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STATEMENT OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) including noncontrolling interests $ (4,904) $ (3,682) $ 286
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Unrealized derivative instrument losses (gains), net 87 44 (103)
Gain on divestitures, net (32) (43) (23)
Exploratory dry hole expense and unproved leasehold impairments 211 676 351
Depreciation, depletion, and amortization 1,772 2,680 2,405
Asset retirement obligation accretion 109 107 108
Impairments 4,501 2,949 511
Provision for (benefit from) deferred income taxes (112) 14 (222)
Loss (gain) from extinguishment of debt (160) 75 94
Other 102 50 125
Changes in operating assets and liabilities:      
Receivables 149 133 150
Inventories 19 (41) (6)
Drilling advances (21) (21) (11)
Deferred charges and other (21) 51 83
Accounts payable (167) (5) 77
Accrued expenses (163) (84) 5
Deferred credits and noncurrent liabilities 18 (36) (53)
NET CASH PROVIDED BY OPERATING ACTIVITIES 1,388 2,867 3,777
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to oil and gas property (1,270) (2,594) (3,190)
Additions to Altus gathering, processing, and transmission (GPT) facilities (28) (327) (581)
Leasehold and property acquisitions (4) (40) (133)
Contributions to Altus equity method interests (327) (501) 0
Acquisition of Altus equity method interests 0 (671) (91)
Proceeds from asset divestitures 166 718 138
Other (3) (31) (87)
NET CASH USED IN INVESTING ACTIVITIES (1,466) (3,446) (3,944)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from Apache credit facility, net 150 0 0
Proceeds from Altus credit facility 228 396 0
Fixed rate debt borrowings 1,238 989 992
Payments on fixed-rate debt (1,243) (1,150) (1,370)
Proceeds from Altus transaction 0 0 628
Distributions to noncontrolling interest - Egypt (91) (305) (345)
Distributions to Altus Preferred Unit limited partners (23) 0 0
Redeemable noncontrolling interest - Altus Preferred Unit limited partners 0 611 0
Dividends paid (123) (376) (382)
Treasury stock activity, net 1 2 (305)
Other (44) (55) (5)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 93 112 (787)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 15 (467) (954)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 247 714 1,668
CASH AND CASH EQUIVALENTS AT END OF PERIOD 262 247 714
SUPPLEMENTARY CASH FLOW DATA:      
Interest paid, net of capitalized interest 419 394 402
Income taxes paid, net of refunds $ 212 $ 649 $ 867