XML 89 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net Income (Loss) $ 2,845 $ 14,860 $ 9,269
Adjustments      
Depreciation, depletion and amortization 29,218 19,419 19,349
Dry hole expense 172 687 198
Distributions less than income from equity affiliates (2,073) (3,580) (2,380)
Net before-tax gains on asset retirements and sales (1,367) (619) (2,195)
Net foreign currency effects 272 123 131
Deferred income tax provision (1,966) 1,050 (3,203)
Net decrease (increase) in operating working capital 1,494 (718) 520
Decrease (increase) in long-term receivables 502 418 (368)
Net decrease (increase) in other deferred charges (69) 0 (254)
Cash contributions to employee pension plans (1,362) (1,035) (980)
Other (352) 13 251
Net Cash Provided by Operating Activities 27,314 30,618 20,338
Investing Activities      
Capital expenditures (14,116) (13,792) (13,404)
Proceeds and deposits related to asset sales and returns of investment 2,951 2,392 5,096
Net maturities of (investments in) time deposits 950 (950) 0
Net sales (purchases) of marketable securities 2 (51) 4
Net repayment (borrowing) of loans by equity affiliates (1,245) 111 (16)
Net Cash Used for Investing Activities (11,458) (12,290) (8,320)
Financing Activities      
Net borrowings (repayments) of short-term obligations (2,821) 2,021 (5,142)
Proceeds from issuances of long-term debt 0 218 3,991
Repayments of long-term debt and other financing obligations (5,025) (6,741) (6,310)
Cash dividends - common stock (8,959) (8,502) (8,132)
Distributions to noncontrolling interests (18) (91) (78)
Net sales (purchases) of treasury shares (2,935) (604) 1,117
Net Cash Provided by (Used for) Financing Activities (19,758) (13,699) (14,554)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash 332 (91) 65
Net Change in Cash, Cash Equivalents and Restricted Cash (3,570) 4,538 (2,471)
Cash, Cash Equivalents and Restricted Cash at January 1 10,481 5,943 8,414
Cash, Cash Equivalents and Restricted Cash at December 31 $ 6,911 $ 10,481 $ 5,943