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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Net cash provided from operating activities:  
Net income$ 2,397$ 1,862
Adjustments to reconcile net income to net cash provided by operating activities:  
Loss on early extinguishment of debt27992
Discontinued operations(1,239)(404)
Deferred income taxes(75)(411)
Depreciation, depletion and amortization1,7161,376
Impairments307439
Pension and other postretirement benefits, net28(39)
Exploratory dry well costs and unproved property impairments311122
Net gain on disposal of assets(63)(822)
Equity method investments, net1634
Changes in operating capital:  
Changes in current receivables202(124)
Changes in inventories47(35)
Changes in current accounts payable and accrued liabilities361924
All other operating, net11385
Net cash provided by continuing operations4,4003,099
Net cash provided by discontinued operations1,090(111)
Net cash provided by operating activities5,4902,988
Investing activities:  
Additions to property, plant and equipment(2,437)(2,703)
Disposal of assets3851,354
Investments - repayments of loans and return of capital4135
Investing activities of discontinued operations(493)(920)
Property deposit(120) 
All other investing, net13(22)
Net cash used in investing activities(2,611)(2,256)
Financing activities:  
Debt repayments(2,843)(620)
Purchases of common stock(300) 
Dividends paid(462)(526)
Financing activities of discontinued operations2,916(8)
Distribution in Spin-off(1,622) 
All other financing, net1298
Net cash provided by (used in) financing activities(2,182)(1,146)
Effect of exchange rate changes on cash:  
Total effect of exchange rate changes on cash(15) 
Net increase in cash and cash equivalents682(414)
Cash and cash equivalents at beginning of period3,9512,057
Cash and cash equivalents at end of period$ 4,633$ 1,643