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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOW FROM OPERATING ACTIVITIES    
Net (loss) income $ (1,999) $ 124
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation, depletion and amortization 296 357
Asset impairments 1,736 0
Net derivative (gain) loss from commodity contracts (75) 31
Net proceeds from settled commodity derivatives 105 68
Net gain on early extinguishment of debt (5) (108)
Amortization of deferred gain (39) (54)
Reorganization items, net (non-cash) (125) 0
Reorganization items, net (debtor-in-possession financing costs) 25 0
Dry hole expenses 0 7
Other non-cash charges to income, net 69 60
Changes in operating assets and liabilities, net 153 55
Net cash provided by operating activities 141 540
CASH FLOW FROM INVESTING ACTIVITIES    
Capital investments (37) (393)
Decreases in accrued capital investments (25) (49)
Asset divestitures 41 164
Acquisitions 0 (6)
Other (7) (7)
Net cash used in investing activities (28) (291)
CASH FLOW FROM FINANCING ACTIVITIES    
Proceeds from 2014 Revolving Credit Facility 797 1,749
Repayments of 2014 Revolving Credit Facility (1,315) (1,776)
Proceeds from debtor-in-possession facilities 782 0
Repayments of debtor-in-possession facilities (49) 0
Debtor-in-possession financing costs (25) 0
Debt repurchases (3) (149)
Debt transaction costs 0 (2)
2020 Senior Notes payment (100) 0
Contributions from noncontrolling interest holders, net 1 49
Distributions paid to noncontrolling interest holders (95) (115)
Issuance of common stock 0 3
Shares cancelled for taxes (1) (3)
Net cash used in financing activities (8) (244)
Increase in cash 105 5
Cash—beginning of period 17 17
Cash—end of period $ 122 $ 22