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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 326,239 $ 201,827
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation, depletion and amortization 458,995 469,022
Deferred income tax expense 181,439 107,235
(Gain) loss on sale of assets 2,735 (4,601)
Exploration expense 6,454 807
Unrealized (gain) loss on derivative instruments (44,766) 0
Amortization of debt issuance costs 3,378 2,767
Stock-based compensation and other 13,304 36,684
Changes in assets and liabilities:    
Accounts receivable, net 30,418 (6,321)
Income taxes (23,430) (3,639)
Inventories 3,737 (6,665)
Other current assets (147) (1,547)
Accounts payable and accrued liabilities (9,712) (19,837)
Other assets and liabilities 607 228
Stock-based compensation tax benefit (6,001) (9,284)
Net cash provided by operating activities 943,250 766,676
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (964,741) (843,400)
Acquisitions (15,826) (128)
Proceeds from sale of assets 3,913 15,174
Restricted cash 28,094 0
Investment in equity method investments (28,784) (8,624)
Net cash used in investing activities (977,344) (836,978)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings from debt 1,802,000 585,000
Repayments of debt (1,337,000) (510,000)
Treasury stock repurchases (119,767) 0
Dividends paid (25,018) (16,830)
Stock-based compensation tax benefit 6,001 9,284
Capitalized debt issuance costs (5,626) 0
Other 91 44
Net cash provided by financing activities 320,681 67,498
Net increase (decrease) in cash and cash equivalents 286,587 (2,804)
Cash and cash equivalents, beginning of period 23,400 30,736
Cash and cash equivalents, end of period $ 309,987 $ 27,932