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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities      
Net income $ 970,876 $ 872,702 [1] $ 798,081 [1]
Adjustments to reconcile net income to net cash provided by operating activities      
Income from discontinued operations (6,830) (143,231) [1] (49,001) [1]
Depreciation, depletion and amortization 1,375,577 1,079,750 [1] 1,092,107 [1]
Impairment of long-lived assets 260,988 368,600 [1] 0 [1]
Amortization of deferred major repair costs 22,818 23,076 [1] 15,561 [1]
Expenditures for asset retirements (40,434) (21,490) [1] (36,496) [1]
Dry hole costs 181,924 250,954 [1] 74,891 [1]
Amortization of undeveloped leases 129,750 118,211 [1] 108,026 [1]
Accretion of asset retirement obligations 39,341 34,724 [1] 29,580 [1]
Deferred and noncurrent income tax charges 316,587 156,983 [1] 146,583 [1]
Pretax (gains) losses from disposition of assets 1,258 (22,679) [1] (884) [1]
Net decrease (increase) in noncash operating working capital (401,103) (825,705) [1] 639,612 [1]
Other operating activities - net 144,388 67,955 [1] 151,012 [1]
Net cash provided by continuing operations 2,995,140 1,959,850 [1] 2,969,072 [1]
Net cash provided by discontinued operations 61,141 185,535 [1] 159,486 [1]
Net cash provided by operating activities 3,056,281 2,145,385 [1] 3,128,558 [1]
Investing Activities      
Property additions and dry hole costs (3,674,621) (2,603,158) [1] (2,188,517) [1]
Acquisition of ethanol plant 0 0 [1] (40,000) [1]
Proceeds from sale of property, plant and equipment 569 27,776 [1] 2,189 [1]
Expenditures for major repairs (12,790) (5,409) [1] (61,387) [1]
Purchase of investment securities (1,619,308) [2] (1,689,087) [1],[2] (2,388,720) [1],[2]
Proceeds from maturity of investment securities 2,035,798 [2] 1,773,552 [1],[2] 2,551,187 [1],[2]
Other investing activities - net 11,086 8,014 [1] (38,157) [1]
Investing activities of discontinued operations      
Sales proceeds 0 950,010 [1] 0 [1]
Other (58,156) (76,052) [1] (165,407) [1]
Net cash required by investing activities (3,317,422) (1,614,354) [1] (2,328,812) [1]
Financing Activities      
Additions to long-term debt 1,995,467 0 [1] 0 [1]
Repayments of debt (350,000) (340,041) [1] (332,038) [1]
Repayment of nonrecourse debt of a subsidiary 0 0 [1] (82,000) [1]
Purchase of treasury stock (250,000) 0 [1] 0 [1]
Proceeds from exercise of stock options and employee stock purchase plans 12,324 15,551 [1] 42,995 [1]
Excess tax benefits related to exercise of stock options 2,647 4,838 [1] 11,672 [1]
Withholding tax on stock-based incentive awards (3,341) (8,014) [1] (5,170) [1]
Issue cost of debt facility (6,959) (7,905) [1] 0 [1]
Cash dividends paid (714,429) (212,752) [1] (201,405) [1]
Net cash provided (required) by financing activities 685,709 (548,323) [1] (565,946) [1]
Effect of exchange rate changes on cash and cash equivalents 8,875 (4,660) [1] 881 [1]
Net increase (decrease) in cash and cash equivalents 433,443 (21,952) [1] 234,681 [1]
Cash and cash equivalents, beginning 513,873 [1] 535,825 [1] 301,144 [1]
Cash and cash equivalents, ending $ 947,316 $ 513,873 [1] $ 535,825 [1]
[1] Reclassified to conform to current presentation.
[2] Investments are Canadian government securities with maturities greater than 90 days at the date of acquisition.