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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities    
Net Income (Loss) $ (942,038) $ 2,098,389
Items Not Requiring (Providing) Cash    
Depreciation, Depletion and Amortization 2,529,789 2,790,496
Impairments 1,957,340 289,761
Stock-Based Compensation Expenses 113,454 132,323
Deferred Income Taxes (241,003) 508,576
Gains (Losses) on Asset Dispositions, Net (41,283) 3,650
Other, Net 1,636 4,155
Dry Hole Costs 13,063 28,001
Total Gains 1,075,433 242,622
Net Cash Received from Settlements of Commodity Derivative Contracts 998,894 139,708
Mark-to-Market Commodity Derivative Contracts    
Other, Net (1,185) 1,215
Changes in Components of Working Capital and Other Assets and Liabilities    
Accounts Receivable 930,628 (5,855)
Inventories 92,014 55,598
Accounts Payable (1,222,473) 134,253
Accrued Taxes Payable 12,395 88,047
Other Assets 414,857 394,573
Other Liabilities (12,739) (18,315)
Changes in Components of Working Capital Associated with Investing and Financing Activities 276,063 (38,677)
Net Cash Provided by Operating Activities 3,886,545 6,355,976
Investing Cash Flows    
Additions to Oil and Gas Properties (2,458,520) (4,866,882)
Additions to Other Property, Plant and Equipment (165,018) (187,350)
Proceeds from Sales of Assets 188,943 35,409
Changes in Components of Working Capital Associated with Investing Activities (276,063) 38,677
Net Cash Used in Investing Activities (2,710,658) (4,980,146)
Financing Cash Flows    
Long-Term Debt Borrowings 1,483,852 0
Long-Term Debt Repayments (1,000,000) (900,000)
Dividends Paid (601,242) (420,851)
Treasury Stock Purchased (14,821) (22,238)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan 8,614 9,558
Debt Issuance Costs (2,635) (5,016)
Repayment of Finance Lease Liabilities (13,309) (9,638)
Net Cash Used in Financing Activities (139,541) (1,348,185)
Effect of Exchange Rate Changes on Cash 1,238 (174)
Increase in Cash and Cash Equivalents 1,037,584 27,471
Cash and Cash Equivalents at End of Period 3,065,556 1,583,105
Cash and Cash Equivalents at Beginning of Period $ 2,027,972 $ 1,555,634