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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating activities:      
Net income $ 1,753 $ 1,582 $ 2,946
Adjustments to reconcile net income to net cash provided by operating activities:      
Discontinued operations (160) 31 (1,228)
Loss on early extinguishment of debt 0 0 279
Deferred income taxes (60) (224) (193)
Depreciation, depletion and amortization 2,790 2,477 2,263
Impairments 96 371 310
Pension and other postretirement benefits, net 45 (31) 64
Exploratory dry well costs and unproved property impairments 798 457 357
Net (gain) loss on disposal of assets 29 (127) (103)
Equity method investments, net 12 11 47
Changes in:      
Current receivables 277 (502) 9
Inventories (16) (32) 33
Current accounts payable and accrued liabilities (616) 71 489
All other operating, net 143 (48) 168
Net cash provided by continuing operations 5,091 4,036 5,441
Net cash provided by (used in) discontinued operations 179 (19) 1,083
Net cash provided by operating activities 5,270 4,017 6,524
Investing activities:      
Acquisitions, net of cash acquired (74) (1,033) (4,470)
Additions to property, plant and equipment (4,766) (4,593) (2,986)
Disposal of assets 450 467 518
Investments - return of capital 61 57 59
Investing activities of discontinued operations (227) (347) (802)
All other investing, net 35 10 14
Net cash used in investing activities (4,521) (5,439) (7,667)
Financing activities:      
Commercial paper, net (65) 200 0
Borrowings 0 1,997 0
Debt issuance costs 0 (21) 0
Debt repayments (182) (145) (2,877)
Purchases of common stock (500) 0 (300)
Dividends paid (508) (480) (567)
Financing activities of discontinued operations 0 0 2,916
Distribution in spin-off 0 0 (1,622)
All other financing, net 93 49 155
Net cash provided by (used in) financing activities (1,162) 1,600 (2,295)
Effect of exchange rate changes on cash (7) 13 (20)
Net increase (decrease) in cash and cash equivalents (420) 191 (3,458)
Cash and cash equivalents at beginning of period 684 493 3,951
Cash and cash equivalents at end of period $ 264 $ 684 $ 493