Chesapeake energy corporation (CHK)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-308

228

-502

-4,399

-14,635

2,056

894

-594

1,757

1,774

-5,805

604

1,455

Depreciation, Depletion and Amortization

2,264

1,737

1,697

1,107

2,229

2,915

2,903

2,811

1,923

1,614

1,615

2,144

1,988

Deferred Income Tax Expense (Benefit)

-305

-10

11

-171

-4,427

1,097

526

-427

1,110

1,110

-3,487

-36

863

Derivative (gains) losses, net

3

-26

409

-739

932

1,102

71

926

751

-592

-497

712

-415

Cash receipts on derivative settlements, net

202

-345

-18

448

1,123

-253

104

-226

725

-

-

-

-

Realized (gains) losses on financing derivatives

-

-

-

-

-

-

-

-

-

-

-

-38

92

Stock-based compensation

30

32

49

52

78

59

98

120

153

147

140

132

84

(Gains) losses on sales of assets

43

-264

476

-

-

-

-

-

-

-

-

-

-

Loss on sale of oil and natural gas properties

-

-

-

0

-

-

-

-

-

-

-

-

-

Impairment of oil and natural gas properties

-

-

-

-

18,238

0

0

3,315

0

0

11,000

2,800

-

Net (gains) losses on sales of fixed assets

-

-

-

-

-4

199

302

267

437

-

-

-

-

Impairments

11

131

814

3,025

-

-

-

-

-

-

-

-

-

Exploration

49

96

214

-

-

-

-

-

-

-

-

-

-

Renegotiation of natural gas gathering contracts

-

-

-

-

0

0

-

-

-

-

-

-

-

Impairments of fixed assets and other

-

-

-

-

-175

-58

-483

-316

46

137

-

-

-

Losses on investments

-63

139

0

-137

-96

-75

-219

-164

-41

-107

-39

-38

0

Impairments of fixed assets and other

-

-

-

-

-

-

-

-

-

21

-

-

-

Accretion of discount on contingent convertible notes

-

-

-

-

-

-

-

-

-

-

79

79

37

Gains on sales of fixed assets

-

-

-

-

-

-

-

-

-

-

-168

-

-

Loss on sale of other property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

0

Loss on sale of investment

-

-

-

-

0

67

-7

1,092

0

0

-

-

83

Impairments of investments

-

-

-

-

53

5

10

-

-

16

162

180

0

Gains on purchases or exchanges of debt

79

263

235

236

304

-63

-40

-200

5

-29

-40

-4

0

Restructuring and other termination costs

-

-

-

-

-14

-15

175

2

0

-

-

-

0

Provision for legal contingencies, net

-

-

-

-

340

234

0

0

-

-

-

-

-

Other impairments

-

-

-

-

-

-

-

-

-

-

-

30

0

Other

4

118

132

145

-244

-220

-122

-72

-3

-110

-39

-2

8

(Increase) decrease in accounts receivable and other assets

-376

-16

163

4

-1,186

21

-5

68

530

769

31

-22

192

(Decrease) increase in accounts payable, accrued liabilities and other

-630

75

-375

-757

-2,220

-491

-391

-1,015

1,946

717

-100

80

430

(Increase) decrease in inventory and other assets

-

-

-

-

-

-

-

-

-

-

-

-

65

Increase (decrease) in current and non-current revenues and royalties due others

-

-

-

-

-

-

-

-

-

-

-

-

126

Net Cash Provided By Operating Activities

1,623

1,730

475

-204

1,234

4,634

4,614

2,837

5,903

5,117

4,356

5,357

4,974

CASH FLOWS FROM INVESTING ACTIVITIES:
Drilling and completion costs

2,180

1,848

2,113

1,295

3,095

4,581

5,604

8,930

7,467

5,242

3,572

6,104

5,305

Decrease in restricted cash

-

-

-

-

52

37

177

222

44

0

-

-

-

Proceeds from sale of drilling rigs and equipment

-

-

-

-

-

-

-

-

-

-

-

-

369

Deposits on acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

15

Business combination, net

353

0

0

-

-

-

-

-

339

0

0

-

-

Acquisitions of proved and unproved properties

35

128

88

788

533

1,311

1,032

3,161

4,974

6,945

2,268

8,593

3,003

Proceeds from divestitures of proved and unproved properties

130

2,231

1,249

1,406

189

5,813

3,467

5,884

7,651

4,292

1,926

7,670

0

Additions to other property and equipment

48

21

21

37

143

726

972

2,651

2,009

1,326

1,683

3,073

1,439

Proceeds from sales of other property and equipment

6

147

55

131

89

1,003

922

2,492

1,312

883

176

219

36

Cash paid for title defects

-

-

-

-

0

0

-

-

-

-

-

-

-

Proceeds from sales of volumetric production payments

-

-

-

-

-

-

-

-

-

-

-

-

1,089

Proceeds from sales of investments

-

-

-

-

1

0

44

395

-101

134

40

-

124

Proceeds from sales of investments

0

74

0

0

-

239

115

2,000

0

0

-

-

-

Additions to investments

-

-

-

-

-

-

-

-

-

-

-

74

8

Proceeds from sale of compressors

-

-

-

-

-

-

-

-

-

-

-

-

188

Other

-

-

-

77

9

20

-4

1

43

31

1

10

-

Net Cash Used In Investing Activities

-2,480

455

-918

-660

-3,451

454

-2,967

-4,984

-5,812

-8,503

-5,462

-9,965

-7,964

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from revolving credit facility borrowings

10,676

11,697

7,771

5,146

0

7,406

7,669

20,318

15,509

15,117

7,761

13,291

7,932

Payments on revolving credit facility borrowings

10,180

12,059

6,990

5,146

0

7,788

7,682

21,650

17,466

13,303

9,758

11,307

6,160

Proceeds from issuance of senior notes, net

108

-

1,585

2,210

0

-

-

-

1,614

1,967

1,346

2,136

1,607

Proceeds from issuance of term loan, net

1,455

0

0

1,476

0

-

0

-

0

0

-

-

-

Cash paid to purchase debt

1,073

2,813

2,592

2,734

508

3,362

-

-

-

-

-

-

-

Proceeds from issuance of oilfield services senior notes, net of issuance costs

-

-

-

-

-

-

-

-

1,614

1,967

1,346

2,136

1,607

Cash held and retained by SSE at spin-off

-

-

-

-

-

8

-

0

-

-

-

-

-

Extinguishment of other financing

0

122

0

0

-

-

2,141

4,000

-

-

-

-

-

Proceeds from issuance of preferred stock, net of offering costs

-

-

-

-

-

-

-

-

-

2,562

-

-

-

Proceeds from issuance of common stock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

2,598

0

Repayments of Long-term Debt

-

-

-

-

-

-

-

-

2,015

3,434

-

312

0

Cash paid for common stock dividends

-

-

-

-

118

234

233

227

207

189

181

148

115

Cash paid for preferred stock dividends

91

92

183

0

171

171

171

171

172

92

23

35

95

Distribution to midstream joint venture partner

-

-

-

-

-

-

-

-

-

-

-

-

0

Midstream joint venture transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

0

Cash paid on financing derivatives

-

-

-

-

-

53

91

37

-1,043

-621

-109

167

91

Cash paid to repurchase noncontrolling interest of CHK C-T

-

-

-

-

-

0

-

-

-

-

-

-

-

Proceeds from other financings

-

-

-

-

-

-

-

257

300

0

199

-

-

Cash paid to repurchase noncontrolling interest of CHK C-T

-

-

-

-

143

1,254

-

0

0

-

-

-

-

Cash paid to extinguish other financing

-

-

-

-

-

-

141

0

0

-

-

-

-

Cash paid for prepayment of mortgage

-

-

-

-

-

-

55

0

0

-

-

-

-

Distributions to noncontrolling interest owners

4

6

8

10

85

173

215

218

9

0

10

-

-

Cash paid for treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sales of noncontrolling interests

-

-

-

-

-

-

6

1,077

1,348

0

588

-

0

Proceeds from mortgage of building

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sale/leaseback of real estate surface assets

-

-

-

-

-

-

-

-

-

-

-

-

0

Net increase (decrease) in outstanding payments in excess of cash balance

-

-

-

-

-

-

-

-

-

20

-249

330

-98

Cash received from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

15

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

20

Other

-32

-27

-17

-21

-41

-34

-105

-251

213

-88

-118

-30

-27

Net Cash Provided By Financing Activities

859

-2,186

-434

921

-1,066

-1,817

-1,097

2,083

158

3,181

-336

6,356

2,988

Net increase in cash and cash equivalents

2

-1

-877

57

-3,283

3,271

550

-64

249

-205

-1,442

1,748

-2

SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid, net of capitalized interest

691

664

667

344

235

96

43

0

0

11

64

97

273

Income taxes paid, net of refunds received

-6

-3

-16

-27

44

10

26

44

-25

-291

7

296

55

SUPPLEMENTAL DISCLOSURE OF SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for business combination

2,037

0

0

471

0

0

-

-

-

-

-

-

-

Debt exchanged for common stock

693

0

0

-

-

-

-

-

-

-

-

-

-

Preferred stock exchanged for common stock

40

0

0

-

-

-

-

-

-

-

-

-

-

Change in divested proved and unproved properties

-

-

-

-

-

38

-104

-

-

-

-

-

-

Change in accrued acquisitions of proved and unproved properties

-

-

-

-

-

-74

-1

242

81

-

-

-

-

Divestiture of proved and unproved CHK-C-T properties

-

-

-

-

1,024

0

0

-

-

-

-

-

-

Change in senior notes exchanged

971

0

0

-

-

-

-

-

-

-

-

-

-

Acquisition of other property and equipment including assets under finance lease

0

27

0

0

-

-

-

-

-

-

-

-

-

Repurchase of noncontrolling interest, Non-Cash Investing and Financing Activities

-

-

-

-

872

0

0

-

-

-

-

-

-

Change in accrued additions to other property and equipment

-

-

-

-

-

-

-

-25

64

-

-

-

-

Change in accrued drilling and completion costs
Change in non-cash investing and financing activities

-19

174

14

-23

-

-84

-63

-75

176

-

-

-

-

Change In Accrued Acquisitions Of Proved And Unproved Properties [Member]
Change in accrual

-

-

-

-13

-

-

-

-

-

-

-

-

-

Change in divested proved and unproved properties
Change in non-cash investing and financing activities

-

-

-

52

-

-

-

-

-

-

-

-

-