← CONOCOPHILLIPS

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $18.7b $11.0b $9.2b $8.0b
Net Income (Loss) Attributable to Parent ($3.6b) ($855.0m) $6.3b $7.2b ($2.7b) $8.1b $18.7b $11.0b $9.2b $8.0b
Net Income (Loss) Available to Common Stockholders, Basic ($3.6b) ($793.0m) $6.3b $7.3b ($2.7b) $8.1b $18.6b $10.9b $9.2b $8.0b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($3.6b) — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($3.6b) — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 — — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest $56.0m $62.0m $48.0m $68.0m $46.0m $0 $0 — — —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($3.6b) ($793.0m) $6.3b $7.3b ($2.7b) $8.1b $18.7b $11.0b $9.2b $8.0b
Depreciation Amortization Depletion — — — — — — $7.8b $8.4b $9.6b $11.7b
Depreciation, Depletion and Amortization $9.1b $6.8b $6.0b $6.1b $5.5b $7.2b $7.5b $8.3b $9.6b $11.5b
Deferred Income Tax — — — — — — $2.1b $1.1b $367.0m $549.0m
Deferred Income Tax Expense (Benefit) ($2.2b) ($3.7b) $283.0m ($444.0m) ($834.0m) $1.3b $2.1b $1.1b $367.0m $549.0m
Deferred Tax — — — — — — $2.1b $1.1b $367.0m $549.0m
Deferred taxes ($2.2b) ($3.7b) $283.0m ($444.0m) ($834.0m) $1.3b $2.1b $1.1b $367.0m $549.0m
Asset Impairment Charge — — — — — — ($12.0m) $14.0m $80.0m $26.0m
Dry hole costs and leasehold impairments $1.2b $566.0m $95.0m $421.0m $1.1b $44.0m $340.0m $162.0m $46.0m $181.0m
Impairments $139.0m $6.6b $27.0m $405.0m $813.0m $674.0m ($12.0m) $14.0m $80.0m $26.0m
Share-based Payment Arrangement, Expense $272.0m $227.0m $265.0m $274.0m $159.0m $304.0m $377.0m $334.0m $268.0m $336.0m
(Gain) loss on dispositions ($360.0m) ($2.2b) ($1.1b) ($2.0b) ($549.0m) ($486.0m) ($1.1b) ($228.0m) ($51.0m) ($731.0m)
Earnings (Loss)es From Equity Investments — — — — — $446.0m $942.0m — — —
Gain (Loss) on Disposition of Property Plant Equipment $360.0m $2.2b $1.1b $2.0b $549.0m $486.0m $1.1b $228.0m $51.0m $731.0m
Gain (Loss) on Extinguishment of Debt — — — — — — — — ($173.0m) —
Income (Loss) from Equity Method Investments $52.0m $772.0m $1.1b $779.0m $432.0m $832.0m $2.1b $1.7b $1.7b $1.3b
Income Tax Expense (Benefit) ($2.0b) ($1.8b) $3.7b $2.3b ($485.0m) $4.6b $9.5b $5.3b $4.4b $4.7b
Operating Lease, Expense — — — $341.0m $321.0m — — — — —
Other Nonoperating Income (Expense) — $529.0m $173.0m $1.4b ($509.0m) $1.2b $47.0m ($2.0m) ($181.0m) ($20.0m)
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions ($299.0m) $232.0m ($152.0m) ($594.0m) ($645.0m) ($446.0m) ($942.0m) ($964.0m) ($564.0m) ($200.0m)
Changes in operating assets and liabilities:
Additional Financial Items
Accretion Expense, Including Asset Retirement Obligations $425.0m $362.0m $353.0m $326.0m $252.0m $242.0m $250.0m $283.0m $325.0m $378.0m
Accretion on discounted liabilities $425.0m $362.0m $353.0m $326.0m $252.0m $242.0m $250.0m $283.0m $325.0m $378.0m
Asset Retirement Obligation, Accretion Expense $420.0m $358.0m $348.0m $322.0m $248.0m $238.0m $245.0m $278.0m $319.0m $366.0m
Beginning Cash Position — — — — — — $5.4b $6.7b $5.9b $5.9b
Cash Flow From Continuing Financing Activities — — — — — — ($18.1b) ($8.7b) ($8.8b) ($10.1b)
Cash Flow From Continuing Investing Activities — — — — — — ($8.7b) ($12.0b) ($11.2b) ($8.8b)
Change In Account Payable — — — — — — $901.0m ($1.1b) ($543.0m) ($212.0m)
Change In Income Tax Payable — — — — — — $39.0m ($1.8b) $613.0m ($527.0m)
Change In Inventory — — — — — — ($38.0m) ($103.0m) ($68.0m) ($116.0m)
Change In Payable — — — — — — $940.0m ($2.9b) $70.0m ($739.0m)
Change In Payables And Accrued Expense — — — — — — $940.0m ($2.9b) $70.0m ($739.0m)
Change In Prepaid Assets — — — — — — ($173.0m) $337.0m $79.0m ($24.0m)
Change In Receivables — — — — — — ($963.0m) $1.3b ($262.0m) $803.0m
Change In Tax Payable — — — — — — $39.0m ($1.8b) $613.0m ($527.0m)
Change In Working Capital — — — — — — ($234.0m) ($1.4b) ($181.0m) ($76.0m)
Changes In Cash — — — — — — $1.5b ($696.0m) $139.0m $858.0m
Decrease (increase) in accounts and notes receivable $820.0m ($886.0m) $235.0m $505.0m $521.0m ($2.5b) ($963.0m) $1.3b ($262.0m) $803.0m
Decrease (increase) in inventories $44.0m ($55.0m) $86.0m ($67.0m) ($25.0m) ($160.0m) ($38.0m) ($103.0m) ($68.0m) ($116.0m)
Decrease (increase) in prepaid expenses and other current assets $105.0m $69.0m ($55.0m) $37.0m $76.0m ($649.0m) ($173.0m) $337.0m $79.0m ($24.0m)
Depletion — — — — — — $340.0m $162.0m $46.0m $181.0m
Distributions more (less) than income from equity affiliates $299.0m ($232.0m) $152.0m $594.0m $645.0m $446.0m $942.0m $964.0m $564.0m $200.0m
End Cash Position — — — — — — $6.7b $5.9b $5.9b $6.9b
Equity Securities, FV-NI, Gain (Loss) — — — — — $1.0b $251.0m $0 $0 —
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — ($855.0m) — — — — —
Financing Cash Flow — — — — — — ($18.1b) ($8.7b) ($8.8b) ($10.1b)
Foreign Currency Transaction Gain (Loss), before Tax $19.0m ($35.0m) $17.0m ($66.0m) $72.0m $22.0m $100.0m ($92.0m) $50.0m ($11.0m)
Free Cash Flow — — — — — — $18.2b $8.7b $8.0b $7.2b
Gain Loss On Investment Securities — — — — — ($1.0b) ($251.0m) — — —
Increase (Decrease) in Accounts Payable ($524.0m) $265.0m ($52.0m) ($378.0m) ($249.0m) $1.4b $901.0m ($1.1b) ($543.0m) ($212.0m)
Increase (Decrease) in Inventories ($44.0m) $55.0m ($86.0m) $67.0m $25.0m $160.0m $38.0m $103.0m $68.0m $116.0m
Increase (decrease) in taxes and other accruals ($926.0m) $622.0m $421.0m ($676.0m) ($695.0m) $3.2b $39.0m ($1.8b) $613.0m ($527.0m)
Investing Cash Flow — — — — — — ($8.7b) ($12.0b) ($11.2b) ($8.8b)
Investment Income, Interest $57.0m $112.0m $97.0m $166.0m $100.0m $33.0m $195.0m $412.0m $402.0m $311.0m
Issuance Of Capital Stock — — — — — $145.0m $362.0m — — —
Net Business Purchase And Sale — — — — — — ($60.0m) ($2.7b) ($24.0m) $0
Operating Costs and Expenses $5.7b $5.2b $5.2b $5.3b $4.3b $5.7b $7.0b $7.7b $8.8b $10.3b
Operating Gains Losses — — — — — — ($1.3b) ($228.0m) ($51.0m) ($731.0m)
Other ($137.0m) ($112.0m) ($123.0m) ($119.0m) ($26.0m) $7.0m ($49.0m) ($34.0m) ($258.0m) ($76.0m)
Other Non Cash Items — — — — — — $336.0m $63.0m $455.0m $159.0m
Proceeds from asset dispositions $1.3b $13.9b $1.1b $3.0b $1.3b $1.7b $3.5b $632.0m $261.0m $3.2b
Purchase Of Business — — — — — — ($60.0m) ($2.7b) ($24.0m) $0
Repurchase Of Capital Stock — — — — — — ($9.3b) ($5.5b) ($5.5b) ($5.1b)
Working capital changes associated with investing activities ($331.0m) — — ($103.0m) ($155.0m) $134.0m $520.0m $30.0m $302.0m $546.0m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $202.0m — — — — ($102.0m) ($37.0m) ($6.0m) — ($5.0m)
Other Operating Income (Expense), Net — — — — — $1.2b $504.0m $485.0m $452.0m $538.0m
Net Cash Provided by (Used in) Operating Activities $4.4b $7.1b $12.9b $11.1b $4.8b $17.0b $28.3b $20.0b $20.1b $19.8b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($10.2b) ($11.2b) ($12.1b) ($12.6b)
Capital Expenditure Reported $4.9b $4.6b $6.8b $6.6b $4.7b $5.3b ($10.2b) ($11.2b) ($12.1b) ($12.6b)
Capital expenditures and investments ($4.9b) ($4.6b) ($6.8b) ($6.6b) ($4.7b) ($5.3b) ($10.2b) ($11.2b) ($12.1b) ($12.6b)
Acquisition of businesses, net of cash acquired — — — $0 $0 ($8.3b) ($60.0m) ($2.7b) ($24.0m) $0
Payments to Acquire Businesses, Net of Cash Acquired — — — $0 $0 $8.3b $60.0m $2.7b $24.0m $0
Net Investment Purchase And Sale — — — — — — ($2.6b) $1.4b $415.0m ($55.0m)
Net sales (purchases) of investments — ($1.8b) $1.6b ($2.9b) ($658.0m) $3.1b ($2.6b) $1.4b $415.0m ($55.0m)
Purchase Of Investment — — — — — — ($5.8b) ($2.3b) ($3.4b) ($2.1b)
Sale Of Investment — — — — — — $3.2b $3.7b $3.8b $2.1b
Net Other Investing Changes — — — — — — $4.1b $599.0m $577.0m $3.8b
Payments for (Proceeds from) Other Investing Activities $2.0m ($36.0m) ($154.0m) $108.0m $26.0m ($87.0m) ($2.0m) $63.0m ($14.0m) $22.0m
Net Cash Provided by (Used in) Investing Activities ($3.9b) $7.8b ($3.8b) ($6.6b) ($4.1b) ($8.5b) ($8.7b) ($12.0b) ($11.2b) ($8.8b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $2.9b $3.8b $5.6b $0
Issuance of debt $4.6b $0 $0 $0 $300.0m $0 $2.9b $3.8b $5.6b $0
Long Term Debt Issuance — — — — — — $2.9b $3.8b $5.6b $0
Net Issuance Payments Of Debt — — — — — — ($3.4b) $2.4b $610.0m ($913.0m)
Net Long Term Debt Issuance — — — — — — ($3.4b) $2.4b $610.0m ($913.0m)
Long Term Debt Payments — — — — — — ($6.3b) ($1.4b) ($5.0b) ($913.0m)
Repayment Of Debt — — — — — — ($6.3b) ($1.4b) ($5.0b) ($913.0m)
Repayment of debt ($2.3b) ($7.9b) ($5.0b) ($80.0m) ($254.0m) ($505.0m) ($6.3b) ($1.4b) ($5.0b) ($913.0m)
Common Stock Issuance — — — — — $145.0m $362.0m — — —
Issuance of company common stock ($63.0m) ($63.0m) $121.0m ($30.0m) ($5.0m) $145.0m $362.0m ($52.0m) ($78.0m) ($100.0m)
Net Common Stock Issuance — — — — — — ($8.9b) ($5.5b) ($5.5b) ($5.1b)
Proceeds from Issuance of Common Stock ($63.0m) ($63.0m) $121.0m ($30.0m) ($5.0m) $145.0m $362.0m ($52.0m) ($78.0m) ($100.0m)
Common Stock Payments — — — — — — ($9.3b) ($5.5b) ($5.5b) ($5.1b)
Payments for Repurchase of Common Stock $126.0m $3.0b $3.0b $3.5b $892.0m $3.6b $9.3b $5.4b $5.5b $5.0b
Payments of Ordinary Dividends, Common Stock $1.3b $1.3b $1.4b $1.5b $1.8b $2.4b $5.7b $5.6b $3.6b $4.0b
Repurchase of company common stock ($126.0m) ($3.0b) ($3.0b) ($3.5b) ($892.0m) ($3.6b) ($9.3b) ($5.4b) ($5.5b) ($5.0b)
Cash Dividends Paid — — — — — — ($5.7b) ($5.6b) ($3.6b) ($4.0b)
Common Stock Dividend Paid — — — — — — ($5.7b) ($5.6b) ($3.6b) ($4.0b)
Dividend Received CFO — — — — — — $942.0m $964.0m $564.0m $200.0m
Dividends paid ($1k) ($1k) ($1k) ($2k) ($2k) ($2k) ($6k) ($6k) ($4k) ($4k)
Net Other Financing Charges — — — — — — ($49.0m) ($34.0m) ($258.0m) ($76.0m)
Proceeds from (Payments for) Other Financing Activities ($137.0m) ($112.0m) ($123.0m) ($119.0m) ($26.0m) $7.0m ($49.0m) ($34.0m) ($258.0m) ($76.0m)
Net Cash Provided by (Used in) Financing Activities $764.0m ($12.4b) ($9.4b) ($5.2b) ($2.7b) ($6.3b) ($18.1b) ($8.7b) ($8.8b) ($10.1b)
Effect Of Exchange Rate Changes — — — — — — ($224.0m) ($99.0m) ($133.0m) $153.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($66.0m) $232.0m ($117.0m) ($46.0m) ($20.0m) ($34.0m) ($224.0m) ($99.0m) ($133.0m) $153.0m
Effect of exchange rate changes on cash, cash equivalents and restricted cash ($66.0m) $232.0m ($117.0m) ($46.0m) ($20.0m) ($34.0m) ($224.0m) ($99.0m) ($133.0m) $153.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($66.0m) $232.0m ($385.0m) ($789.0m) ($2.0b) $2.1b $1.3b ($795.0m) $6.0m $1.0b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($66.0m) $232.0m $6.2b $5.4b $3.3b $5.4b $6.7b $5.9b $5.9b $6.9b
Cash, cash equivalents and restricted cash at beginning of period $3.6b $6.3b $6.2b $5.4b $3.3b $5.4b $6.7b $5.9b $5.9b $6.9b
Net change in cash, cash equivalents and restricted cash $1.2b $2.7b ($385.0m) ($789.0m) ($2.0b) $2.1b $1.3b ($795.0m) $6.0m $1.0b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $1.3b ($795.0m) $6.0m $1.0b
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.2b $1.2b $772.0m $810.0m $785.0m $924.0m $873.0m $701.0m $806.0m $757.0m
Income Taxes Paid, Net ($318.0m) $1.2b $3.0b $2.9b $905.0m $856.0m $7.4b $5.4b $3.6b $4.8b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.