Stock Analysis on Net

Marathon Oil Corp. (NYSE:MRO)

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.

Marathon Oil Corp., consolidated cash flow statement

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Net income (loss) 946  (1,451) 480  1,096  (5,723)
Discontinued operations —  —  —  —  4,893 
Depreciation, depletion and amortization 2,066  2,316  2,397  2,441  2,372 
Impairments 60  144  24  75  229 
Exploratory dry well costs and unproved property impairments 125  159  114  255  323 
Net (gain) loss on disposal of assets 19  (9) (50) (319) (58)
Loss on early extinguishment of debt 121  28  —  51 
Deferred income taxes (27) (22) (34) 52  (61)
Unrealized (gain) loss on derivative instruments, net (16) 27  124  (267) 87 
Pension and other post retirement benefits, net (31) (43) (52) (65) (46)
Stock-based compensation 40  57  60  53  49 
Equity method investments, net (76) 210  18  45  20 
Current receivables (389) 367  52  (133) (334)
Inventories (1) (4) (1) 10 
Current accounts payable and accrued liabilities 369  (381) (187) 179  297 
Other current assets and liabilities 46  75  (4) (22)
Changes in current assets and liabilities 25  57  (136) 23  (26)
All other operating, net (13) —  (199) (155) (122)
Adjustments to reconcile net income (loss) to net cash provided by operating activities 2,293  2,924  2,269  2,138  7,711 
Net cash provided by operating activities 3,239  1,473  2,749  3,234  1,988 
Additions to property, plant and equipment (1,046) (1,343) (2,550) (2,753) (1,974)
Additions to other assets —  15  36  (26) (25)
Acquisitions, net of cash acquired (47) (1) (293) (25) (1,891)
Disposal of assets, net of cash transferred to the buyer 22  18  (76) 1,264  1,787 
Equity method investments, return of capital 61  64  57  64 
All other investing, net —  13  (5)
Net cash used in investing activities (1,010) (1,303) (2,818) (1,470) (2,044)
Borrowings —  400  600  —  988 
Debt repayments (1,400) (500) (600) —  (2,764)
Debt extinguishment costs (117) (27) (2) —  (46)
Purchases of common stock (734) (92) (362) (713) (11)
Dividends paid (141) (64) (162) (169) (170)
All other financing, net (3) (9) 23  — 
Net cash used in financing activities (2,391) (286) (535) (859) (2,003)
Operating activities —  —  —  —  141 
Investing activities —  —  —  —  (13)
Changes in cash included in current assets held for sale —  —  —  — 
Net increase in cash and cash equivalents of discontinued operations —  —  —  —  130 
Effect of exchange rate on cash and cash equivalents —  —  —  (2)
Net increase (decrease) in cash and cash equivalents (162) (116) (604) 903  (1,925)
Cash and cash equivalents at beginning of period 742  858  1,462  563  2,488 
Cash and cash equivalents included in current assets held for sale —  —  —  (4) — 
Cash and cash equivalents at end of period 580  742  858  1,462  563 

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

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. Marathon Oil Corp. net cash provided by operating activities decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
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. Marathon Oil Corp. net cash used in investing activities increased from 2019 to 2020 and from 2020 to 2021.
Net cash 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. Marathon Oil Corp. net cash used in financing activities increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.