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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities    
Net Income $ 1,483,267 $ 1,335,320
Items Not Requiring (Providing) Cash    
Depreciation, Depletion and Amortization 1,836,899 1,597,265
Impairments 184,486 116,317
Stock-Based Compensation Expenses 77,653 67,289
Deferred Income Taxes 324,294 347,586
Gains (Losses) on Asset Dispositions, Net 4,173 (21,286)
Other, Net 5,439 13,507
Dry Hole Costs 3,863 4,902
Mark-to-Market Commodity Derivative Contracts    
Total (Gains) Losses (156,720) 245,654
Net Cash Received from (Payments for) Settlements of Commodity Derivative Contracts 31,290 (88,334)
Other, Net 1,639 (261)
Changes in Components of Working Capital and Other Assets and Liabilities    
Accounts Receivable (69,746) (309,751)
Inventories (11,259) (192,219)
Accounts Payable 126,853 455,977
Accrued Taxes Payable 53,280 22,535
Other Assets 487,387 (62,843)
Other Liabilities (58,106) (53,168)
Changes in Components of Working Capital Associated with Investing and Financing Activities (22,034) (27,279)
Net Cash Provided by Operating Activities 4,294,312 3,493,783
Investing Cash Flows    
Additions to Oil and Gas Properties (3,446,497) (2,980,286)
Additions to Other Property, Plant and Equipment (116,881) (144,858)
Proceeds from Sales of Assets 17,642 8,276
Changes in Components of Working Capital Associated with Investing Activities 22,056 27,250
Net Cash Used in Investing Activities (3,523,680) (3,089,618)
Repayments of Long-term Debt (900,000) 0
Financing Cash Flows    
Dividends Paid (254,681) (203,610)
Treasury Stock Purchased (8,403) (32,023)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan 8,695 11,145
Payments of Debt Issuance Costs (4,902) 0
Repayment of Finance Lease Liabilities (6,403) (3,354)
Changes in Components of Working Capital Associated with Financing Activities (22) 29
Net Cash Used in Financing Activities (1,165,716) (227,813)
Effect of Exchange Rate Changes on Cash (65) (2,365)
Increase (Decrease) in Cash and Cash Equivalents (395,149) 173,987
Cash and Cash Equivalents at Beginning of Period 1,555,634 834,228
Cash and Cash Equivalents at End of Period $ 1,160,485 $ 1,008,215