b5f1_7)Diamondback Energy, Inc. and SubsidiariesCondensed Consolidated Balance Sheets - (Continued)(Unaudited)

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | June 30, |  | December 31, |  |
|  | 2022 |  | 2021 |  |
| Liabilities and Stockholders’ Equity | (In millions, except par values and share data) |  |
|  |  |  |  |  |
| Current liabilities: |  |  |  |  |
| Accounts payable - trade | $ | 62  |  |  | $ | 36  |  |  |
|  |  |  |  |  |
| Accrued capital expenditures | 323  |  |  | 295  |  |  |
| Current maturities of long-term debt | 55  |  |  | 45  |  |  |
| Other accrued liabilities | 420  |  |  | 419  |  |  |
| Revenues and royalties payable | 615  |  |  | 452  |  |  |
| Derivative instruments | 162  |  |  | 174  |  |  |
| Deferred income taxes | 3  |  |  | 17  |  |  |
|  |  |  |  |  |
| Total current liabilities | 1,640  |  |  | 1,438  |  |  |
| Long-term debt | 5,401  |  |  | 6,642  |  |  |
| Derivative instruments | 123  |  |  | 29  |  |  |
| Asset retirement obligations | 260  |  |  | 166  |  |  |
| Deferred income taxes | 1,600  |  |  | 1,338  |  |  |
| Other long-term liabilities | 34  |  |  | 40  |  |  |
| Total liabilities | 9,058  |  |  | 9,653  |  |  |
| Commitments and contingencies (Note 14) |  |  |  |  |
| Stockholders’ equity: |  |  |  |  |
| Common stock, $0.01 par value; 400,000,000 shares authorized; 175,201,453 and 177,551,347 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively | 2  |  |  | 2  |  |  |
| Additional paid-in capital | 13,772  |  |  | 14,084  |  |  |
| Retained earnings (accumulated deficit) | (458) |  |  | (1,998) |  |  |
|  |  |  |  |  |
| Total Diamondback Energy, Inc. stockholders’ equity | 13,316  |  |  | 12,088  |  |  |
| Non-controlling interest | 1,074  |  |  | 1,157  |  |  |
| Total equity | 14,390  |  |  | 13,245  |  |  |
| Total liabilities and equity | $ | 23,448  |  |  | $ | 22,898  |  |  |

  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
See accompanying notes to condensed consolidated financial statements.2
