XML 19 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities:    
Net income (loss) $ (407) $ (276)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Deferred income taxes (320) (179)
Depreciation, depletion and amortization 609 821
Impairments 1 0
Pension and other postretirement benefits, net 14 (7)
Exploratory dry well costs and unproved property impairments 11 67
Net (gain) loss on disposal of assets 60 (1)
Equity method investments, net 30 3
Changes in:    
Current receivables, changes in 133 388
Inventories, changes in 7 (22)
Current accounts payable and accrued liabilities, changes in (121) (469)
All other operating, net 57 (16)
Net Cash Provided by (Used in) Continuing Operations 74 309
Investing activities:    
Additions to property, plant and equipment (454) (1,452)
Disposal of assets 17 2
Investments - return of capital 14 10
All other investing, net 2 (2)
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (421) (1,442)
Financing activities:    
Proceeds from Issuance of Common Stock 1,232 0
Dividends paid (34) (142)
All other financing, net 0 4
Net Cash Provided by (Used in) Financing Activities, Continuing Operations 1,198 (138)
Effect of Exchange Rate on Cash and Cash Equivalents, Continuing Operations 0 (1)
Net increase (decrease) in cash and cash equivalents 851 (1,272)
Cash and cash equivalents at beginning of period 1,221 2,398
Cash and cash equivalents at end of period $ 2,072 $ 1,126