XML 17 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (829,137) $ (2,740,605)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities    
Provision for doubtful accounts 16,705 0
Depreciation, depletion and amortization 74,087 226,260
Accretion of asset retirement obligations 2,975 2,191
Impairment 363,743 2,573,257
Reorganization items, net 200,918 0
Debt issuance costs amortization 4,996 4,636
Amortization of discount, net of premium, on debt 2,734 285
Gain on extinguishment of debt (41,179) (17,934)
Write off of debt issuance costs 0 7,108
Gain on debt derivatives (1,324) 0
Cash paid for early conversion of convertible notes (33,452) 0
Loss (gain) on derivative contracts 5,161 (16,823)
Cash received on settlement of derivative contracts 57,970 211,323
Loss on settlement of contract 90,184 0
Cash paid on settlement of contract (11,000) 0
Gain on sale of assets (3,210) (4,674)
Stock-based compensation 7,850 11,533
Other (42) 680
Changes in operating assets and liabilities (47,020) 61,757
Net cash (used in) provided by operating activities (139,041) 318,994
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for property, plant and equipment (126,245) (636,822)
Acquisition of assets (1,397) (3,475)
Proceeds from sale of assets 16,734 11,462
Net cash used in investing activities (110,908) (628,835)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings 488,900 2,190,000
Repayments of borrowings (40,000) (940,000)
Debt issuance costs (332) (39,129)
Noncontrolling interest distributions 0 (84,690)
Purchase of treasury stock (41) (2,714)
Dividends paid — preferred 0 (11,262)
Net cash provided by financing activities 448,527 1,112,205
NET INCREASE IN CASH AND CASH EQUIVALENTS 198,578 802,364
CASH AND CASH EQUIVALENTS, beginning of year 435,588 181,253
CASH AND CASH EQUIVALENTS, end of period 634,166 983,617
Supplemental Disclosure of Noncash Investing and Financing Activities    
Cumulative effect of adoption of ASU 2015-02 (247,566) 0
Property, plant and equipment transferred in settlement of contract (215,635) 0
Change in accrued capital expenditures 16,613 149,066
Equity issued for debt 4,409 (31,396)
Preferred stock dividends paid in common stock $ 0 $ (6,693)