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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
OPERATING ACTIVITIES    
Net income (loss) $ (863.8) $ (55.6)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 240.0 195.4
Deferred income taxes (446.7) (4.8)
Impairment 1,182.4 20.0
Share-based compensation 8.0 9.1
Amortization of debt issuance costs and discounts 1.6 1.9
Net (gain) loss from asset sales (0.5) 30.5
Unrealized (gains) losses on marketable securities (0.2) 0.0
Unrealized (gains) losses on derivative contracts 13.5 23.5
Changes in operating assets and liabilities (52.6) (492.7)
Net Cash Provided by (Used in) Operating Activities 81.7 (272.7)
INVESTING ACTIVITIES    
Property acquisitions (14.8) 0.0
Property, plant and equipment, including dry exploratory well expense (185.8) (342.1)
Proceeds from disposition of assets 22.9 1.6
Net Cash Provided by (Used in) Investing Activities (177.7) (340.5)
FINANCING ACTIVITIES    
Checks outstanding in excess of cash balances (29.8) (38.9)
Treasury stock repurchases (2.9) (1.9)
Other capital contributions 0.2 (0.4)
Dividends paid 0.0 (3.5)
Proceeds from issuance of common stock, net 368.6 0.0
Excess tax (provision) benefit on share-based compensation 0.2 (1.8)
Net Cash Provided by (Used in) Financing Activities 336.3 (46.5)
Change in cash and cash equivalents 240.3 (659.7)
Beginning cash and cash equivalents 376.1 1,160.1
Ending cash and cash equivalents 616.4 500.4
Supplemental Disclosures:    
Cash paid for interest, net of capitalized interest 37.8 37.6
Cash paid for income taxes 32.0 509.8
Non-cash Investing Activities    
Change in capital expenditure accruals and other non-cash adjustments $ (22.6) $ (59.2)