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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING ACTIVITIES:    
Net income (loss) $ 422 $ 660
Adjustments to reconcile to net cash provided (used) by operating activities:    
Depreciation and amortization 399 349
Provision (benefit) for deferred income taxes 261 117
Net (gain) loss on dispositions of assets (1) (61)
Gain on reconsolidation of Wilpro entities (Note 3) 0 (144)
Amortization of stock-based awards 20 18
Cash provided (used) by changes in current assets and liabilities:    
Accounts and notes receivable (10) 88
Inventories 2 10
Other current assets and deferred charges (8) 39
Accounts payable (22) (174)
Accrued liabilities 42 (41)
Other, including changes in noncurrent assets and liabilities 58 (3)
Net cash provided (used) by operating activities 1,163 858
FINANCING ACTIVITIES:    
Proceeds from (payments of) commercial paper - net 710 0
Proceeds from long-term debt 1,705 500
Payments of long-term debt (2,081) (180)
Proceeds from issuance of common stock 9 928
Proceeds from sale of limited partner units of consolidated partnership 617 1,071
Dividends paid (472) (342)
Dividends and distributions paid to noncontrolling interests (224) (152)
Distributions paid to noncontrolling interests on sale of Wilpro assets (Note 3) 0 (38)
Contributions from noncontrolling interests 272 2
Other - net 12 33
Net cash provided (used) by financing activities 548 1,822
INVESTING ACTIVITIES:    
Capital expenditures (1,530) (922)
Purchases of and contributions to equity method investments (188) (184)
Purchases of businesses 0 (2,049)
Proceeds from dispositions of investments 0 78
Cash of Wilpro entities upon reconsolidation (Note 3) 0 121
Other - net (8) 66
Net cash provided (used) by investing activities (1,726) (2,890)
Increase (decrease) in cash and cash equivalents (15) (210)
Cash and cash equivalents at beginning of period 839 889
Cash and cash equivalents at end of period 824 679
Increases to property, plant and equipment (1,605) (999)
Changes in related accounts payable and accrued liabilities 75 77
Capital expenditures $ (1,530) $ (922)