XML 111 R95.htm IDEA: XBRL DOCUMENT v3.22.0.1
Revenues and Segment Information, Activity (Details)
$ in Millions
12 Months Ended
Dec. 31, 2021
USD ($)
segment
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Segment Information for our Reportable Segments      
Revenues [1] $ 113,977 $ 64,912 $ 108,324
Cost of sales:      
Cost of materials and other [2] 102,714 58,933 96,476
LCM inventory valuation adjustment 0 (19) 0
Operating expenses (excluding depreciation and amortization expense reflected below) 5,776 4,435 4,868
Depreciation and amortization expense 2,358 2,303 2,202
Total cost of sales 110,848 65,652 103,546
Other operating expenses 87 35 21
General and administrative expenses (excluding depreciation and amortization expense reflected below) 865 756 868
Depreciation and amortization expense 47 48 53
Operating income (loss) 2,130 (1,579) 3,836
Total expenditures for long-lived assets [3] $ 2,458 2,436 2,846
Segment Information (Textual)      
Number of reportable segments | segment 3    
Corporate, Reconciling Items, and Eliminations[Member]      
Segment Information for our Reportable Segments      
Revenues $ (915) (446) (494)
Cost of sales:      
Operating income (loss) (914) (806) (921)
Corporate [Member]      
Segment Information for our Reportable Segments      
Revenues 0 0 2
Cost of sales:      
General and administrative expenses (excluding depreciation and amortization expense reflected below) 865 756 868
Depreciation and amortization expense 47 48 53
Total expenditures for long-lived assets [3] 17 27 58
Intersegment Eliminations [Member]      
Segment Information for our Reportable Segments      
Revenues (915) (446) (496)
Cost of sales:      
Cost of materials and other [2] (911) (444) (494)
LCM inventory valuation adjustment   0  
Operating expenses (excluding depreciation and amortization expense reflected below) (2) 0 0
Depreciation and amortization expense 0 0 0
Total cost of sales (913) (444) (494)
Other operating expenses 0 0 0
Refining [Member]      
Segment Information for our Reportable Segments      
Revenues 106,947 60,840 103,746
Refining [Member] | Operating Segments [Member]      
Segment Information for our Reportable Segments      
Revenues 106,961 60,848 103,764
Cost of sales:      
Cost of materials and other [2] 97,759 56,093 93,371
LCM inventory valuation adjustment   (19)  
Operating expenses (excluding depreciation and amortization expense reflected below) 5,088 3,944 4,289
Depreciation and amortization expense 2,169 2,138 2,062
Total cost of sales 105,016 62,156 99,722
Other operating expenses 83 34 20
General and administrative expenses (excluding depreciation and amortization expense reflected below) 0 0 0
Depreciation and amortization expense 0 0 0
Operating income (loss) 1,862 (1,342) 4,022
Total expenditures for long-lived assets [3] 1,374 1,838 2,581
Refining [Member] | Intersegment Eliminations [Member]      
Segment Information for our Reportable Segments      
Revenues 14 8 18
Renewable Diesel [Member]      
Segment Information for our Reportable Segments      
Revenues 1,874 1,055 970
Renewable Diesel [Member] | Operating Segments [Member]      
Segment Information for our Reportable Segments      
Revenues 2,342 1,267 1,217
Cost of sales:      
Cost of materials and other [2] 1,438 500 360
LCM inventory valuation adjustment   0  
Operating expenses (excluding depreciation and amortization expense reflected below) 134 85 75
Depreciation and amortization expense 58 44 50
Total cost of sales 1,630 629 485
Other operating expenses 3 0 0
General and administrative expenses (excluding depreciation and amortization expense reflected below) 0 0 0
Depreciation and amortization expense 0 0 0
Operating income (loss) 709 638 732
Total expenditures for long-lived assets [3] 1,049 548 160
Segment Information (Textual)      
Blender's tax credit 371 288 431
Blender's tax credit, volumes blended in prior year     156
Renewable Diesel [Member] | Intersegment Eliminations [Member]      
Segment Information for our Reportable Segments      
Revenues 468 212 247
Ethanol [Member]      
Segment Information for our Reportable Segments      
Revenues 5,156 3,017 3,606
Ethanol [Member] | Operating Segments [Member]      
Segment Information for our Reportable Segments      
Revenues 5,589 3,243 3,837
Cost of sales:      
Cost of materials and other [2] 4,428 2,784 3,239
LCM inventory valuation adjustment   0  
Operating expenses (excluding depreciation and amortization expense reflected below) 556 406 504
Depreciation and amortization expense 131 121 90
Total cost of sales 5,115 3,311 3,833
Other operating expenses 1 1 1
General and administrative expenses (excluding depreciation and amortization expense reflected below) 0 0 0
Depreciation and amortization expense 0 0 0
Operating income (loss) 473 (69) 3
Total expenditures for long-lived assets [3] 18 23 47
Ethanol [Member] | Intersegment Eliminations [Member]      
Segment Information for our Reportable Segments      
Revenues $ 433 $ 226 $ 231
[1] Includes excise taxes on sales by certain of our foreign operations of $5,645 million, $4,797 million, and $5,595 million for the years ended December 31, 2021, 2020, and 2019.
[2] Cost of materials and other for our Renewable Diesel segment is net of blender’s tax credit on qualified fuel mixtures of $371 million, $288 million, and $431 million for the years ended December 31, 2021, 2020, and 2019, respectively. Of the amount recognized in 2019, $156 million related to volumes blended during 2018, given that the legislation that retroactively reinstated the credit was passed and signed into law in December 2019.
[3] Total expenditures for long-lived assets includes amounts related to capital expenditures; deferred turnaround and catalyst costs; and property, plant, and equipment for acquisitions.