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STATEMENT OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income including noncontrolling interest $ 636 $ 985
Adjustments to reconcile net income to net cash provided by operating activities:    
Unrealized derivative instrument (gain) loss, net (88) 42
Gain on divestitures (10) (616)
Exploratory dry hole expense and unproved leasehold impairments 133 350
Depreciation, depletion, and amortization 1,771 1,707
Asset retirement obligation accretion 81 103
Impairments 10 8
Deferred income tax benefit (43) (758)
Loss on extinguishment of debt 94 1
Other 147 166
Changes in operating assets and liabilities:    
Receivables (113) (70)
Inventories (7) 17
Drilling advances (22) (72)
Deferred charges and other 91 (60)
Accounts payable 110 2
Accrued expenses (54) (65)
Deferred credits and noncurrent liabilities (2) 20
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,734 1,760
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to oil and gas property (2,338) (1,471)
Leasehold and property acquisitions (86) (142)
Additions to gas gathering, transmission, and processing facilities (412) (384)
Proceeds from sale of Canadian assets, net of cash divested 0 661
Proceeds from sale of oil and gas properties 51 743
Other, net (55) (30)
NET CASH USED IN INVESTING ACTIVITIES (2,840) (623)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Fixed-rate debt borrowings 992 0
Payments on fixed-rate debt (1,370) (70)
Distributions to noncontrolling interest (256) (212)
Dividends paid (287) (285)
Other (48) (5)
NET CASH USED IN FINANCING ACTIVITIES (969) (572)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (1,075) 565
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 1,668 1,377
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 593 1,942
SUPPLEMENTARY CASH FLOW DATA:    
Interest paid, net of capitalized interest 344 341
Income taxes paid, net of refunds $ 649 $ 315