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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 181,421 $ 609,504
Adjustments to reconcile net income to net cash provided by operating activities:    
Depletion, depreciation and amortization 382,339 258,345
Impairment of oil and gas properties 444,880 0
Exploration expenses, including dry holes 39,730 4,275
Deferred income taxes (57,291) (87,337)
Gain (loss) on disposition of assets, net (44,736) 2,487
Accretion of discount on asset retirement obligations 4,874 4,092
Discontinued operations 3,597 (390,868)
Interest expense 18,152 15,432
Derivative related activity (144,000) 56,380
Amortization of stock-based compensation 30,970 21,155
Amortization of deferred revenue (20,919) (22,290)
Other noncash items (7,513) (9,207)
Change in operating assets and liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable, net 33,881 (23,605)
Income taxes receivable (1,452) 27,226
Inventories (33,318) (74,136)
Prepaid expenses (13,425) (9,990)
Other current assets (8,846) 8,772
Accounts payable 30,580 6,201
Interest payable 82 (1,642)
Income taxes payable (7,907) (11,485)
Other current liabilities 20,271 (6,471)
Net cash provided by operating activities 925,410 564,454
Cash flows from investing activities:    
Proceeds from disposition of assets, net of cash sold 62,945 813,520
Payments for acquisition, net of cash acquired (295,974) 0
Investment in unconsolidated subsidiary 0 (82,857)
Additions to oil and gas properties (1,424,807) (757,148)
Additions to other assets and other property and equipment, net (164,230) (215,367)
Net cash used in investing activities (1,822,066) (241,852)
Cash flows from financing activities:    
Borrowings under long-term debt 1,339,093 72,610
Principal payments on long-term debt (596,000) (115,810)
Distributions to noncontrolling interests (17,956) (13,366)
Payments of other liabilities (744) (305)
Exercise of long-term incentive plan stock options 1,008 362
Purchases of treasury stock (56,317) (39,218)
Excess tax benefits from share-based payment arrangements 17,545 27,937
Payment of financing fees (4,660) (8,739)
Dividends paid (5,028) (4,812)
Net cash provided by (used in) financing activities 676,941 (81,341)
Net increase (decrease) in cash and cash equivalents (219,715) 241,261
Cash and cash equivalents, beginning of period 537,484 111,160
Cash and cash equivalents, end of period $ 317,769 $ 352,421