| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | ||||||||||||
Net income (loss) | ||||||||||||
891 | 537 | 1,046 | -2,643 | -4,556 | 924 | 704 | -707 | 637 | 603 | -35 | 568 | 221 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||||||
Depreciation, depletion and amortization | ||||||||||||
471 | 560 | 504 | 436 | 1,092 | 942 | 787 | 811 | 707 | 591 | 495 | 416 | 295 |
Impairment of natural gas and oil properties | ||||||||||||
- | - | - | - | 6,950 | - | - | 1,940 | - | - | 907 | 0 | 0 |
Amortization of debt issuance costs | ||||||||||||
8 | 8 | 9 | 14 | 53 | 10 | 4 | 4 | - | - | - | - | - |
Impairments | ||||||||||||
16 | 171 | 0 | 2,321 | - | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||||
-409 | 0 | -71 | -22 | -2,003 | 504 | 497 | -462 | 409 | 379 | 48 | 228 | 135 |
Gain on sale of utility assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -57 | 0 |
(Gain) loss on derivatives, unsettled | ||||||||||||
94 | -24 | 451 | -373 | -155 | 130 | 21 | -2 | 5 | 4 | 5 | 4 | -7 |
Stock-based compensation | ||||||||||||
8 | 14 | 24 | 29 | 26 | 18 | 13 | 12 | 10 | 9 | 10 | 7 | 6 |
Restructuring charges | ||||||||||||
- | - | - | 30 | - | - | - | - | - | - | - | - | - |
Gain on early extinguishment of debt | ||||||||||||
8 | -17 | -70 | -51 | - | - | - | - | - | - | - | - | - |
(Gain) loss on sale of operating assets, net | ||||||||||||
-2 | 17 | 6 | - | 283 | - | - | - | - | - | - | - | - |
Other | ||||||||||||
10 | -1 | 13 | 8 | 34 | 2 | 1 | - | 6 | -1 | 9 | -1 | - |
Impairment of natural gas inventory and other | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -0 |
Change in assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
-234 | 153 | 65 | 30 | -203 | 66 | 86 | 36 | -9 | 88 | 8 | -60 | -76 |
Accounts payable | ||||||||||||
-141 | 65 | 48 | -69 | -78 | 84 | 74 | 41 | 11 | 65 | -21 | 70 | 60 |
Taxes payable | ||||||||||||
0 | 2 | 4 | -5 | -28 | 24 | 5 | 22 | -9 | 24 | -6 | 20 | -3 |
Interest payable | ||||||||||||
0 | -10 | -2 | - | 9 | - | -1 | 5 | 0 | 0 | -1 | 18 | 0 |
Inventories | ||||||||||||
7 | 13 | 1 | - | - | - | 6 | -18 | 12 | -5 | -11 | -39 | -10 |
Advances from partners | ||||||||||||
- | - | - | - | - | - | -69 | -15 | 2 | 29 | -18 | 38 | 7 |
Tax benefit for stock-based compensation | ||||||||||||
- | - | - | - | - | - | - | - | -14 | - | 0 | -43 | - |
Deferred tax benefit - stock options | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Other assets and liabilities | ||||||||||||
17 | -19 | 25 | -5 | -6 | -23 | -7 | -19 | 13 | -26 | -37 | -12 | -6 |
Net cash provided by operating activities | ||||||||||||
964 | 1,223 | 1,097 | 498 | 1,580 | 2,335 | 1,909 | 1,654 | 1,739 | 1,642 | 1,359 | 1,160 | 622 |
Cash Flows From Investing Activities: | ||||||||||||
Capital investments | ||||||||||||
1,099 | 1,290 | 1,268 | 593 | 1,798 | 2,043 | 2,157 | 2,108 | 2,184 | 2,073 | 1,780 | 1,755 | 1,519 |
Acquisitions | ||||||||||||
- | - | - | - | 579 | 5,298 | 96 | - | - | - | - | - | - |
Proceeds from sale of property and equipment | ||||||||||||
54 | 1,643 | 10 | 430 | 729 | 43 | 18 | 201 | 154 | 350 | 0 | 750 | 5 |
Transfers to restricted cash | ||||||||||||
- | - | - | - | - | - | -9 | 168 | 85 | 356 | 0 | 0 | - |
Transfers from restricted cash | ||||||||||||
- | - | - | - | - | - | - | 159 | 85 | 356 | 0 | 0 | - |
Net proceeds from sale of utility assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 213 | 0 |
Other | ||||||||||||
0 | -6 | -6 | -1 | -10 | -10 | -10 | -9 | -5 | 2 | 1 | 0 | -0 |
Net cash used in investing activities | ||||||||||||
-1,045 | 359 | -1,252 | -162 | -1,638 | -7,288 | -2,216 | -1,907 | -2,024 | -1,725 | -1,780 | -792 | -1,513 |
Cash Flows From Financing Activities: | ||||||||||||
Payments on short-term debt | ||||||||||||
- | - | - | - | 4,500 | - | - | - | - | - | 61 | 1 | 1 |
Payments on current portion of long-term debt | ||||||||||||
52 | 0 | 328 | 1 | 1 | 1 | 1 | - | - | - | - | - | - |
Payments on long-term debt | ||||||||||||
54 | 2,095 | 1,139 | 1,175 | 500 | - | - | 1 | 1 | 1 | - | - | - |
Payments on revolving credit facility | ||||||||||||
532 | 1,983 | 0 | 3,268 | 3,024 | 5,179 | 3,148 | 2,264 | 3,445 | 2,958 | 1,371 | 1,843 | 916 |
Borrowings under revolving credit facility | ||||||||||||
566 | 1,983 | 0 | 3,152 | 2,840 | 5,196 | 3,430 | 1,592 | 3,696 | 3,054 | 1,696 | 1,001 | 1,758 |
Payments on commercial paper | ||||||||||||
- | - | - | 242 | 7,988 | - | - | - | - | - | - | - | - |
Borrowings under commercial paper | ||||||||||||
- | - | - | 242 | 7,988 | - | - | - | - | - | - | - | - |
Change in bank drafts outstanding | ||||||||||||
-19 | 17 | 9 | -20 | 12 | 11 | -7 | -36 | 24 | -11 | -30 | 31 | 5 |
Proceeds from issuance of long-term debt | ||||||||||||
0 | 0 | 1,150 | 1,191 | 2,950 | 500 | - | 999 | - | - | - | 600 | 0 |
Proceeds from issuance of short-term debt | ||||||||||||
- | - | - | - | - | 4,500 | - | - | - | - | - | - | - |
Debt issuance costs | ||||||||||||
3 | 9 | 24 | 17 | 20 | 56 | - | 8 | - | - | 0 | 8 | 2 |
Credit Facility costs | ||||||||||||
- | - | - | - | - | - | - | - | -10 | - | - | - | - |
Proceeds from exercise of common stock options | ||||||||||||
- | - | - | - | - | 12 | 10 | 9 | 6 | 3 | 5 | 3 | 5 |
Proceeds from issuance of common stock | ||||||||||||
- | - | - | 1,247 | 669 | - | - | - | - | - | - | - | - |
Purchase of treasury stock | ||||||||||||
21 | 180 | 0 | - | - | - | - | - | - | - | - | - | - |
Proceeds from issuance of mandatory convertible preferred stock | ||||||||||||
- | - | - | - | 1,673 | - | - | - | - | - | - | - | - |
Preferred stock dividend | ||||||||||||
0 | 27 | 16 | 27 | 79 | - | - | - | - | - | - | - | - |
Cash paid for tax withholding | ||||||||||||
1 | 3 | 2 | 9 | - | - | - | - | - | - | - | - | - |
Tax benefit for stock-based compensation | ||||||||||||
- | - | - | - | - | - | - | - | 14 | - | 0 | 43 | 0 |
Other | ||||||||||||
1 | 0 | -2 | -1 | - | - | -7 | - | -0 | -1 | 0 | 0 | - |
Net cash provided by (used in) financing activities | ||||||||||||
-115 | -2,297 | -352 | 1,072 | 20 | 4,983 | 277 | 291 | 284 | 86 | 238 | -174 | 849 |
Effect of exchange rate changes on cash | ||||||||||||
- | - | - | - | - | - | -1 | - | 0 | -0 | 0 | 0 | - |
Increase in cash and cash equivalents | ||||||||||||
-196 | -715 | -507 | 1,408 | -38 | 30 | -31 | 38 | -0 | 2 | -183 | 194 | -41 |