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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net income (loss) $ 76.9 $ (863.8)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 191.8 240.0
Deferred income taxes 45.6 (446.7)
Impairment 0.1 1,182.4
Bargain purchase gain from acquisition 0.4 0.0
Share-based compensation 6.0 8.0
Amortization of debt issuance costs and discounts 1.5 1.6
Net (gain) loss from asset sales 0.0 (0.5)
Unrealized (gains) losses on marketable securities (0.8) (0.2)
Unrealized (gains) losses on derivative contracts (177.3) 13.5
Changes in operating assets and liabilities 5.2 (52.6)
Net Cash Provided by (Used in) Operating Activities 149.4 81.7
INVESTING ACTIVITIES    
Property acquisitions (68.2) (14.8)
Property, plant and equipment, including dry exploratory well expense (177.3) (185.8)
Proceeds from disposition of assets 0.2 22.9
Net Cash Provided by (Used in) Investing Activities (245.3) (177.7)
FINANCING ACTIVITIES    
Checks outstanding in excess of cash balances (3.1) (29.8)
Treasury stock repurchases (6.4) (2.9)
Other capital contributions 0.0 0.2
Proceeds from issuance of common stock, net 0.0 368.6
Excess tax (provision) benefit on share-based compensation 0.0 0.2
Net Cash Provided by (Used in) Financing Activities (9.5) 336.3
Change in cash and cash equivalents (105.4) 240.3
Beginning cash and cash equivalents 443.8 376.1
Ending cash and cash equivalents 338.4 616.4
Supplemental Disclosures:    
Cash paid for interest, net of capitalized interest 32.3 37.8
Cash paid (refund received) for income taxes 0.0 32.0
Non-cash Investing Activities    
Change in capital expenditure accruals and other non-cash adjustments $ 37.0 $ (22.6)