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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income (loss) $ (432) $ 98
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization expense 384 365
Asset impairment loss 611 0
Noncash interest expense and other income, net 7 7
Stock-based compensation expense 10 12
Deferred income tax expense (benefit) 61 (44)
Changes in current assets and current liabilities 1,063 1,603
Changes in deferred charges and credits and other operating activities, net 0 17
Net cash provided by operating activities 1,704 2,058
Cash flows from investing activities:    
Capital expenditures (726) (438)
Deferred turnaround and catalyst costs (158) (299)
Advance payment related to acquisition of Pembroke Refinery 0 (37)
Other investing activities, net 10 (9)
Net cash used in investing activities (874) (783)
Non-bank debt:    
Repayments 0 (510)
Accounts receivable sales program:    
Repayments (150) 0
Purchase of common stock for treasury (106) 0
Proceeds from the exercise of stock options 9 21
Common stock dividends (83) (28)
Contributions from noncontrolling interest 11 0
Other financing activities, net 0 5
Net cash used in financing activities (319) (512)
Effect of foreign exchange rate changes on cash 24 36
Net increase in cash and temporary cash investments 535 799
Cash and temporary cash investments at beginning of period 1,024 3,334
Cash and temporary cash investments at end of period $ 1,559 $ 4,133