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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flow from operating activities:    
Net loss $ (4,511) $ (4,205)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion and amortization 1,374 1,829
Impairment of oil and gas properties 4,078 5,790
Non-cash oil and gas drillship settlements/idle rig costs 612 0
Oil and gas inventory adjustments and write downs 82 23
Mining inventory adjustments 7 63
Net gain on sales of assets (749) (39)
Net charges for environmental and asset retirement obligations, including accretion 107 109
Payments for environmental and asset retirement obligations (116) (81)
Net gain on early extinguishment of debt (36) 0
Deferred income taxes 169 (1,432)
Estimated loss on disposal of discontinued operations 177 0
Increase in long-term mill and leach stockpiles (99) (104)
Net gains on crude oil derivative contracts 0 (58)
Other, net 53 81
Changes in working capital and other tax payments, excluding amounts from dispositions:    
Accounts receivable 259 493
Inventories 190 8
Other current assets (53) (1)
Accounts payable and accrued liabilities 44 (205)
Accrued income taxes and changes in other tax payments 26 (485)
Net cash provided by operating activities 1,614 1,786
Capital expenditures:    
North America copper mines (76) (214)
South America (293) (902)
Indonesia (459) (438)
Molybdenum mines (1) (7)
United States oil and gas operations (868) (1,795)
Other (118) (172)
Net proceeds from sale of additional interest in Morenci 996 0
Net proceeds from sale of other assets 290 150
Other, net (6) (14)
Net cash used in investing activities (535) (3,392)
Cash flow from financing activities:    
Proceeds from debt 2,811 4,422
Repayments of debt (3,649) (2,360)
Net proceeds from sale of common stock 32 0
Cash dividends and distributions paid:    
Common stock (5) (380)
Noncontrolling interests (39) (60)
Stock-based awards net payments, including excess tax benefit (5) (7)
Debt financing costs and other, net (18) (7)
Net cash (used in) provided by financing activities (873) 1,608
Net increase in cash and cash equivalents 206 2
Increase in cash and cash equivalents in assets held for sale (49) (1)
Cash and cash equivalents at beginning of year 195 317
Cash and cash equivalents at end of period $ 352 $ 318