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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (3,537,090) $ 37,841
Adjustments to reconcile net (loss) income to net cash provided by operating activities    
Depreciation, depletion and amortization 304,140 370,371
Accretion of asset retirement obligations 3,323 7,927
Impairment 3,647,845 167,966
Debt issuance costs amortization 8,324 7,045
Amortization of discount, net of premium, on long-term debt 1,053 394
Gain on extinguishment of debt (358,633) 0
Write off of debt issuance costs 7,108 0
Gain on long-term debt holder conversion feature (10,146) 0
Cash paid for early conversion of convertible notes (2,708) 0
Gain on derivative contracts (59,034) (4,792)
Cash received (paid) on settlement of derivative contracts 278,581 (48,816)
Loss (gain) on sale of assets 2,097 (978)
Stock-based compensation 15,170 15,853
Other 1,772 488
Changes in operating assets and liabilities 59,084 (157,615)
Net cash provided by operating activities 360,886 395,684
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for property, plant and equipment (761,905) (1,071,465)
Acquisition of assets (3,231) (16,920)
Proceeds from sale of assets 35,387 714,294
Net cash used in investing activities (729,749) (374,091)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings 2,190,000 0
Repayments of borrowings (1,034,466) 0
Debt issuance costs (48,021) 0
Proceeds from sale of royalty trust units 0 22,119
Noncontrolling interest distributions (115,301) (150,440)
Acquisition of ownership interest 0 (2,730)
Stock-based compensation excess tax benefit 0 14
Purchase of treasury stock (3,198) (8,278)
Repurchase of common stock 0 17,542
Dividends paid — preferred (11,262) (45,025)
Cash paid on settlement of financing derivative contracts 0 (44,128)
Net cash provided by (used in) financing activities 977,752 (246,010)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 608,889 (224,417)
CASH AND CASH EQUIVALENTS, beginning of year 181,253 814,663
CASH AND CASH EQUIVALENTS, end of period 790,142 590,246
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of amounts capitalized (213,578) (209,939)
Cash paid for income taxes (95) (543)
Supplemental Disclosure of Noncash Investing and Financing Activities    
Change in accrued capital expenditures 160,853 (49,072)
Equity issued for debt (35,147) 0
Preferred stock dividends paid in common stock $ (16,188) $ 0