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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net Income (Loss) $ (869) $ 5,265
Adjustments    
Depreciation, depletion and amortization 15,254 15,637
Dry hole expense 472 1,265
Distributions less than income from equity affiliates (708) (576)
Net before-tax gains on asset retirements and sales (872) (3,104)
Net foreign currency effects 321 (34)
Deferred income tax provision (3,139) (478)
Net increase in operating working capital (1,266) (2,321)
Increase in long-term receivables (81) (92)
Net decrease in other deferred charges 30 92
Cash contributions to employee pension plans (697) (719)
Other 538 (36)
Net Cash Provided by Operating Activities 8,983 14,899
Investing Activities    
Capital expenditures (14,100) (22,055)
Proceeds and deposits related to asset sales 2,209 5,408
Net maturities of time deposits 0 8
Net sales of marketable securities 2 122
Net borrowing of loans by equity affiliates (2,195) (147)
Net sales of other short-term investments 155 64
Net Cash Used for Investing Activities (13,929) (16,600)
Financing Activities    
Net borrowings of short-term obligations 869 2,049
Proceeds from issuance of long-term debt 6,924 5,989
Repayments of long-term debt and other financing obligations (812) (22)
Cash dividends — common stock (6,007) (5,993)
Distributions to noncontrolling interests (57) (122)
Net sales of treasury shares 359 158
Net Cash Provided by Financing Activities 1,276 2,059
Effect of Exchange Rate Changes on Cash and Cash Equivalents (1) (210)
Net Change in Cash and Cash Equivalents (3,671) 148
Cash and Cash Equivalents at January 1 11,022 12,785
Cash and Cash Equivalents at September 30 $ 7,351 $ 12,933