XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues and other income:    
Sales and other operating revenues, including related party $ 3,440 $ 2,954
Marketing revenues 430 839
Income from equity method investments 118 78
Net gain on disposal of assets 109 166
Other income 9 3
Total revenues and other income 4,106 4,040
Costs and expenses:    
Production 578 514
Marketing, including purchases from related parties 429 842
Other operating 111 92
Exploration 465 135
Depreciation, depletion and amortization 747 574
Impairments 38 262
Taxes other than income 84 68
General and administrative 174 159
Total costs and expenses 2,626 2,646
Income from operations 1,480 1,394
Net interest and other (72) (50)
Income before income taxes 1,408 1,344
Provision for income taxes 1,025 927
Net income $ 383 $ 417
Basic:    
Net income, per basic share $ 0.54 $ 0.59
Diluted:    
Net income, per diluted share $ 0.54 $ 0.59
Dividends paid, per share $ 0.17 $ 0.17
Weighted average common shares outstanding, basic 708 706
Weighted average common shares outstanding, diluted 712 710