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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net Income (Loss) $ 17,992 $ 4,492
Adjustments    
Depreciation, depletion and amortization 7,354 8,808
Dry hole expense 234 19
Distributions more (less) than income from equity affiliates (3,166) (1,417)
Net before-tax losses (gains) on asset retirements and sales (466) (87)
Net foreign currency effects (225) 159
Deferred income tax provision 1,341 (186)
Net decrease (increase) in operating working capital (405) (1,032)
Decrease (increase) in long-term receivables 52 22
Net decrease (increase) in other deferred charges (119) (116)
Cash contributions to employee pension plans (775) (581)
Other 20 1,069
Net Cash Provided by Operating Activities 21,837 11,150
Investing Activities    
Acquisition of businesses, net of cash received (2,862) 0
Capital expenditures (5,144) (3,543)
Proceeds and deposits related to asset sales and returns of investment 2,349 369
Net sales (purchases) of marketable securities (1) 0
Net repayment (borrowing) of loans by equity affiliates 29 39
Net Cash Used for Investing Activities (5,629) (3,135)
Financing Activities    
Net borrowings (repayments) of short-term obligations 36 1,948
Repayments of long-term debt and other financing obligations (5,689) (3,252)
Cash dividends - common stock (5,512) (5,041)
Net contributions from (distributions to) noncontrolling interests (36) (26)
Net sales (purchases) of treasury shares 1,697 373
Net Cash Provided by (Used for) Financing Activities (9,504) (5,998)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (143) (66)
Net Change in Cash, Cash Equivalents and Restricted Cash 6,561 1,951
Cash, Cash Equivalents and Restricted Cash at January 1 6,795 6,737
Cash, Cash Equivalents and Restricted Cash at June 30 $ 13,356 $ 8,688