XML 27 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities:      
Net income (loss) $ 411,778,000 $ (711,777,000) $ (1,716,297,000)
Adjustments to reconcile net income (loss) to net cash provided from operating activities      
Deferred income tax benefit (17,727,000) (25,029,000) (506,438,000)
Depletion, depreciation and amortization and impairment of proved properties 364,555,000 473,285,000 1,644,477,000
Exploration dry hole costs 0 888,000 (11,000)
Abandonment and impairment of unproved properties 7,206,000 19,334,000 1,235,342,000
Derivative fair value loss (income) 650,216,000 (187,711,000) (226,681,000)
Cash settlements on derivative financial instruments (520,013,000) (322,629,000) (188,384,000)
Divestiture contract obligation 20,340,000 499,934,000
Allowance for bad debt 200,000 400,000 4,341,000
Amortization of deferred financing costs and other 8,347,000 6,919,000 6,455,000
Deferred and stock-based compensation 110,356,000 48,552,000 24,891,000
(Gain) loss on the sale of assets (701,000) (110,791,000) 30,256,000
Loss (gain) on early extinguishment of debt 98,000 (14,068,000) (5,415,000)
Changes in working capital:      
Accounts receivable (250,538,000) 24,539,000 214,196,000
Prepaid and other (1,140,000) 1,010,000 4,520,000
Accounts payable 39,231,000 (32,686,000) (60,374,000)
Accrued liabilities and other (29,260,000) (46,748,000) (155,803,000)
Net cash provided from operating activities 792,948,000 268,680,000 681,843,000
Investing activities:      
Additions to natural gas and oil properties (393,478,000) (405,617,000) (687,277,000)
Additions to field service assets (1,231,000) (2,873,000) (1,162,000)
Acreage purchases (23,962,000) (26,816,000) (59,986,000)
Proceeds from disposal of assets 303,000 246,127,000 784,937,000
Purchases of marketable securities held by the deferred compensation plan (30,806,000) (17,076,000) (19,039,000)
Proceeds from the sales of marketable securities held by the deferred compensation plan 31,295,000 22,173,000 22,005,000
Net cash (used in) provided from investing activities (417,879,000) (184,082,000) 39,478,000
Financing activities:      
Borrowings on credit facilities 1,434,000,000 2,076,000,000 2,311,000,000
Repayments on credit facilities (2,136,000,000) (1,851,000,000) (2,777,000,000)
Issuance of senior notes 600,000,000 850,000,000
Repayment of senior or senior subordinated notes (63,324,000) (1,120,634,000) (195,432,000)
Dividends paid 0 (20,070,000)
Treasury stock purchases 0 (22,992,000) (6,908,000)
Debt issuance costs (8,854,000) (13,608,000) (4,446,000)
Taxes paid for shares withheld (9,299,000) (3,324,000) (3,384,000)
Change in cash overdrafts 16,493,000 176,000 (25,747,000)
Proceeds from the sales of common stock held by the deferred compensation plan 5,879,000 696,000 667,000
Net cash used in financing activities (161,105,000) (84,686,000) (721,320,000)
(Decrease) increase in cash and cash equivalents 213,964,000 (88,000) 1,000
Cash and cash equivalents at beginning of year 458,000 546,000 545,000
Cash and cash equivalents at end of year $ 214,422,000 $ 458,000 $ 546,000