XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows From Operating Activities    
Net income (loss) $ 1,846 $ 900
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation, depletion and amortization 1,546 1,412
Impairments 1 12
Dry hole costs and leasehold impairments 27 20
Accretion on discounted liabilities 86 88
Deferred taxes (1) 65
Distributions received greater than equity losses (undistributed equity earnings) 24 (34)
Gain on dispositions (17) (7)
Other (564) 29
Working capital adjustments    
Decrease (increase) in accounts and notes receivable 179 139
Decrease (increase) in inventories (4) 12
Decrease (increase) in prepaid expenses and other current assets 62 (22)
Increase (decrease) in accounts payable (142) (181)
Increase (decrease) in taxes and other accruals (149) (34)
Net cash provided by operating activities 2,894 2,399
Cash Flows From Investing Activities    
Capital expenditures and investments (1,637) (1,535)
Working capital changes associated with investing activities 107 28
Proceeds from asset dispositions 142 169
Net Sales (Purchases) of Short Term Investments (1) 1,593
Collection of advances/loans-related parties 62 59
Other (150) (392)
Net Cash Provided by (Used in) Investing Activities (1,477) (78)
Cash Flows From Financing Activities    
Issuance of debt 0 0
Repayment of debt (19) (2,888)
Issuance of company common stock (38) (18)
Repurchase of company common stock (752) (500)
Dividends paid (350) (338)
Other (14) (32)
Net Cash Provided by (Used in) Financing Activities (1,173) (3,776)
Effect of Exchange Rate Changes on Cash and Cash Equivalents and Restricted Cash 75 125
Net Change in Cash and Cash Equivalents and Restricted Cash Increase (Decrease) 319 (1,330)
Cash and Cash Equivalents and Restricted Cash at beginning of period 6,151 [1] 6,536
Cash and Cash Equivalents and Restricted Cash at end of period [3] 6,470 [2] $ 5,206
Prepaid Expenses and Other Current Assets [Member]    
Restricted Cash 89  
Other Assets [Member]    
Restricted Cash $ 163  
[1]
Restricted cash totaling $236 million is included in the "Other assets" line of our Consolidated Balance Sheet as of December 31, 2018.
[2]
Restricted cash of $89 million and $163 million are included in the "Prepaid expenses and other current assets" and "Other assets" lines, respectively, of our Consolidated Balance Sheet as of March 31, 2019.
[3]
See Notes to Consolidated Financial Statements.