Cash, Cash Equivalents and Restricted Cash (Tables)

9 Months Ended

Sep. 30, 2019

Cash and Cash Equivalents [Abstract]

Restrictions on Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash as reported within our Consolidated Condensed Statements of Cash Flows:

	September 30,
Millions of dollars	2019		2018
Cash and cash equivalents as presented in our Consolidated Condensed Balance Sheets	$	993	$	1,032
Restricted cash included in prepaid and other current assets (1)	6		45
Restricted cash included in other noncurrent assets (1)	—		5
Cash, cash equivalents and restricted cash as presented in our Consolidated Condensed Statements of Cash Flows	$	999	$	1,082

⁽¹⁾Change in restricted cash reflects realization of foreign currency translation adjustments of $1 million and $3 million, respectively, for the nine months ended September 30, 2019 and 2018 compared to the prior fiscal year end.

	December 31,
Millions of dollars	2018		2017
Cash and cash equivalents as presented in our Consolidated Balance Sheets	$	1,498	$	1,196
Restricted cash included in prepaid and other current assets	40		48
Restricted cash included in other noncurrent assets	—		49
Cash, cash equivalents and restricted cash as presented in our Consolidated Statements of Cash Flows	$	1,538	$	1,293

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash as reported within our Consolidated Condensed Statements of Cash Flows:

	September 30,
Millions of dollars	2019		2018
Cash and cash equivalents as presented in our Consolidated Condensed Balance Sheets	$	993	$	1,032
Restricted cash included in prepaid and other current assets (1)	6		45
Restricted cash included in other noncurrent assets (1)	—		5
Cash, cash equivalents and restricted cash as presented in our Consolidated Condensed Statements of Cash Flows	$	999	$	1,082

⁽¹⁾Change in restricted cash reflects realization of foreign currency translation adjustments of $1 million and $3 million, respectively, for the nine months ended September 30, 2019 and 2018 compared to the prior fiscal year end.

	December 31,
Millions of dollars	2018		2017
Cash and cash equivalents as presented in our Consolidated Balance Sheets	$	1,498	$	1,196
Restricted cash included in prepaid and other current assets	40		48
Restricted cash included in other noncurrent assets	—		49
Cash, cash equivalents and restricted cash as presented in our Consolidated Statements of Cash Flows	$	1,538	$	1,293