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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Statement of Cash Flows [Abstract]      
Net income (loss) $ 480 $ 1,096 $ (5,723)
Adjustments to reconcile net income to net cash provided by operating activities:      
Discontinued operations 0 0 (4,893)
Depreciation, depletion and amortization 2,397 2,441 2,372
Impairments 24 75 229
Exploratory dry well costs and unproved property impairments 114 255 323
Net (gain) loss on disposal of assets (50) (319) (58)
Loss on early extinguishment of debt 3 0 51
Deferred income taxes (34) 52 (61)
Net loss on derivative instruments 72 14 36
Net settlements of derivative instruments 52 (281) 45
Pension and other post retirement benefits, net (52) (65) (46)
Share-based Payment Arrangement, Noncash Expense 60 53 49
Equity method investments, net 18 45 20
Changes in:      
Current receivables 52 (133) (334)
Inventories 3 (1) 10
Current accounts payable and accrued liabilities (187) 179 297
Other current assets and liabilities (4) (22) 1
All other operating, net (199) (155) (116)
Net cash provided by continuing operations 2,749 3,234 1,988
Investing activities:      
Additions to property, plant and equipment (2,550) (2,753) (1,974)
Additions to other assets 36 (26) (25)
Acquisitions, net of cash acquired (293) (25) (1,891)
Disposal of assets, net of cash transferred to the buyer (76) 1,264 1,787
Equity method investments - return of capital 64 57 64
All other investing, net 1 13 (5)
Net cash used in investing activities (2,818) (1,470) (2,044)
Financing activities:      
Borrowings 600 0 988
Debt repayments (600) 0 (2,764)
Debt extinguishment costs (2) 0 (46)
Purchases of common stock (362) (713) (11)
Dividends paid (162) (169) (170)
All other financing, net (9) 23 0
Net cash provided by (used in) financing activities (535) (859) (2,003)
Net increase in cash and cash equivalents of discontinued operations (Note 5) 0 0 130
Effect of exchange rate on cash and cash equivalents 0 (2) 4
Net increase (decrease) in cash and cash equivalents (604) 903 (1,925)
Cash and cash equivalents 858 1,462 563
Cash and cash equivalents included in current assets held for sale $ 0 $ (4) $ 0