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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities      
Net Income (Loss) $ 9,269 $ (431) $ 4,710
Adjustments      
Depreciation, depletion and amortization 19,349 19,457 21,037
Dry hole expense 198 489 2,309
Distributions less than income from equity affiliates (2,214) (1,227) (760)
Net before-tax gains on asset retirements and sales (2,195) (1,149) (3,215)
Net foreign currency effects 131 186 (82)
Deferred income tax provision (3,203) (3,835) (1,861)
Net decrease (increase) in operating working capital 476 (550) (1,979)
Increase in long-term receivables (368) (131) (59)
(Increase) decrease in other deferred charges (199) 235 25
Cash contributions to employee pension plans (980) (870) (868)
Other 251 672 199
Net Cash Provided by Operating Activities 20,515 12,846 19,456
Investing Activities      
Capital expenditures (13,404) (18,109) (29,504)
Proceeds and deposits related to asset sales 5,247 2,777 5,739
Net maturities of time deposits 0 0 8
Net sales of marketable securities 4 297 122
Net borrowing of loans by equity affiliates (16) (2,034) (217)
Net (purchases) sales of other short-term investments (32) 217 44
Net Cash Used for Investing Activities (8,201) (16,852) (23,808)
Financing Activities      
Net (repayments) borrowings of short-term obligations (5,142) 2,130 (335)
Proceeds from issuances of long-term debt 3,991 6,924 11,091
Repayments of long-term debt and other financing obligations (6,310) (1,584) (32)
Cash dividends - common stock (8,132) (8,032) (7,992)
Distributions to noncontrolling interests (78) (63) (128)
Net sales of treasury shares 1,117 650 211
Net Cash (Used for) Provided by Financing Activities (14,554) 25 2,815
Effect of Exchange Rate Changes on Cash and Cash Equivalents 65 (53) (226)
Net Change in Cash and Cash Equivalents (2,175) (4,034) (1,763)
Cash and Cash Equivalents at January 1 6,988 11,022 12,785
Cash and Cash Equivalents at December 31 $ 4,813 $ 6,988 $ 11,022