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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities    
Net Income $ 1,335,320 $ 51,570
Items Not Requiring (Providing) Cash    
Depreciation, Depletion and Amortization 1,597,265 1,681,420
Impairments 116,317 272,121
Stock-Based Compensation Expenses 67,289 58,061
Deferred Income Taxes 347,586 35,162
Losses on Asset Dispositions, Net (21,286) (25,674)
Other, Net 13,507 (6,691)
Dry Hole Costs 4,902 27
Mark-to-Market Commodity Derivative Contracts    
Total (Gains) Losses 245,654 (71,466)
Net Cash Received from (Payments for) Settlements of Commodity Derivative Contracts (88,334) 2,591
Other, Net (261) (185)
Changes in Components of Working Capital and Other Assets and Liabilities    
Accounts Receivable (309,751) 103,786
Inventories (192,219) (6,129)
Accounts Payable 455,977 76,704
Accrued Taxes Payable 22,535 (39,124)
Other Assets (62,843) (61,089)
Other Liabilities (53,168) (66,869)
Changes in Components of Working Capital Associated with Investing and Financing Activities (27,279) (79,138)
Net Cash Provided by Operating Activities 3,493,783 1,976,425
Investing Cash Flows    
Additions to Oil and Gas Properties (2,980,286) (1,885,417)
Additions to Other Property, Plant and Equipment (144,858) (88,076)
Proceeds from Sales of Assets 8,276 175,260
Changes in Components of Working Capital Associated with Investing Activities 27,250 79,138
Net Cash Used in Investing Activities (3,089,618) (1,719,095)
Financing Cash Flows    
Dividends Paid (203,610) (192,984)
Treasury Stock Purchased (32,023) (21,678)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan 11,145 9,608
Repayment of Capital Lease Obligation (3,354) (3,251)
Changes in Components of Working Capital Associated with Financing Activities 29 0
Net Cash Used in Financing Activities (227,813) (208,305)
Effect of Exchange Rate Changes on Cash (2,365) 523
Increase in Cash and Cash Equivalents 173,987 49,548
Cash and Cash Equivalents at Beginning of Period 834,228 1,599,895
Cash and Cash Equivalents at End of Period $ 1,008,215 $ 1,649,443