XML 25 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Statement of Consolidated Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
NET LOSS INCLUDING NONCONTROLLING INTEREST $ (1,273) $ (10,667) [1],[2],[3],[4] $ (8,019) [1],[2],[3],[4]
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Loss (income) from discontinued operations 33 (492) [2],[3] 1,707 [2],[3]
Loss (gain) on divestitures (21) (281) [2],[3] 1,608 [2],[3]
Exploratory dry hole expense and unproved leasehold impairments 353 2,595 [3] 2,294 [3]
Depreciation, depletion, and amortization 2,618 3,300 [3] 4,526 [3]
Asset retirement obligation accretion 156 145 [2],[3] 154 [2],[3]
Impairments 1,103 9,472 [2],[3] 7,102 [2],[3]
Benefit from deferred income taxes (833) (1,445) [2],[3] (1,799) [2],[3]
Other 164 7 [3] (231) [3]
Changes in operating assets and liabilities:      
Receivables 126 663 [3] 757 [3]
Inventories (27) 21 [3] (31) [3]
Drilling advances 91 138 [3] 107 [3]
Deferred charges and other 115 (345) [3] (301) [3]
Accounts payable (63) (489) [3] (216) [3]
Accrued expenses (9) (156) [3] (572) [3]
Deferred credits and noncurrent liabilities (80) 88 [3] (73) [3]
NET CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES 2,453 2,554 [3] 7,013 [3]
NET CASH PROVIDED BY (USED IN) DISCONTINUED OPERATIONS (23) 113 [3] 944 [3]
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,430 2,667 [3] 7,957 [3]
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to oil and gas property (1,610) (4,208) [3] (8,608) [3]
Additions to gas gathering, transmission, and processing facilities (158) (233) [3] (881) [3]
Leasehold and property acquisitions (181) (367) [3] (1,475) [3]
Proceeds from sale of Kitimat LNG 0 854 [3] 0 [3]
Proceeds from sale of Yara Pilbara 0 391 [3] 0 [3]
Proceeds from sale of oil and gas properties, other 134 268 [3] 470 [3]
Other, net 155 6 [3] (299) [3]
NET CASH USED IN CONTINUING INVESTING ACTIVITIES (1,660) (3,289) [3] (8,171) [3]
NET CASH PROVIDED BY (USED IN) DISCONTINUED OPERATIONS 0 4,372 [3] (219) [3]
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (1,660) 1,083 [3] (8,390) [3]
CASH FLOWS FROM FINANCING ACTIVITIES:      
Commercial paper, credit facilities and bank notes, net 0 (1,570) [3] 1,568 [3]
Payments on fixed rate debt (181) (939) [3] 0 [3]
Distributions to noncontrolling interest (293) (129) [3] (140) [3]
Dividends paid (379) (377) [3] (365) [3]
Treasury stock activity, net 0 0 [3] (1,864) [3]
Other (7) 53 [3] 49 [3]
NET CASH USED IN CONTINUING FINANCING ACTIVITIES (860) (2,962) [3] (752) [3]
NET CASH USED IN DISCONTINUED OPERATIONS 0 0 [3] (42) [3]
NET CASH USED IN FINANCING ACTIVITIES (860) (2,962) [3] (794) [3]
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (90) 788 [3] (1,227) [3]
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR [3] 1,467 [5] 679 1,906
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,377 1,467 [3],[5] 679 [3]
SUPPLEMENTARY CASH FLOW DATA:      
Interest paid, net of capitalized interest 413 461 [3] 260 [3]
Income taxes paid, net of refunds 305 573 [3] 1,357 [3]
Deepwater Gulf of Mexico [Member]      
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from sale of productive assets 0 0 [3] 1,360 [3]
Anadarko Basin and Southern Louisiana [Member]      
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from sale of productive assets $ 0 $ 0 [3] $ 1,262 [3]
[1] Financial information for 2015 and 2014 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.
[2] Financial information for 2015 and 2014 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.
[3] Financial information for 2015 and 2014 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.
[4] Financial information for 2015, 2014, and 2013 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.
[5] Financial information for 2015 has been recast to reflect retrospective application of the successful efforts method of accounting. See Note 1.