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: 2022 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 16, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Cash Flows From Operating Activities | |||
| Net income (loss) | $ 18,680 | 8,079 | (2,655) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 7,504 | 7,208 | 5,521 |
| Impairments | (12) | 674 | 813 |
| Dry hole costs and leasehold impairments | 340 | 44 | 1,083 |
| Accretion on discounted liabilities | 250 | 242 | 252 |
| Deferred taxes | 2,086 | 1,346 | (834) |
| Undistributed equity earnings | 942 | 446 | 645 |
| Gain on dispositions | (1,077) | (486) | (549) |
| (Gain) loss on investment in Cenovus Energy | (251) | (1,040) | 855 |
| Other | 86 | (788) | 43 |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | (963) | (2,500) | 521 |
| Increase in inventories | (38) | (160) | (25) |
| Decrease (increase) in prepaid expenses and other current assets | (173) | (649) | 76 |
| Increase (decrease) in accounts payable | 901 | 1,399 | (249) |
| Increase (decrease) in taxes and other accruals | 39 | 3,181 | (695) |
| Net Cash Provided by Operating Activities | 28,314 | 16,996 | 4,802 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (10,159) | (5,324) | (4,715) |
| Working capital changes associated with investing activities | 520 | 134 | (155) |
| Acquisition of businesses, net of cash acquired | (60) | (8,290) | 0 |
| Proceeds from asset dispositions | 3,471 | 1,653 | 1,317 |
| Net sales (purchases) of investments | (2,629) | 3,091 | (658) |
| Collection of advances/loansrelated parties | 114 | 105 | 116 |
| Other | 2 | 87 | (26) |
| Net Cash Used in Investing Activities | (8,741) | (8,544) | (4,121) |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 2,897 | 0 | 300 |
| Repayment of debt | (6,267) | (505) | (254) |
| Issuance of company common stock | 362 | 145 | (5) |
| Repurchase of company common stock | (9,270) | (3,623) | (892) |
| Dividends paid | (5,726) | (2,359) | (1,831) |
| Other | (49) | 7 | (26) |
| Net Cash Used in Financing Activities | (18,053) | (6,335) | (2,708) |
| Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash | (224) | (34) | (20) |
| Net Change in Cash, Cash Equivalents and Restricted Cash | 1,296 | 2,083 | (2,047) |
| Cash, cash equivalents and restricted cash at beginning of period | 5,398 [1] | 3,315 | |
| Cash, Cash Equivalents and Restricted Cash at End of Period | 6,694 [2] | 5,398 [1] | 3,315 |
| [1] Restricted cash of $152 million and $218 million is included in the Prepaid expenses and other current assets and Other assets lines, respectively, of our Consolidated Balance Sheet as of December 31, 2021. | |||
| [2] Restricted cash of $236 million is included in the Other assets line of our Consolidated Balance Sheet as of December 31, 2022. | |||
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2022 | |
| 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 |