Revenues

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenues [Text Block]

3.    Revenues

Contract Balances—Contract liabilities were $199 million and $124 million at September 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 September 30,				Nine Months Ended September 30,
Millions of dollars	2020		2019		2020		2019
Sales and other operating revenues:
Olefins and co-products	$	568	$	709	$	1,695	$	2,202
Polyethylene	1,423		1,509		4,159		4,713
Polypropylene	1,103		1,251		3,173		3,883
Propylene oxide and derivatives	421		481		1,217		1,498
Oxyfuels and related products	573		837		1,669		2,298
Intermediate chemicals	486		655		1,434		2,000
Compounding and solutions	834		991		2,295		3,193
Advanced polymers	169		194		501		588
Refined products	1,003		1,952		3,193		5,706
Other	196		143		480		467
Total	$	6,776	$	8,722	$	19,816	$	26,548

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

	Three Months Ended September 30,				Nine Months Ended September 30,
Millions of dollars	2020		2019		2020		2019
Sales and other operating revenues:
United States	$	2,983	$	4,190	$	8,587	$	12,333
Germany	494		671		1,533		2,112
China	369		299		914		895
Italy	290		361		884		1,133
Mexico	285		390		868		1,349
France	213		324		644		1,049
Japan	161		282		639		740
Poland	205		238		617		759
The Netherlands	197		226		562		748
Other	1,579		1,741		4,568		5,430
Total	$	6,776	$	8,722	$	19,816	$	26,548