XML 17 R7.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOW FROM OPERATING ACTIVITIES    
Net income (loss) $ 785 $ (13,719)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Discontinued operations, net 444 1,335
Depreciation, depletion and amortization of assets 6,481 6,343
Deferred income tax benefit (192) (2,117)
Asset impairments and other charges 173 10,915
(Gains) losses on sales of equity investments and other assets, net (119) 824
Other noncash reconciling items 240 134
Changes in operating assets and liabilities:    
(Increase) decrease in receivables (1,366) 4,248
(Increase) decrease in inventory 92 (242)
(Increase) decrease in other current assets (172) 293
Increase (decrease) in accounts payable and accrued liabilities 593 (5,609)
Increase in current domestic and international income taxes 63 70
Operating cash flow from continuing operations 7,022 2,475
Operating cash flow from discontinued operations, net of taxes 320 76
Net cash provided by operating activities 7,342 2,551
CASH FLOW FROM INVESTING ACTIVITIES    
Capital expenditures (1,933) (1,921)
Change in capital accrual (83) (725)
Purchases of businesses and assets, net (122) (102)
Proceeds from sales of other assets and equity investments, net 1,005 193
Equity investments and other, net (21) 188
Investing cash flow from continuing operations (1,154) (2,367)
Investing cash flow from discontinued operations (48) (31)
Net cash used by investing activities (1,202) (2,398)
CASH FLOW FROM FINANCING ACTIVITIES    
Proceeds from long-term debt, net of issuance costs 0 4,956
Payments of long-term debt (4,555) (4,615)
Proceeds from issuance of common stock 24 126
Cash dividends paid on common and preferred stock (630) (1,634)
Financing portion of net cash paid for derivative instruments (824) (377)
Other financing, net (48) (103)
Financing cash flow from continuing operations (6,033) (1,647)
Financing cash flow from discontinued operations (7) (6)
Net cash used by financing activities (6,040) (1,653)
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents 100 (1,500)
Cash, cash equivalents, restricted cash and restricted cash equivalents — beginning of period 2,194 3,574
Cash, cash equivalents, restricted cash and restricted cash equivalents — end of period $ 2,294 $ 2,074