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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES    
Net income $ 812,189 $ 986,630 [1]
Adjustments to reconcile net income to net cash provided by operating activities:    
Income from discontinued operations (10,534) (139,206) [1]
Depreciation, depletion and amortization 972,663 783,531 [1]
Amortization of deferred major repair costs 16,876 17,357 [1]
Expenditures for asset retirements (22,949) (15,171) [1]
Dry hole costs 89,645 118,585 [1]
Amortization of undeveloped leases 107,151 90,623 [1]
Accretion of asset retirement obligations 29,052 26,162 [1]
Deferred and noncurrent income tax charges 155,616 110,670 [1]
Pretax gain from disposition of assets (94) (23,192) [1]
Net increase in noncash operating working capital (217,240) (305,221) [1]
Other operating activities, net 120,862 36,121 [1]
Net cash provided by continuing operations 2,053,237 1,686,889 [1]
Net cash provided by discontinued operations 47,990 189,858 [1]
Net cash provided by operating activities 2,101,227 1,876,747 [1]
INVESTING ACTIVITIES    
Property additions and dry hole costs (2,232,067) (1,845,000) [1]
Proceeds from sales of assets 388 27,629 [1]
Purchase of investment securities (1,360,746) [2] (1,233,321) [1],[2]
Proceeds from maturity of investment securities 1,401,235 [2] 1,356,175 [1],[2]
Expenditures for major repairs (11,367) (2,826) [1]
Investing activities of discontinued operations:    
Sales proceeds 0 403,833 [1]
Other (36,524) (58,534) [1]
Other - net 8,898 7,150 [1]
Net cash required by investing activities (2,230,183) (1,344,894) [1]
FINANCING ACTIVITIES    
Borrowings of notes payable 934,899 384,970 [1]
Maturities of notes payable (350,000) 0 [1]
Proceeds from exercise of stock options and employee stock purchase plans 11,138 8,245 [1]
Excess tax benefits related to exercise of stock options 1,957 4,119 [1]
Withholding tax on stock-based incentive awards (3,522) (8,014) [1]
Issue cost of notes payable and debt facility (4,285) (8,619) [1]
Cash dividends paid (167,520) (159,529) [1]
Net cash provided by financing activities 422,667 221,172 [1]
Effect of exchange rate changes on cash and cash equivalents 9,110 (9,869) [1]
Net increase in cash and cash equivalents 302,821 743,156 [1]
Cash and cash equivalents, beginning 513,873 535,825 [1]
Cash and cash equivalents, ending $ 816,694 $ 1,278,981 [1]
[1] Reclassified to conform to current presentation.
[2] Investments are Canadian government securities with maturities greater than 90 days at the date of acquisition.