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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net earnings (loss) $ 6,037 $ 2,833 $ (2,671)
Adjustments to reconcile net earnings (loss) to net cash from operating activities:      
Net loss from discontinued operations, net of income taxes 0 0 128
Depreciation, depletion and amortization 2,223 2,158 1,300
Asset impairments 0 0 2,693
Leasehold impairments 12 4 152
(Amortization) accretion of liabilities (31) (27) 32
Total (gains) losses on commodity derivatives 658 1,544 (155)
Cash settlements on commodity derivatives (1,356) (1,462) 316
Gains on asset dispositions (44) (168) (1)
Deferred income tax expense (benefit) 1,179 49 (328)
Share-based compensation 88 99 88
Early retirement of debt 0 (30) 0
Other (10) 15 5
Changes in assets and liabilities, net (226) (116) (95)
Net cash from operating activities - continuing operations 8,530 4,899 1,464
Cash flows from investing activities:      
Capital expenditures (2,542) (1,989) (1,153)
Acquisitions of property and equipment (2,583) (18) (8)
Divestitures of property and equipment 39 79 34
WPX acquired cash 0 344 0
Distributions from investments 39 35 0
Contributions to investments (76) (25) 0
Net cash from investing activities - continuing operations (5,123) (1,574) (1,127)
Cash flows from financing activities:      
Repayments of long-term debt 0 (1,243) 0
Early retirement of debt 0 (59)  
Repurchases of common stock (718) (589) (38)
Dividends paid on common stock (3,379) (1,315) (257)
Contributions from noncontrolling interests 0 4 21
Distributions to noncontrolling interests (30) (21) (14)
Acquisition of noncontrolling interests 0 (24) 0
Shares exchanged for tax withholdings and other (86) (45) (18)
Net cash from financing activities - continuing operations (4,213) (3,292) (306)
Effect of exchange rate changes on cash - continuing operations (11) 1 0
Net change in cash, cash equivalents and restricted cash - continuing operations (817) 34 31
Cash flows from discontinued operations:      
Operating activities 0 0 (110)
Investing activities 0 0 481
Financing activities 0 0 0
Effect of exchange rate changes on cash 0 0 (9)
Net change in cash, cash equivalents and restricted cash of discontinued operations 0 0 362
Net change in cash, cash equivalents and restricted cash (817) 34 393
Cash, cash equivalents and restricted cash at beginning of period 2,271 2,237 1,844
Cash, cash equivalents and restricted cash at end of period 1,454 2,271 2,237
Reconciliation of cash, cash equivalents and restricted cash:      
Cash and cash equivalents 1,314 2,099 2,047
Restricted cash 140 172 190
Total cash, cash equivalents and restricted cash $ 1,454 $ 2,271 $ 2,237