XML 121 R75.htm IDEA: XBRL DOCUMENT v3.10.0.1
Acquisitions (Pro Forma Financial Information - Andeavor) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Business Acquisition [Line Items]                      
Sales and other operating revenues, excluding consumer excise taxes [1],[2]                 $ 95,750    
Sales and other operating revenue, including excise taxes [2]                   $ 74,104 $ 63,277
Net income attributable to MPC $ 951 $ 737 $ 1,055 $ 37 $ 2,016 [3] $ 903 $ 483 $ 30 $ 2,780 $ 3,432 $ 1,174
Net income attributable to MPC per share – basic $ 1.38 [4] $ 1.63 [4] $ 2.30 [4] $ 0.08 [4] $ 4.13 [4] $ 1.79 [4] $ 0.94 [4] $ 0.06 [4] $ 5.36 $ 6.76 $ 2.22
Net income attributable to MPC per share – diluted $ 1.35 [4] $ 1.62 [4] $ 2.27 [4] $ 0.08 [4] $ 4.09 [4] $ 1.77 [4] $ 0.93 [4] $ 0.06 [4] $ 5.28 $ 6.70 $ 2.21
Andeavor                      
Business Acquisition [Line Items]                      
Sales and other operating revenues, excluding consumer excise taxes [5]                 $ 131,695    
Sales and other operating revenue, including excise taxes                   $ 117,549  
Net income attributable to MPC                 $ 4,371 $ 4,832  
Net income attributable to MPC per share – basic                 $ 8.44 $ 6.47  
Net income attributable to MPC per share – diluted                 $ 8.31 $ 6.41  
[1] The 2018 period reflects an election to present certain taxes on a net basis concurrent with our adoption of ASC 606.
[2] The 2018 period reflects an election to present certain taxes on a net basis concurrent with our adoption of ASU 2014-09, Revenue - Revenue from Contracts with Customers (“ASC 606”). See Notes 2 and 3 for further information.
[3] During the fourth quarter of 2017, we recorded a tax benefit of approximately $1.5 billion as a result of remeasuring certain deferred tax liabilities using the lower corporate tax rate enacted under the TCJA.
[4] The sum of the per-share amounts for the four quarters may not always equal the annual per-share amounts due to differences in the average number of shares outstanding during the respective periods.
[5] The 2018 period reflects an election to present certain taxes on a net basis concurrent with our adoption of ASC 606.