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Statement of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
[2]
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss including noncontrolling interest $ (1,130) $ (6,239) [1]
Adjustments to reconcile net loss to net cash provided by operating activities:    
Loss from discontinued operations 33 135 [1]
Gain on divestitures (21) (204) [1]
Exploratory dry hole expense and unproved leasehold impairments 260 584
Depreciation, depletion, and amortization 1,995 2,492
Asset retirement obligation accretion 116 109 [1]
Impairments 1,009 6,327 [1]
Deferred income tax benefit (755) (1,299) [1]
Other 126 80
Changes in operating assets and liabilities:    
Receivables 192 585
Inventories (2) 54
Drilling advances (36) 125
Deferred charges and other 40 (117)
Accounts payable (93) (463)
Accrued expenses (67) 109
Deferred credits and noncurrent liabilities (33) 102
NET CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES 1,634 2,380
NET CASH PROVIDED BY DISCONTINUED OPERATIONS 0 113
NET CASH PROVIDED BY OPERATING ACTIVITIES 1,634 2,493
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to oil and gas property (1,281) (3,562)
Leasehold and property acquisitions (169) (254)
Additions to gas gathering, transmission, and processing facilities (33) (113)
Proceeds from sale of Kitimat LNG project 0 854
Proceeds from sale of other oil and gas properties 74 148
Other, net 47 (99)
NET CASH USED IN CONTINUING INVESTING ACTIVITIES (1,362) (3,026)
NET CASH PROVIDED BY DISCONTINUED OPERATIONS 0 4,372
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (1,362) 1,346
CASH FLOWS FROM FINANCING ACTIVITIES:    
Commercial paper and bank credit facilities, net 0 (1,570)
Payment of fixed-rate debt (1) (939)
Distributions to noncontrolling interest (215) (97)
Dividends paid (284) (283)
Other (9) 26
NET CASH USED IN FINANCING ACTIVITIES (509) (2,863)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (237) 976
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 1,467 [3] 679
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,230 1,655
SUPPLEMENTARY CASH FLOW DATA:    
Interest paid, net of capitalized interest 345 385
Income taxes paid, net of refunds $ 256 $ 270
[1] Financial information for 2015 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.
[2] Financial information for 2015 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.
[3] Financial information for 2015 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.