XML 58 R48.htm IDEA: XBRL DOCUMENT v3.22.2.2
Revenues and Segment Information, Components of Operating Income (Loss) (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
segment
Sep. 30, 2021
USD ($)
Segment Information for our Reportable Segments        
Revenues [1] $ 44,454 $ 29,520 $ 134,637 $ 78,074
Cost of sales:        
Cost of materials and other [2] 38,064 26,624 115,959 70,865
Operating expenses (excluding depreciation and amortization expense reflected below) 1,746 1,348 4,751 4,218
Depreciation and amortization expense 621 630 1,806 1,772
Total cost of sales 40,431 28,602 122,516 76,855
Other operating expenses 6 19 40 69
General and administrative expenses (excluding depreciation and amortization expense reflected below) 214 195 652 579
Depreciation and amortization expense 11 11 34 35
Operating income 3,792 693 $ 11,395 536
Segment Information (Textual)        
Number of reportable segments | segment     3  
Corporate, Reconciling Items And Eliminations [Member]        
Segment Information for our Reportable Segments        
Revenues (696) (178) $ (2,021) (481)
Cost of sales:        
Operating income (231) (206) (694) (614)
Corporate [Member]        
Segment Information for our Reportable Segments        
Revenues 0 0 0 0
Cost of sales:        
General and administrative expenses (excluding depreciation and amortization expense reflected below) 214 195 652 579
Depreciation and amortization expense 11 11 34 35
Intersegment Eliminations [Member]        
Segment Information for our Reportable Segments        
Revenues (696) (178) (2,021) (481)
Cost of sales:        
Cost of materials and other [2] (689) (177) (2,011) (480)
Operating expenses (excluding depreciation and amortization expense reflected below) (1) (1) (2) (1)
Depreciation and amortization expense 0 0 0 0
Total cost of sales (690) (178) (2,013) (481)
Other operating expenses 0 0 0 0
Refining [Member]        
Segment Information for our Reportable Segments        
Revenues 42,280 27,989 128,588 73,426
Refining [Member] | Operating Segments [Member]        
Segment Information for our Reportable Segments        
Revenues 42,289 27,992 128,612 73,433
Cost of sales:        
Cost of materials and other [2] 36,389 25,395 111,308 67,417
Operating expenses (excluding depreciation and amortization expense reflected below) 1,516 1,195 4,111 3,730
Depreciation and amortization expense 568 549 1,682 1,626
Total cost of sales 38,473 27,139 117,101 72,773
Other operating expenses 6 18 38 68
General and administrative expenses (excluding depreciation and amortization expense reflected below) 0 0 0 0
Depreciation and amortization expense 0 0 0 0
Operating income 3,810 835 11,473 592
Refining [Member] | Intersegment Eliminations [Member]        
Segment Information for our Reportable Segments        
Revenues 9 3 24 7
Renewable Diesel [Member]        
Segment Information for our Reportable Segments        
Revenues 967 342 2,417 1,190
Renewable Diesel [Member] | Operating Segments [Member]        
Segment Information for our Reportable Segments        
Revenues 1,475 402 3,907 1,405
Cost of sales:        
Cost of materials and other [2] 1,161 256 3,129 724
Operating expenses (excluding depreciation and amortization expense reflected below) 69 26 178 86
Depreciation and amortization expense 33 11 87 35
Total cost of sales 1,263 293 3,394 845
Other operating expenses 0 1 0 1
General and administrative expenses (excluding depreciation and amortization expense reflected below) 0 0 0 0
Depreciation and amortization expense 0 0 0 0
Operating income 212 108 513 559
Segment Information (Textual)        
Blender's tax credit 191 62 545 225
Renewable Diesel [Member] | Intersegment Eliminations [Member]        
Segment Information for our Reportable Segments        
Revenues 508 60 1,490 215
Ethanol [Member]        
Segment Information for our Reportable Segments        
Revenues 1,207 1,189 3,632 3,458
Ethanol [Member] | Operating Segments [Member]        
Segment Information for our Reportable Segments        
Revenues 1,386 1,304 4,139 3,717
Cost of sales:        
Cost of materials and other [2] 1,203 1,150 3,533 3,204
Operating expenses (excluding depreciation and amortization expense reflected below) 162 128 464 403
Depreciation and amortization expense 20 70 37 111
Total cost of sales 1,385 1,348 4,034 3,718
Other operating expenses 0 0 2 0
General and administrative expenses (excluding depreciation and amortization expense reflected below) 0 0 0 0
Depreciation and amortization expense 0 0 0 0
Operating income 1 (44) 103 (1)
Ethanol [Member] | Intersegment Eliminations [Member]        
Segment Information for our Reportable Segments        
Revenues $ 179 $ 115 $ 507 $ 259
[1] Includes excise taxes on sales by certain of our foreign operations of $1,213 million and $1,610 million for the three months ended September 30, 2022 and 2021, respectively, and $3,890 million and $4,152 million for the nine months ended September 30, 2022 and 2021, respectively.
[2] Cost of materials and other for our Renewable Diesel segment is net of the blender’s tax credit on qualified fuel mixtures of $191 million and $62 million for the three months ended September 30, 2022 and 2021, respectively, and $545 million and $225 million for the nine months ended September 30, 2022 and 2021, respectively.