Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions |
9 Months Ended | |||
|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
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| Cash flows from operating activities: | ||||
| Net income (loss) | $ (5,616) | $ (641) | ||
| Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ||||
| Impairments and other charges | [1] | 3,189 | 1,895 | |
| Deferred income tax expense (benefit), continuing operations | (1,511) | (411) | ||
| Depreciation, depletion, and amortization | 1,117 | 1,433 | ||
| U.S. tax refund | 430 | 0 | ||
| Payment related to the Macondo well incident | (33) | (333) | ||
| Changes in assets and liabilities: | ||||
| Receivables | 682 | 1,396 | ||
| Accounts payable | (461) | (469) | ||
| Inventories | 388 | (23) | ||
| Other | (947) | (826) | ||
| Total cash flows provided by (used in) operating activities | (2,762) | 2,021 | ||
| Cash flows from investing activities: | ||||
| Capital expenditures | (625) | (1,748) | ||
| Proceeds from sales of property, plant, and equipment | 176 | 133 | ||
| Other investing activities | (73) | (109) | ||
| Total cash flows used in investing activities | (522) | (1,724) | ||
| Cash flows from financing activities: | ||||
| Payments on long-term borrowings | (3,149) | (8) | ||
| Dividends to shareholders | (465) | (460) | ||
| Other financing activities | 163 | 146 | ||
| Total cash flows used in financing activities | (3,451) | (322) | ||
| Effect of exchange rate changes on cash | (53) | (17) | ||
| Increase (decrease) in cash and equivalents | (6,788) | (42) | ||
| Cash and equivalents at beginning of period | 10,077 | 2,291 | ||
| Cash and equivalents at end of period | 3,289 | 2,249 | ||
| Cash payments (receipts) during the period for: | ||||
| Interest | 516 | 355 | ||
| Income taxes | $ (25) | $ 454 | ||
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