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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues and other income:        
Sales and other operating revenues, including related party $ 3,119 $ 3,405 $ 9,978 $ 9,324
Marketing revenues 668 631 1,597 2,237
Income from equity method investments 114 122 309 260
Net gain (loss) on disposal of assets (6) (12) (4) 126
Other income 19 15 38 38
Total revenues and other income 3,914 4,161 11,918 11,985
Costs and expenses:        
Production 575 601 1,767 1,581
Marketing, including purchases from related parties 664 629 1,588 2,238
Other operating 126 112 323 311
Exploration 153 170 751 477
Depreciation, depletion and amortization 720 625 2,205 1,779
Impairments 11 8 49 271
Taxes other than income 91 55 268 178
General and administrative 152 179 490 499
Total costs and expenses 2,492 2,379 7,441 7,334
Income from operations 1,422 1,782 4,477 4,651
Net interest and other (66) (53) (209) (160)
Income before income taxes 1,356 1,729 4,268 4,491
Provision for income taxes 787 1,279 2,890 3,231
Net income $ 569 $ 450 $ 1,378 $ 1,260
Basic:        
Net income, per basic share $ 0.80 $ 0.64 $ 1.95 $ 1.79
Diluted:        
Net income, per diluted share $ 0.80 $ 0.63 $ 1.94 $ 1.78
Dividends paid, per share $ 0.19 $ 0.17 $ 0.53 $ 0.51
Weighted average common shares outstanding, basic 707 706 708 705
Weighted average common shares outstanding, diluted 711 709 712 709