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Consolidated Statements Of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 609,504 $ 449,295
Adjustments to reconcile net income to net cash provided by operating activities:    
Depletion, depreciation and amortization 294,271 288,737
Exploration expenses, including dry holes 4,275 7,973
Hurricane activity, net   3,500
Deferred income taxes 75,507 220,352
(Gain) loss on disposition of assets, net 2,487 (24,588)
Accretion of discount on asset retirement obligations 5,313 5,388
Discontinued operations (407,115) 41,463
Interest expense 15,432 14,920
Derivative related activity 56,380 (442,087)
Amortization of stock-based compensation 21,155 19,049
Amortization of deferred revenue (22,290) (45,070)
Other noncash items (18,277) 1,324
Change in operating assets and liabilities    
Accounts receivable, net (23,605) 96,376
Income taxes receivable 27,226 23,440
Inventories (74,136) 12,479
Prepaid expenses (9,990) (10,204)
Other current assets 8,772 (7,192)
Accounts payable 6,201 50,458
Interest payable (1,642) 7,014
Income taxes payable (11,485) (4,470)
Other current liabilities 6,471 (14,943)
Net cash provided by operating activities 564,454 693,214
Cash flows from investing activities:    
Proceeds from disposition of assets, net of cash sold 813,520 297,312
Investment in unconsolidated subsidiary (82,857) (108)
Additions to oil and gas properties (757,148) (461,502)
Additions to other assets and other property and equipment, net (215,367) (74,075)
Net cash used in investing activities (241,852) (238,373)
Cash flows from financing activities:    
Borrowings under long-term debt 72,610 182,997
Principal payments on long-term debt (115,810) (424,107)
Contributions from noncontrolling interests   1,151
Distributions to noncontrolling interests (13,366) (13,451)
Payments of other liabilities (305) (20,325)
Exercise of long-term incentive plan stock options 362 3,452
Purchases of treasury stock (39,218) (13,402)
Excess tax benefits from share-based payment arrangements 27,937 4,090
Payment of financing fees (8,739) (145)
Dividends paid (4,812) (4,783)
Net cash used in financing activities (81,341) (284,523)
Net increase in cash and cash equivalents 241,261 170,318
Cash and cash equivalents, beginning of period 111,160 27,368
Cash and cash equivalents, end of period $ 352,421 $ 197,686