XML 18 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:        
Net earnings $ 855 $ 698 $ 1,464 $ 1,701
Adjustments to reconcile net earnings to net cash from operating activities:        
Depreciation, depletion and amortization 768 638 1,490 1,253
Leasehold impairments 1 3 1 3
Amortization of liabilities 0 (8) 0 (15)
Total (gains) losses on commodity derivatives (23) 76 122 12
Cash settlements on commodity derivatives 54 37 78 50
(Gains) losses on asset dispositions 15 (41) 16 (41)
Deferred income tax expense 39 119 79 199
Share-based compensation 27 25 51 48
Other 0 (2) 3 0
Changes in assets and liabilities, net (201) (140) (31) (128)
Net cash from operating activities 1,535 1,405 3,273 3,082
Cash flows from investing activities:        
Capital expenditures (948) (1,079) (1,842) (2,091)
Acquisitions of property and equipment (82) (18) (90) (31)
Divestitures of property and equipment 1 1 18 22
Distributions from investments 11 9 22 17
Contributions to investments and other (1) (15) (48) (52)
Net cash from investing activities (1,019) (1,102) (1,940) (2,135)
Cash flows from financing activities:        
Repurchases of common stock (256) (228) (461) (745)
Dividends paid on common stock (223) (462) (522) (1,058)
Contributions from noncontrolling interests 12 8 24 8
Distributions to noncontrolling interests (19) (13) (26) (24)
Shares exchanged for tax withholdings and other (9) (9) (51) (96)
Net cash from financing activities (495) (704) (1,036) (1,915)
Effect of exchange rate changes on cash (1) 2 (3) 2
Net change in cash, cash equivalents and restricted cash 20 (399) 294 (966)
Cash, cash equivalents and restricted cash at beginning of period 1,149 887 875 1,454
Cash, cash equivalents and restricted cash at end of period 1,169 488 1,169 488
Reconciliation of cash, cash equivalents and restricted cash:        
Cash and cash equivalents 1,140 372 1,140 372
Restricted cash 29 116 29 116
Total cash, cash equivalents and restricted cash $ 1,169 $ 488 $ 1,169 $ 488