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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities    
Net Income $ 638,589 $ 28,517
Items Not Requiring (Providing) Cash    
Depreciation, Depletion and Amortization 748,591 816,036
Impairments 64,609 193,187
Stock-Based Compensation Expenses 35,486 30,460
Deferred Income Taxes 171,362 694
Losses on Asset Dispositions, Net (14,969) (16,758)
Other, Net 2,013 (3,052)
Mark-to-Market Commodity Derivative Contracts    
Total (Gains) Losses 59,771 (62,020)
Net Cash Received from (Payments for) Settlements of Commodity Derivative Contracts (21,965) 1,912
Other, Net (478) (428)
Changes in Components of Working Capital and Other Assets and Liabilities    
Accounts Receivable (109,654) 28,688
Inventories (106,799) 24,736
Accounts Payable 53,652 20,426
Accrued Taxes Payable 21,950 (38,613)
Other Assets (8,863) (44,677)
Other Liabilities (29,055) (51,251)
Changes in Components of Working Capital Associated with Investing and Financing Activities 17,988 (63,324)
Net Cash Provided by Operating Activities 1,552,166 898,049
Investing Cash Flows    
Additions to Oil and Gas Properties (1,365,111) (912,227)
Additions to Other Property, Plant and Equipment (76,100) (34,336)
Proceeds from Sales of Assets 2,829 46,812
Changes in Components of Working Capital Associated with Investing Activities (18,045) 63,324
Net Cash Used in Investing Activities (1,456,427) (836,427)
Financing Cash Flows    
Dividends Paid (97,026) (96,707)
Treasury Stock Purchased (16,776) (18,628)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan 1,453 2,356
Repayment of Capital Lease Obligation (1,671) (1,619)
Changes in Components of Working Capital Associated with Financing Activities 57 0
Net Cash Used in Financing Activities (113,963) (114,598)
Effect of Exchange Rate Changes on Cash 90 (353)
Decrease in Cash and Cash Equivalents (18,134) (53,329)
Cash and Cash Equivalents at Beginning of Period 834,228 1,599,895
Cash and Cash Equivalents at End of Period $ 816,094 $ 1,546,566