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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Activities    
Net Income $ 6,499 $ 6,239
Adjustments    
Depreciation, depletion and amortization 3,205 3,126
Dry hole expense 242 2
Distributions (less) more than income from equity affiliates (178) 201
Net before-tax gains on asset retirements and sales (122) (141)
Net foreign currency effects 142 57
Deferred income tax provision 491 73
Net (increase) decrease in operating working capital (2,795) 110
(Increase) decrease in long-term receivables (15) 7
Decrease in other deferred charges 83 34
Cash contributions to employee pension plans (345) (171)
Other 1,180 277
Net Cash Provided by Operating Activities 8,387 9,814
Investing Activities    
Acquisition of Atlas Energy   (3,014)
Advance to Atlas Energy   (403)
Capital expenditures (5,895) (4,645)
Proceeds and deposits related to asset sales 428 284
Net sales (purchases) of time deposits 3,300 (725)
Sales of marketable securities 11 22
Net sales of other short-term investments 183 134
Net Cash Used for Investing Activities (1,973) (8,347)
Financing Activities    
Net (payments) borrowings of short-term obligations (852) 151
Repayments of long-term debt and other financing obligations (15) (1,069)
Cash dividends - common stock (1,590) (1,436)
Distributions to noncontrolling interests (8) (13)
Net purchases of treasury shares (996) (58)
Net Cash Used for Financing Activities (3,461) (2,425)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 54 47
Net Change in Cash and Cash Equivalents 3,007 (911)
Cash and Cash Equivalents at January 1 15,864 14,060
Cash and Cash Equivalents at March 31 $ 18,871 $ 13,149