Information Relating to the Consolidated Statement of Cash Flows (Tables)

9 Months Ended

Sep. 30, 2015

Supplemental Cash Flow Elements [Abstract]

Net (increase) decrease in operating working capital

The “Net increase in operating working capital” was composed of the following operating changes:

	Nine Months Ended September 30
	2015			2014
	(Millions of dollars)
Decrease in accounts and notes receivable	$	2,337		$	1,388
Increase in inventories	(445		)	(931		)
Decrease in prepaid expenses and other current assets	167			237
Decrease in accounts payable and accrued liabilities	(3,769		)	(946		)
Decrease in income and other taxes payable	(611		)	(124		)
Net increase in operating working capital	$	(2,321	)	$	(376	)

Cash payment for interest on debt and for income taxes

“Net Cash Provided by Operating Activities” included the following cash payments for income taxes:

	Nine Months Ended September 30
	2015		2014
	(Millions of dollars)
Income taxes	$	4,081	$	8,625

Net (purchases) sales of time deposits

The “Net sales of time deposits” consisted of the following gross amounts:

	Nine Months Ended September 30
	2015		2014
	(Millions of dollars)
Time deposits purchased	$	—	$	(317	)
Time deposits matured	8		317
Net sales of time deposits	$	8	$	—

Net sales of marketable securities

The “Net sales of marketable securities” consisted of the following gross amounts:

	Nine Months Ended September 30
	2015			2014
	(Millions of dollars)
Marketable securities purchased	$	(6	)	$	(11	)
Marketable securities sold	128			12
Net sales of marketable securities	$	122		$	1

Capital expenditures

The major components of “Capital expenditures” and the reconciliation of this amount to the capital and exploratory expenditures, including equity affiliates, are as follows:

	Nine Months Ended September 30
	2015		2014
	(Millions of dollars)
Additions to properties, plant and equipment	$	21,273	$	25,094
Additions to investments	382		341
Current year dry hole expenditures	400		320
Payments for other liabilities and assets, net	—		(16		)
Capital expenditures	22,055		25,739
Expensed exploration expenditures	717		853
Assets acquired through capital lease obligations	44		12
Capital and exploratory expenditures, excluding equity affiliates	22,816		26,604
Company’s share of expenditures by equity affiliates	2,456		2,422
Capital and exploratory expenditures, including equity affiliates	$	25,272	$	29,026