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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:        
Net earnings (loss) $ (668) $ 495 $ (2,483) $ 178
Adjustments to reconcile net earnings (loss) to net cash from operating activities:        
Net (earnings) loss from discontinued operations, net of income taxes (9) (344) 116 (405)
Depreciation, depletion and amortization 299 374 700 734
Asset impairments     2,666  
Leasehold impairments 3 1 113 2
Accretion on discounted liabilities 8 8 16 17
Total (gains) losses on commodity derivatives 361 (140) (359) 465
Cash settlements on commodity derivatives 232 23 333 54
Gains on asset dispositions   (2)   (47)
Deferred income tax expense (benefit)   65 (311) (50)
Share-based compensation 19 25 39 69
Other 4 2 4 (13)
Changes in assets and liabilities, net (99) (75) (155) (136)
Net cash from operating activities - continuing operations 150 432 679 868
Cash flows from investing activities:        
Capital expenditures (307) (486) (732) (976)
Acquisitions of property and equipment (1) (13) (5) (23)
Divestitures of property and equipment 3 28 28 338
Net cash from investing activities - continuing operations (305) (471) (709) (661)
Cash flows from financing activities:        
Repayments of long-term debt       (162)
Repurchases of common stock   (187) (38) (1,185)
Dividends paid on common stock (42) (37) (76) (71)
Contributions from noncontrolling interests 6   11  
Distributions to noncontrolling interests (3)   (6)  
Shares exchanged for tax withholdings and other   (3) (17) (23)
Net cash from financing activities - continuing operations (39) (227) (126) (1,441)
Net change in cash, cash equivalents and restricted cash of continuing operations (194) (266) (156) (1,234)
Cash flows from discontinued operations:        
Operating activities (43) 191 (174) 131
Investing activities 171 2,536 170 2,478
Financing activities 0 0 0 (7)
Effect of exchange rate changes on cash 8 37 (15) 39
Net change in cash, cash equivalents and restricted cash of discontinued operations 136 2,764 (19) 2,641
Net change in cash, cash equivalents and restricted cash (58) 2,498 (175) 1,407
Cash, cash equivalents and restricted cash at beginning of period 1,727 1,355 1,844 2,446
Cash, cash equivalents and restricted cash at end of period 1,669 3,853 1,669 3,853
Reconciliation of cash, cash equivalents and restricted cash:        
Cash and cash equivalents 1,474 3,470 1,474 3,470
Cash restricted for discontinued operations 195 370 195 370
Restricted cash included in other current assets   13   13
Cash, cash equivalents and restricted cash at end of period $ 1,669 $ 3,853 $ 1,669 $ 3,853