XML 24 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income (loss) $ (5,769) $ (667) $ 3,501
Adjustments to reconcile net income (loss) to cash flows from operating activities:      
Impairments and other charges 3,357 2,177 129
Depreciation, depletion and amortization 1,503 1,835 2,126
Deferred income tax benefit, continuing operations (1,501) (224) (454)
Cash impact of impairments and other charges - severance payments (273) (304) (28)
Payment related to the Macondo well incident (33) (333) (569)
Changes in assets and liabilities:      
Receivables 899 1,468 (1,381)
Inventories 552 153 (271)
Accounts payable (219) (603) 489
Other (219) (596) 520
Total cash flows provided by (used in) operating activities (1,703) 2,906 4,062
Cash flows from investing activities:      
Capital expenditures (798) (2,184) (3,283)
Proceeds from sales of property, plant, and equipment 222 168 338
Payments to acquire businesses, net of cash acquired (31) (39) (231)
Other investing activities (103) (137) 38
Total cash flows used in investing activities (710) (2,192) (3,138)
Cash flows from financing activities:      
Payments on long-term borrowings (3,171) (8) (4)
Dividends to shareholders (620) (614) (533)
Proceeds from issuance of common stock 186 167 332
Proceeds from issuance of long-term debt, net 74 7,440 0
Payments to reacquire common stock 0 0 (800)
Other financing activities (9) 96 (25)
Total cash flows provided by (used in) financing activities (3,540) 7,081 (1,030)
Effect of exchange rate changes on cash (115) (9) 41
Increase (decrease) in cash and equivalents (6,068) 7,786 (65)
Cash and equivalents at beginning of year 10,077 2,291 2,356
Cash and equivalents at end of year 4,009 10,077 2,291
Cash payments (receipts) during the period for:      
Interest 659 380 384
Income taxes $ (20) $ 370 $ 1,269