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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING ACTIVITIES:      
Net income (loss) $ 1,065 $ 661 $ (922)
Adjustments to reconcile to net cash provided (used) by operating activities:      
Depreciation, depletion and amortization 756 1,614 1,507
Provision (benefit) for deferred income taxes 206 (179) (155)
Provision for loss on goodwill, investments, property and other assets 0 882 1,735
Net (gain) loss on dispositions of assets (52) (1) (82)
Gain on reconsolidation of Wilpro entities (Note 3) (144) 0 0
Amortization of stock-based awards 36 52 48
Early debt retirement costs 0 271 606
Cash provided (used) by changes in current assets and liabilities:      
Accounts and notes receivable 27 (197) (36)
Inventories 5 60 (81)
Other current assets and deferred charges 29 (15) 43
Accounts payable (110) 250 (14)
Accrued liabilities 0 51 (29)
Other, including changes in noncurrent assets and liabilities 17 (10) 31
Net cash provided (used) by operating activities 1,835 3,439 2,651
FINANCING ACTIVITIES:      
Proceeds from long-term debt 3,486 3,172 5,129
Payments of long-term debt (1,468) (2,055) (4,305)
Proceeds from issuance of common stock 2,550 49 12
Proceeds from sale of limited partner units of consolidated partnership 1,559 0 806
Dividends paid (742) (457) (284)
Dividends and distributions paid to noncontrolling interests (349) (214) (145)
Distributions paid to noncontrolling interests on sale of Wilpro assets (Note 3) (38) 0 0
Cash of WPX Energy, Inc. at spin-off 0 (526) 0
Payments for debt issuance costs (17) (50) (71)
Premiums paid on early debt retirements 0 (254) (574)
Other - net 55 (7) 5
Net cash provided (used) by financing activities 5,036 (342) 573
INVESTING ACTIVITIES:      
Capital expenditures (2,529) (2,796) (2,788)
Purchases of and contributions to equity method investments (2,651) (211) (488)
Purchases of businesses (2,049) (41) (1,099)
Proceeds from dispositions of investments 79 16 46
Cash of Wilpro entities upon reconsolidation (Note 3) 121 0 0
Other - net 108 29 33
Net cash provided (used) by investing activities (6,921) (3,003) (4,296)
Increase (decrease) in cash and cash equivalents (50) 94 (1,072)
Cash and cash equivalents at beginning of year 889    
Cash and cash equivalents at beginning of year   795 1,867
Cash and cash equivalents at end of year 839 889  
Cash and cash equivalents at end of year     795
Increases to property, plant and equipment (2,755) (2,953) (2,755)
Changes in related accounts payable and accrued liabilities 226 157 (33)
Capital expenditures $ (2,529) $ (2,796) $ (2,788)