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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities    
Net Income (Loss) $ 152,111 $ (954,334)
Items Not Requiring (Providing) Cash    
Depreciation, Depletion and Amortization 2,527,642 2,690,893
Impairments 325,798 322,321
Stock-Based Compensation Expenses 101,537 97,072
Deferred Income Taxes 114,850 (492,489)
(Gains) Losses on Asset Dispositions, Net (33,876) 101,801
Other, Net (4,514) 42,149
Dry Hole Costs 77 10,464
Mark-to-Market Commodity Derivative Contracts    
Total (Gains) Losses (64,860) 33,821
Net Cash Received from (Payments for) Settlements of Commodity Derivative Contracts 4,730 (22,219)
Excess Tax Benefits from Stock-Based Compensation 0 (22,071)
Other, Net 270 7,513
Changes in Components of Working Capital and Other Assets and Liabilities    
Accounts Receivable (25,445) (11,860)
Inventories (17,674) 137,563
Accounts Payable 112,894 (201,213)
Accrued Taxes Payable (49,967) 113,996
Other Assets (83,940) (12,526)
Other Liabilities (69,224) 36,799
Changes in Components of Working Capital Associated with Investing and Financing Activities (120,373) (119,760)
Net Cash Provided by Operating Activities 2,937,788 1,554,318
Investing Cash Flows    
Additions to Oil and Gas Properties (2,927,988) (1,781,547)
Additions to Other Property, Plant and Equipment (139,558) (60,343)
Proceeds from Sales of Assets 191,593 457,665
Changes in Components of Working Capital Associated with Investing Activities 120,469 120,614
Net Cash Used in Investing Activities (2,755,484) (1,263,611)
Financing Cash Flows    
Net Commercial Paper Repayments 0 (259,718)
Long-Term Debt Borrowings 0 991,097
Long-Term Debt Repayments (600,000) (400,000)
Dividends Paid (289,261) (276,726)
Excess Tax Benefits from Stock-Based Compensation 0 22,071
Treasury Stock Purchased (50,374) (55,641)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan 11,174 14,283
Debt Issuance Costs 0 (1,602)
Repayment of Capital Lease Obligation (4,897) (4,746)
Other, Net (96) (854)
Net Cash Provided by (Used in) Financing Activities (933,454) 28,164
Effect of Exchange Rate Changes on Cash (2,607) 11,350
Increase (Decrease) in Cash and Cash Equivalents (753,757) 330,221
Cash and Cash Equivalents at Beginning of Period 1,599,895 718,506
Cash and Cash Equivalents at End of Period $ 846,138 $ 1,048,727