Dispositions (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The following table contains select amounts reported in our consolidated statements of income as discontinued operations:

	Year Ended December 31,
(In millions)	2017			2016			2015
Total sales and other revenues and other income	$	431		$	863		$	908
Net gain (loss) on disposal of assets	(43		)	—			—
Total revenues and other income	388			863			908
Costs and expenses:
Production expenses	254			601			715
Exploration expenses	—			7			347
Depreciation, depletion and amortization	40			239			236
Impairments	6,636			—			31
Other	25			87			98
Total costs and expenses	6,955			934			1,427
Pretax income (loss) from discontinued operations	(6,567		)	(71		)	(519		)
Provision (benefit) for income taxes	(1,674		)	(18		)	(16		)
Income (loss) from discontinued operations	$	(4,893	)	$	(53	)	$	(503	)

The following table presents the carrying value of the major categories of assets and liabilities of our Canadian business reported as discontinued operations and other non-core international assets and liabilities from continuing operations, that are reflected as held for sale on our consolidated balance sheets at December 31, 2017 and December 31, 2016:

	December 31,		December 31,
(In millions)	2017		2016
Assets held for sale
Current assets:
Cash and cash equivalents	$	—	$	2
Accounts receivables	—		129
Inventories	—		91
Other	—		4
Total current assets held for sale—discontinued operations	—		226
Total current assets held for sale—continuing operations	11		1
Total current assets held for sale	$	11	$	227
Noncurrent assets:
Property, plant and equipment, net	$	—	$	8,991
Other	—		106
Total noncurrent assets held for sale—discontinued operations	—		9,097
Total noncurrent assets held for sale—continuing operations	55		1
Total noncurrent assets held for sale	$	55	$	9,098
Liabilities associated with assets held for sale
Current liabilities:
Accounts payable	$	—	$	111
Other	—		10
Total current liabilities held for sale—discontinued operations	—		121
Total current liabilities held for sale—continuing operations	—		—
Total current liabilities held for sale	$	—	$	121
Noncurrent liabilities:
Asset retirement obligations	$	—	$	95
Deferred tax liabilities	—		1,669
Other	—		20
Total noncurrent liabilities held for sale—discontinued operations	—		1,784
Total noncurrent liabilities held for sale—continuing operations	2		7
Total noncurrent liabilities held for sale	$	2	$	1,791