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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues and other income:      
Sales and other operating revenues (including consumer excise taxes) $ 63,339 $ 72,051 $ 97,817
Income (loss) from equity method investments (185) 88 153
Net gain on disposal of assets 32 7 21
Other income 178 112 111
Total revenues and other income 63,364 72,258 98,102
Costs and expenses:      
Cost of revenues (excludes items below) 49,170 55,583 83,770
Purchases from related parties 509 308 505
Inventory market valuation adjustment (370) 370 0
Consumer excise taxes 7,506 7,692 6,685
Impairment expense 130 144 0
Depreciation and amortization 2,001 1,502 1,326
Selling, general and administrative expenses 1,605 1,576 1,375
Other taxes 435 391 390
Total costs and expenses 60,986 67,566 94,051
Income from operations 2,378 4,692 4,051
Net interest and other financial income (costs) (556) (318) (216)
Income before income taxes 1,822 4,374 3,835
Provision for income taxes 609 1,506 1,280
Net income 1,213 2,868 2,555
Less net income (loss) attributable to:      
Redeemable noncontrolling interest 41 0 0
Noncontrolling interests (2) 16 31
Net income attributable to MPC $ 1,174 $ 2,852 $ 2,524
Basic:      
Net income attributable to MPC per share $ 2.22 $ 5.29 $ 4.42
Weighted average shares outstanding (in shares) 528 538 570
Diluted:      
Net income attributable to MPC per share $ 2.21 $ 5.26 $ 4.39
Weighted average shares outstanding (in shares) 530 542 574
Dividends paid (in USD per share) $ 1.36 $ 1.14 $ 0.92