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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues and other income:        
Sales and other operating revenues, including related party $ 3,419 $ 2,975 $ 6,859 $ 5,919
Marketing revenues 499 757 929 1,606
Income from equity method investments 77 60 195 138
Net gain (loss) on disposal of assets (107) (28) 2 138
Other income 10 20 19 23
Total revenues and other income 3,898 3,784 8,004 7,824
Costs and expenses:        
Production 614 485 1,192 987
Marketing, including purchases from related parties 495 755 924 1,609
Other operating 86 107 197 199
Exploration 133 172 598 307
Depreciation, depletion and amortization 738 580 1,485 1,154
Impairments 0 1 38 263
Taxes other than income 93 55 177 123
General and administrative 164 154 338 313
Total costs and expenses 2,323 2,309 4,949 4,955
Income from operations 1,575 1,475 3,055 2,869
Net interest and other (71) (57) (143) (107)
Income before income taxes 1,504 1,418 2,912 2,762
Provision for income taxes 1,078 1,025 2,103 1,952
Net income $ 426 $ 393 $ 809 $ 810
Basic:        
Net income, per basic share $ 0.60 $ 0.56 $ 1.14 $ 1.15
Diluted:        
Net income, per diluted share $ 0.60 $ 0.56 $ 1.14 $ 1.14
Dividends paid, per share $ 0.17 $ 0.17 $ 0.34 $ 0.34
Weighted average common shares outstanding, basic 710 706 709 705
Weighted average common shares outstanding, diluted 714 709 713 709