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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:        
Net earnings (loss) $ (335) $ 245 $ (488) $ 562
Adjustments to reconcile net earnings to net cash from operating activities:        
Earnings from discontinued operations, net of tax (139) (33) (197) (42)
Depreciation, depletion and amortization 420 369 819 769
Asset impairments 154   154  
Leasehold impairments 53 22 61 64
Accretion on discounted liabilities 15 15 31 32
Total (gains) losses on commodity derivatives 497 (126) 538 (358)
Cash settlements on commodity derivatives (131) 11 (120) 19
(Gains) losses on asset dispositions 23 (22) 11 (30)
Deferred income tax expense (benefit) 20 (17) (18) (32)
Share-based compensation 58 45 96 81
Early retirement of debt     312  
Total (gains) losses on foreign exchange 31 (49) 81 (64)
Settlements of intercompany foreign denominated assets/liabilities (244) 1 (243) 10
Other (20) 23 (50) 11
Changes in assets and liabilities, net (133) 102 (108) 133
Net cash from operating activities - continuing operations 269 586 879 1,155
Cash flows from investing activities:        
Capital expenditures (602) (434) (1,253) (831)
Acquisitions of property and equipment (10) (13) (16) (33)
Divestitures of property and equipment 560 75 607 107
Net cash from investing activities - continuing operations (52) (372) (662) (757)
Cash flows from financing activities:        
Repayments of long-term debt principal     (807)  
Early retirement of debt     (304)  
Repurchases of common stock (428)   (499)  
Dividends paid on common stock (42) (33) (74) (65)
Shares exchanged for tax withholdings (6) (3) (44) (56)
Net cash from financing activities - continuing operations (476) (36) (1,728) (121)
Effect of exchange rate changes on cash:        
Settlements of intercompany foreign denominated assets/liabilities 244 (1) 243 (10)
Other (17) 9 (31) 10
Total effect of exchange rate changes on cash - continuing operations 227 8 212  
Net change in cash, cash equivalents and restricted cash of continuing operations (32) 186 (1,299) 277
Cash flows from discontinued operations:        
Operating activities 236 151 430 328
Investing activities (222) (215) (402) (284)
Financing activities 73 128 112 89
Net change in cash, cash equivalents and restricted cash of discontinued operations 87 64 140 133
Net change in cash, cash equivalents and restricted cash 55 250 (1,159) 410
Cash, cash equivalents and restricted cash at beginning of period 1,470 2,119 2,684 1,959
Cash, cash equivalents and restricted cash at end of period 1,525 2,369 1,525 2,369
Reconciliation of cash, cash equivalents and restricted cash:        
Cash and cash equivalents 1,460 2,358 1,460 2,358
Restricted cash included in other current assets 28   28  
Cash and cash equivalents included in current assets held for sale 37 11 37 11
Cash, cash equivalents and restricted cash at end of period $ 1,525 $ 2,369 $ 1,525 $ 2,369