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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flow from operating activities:    
Net loss $ (4,225) $ (7,995)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion and amortization 2,017 2,717
Impairment of oil and gas properties 4,317 9,442
Non-cash oil and gas drillship settlements 606 0
Other asset impairments, inventory adjustments, restructuring and other 119 104
Metals inventory adjustments 27 154
Net gain on sales of assets (762) (39)
Net charges for environmental and asset retirement obligations, including accretion 149 174
Payments for environmental and asset retirement obligations (190) (135)
Net gain on early extinguishment of debt (51) 0
Deferred income taxes (22) (1,926)
Estimated loss on disposal of discontinued operations 182 0
Increase in long-term mill and leach stockpiles (84) (183)
Net gains on crude oil derivative contracts 0 (87)
Other, net 48 40
Changes in working capital and other tax payments, excluding amounts from dispositions:    
Accounts receivable 257 990
Inventories 251 83
Other current assets (120) (13)
Accounts payable and accrued liabilities (80) (150)
Accrued income taxes and changes in other tax payments 155 (568)
Net cash provided by operating activities 2,594 2,608
Capital expenditures:    
North America copper mines (87) (308)
South America (332) (1,339)
Indonesia (715) (660)
Molybdenum mines (2) (10)
United States oil and gas operations (1,028) (2,430)
Other (145) (308)
Net proceeds from sale of additional interest in Morenci 996 0
Net proceeds from sales of other assets 410 151
Other, net 9 (37)
Net cash used in investing activities (894) (4,941)
Cash flow from financing activities:    
Proceeds from debt 3,463 6,552
Repayments of debt (4,539) (4,693)
Net proceeds from sale of common stock 442 999
Cash dividends and distributions paid:    
Common stock (5) (547)
Noncontrolling interests (87) (89)
Stock-based awards net payments, including excess tax benefit (5) (8)
Debt financing costs and other, net (17) (7)
Net cash (used in) provided by financing activities (748) 2,207
Net increase (decrease) in cash and cash equivalents 952 (126)
(Increase) decrease in cash and cash equivalents in assets held for sale (39) 42
Cash and cash equivalents at beginning of year 195 317
Cash and cash equivalents at end of period $ 1,108 $ 233