10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2014 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 24, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Cash Flows From Operating Activities | |||
| Net income | $ 6,938 | 9,215 | 8,498 |
| Adjustments to reconcile net income to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 8,329 | 7,434 | 6,580 |
| Impairments | 856 | 529 | 680 |
| Dry hole costs and leasehold impairments | 1,166 | 443 | 874 |
| Accretion on discounted liabilities | 484 | 434 | 394 |
| Deferred taxes | 709 | 1,311 | 1,397 |
| Undistributed equity earnings | 77 | (822) | (596) |
| Gain on dispositions | (98) | (1,242) | (1,657) |
| Income from discontinued operations | (1,131) [1] | (1,178) | (1,017) |
| Other | (233) | (371) | (456) |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | 1,227 | 744 | (1,866) |
| Decrease (increase) in inventories | (193) | (278) | 210 |
| Decrease (increase) in prepaid expenses and other current assets | (190) | (83) | 513 |
| Increase (decrease) in accounts payable | (783) | 183 | 1,103 |
| Increase (decrease) in taxes and other accruals | (566) | (518) | (1,199) |
| Net cash provided by continuing operating activities | 16,592 | 15,801 | 13,458 |
| Net cash provided by discontinued operations | 143 | 286 | 464 |
| Net Cash Provided by Operating Activities | 16,735 | 16,087 | 13,922 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (17,085) | (15,537) | (14,172) |
| Proceeds from asset dispositions | 1,603 | 10,220 | 2,132 |
| Net sales (purchases) of short-term investments | 253 | (263) | 597 |
| Collection of advances/loans-related parties | 603 | 145 | 114 |
| Other | (446) | (212) | 821 |
| Net cash used in continuing investing activities | (15,072) | (5,647) | (10,508) |
| Net cash provided by (used in) discontinued operations | (59) | (604) | (1,119) |
| Net Cash Provided by (Used in) Investing Activities | (15,131) | (6,251) | (11,627) |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 2,994 | 1,996 | |
| Repayment of debt | (2,014) | (946) | (2,565) |
| Special cash distribution from Phillips 66 | 7,818 | ||
| Change in restricted cash | 0 | 748 | (748) |
| Issuance of company common stock | 35 | 20 | 138 |
| Repurchase of company common stock | 0 | 0 | (5,098) |
| Dividends paid on company common stock | (3,525) | (3,334) | (3,278) |
| Other | (64) | (3,621) | (725) |
| Net cash used in continuing financing activities | (2,574) | (7,133) | (2,462) |
| Net cash used in discontinued operations | 0 | 0 | (2,019) |
| Net Cash Used in Financing Activities | (2,574) | (7,133) | (4,481) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (214) | (75) | 24 |
| Net Change in Cash and Cash Equivalents | (1,184) | 2,628 | (2,162) |
| Cash and cash equivalents at beginning of period | 6,246 | 3,618 | |
| Cash and Cash Equivalents at End of Period | 5,062 | 6,246 | 3,618 |
| [1] Net of provision for income taxes on discontinued operations of: $16, $283, $745 | |||
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2014 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |