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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions | 6 Months Ended
--- | ---
Jun. 30, 2023 | Jun. 30, 2022
Cash Flows from Operating Activities |  |
Net Income | $ 3,576 | $ 2,628
Items Not Requiring (Providing) Cash |  |
Depreciation, Depletion and Amortization | 1,664 | 1,758
Impairments | 69 | 146
Stock-Based Compensation Expenses | 69 | 65
Deferred Income Taxes | 428 | (567)
Gains on Asset Dispositions, Net | (60) | (122)
Other, Net | 6 | (10)
Dry Hole Costs | 1 | 23
Mark-to-Market Financial Commodity Derivative Contracts |  |
(Gains) Losses, Net | (477) | 4,197
Net Cash Payments for Settlements of Financial Commodity Derivative Contracts | (153) | (2,410)
Other, Net | (1) | 21
Changes in Components of Working Capital and Other Assets and Liabilities |  |
Accounts Receivable | 475 | (1,400)
Inventories | (303) | (171)
Accounts Payable | (308) | 389
Accrued Taxes Payable | 20 | 77
Other Assets | 95 | (142)
Other Liabilities | 146 | (1,817)
Changes in Components of Working Capital Associated with Investing Activities | 285 | 211
Net Cash Provided by Operating Activities | 5,532 | 2,876
Investing Cash Flows |  |
Additions to Oil and Gas Properties | (2,646) | (2,288)
Additions to Other Property, Plant and Equipment | (499) | (145)
Proceeds from Sales of Assets | 121 | 231
Other Investing Activities | 0 | (30)
Changes in Components of Working Capital Associated with Investing Activities | (285) | (211)
Net Cash Used in Investing Activities | (3,309) | (2,443)
Financing Cash Flows |  |
Long-Term Debt Repayments | (1,250) | 0
Dividends Paid | (1,547) | (2,509)
Treasury Stock Purchased | (619) | (58)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan | 9 | 17
Debt Issuance Costs | (8) | 0
Repayment of Finance Lease Liabilities | (16) | (19)
Net Cash Used in Financing Activities | (3,431) | (2,569)
Effect of Exchange Rate Changes on Cash | 0 | 0
Decrease in Cash and Cash Equivalents | (1,208) | (2,136)
Cash and Cash Equivalents at Beginning of Period | 5,972 | 5,209
Cash and Cash Equivalents at End of Period | $ 4,764 | $ 3,073

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