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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Flows from Operating Activities      
Net income (loss) $ 941 $ 2,445 $ (2,568)
Adjustments to reconcile net income (loss) to net cash provided by operating activities      
Depreciation, depletion, and amortization 3,927 3,964 3,830
Deferred income taxes 90 164 (1,461)
Dry hole expense and impairments of unproved properties 864 1,544 625
Impairments 794 389 1,774
(Gains) losses on divestitures, net 470 71 (22)
Total (gains) losses on derivatives, net (392) (308) 469
Net cash received in settlement of derivative instruments 85 685 147
Other 246 232 204
Changes in assets and liabilities      
Deepwater Horizon settlement and related costs (2) 24 (18)
Algeria exceptional profits tax settlement 730 (791) 0
Tronox-related contingent loss 850 (250) 250
(Increase) decrease in accounts receivable (11) 520 (993)
Increase (decrease) in accounts payable and accrued expenses 150 (476) 284
Other items—net 146 126 (16)
Net cash provided by (used in) operating activities 8,888 8,339 2,505
Cash Flows from Investing Activities      
Additions to properties and equipment and dry hole costs (7,721) (7,242) (5,650)
Acquisition of businesses (473) 0 (802)
Divestitures of properties and equipment and other assets 567 657 555
Other—net (589) (284) (78)
Net cash provided by (used in) investing activities (8,216) (6,869) (5,975)
Cash Flows from Financing Activities      
Borrowings, net of issuance costs 958 1,042 3,551
Repayments of debt (710) (3,044) (1,154)
Repayment of capital lease obligation 0 0 (108)
Increase (decrease) in outstanding checks (13) (69) 149
Dividends paid (274) (181) (181)
Repurchase of common stock (54) (37) (41)
Issuance of common stock, including tax benefit on share-based compensation awards 146 103 30
Sale of subsidiary units 724 623 328
Distributions to noncontrolling interest owners (156) (112) (82)
Contributions from noncontrolling interest owners 2 16 17
Other financing activities 0 0 1
Net cash provided by (used in) financing activities 623 (1,659) 2,510
Effect of Exchange Rate Changes on Cash (68) (37) (23)
Net Increase (Decrease) in Cash and Cash Equivalents 1,227 (226) (983)
Cash and Cash Equivalents at Beginning of Period 2,471 2,697 3,680
Cash and Cash Equivalents at End of Period $ 3,698 $ 2,471 $ 2,697