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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net Income (Loss) $ (431) $ 4,710 $ 19,310
Adjustments      
Depreciation, depletion and amortization 19,457 21,037 16,793
Dry hole expense 489 2,309 875
Distributions less than income from equity affiliates (1,227) (760) (2,202)
Net before-tax gains on asset retirements and sales (1,149) (3,215) (3,540)
Net foreign currency effects 186 (82) (277)
Deferred income tax provision (3,835) (1,861) 1,572
Net increase in operating working capital (550) (1,979) (540)
(Increase) in long-term receivables (131) (59) (9)
Decrease in other deferred charges 235 25 263
Cash contributions to employee pension plans (870) (868) (392)
Other 672 199 (378)
Net Cash Provided by Operating Activities 12,846 19,456 31,475
Investing Activities      
Capital expenditures (18,109) (29,504) (35,407)
Proceeds and deposits related to asset sales 2,777 5,739 5,729
Net maturities of time deposits 0 8 0
Net sales (purchases) of marketable securities 297 122 (148)
Net (borrowing) repayment of loans by equity affiliates (2,034) (217) 140
Net sales (purchases) of other short-term investments 217 44 (207)
Net Cash Used for Investing Activities (16,852) (23,808) (29,893)
Financing Activities      
Net borrowings (repayments) of short-term obligations 2,130 (335) 3,431
Proceeds from issuances of long-term debt 6,924 11,091 4,000
Repayments of long-term debt and other financing obligations (1,584) (32) (43)
Cash dividends - common stock (8,032) (7,992) (7,928)
Distributions to noncontrolling interests (63) (128) (47)
Net sales of treasury shares 650 211 (4,412)
Net Cash Provided by (Used for) Financing Activities 25 2,815 (4,999)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (53) (226) (43)
Net Change in Cash and Cash Equivalents (4,034) (1,763) (3,460)
Cash and Cash Equivalents at January 1 11,022 12,785 16,245
Cash and Cash Equivalents at December 31 $ 6,988 $ 11,022 $ 12,785