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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows from Operating Activities      
Net Income $ 570,279 $ 1,091,123 $ 160,654
Items Not Requiring (Providing) Cash      
Depreciation, Depletion and Amortization 3,169,703 2,516,381 1,941,926
Impairments 1,270,735 1,031,037 742,647
Stock-Based Compensation Expenses 127,778 128,345 107,378
Deferred Income Taxes 292,938 499,300 76,245
Gains on Asset Dispositions, Net (192,660) (492,909) (223,538)
Other, Net 672 15,139 (468)
Dry Hole Costs 14,970 53,230 72,486
Mark-to-Market Commodity Derivative Contracts      
Total Gains (393,744) (626,053) (61,912)
Realized Gains 711,479 180,701 7,033
Excess Tax Benefits from Stock-Based Compensation (67,035) 0 0
Other, Net 14,411 26,454 17,273
Changes in Components of Working Capital and Other Assets and Liabilities      
Accounts Receivable (178,683) (339,780) (339,126)
Inventories (156,762) (176,623) (171,791)
Accounts Payable (17,150) 351,087 654,688
Accrued Taxes Payable 78,094 92,589 (53,098)
Other Assets (118,520) (23,625) (32,169)
Other Liabilities 36,114 14,986 19,342
Changes in Components of Working Capital Associated with Investing and Financing Activities 74,158 237,028 (208,968)
Net Cash Provided by Operating Activities 5,236,777 4,578,410 2,708,602
Investing Cash Flows      
Additions to Oil and Gas Properties (6,735,316) (6,294,397) (5,210,612)
Additions to Other Property, Plant and Equipment (619,800) (656,415) (370,770)
Acquisition of Galveston LNG Inc. 0 0 (210,000)
Proceeds from Sales of Assets 1,309,776 1,433,137 672,593
Changes in Components of Working Capital Associated with Investing Activities (73,923) (237,267) 208,933
Other, Net 0 0 7,082
Net Cash Used in Investing Activities (6,119,263) (5,754,942) (4,902,774)
Financing Cash Flows      
Common Stock Sold 0 1,388,265 0
Long-Term Debt Borrowings 1,234,138 0 2,478,659
Long-Term Debt Repayments 0 (220,000) (37,000)
Dividends Paid (181,080) (167,169) (153,240)
Excess Tax Benefits from Stock-Based Compensation 67,035 0 0
Treasury Stock Purchased (58,592) (23,922) (11,295)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan 82,887 35,913 34,560
Debt Issuance Costs (1,578) (4,787) (8,300)
Repayment of Capital Lease Obligation (2,824) 0 0
Other, Net (235) 239 35
Net Cash Provided by Financing Activities 1,139,751 1,008,539 2,303,419
Effect of Exchange Rate Changes on Cash 3,444 (5,134) (6,145)
Increase (Decrease) in Cash and Cash Equivalents 260,709 (173,127) 103,102
Cash and Cash Equivalents at Beginning of Period 615,726 788,853 685,751
Cash and Cash Equivalents at End of Period $ 876,435 $ 615,726 $ 788,853