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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating Activities    
Net Income (Loss) $ 19,168 $ 29,230
Adjustments    
Depreciation, depletion and amortization 11,072 11,555
Dry hole expense 315 255
Distributions more (less) than income from equity affiliates (2,273) (4,768)
Net before-tax losses (gains) on asset retirements and sales (133) (463)
Net foreign currency effects (135) (653)
Deferred income tax provision 1,346 1,710
Net decrease (increase) in operating working capital (4,181) 1,172
Decrease (increase) in long-term receivables 36 121
Net decrease (increase) in other deferred charges (423) (101)
Cash contributions to employee pension plans (893) (1,087)
Other (724) 133
Net Cash Provided by Operating Activities 23,175 37,104
Investing Activities    
Acquisition of businesses, net of cash received 55 (2,862)
Capital expenditures (11,468) (8,139)
Proceeds and deposits related to asset sales and returns of investment 410 2,485
Net sales (purchases) of marketable securities 84 82
Net repayment (borrowing) of loans by equity affiliates (242) 38
Net Cash Used for Investing Activities (11,161) (8,396)
Financing Activities    
Net borrowings (repayments) of short-term obligations (33) 278
Proceeds from issuances of long-term debt 150 0
Repayments of long-term debt and other financing obligations (4,207) (8,449)
Cash dividends - common stock (8,527) (8,255)
Net contributions from (distributions to) noncontrolling interests (44) (103)
Net sales (purchases) of treasury shares (11,281) (2,000)
Net Cash Provided by (Used for) Financing Activities (23,942) (18,529)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (187) (277)
Net Change in Cash, Cash Equivalents and Restricted Cash (12,115) 9,902
Cash, Cash Equivalents and Restricted Cash at January 1 19,121 6,795
Cash, Cash Equivalents and Restricted Cash at September 30 $ 7,006 $ 16,697