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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash Flows From Operating Activities [Abstract]      
Net Income (Loss) $ (2,441) $ 1,214 $ 978
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities      
Depreciation, Depletion and Amortization 2,131 1,759 1,570
Asset Impairments 533 500 86
Goodwill Impairment 779 0 0
Dry Hole Cost 266 226 149
Deferred Income Taxes 117 268 269
(Income) Loss from Equity Method Investees, Net of Dividends (14) 33 (17)
(Gain) Loss on Commodity Derivative Instruments (501) (976) 133
Net Cash Received (Paid) in Settlement of Commodity Derivative Instruments 1,009 29 (2)
(Gain) Loss on Divestitures 0 (73) (93)
Loss on Fair Value Adjustment to Inventory 20 0 0
Stock Based Compensation 86 87 80
Non-cash Pension Termination Expense 82 0 0
Expiration and Amortization of Unproved Leaseholds 113 43 30
Other Adjustments for Noncash Items Included in Income 11 (16) 45
Changes in Operating Assets and Liabilities, Net of Assets Acquired and Liabilities Assumed      
(Increase) Decrease in Accounts Receivable 453 29 (239)
Increase (Decrease) in Accounts Payable (364) 318 (87)
Increase (Decrease) in Current Income Taxes Payable (94) 18 (47)
Increase (Decrease) in Other Current Liabilities (70) 45 20
Other Operating Assets and Liabilities, Net (54) 2 62
Net Cash Provided by Operating Activities 2,062 3,506 2,937
Cash Flows From Investing Activities      
Additions to Property, Plant and Equipment (2,979) (4,871) (3,947)
Proceeds from Divestitures 151 321 327
Rosetta Merger 61 0 0
Additions to Equity Method Investments (104) (71) (48)
Distributions from Equity Method Investments 0 156 0
Other 0 0 (7)
Net Cash Used in Investing Activities (2,871) (4,465) (3,675)
Cash Flows From Financing Activities      
Exercise of Stock Options 8 48 51
Excess Tax Benefits from Stock-Based Awards (1) 19 20
Dividends Paid, Common Stock (291) (249) (198)
Purchase of Treasury Stock (21) (16) (14)
Proceeds from Issuance of Shares of Common Stock to Public, Net of Offering Costs 1,112 0 0
Proceeds from Credit Facilities 0 1,050 900
Repayment of Credit Facilities (70) (1,050) (900)
Proceeds from Issuance of Senior Long-Term Debt, Net 0 1,478 985
Repayment of Senior Notes (12) (200) 0
Repayment of Capital Lease Obligation (67) (55) (48)
Repayment of Installment Loan and Other (4) 0 (328)
Net Cash Provided By Financing Activities 654 1,025 468
Increase (Decrease) in Cash and Cash Equivalents (155) 66 (270)
Cash and Cash Equivalents at Beginning of Period 1,183 1,117 1,387
Cash and Cash Equivalents at End of Period $ 1,028 $ 1,183 $ 1,117