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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities      
Net Income (Loss) $ 35,608 $ 15,689 $ (5,561)
Adjustments      
Depreciation, depletion and amortization 16,319 17,925 19,508
Dry hole expense 486 118 1,036
Distributions more (less) than income from equity affiliates (4,730) (1,998) 2,015
Net before-tax gains on asset retirements and sales (550) (1,021) (760)
Net foreign currency effects (412) (7) 619
Deferred income tax provision 2,124 700 (3,604)
Net decrease (increase) in operating working capital 2,125 (1,361) (1,652)
Decrease (increase) in long-term receivables 153 21 296
Net decrease (increase) in other deferred charges (212) (320) (248)
Cash contributions to employee pension plans (1,322) (1,751) (1,213)
Other 13 1,192 141
Net Cash Provided by Operating Activities 49,602 29,187 10,577
Investing Activities      
Acquisition of businesses, net of cash received (2,862)    
Acquisition of businesses, net of cash received   0 373
Capital expenditures (11,974) (8,056) (8,922)
Proceeds and deposits related to asset sales and returns of investment 2,635 1,791 2,968
Net sales (purchases) of marketable securities 117 (1) 35
Net repayment (borrowing) of loans by equity affiliates (24) 401 (1,419)
Net Cash Used for Investing Activities (12,108) (5,865) (6,965)
Financing Activities      
Net borrowings (repayments) of short-term obligations 263 (5,572) 651
Proceeds from issuances of long-term debt 0 0 12,308
Repayments of long-term debt and other financing obligations (8,742) (7,364) (5,489)
Cash dividends - common stock (10,968) (10,179) (9,651)
Net contributions from (distributions to) noncontrolling interests (114) (36) (24)
Net sales (purchases) of treasury shares (5,417) 38 (1,531)
Net Cash Provided by (Used for) Financing Activities (24,978) (23,113) (3,736)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (190) (151) (50)
Net Change in Cash, Cash Equivalents and Restricted Cash 12,326 58 (174)
Cash, Cash Equivalents and Restricted Cash at January 1 6,795 6,737 6,911
Cash, Cash Equivalents and Restricted Cash at December 31 $ 19,121 $ 6,795 $ 6,737