Additional Financial Statement Information (Tables)

12 Months Ended

Dec. 31, 2013

Additional statements of operations information is as follows:



	Year Ended December 31,
(millions)	2013			2012		2011
Other Revenues ⁽¹⁾	—			—		32
Production Expense
Lease Operating Expense	$	530		$	431	$	346
Production and Ad Valorem Taxes	188			151		146
Transportation Expense	132			91		66
Total	$	850		$	673	$	558
Other Operating Expense, Net
Deepwater Gulf of Mexico Moratorium Expense ⁽²⁾	$	—		$	—	$	18
Electricity Generation Expense ⁽¹⁾	—			—		26
Other, Net	43			25		42
Total	$	43		$	25	$	86
Other Non-Operating (Income) Expense, Net
Deferred Compensation Expense ⁽³⁾	$	26		$	6	$	8
Other (Income) Expense, Net	(5		)	—		1
Total	$	21		$	6	$	9


⁽¹⁾	Other revenues consist primarily of electricity sales from the Machala power plant, located in Machala, Ecuador, through May 2011. Electricity generation expense includes all operating and non-operating expenses associated with the plant, including depreciation and changes in the allowance for doubtful accounts. In May 2011, we transferred our assets in Ecuador to the Ecuadorian government.


⁽²⁾	Amounts relate to rig stand-by expense incurred due to the deepwater Gulf of Mexico drilling moratorium.


⁽³⁾	Amounts represent increases in the fair value of shares of our common stock held in a rabbi trust.

Additional balance sheet information is as follows:



	December 31,
(millions)	2013			2012
Accounts Receivable, Net
Commodity Sales	$	495		$	349
Joint Interest Billings	382			486
Other	81			139
Allowance for Doubtful Accounts	(11		)	(10		)
Total	$	947		$	964
Other Current Assets
Inventories, Materials and Supplies	$	96		$	68
Inventories, Crude Oil	25			22
Commodity Derivative Assets, Current	1			63
Deferred Income Taxes, Net, Current	62			106
Assets Held for Sale ⁽¹⁾	292			45
Prepaid Expenses and Other Assets, Current	71			116
Total	$	547		$	420
Other Noncurrent Assets
Equity Method Investments	$	437		$	367
Mutual Fund Investments	114			103
Commodity Derivative Assets, Noncurrent	16			21
Other Assets, Noncurrent	112			106
Total	$	679		$	597
Other Current Liabilities
Production and Ad Valorem Taxes	$	103		$	113
Commodity Derivative Liabilities, Current	65			7
Income Taxes Payable	156			203
Asset Retirement Obligations, Current	39			69
Interest Payable	63			55
Current Portion of Long Term Debt ⁽²⁾	200			324
Current Portion of Capital Lease and Other Obligations	58			48
Liabilities Associated with Assets Held for Sale ⁽¹⁾	111			12
Other Liabilities, Current	193			193
Total	$	988		$	1,024
Other Noncurrent Liabilities
Deferred Compensation Liabilities, Noncurrent	$	253		$	229
Asset Retirement Obligations, Noncurrent	547			333
Accrued Benefit Costs, Noncurrent ⁽³⁾	155			116
Other Liabilities, Noncurrent	154			132
Total	$	1,109		$	810


⁽¹⁾	Assets held for sale consist primarily of oil and gas properties and liabilities associated with asset retirement obligations located in China, the North Sea and onshore US at December 31, 2013 and the North Sea at December 31, 2012. See Note 3. Property Transactions.


⁽²⁾	See Note 10. Long-Term Debt.


⁽³⁾	Amount includes liabilities accrued under our defined benefit pension plan, restoration plan, and other postretirement benefit plans. See Note 12. Stock-Based and Other Compensation Plans.

Supplemental statements of cash flow information is as follows:



	Year Ended December 31,
(millions)	2013		2012		2011
Cash Paid During the Year For
Interest, Net of Amount Capitalized	$	137	$	107	$	32
Income Taxes Paid, Net	165		168		288
Non-Cash Financing and Investing Activities
Increase in CONSOL Installment Payments, Net of Discount ⁽¹⁾	—		—		639
Increase in Capital Lease and Other Obligations ⁽¹⁾	96		—		66


⁽¹⁾	See Note 3. Property Transactions and Note 10. Long-Term Debt.