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Statement of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss including noncontrolling interest $ (571) $ (2,103)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Loss from discontinued operations 0 118
Gain on divestitures (16) (209)
Exploratory dry hole expense and unproved leasehold impairments 139 385
Depreciation, depletion, and amortization 1,347 1,620
Asset retirement obligation accretion 76 72
Impairments 173 2,424
Provision (benefit) from deferred income taxes (226) (1,318)
Other 91 26
Changes in operating assets and liabilities:    
Receivables 237 333
Inventories 1 74
Drilling advances (30) 118
Deferred charges and other (65) (81)
Accounts payable (118) (410)
Accrued expenses (57) 505
Deferred credits and noncurrent liabilities 2 69
NET CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES 983 1,623
NET CASH PROVIDED BY DISCONTINUED OPERATIONS 0 159
NET CASH PROVIDED BY OPERATING ACTIVITIES 983 1,782
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to oil and gas property (925) (2,783)
Leasehold and property acquisitions (118) (128)
Additions to gas gathering, transmission, and processing facilities 0 (94)
Proceeds from sale of Kitimat LNG 0 854
Proceeds from sale of other oil and gas properties 48 119
Other, net 29 (67)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES (966) (2,099)
NET CASH PROVIDED BY DISCONTINUED OPERATIONS 0 4,372
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (966) 2,273
CASH FLOWS FROM FINANCING ACTIVITIES:    
Commercial paper and bank credit facilities, net 0 (1,570)
Distributions to noncontrolling interest (93) (40)
Dividends paid (189) (189)
Other (1) 15
NET CASH USED IN FINANCING ACTIVITIES (283) (1,784)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (266) 2,271
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 1,467 679
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,201 2,950
SUPPLEMENTARY CASH FLOW DATA:    
Interest paid, net of capitalized interest 206 218
Income taxes paid, net of refunds $ 201 $ 278