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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOW FROM OPERATING ACTIVITIES    
Net income $ 708 $ 117
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization of assets 921 942
Deferred income tax (benefit) provision 94 (108)
Other noncash (gains) charges to income (23) 84
Asset impairments and related items 30 13
Gain on sale of assets, net (33)  
Changes in operating assets and liabilities, net (688) (535)
Other operating, net   (8)
Net cash provided by operating activities 1,009 505
CASH FLOW FROM INVESTING ACTIVITIES    
Capital expenditures (1,032) (722)
Change in capital accrual (45) (41)
Payments for purchases of assets and businesses (177) (19)
Sale of assets, net 275  
Other investing, net 8 110
Net cash used by investing activities (971) (672)
CASH FLOW FROM FINANCING ACTIVITIES    
Proceeds from long-term debt, net 978  
Payments of long-term debt (500)  
Proceeds from issuance of common stock 10 12
Cash dividends paid (592) (584)
Net cash used by financing activities (104) (572)
Decrease in cash and cash equivalents (66) (739)
Cash and cash equivalents - beginning of period 1,672 2,233
Cash and cash equivalents - end of period $ 1,606 $ 1,494