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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net Income $ 5,519 $ 5,007 $ 4,265
Income from discontinued operations (51) (277) (12)
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 3,500 [1] 3,274 [1] 2,757 [1]
Gain on investment in M-I SWACO     (1,270)
Earnings of companies carried at equity, less dividends received (61) (64) (85)
Deferred income taxes (76) (26) (130)
Stock-based compensation expense 335 272 198
Pension and other postretirement benefits expense 404 365 299
Other non-cash items 97 203 327
Pension and other postretirement benefits funding (673) (601) (868)
Change in operating assets and liabilities:      
Increase in receivables (2,116) [2] (1,281) [2] (290) [2]
Increase in inventories (643) [2] (864) [2] (50) [2]
(Increase) decrease in other current assets (314) [2] (93) [2] 133 [2]
Increase (decrease) in accounts payable and accrued liabilities 928 [2] 597 [2] (75) [2]
Increase (decrease) in estimated liability for taxes on income 127 [2] (561) [2] 476 [2]
Increase (decrease) in other liabilities 1 [2] 169 [2] (89) [2]
Other - net (163) [2] (5) [2] (77) [2]
NET CASH PROVIDED BY OPERATING ACTIVITIES 6,814 6,115 5,509
Cash flows from investing activities:      
Capital expenditures (4,695) (4,008) (2,912)
Multiclient seismic data capitalized (351) (289) (326)
Cash acquired in acquisition of Smith International, Inc.     399
Acquisition of Geoservices, net of cash acquired     (889)
Other business acquisitions and investments, net of cash acquired (845) (186) (212)
(Purchase) sale of investments, net (1,228) 351 1,023
Other (55) 230 (19)
NET CASH USED IN INVESTING ACTIVITIES (7,174) (3,902) (2,936)
Cash flows from financing activities:      
Dividends paid (1,432) (1,300) (1,040)
Proceeds from employee stock purchase plan 247 208 179
Proceeds from exercise of stock options 163 230 222
Stock repurchase program (972) (2,998) (1,717)
Proceeds from issuance of long-term debt 2,832 6,884 2,815
Repayment of long-term debt (1,817) (4,992) (1,814)
Net increase (decrease) in short-term borrowings 621 (119) (68)
Other 19 (613) 14
NET CASH USED IN FINANCING ACTIVITIES (339) (2,700) (1,409)
Cash flow from discontinued operations - operating activities (126) 55 (15)
Cash flow from discontinued operations - investing activities 1,012 376 (2)
Cash flow from discontinued operations 886 431 (17)
Net increase (decrease) in cash before translation effect 187 (56) 1,147
Translation effect on cash 13 (3)  
Cash, beginning of year 1,705 1,764 617
Cash, end of year $ 1,905 $ 1,705 $ 1,764
[1] Includes multiclient seismic data costs.
[2] Net of the effect of business acquisitions.