Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Apache Corp., consolidated cash flow statement

US$ in millions

12 months ended:	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
Net income (loss) including noncontrolling interest	(23,528)	(5,060)	2,288)	2,001)	4,584)
Loss from discontinued operations	771)	517)	—)	—)	—)
Depreciation, depletion, and amortization	29,372)	10,158)	6,700)	7,109)	4,204)
Impairments	1,920)	2,357)	—)	—)	—)
Asset retirement obligation accretion	145)	181)	243)	232)	154)
Provision for (benefit from) deferred income taxes	(5,778)	495)	263)	677)	1,246)
Other	102)	(51)	260)	226)	46)
Receivables	663)	828)	124)	12)	(759)
Inventories	21)	(44)	(70)	(59)	(37)
Drilling advances	138)	(56)	230)	(343)	26)
Deferred charges and other	(435)	(211)	(124)	61)	27)
Accounts payable	(489)	(294)	479)	(100)	241)
Accrued expenses	(156)	(450)	(553)	(1,142)	90)
Deferred credits and noncurrent liabilities	88)	9)	(5)	(170)	131)
Changes in operating assets and liabilities	(170)	(218)	81)	(1,741)	(281)
Adjustments to reconcile net income (loss) to net cash provided by operating activities	26,362)	13,439)	7,547)	6,503)	5,369)
Net cash provided by operating activities	2,834)	8,379)	9,835)	8,504)	9,953)
Additions to oil and gas property	(4,578)	(9,721)	(10,019)	(8,781)	(6,414)
Additions to gas gathering, transmission, and processing facilities	(233)	(1,159)	(1,201)	(750)	(664)
Acquisitions	(367)	(1,492)	(215)	(3,357)	(1,813)
Proceeds from divestitures	1,245)	2,622)	4,098)	—)	—)
Proceeds from sale of oil and gas properties, other	268)	470)	307)	27)	422)
Other, net	6)	(272)	(86)	(563)	(176)
Net cash used in investing activities	(3,659)	(9,552)	(7,116)	(13,424)	(8,645)
Commercial paper, credit facilities and bank notes, net	(1,570)	1,568)	(513)	549)	(925)
Fixed rate debt borrowings	—)	—)	—)	4,978)	—)
Payments on fixed rate debt	(939)	—)	(2,072)	(400)	—)
Distributions to noncontrolling interest	(129)	(140)	—)	—)	—)
Proceeds from sale of noncontrolling interest	—)	—)	2,948)	—)	—)
Dividends paid	(377)	(365)	(360)	(332)	(306)
Treasury stock activity, net	—)	(1,864)	(997)	—)	—)
Other	53)	49)	21)	(10)	84)
Net cash provided by (used in) financing activities	(2,962)	(752)	(973)	4,785)	(1,147)
Net cash provided by discontinued operating activities	150)	82)	—)	—)	—)
Net cash provided by discontinued investing activities	4,335)	748)	—)	—)	—)
Net cash used in discontinued financing activities	—)	(42)	—)	—)	—)
Net cash provided by discontinued operations	4,485)	788)	—)	—)	—)
Net increase (decrease) in cash and cash equivalents	698)	(1,137)	1,746)	(135)	161)
Cash and cash equivalents at beginning of year	769)	1,906)	160)	295)	134)
Cash and cash equivalents at end of year	1,467)	769)	1,906)	160)	295)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

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Cash flow statement item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Apache Corp. net cash provided by operating activities decreased from 2013 to 2014 and from 2014 to 2015.
Net cash used in investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Apache Corp. net cash used in investing activities decreased from 2013 to 2014 but then increased from 2014 to 2015 exceeding 2013 level.
Net cash provided by (used in) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Apache Corp. net cash provided by (used in) financing activities increased from 2013 to 2014 but then decreased significantly from 2014 to 2015.

Apache Corp. (NYSE:APA)

Cash Flow Statement