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Statement of Consolidated Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 717 $ 797
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 1,435 1,740
Asset retirement obligation accretion 65 55
Provision for deferred income taxes 106 38
Other 35 18
Changes in operating assets and liabilities:    
Receivables (12) (82)
Inventories 51 67
Drilling advances 222 (136)
Deferred charges and other (6) (11)
Accounts payable 57 (67)
Accrued expenses (33) (426)
Deferred credits and noncurrent liabilities (16) 14
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,621 2,007
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to oil and gas property (2,546) (1,705)
Additions to gas gathering, transmission and processing facilities (256) (262)
Proceeds from Kitimat LNG transaction, net 405  
Acquisition of Yara Pilbara Holdings Pty Limited   (439)
Acquisitions, other (148) (200)
Other, net (47) (36)
NET CASH USED IN INVESTING ACTIVITIES (2,592) (2,642)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Commercial paper and bank credit facilities, net 133 657
Dividends paid (86) (77)
Other 12 5
NET CASH PROVIDED BY FINANCING ACTIVITIES 59 585
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 88 (50)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 160 295
CASH AND CASH EQUIVALENTS AT END OF PERIOD 248 245
SUPPLEMENTARY CASH FLOW DATA:    
Interest paid, net of capitalized interest 62 88
Income taxes paid, net of refunds $ 487 $ 809