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Statement of Consolidated Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 2,058 $ 1,333
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, and amortization 5,011 5,701
Asset retirement obligation accretion 196 172
Provision for deferred income taxes 225 174
Other 187 62
Changes in operating assets and liabilities:    
Receivables (27) 128
Inventories (40) 29
Drilling advances 117 (334)
Deferred charges and other (192) (200)
Accounts payable 190 168
Accrued expenses (394) (814)
Deferred credits and noncurrent liabilities 27 3
NET CASH PROVIDED BY OPERATING ACTIVITIES 7,358 6,422
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to oil and gas property (7,498) (6,387)
Additions to gas gathering, transmission, and processing facilities (859) (586)
Proceeds from divestiture of Gulf of Mexico Shelf properties 3,594  
Proceeds from Kitimat LNG transaction, net 396  
Proceeds from sale of other oil and gas properties 199 26
Acquisition of Cordillera Energy Partners III, LLC   (2,666)
Acquisition of Yara Pilbara Holdings Pty Limited   (439)
Acquisitions, other (156) (122)
Other, net (10) (386)
NET CASH USED IN INVESTING ACTIVITIES (4,334) (10,560)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Commercial paper and bank credit facilities, net (516) 1,827
Fixed rate debt borrowings   2,991
Payments on fixed rate debt (900) (400)
Dividends paid (280) (246)
Treasury stock activity, net (249) 2
Other 12 (13)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (1,933) 4,161
NET INCREASE IN CASH AND CASH EQUIVALENTS 1,091 23
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 160 295
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,251 318
SUPPLEMENTARY CASH FLOW DATA:    
Interest paid, net of capitalized interest 185 130
Income taxes paid, net of refunds $ 1,344 $ 1,876