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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities    
Net Income $ 2,808 $ 3,479
Items Not Requiring (Providing) Cash    
Depreciation, Depletion and Amortization 2,066 2,058
Impairments 83 100
Stock-Based Compensation Expenses 103 90
Deferred Income Taxes 149 327
(Gains) Losses on Asset Dispositions, Net 1 (46)
Other, Net 22 12
Dry Hole Costs 45 6
Mark-to-Market Financial Commodity and Other Derivative Contracts    
(Gains) Losses, Net 84 (190)
Net Cash Received from (Payments for) Settlements of Financial Commodity Derivative Contracts (62) 134
Changes in Components of Working Capital and Other Assets and Liabilities    
Accounts Receivable 170 91
Inventories 31 192
Accounts Payable (236) (29)
Accrued Taxes Payable (660) 134
Other Assets (86) (119)
Other Liabilities (148) (91)
Changes in Components of Working Capital Associated with Investing Activities (49) (356)
Net Cash Provided by Operating Activities 4,321 5,792
Investing Cash Flows    
Additions to Oil and Gas Properties (3,080) (2,842)
Additions to Other Property, Plant and Equipment (196) (663)
Proceeds from Sales of Assets 16 19
Changes in Components of Working Capital Associated with Investing Activities 49 356
Net Cash Used in Investing Activities (3,211) (3,130)
Financing Cash Flows    
Long-Term Debt Repayments (500) 0
Dividends Paid (1,066) (1,045)
Treasury Stock Purchased (1,408) (1,458)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan 11 11
Debt Issuance and Other Financing Costs (7) 0
Repayment of Finance Lease Liabilities (17) (17)
Net Cash Used in Financing Activities (2,987) (2,509)
Effect of Exchange Rate Changes on Cash 1 0
Increase (Decrease) in Cash and Cash Equivalents (1,876) 153
Cash and Cash Equivalents at Beginning of Period 7,092 5,278
Cash and Cash Equivalents at End of Period $ 5,216 $ 5,431