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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Statement of Cash Flows [Abstract]      
Net income (loss) $ (5,723) $ (2,140) $ (2,204)
Adjustments to reconcile net income to net cash provided by operating activities:      
Discontinued operations 4,893 53 503
Depreciation, depletion and amortization 2,372 2,156 2,721
Impairments 229 67 721
Exploratory dry well costs and unproved property impairments 323 220 867
Net (gain) loss on disposal of assets (58) (389) (120)
Deferred income taxes (61) 828 (804)
Gain (Loss) on Sale of Derivatives (11) 63 (126)
Net cash received (paid) in settlement of derivative instruments 98 61 55
Share-based Compensation 50 48 45
Equity method investments, net 20 17 33
Changes in:      
Current receivables (334) 67 790
Inventories 10 64 25
Current accounts payable and accrued liabilities 297 (137) (906)
All other operating, net (117) (77) (63)
Net cash provided by continuing operations 1,988 901 1,537
Investing activities:      
Additions to property, plant and equipment (1,974) (1,204) (3,485)
Acquisitions, net of cash acquired (1,891) (902) 0
Disposal of assets 1,787 1,219 225
Investments - return of capital 64 55 77
Payments to Acquire Investments 0 0 (925)
Proceeds from Sale, Maturity and Collection of Investments 0 0 925
All other investing, net (30) (1) 24
Net cash used in investing activities (2,044) (833) (3,159)
Financing activities:      
Borrowings 988 0 1,996
Debt repayments (2,764) (1) (1,069)
Payment for Debt Extinguishment or Debt Prepayment Cost (46) 0 0
Proceeds from Issuance of Common Stock 0 1,236 0
Purchases of common stock (11) (6) (11)
Dividends paid (170) (162) (460)
All other financing, net 0 1 (5)
Net cash provided by (used in) financing activities (2,003) 1,068 451
Cash Provided by (Used in) Operating Activities, Discontinued Operations 141 177 39
Investing activities of discontinued operations (13) (41) (43)
Change in cash included in current assets held for sale 2 100 90
Net cash provided by discontinued operations 130 236 86
Effect of Exchange Rate on Cash and Cash Equivalents, Continuing Operations 4 (3) (3)
Net increase (decrease) in cash and cash equivalents (1,925) 1,369 (1,088)
Cash and cash equivalents at beginning of period 2,488 1,119 2,207
Cash and cash equivalents at end of period $ 563 $ 2,488 $ 1,119