XML 30 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities:      
Net (loss) income $ (1,746,481,000) $ 333,146,000 $ (521,388,000)
Adjustments to reconcile net (loss) income to net cash provided from operating activities:      
Deferred income tax benefit (30,489,000) (251,043,000) (280,848,000)
Depletion, depreciation and amortization and impairment of proved properties 658,081,000 688,671,000 567,142,000
Impairment of goodwill 1,641,197,000 0 0
Exploration dry hole and impairment costs 4,000 9,172,000 18,000
Abandonment and impairment of unproved properties 514,994,000 269,725,000 30,076,000
Derivative fair value loss (income) 51,192,000 (213,350,000) 261,391,000
Cash settlements on derivative financial instruments (131,522,000) 13,117,000 347,336,000
Allowance for bad debt (1,000,000) 1,550,000 800,000
Amortization of deferred financing costs, loss on extinguishment of debt and other 2,515,000 5,445,000 7,170,000
Deferred and stock-based compensation 29,757,000 30,706,000 74,685,000
Loss (gain) on the sale of assets 10,666,000 (23,716,000) 7,074,000
Changes in working capital:      
Accounts receivable (142,381,000) (102,866,000) (20,586,000)
Inventory and other 138,000 (2,979,000) 6,220,000
Accounts payable (4,274,000) 45,912,000 (27,259,000)
Accrued liabilities and other 138,293,000 12,764,000 (64,763,000)
Net cash provided from operating activities 990,690,000 816,254,000 387,068,000
Investing activities:      
Additions to natural gas and oil properties (960,916,000) (1,148,613,000) (466,252,000)
Additions to field service assets (1,477,000) (5,710,000) (3,052,000)
Acreage purchases (60,603,000) (58,213,000) (43,482,000)
MRD Merger, net of cash acquired 0 0 7,180,000
Proceeds from disposal of assets 324,549,000 72,468,000 193,755,000
Purchases of marketable securities held by the deferred compensation plan (46,177,000) (88,167,000) (37,019,000)
Proceeds from the sales of marketable securities held by the deferred compensation plan 49,190,000 89,178,000 40,035,000
Net cash used in investing activities (695,434,000) (1,139,057,000) (308,835,000)
Financing activities:      
Borrowings on credit facilities 2,070,000,000 2,041,000,000 2,274,000,000
Repayments on credit facilities (2,338,000,000) (1,712,000,000) (1,487,000,000)
Repayment of senior or senior subordinated notes 0 (500,000) (273,012,000)
Dividends paid (19,940,000) (19,839,000) (16,682,000)
Debt issuance costs (8,220,000) (403,000) (6,342,000)
Taxes paid for shares withheld (3,183,000) (6,983,000) (3,849,000)
Change in cash overdrafts (5,563,000) 17,180,000 18,393,000
Proceeds from the sales of common stock held by the deferred compensation plan 9,747,000 4,482,000 13,102,000
Net cash (used in) provided from financing activities (295,159,000) 322,937,000 (78,390,000)
Increase (decrease) in cash and cash equivalents 97,000 134,000 (157,000)
Cash and cash equivalents at beginning of year 448,000 314,000 471,000
Cash and cash equivalents at end of year 545,000 448,000 314,000
MRD      
Adjustments to reconcile net (loss) income to net cash provided from operating activities:      
Abandonment and impairment of unproved properties 436,000,000    
Financing activities:      
Repayments on credit facilities $ 0 $ 0 $ (597,000,000)