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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING ACTIVITIES    
Net income $ 623,562 $ 480,147
Adjustments to reconcile net earnings to net cash provided from operating activities:    
Depreciation, amortization and depletion 76,944 70,644
Loss on currency translation effect 7,531 8,179
Deferred income taxes benefit (12,509) (37,743)
Cash provided from (used for) operating assets and liabilities:    
Accounts receivable 59,047 74,374
Inventories 11,812 (88,002)
Accounts payable and accrued liabilities (34,855) (24,254)
Other operating assets and liabilities (11,125) 31,727
Net cash provided from operating activities 720,407 515,072
INVESTING ACTIVITIES    
Capital expenditures (177,417) (72,989)
Proceeds from (purchase of) short-term investments, net 294,694 (144,629)
Payments to development stage properties accounted for as equity method investments   (11,318)
Other 98 723
Net cash provided from (used for) investing activities 117,375 (228,213)
FINANCING ACTIVITIES    
Debt repaid   (5,250)
Cash dividends paid to common stockholders (159,811) (493,004)
Distributions to non-controlling interest (472) (2,193)
Other 153 (1,218)
Net cash used for financing activities (160,130) (501,665)
Effect of exchange rate changes on cash and cash equivalents (7,589) (4,574)
Increase (decrease) in cash and cash equivalents 670,063 (219,380)
Cash and cash equivalents, at beginning of period 848,118 2,192,677
Cash and cash equivalents, at end of period 1,518,181 1,973,297
Retained earnings
   
Non-Cash transactions    
Effect of common stock dividend 296,590  
Treasury stock
   
Non-Cash transactions    
Effect of common stock dividend (151,458)  
Additional paid-in capital
   
Non-Cash transactions    
Effect of common stock dividend $ (145,132)