Revenues

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenues [Text Block]

3. Revenues

Contract Balances—Contract liabilities were $147 million and $124 million at June 30, 2020 and December 31, 2019, respectively. Revenue recognized in each reporting period, included in the contract liability balance at the beginning of the period, was immaterial.

Disaggregation of Revenues—The following table presents our revenues disaggregated by key products:

	Three Months Ended June 30,				Six Months Ended June 30,
Millions of dollars	2020		2019		2020		2019
Sales and other operating revenues:
Olefins and co-products	$	460	$	745	$	1,127	$	1,493
Polyethylene	1,277		1,538		2,736		3,204
Polypropylene	969		1,317		2,070		2,632
Propylene oxide and derivatives	332		489		796		1,017
Oxyfuels and related products	389		797		1,096		1,461
Intermediate chemicals	404		705		948		1,345
Compounding and solutions	549		1,062		1,461		2,202
Advanced polymers	151		196		332		394
Refined products	855		2,011		2,191		3,754
Other	160		188		283		324
Total	$	5,546	$	9,048	$	13,040	$	17,826

The following table presents our revenues disaggregated by geography, based upon the location of the customer:

	Three Months Ended June 30,				Six Months Ended June 30,
Millions of dollars	2020		2019		2020		2019
Sales and other operating revenues:
United States	$	2,417	$	4,250	$	5,604	$	8,143
Germany	398		710		1,039		1,441
Italy	259		385		594		772
Mexico	203		431		583		959
China	302		298		545		596
Japan	143		255		478		458
France	161		363		431		725
Poland	188		252		412		521
The Netherlands	153		270		365		522
Other	1,322		1,834		2,989		3,689
Total	$	5,546	$	9,048	$	13,040	$	17,826