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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net earnings $ 1,003 $ 995
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation, depletion and amortization 615 489
Leasehold impairments 0 1
Amortization of liabilities (7) (6)
Total (gains) losses on commodity derivatives (64) 683
Cash settlements on commodity derivatives 13 (344)
Gains on asset dispositions 0 (1)
Deferred income tax expense 80 164
Share-based compensation 23 20
Other 2 (21)
Changes in assets and liabilities, net 12 (143)
Net cash from operating activities 1,677 1,837
Cash flows from investing activities:    
Capital expenditures (1,012) (537)
Acquisitions of property and equipment (13) (1)
Divestitures of property and equipment 21 26
Distributions from investments 8 8
Contributions to investments (37) (22)
Net cash from investing activities (1,033) (526)
Cash flows from financing activities:    
Repurchases of common stock (517) (211)
Dividends paid on common stock (596) (667)
Distributions to noncontrolling interests (11) (8)
Shares exchanged for tax withholdings and other (87) (73)
Net cash from financing activities (1,211) (959)
Effect of exchange rate changes on cash 0 2
Net change in cash, cash equivalents and restricted cash (567) 354
Cash, cash equivalents and restricted cash at beginning of period 1,454 2,271
Cash, cash equivalents and restricted cash at end of period 887 2,625
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 761 2,459
Restricted cash 126 166
Total cash, cash equivalents and restricted cash $ 887 $ 2,625