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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES    
Net income (loss) $ (41.8) $ 176.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 489.9 504.0
Deferred income taxes 15.8 121.0
Impairment 3.5 0.2
Equity-based compensation 13.4 13.2
Amortization of debt issuance costs and discounts 3.4 3.1
Net (gain) loss from asset sales 198.6 (100.2)
Income from unconsolidated affiliates (3.4) (2.9)
Distributions from unconsolidated affiliates and other 6.3 4.1
Unrealized loss on derivative contracts 98.2 1.4
Changes in operating assets and liabilities 76.4 (222.1)
Net Cash Provided by Operating Activities 860.3 497.9
INVESTING ACTIVITIES    
Property acquisitions (949.4) (22.0)
Property, plant and equipment, including dry exploratory well expense (779.0) (719.9)
Proceeds from disposition of assets 706.3 143.0
Acquisition deposit held in escrow 50.0 0
Net Cash Used in Investing Activities (972.1) (598.9)
FINANCING ACTIVITIES    
Checks outstanding in excess of cash balances (85.2) 55.8
Long-term debt issued 300.0 0
Long-term debt issuance costs paid (1.1) 0
Proceeds from credit facility 3,151.0 1,601.0
Repayments of credit facility (2,538.0) (1,402.5)
Treasury stock repurchases (5.5) (7.5)
Other capital contributions 4.1 2.9
Dividends paid (7.3) (7.2)
Excess tax (provisions) benefit on equity-based compensation (0.6) 1.3
Distribution to noncontrolling interest (15.2) (3.1)
Net Cash Provided by Financing Activities 802.2 240.7
Change in cash and cash equivalents 690.4 139.7
Beginning cash and cash equivalents 11.9 0
Ending cash and cash equivalents 702.3 139.7
Supplemental Disclosures:    
Cash paid for interest, net of capitalized interest 84.9 76.7
Cash paid for income taxes 0.2 41.5
Non-cash investing activities    
Change in capital expenditure accrual balance $ 26.3 $ 2.8