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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities    
Net (loss) income $ (17) $ 97
Adjustments to reconcile net (loss) income to net cash provided by operating activities    
Depreciation, depletion and amortization 737 642
Impairment charges 0 19
Deferred income tax (benefit) expense (14) 60
Loss on extinguishment of debt 41 17
Share-based compensation expense 14 12
Non-cash portion of exploration expense 10 15
Amortization of debt issuance costs 14 16
Other 0 1
Asset and liability changes    
Accounts receivable 45 5
Accounts payable (56) (7)
Derivative instruments 196 (16)
Accrued interest 49 52
Other asset changes 21 4
Other liability changes (1) (11)
Net cash provided by operating activities 1,039 906
Cash flows from investing activities    
Capital expenditures (1,203) (1,521)
Proceeds from the sale of assets, net of cash transferred 0 126
Cash paid for acquisitions, net of cash acquired (114) (154)
Net cash used in investing activities (1,317) (1,549)
Cash flows from financing activities    
Proceeds from issuance of long-term debt 1,777 1,835
Repayments of long-term debt (1,473) (1,895)
Proceeds from issuance of stock 0 669
Debt issuance costs (19) 0
Other (1) 0
Net cash provided by financing activities 284 609
Change in cash and cash equivalents 6 (34)
Cash and cash equivalents    
Beginning of period 22 51
End of period $ 28 $ 17