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Statement of Consolidated Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 1,752 $ 1,153
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, and amortization 2,839 3,672
Asset retirement obligation accretion 130 112
Provision for deferred income taxes 425 33
Other (190) 56
Changes in operating assets and liabilities:    
Receivables 142 490
Inventories (32) 24
Drilling advances 281 (125)
Deferred charges and other (135) (53)
Accounts payable 190 (113)
Accrued expenses (13) (472)
Deferred credits and noncurrent liabilities (9) 22
NET CASH PROVIDED BY OPERATING ACTIVITIES 5,380 4,799
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to oil and gas property (5,138) (3,756)
Additions to gas gathering, transmission, and processing facilities (495) (442)
Acquisition of Cordillera Energy Partners III, LLC   (2,607)
Proceeds from Kitimat LNG transaction, net 405  
Acquisition of Yara Pilbara Holdings Pty Limited   (439)
Acquisitions, other (148) (65)
Other, net 12 (277)
NET CASH USED IN INVESTING ACTIVITIES (5,364) (7,586)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Commercial paper and bank credit facilities, net 931 431
Fixed rate debt borrowings   2,991
Payments on fixed rate debt (500) (400)
Dividends paid (183) (161)
Treasury stock activity, net (249) 2
Other 9 (10)
NET CASH PROVIDED BY -USED IN) FINANCING ACTIVITIES 8 2,853
NET INCREASE IN CASH AND CASH EQUIVALENTS 24 66
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 160 295
CASH AND CASH EQUIVALENTS AT END OF PERIOD 184 361
SUPPLEMENTARY CASH FLOW DATA:    
Interest paid, net of capitalized interest 79 64
Income taxes paid, net of refunds $ 802 $ 1,277