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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES    
Net income (loss) $ 119.0 $ (1,111.7)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 560.2 667.5
Deferred income taxes 68.5 (581.1)
Impairment 28.4 1,188.2
Bargain purchase gain from acquisition 0.4 (4.4)
Other non-cash activity (9.4) 0.0
Dry hole exploratory well expense 21.2 0.0
Share-based compensation 13.5 29.0
Amortization of debt issuance costs and discounts 4.8 4.8
Net (gain) loss from asset sales (205.2) (5.0)
Unrealized (gains) losses on marketable securities (2.1) (1.2)
Unrealized (gains) losses on derivative contracts (161.6) 218.6
Changes in operating assets and liabilities 44.1 128.2
Net Cash Provided by (Used in) Operating Activities 481.8 532.9
INVESTING ACTIVITIES    
Property acquisitions (94.5) (39.9)
Acquisition deposit held in escrow (36.6) (30.0)
Property, plant and equipment, including dry exploratory well expense (779.6) (411.2)
Proceeds from disposition of assets 787.9 28.9
Net Cash Provided by (Used in) Investing Activities (122.8) (452.2)
FINANCING ACTIVITIES    
Checks outstanding in excess of cash balances (12.3) (25.5)
Repayments of senior notes 0.0 (176.8)
Long-term debt issuance costs paid (1.1) 0.0
Proceeds from credit facility 2.0 0.0
Repayments of credit facility (2.0) 0.0
Treasury stock repurchases (6.8) (4.1)
Proceeds from issuance of common stock, net 0.0 781.6
Excess tax (provision) benefit on share-based compensation 0.0 0.2
Net Cash Provided by (Used in) Financing Activities (20.2) 575.4
Change in cash and cash equivalents 338.8 656.1
Beginning cash and cash equivalents 443.8 376.1
Ending cash and cash equivalents 782.6 1,032.2
Supplemental Disclosures:    
Cash paid for interest, net of capitalized interest 96.6 107.0
Cash paid (refund received) for income taxes 0.5 (123.3)
Non-cash Investing Activities    
Change in capital expenditure accruals and other non-cash adjustments $ 68.0 $ (20.4)