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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net earnings (loss) $ 1,078 $ (1,458) [1] $ (13,645) [1]
Adjustments to reconcile net earnings (loss) to net cash from operating activities:      
Depreciation, depletion and amortization 2,074 2,096 [1] 4,022 [1]
Exploratory dry hole expense and unproved leasehold impairments 219 113 [1] 248 [1]
Asset impairments 17 1,310 [1] 17,647 [1]
Gains and losses on asset sales (217) (1,483) [1] 7 [1]
Deferred income tax expense (benefit) (294) 41 [1] (5,976) [1]
Commodity derivatives (157) 201 [1] (503) [1]
Cash settlements on commodity derivatives 53 1 [1] 2,416 [1]
Other derivatives and financial instruments 23 185 [1] (235) [1]
Cash settlements on other derivatives and financial instruments (6) (143) [1] 272 [1]
Asset retirement obligation accretion 62 75 [1] 75 [1]
Share-based compensation 198 233 [1] 244 [1]
Other (122) 270 [1] 312 [1]
Net change in working capital 21 24 [1] (265) [1]
Change in long-term other assets (46) 36 [1] 285 [1]
Change in long-term other liabilities 6 (1) [1] (6) [1]
Net cash from operating activities 2,909 1,500 [1] 4,898 [1]
Cash flows from investing activities:      
Capital expenditures (2,759) (2,047) [1] (4,787) [1]
Acquisitions of property, equipment and businesses (46) (1,641) [1] (1,107) [1]
Divestitures of property and equipment 417 3,113 [1] 107 [1]
Proceeds from sale of investment 190    
Other (12) (19) [1] (16) [1]
Net cash from investing activities (2,210) (594) [1] (5,803) [1]
Cash flows from financing activities:      
Borrowings of long-term debt, net of issuance costs 2,376 2,145 [1] 4,772 [1]
Repayments of long-term debt (2,118) (4,409) [1] (2,634) [1]
Payment of installment payable (250)    
Net short-term debt repayments [1]   (626) (307)
Early retirement of debt (6) (265) [1]  
Issuance of common stock [1]   1,469  
Sale of subsidiary units [1]     654
Issuance of subsidiary units 501 892 [1] 25 [1]
Dividends paid on common stock (127) (221) [1] (396) [1]
Contributions from noncontrolling interests 57 168 [1] 16 [1]
Distributions to noncontrolling interests (354) (304) [1] (254) [1]
Shares exchanged for tax withholdings (68) (35) [1] (51) [1]
Other (2) (10) [1] (13) [1]
Net cash from financing activities 9 (1,196) [1] 1,812 [1]
Effect of exchange rate changes on cash 6 (61) [1] (77) [1]
Net change in cash and cash equivalents 714 (351) [1] 830 [1]
Cash and cash equivalents at beginning of period [1] 1,959 2,310 1,480
Cash and cash equivalents at end of period $ 2,673 $ 1,959 [1] $ 2,310 [1]
[1] Prior year amounts have been recast due to change in accounting principle. See Note 2 in “Item 8. Financial Statements and Supplementary Data” of this report.