XML 17 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
Statement of Consolidated Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows From Operating Activities    
Net income (loss) $ (488) $ (389)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation, depletion and amortization 868 956
Exploratory dry hole costs 85 169
Exploration lease impairment 9 54
Stock compensation expense 25 26
Provision (benefit) for deferred income taxes and other tax accruals (351) (347)
(Income) loss from discontinued operations, net of income taxes 0 13
Change in operating assets and liabilities    
(Increase) decrease in accounts receivable 317 319
(Increase) decrease in inventories (13) (27)
Increase (decrease) in accounts payable and accrued liabilities (360) (222)
Increase (decrease) in taxes payable (15) (14)
Change in other operating assets and liabilities (137) (91)
Cash provided by (used in) operating activities - continuing operations (60) 447
Cash provided by (used in) operating activities - discontinued operations 0 (11)
Net cash provided by (used in) operating activities (60) 436
Cash Flows From Investing Activities    
Additions to property, plant and equipment - E&P (568) (1,251)
Additions to property, plant and equipment - Bakken Midstream (52) (60)
Other, net 7 (10)
Cash provided by (used in) investing activities - continuing operations (613) (1,321)
Cash provided by (used in) investing activities - discontinued operations 0 95
Net cash provided by (used in) investing activities (613) (1,226)
Cash Flows From Financing Activities    
Debt with maturities of greater than 90 days – Borrowings 5 0
Debt with maturities of greater than 90 days – Repayments (17) (17)
Proceeds from issuance of preferred stock 557 0
Proceeds from issuance of common stock 1,087 0
Common stock acquired and retired 0 (67)
Cash dividends paid (80) (72)
Other, net (38) 8
Cash provided by (used in) financing activities - continuing operations 1,514 (148)
Cash provided by (used in) financing activities - discontinued operations 0 0
Net cash provided by (used in) financing activities 1,514 (148)
Net Increase (Decrease) in Cash and Cash Equivalents 841 (938)
Cash and Cash Equivalents at Beginning of Year 2,716 2,444
Cash and Cash Equivalents at End of Period $ 3,557 $ 1,506