Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016		Mar. 31, 2015
Cash Flows From Operating Activities
Net Loss		$ (287)	[1]	$ (22)
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities
Depreciation, Depletion and Amortization		617		454
Asset Impairments	[2]	0		27
Dry Hole Cost		93		20
Gain on Extinguishment of Debt	[3]	(80)		0
Loss on Asset Due to Terminated Contract	[4]	42		0
Deferred Income Tax Benefit		(186)		(30)
Loss from Equity Method Investees, Net of Dividends		(3)		(18)
Gain on Commodity Derivative Instruments		(44)		(150)
Net Cash Received in Settlement of Commodity Derivative Instruments		178		210
Stock Based Compensation		20		21
Other Adjustments for Noncash Items Included in Income		37		11
Changes in Operating Assets and Liabilities
(Increase) Decrease in Accounts Receivable		(38)		107
Decrease in Accounts Payable		(24)		(71)
(Decrease) Increase in Current Income Taxes Payable		(16)		3
Other Current Assets and Liabilities, Net		(64)		(51)
Other Operating Assets and Liabilities, Net		6		30
Net Cash Provided by Operating Activities		251		541
Cash Flows From Investing Activities
Additions to Property, Plant and Equipment		(496)		(1,111)
Additions to Equity Method Investments		(6)		(44)
Proceeds from Divestitures and Other		238		119
Net Cash Used in Investing Activities		(264)		(1,036)
Cash Flows From Financing Activities
Dividends Paid, Common Stock		(41)		(64)
Proceeds from Issuance of Shares of Common Stock to Public, Net of Offering Costs		0		1,112
Proceeds from Term Loan Facility		1,400		0
Repayment of Senior Notes		(1,383)		0
Repayment of Capital Lease Obligation		(13)		(19)
Other		(25)		(8)
Net Cash (Used in) Provided by Financing Activities		(62)		1,021
(Decrease) Increase in Cash and Cash Equivalents		(75)		526
Cash and Cash Equivalents at Beginning of Period		1,028		1,183
Cash and Cash Equivalents at End of Period		$ 953		$ 1,709

[1] No pro forma adjustments were made for the period as the acquisition is included in the Company's historical results.

[2] Impairments during 2015 were related to facility costs at South Raton (Deepwater Gulf of Mexico) and increases in expected field abandonment cost for the Noa and Pinnacles fields (Eastern Mediterranean).

[3] Amount relates to the tendering of senior notes assumed in the Rosetta Merger. See Note 6. Debt.

[4] Amount relates to the termination of a rig contract offshore Falkland Islands as a result of a supplier's non-performance. See Note 8. Capitalized Exploratory Well Costs and Undeveloped Leasehold