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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash Flows from Operating Activities    
Net Income $ 324,009 $ 133,973
Items Not Requiring (Providing) Cash    
Depreciation, Depletion and Amortization 748,743 568,226
Impairments 133,147 89,328
Stock-Based Compensation Expenses 28,338 27,430
Deferred Income Taxes 110,148 31,290
Gains on Asset Dispositions, Net (67,468) (71,742)
Other, Net 446 2,523
Dry Hole Costs 0 22,951
Mark-to-Market Commodity Derivative Contracts    
Total Gains (Losses) 134,208 (66,746)
Realized Gains 133,601 24,937
Excess Tax Benefits from Stock-Based Compensation (16,651) 0
Other, Net 3,352 6,219
Changes in Components of Working Capital and Other Assets and Liabilities    
Accounts Receivable (89,948) (113,855)
Inventories 10,208 (67,733)
Accounts Payable 236,625 165,497
Accrued Taxes Payable (5,163) 79,748
Other Assets (108,840) (18,656)
Other Liabilities (5,059) 8,621
Changes in Components of Working Capital Associated with Investing and Financing Activities (223,675) 1,985
Net Cash Provided by Operating Activities 1,077,605 957,488
Investing Cash Flows    
Additions to Oil and Gas Properties (1,878,813) (1,527,854)
Additions to Other Property, Plant and Equipment (170,704) (159,794)
Proceeds from Sales of Assets 450,110 260,107
Changes in Components of Working Capital Associated with Investing Activities 224,087 (206)
Net Cash Used in Investing Activities (1,375,320) (1,427,747)
Financing Cash Flows    
Common Stock Sold 0 1,388,211
Dividends Paid (43,250) (39,003)
Excess Tax Benefits from Stock-Based Compensation 16,651 0
Treasury Stock Purchased (20,072) (14,981)
Proceeds from Stock Options Exercised 20,198 17,363
Other, Net (412) (1,779)
Net Cash (Used in) Provided by Financing Activities (26,885) 1,349,811
Effect of Exchange Rate Changes on Cash 2,938 (120)
(Decrease) Increase in Cash and Cash Equivalents (321,662) 879,432
Cash and Cash Equivalents at Beginning of Period 615,726 788,853
Cash and Cash Equivalents at End of Year $ 294,064 $ 1,668,285