XML 72 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOW FROM OPERATING ACTIVITIES    
Net loss $ (1,745) $ (44)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion and amortization 119 118
Asset impairments 1,736 0
Net derivative (gain) loss from commodity contracts (79) 89
Net proceeds from settled commodity derivatives 98 14
Net gain on early extinguishment of debt (5) (6)
Amortization of deferred gain (17) (18)
Dry hole expenses 0 3
Other non-cash charges to income, net 8 26
Changes in operating assets and liabilities, net 113 (24)
Net cash provided by operating activities 228 158
CASH FLOW FROM INVESTING ACTIVITIES    
Capital investments (30) (131)
Changes in capital investment accruals (19) (47)
Asset divestitures 41 0
Acquisitions 0 (2)
Other (4) (2)
Net cash used in investing activities (12) (182)
CASH FLOW FROM FINANCING ACTIVITIES    
Proceeds from 2014 Revolving Credit Facility 449 615
Repayments of 2014 Revolving Credit Facility (459) (579)
Debt repurchases (3) (14)
2020 Senior Notes payment (100) 0
Contributions from noncontrolling interest holders, net 2 49
Distributions paid to noncontrolling interest holders (44) (20)
Shares canceled for taxes (1) (1)
Net cash (used in) provided by financing activities (156) 50
Increase in cash 60 26
Cash—beginning of period 17 17
Cash—end of period $ 77 $ 43