XML 35 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows From Operating Activities    
Net Income $ 776 $ 749
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Depreciation, Depletion and Amortization 1,020 681
Asset Impairments 73 139
Dry Hole Cost 141 57
Deferred Income Taxes 57 147
Dividends (Income) from Equity Method Investees, Net 4 23
Unrealized Gain on Commodity Derivative Instruments (74) (140)
Gain on Divestitures (83) (26)
Other Adjustments for Noncash Items Included in Income 115 52
Changes in Operating Assets and Liabilities    
(Increase) Decrease in Accounts Receivable 68 (7)
Increase in Other Current Assets (51) (17)
Increase in Accounts Payable 122 131
Increase in Current Income Taxes Payable 51 52
Decrease in Other Current Liabilities (13) (25)
Other Operating Assets and Liabilities, Net (35) (31)
Net Cash Provided by Operating Activities 2,171 1,785
Cash Flows From Investing Activities    
Additions to Property, Plant and Equipment (2,685) (1,868)
Marcellus Shale Acquisition 0 (519)
Additions to Equity Method Investments (35) (73)
Proceeds from Divestitures 1,161 77
Net Cash Used in Investing Activities (1,559) (2,383)
Cash Flows From Financing Activities    
Exercise of Stock Options 28 32
Excess Tax Benefits from Stock-Based Awards 14 11
Dividends Paid, Common Stock (119) (104)
Purchase of Treasury Stock (13) (16)
Proceeds from Credit Facilities 150 520
Repayment of Credit Facilities (150) (470)
Repayment of CONSOL Installment Loan (328) 0
Proceeds from Issuance of Senior Long-Term Debt, Net 0 836
Settlement of Interest Rate Derivative Instrument 0 (40)
Repayment of Capital Lease Obligation (32) 0
Net Cash Provided By (Used In) Financing Activities (450) 769
Increase in Cash and Cash Equivalents 162 171
Cash and Cash Equivalents at Beginning of Period 1,455 1,081
Cash and Cash Equivalents at End of Period $ 1,617 $ 1,252