Chesapeake Energy 2015 Annual Report Download - page 154

Download and view the complete annual report

Please find page 154 of the 2015 Chesapeake Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 175

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175

CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
150
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2015
($ in millions)
Parent Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries Eliminations Consolidated
CASH FLOWS FROM
OPERATING ACTIVITIES:
Net Cash Provided By
Operating Activities ................... $ — $ 1,142 $ 110 $ (18) $ 1,234
CASH FLOWS FROM
INVESTING ACTIVITIES:
Drilling and completion costs ................ — (3,032) (63) — (3,095)
Acquisitions of proved and unproved
properties........................................... —(529) (4) — (533)
Proceeds from divestitures of proved
and unproved properties.................... — 152 37 — 189
Additions to other property and
equipment.......................................... —(148) 5 — (143)
Other investing activities ....................... — 67 52 12 131
Net Cash Used In
Investing Activities..................... — (3,490) 27 12 (3,451)
CASH FLOWS FROM
FINANCING ACTIVITIES:
Cash paid to repurchase noncontrolling
interest of CHK C-T ........................... — — (143) — (143)
Cash paid to purchase debt.................. (508) — — — (508)
Other financing activities....................... (789) 473 (77) (22) (415)
Intercompany advances, net................. (1,875)1,875 — — —
Net Cash Provided by (Used In)
Financing Activities ................... (3,172)2,348 (220) (22) (1,066)
Net decrease in cash and cash equivalents (3,172) — (83) (28) (3,283)
Cash and cash equivalents,
beginning of period .................................. 4,100 2 84 (78) 4,108
Cash and cash equivalents, end of period .. $ 928 $ 2$ 1 $ (106) $ 825