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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash Flows from Operating Activities    
Net Income $ 660,928 $ 494,725
Items Not Requiring (Providing) Cash    
Depreciation, Depletion and Amortization 946,491 846,388
Impairments 113,361 53,548
Stock-Based Compensation Expenses 35,565 30,436
Deferred Income Taxes 232,808 200,779
Gains on Asset Dispositions, Net (11,498) (164,233)
Other, Net 5,442 8,268
Dry Hole Costs 8,348 3,962
Mark-to-Market Commodity Derivative Contracts    
Total Losses 155,736 104,956
Net Cash (Payments for) Received from Settlements of Commodity Derivative Contracts (34,033) 67,050
Excess Tax Benefits from Stock-Based Compensation (27,422) (11,673)
Other, Net 3,589 5,022
Changes in Components of Working Capital and Other Assets and Liabilities    
Accounts Receivable (144,317) (236,757)
Inventories (68,948) (15,058)
Accounts Payable 361,810 186,065
Accrued Taxes Payable 139,801 9,004
Other Assets (12,536) (47,193)
Other Liabilities (29,169) (52,933)
Changes in Components of Working Capital Associated with Investing and Financing Activities (68,283) (57,421)
Net Cash Provided by Operating Activities 2,267,673 1,424,935
Investing Cash Flows    
Additions to Oil and Gas Properties (1,736,630) (1,604,123)
Additions to Other Property, Plant and Equipment (165,966) (92,201)
Proceeds from Sales of Assets 19,825 479,436
Changes in Restricted Cash (9,047) 0
Changes in Components of Working Capital Associated with Investing Activities 68,258 57,149
Net Cash Used in Investing Activities (1,823,560) (1,159,739)
Financing Cash Flows    
Long-Term Debt Borrowings 496,220 0
Long-Term Debt Repayments (500,000) 0
Settlement of Foreign Currency Swap (31,573) 0
Dividends Paid (51,780) (46,220)
Excess Tax Benefits from Stock-Based Compensation 27,422 11,673
Treasury Stock Purchased (28,897) (11,024)
Proceeds from Stock Options Exercised 985 8,004
Debt Issuance Costs (942) 0
Repayment of Capital Lease Obligation (1,474) (1,427)
Other, Net 25 272
Net Cash Used in Financing Activities (90,014) (38,722)
Effect of Exchange Rate Changes on Cash (5,096) 5,125
Increase in Cash and Cash Equivalents 349,003 231,599
Cash and Cash Equivalents at Beginning of Period 1,318,209 876,435
Cash and Cash Equivalents at End of Period $ 1,667,212 $ 1,108,034