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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 1,251 $ 160
Receivables, net of allowance 3,086 3,086
Inventories 889 908
Drilling advances 452 584
Derivative instruments 3 31
Prepaid assets and other 335 193
Total current assets 6,016 4,962
Oil and gas, on the basis of full-cost accounting:    
Proved properties 81,111 78,383
Unproved properties and properties under development, not being amortized 8,328 8,754
Gathering, transmission and processing facilities 6,791 5,955
Other 1,071 1,055
Property and equipment, gross 97,301 94,147
Less: Accumulated depreciation, depletion and amortization (45,839) (40,867)
Property and equipment, net 51,462 53,280
OTHER ASSETS:    
Goodwill 1,369 1,289
Deferred charges and other 1,392 1,206
Total assets 60,239 60,737
CURRENT LIABILITIES:    
Accounts payable 1,345 1,092
Current debt 57 990
Current asset retirement obligation 139 478
Derivative instruments 205 116
Other current liabilities 2,777 2,860
Total current liabilities 4,523 5,536
LONG-TERM DEBT 10,868 11,355
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Income taxes 8,297 8,024
Asset retirement obligation 3,123 4,100
Other 447 391
Total deferred credits and other noncurrent liabilities 11,867 12,515
COMMITMENTS AND CONTINGENCIES (Note 8)      
SHAREHOLDERS' EQUITY:    
Preferred stock, no par value, 10,000,000 shares authorized, 6% Cumulative Mandatory Convertible, Series D, $1,000 per share liquidation preference, 1,265,000 shares converted in 2013, 1,265,000 shares issued and outstanding in 2012   1,227
Common stock, $0.625 par, 860,000,000 shares authorized, 407,897,495 and 392,712,245 shares issued, respectively 255 245
Paid-in capital 11,191 9,859
Retained earnings 21,938 20,161
Treasury stock, at cost, 3,977,524 and 1,071,475 shares, respectively (280) (30)
Accumulated other comprehensive loss (123) (131)
Total shareholders' equity 32,981 31,331
Total liabilities and shareholders' equity $ 60,239 $ 60,737