XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities    
Net Income $ 1,463 $ 1,789
Items Not Requiring (Providing) Cash    
Depreciation, Depletion and Amortization 1,013 1,074
Impairments 44 19
Stock-Based Compensation Expenses 50 45
Deferred Income Taxes 44 199
(Gains) Losses on Asset Dispositions, Net 1 (26)
Other, Net 11 9
Dry Hole Costs 34 1
Mark-to-Market Financial Commodity and Other Derivative Contracts    
(Gains) Losses, Net 191 (237)
Net Cash Received from (Payments for) Settlements of Financial Commodity Derivative Contracts (38) 55
Changes in Components of Working Capital and Other Assets and Liabilities    
Accounts Receivable 48 58
Inventories 76 117
Accounts Payable (129) (58)
Accrued Taxes Payable (339) 319
Other Assets (43) (161)
Other Liabilities (96) (71)
Changes in Components of Working Capital Associated with Investing Activities (41) (229)
Net Cash Provided by Operating Activities 2,289 2,903
Investing Cash Flows    
Additions to Oil and Gas Properties (1,381) (1,485)
Additions to Other Property, Plant and Equipment (102) (350)
Proceeds from Sales of Assets 12 9
Changes in Components of Working Capital Associated with Investing Activities 41 229
Net Cash Used in Investing Activities (1,430) (1,597)
Financing Cash Flows    
Dividends Paid (538) (525)
Treasury Stock Purchased (806) (759)
Repayment of Finance Lease Liabilities (8) (8)
Net Cash Used in Financing Activities (1,352) (1,292)
Effect of Exchange Rate Changes on Cash 0 0
Increase (Decrease) in Cash and Cash Equivalents (493) 14
Cash and Cash Equivalents at Beginning of Period 7,092 5,278
Cash and Cash Equivalents at End of Period $ 6,599 $ 5,292