PATTERSON UTI ENERGY INCPTEN
| Dec 31,
2010 | Dec 31,
2011 | Dec 31,
2012 | Dec 31,
2013 | Dec 31,
2014 | Dec 31,
2015 | Dec 31,
2016 | Dec 31,
2017 | Dec 31,
2018 | Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 |
|---|
| Net Income (loss) | 117 | 322 | 299 | 188 | 163 | -294 | -319 | 6 | -321 | -426 | -804 | -655 | 155 |
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| Depreciation Depletion Amortization And Impairment | 333 | 437 | 527 | 597 | 719 | 865 | 668 | 783 | 916 | 1,004 | 671 | 849 | 484 |
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| Impairment of goodwill | - | - | - | - | - | 125 | - | - | 211 | 18 | 395 | - | - |
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| Dry holes and abandonments | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 2 | 1 | 0 | 1 | 0 | 0 |
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| Deferred income tax expense (benefit) | 147 | 159 | 160 | 51 | 44 | -100 | -152 | -330 | -41 | -103 | -125 | -63 | 7 |
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| Stock-based compensation expense | 17 | 21 | 23 | 26 | 27 | 29 | 28 | 44 | 38 | 39 | 27 | 22 | 21 |
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| Net gain on asset disposals | - | 5 | 34 | 3 | 16 | 11 | 15 | 34 | 29 | 14 | 3 | 1 | 12 |
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| Net gain on insurance reimbursement | - | - | - | - | - | - | - | - | - | - | 4 | - | - |
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| Write-down of capacity reservation contract | - | - | - | - | - | - | - | - | - | 13 | 9 | - | - |
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| Credit loss expense | -2 | - | - | - | - | - | - | - | - | 6 | 6 | -1 | - |
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| Non Cash Restructuring Expense | - | - | - | - | - | - | - | - | - | - | 25 | - | - |
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| Gain on early debt extinguishment | - | - | - | - | - | - | - | - | - | -24 | 4 | - | 2 |
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| Amortization of debt discount and issuance costs | - | - | - | - | - | - | 2 | 0 | 1 | 1 | 1 | 1 | 1 |
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| Accounts receivable | 178 | 183 | -53 | -12 | 214 | -441 | -72 | 239 | -24 | -214 | -174 | 147 | 209 |
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| Income taxes receivable/payable | - | - | - | - | - | 50 | 30 | 1 | -2 | -3 | 2 | 5 | 4 |
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| Inventory and other assets | - | - | - | - | 6 | -40 | -6 | 23 | 1 | -29 | -27 | 6 | 14 |
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| Accounts payable | 50 | 42 | -25 | 11 | 87 | -132 | 12 | 104 | -69 | -78 | -49 | 51 | 39 |
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| Accrued liabilities | 18 | 18 | -6 | 2 | 13 | -10 | -25 | -14 | 4 | -18 | -59 | 50 | 65 |
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| Other liabilities | 3 | -8 | -1 | -0 | 5 | -2 | 1 | 1 | -0 | -9 | -11 | -8 | 28 |
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| Net cash used in operating activities of discontinued operations | 10 | -0 | - | - | - | - | - | - | - | - | - | -1 | - |
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| Net cash provided by operating activities | 526 | 869 | 1,005 | 889 | - | - | - | - | 731 | 696 | 279 | 95 | 566 |
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| Acquisitions, net of cash acquired | 238 | - | - | - | 176 | - | -0 | 502 | 14 | 0 | - | 29 | - |
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| Purchases of property and equipment | 738 | 1,012 | 974 | 662 | 1,052 | 744 | 120 | 567 | 641 | 348 | 145 | 166 | 437 |
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| Proceeds from disposal of assets and insurance claims | - | - | - | - | - | - | - | - | - | 46 | 21 | 23 | 26 |
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| Other | - | - | - | - | - | - | - | 3 | - | - | 0 | 1 | 3 |
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| Net cash provided by investing activities of discontinued operations | 43 | 26 | - | - | - | - | - | - | - | - | - | 41 | - |
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| Net cash used in investing activities | -904 | -964 | -908 | -652 | - | - | - | - | -585 | -302 | -125 | -132 | -413 |
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| Purchases of treasury stock | 2 | 4 | 170 | 74 | 14 | 8 | 4 | 7 | 162 | 255 | 21 | 6 | 70 |
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| Dividends paid | 31 | 31 | 30 | 29 | 58 | 59 | 24 | 16 | 31 | 32 | 19 | 16 | 43 |
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| Proceeds from Long-Term Lines of Credit | 200 | - | - | - | 350 | 54 | 201 | 599 | 79 | - | - | - | 150 |
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| Repayment of borrowings under revolving credit facility | 200 | - | - | - | 47 | 357 | 201 | 331 | 347 | - | - | - | 150 |
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| Repayment of senior notes | - | - | - | - | - | - | - | - | - | - | - | - | 20 |
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| Repayment of term loan | - | - | - | - | - | - | - | - | - | 673 | 63 | 50 | - |
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| Debt issuance costs | 11 | - | 8 | - | - | 2 | 3 | - | 4 | 1 | 1 | - | 0 |
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| Net cash used in financing activities | 356 | 92 | -11 | -97 | - | - | - | - | 57 | -465 | -103 | -72 | -133 |
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| Effect of foreign exchange rate changes on cash | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
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| Net increase (decrease) in cash and cash equivalents | - | - | - | - | - | - | - | - | - | -71 | 51 | -107 | 20 |
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| Interest, net of capitalized interest of $260 in 2021, $431 in 2020 and $732 in 2019 | - | -13 | -17 | -26 | 28 | 33 | 37 | 35 | 41 | 77 | 43 | 40 | 40 |
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| Income taxes | 116 | - | -8 | -43 | 126 | -97 | -53 | 4 | 3 | -1 | 4 | 4 | -2 |
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| Net increase (decrease) in payables for purchases of property and equipment | - | - | - | - | - | -167 | 29 | 17 | 36 | -41 | -30 | 31 | 8 |
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| Issuance of common stock for business acquisitions | - | - | - | - | - | - | 7 | 1,227 | 3 | - | - | 248 | - |
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| Net Decrease Increase In Deposits On Equipment Purchases | -50 | -48 | 56 | -9 | -60 | -90 | 6 | -0 | 4 | 4 | 6 | 1 | -12 |
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| Cashless exercise of stock options | - | - | - | - | - | - | - | - | - | 9 | - | - | 10 |
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