XML 18 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Activities    
Net Income (Loss) $ 3,512 $ 5,551
Adjustments    
Depreciation, depletion and amortization 4,123 4,091
Dry hole expense 112 28
Distributions more (less) than income from equity affiliates 268 (705)
Net before-tax losses (gains) on asset retirements and sales (19) (30)
Net foreign currency effects 130 (198)
Deferred income tax provision 480 688
Net decrease (increase) in operating working capital (2,408) (1,144)
Decrease (increase) in long-term receivables (40) 27
Net decrease (increase) in other deferred charges (172) (300)
Cash contributions to employee pension plans (263) (256)
Other (534) (924)
Net Cash Provided by Operating Activities 5,189 6,828
Investing Activities    
Acquisition of Hess Corporation common stock (2,225) 0
Capital expenditures (3,927) (4,089)
Proceeds and deposits related to asset sales and returns of investment 600 104
Net sales (purchases) of marketable securities 0 45
Net repayment (borrowing) of loans by equity affiliates (66) (16)
Net Cash Used for Investing Activities (5,618) (3,956)
Financing Activities    
Net borrowings (repayments) of short-term obligations (400) 1,836
Proceeds from issuances of long-term debt 5,491 203
Repayments of long-term debt and other financing obligations (61) (1,012)
Cash dividends - common stock (2,984) (3,003)
Net contributions from (distributions to) noncontrolling interests (11) 4
Net sales (purchases) of treasury shares (3,699) (2,891)
Net Cash Provided by (Used for) Financing Activities (1,664) (4,863)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (3) (72)
Net Change in Cash, Cash Equivalents and Restricted Cash (2,096) (2,063)
Cash, Cash Equivalents and Restricted Cash at January 1 8,262 9,275
Cash, Cash Equivalents and Restricted Cash at March 31 $ 6,166 $ 7,212