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Cash Flow Disclosures (Tables)
6 Months Ended
Jun. 30, 2015
Nature of Business and Interim Financial Statements [Abstract]  
Cash Flow Activities

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

(Thousands of dollars)

2015

 

2014

Net (increase) decrease in operating working capital other than
   cash and cash equivalents:

 

 

 

 

Decrease (increase) in accounts receivable

$

284,542 

 

(53,133)

Decrease (increase) in inventories

 

(25,547)

 

5,574 

Increase in prepaid expenses

 

(40,191)

 

(41,191)

Decrease in deferred income tax assets

 

5,092 

 

1,895 

Increase (decrease) in accounts payable and accrued liabilities

 

(84,781)

 

55,729 

Increase (decrease) in current income tax liabilities

 

(31,944)

 

79,575 

Total

$

107,171 

 

48,449 

Supplementary disclosures (including discontinued operations):

 

 

 

 

Cash income taxes paid, net of refunds

$

90,419 

 

234,071 

Interest paid, net of amounts capitalized

 

55,658 

 

41,922 

Non-cash investing activities, related to continuing operations:

 

 

 

 

Asset retirement costs capitalized

$

6,703 

 

12,985 

Decrease in capital expenditure accrual

 

336,952 

 

96,479