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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities    
Net (loss) income including noncontrolling interest $ (1,099,710) $ 1,307,713
Adjustments to reconcile net (loss) income to net cash provided by continuing operations activities:    
Loss (income) from discontinued operations 6,907 (1,027,632)
Depreciation, depletion and amortization 769,151 819,270
Previously suspended exploration costs 8,255 12,901
Amortization of undeveloped leases 21,951 21,680
Accretion of asset retirement obligations 31,213 29,824
Impairment of assets 1,206,284 0
Noncash restructuring expense 17,565 0
Deferred income tax (benefit) expense (231,748) 50,597
Mark to market (gain) loss on contingent consideration (29,476) 512
Mark to market (gain) loss on crude contracts (104,463) (100,076)
Long-term non-cash compensation 35,200 60,567
Net decrease (increase) in noncash operating working capital (26,261) 40,257
Other operating activities, net (26,837) (62,386)
Net cash provided by continuing operations activities 578,031 1,153,227
Investing Activities    
Property additions and dry hole costs (648,725) (995,509)
Property additions for King's Quay FPS (74,936) (13,637)
Acquisition of oil and gas properties 0 (1,212,949)
Proceeds from sales of property, plant and equipment 0 19,072
Net cash required by investing activities (723,661) (2,203,023)
Financing Activities    
Borrowings on revolving credit facility 450,000 1,575,000
Repayment of revolving credit facility (250,000) (1,900,000)
Cash dividends paid (76,790) (125,437)
Distributions to noncontrolling interest (43,673) (97,510)
Early retirement of debt (12,225) 0
Withholding tax on stock-based incentive awards (7,094) (6,991)
Debt issuance, net of cost (613) 0
Capital lease obligation payments (514) (510)
Repurchase of common stock 0 (405,938)
Net cash (required) provided by financing activities 59,091 (961,386)
Cash Flows from Discontinued Operations    
Operating activities [1] (1,202) 74,361
Investing activities [1] 4,494 1,985,202
Financing activities [1] 0 (4,914)
Net cash provided by discontinued operations [1] 3,292 2,054,649
Cash transferred from discontinued operations to continuing operations 0 2,083,565
Effect of Exchange Rate on Cash and Cash Equivalents [Abstract]    
Effect of exchange rate changes on cash and cash equivalents (585) 2,593
Net increase (decrease) in cash and cash equivalents (87,124) 74,976
Cash and cash equivalents at beginning of period 306,760 359,923
Cash and cash equivalents at end of period $ 219,636 $ 434,899
[1] Net cash provided by discontinued operations is not part of the cash flow reconciliation. See Notes to Consolidated Financial Statements, page 7.