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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues and other income:        
Sales and other operating revenues, including related party $ 958 $ 685 $ 1,912 $ 1,251
Marketing revenues 35 76 69 122
Income from equity method investments 51 37 120 51
Net gain (loss) on disposal of assets 6 294 7 234
Other income 9 11 23 15
Total revenues and other income 1,059 1,103 2,131 1,673
Costs and expenses:        
Production 176 185 327 372
Marketing, including purchases from related parties 38 75 72 121
Other operating 111 87 200 190
Exploration Expense 30 182 58 206
Depreciation, depletion and amortization 592 512 1,148 1,061
Impairments 0 0 4 1
Taxes other than income 45 35 84 78
General and administrative 93 131 202 282
Total costs and expenses 1,085 1,207 2,095 2,311
Income (loss) from operations (26) (104) 36 (638)
Net interest and other (86) (88) (164) (167)
Income from operations before income taxes (112) (192) (128) (805)
Provision (benefit) for income taxes 41 (54) 75 (307)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (153) (138) (203) (498)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 14 (32) (4,893) (79)
Net income (loss) $ (139) $ (170) $ (5,096) $ (577)
Earnings Per Share, Basic [Abstract]        
Income (loss) from continuing operations, per basic share $ (0.18) $ (0.16) $ (0.24) $ (0.63)
Income (loss) from discontinued operations, per basic share 0.02 (0.04) (5.76) (0.10)
Net income (loss), per basic share (0.16) (0.20) (6.00) (0.73)
Earnings Per Share, Diluted [Abstract]        
Income (loss) from continuing operations, per diluted share (0.18) (0.16) (0.24) (0.63)
Income (loss) from discontinued operations, per diluted share 0.02 (0.04) (5.76) (0.10)
Net income (loss), per diluted share (0.16) (0.20) (6.00) (0.73)
Dividends paid, per share $ 0.05 $ 0.05 $ 0.10 $ 0.10
Weighted average common shares outstanding:        
Weighted average common shares outstanding, basic 850 848 850 790
Weighted average common shares outstanding, diluted 850 848 850 790