Marathon oil corporation (MRO)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Operating activities:
Net income

480

1,096

-5,723

-2,140

-2,204

3,046

1,753

1,582

2,946

2,568

1,463

3,528

3,956

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Discontinued operations

0

0

4,893

-53

-503

2,077

822

726

1,228

686

747

144

190

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

1,412

0

Depreciation, depletion and amortization

2,397

2,441

2,372

2,156

2,721

2,861

2,500

2,008

2,263

2,056

1,934

2,108

1,564

Impairments

24

75

229

67

721

132

96

371

310

447

18

-

-

Long-lived asset impairments

-

-

-

-

-

-

-

-

-

-

-

21

-

Exploratory dry well costs and unproved property impairments

114

255

323

220

867

623

720

457

357

225

81

170

233

Gain (Loss) on Disposition of Assets

50

319

58

389

120

-90

-29

127

103

766

202

423

36

Gain (Loss) on Extinguishment of Debt

-3

0

-51

-

-

-

-

-

-279

-92

0

0

-17

Deferred income taxes

-34

52

-61

828

-804

88

-34

-34

-193

-489

546

94

-352

Net (gain) loss on derivative instruments

-72

-14

-36

-66

126

4

-

-

-

-

-

-

-

Net settlements of derivative instruments

52

-281

45

44

55

-5

-

-

-

-

-

-

-

Pension and other post retirement benefits, net

-52

-65

-46

-3

-

-34

45

-32

64

31

-17

133

33

Stock-based compensation

60

53

49

51

45

52

-

-

-

-

-

-

-

Equity method investments, net

-18

-45

-20

-17

-33

-27

-12

-11

-47

-56

-34

-62

43

Changes in the fair value of derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-206

Changes in:
Current receivables

-52

133

334

-67

-790

-119

-217

481

-9

409

188

-2,612

1,329

Inventories

-3

1

-10

-64

-25

11

19

24

-33

71

104

246

89

Current accounts payable and accrued liabilities

-187

179

297

-137

-906

-33

-208

-102

489

1,018

308

-2,532

1,677

Other current assets and liabilities

4

22

-1

-33

-

-

-

-

-

-

-

-

-

All other operating, net

199

155

116

96

63

138

-99

29

-168

-122

-46

262

-24

Net Cash Provided by (Used in) Operating Activities

2,749

3,234

1,988

-

-

5,487

5,270

4,017

6,524

5,870

5,268

6,752

5,900

Net cash provided by operating activities

-

-

-

901

1,537

4,736

4,388

2,874

5,441

4,194

3,172

6,533

5,671

Investing activities:
Additions to property, plant and equipment

2,550

2,753

1,974

1,204

3,485

5,160

4,443

4,361

2,986

3,536

3,349

6,989

3,757

Additions to other assets

-36

26

25

-

-

-

-

-

-

-

-

-

-

Payments to Acquire Investments

-

-

-

-

925

0

0

-

-

-

-

-

-

Proceeds from Sale, Maturity and Collection of Investments

-

-

-

-

925

0

0

-

-

-

-

-

-

Additions to other assets

-

-

-

0

-

-

-

-

-

-

-

-

-

Payments to Acquire Businesses, Net of Cash Acquired

293

25

1,891

902

0

21

74

1,033

4,470

0

-

-

3,926

Disposal of assets, net of cash transferred to the buyer

-76

1,264

1,787

1,219

225

3,760

450

467

518

1,368

812

999

137

Trusteed funds- withdrawals

-

-

-

-

-

-

-

-

-

-

-

-752

280

Investments - loans and advances

-

-

-

-

-

-

-

-

-

-

-

117

114

Equity method investments - return of capital

64

57

64

55

77

61

61

57

59

58

59

93

59

All other investing, net

-1

-13

5

1

-24

10

-35

-10

-14

47

-119

16

35

Net cash used in investing activities

-2,818

-1,470

-2,044

-833

-3,159

-1,746

-4,521

-5,439

-7,667

-2,621

-5,238

-5,405

-7,481

Financing activities:
Commercial paper, net

-

-

-

-

-

-

-65

200

0

0

-

-

-

Borrowings

600

0

988

0

1,996

0

0

1,997

0

0

1,491

1,247

2,261

Debt issuance costs

-

-

-

-

-

-

0

21

0

0

11

7

20

Repayments of Long-term Debt

600

0

2,764

1

1,069

68

182

145

2,877

653

68

1,366

694

Debt extinguishment costs

2

0

46

0

0

-

-

-

-

-

-

-

-

Common stock issuance

-

-

-

1,236

0

0

-

-

-

-

4

-

27

Purchases of common stock

362

713

11

6

11

1,000

500

0

300

0

0

402

822

Excess tax benefits from stock-based compensation arrangements

-

-

-

-

-

-

-

-

-

-

-

-

30

Dividends paid

162

169

170

162

460

543

508

480

567

704

679

681

637

Financing activities of discontinued operations

-

-

-

-

-

-

-

-

2,916

-12

-13

-

-

Distribution in spin-off

-

-

-

-

-

-

-

-

1,622

0

-

-

-

All other financing, net

-9

23

0

1

-5

18

93

49

155

14

0

16

-

Contributions from minority shareholders of Equatorial Guinea LNG Holdings Limited

-

-

-

-

-

-

-

-

-

-

-

-

39

Net cash used in financing activities

-535

-859

-2,003

1,068

451

-1,593

-1,162

1,600

-2,295

-1,355

724

-1,193

184

Cash flow from discontinued operations:
Operating activities

-

-

-

-

39

-

-

-

-

-

-

-

-

Deconsolidation of Equatorial Guinea LNG Holdings Limited

-

-

-

-

-

-

-

-

-

-

-

-

37

Cash Provided by (Used in) Investing Activities, Discontinued Operations

-

-

-

-

-43

-376

-550

-579

-802

-464

-2,879

-127

-88

Change in cash included in current assets held for sale

-

-

-

-

90

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Discontinued Operations

0

0

130

238

86

751

882

1,143

1,083

1,676

2,096

219

229

Effect of exchange rate on cash and cash equivalents

-

-

-

-

-3

-2

-3

7

-

-

-

-44

9

Effect of Exchange Rate on Cash and Cash Equivalents, Discontinued Operations

-

-

-

-

-

-12

-4

6

-

-

-

-24

2

Effect of exchange rate on cash and cash equivalents

0

-2

4

-3

-

-

-

-

-20

0

18

-

-

Cash held for sale

-

-

-

-2

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-604

903

-1,925

1,369

-1,088

2,134

-420

191

-3,458

1,894

772

86

-1,386