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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ 1,928 $ (10,486) $ (10,107)
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Impairments and other charges and credits (65) 12,515 12,901
Depreciation and amortization [1] 2,120 2,566 3,589
Deferred taxes (31) (1,248) (1,011)
Stock-based compensation expense 324 397 405
Earnings of equity method investments, less dividends received 10 (28) 6
Change in assets and liabilities:      
(Increase) decrease in receivables [2] (36) 2,345 142
Decrease (increase) in inventories [2] 75 86 (314)
Decrease (increase) in other current assets [2] 387 267 (68)
(Increase) decrease in other assets [2] (2) (25) 22
Increase (decrease) in accounts payable and accrued liabilities [2] 160 (3,330) (161)
(Decrease) increase in estimated liability for taxes on income [2] (154) (201) 6
(Decrease) increase in other liabilities [2] (26) 19 (52)
Other [2] (39) 67 73
NET CASH PROVIDED BY OPERATING ACTIVITIES 4,651 2,944 5,431
Cash flows from investing activities:      
Capital expenditures (1,141) (1,116) (1,724)
APS investments (474) (303) (781)
Multiclient seismic data capitalized (39) (101) (231)
Net proceeds from divestitures   434 348
Proceeds from sale of Liberty shares 109    
Proceeds from formation of Sensia joint venture     238
Business acquisitions and investments, net of cash acquired (103) (33) (23)
Sale (purchase) of short-term investments, net 787 (1,141) 317
Other (58) (93) (155)
NET CASH USED IN INVESTING ACTIVITIES (919) (2,353) (2,011)
Cash flows from financing activities:      
Dividends paid (699) (1,734) (2,769)
Proceeds from employee stock purchase plan 137 146 196
Proceeds from exercise of stock options     23
Stock repurchase program   (26) (278)
Proceeds from issuance of long-term debt 34 5,837 4,004
Repayment of long-term debt (2,076) (4,975) (4,799)
Net (decrease) increase in short-term borrowings (105) 156 (44)
Repayment of finance lease-related obligations   (188)  
Other (115) (89) (51)
NET CASH USED IN FINANCING ACTIVITIES (2,824) (873) (3,718)
Net increase (decrease) in cash before translation effect 908 (282) (298)
Translation effect on cash 5 (11) 2
Cash, beginning of period 844 1,137 1,433
Cash, end of period $ 1,757 $ 844 $ 1,137
[1] Includes depreciation of property, plant and equipment and amortization of intangible assets, multiclient seismic data costs and APS investments.
[2] Net of the effect of business acquisitions and divestitures.