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STATEMENTS OF CONDENSED CONSOLIDATED CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 67,103 $ (2,947,474)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Deferred income tax benefit (14,229) (1,020,094)
Depreciation and depletion 1,269,936 1,200,280
Impairments of long-lived assets and gain on sale/exchange of long-lived assets 280,026 65,086
Loss (income) from investments 14,331 (66,861)
Loss on debt extinguishment 139,085 9,756
Share-based compensation expense 33,706 20,822
Amortization, accretion and other 63,687 17,897
Loss on derivatives 5,550,028 4,791,582
Net cash settlements paid on derivatives (4,672,998) (729,445)
Net premiums received (paid) on derivative instruments 13,809 (53,429)
Changes in other assets and liabilities:    
Accounts receivable (507,050) (404,442)
Accounts payable 343,925 276,509
Other current assets (27,960) (642,554)
Other items, net (151,641) (26,131)
Net cash provided by operating activities 2,401,758 491,502
Cash flows from investing activities:    
Capital expenditures (1,047,475) (706,938)
Deposit on acquisition (150,000) 0
Cash paid for acquisitions 0 (1,021,510)
Proceeds from sale/exchange of assets 5,394 0
Proceeds from sale of investment shares 189,249 0
Other investing activities (14,306) 13,590
Net cash used in investing activities (1,017,138) (1,714,858)
Cash flows from financing activities:    
Proceeds from credit facility borrowings 10,242,000 6,216,000
Repayment of credit facility borrowings (10,242,000) (5,812,000)
Proceeds from issuance of debt 0 1,000,000
Debt issuance costs (17,852) (19,713)
Repayment and retirement of debt (833,029) (146,005)
Premiums paid on debt extinguishment (135,248) (9,599)
Dividends paid (148,765) 0
Cash paid for taxes related to net settlement of share-based incentive awards (24,193) (3,805)
Proceeds from exercises under employee compensation plans 15,505 0
Repurchase and retirement of common stock (270,345) 0
Net contribution from noncontrolling interest 4,050 3,750
Other financing activities (1,165) (690)
Net cash (used in) provided by financing activities (1,411,042) 1,227,938
Net change in cash and cash equivalents (26,422) 4,582
Cash and cash equivalents at beginning of period 113,963 18,210
Cash and cash equivalents at end of period $ 87,541 $ 22,792