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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net earnings (loss) $ 216 $ (1,815)
Adjustments to reconcile net earnings (loss) to net cash from operating activities:    
Net loss from discontinued operations, net of income taxes   125
Depreciation, depletion and amortization 467 401
Asset impairments   2,666
Leasehold impairments 1 110
(Amortization) accretion of liabilities (54) 8
Total (gains) losses on commodity derivatives 528 (720)
Cash settlements on commodity derivatives (232) 101
Gains on asset dispositions (32)  
Deferred income tax benefit (243) (311)
Share-based compensation 41 20
Early retirement of debt 27  
Changes in assets and liabilities, net (127) (56)
Net cash from operating activities - continuing operations 592 529
Cash flows from investing activities:    
Capital expenditures (499) (425)
Acquisitions of property and equipment   (4)
Divestitures of property and equipment 15 25
WPX acquired cash 344  
Distributions from equity method investments 10  
Net cash from investing activities - continuing operations (130) (404)
Cash flows from financing activities:    
Repayments of long-term debt (533)  
Early retirement of debt (27)  
Repurchases of common stock   (38)
Dividends paid on common stock (203) (34)
Contributions from noncontrolling interests   5
Distributions to noncontrolling interests (4) (3)
Acquisition of noncontrolling interests (24)  
Shares exchanged for tax withholdings (33) (17)
Net cash from financing activities - continuing operations (824) (87)
Effect of exchange rate changes on cash - continuing operations 3  
Net change in cash, cash equivalents and restricted cash of continuing operations (359) 38
Cash flows from discontinued operations:    
Operating activities 0 (131)
Investing activities 0 (1)
Financing activities 0 0
Effect of exchange rate changes on cash 0 (23)
Net change in cash, cash equivalents and restricted cash of discontinued operations 0 (155)
Net change in cash, cash equivalents and restricted cash (359) (117)
Cash, cash equivalents and restricted cash at beginning of period 2,237 1,844
Cash, cash equivalents and restricted cash at end of period 1,878 1,727
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 1,683 1,527
Restricted cash 195 200
Cash, cash equivalents and restricted cash at end of period $ 1,878 $ 1,727