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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows From Operating Activities    
Net income (loss) $ (2,391) $ (3,540)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation, depletion and amortization 5,212 7,001
Impairments 6,475 321
Dry hole costs and leasehold impairments 435 1,010
Accretion on discounted liabilities 276 329
Deferred taxes (2,770) (2,152)
Distributions received greater than equity losses (undistributed equity earnings) (193) 414
Gain on dispositions (2,144) (202)
Other (367) (50)
Working capital adjustments    
Decrease (increase) in accounts and notes receivable 65 1,112
Decrease (increase) in inventories (15) 22
Decrease (increase) in prepaid expenses and other current assets (12) 46
Increase (decrease) in accounts payable (212) (515)
Increase (decrease) in taxes and other accruals 237 (836)
Net cash provided by operating activities 4,596 2,960
Cash Flows From Investing Activities    
Capital expenditures and investments (3,074) (3,870)
Working capital changes associated with investing activities (18) (401)
Proceeds from asset dispositions 13,740 419
Net sales (purchases) of short-term investments (2,583) (229)
Collection of advances/loans-related parties 115 108
Other 51 61
Net Cash Provided by (Used in) Investing Activities 8,231 (3,912)
Cash Flows From Financing Activities    
Issuance of debt 0 4,594
Repayment of debt (6,594) (839)
Issuance of company common stock (65) (52)
Repurchase of company common stock (2,045) 0
Dividends paid (986) (940)
Other (80) (93)
Net Cash Provided by (Used in) Financing Activities (9,770) 2,670
Effect of Exchange Rate Changes on Cash and Cash Equivalents 244 4
Net Change in Cash and Cash Equivalents 3,301 1,722
Cash and cash equivalents at beginning of period 3,610 2,368
Cash and Cash Equivalents at End of Period $ 6,911 $ 4,090