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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOW FROM OPERATING ACTIVITIES    
Net income (loss) $ (2,651) $ 4,037
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Discontinued operations, net 10 (741)
Depreciation, depletion and amortization of assets 3,268 3,057
Deferred income tax (benefit) provision (417) 220
Other noncash charges to income 359 111
Gain on sale of assets, net (94) (520)
Undistributed earnings from affiliates (3) 22
Asset impairments 3,364 471
Dry hole expenses 4 48
Changes in operating assets and liabilities, net (938) (315)
Other operating, net (499)  
Operating cash flow from continuing operations 2,403 6,390
Operating cash flow from discontinued operations (17) 1,812
Net cash provided by operating activities 2,386 8,202
CASH FLOW FROM INVESTING ACTIVITIES    
Capital expenditures (4,192) (5,959)
Change in capital accrual (652)  
Proceeds from sale of assets and equity investments, net 151 1,387
Purchase of businesses and other assets, net (52) (352)
Other, net (373) (245)
Investing cash flow from continuing operations (5,118) (5,169)
Investing cash flow from discontinued operations   (1,661)
Net cash used by investing activities (5,118) (6,830)
CASH FLOW FROM FINANCING ACTIVITIES    
Change in restricted cash 2,254  
Proceeds from long-term debt 1,478  
Payment of long-term debt   (107)
Proceeds from short-term borrowings   1,599
Proceeds from issuance of common stock 34 20
Purchases of treasury stock (586) (2,083)
Cash dividends paid (1,690) (1,649)
Contributions from noncontrolling interest   351
Other, net   1
Net cash provided (used) by financing activities 1,490 (1,868)
Decrease in cash and cash equivalents (1,242) (496)
Cash and cash equivalents-beginning of period 3,789 3,393
Cash and cash equivalents-end of period $ 2,547 $ 2,897