XML 70 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Tables)
9 Months Ended
Sep. 30, 2013
Segment Information Disclosure [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
Three Months Ended September 30, 2013
(In millions)
N.A. E&P
 
Int'l E&P
 
OSM
 
Total
Revenues:
 
 
 
 
 
 
 
Sales and other operating revenues
$
1,321

 
$
1,396

 
$
463

 
$
3,180

Marketing revenues
607

 
58

 
3

 
668

Segment revenues
$
1,928

 
$
1,454

 
$
466

 
3,848

Unrealized loss on crude oil derivative instruments
 
 
 
 
 
 
(61
)
Total revenues
 
 
 
 
 
 
$
3,787

Segment income
$
242

 
$
321

 
$
106

 
$
669

Income from equity method investments

 
114

 

 
114

Depreciation, depletion and amortization
490

 
179

 
54

 
723

Income tax provision
143

 
714

 
35

 
892

Capital expenditures
831

 
254

 
65

 
1,150

 
Three Months Ended September 30, 2012
(In millions)
N.A. E&P
 
Int'l E&P
 
OSM
 
Total
Revenues:
 
 
 
 
 
 
 
Sales and other operating revenues
$
993

 
$
1,907

 
$
460

 
$
3,360

Marketing revenues
548

 
73

 
10

 
631

Segment revenues
$
1,541

 
$
1,980

 
$
470

 
3,991

Unrealized gain on crude oil derivative instruments
 
 
 
 
 
 
45

Total revenues
 
 
 
 
 
 
$
4,036

Segment income
$
107

 
$
405

 
$
66

 
$
578

Income from equity method investments
1

 
121

 

 
122

Depreciation, depletion and amortization
360

 
194

 
60

 
614

Income tax provision
66

 
1,219

 
20

 
1,305

Capital expenditures
1,045

 
229

 
41

 
1,315

 
Nine Months Ended September 30, 2013
(In millions)
N.A. E&P
 
Int'l E&P
 
OSM
 
Total
Revenues:
 
 
 
 
 
 
 
Sales and other operating revenues
$
3,820

 
$
5,015

 
$
1,204

 
$
10,039

Marketing revenues
1,391

 
194

 
12

 
1,597

Segment revenues
$
5,211

 
$
5,209

 
$
1,216

 
11,636

Unrealized loss on crude oil derivative instruments
 
 
 
 
 
 
(61
)
Total revenues
 
 
 
 
 
 
$
11,575

Segment income
$
404

 
$
1,156

 
$
164

 
$
1,724

Income from equity method investments

 
309

 

 
309

Depreciation, depletion and amortization
1,458

 
575

 
154

 
2,187

Income tax provision
242

 
2,860

 
55

 
3,157

Capital expenditures
2,705

 
720

 
207

 
3,632

 
Nine Months Ended September 30, 2012
(In millions)
N.A. E&P
 
Int'l E&P
 
OSM
 
Total
Revenues:
 
 
 
 
 
 
 
Sales and other operating revenues
$
2,738

 
$
5,383

 
$
1,158

 
$
9,279

Marketing revenues
2,019

 
193

 
25

 
2,237

Segment revenues
$
4,757

 
$
5,576

 
$
1,183

 
11,516

Unrealized gain on crude oil derivative instruments
 
 
 
 
 
 
45

Total revenues
 
 
 
 
 
 
$
11,561

Segment income
$
281

 
$
1,185

 
$
154

 
$
1,620

Income from equity method investments
2

 
258

 

 
260

Depreciation, depletion and amortization
964

 
622

 
159

 
1,745

Income tax provision
166

 
3,260

 
50

 
3,476

Capital expenditures
2,887

 
569

 
136

 
3,592

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
The following reconciles total revenues to sales and other operating revenues as reported in the consolidated statements of income:
 
Three Months Ended September 30,
Nine Months Ended September 30,
(In millions)
2013
2012
2013
2012
Total revenues
$
3,787

$
4,036

$
11,575

$
11,561

Less:  Marketing revenues
668

631

1,597

2,237

Sales and other operating revenues, including related party
$
3,119

$
3,405

$
9,978

$
9,324

Reconciliation of Segment Income to Net Income [Table Text Block]
The following reconciles segment income to net income as reported in the consolidated statements of income:
 
Three Months Ended September 30,
Nine Months Ended September 30,
(In millions)
2013
2012
2013
2012
Segment income
$
669

$
578

$
1,724

$
1,620

Items not allocated to segments, net of income taxes:
 

 

 

 

Corporate and other unallocated items
(61
)
(146
)
(288
)
(294
)
Unrealized gain (loss) on crude oil derivative instruments
(39
)
29

(39
)
29

     Net gain (loss) on dispositions

(11
)
(9
)
72

     Impairments


(10
)
(167
)
Net income
$
569

$
450

$
1,378

$
1,260