10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

CONOCOPHILLIPS

Ticker: COP   Fiscal Year: 2018

Consolidated Statement of Cash Flows

Period Ending Dec 31, 2018 10-K (Filed: Feb 19, 2019)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2018Dec 31, 2017Dec 31, 2016
Cash Flows From Operating Activities
Net income (loss)
$
6,305
(793)(3,559)
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation, depletion and amortization5,9566,8459,062
Impairments276,601139
Dry hole costs and leasehold impairments955661,184
Accretion on discounted liabilities353362425
Deferred taxes283(3,681)(2,221)
Undistributed equity earnings152(232)299
Gain on dispositions(1,063)(2,177)(360)
Other191(429)(85)
Working capital adjustments
Decrease (increase) in accounts and notes receivable235(886)820
Decrease (increase) in inventories86(55)44
Decrease (increase) in prepaid expenses and other current assets(55)69105
Increase (decrease) in accounts payable(52)265(524)
Increase (decrease) in taxes and other accruals421622(926)
Net Cash Provided by Operating Activities12,9347,0774,403
 
Cash Flows From Investing Activities
Capital expenditures and investments(6,750)(4,591)(4,869)
Increase (Decrease) In Capital Accrual Associated With Investing Activities(68)132(331)
Proceeds from asset dispositions1,08213,8601,286
Net Sales (Purchases) of Short-Term Investments1,620(1,790)(51)
Long-term advances/loans-related parties00
Proceeds from Collection of Long-term Loans to Related Parties119115108
Other15436(2)
Net Cash Provided by (Used in) Investing Activities(3,843)7,762(3,859)
 
Cash Flows From Financing Activities
Issuance of debt004,594
Repayment of debt(4,995)(7,876)(2,251)
Change in restricted cash000
Issuance of company common stock121(63)(63)
Repurchase of company common stock(2,999)(3,000)(126)
Dividends paid(1,363)(1,305)(1,253)
Other(123)(112)(137)
Net Cash Provided by (Used in) Financing Activities(9,359)(12,356)764
 
Effect of Exchange Rate Changes on Cash and Cash Equivalents and Restricted Cash(117)232(66)
Net Change in Cash and Cash Equivalents and Restricted Cash Increase (Decrease)(385)2,7151,242
 
Cash and Cash Equivalents and Restricted Cash at beginning of period6,3253,6102,368
Cash and Cash Equivalents and Restricted Cash at end of period6,1516,3253,610
 
Restricted Cash236
Restatement
Restatement Adjustment
Cash and Cash Equivalents and Restricted Cash at beginning of period6,536 [1]6,536 [1]
Cash and Cash Equivalents and Restricted Cash at end of period6,536 [1]6,536 [1]
 
Restricted Cash211
[1] *Restated to include $211 million of restricted cash at January 1, 2018. See Note 2Changes in Accounting Principles for additional information relating to the adoption of ASU No. 2016-18.
External Links 
CONOCOPHILLIPS (COP) Fiscal Year 2018
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