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Cash Flow Disclosures
3 Months Ended
Mar. 31, 2013
Supplemental Cash Flow Elements [Abstract]  
Cash Flow Disclosures

Note F – Cash Flow Disclosures

Additional disclosures regarding cash flow activities are provided below.

 

     Three Months
Ended March 31,
 
(Thousands of dollars)    2013     2012  

Net (increase) decrease in operating working capital other than cash and cash equivalents:

    

Decrease in accounts receivable

   $ 182,714        69,126   

Decrease in inventories

     126,826        4,962   

Increase in prepaid expenses

     (54,119     (51,508

Decrease in deferred income tax assets

     24,082        5,522   

Increase (decrease) in accounts payable and accrued liabilities

     (191,616     229,804   

Increase in current income tax liabilities

     123,575        43,165   
  

 

 

   

 

 

 

Total

   $ 211,462        301,071   
  

 

 

   

 

 

 

Supplementary disclosures:

    

Cash income taxes paid

   $ 47,877        160,210   

Interest paid more (less) than amounts capitalized

     (10,519     490