XML 18 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating Activities    
Net Income (Loss) $ (4,696) $ 6,932
Adjustments    
Depreciation, depletion and amortization 11,005 8,428
Dry hole expense 845 123
Distributions less than income from equity affiliates 2,278 (1,287)
Net before-tax losses (gains) on asset retirements and sales (598) (97)
Net foreign currency effects (19) 80
Deferred income tax provision (2,547) 394
Net decrease (increase) in operating working capital (373) (279)
Decrease (increase) in long-term receivables 49 233
Net decrease (increase) in other deferred charges (109) (98)
Cash contributions to employee pension plans (531) (728)
Other (502) 139
Net Cash Provided by Operating Activities 4,802 13,840
Investing Activities    
Capital expenditures (5,225) (6,537)
Proceeds and deposits related to asset sales and returns of investment 1,852 937
Net maturities of (investments in) time deposits 0 950
Net sales (purchases) of marketable securities (1) 2
Net repayment (borrowing) of loans by equity affiliates (1,074) (620)
Net Cash Used for Investing Activities (4,448) (5,268)
Financing Activities    
Net borrowings (repayments) of short-term obligations 2,571 (189)
Proceeds from issuances of long-term debt 8,250 0
Repayments of long-term debt and other financing obligations (3,820) (3,863)
Cash dividends - common stock (4,796) (4,494)
Distributions to noncontrolling interests (10) (8)
Net sales (purchases) of treasury shares (1,550) (840)
Net Cash Provided by (Used for) Financing Activities 645 (9,394)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (131) 32
Net Change in Cash, Cash Equivalents and Restricted Cash 868 (790)
Cash, Cash Equivalents and Restricted Cash at January 1 6,911 10,481
Cash, Cash Equivalents and Restricted Cash at June 30 $ 7,779 $ 9,691