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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOW FROM OPERATING ACTIVITIES    
Net Loss $ (302) $ (2,651)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Discontinued operations, net (432) 10
Depreciation, depletion and amortization of assets 3,218 3,268
Deferred income tax benefit (162) (417)
Other noncash charges to income 79 359
Asset impairments and related items 139 3,364
Gain on sale of assets, net (198) (94)
Undistributed earnings from affiliates (4) (3)
Dry hole expenses 33 4
Changes in operating assets and liabilities, net (460) (938)
Other operating, net (313) (499)
Operating cash flow from continuing operations 1,598 2,403
Operating cash flow from discontinued operations 870 (17)
Net cash provided by operating activities 2,468 2,386
CASH FLOW FROM INVESTING ACTIVITIES    
Capital expenditures (1,845) (4,192)
Change in capital accrual (207) (652)
Purchase of businesses and assets, net (82) (52)
Proceeds from sale of assets and equity investments, net 323 151
Equity investments and other, net (165) (373)
Net cash used by investing activities (1,976) (5,118)
CASH FLOW FROM FINANCING ACTIVITIES    
Change in restricted cash 1,193 2,254
Proceeds from long-term debt, net 2,718 1,478
Payment of long-term debt, net (2,710)  
Proceeds from issuance of common stock 32 34
Purchases of treasury stock (22) (586)
Cash dividends paid (1,724) (1,690)
Net cash (used) provided by financing activities (513) 1,490
Decrease in cash and cash equivalents (21) (1,242)
Cash and cash equivalents - beginning of period 3,201 3,789
Cash and cash equivalents - end of period $ 3,180 $ 2,547