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STATEMENT OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:      
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST $ 1,503,000 $ (1,273,000) $ (10,667,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Loss (income) from discontinued operations 0 33,000 (492,000)
Unrealized derivative instrument losses, net 59,000 0 0
Gain on divestitures (627,000) (21,000) (281,000)
Exploratory dry hole expense and unproved leasehold impairments 429,000 353,000 2,595,000
Depreciation, depletion, and amortization 2,280,000 2,618,000 3,300,000
Asset retirement obligation accretion 130,000 156,000 145,000
Impairments 8,000 1,103,000 9,472,000
Benefit from deferred income taxes (1,180,000) (833,000) (1,445,000)
Other 146,000 164,000 7,000
Changes in operating assets and liabilities:      
Receivables (270,000) 126,000 663,000
Inventories 32,000 (27,000) 21,000
Drilling advances (128,000) 91,000 138,000
Deferred charges and other (58,000) 115,000 (345,000)
Accounts payable 63,000 (63,000) (489,000)
Accrued expenses 4,000 (9,000) (156,000)
Deferred credits and noncurrent liabilities 37,000 (80,000) 88,000
NET CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES 2,428,000 2,453,000 2,554,000
NET CASH PROVIDED BY (USED IN) DISCONTINUED OPERATIONS 0 (23,000) 113,000
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,428,000 2,430,000 2,667,000
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to oil and gas property (2,052,000) (1,610,000) (4,208,000)
Additions to gas gathering, transmission, and processing facilities (530,000) (158,000) (233,000)
Leasehold and property acquisitions (178,000) (181,000) (367,000)
Proceeds from sale of Kitimat LNG 0 0 854,000
Proceeds from sale of Yara Pilbara 0 0 391,000
Proceeds from sale of Canadian assets, net of cash divested 661,000 0 0
Proceeds from sale of oil and gas properties, other 758,000 134,000 268,000
Other, net (75,000) 155,000 6,000
NET CASH USED IN CONTINUING INVESTING ACTIVITIES (1,416,000) (1,660,000) (3,289,000)
NET CASH PROVIDED BY DISCONTINUED OPERATIONS 0 0 4,372,000
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (1,416,000) (1,660,000) 1,083,000
CASH FLOWS FROM FINANCING ACTIVITIES:      
Commercial paper, credit facilities and bank notes, net 0 0 (1,570,000)
Payments on fixed-rate debt (70,000) (181,000) (939,000)
Distributions to noncontrolling interest (265,000) (293,000) (129,000)
Dividends paid (380,000) (379,000) (377,000)
Other (6,000) (7,000) 53,000
NET CASH USED IN FINANCING ACTIVITIES (721,000) (860,000) (2,962,000)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 291,000 (90,000) 788,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 1,377,000 1,467,000 679,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,668,000 1,377,000 1,467,000
SUPPLEMENTARY CASH FLOW DATA:      
Interest paid, net of capitalized interest 405,000 413,000 461,000
Income taxes paid, net of refunds $ 516,000 $ 305,000 $ 573,000