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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 2,292 $ 4,860
Receivables, less allowance for doubtful accounts of $9 and $10 5,559 4,610
Inventories 4,689 3,449
Other current assets 197 110
Total current assets 12,737 13,029
Equity method investments 463 321
Property, plant and equipment, net 13,921 12,643
Goodwill 938 930
Other noncurrent assets 326 300
Total assets 28,385 27,223
Current liabilities:    
Accounts payable 8,234 6,785
Payroll and benefits payable 406 364
Consumer excise taxes payable 373 325
Accrued taxes 513 598
Long-term debt due within one year 23 19
Other current liabilities 275 112
Total current liabilities 9,824 8,203
Long-term debt 3,373 3,342
Deferred income taxes 2,304 2,050
Defined benefit postretirement plan obligations 771 1,266
Deferred credits and other liabilities 781 257
Total liabilities 17,053 15,118
Commitments and contingencies (see Note 25)      
MPC stockholders’ equity:    
Preferred stock, no shares issued and outstanding (par value $0.01 per share, 30 million shares authorized) 0 0
Common stock:    
Issued - 362 million and 361 million shares (par value $0.01 per share, 1 billion shares authorized) 4 4
Held in treasury, at cost - 65 million and 28 million shares (4,155) (1,253)
Additional paid-in capital 9,768 9,527
Retained earnings 5,507 3,880
Accumulated other comprehensive loss (204) (464)
Total MPC stockholders’ equity 10,920 11,694
Noncontrolling interests 412 411
Total equity 11,332 12,105
Total liabilities and equity $ 28,385 $ 27,223