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STATEMENT OF CONSOLIDATED CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME INCLUDING NONCONTROLLING INTEREST $ 334 $ 717
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss from discontinued operations 517 61
Depreciation, depletion, and amortization 1,206 1,312
Asset retirement obligation accretion 44 63
Provision for deferred income taxes 162 105
Other (41) 37
Changes in operating assets and liabilities:    
Receivables 389 (19)
Inventories 85 50
Drilling advances 37 219
Deferred charges and other (74) (17)
Accounts payable (170) 56
Accrued expenses (286) (20)
Deferred credits and noncurrent liabilities 8 (7)
NET CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES 2,211 2,557
NET CASH PROVIDED BY DISCONTINUED OPERATIONS 82 64
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,293 2,621
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to oil and gas property (2,362) (2,511)
Additions to gas gathering, transmission and processing facilities (344) (254)
Proceeds from Kitimat LNG transaction, net   405
Acquisitions, other   (148)
Other, net 9 (41)
NET CASH PROVIDED BY -USED IN) CONTINUING INVESTING ACTIVITIES (2,697) (2,549)
NET CASH PROVIDED BY (USED IN) DISCONTINUED OPERATIONS 748 (43)
NET CASH USED IN INVESTING ACTIVITIES (1,949) (2,592)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Commercial paper and bank credit facilities, net (2) 155
Dividends paid (79) (86)
Treasury stock activity, net (484)  
Other   12
NET CASH PROVIDED BY (USED IN) CONTINUING FINANCING ACTIVITIES (565) 81
NET CASH USED IN DISCONTINUED OPERATIONS (42) (22)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (607) 59
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (263) 88
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 1,906 160
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,643 248
SUPPLEMENTARY CASH FLOW DATA:    
Interest paid, net of capitalized interest 70 62
Income taxes paid, net of refunds $ 491 $ 487