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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From Operating Activities    
Net loss $ (2,433) $ (2,449)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion and amortization 349 877
Impairment of natural gas and oil properties 2,321 4,374
Amortization of debt issuance costs 12 50
Deferred income taxes (20) (1,539)
Loss on derivatives, net of settlement 48 105
Stock-based compensation 24 18
(Gain) loss on sale of assets, net   (276)
Restructuring charges 30  
Loss on early extinguishment of debt 51
Other 5 2
Change in assets and liabilities:    
Accounts receivable 53 175
Accounts payable (72) (55)
Taxes payable (17) (43)
Interest payable (14) (1)
Other assets and liabilities   (11)
Net cash provided by operating activities 337 1,227
Cash Flows From Investing Activities    
Capital investments (391) (1,392)
Acquisitions   (582)
Proceeds from sale of property and equipment 434 704
Other   7
Net cash provided by (used in) investing activities 43 (1,263)
Cash Flows From Financing Activities    
Payments on current portion of long-term debt (1) (1)
Payments on long-term debt (1,175) (500)
Payments on short-term debt   (4,500)
Payments on revolving credit facility (3,268) (2,168)
Borrowings under revolving credit facility 3,152 2,148
Payments on commercial paper (242) (5,179)
Borrowings under commercial paper 242 5,699
Change in bank drafts outstanding (19) 26
Proceeds from issuance of long-term debt 1,191 2,200
Debt issuance costs (17) (17)
Proceeds from issuance of common stock 1,247 669
Proceeds from issuance of mandatory convertible preferred stock   1,673
Preferred stock dividend (27) (52)
Other (4)  
Net cash provided by (used in) financing activities 1,079 (2)
Increase (decrease) in cash and cash equivalents 1,459 (38)
Cash and cash equivalents at beginning of year 15 53
Cash and cash equivalents at end of period $ 1,474 $ 15