XML 17 R6.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities    
Net Income (Loss) $ 6,605 $ 6,277
Adjustments    
Depreciation, depletion and amortization 3,526 3,654
Dry hole expense 105 135
Distributions more (less) than income from equity affiliates (901) (1,441)
Net before-tax losses (gains) on asset retirements and sales 34 (99)
Net foreign currency effects 23 248
Deferred income tax provision 790 626
Net decrease (increase) in operating working capital (1,815) (937)
Decrease (increase) in long-term receivables 36 86
Net decrease (increase) in other deferred charges (185) (56)
Cash contributions to employee pension plans (345) (463)
Other (668) 25
Net Cash Provided by Operating Activities 7,205 8,055
Investing Activities    
Capital expenditures (3,038) (1,960)
Proceeds and deposits related to asset sales and returns of investment 219 1,283
Net sales (purchases) of marketable securities 95 0
Net repayment (borrowing) of loans by equity affiliates (83) 12
Net Cash Used for Investing Activities (2,807) (665)
Financing Activities    
Net borrowings (repayments) of short-term obligations (87) 61
Repayments of long-term debt and other financing obligations (13) (2,062)
Cash dividends - common stock (2,857) (2,746)
Net contributions from (distributions to) noncontrolling interests (9) (5)
Net sales (purchases) of treasury shares (3,607) 3,386
Net Cash Provided by (Used for) Financing Activities (6,573) (1,366)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (47) (13)
Net Change in Cash, Cash Equivalents and Restricted Cash (2,222) 6,011
Cash, Cash Equivalents and Restricted Cash at January 1 19,121 6,795
Cash, Cash Equivalents and Restricted Cash at March 31 $ 16,899 $ 12,806