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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 287,097 $ 219,492
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 368,920 283,669
Asset retirement obligation 6,868 5,283
Deferred income taxes 169,503 129,792
Stock compensation 7,272 7,112
(Gain) loss on derivative instruments 18,189 (12,057)
Settlements on derivative instruments (5,804) 1,765
Changes in non-current assets and liabilities (2,436) 5,790
Other, net 2,395 (2,116)
Changes in operating assets and liabilities:    
Receivables, net (81,702) (55,060)
Other current assets (19,182) 14,840
Accounts payable and accrued liabilities 18,649 (28,724)
Net cash provided by operating activities 769,769 569,786
Cash flows from investing activities:    
Oil and gas expenditures (1,138,539) (776,138)
Sales of oil and gas assets 1,123 14,407
Sales of other assets 251 31,157
Other expenditures (51,401) (25,475)
Net cash used by investing activities (1,188,566) (756,049)
Cash flows from financing activities:    
Net bank debt borrowings (174,000) 142,000
Proceeds from other long-term debt 750,000  
Financing costs incurred (11,218)  
Dividends paid (26,022) (22,448)
Issuance of common stock and other 4,061 1,705
Net cash provided by financing activities 542,821 121,257
Net change in cash and cash equivalents 124,024 (65,006)
Cash and cash equivalents at beginning of period 4,531 69,538
Cash and cash equivalents at end of period $ 128,555 $ 4,532