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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues and other income:      
Sales and other operating revenues, including related party $ 4,951 $ 8,736 $ 9,246
Marketing revenues 571 2,110 2,079
Income from equity method investments 145 424 423
Net gain (loss) on disposal of assets 120 (90) (29)
Other income 74 78 64
Total revenues and other income 5,861 11,258 11,783
Costs and expenses:      
Production 1,694 2,246 2,156
Marketing, including purchases from related parties 569 2,105 2,076
Other operating 438 462 389
Exploration 1,318 793 891
Depreciation, depletion and amortization 2,957 2,861 2,500
Asset Impairment Charges 752 132 96
Taxes other than income 234 406 345
General and administrative 590 654 659
Total costs and expenses 8,552 9,659 9,112
Income from operations (2,691) 1,599 2,671
Net interest and other (267) (238) (278)
Income from continuing operations before income taxes (2,958) 1,361 2,393
Provision for income taxes (754) 392 1,462
Income from continuing operations (2,204) 969 931
Discontinued operations 0 2,077 822
Net income $ (2,204) $ 3,046 $ 1,753
Basic:      
Income from continuing operations (in dollars per basic share) $ (3.26) $ 1.42 $ 1.32
Discontinued operations (in dollars per basic share) 0.00 3.06 1.17
Net income (in dollars per basic share) (3.26) 4.48 2.49
Diluted:      
Income from continuing operations (in dollars per diluted share) (3.26) 1.42 1.31
Discontinued operations (in dollars per diluted share) 0.00 3.04 1.16
Net income (in dollars per diluted share) (3.26) 4.46 2.47
Dividends (in dollars per share) $ 0.68 $ 0.80 $ 0.72
Weighted average shares:      
Basic 677 680 705
Diluted 677 683 709