XML 20 R5.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:        
Net earnings $ 698 $ 1,938 $ 1,701 $ 2,933
Adjustments to reconcile net earnings to net cash from operating activities:        
Depreciation, depletion and amortization 638 528 1,253 1,017
Leasehold impairments 0 7 0 8
Amortization of liabilities (8) (9) (15) (15)
Total losses on commodity derivatives 76 170 12 853
Cash settlements on commodity derivatives 37 (472) 50 (816)
Gains on asset dispositions (41) (14) (41) (15)
Deferred income tax expense 119 305 199 469
Share-based compensation 25 23 48 43
Other (2) 4 0 (17)
Changes in assets and liabilities, net (140) 198 (128) 55
Net cash from operating activities 1,405 2,678 3,082 4,515
Cash flows from investing activities:        
Capital expenditures (1,079) (573) (2,091) (1,110)
Acquisitions of property and equipment (18) (100) (31) (101)
Divestitures of property and equipment 1 9 22 35
Distributions from investments 9 15 17 23
Contributions to investments and other (15) (21) (52) (43)
Net cash from investing activities (1,102) (670) (2,135) (1,196)
Cash flows from financing activities:        
Repurchases of common stock (228) (324) (745) (535)
Dividends paid on common stock (462) (830) (1,058) (1,497)
Contributions from noncontrolling interests 0 0 8 0
Distributions to noncontrolling interests (13) (5) (24) (13)
Shares exchanged for tax withholdings and other (9) (12) (96) (85)
Net cash from financing activities (704) (1,171) (1,915) (2,130)
Effect of exchange rate changes on cash 2 (5) 2 (3)
Net change in cash, cash equivalents and restricted cash (399) 832 (966) 1,186
Cash, cash equivalents and restricted cash at beginning of period 887 2,625 1,454 2,271
Cash, cash equivalents and restricted cash at end of period 488 3,457 488 3,457
Reconciliation of cash, cash equivalents and restricted cash:        
Cash and cash equivalents 372 3,300 372 3,300
Restricted cash 116 157 116 157
Total cash, cash equivalents and restricted cash $ 488 $ 3,457 $ 488 $ 3,457