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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income (loss) $ 632 $ 1,369
Adjustments to reconcile net income to net cash flows from operating activities:    
Loss contingency for Macondo well incident 1,000 300
Depreciation, depletion, and amortization 922 791
Other changes:    
Receivables (613) (602)
Payment of Barracuda-Caratinga obligation (219) 0
Accounts payable 227 289
Inventories (154) (724)
Other 324 288
Total cash flows from operating activities 1,471 1,135
Cash flows from investing activities:    
Capital expenditures (1,396) (1,651)
Sales of investment securities 232 200
Purchases of investment securities (110) (100)
Other investing activities 83 34
Total cash flows from investing activities (1,191) (1,517)
Cash flows from financing activities:    
Payments to reacquire common stock (1,015) 0
Dividends to shareholders (231) (167)
Other financing activities (83) 25
Total cash flows from financing activities (1,329) (142)
Effect of exchange rate changes on cash (23) (2)
Increase (decrease) in cash and equivalents (1,072) (526)
Cash and equivalents at beginning of period 2,484 2,698
Cash and equivalents at end of period 1,412 2,172
Cash payments during the period for:    
Interest 146 146
Income taxes $ 390 $ 897