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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities    
Net Income (Loss) $ (4,905) $ 9,512
Adjustments    
Depreciation, depletion and amortization 15,022 12,789
Dry hole expense 848 137
Distributions more (less) than income from equity affiliates 2,249 (1,897)
Net before-tax losses (gains) on asset retirements and sales (625) (106)
Net foreign currency effects 190 54
Deferred income tax provision (3,180) 986
Net decrease (increase) in operating working capital (21) 1,126
Decrease (increase) in long-term receivables 84 426
Net decrease (increase) in other deferred charges (145) (144)
Cash contributions to employee pension plans (895) (1,204)
Other (283) (22)
Net Cash Provided by Operating Activities 8,339 21,657
Investing Activities    
Capital expenditures (6,855) (9,906)
Proceeds and deposits related to asset sales and returns of investment 1,979 1,088
Net maturities of (investments in) time deposits 0 950
Net sales (purchases) of marketable securities 35 2
Net repayment (borrowing) of loans by equity affiliates (1,434) (970)
Net Cash Used for Investing Activities (6,275) (8,836)
Financing Activities    
Net borrowings (repayments) of short-term obligations (606) 1,973
Proceeds from issuances of long-term debt 12,237 0
Repayments of long-term debt and other financing obligations (3,941) (3,868)
Cash dividends - common stock (7,186) (6,731)
Distributions to noncontrolling interests (10) (16)
Net sales (purchases) of treasury shares (1,545) (1,845)
Net Cash Provided by (Used for) Financing Activities (1,051) (10,487)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (133) 5
Net Change in Cash, Cash Equivalents and Restricted Cash 880 2,339
Cash, Cash Equivalents and Restricted Cash at January 1 6,911 10,481
Cash, Cash Equivalents and Restricted Cash at September 30 $ 7,791 $ 12,820