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Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 123 $ 109
Adjustments to reconcile net income to net cash provided by operating activities:    
Depletion, depreciation and amortization 221 212
Exploration expenses, including dry holes 7 0
Deferred income taxes 41 44
Gain on disposition of assets, net (6) (24)
Accretion of discount on asset retirement obligations 3 3
Discontinued operations 96 35
Interest expense 4 5
Derivative related activity 86 96
Amortization of stock-based compensation 22 17
Other noncash items 8 (4)
Change in operating assets and liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable, net (37) (42)
Income taxes receivable 5 6
Inventories (16) 1
Prepaid expenses (1) 0
Other current assets (3) (1)
Accounts payable (70) (57)
Interest payable (26) (30)
Income taxes payable 9 0
Other current liabilities 0 (10)
Net cash provided by operating activities 466 360
Cash flows from investing activities:    
Proceeds from disposition of assets, net of cash sold 86 46
Additions to oil and gas properties (664) (697)
Additions to other assets and other property and equipment, net (48) (56)
Net cash used in investing activities (626) (707)
Cash flows from financing activities:    
Borrowings under long-term debt 150 305
Principal payments on long-term debt (100) (1,012)
Proceeds from issuance of common stock, net of issuance costs 0 1,281
Distributions to noncontrolling interests 0 (9)
Payments of other liabilities (1) 0
Exercise of long-term incentive plan stock options 4 1
Purchases of treasury stock (31) (19)
Excess tax benefits from share-based payment arrangements 2 1
Net cash provided by financing activities 24 548
Net increase (decrease) in cash and cash equivalents (136) 201
Cash and cash equivalents, beginning of period 393 229
Cash and cash equivalents, end of period $ 257 $ 430