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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ 350,000 $ 499,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depletion, depreciation and amortization 1,003,000 734,000
Impairment of oil and gas properties 210,000 0
Impairment of Inventory and Other Property and Equipment 21,000 7,000
Exploration expenses, including dry holes 22,000 11,000
Deferred income taxes 146,000 315,000
Gain on disposition of assets, net (782,000) (11,000)
Accretion of discount on asset retirement obligations 9,000 9,000
Discontinued operations (4,000) 247,000
Interest expense 14,000 13,000
Derivative related activity (22,000) (39,000)
Amortization of stock-based compensation 70,000 63,000
Other 13,000 42,000
Change in operating assets and liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable, net 26,000 (77,000)
Income taxes receivable 23,000 (17,000)
Inventories (29,000) (27,000)
Prepaid expenses (3,000) (11,000)
Other current assets (6,000) (1,000)
Accounts payable (266,000) 96,000
Interest payable (4,000) (26,000)
Income taxes payable 26,000 1,000
Other current liabilities (28,000) (30,000)
Net cash provided by operating activities 789,000 1,798,000
Cash flows from investing activities:    
Proceeds from disposition of assets, net of cash sold 556,000 855,000
Additions to oil and gas properties (1,573,000) (2,259,000)
Additions to other assets and other property and equipment, net (191,000) (224,000)
Net cash used in investing activities (1,208,000) (1,628,000)
Cash flows from financing activities:    
Borrowings under long-term debt 0 523,000
Principal payments on long-term debt 0 (523,000)
Distributions to noncontrolling interests (1,000) (1,000)
Exercise of long-term incentive plan stock options and employee stock purchases 6,000 13,000
Purchases of treasury stock (31,000) (33,000)
Tax benefits related to stock-based compensation 10,000 14,000
Payments of financing fees (3,000) 0
Dividends paid (6,000) (6,000)
Net cash used in financing activities (25,000) (13,000)
Net increase (decrease) in cash and cash equivalents (444,000) 157,000
Cash and cash equivalents, beginning of period 1,025,000 393,000
Cash and cash equivalents, end of period $ 581,000 $ 550,000