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Consolidated Balance Sheets (unaudited) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current Assets    
Cash and Cash Equivalents $ 1,617 $ 1,455
Accounts Receivable, Net 686 783
Other Current Assets 422 180
Total Current Assets 2,725 2,418
Property, Plant and Equipment    
Oil and Gas Properties (Successful Efforts Method of Accounting) 18,422 19,057
Property, Plant and Equipment, Other 335 294
Total Property, Plant and Equipment, Gross 18,757 19,351
Accumulated Depreciation, Depletion and Amortization (5,882) (6,569)
Total Property, Plant and Equipment, Net 12,875 12,782
Goodwill 635 696
Other Noncurrent Assets 625 548
Total Assets 16,860 16,444
Current Liabilities    
Accounts Payable - Trade 1,243 1,343
Other Current Liabilities 1,014 925
Total Current Liabilities 2,257 2,268
Long-Term Debt 3,747 4,100
Deferred Income Taxes, Noncurrent 2,157 2,059
Other Noncurrent Liabilities 691 752
Total Liabilities 8,852 9,179
Commitments and Contingencies      
Shareholders' Equity    
Preferred Stock - Par Value $1.00 per share; 4 Million Shares Authorized, None Issued 0 0
Common Stock - Par Value $0.01 and $3.33 1/3 per share; 500 Million and 250 Million Shares Authorized; 198 Million and 197 Million Shares Issued, Respectively 2 656
Additional Paid in Capital 3,244 2,497
Accumulated Other Comprehensive Loss (94) (100)
Treasury Stock, at Cost; 19 Million Shares (651) (638)
Retained Earnings 5,507 4,850
Total Shareholders' Equity 8,008 7,265
Total Liabilities and Shareholders' Equity $ 16,860 $ 16,444