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: 2021 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 17, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Cash Flows From Operating Activities | |||
| Net income | $ 8,079 | (2,655) | 7,257 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 7,208 | 5,521 | 6,090 |
| Impairments | 674 | 813 | 405 |
| Dry hole costs and leasehold impairments | 44 | 1,083 | 421 |
| Accretion on discounted liabilities | 242 | 252 | 326 |
| Deferred taxes | 1,346 | (834) | (444) |
| Undistributed equity earnings | 446 | 645 | 594 |
| Gain on dispositions | (486) | (549) | (1,966) |
| (Gain) loss on investment in CVE common shares | (1,040) | 855 | (649) |
| Other | (788) | 43 | (351) |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | (2,500) | 521 | 505 |
| Increase in inventories | (160) | (25) | (67) |
| Decrease (increase) in prepaid expenses and other current assets | (649) | 76 | 37 |
| Increase (decrease) in accounts payable | 1,399 | (249) | (378) |
| Increase (decrease) in taxes and other accruals | 3,181 | (695) | (676) |
| Net Cash Provided by Operating Activities | 16,996 | 4,802 | 11,104 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (5,324) | (4,715) | (6,636) |
| Working capital changes associated with investing activities | 134 | (155) | (103) |
| Acquisition of businesses, net of cash acquired | (8,290) | 0 | 0 |
| Proceeds from asset dispositions | 1,653 | 1,317 | 3,012 |
| Net sales (purchases) of investments | 3,091 | (658) | (2,910) |
| Collection of advances/loans-related parties | 105 | 116 | 127 |
| Other | 87 | (26) | (108) |
| Net Cash Used in Investing Activities | (8,544) | (4,121) | (6,618) |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 0 | 300 | 0 |
| Repayment of debt | (505) | (254) | (80) |
| Issuance of company common stock | 145 | (5) | (30) |
| Repurchase of company common stock | (3,623) | (892) | (3,500) |
| Dividends paid | (2,359) | (1,831) | (1,500) |
| Other | 7 | (26) | (119) |
| Net Cash Used in Financing Activities | (6,335) | (2,708) | (5,229) |
| Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash | (34) | (20) | (46) |
| Net Change in Cash, Cash Equivalents and Restricted Cash | 2,083 | (2,047) | (789) |
| Cash, cash equivalents and restricted cash at beginning of period | 3,315 | 5,362 | |
| Cash, Cash Equivalents and Restricted Cash at End of Period | 5,398 | 3,315 | 5,362 |
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2021 | |
| 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 |