Acquisitions and Investments (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The estimated fair values of assets acquired and liabilities assumed at the acquisition date, pending the completion of an independent appraisal and other evaluations, are as follows:



(In millions)
Cash and cash equivalents	$	39
Receivables	132
Inventories	178
Other current assets	5
Property, plant and equipment, net	2,062
Other noncurrent assets	103
Total assets acquired	2,519
Accounts payable	77
Payroll and benefits payable	4
Consumer excise taxes payable	80
Other current liabilities	10
Defined benefit postretirement plan obligations	2
Deferred credits and other liabilities	122
Total liabilities assumed	295
Net assets acquired excluding goodwill	2,224
Goodwill	600
Net assets acquired	$	2,824

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma financial information presents consolidated results assuming the Galveston Bay Refinery and Related Assets acquisition occurred on January 1, 2012 and Hess' Retail Operations and Related Assets acquisition occurred on January 1, 2013. The pro forma financial information does not give effect to potential synergies that could result from the acquisitions and is not necessarily indicative of the results of future operations.



	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions, except per share data)	2014		2013		2014		2013
Sales and other operating revenues (including consumer excise taxes)	$	28,284	$	29,317	$	84,232	$	86,386
Net income attributable to MPC	698		170		1,748		1,516
Net income attributable to MPC per share - basic	$	2.48	$	0.55	$	6.07	$	4.72
Net income attributable to MPC per share - diluted	2.46		0.55		6.03		4.69