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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOW FROM OPERATING ACTIVITIES    
Net (loss) income $ (127) $ 356
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation, depletion and amortization 412 422
Deferred income tax benefit   (78)
Net derivative (gains) losses (51) 157
Net proceeds on settled derivatives 15 86
Net gains on early extinguishment of debt (4) (793)
Amortization of deferred gain (55) (53)
Gains on asset divestitures (21) (31)
Other non-cash charges to income, net 46 84
Dry hole expenses 1  
Changes in operating assets and liabilities, net 9 (5)
Net cash provided by operating activities 225 145
CASH FLOW FROM INVESTING ACTIVITIES    
Capital investments (232) (45)
Changes in capital investment accruals 26 (5)
Asset divestitures 33 19
Other (1)  
Net cash used by investing activities (174) (31)
CASH FLOW FROM FINANCING ACTIVITIES    
Proceeds from 2014 Revolving Credit Facility 1,000 1,761
Repayments of 2014 Revolving Credit Facility (1,010) (1,728)
Proceeds from 2016 Credit Agreement   990
Payments on 2014 Term Loan (91) (329)
Debt repurchases (24) (770)
Debt transaction costs (2) (44)
Contribution from noncontrolling interest, net 98  
Distributions paid to noncontrolling interest holders (6)  
Employee stock purchases and other 2 4
Shares cancelled for taxes (2)  
Net cash used by financing activities (35) (116)
Increase (decrease) in cash and cash equivalents 16 (2)
Cash and cash equivalents-beginning of period 12 12
Cash and cash equivalents-end of period $ 28 $ 10