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Consolidated Balance Sheets (unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and Cash Equivalents $ 1,305 $ 1,387
Accounts Receivable, Net 776 964
Other Current Assets 370 420
Total Current Assets 2,451 2,771
Property, Plant and Equipment    
Oil and Gas Properties (Successful Efforts Method of Accounting) 20,015 19,496
Property, Plant and Equipment, Other 346 344
Total Property, Plant and Equipment, Gross 20,361 19,840
Accumulated Depreciation, Depletion and Amortization (6,366) (6,289)
Total Property, Plant and Equipment, Net 13,995 13,551
Goodwill 632 635
Other Noncurrent Assets 632 597
Total Assets 17,710 17,554
Current Liabilities    
Accounts Payable - Trade 1,388 1,508
Other Current Liabilities 986 1,024
Total Current Liabilities 2,374 2,532
Long-Term Debt 3,723 3,736
Deferred Income Taxes, Noncurrent 2,249 2,218
Other Noncurrent Liabilities 850 810
Total Liabilities 9,196 9,296
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 per share; 500 Million Shares Authorized; 199 Million and 198 Million Shares Issued, respectively 2 2
Additional Paid in Capital 3,353 3,304
Accumulated Other Comprehensive Loss (109) (113)
Treasury Stock, at Cost; 19 Million Shares (662) (648)
Retained Earnings 5,930 5,713
Total Shareholders’ Equity 8,514 8,258
Total Liabilities and Shareholders’ Equity $ 17,710 $ 17,554