Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating activities:
Net income	$ 297	$ 417
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and amortization	524	520
Exploratory dry well costs and unproved property impairments	6	14
Net gain on disposal of assets	0	(5)
Deferred income taxes	43	85
Unrealized (gain) loss on derivative instruments, net	24	(2)
Pension and other post retirement benefits, net	(3)	(7)
Stock-based compensation	11	10
Equity method investments, net	(39)	(80)
Changes in:
Current receivables	(120)	(86)
Inventories	6	(12)
Current accounts payable and accrued liabilities	12	30
Other current assets and liabilities	(2)	(9)
All other operating, net	(2)	(10)
Net cash provided by operating activities	757	865
Investing activities:
Capital expenditures	(603)	(601)
Change in capital accrual	117	69
Acquisitions, net of cash acquired	(4)	11
Disposal of assets, net of cash transferred to the buyer	0	(1)
All other investing, net	1	0
Net cash used in investing activities	(489)	(522)
Financing activities:
Borrowings	1,200	0
Debt repayments	(1,200)	(70)
Proceeds from revolving credit facility	50	175
Repayments of revolving credit facility	(43)	(175)
Shares repurchased under buyback programs	(285)	(334)
Dividends paid	(64)	(63)
Withholding tax on stock-based incentive awards	(18)	(30)
All other financing, net	(14)	(2)
Net cash used in financing activities	(374)	(499)
Net decrease in cash and cash equivalents	(106)	(156)
Cash and cash equivalents at beginning of period	155	334
Cash and cash equivalents at end of period	$ 49	$ 178