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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net income $ 174 $ 356
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 554 590
Impairments 6 8
Exploratory dry well costs and unproved property impairments 49 42
Net gain on disposal of assets (42) (257)
Deferred income taxes (31) (31)
Net loss on derivative instruments 91 102
Net settlements of derivative instruments 22 (59)
Pension and other post retirement benefits, net (25) (34)
Stock-based compensation 14 14
Equity method investments, net 14 32
Changes in:    
Current receivables (73) (130)
Inventories 4 (9)
Current accounts payable and accrued liabilities (102) 81
Other current assets and liabilities (14) 25
All other operating, net (154) (31)
Net cash provided by operating activities 515 649
Investing activities:    
Additions to property, plant and equipment (615) (662)
Additions to other assets 14 (72)
Acquisitions, net of cash acquired 0 (4)
Disposal of assets, net of cash transferred to the buyer 13 1,180
Equity method investments - return of capital 12 9
All other investing, net 12 (2)
Net cash provided by (used in) investing activities (564) 449
Financing activities:    
Purchases of common stock (30) (9)
Dividends paid (41) (42)
All other financing, net (1) 2
Net cash used in financing activities (72) (49)
Effect of exchange rate on cash and cash equivalents 1 1
Net increase (decrease) in cash and cash equivalents (120) 1,050
Cash and cash equivalents at beginning of period 1,462 563
Cash and cash equivalents at end of period 1,019 1,613
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents 323  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations $ 1,342 $ 1,613