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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOW FROM OPERATING ACTIVITIES    
Net income $ 2,826 $ 2,677
Adjustments to reconcile net income to net cash provided by operating activities:    
Discontinued operations, net (2) 9
Depreciation, depletion and amortization of assets 2,583 2,562
Deferred income tax provision 94 635
Other noncash charges to income 164 218
Gain on sale of assets and equity investments, net (525) (131)
Asset impairments 471  
Net distributions from equity investments   (31)
Dry hole expenses 65 77
Changes in operating assets and liabilities, net (101) (155)
Other operating, net   382
Operating cash flow from continuing operations 5,575 6,243
Operating cash flow from discontinued operations, net of taxes (11) (18)
Net cash provided by operating activities 5,564 6,225
CASH FLOW FROM INVESTING ACTIVITIES    
Capital expenditures (4,927) (4,280)
Payments for purchases of assets and businesses (345) (226)
Sale of assets and equity investments, net 1,371 270
Other, net (187) (63)
Net cash used by investing activities (4,088) (4,299)
CASH FLOW FROM FINANCING ACTIVITIES    
Payment of long-term debt (107)  
Proceeds from issuance of common stock 16 24
Purchases of treasury stock (1,576) (28)
Cash dividends paid (1,084) (517)
Contributions from noncontrolling interest 272 65
Other, net 1 7
Net cash used by financing activities (2,478) (449)
(Decrease) increase in cash and cash equivalents (1,002) 1,477
Cash and cash equivalents-beginning of period 3,393 1,592
Cash and cash equivalents-end of period $ 2,391 $ 3,069