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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
OPERATING ACTIVITIES    
Net income (loss) $ (110.8) $ 118.5
Net income attributable to noncontrolling interest 0.0 17.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 649.3 755.8
Deferred income taxes 22.7 91.5
Impairment 35.5 3.6
Share-based compensation 23.3 23.7
Pension curtailment loss 11.2 0.0
Amortization of debt issuance costs and discounts 4.7 5.1
Net (gain) loss from asset sales (6.9) 210.3
Income from unconsolidated affiliates 0.0 (4.6)
Distributions from unconsolidated affiliates and other 0.0 5.1
Unrealized (gains) loss on derivative contracts 148.0 (65.9)
Changes in operating assets and liabilities (503.1) 59.0
Net Cash Provided by Operating Activities 273.9 1,219.7
INVESTING ACTIVITIES    
Property acquisitions (23.5) (949.7)
Property, plant and equipment, including dry exploratory well expense (862.6) (1,270.4)
Proceeds from disposition of assets 5.2 706.2
Acquisition deposit held in escrow 0.0 50.0
Other investing activities 0.0 3.2
Net Cash Used in Investing Activities (880.9) (1,460.7)
FINANCING ACTIVITIES    
Checks outstanding in excess of cash balances (41.9) (81.1)
Long-term debt issued 0.0 300.0
Long-term debt issuance costs paid 0.0 (1.1)
Proceeds from credit facility 0.0 4,509.0
Repayments of credit facility 0.0 (4,461.5)
Treasury stock repurchases (2.3) (6.6)
Other capital contributions (0.1) 5.1
Dividends paid (10.6) (10.8)
Excess tax (provision) benefit on equity-based compensation (2.4) (0.6)
Distribution to noncontrolling interest 0.0 (23.3)
Net Cash (Used In) Provided by Financing Activities (57.3) 229.1
Change in cash and cash equivalents (664.3) (11.9)
Beginning cash and cash equivalents 1,160.1 11.9
Ending cash and cash equivalents 495.8 0.0
Supplemental Disclosures:    
Cash paid for interest, net of capitalized interest 107.4 128.9
Cash paid for income taxes 492.3 (1.1)
Non-cash investing activities    
Change in capital expenditure accrual balance $ (68.9) $ 66.5