Segment and Related Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment [Table Text Block]

Summarized financial information concerning reportable segments is shown in the following tables for the periods presented: 

	Three Months Ended June 30, 2020
Millions of dollars	O&P– Americas		O&P– EAI		I&D		APS		Refining		Technology		Other		Total
Sales and other operating revenues:
Customers	$	1,073	$	1,642	$	1,140	$	700	$	854	$	137	$	—	$	5,546
Intersegment	360		60		17		5		65		40		(547)		—
	1,433		1,702		1,157		705		919		177		(547)		5,546
Income from equity investments	7		51		3		—		—		—		—		61
EBITDA	248		185		101		(44)		165		112		(7)		760

	Three Months Ended June 30, 2019
Millions of dollars	O&P– Americas		O&P– EAI		I&D		APS		Refining		Technology		Other		Total
Sales and other operating revenues:
Customers	$	1,325	$	2,283	$	2,020	$	1,257	$	2,011	$	152	$	—	$	9,048
Intersegment	789		222		42		1		169		21		(1,244)		—
	2,114		2,505		2,062		1,258		2,180		173		(1,244)		9,048
Income (loss) from equity investments	12		52		2		(2)		—		—		—		64
EBITDA	635		331		448		120		(66)		107		4		1,579

	Six Months Ended June 30, 2020
Millions of dollars	O&P– Americas		O&P– EAI		I&D		APS		Refining		Technology		Other		Total
Sales and other operating revenues:
Customers	$	2,246	$	3,706	$	2,872	$	1,793	$	2,190	$	233	$	—	$	13,040
Intersegment	979		220		55		8		177		66		(1,505)		—
	3,225		3,926		2,927		1,801		2,367		299		(1,505)		13,040
Income (loss) from equity investments	9		48		5		(1)		—		—		—		61
EBITDA	614		374		304		69		(107)		168		(16)		1,406

	Six Months Ended June 30, 2019
Millions of dollars	O&P– Americas		O&P– EAI		I&D		APS		Refining		Technology		Other		Total
Sales and other operating revenues:
Customers	$	2,718	$	4,626	$	3,872	$	2,595	$	3,754	$	261	$	—	$	17,826
Intersegment	1,507		414		84		2		308		53		(2,368)		—
	4,225		5,040		3,956		2,597		4,062		314		(2,368)		17,826
Income (loss) from equity investments	23		103		4		(2)		—		—		—		128
EBITDA	1,151		627		838		268		(81)		190		14		3,007

Reconciliation of EBITDA to income (loss) from continuing operations before income taxes [Table Text Block]

A reconciliation of EBITDA to Income from continuing operations before income taxes is shown in the following table for each of the periods presented:

	Three Months Ended June 30,				Six Months Ended June 30,
Millions of dollars	2020		2019		2020		2019
EBITDA:
Total segment EBITDA	$	767	$	1,575	$	1,422	$	2,993
Other EBITDA	(7)		4		(16)		14
Less:
Depreciation and amortization expense	(356)		(328)		(698)		(650)
Interest expense	(125)		(81)		(214)		(173)
Add:
Interest income	4		5		7		11
Income from continuing operations before income taxes	$	283	$	1,175	$	501	$	2,195