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Information Relating to the Consolidated Statement of Cash Flows | 12 Months Ended
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Dec. 31, 2021
Supplemental Cash Flow Elements [Abstract] |
Information Relating to the Consolidated Statement of Cash Flows | Information Relating to the Consolidated Statement of Cash Flows
| Year ended December 31
| 2021 |  |  | 2020 |  | 2019
Distributions more (less) than income from equity affiliates includes the following: |  |  |  |  |  |
Distributions from equity affiliates | $ | 3,659 |  |  |  | $ | 1,543 |  |  | $ | 1,895 |
(Income) loss from equity affiliates | (5,657) |  |  |  | 472 |  |  | (3,968) |
Distributions more (less) than income from equity affiliates | $ | (1,998) |  |  |  | $ | 2,015 |  |  | $ | (2,073) |
Net decrease (increase) in operating working capital was composed of the following: |  |  |  |  |  |
Decrease (increase) in accounts and notes receivable | $ | (7,548) |  |  |  | $ | 2,423 |  |  | $ | 1,852 |
Decrease (increase) in inventories | (530) |  |  |  | 284 |  |  | 7 |
Decrease (increase) in prepaid expenses and other current assets | 19 |  |  |  | (87) |  |  | (323) |
Increase (decrease) in accounts payable and accrued liabilities | 5,475 |  |  |  | (3,576) |  |  | (109) |
Increase (decrease) in income and other taxes payable | 1,223 |  |  |  | (696) |  |  | 67 |
Net decrease (increase) in operating working capital | $ | (1,361) |  |  |  | $ | (1,652) |  |  | $ | 1,494 |
Net cash provided by operating activities includes the following cash payments: |  |  |  |  |  |
Interest on debt (net of capitalized interest) | $ | 699 |  |  |  | $ | 720 |  |  | $ | 810 |
Income taxes | 4,355 |  |  |  | 2,987 |  |  | 4,817 |
Proceeds and deposits related to asset sales and returns of investment consisted of the following gross amounts: |  |  |  |  |  |
Proceeds and deposits related to asset sales | $ | 1,352 |  |  |  | $ | 2,891 |  |  | $ | 2,809 |
Returns of investment from equity affiliates | 439 |  |  |  | 77 |  |  | 142 |
Proceeds and deposits related to asset sales and returns of investment | $ | 1,791 |  |  |  | $ | 2,968 |  |  | $ | 2,951 |
Net maturities (investments) of time deposits consisted of the following gross amounts: |  |  |  |  |  |
Investments in time deposits | $ | — |  |  |  | $ | — |  |  | $ | — |
Maturities of time deposits | — |  |  |  | — |  |  | 950 |
Net maturities of (investments in) time deposits | $ | — |  |  |  | $ | — |  |  | $ | 950 |
Net sales (purchases) of marketable securities consisted of the following gross amounts: |  |  |  |  |  |
Marketable securities purchased | $ | (4) |  |  |  | $ | — |  |  | $ | (1) |
Marketable securities sold | 3 |  |  |  | 35 |  |  | 3 |
Net sales (purchases) of marketable securities | $ | (1) |  |  |  | $ | 35 |  |  | $ | 2 |
Net repayment (borrowing) of loans by equity affiliates: |  |  |  |  |  |
Borrowing of loans by equity affiliates | $ | — |  |  |  | $ | (3,925) |  |  | $ | (1,350) |
Repayment of loans by equity affiliates | 401 |  |  |  | 2,506 |  |  | 105 |
Net repayment (borrowing) of loans by equity affiliates | $ | 401 |  |  |  | $ | (1,419) |  |  | $ | (1,245) |
Net borrowings (repayments) of short-term obligations consisted of the following gross and net amounts: |  |  |  |  |  |
Proceeds from issuances of short-term obligations | $ | 4,448 |  |  |  | $ | 10,846 |  |  | $ | 2,586 |
Repayments of short-term obligations | (6,906) |  |  |  | (9,771) |  |  | (1,430) |
Net borrowings (repayments) of short-term obligations with three months or less maturity | (3,114) |  |  |  | (424) |  |  | (3,977) |
Net borrowings (repayments) of short-term obligations | $ | (5,572) |  |  |  | $ | 651 |  |  | $ | (2,821) |
Net sales (purchases) of treasury shares consists of the following gross and net amounts: |  |  |  |  |  |
Shares issued for share-based compensation plans | $ | 1,421 |  |  |  | $ | 226 |  |  | $ | 1,104 |
Shares purchased under share repurchase and deferred compensation plans | (1,383) |  |  |  | (1,757) |  |  | (4,039) |
Net sales (purchases) of treasury shares | $ | 38 |  |  |  | $ | (1,531) |  |  | $ | (2,935) |
Net contributions from (distributions to) noncontrolling interests consisted of the following gross and net amounts: |  |  |  |  |  |
Distributions to noncontrolling interests | $ | (53) |  |  |  | $ | (26) |  |  | $ | (18) |
Contributions from noncontrolling interests | 17 |  |  |  | 2 |  |  | — |
Net contributions from (distributions to) noncontrolling interests | $ | (36) |  |  |  | $ | (24) |  |  | $ | (18) |
The “Other” line in the Operating Activities section includes changes in postretirement benefits obligations and other long-term liabilities. The Consolidated Statement of Cash Flows excludes changes to the Consolidated Balance Sheet that did not affect cash. “Distributions more (less) than income from equity affiliates,” “Depreciation, depletion and amortization,” “Deferred income tax provision,” and “Dry hole expense,” collectively include approximately $4.8 billion in non-cash reductions to properties, plant and equipment in 2020 relating to impairments and other non-cash charges. The company did not have any material impairments in 2021. Refer also to Note 25 Asset Retirement Obligations for a discussion of revisions to the company’s AROs that also did not involve cash receipts or payments for the three years ending December 31, 2021. The major components of “Capital expenditures” and the reconciliation of this amount to the reported capital and exploratory expenditures, including equity affiliates, are presented in the following table.
| Year ended December 31
| 2021 |  |  | 2020 |  | 2019
Additions to properties, plant and equipment * | $ | 7,515 |  |  |  | $ | 8,492 |  |  | $ | 13,839 |
Additions to investments | 460 |  |  |  | 136 |  |  | 140 |
Current-year dry hole expenditures | 83 |  |  |  | 327 |  |  | 124 |
Payments for other assets and liabilities, net | (2) |  |  |  | (33) |  |  | 13 |
Capital expenditures | 8,056 |  |  |  | 8,922 |  |  | 14,116 |
Expensed exploration expenditures | 431 |  |  |  | 500 |  |  | 598 |
Assets acquired through finance leases and other obligations | 64 |  |  |  | 53 |  |  | 181 |
Payments for other assets and liabilities, net | 2 |  |  |  | 42 |  |  | (13) |
Capital and exploratory expenditures, excluding equity affiliates | 8,553 |  |  |  | 9,517 |  |  | 14,882 |
Company’s share of expenditures by equity affiliates | 3,167 |  |  |  | 3,982 |  |  | 6,112 |
Capital and exploratory expenditures, including equity affiliates | $ | 11,720 |  |  |  | $ | 13,499 |  |  | $ | 20,994 |
* Excludes non-cash movements of $316 in 2021, $816 in 2020 and $(239) in 2019. The table below quantifies the beginning and ending balances of restricted cash and restricted cash equivalents in the Consolidated Balance Sheet:
|  | Year ended December 31
|  |  |  | 2021 |  |  | 2020 |  | 2019
Cash and cash equivalents |  |  |  | $ | 5,640 |  |  |  | $ | 5,596 |  |  | $ | 5,686 |
Restricted cash included in “Prepaid expenses and other current assets” |  |  |  | 333 |  |  |  | 365 |  |  | 452 |
Restricted cash included in “Deferred charges and other assets” |  |  |  | 822 |  |  |  | 776 |  |  | 773 |
Total cash, cash equivalents and restricted cash |  |  |  | $ | 6,795 |  |  |  | $ | 6,737 |  |  | $ | 6,911 |

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- Definition The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -URI http://asc.fasb.org/topic&trid=2134446 + Details
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