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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOW FROM OPERATING ACTIVITIES    
Net Income (loss) $ 78 $ (218)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Income from discontinued operations (438) 3
Depreciation, depletion and amortization of assets 1,102 1,029
Deferred income tax provision (benefit) 77 (63)
Other noncash charges to income 63 110
Gain on sale of assets, net (138) 24
Asset impairments 78 236
Changes in operating assets and liabilities, net (316) (555)
Other operating, net (367)  
Operating cash flow from continuing operations 139 566
Operating cash flow from discontinued operations 550 (5)
Net cash provided by operating activities 689 561
CASH FLOW FROM INVESTING ACTIVITIES    
Capital expenditures (646) (1,675)
Change in capital accrual (208) (458)
Proceeds from sale of assets and equity investments, net 285 20
Purchase of assets, net (24) (6)
Equity investments and other, net (44) (87)
Net cash used by investing activities (637) (2,206)
CASH FLOW FROM FINANCING ACTIVITIES    
Change in restricted cash 1,193 754
Payment of long-term debt (700)  
Proceeds from issuance of common stock 11 19
Purchases of treasury stock (7) (207)
Cash dividends paid (574) (557)
Net cash provided (used) by financing activities (77) 9
Decrease in cash and cash equivalents (25) (1,636)
Cash and cash equivalents-beginning of period 3,201 3,789
Cash and cash equivalents-end of period $ 3,176 $ 2,153