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Consolidated Balance Sheets (unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and Cash Equivalents $ 958 $ 1,117
Accounts Receivable, Net 1,004 947
Other Current Assets 312 547
Total Current Assets 2,274 2,611
Property, Plant and Equipment    
Oil and Gas Properties (Successful Efforts Method of Accounting) 24,088 22,243
Property, Plant and Equipment, Other 600 517
Total Property, Plant and Equipment, Gross 24,688 22,760
Accumulated Depreciation, Depletion and Amortization (7,712) (7,035)
Total Property, Plant and Equipment, Net 16,976 15,725
Goodwill 621 627
Other Noncurrent Assets 704 679
Total Assets 20,575 19,642
Current Liabilities    
Accounts Payable - Trade 1,369 1,354
Other Current Liabilities 866 988
Total Current Liabilities 2,235 2,342
Long-Term Debt 5,160 4,566
Deferred Income Taxes, Noncurrent 2,483 2,441
Other Noncurrent Liabilities 1,143 1,109
Total Liabilities 11,021 10,458
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; 402 Million and 400 Million Shares Issued, respectively 4 4
Additional Paid in Capital 3,566 3,463
Accumulated Other Comprehensive Loss (111) (117)
Treasury Stock, at Cost; 38 Million Shares (674) (659)
Retained Earnings 6,769 6,493
Total Shareholders’ Equity 9,554 9,184
Total Liabilities and Shareholders’ Equity $ 20,575 $ 19,642