XML 20 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Statement of Consolidated Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows From Operating Activities    
Net income (loss) $ (65) $ (296)
Adjustments to reconcile to net cash provided by (used in) operating activities    
(Gains) losses on asset sales, net (7) 0
Depreciation, depletion and amortization 417 737
Exploration lease and other impairment 10 7
Stock compensation expense 13 22
Non-cash (gains) losses on commodity derivatives, net 38 0
Provision (benefit) for deferred income taxes and other tax accruals (36) (27)
Loss on debt extinguishment 27 0
Changes in operating assets and liabilities    
(Increase) decrease in accounts receivable (11) 115
(Increase) decrease in inventories (7) (55)
Increase (decrease) in accounts payable and accrued liabilities (135) (115)
Increase (decrease) in taxes payable (1) 6
Changes in other operating assets and liabilities (33) (45)
Net cash provided by (used in) operating activities 210 349
Cash Flows From Investing Activities    
Additions to property, plant and equipment - E&P (363) (340)
Additions to property, plant and equipment - Midstream (37) (50)
Payments for Midstream equity investments (24) 0
Proceeds from asset sales 6 100
Other, net (4) 0
Net cash provided by (used in) investing activities (422) (290)
Cash Flows From Financing Activities    
Net borrowings (repayments) of debt with maturities of 90 days or less 0 5
Debt with maturities of greater than 90 days – Borrowings 0 0
Debt with maturities of greater than 90 days – Repayments (434) (26)
Common stock acquired and retired (371) 0
Cash dividends paid (89) (92)
Noncontrolling interests, net (12) 0
Other, net (3) 8
Net cash provided by (used in) financing activities (909) (105)
Net Increase (Decrease) in Cash and Cash Equivalents (1,121) (46)
Cash and Cash Equivalents at Beginning of Year 4,847 2,732
Cash and Cash Equivalents at End of Period $ 3,726 $ 2,686