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Consolidated Balance Sheets (unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets    
Cash and Cash Equivalents $ 706 $ 1,387
Accounts Receivable, Net 847 964
Other Current Assets 358 420
Total Current Assets 1,911 2,771
Property, Plant and Equipment    
Oil and Gas Properties (Successful Efforts Method of Accounting) 21,023 19,496
Property, Plant and Equipment, Other 460 344
Total Property, Plant and Equipment, Gross 21,483 19,840
Accumulated Depreciation, Depletion and Amortization (6,730) (6,289)
Total Property, Plant and Equipment, Net 14,753 13,551
Goodwill 631 635
Other Noncurrent Assets 703 597
Total Assets 17,998 17,554
Current Liabilities    
Accounts Payable - Trade 1,370 1,508
Other Current Liabilities 1,123 1,024
Total Current Liabilities 2,493 2,532
Long-Term Debt 3,547 3,736
Deferred Income Taxes, Noncurrent 2,269 2,218
Other Noncurrent Liabilities 814 810
Total Liabilities 9,123 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; 399 Million and 397 Million Shares Issued, respectively 4 4
Additional Paid in Capital 3,383 3,302
Accumulated Other Comprehensive Loss (106) (113)
Treasury Stock, at Cost; 38 Million Shares (662) (648)
Retained Earnings 6,256 5,713
Total Shareholders’ Equity 8,875 8,258
Total Liabilities and Shareholders’ Equity $ 17,998 $ 17,554