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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities      
Net Income $ 21,597 $ 26,336 $ 27,008
Adjustments      
Depreciation, depletion and amortization 14,186 [1],[2] 13,413 [1],[2] 12,911 [1],[2]
Dry hole expense 683 555 377
Distributions less than income from equity affiliates (1,178) (1,351) (570)
Net before-tax gains on asset retirements and sales (639) (4,089) (1,495)
Net foreign currency effects (103) 207 (103)
Deferred income tax provision 1,876 2,015 1,589
Net (increase) decrease in operating working capital (1,331) 363 2,318
Decrease (increase) in long-term receivables 183 (169) (150)
(Increase) decrease in other deferred charges (321) 1,047 341
Cash contributions to employee pension plans (1,194) (1,228) (1,467)
Other 1,243 1,713 336
Net Cash Provided by Operating Activities 35,002 38,812 41,095
Investing Activities      
Acquisition of Atlas Energy 0 0 (3,009)
Advance to Atlas Energy 0 0 (403)
Capital expenditures (37,985) (30,938) (26,500)
Proceeds and deposits related to asset sales 1,143 2,777 3,517
Net sales (purchases) of time deposits 700 3,250 (1,104)
Net sales (purchases) of marketable securities 3 (3) (74)
Repayment of loans by equity affiliates 314 328 339
Net sales (purchases) of other short-term investments 216 (210) (255)
Net Cash Used for Investing Activities (35,609) (24,796) (27,489)
Financing Activities      
Net borrowings of short-term obligations 2,378 264 23
Proceeds from issuances of long-term debt 6,000 4,007 377
Repayments of long-term debt and other financing obligations (132) (2,224) (2,769)
Cash dividends - common stock (7,474) (6,844) (6,136)
Distributions to noncontrolling interests (99) (41) (71)
Net purchases of treasury shares (4,494) (4,142) (3,193)
Net Cash Used for Financing Activities (3,821) (8,980) (11,769)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (266) 39 (33)
Net Change in Cash and Cash Equivalents (4,694) 5,075 1,804
Cash and Cash Equivalents at January 1 20,939 15,864 14,060
Cash and Cash Equivalents at December 31 $ 16,245 $ 20,939 $ 15,864
[1] Depreciation expense includes accretion expense of $627, $629 and $628 in 2013, 2012 and 2011, respectively.
[2] Other than the United States, Australia and Nigeria, no other country accounted for 10 percent or more of the company’s net properties, plant and equipment (PP&E) in 2013. Australia had $31,464, $21,770 and $12,423 in 2013, 2012, and 2011, respectively. Nigeria had PP&E of $18,429, $17,485 and $15,601 for 2013, 2012 and 2011, respectively.