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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues and other income:        
Sales and other operating revenues, including related party $ 1,114 $ 781 $ 3,026 $ 2,032
Marketing revenues 48 80 117 202
Income from equity method investments 63 59 183 110
Net gain on disposal of assets 19 47 26 281
Other income 8 23 31 38
Total revenues and other income 1,252 990 3,383 2,663
Costs and expenses:        
Production 194 160 521 532
Marketing, including purchases from related parties 49 80 121 201
Other operating 109 183 309 373
Exploration Expense 294 83 352 289
Depreciation, depletion and amortization 641 522 1,789 1,583
Impairments 201 47 205 48
Taxes other than income 44 35 128 113
General and administrative 97 104 299 386
Total costs and expenses 1,629 1,214 3,724 3,525
Income (loss) from operations (377) (224) (341) (862)
Net interest and other (35) (89) (199) (256)
Gain (Loss) on Extinguishment of Debt (46) 0 (46) 0
Income from operations before income taxes (458) (313) (586) (1,118)
Provision (benefit) for income taxes 141 (107) 216 (414)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (599) (206) (802) (704)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 14 (4,893) (65)
Net income (loss) $ (599) $ (192) $ (5,695) $ (769)
Earnings Per Share, Basic [Abstract]        
Income (loss) from continuing operations, per basic share $ (0.70) $ (0.24) $ (0.94) $ (0.87)
Income (loss) from discontinued operations, per basic share 0.00 0.01 (5.76) (0.08)
Net income (loss), per basic share (0.70) (0.23) (6.70) (0.95)
Earnings Per Share, Diluted [Abstract]        
Income (loss) from continuing operations, per diluted share (0.70) (0.24) (0.94) (0.87)
Income (loss) from discontinued operations, per diluted share 0.00 0.01 (5.76) (0.08)
Net income (loss), per diluted share (0.70) (0.23) (6.70) (0.95)
Dividends paid, per share $ 0.05 $ 0.05 $ 0.15 $ 0.15
Weighted average common shares outstanding:        
Weighted average common shares outstanding, basic 850 847 850 809
Weighted average common shares outstanding, diluted 850 847 850 809