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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues and other income:    
Revenues from contracts with customers $ 1,537 $ 873
Net gain (loss) on commodity derivatives (102) 81
Marketing revenues 0 34
Income from equity method investments 37 69
Net gain (loss) on disposal of assets 257 1
Other income 4 14
Total revenues and other income 1,733 1,072
Costs and expenses:    
Production 217 153
Marketing, including purchases from related parties 0 34
Other operating 130 89
Exploration Expense 52 28
Depreciation, depletion and amortization 590 556
Impairments 8 4
Taxes other than income 64 39
General and administrative 100 97
Total costs and expenses 1,161 1,000
Income (loss) from operations 572 72
Net interest and other (45) (78)
Other net periodic benefit costs (3) (10)
Income (loss) from continuing operations before income taxes 524 (16)
Provision (benefit) for income taxes 168 34
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 356 (50)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 (4,907)
Net income (loss) $ 356 $ (4,957)
Earnings Per Share, Basic [Abstract]    
Income (loss) from continuing operations, per basic share $ 0.42 $ (0.06)
Income (loss) from discontinued operations, per basic share 0.00 (5.78)
Net income (loss), per basic share 0.42 (5.84)
Earnings Per Share, Diluted [Abstract]    
Income (loss) from continuing operations, per diluted share 0.42 (0.06)
Income (loss) from discontinued operations, per diluted share 0.00 (5.78)
Net income (loss), per diluted share 0.42 (5.84)
Dividends paid, per share $ 0.05 $ 0.05
Weighted average common shares outstanding:    
Weighted average common shares outstanding, basic 851 849
Weighted average common shares outstanding, diluted 852 849