XML 58 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (134,085) $ (531,259)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation, depletion and amortization 130,707 172,862
Accretion of asset retirement obligations 5,746 9,779
Impairment 164,779 0
Debt issuance costs amortization 2,361 3,008
Amortization of discount, net of premium, on long-term debt 129 672
Loss on extinguishment of debt 0 82,005
Deferred income tax provision 0 4,359
Loss on derivative contracts 42,491 40,897
Cash paid on settlement of derivative contracts (39,164) (21,684)
(Gain) loss on sale of assets (19) 398,174
Stock-based compensation 6,786 19,850
Other 188 (285)
Changes in operating assets and liabilities (89,468) (56,921)
Net cash provided by operating activities 90,451 121,457
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for property, plant and equipment (331,016) (421,876)
Acquisition of assets (2,352) (5,048)
Proceeds from sale of assets 707,366 2,559,374
Net cash provided by investing activities 373,998 2,132,450
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments of borrowings 0 (1,115,500)
Premium on debt redemption 0 (61,997)
Debt issuance costs 0 (91)
Proceeds from sale of royalty trust units 22,119 0
Noncontrolling interest distributions (53,118) (51,256)
Acquisition of ownership interest (2,730) 0
Stock-based compensation excess tax benefit 2 0
Purchase of treasury stock (4,350) (12,041)
Dividends paid — preferred (17,263) (17,263)
Cash (paid) received on settlement of financing derivative contracts (44,128) 3,208
Net cash used in financing activities (99,468) (1,254,940)
NET INCREASE IN CASH AND CASH EQUIVALENTS 364,981 998,967
CASH AND CASH EQUIVALENTS, beginning of year 814,663 309,766
CASH AND CASH EQUIVALENTS, end of period 1,179,644 1,308,733
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of amounts capitalized (92,896) (127,181)
Cash received for income taxes 0 476
Supplemental Disclosure of Noncash Investing and Financing Activities    
Deposit on pending sale 0 (255,000)
Change in accrued capital expenditures 55,242 33,164
Asset retirement costs capitalized $ 818 $ 1,102