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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities    
Net Income $ 10,211 $ 11,643
Adjustments    
Depreciation, depletion and amortization 7,972 6,893
Dry hole expense 495 79
Distributions less than income from equity affiliates (839) (1,118)
Net before-tax gains on asset retirements and sales (838) (175)
Net foreign currency effects 101 (138)
Deferred income tax provision 505 32
Net increase in operating working capital (741) (2,515)
Increase in long-term receivables (196) (56)
Net (increase) decrease in other deferred charges (79) 68
Cash contributions to employee pension plans (159) (610)
Other (134) 131
Net Cash Provided by Operating Activities 16,298 14,234
Investing Activities    
Capital expenditures (17,475) (16,765)
Proceeds and deposits related to asset sales 1,623 641
Net purchases of time deposits 0 (700)
Net sales of marketable securities 0 2
Net repayment of loans by equity affiliates 100 162
Net (purchases) sales of other short-term investments (26) 189
Net Cash Used for Investing Activities (15,778) (16,471)
Financing Activities    
Net borrowings of short-term obligations 3,123 1,903
Proceeds from issuance of long-term debt 0 6,000
Repayments of long-term debt and other financing obligations (20) (110)
Cash dividends — common stock (3,914) (3,656)
Distributions to noncontrolling interests (2) (73)
Net purchases of treasury shares (2,019) (2,028)
Net Cash Used for Financing Activities (2,832) 2,036
Effect of Exchange Rate Changes on Cash and Cash Equivalents 26 (108)
Net Change in Cash and Cash Equivalents (2,286) (309)
Cash and Cash Equivalents at January 1 16,245 20,939
Cash and Cash Equivalents at June 30 $ 13,959 $ 20,630