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Statements of Condensed Consolidated Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 388,923$ 154,587
Adjustments to reconcile net income to cash provided by operating activities:  
Depreciation, depletion and amortization247,627195,644
Deferred income taxes190,33099,205
Gain on dispositions(202,928) 
Equity award expense15,11810,290
Other income(27,948)(8,551)
Provision for losses on accounts receivable(176)2,917
Unrealized (gains) losses on derivative financial instruments(3,905)(4,702)
Changes in operating assets and liabilities:  
Accounts receivable and unbilled revenues66,95290,183
Inventory46715,589
Accounts payable37,535(57,402)
Derivative instruments at fair value, net3,884(9,294)
Federal income tax carryback refund 121,463
Other assets and liabilities(2,544)11,118
Net cash provided by operating activities713,335621,047
Cash flows from investing activities:  
Additions to property, plant and equipment(892,557)(863,011)
Dividend from Nora Gathering, LLC23,500 
Proceeds from sale of available-for-sale securities29,947 
Proceeds from dispositions619,999 
Investment in available-for-sale-securities (750)
Net cash used in investing activities(219,111)(863,761)
Cash flows from financing activities:  
Dividends paid(98,709)(94,438)
Proceeds from issuance of common stock 537,239
Decrease in short-term loans(53,650)(5,000)
Repayments of long-term debt(9,457) 
Proceeds from exercises under employee compensation plans2,5042,280
Net cash (used in) provided by financing activities(159,312)440,081
Net increase in cash and cash equivalents334,912197,367
Cash and cash equivalents at beginning of period 0
Cash and cash equivalents at end of period334,912197,367
Cash paid (received) during the period for:  
Interest, net of amount capitalized76,93480,703
Income taxes, net of refunds$ 35,628$ (124,124)