XML 45 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 648,612 $ 750,155
Canadian government securities with maturities greater than 90 days at the date of acquisition 372,003 374,842
Accounts receivable, less allowance for doubtful accounts of $1,609 in 2014 and 2013 1,007,125 999,872
Inventories, at lower of cost or market Crude oil 38,104 40,077
Materials and supplies 255,132 254,118
Prepaid expenses 125,984 83,856
Deferred income taxes 55,146 61,991
Assets held for sale 871,453 943,732
Total current assets 3,373,559 3,508,643
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $8,850,951 in 2014 and $8,540,239 in 2013 13,654,991 13,481,055
Goodwill 38,702 40,259
Deferred charges and other assets 95,269 98,123
Assets held for sale 388,617 381,404
Total assets 17,551,138 17,509,484
Current liabilities    
Current maturities of long-term debt 30,647 26,249
Accounts payable and accrued liabilities 2,149,085 2,335,712
Income taxes payable 288,101 222,930
Liabilities associated with assets held for sale 589,011 639,140
Total current liabilities 3,056,844 3,224,031
Long-term debt, including capital lease obligation 3,415,621 2,936,563
Deferred income taxes 1,485,616 1,466,100
Asset retirement obligations 854,270 852,488
Deferred credits and other liabilities 337,957 339,028
Liabilities associated with assets held for sale 96,752 95,544
Stockholders' equity    
Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued 0 0
Common Stock, par $1.00, authorized 450,000,000 shares, issued 194,945,904 shares in 2014 and 194,920,155 shares in 2013 194,946 194,920
Capital in excess of par value 876,647 902,633
Retained earnings 8,157,972 8,058,792
Accumulated other comprehensive income 37,463 [1] 172,119 [1]
Treasury stock, 15,499,120 shares of Common Stock in 2014 and 11,513,642 shares of Common Stock in 2013, at cost (962,950) (732,734)
Total stockholders' equity 8,304,078 8,595,730
Total liabilities and stockholders' equity $ 17,551,138 $ 17,509,484
[1] All amounts are presented net of income taxes.