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Basis of Presentation (Details 2) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Production Expense          
Lease Operating Expense $ 140 $ 100 $ 257 $ 205  
Production and Ad Valorem Taxes 43 44 86 81  
Transportation and Gathering Expense 27 24 55 45  
Total 210 168 398 331  
Other Operating (Income) Expense, Net          
Gain on Divestitures 0 (9) [1] (12) [1] (9) [1]  
Asset Impairments 0 73 [2] 0 73 [2]  
Other, Net 16 7 20 19  
Total 16 71 8 83  
Other Non-Operating (Income) Expense, Net          
Deferred Compensation (Income) Expense 3 [3] (11) [3] 14 [3] (8) [3]  
Other (Income) Expense, Net 0 8 (2) 5  
Total 3 (3) 12 (3)  
Accounts Receivable, Net          
Commodity Sales 383   383   349
Joint Interest Billings 406   406   486
Other 68   68   139
Allowance for Doubtful Accounts (10)   (10)   (10)
Total 847   847   964
Other Current Assets          
Inventories, Current 109   109   90
Commodity Derivative Assets 72   72   63
Deferred Income Taxes, Net 45   45   106
Probable Insurance Claims 0 [4]   0 [4]   45 [4]
Assets Held-for-Sale 37 [5]   37 [5]   45 [5]
Prepaid Expenses and Other Current Assets 95   95   71
Total 358   358   420
Other Noncurrent Assets          
Equity Method Investments 410   410   367
Mutual Fund Investments 110   110   103
Commodity Derivative Assets 95   95   21
Other Assets 88   88   106
Total 703   703   597
Other Current Liabilities          
Production and Ad Valorem Taxes 100   100   113
Commodity Derivative Liabilities 13   13   7
Income Taxes Payable 123   123   203
Asset Retirement Obligations 69   69   69
Interest Payable 57   57   55
Current Portion of Long Term Debt 527 [6]   527 [6]   324 [6]
Current Portion of FPSO and Other Capital Lease Obligations 50   50   48
Liabilities Associated with Assets Held for Sale 42 [5]   42 [5]   12 [5]
Other 142   142   193
Total 1,123   1,123   1,024
Other Noncurrent Liabilities          
Deferred Compensation Liabilities 252   252   229
Asset Retirement Obligations 346   346   333
Accrued Benefit Costs 119   119   116
Other 97   97   132
Total $ 814   $ 814   $ 810
[1] See Note 3. Divestitures
[2] Amounts for 2012 related primarily to our South Raton development in the deepwater Gulf of Mexico and our Piceance development, onshore US. The assets were written down to their estimated fair values, which were determined using discounted cash flow models.
[3] Amounts represent increases (decreases) in the fair value of shares of our common stock held in a rabbi trust.
[4] Amounts represent the costs incurred to date of the Leviathan-2 appraisal well and expected well abandonment costs in excess of the insurance deductible less insurance proceeds received to date.
[5] Assets held for sale consist primarily of North Sea oil and gas properties. Liabilities associated with assets held for sale consist primarily of asset retirement obligations related to these assets. See Note 3. Divestitures.
[6] See Note 5. Debt.