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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flow from operating activities:      
Net loss $ (4,025) $ (12,089) $ (745)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation, depletion and amortization 2,610 3,497 3,863
Impairment of Oil and Gas Properties and Goodwill 4,317 13,144 5,454
Non-cash oil and gas drillship settlements 689 0 0
Metals inventory adjustments 36 338 6
Other asset impairments, oil and gas inventory adjustments, and restructuring 134 256 18
Net gain on sales of assets (649) (39) (717)
Stock-based compensation 86 85 106
Net charges for environmental and asset retirement obligations, including accretion 191 209 200
Payments for environmental and asset retirement obligations 242 198 176
Net gain on exchanges and early extinguishment of debt (26) 0 (73)
Deferred income taxes 239 (2,039) (929)
Loss on disposal of discontinued operations (198) 0 0
Decrease (increase) in long-term mill and leach stockpiles 10 (212) (233)
Gain (Loss) on Derivative Instruments, Net, Pretax (35) 87 504
Other Operating Activities, Cash Flow Statement 69 (18) (7)
Changes in working capital and other tax payments, excluding amounts from acquisitions and dispositions:      
Accounts receivable (175) 813 215
Inventories 117 379 (249)
Other current assets 37 97 0
Accounts payable and accrued liabilities (28) (217) (394)
Accrued income taxes and changes in other tax payments 106 (699) (204)
Net cash provided by operating activities 3,729 3,220 5,631
Cash flow from investing activities:      
Capital expenditures (2,813) (6,353) (7,215)
Proceeds from sales of:      
Other assets 423 160 0
Acquisitions of Deepwater Gulf of Mexico interests 0 0 (1,426)
Other, net 8 (53) 221
Net cash provided by (used in) investing activities 3,550 (6,246) (3,801)
Cash flow from financing activities:      
Proceeds from debt 3,681 8,272 8,710
Repayments of debt (7,625) (6,677) (10,306)
Net proceeds from sale of common stock 1,515 1,936 0
Cash dividends and distributions paid:      
Common stock (6) (605) (1,305)
Noncontrolling interests, including redemption (693) (120) (424)
Stock-based awards net (payments) proceeds, including excess tax benefit (6) (4) 9
Debt financing costs and other, net (32) (16) (35)
Net cash (used in) provided by financing activities (3,166) 2,786 (3,351)
Net increase (decrease) in cash and cash equivalents 4,113 (240) (1,521)
(Increase) decrease in cash and cash equivalents in assets held for sale (45) 119 (45)
Cash and cash equivalents at beginning of year 177 298 1,864
Cash and cash equivalents at end of year 4,245 177 298
Tenke Fungurume mine      
Proceeds from sales of:      
Proceeds from sales 2,664 0 0
Deepwater Gulf of Mexico and onshore California oil and gas properties      
Proceeds from sales of:      
Proceeds from sales 2,272 0 0
Morenci      
Proceeds from sales of:      
Proceeds from sales 996 0 0
Eagle Ford shale assets      
Proceeds from sales of:      
Proceeds from sales 0 0 2,910
Candelaria and Ojos del Salado mines      
Proceeds from sales of:      
Proceeds from sales 0 0 1,709
North America copper mines      
Cash flow from investing activities:      
Capital expenditures (102) (355) (969)
South America      
Cash flow from investing activities:      
Capital expenditures (382) (1,722) (1,785)
Indonesia      
Cash flow from investing activities:      
Capital expenditures (1,025) (901) (935)
Molybdenum mines      
Cash flow from investing activities:      
Capital expenditures (2) (13) (54)
United States oil and gas operations      
Cash flow from investing activities:      
Capital expenditures (1,127) (2,948) (3,205)
Other      
Cash flow from investing activities:      
Capital expenditures $ (175) $ (414) $ (267)