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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues and other income:        
Sales and other operating revenues $ 33,547 $ 22,317 $ 61,814 $ 41,183
Income from equity method investments 107 80 206 166
Net gain on disposal of assets 4 3 218 5
Other income 30 45 65 75
Total revenues and other income 33,688 22,445 62,303 41,429
Costs and expenses:        
Cost of revenues (excludes items below) 29,682 19,655 55,642 37,166
Depreciation and amortization 886 533 1,805 1,061
Selling, general and administrative expenses 904 424 1,785 826
Other taxes 174 122 360 225
Total costs and expenses 31,646 20,734 59,592 39,278
Income from operations 2,042 1,711 2,711 2,151
Net interest and other financial costs 322 195 628 378
Income before income taxes 1,720 1,516 2,083 1,773
Provision for income taxes 353 281 457 303
Net income 1,367 1,235 1,626 1,470
Less net income attributable to:        
Redeemable noncontrolling interest 21 20 41 36
Noncontrolling interests 240 160 486 342
Net income attributable to MPC $ 1,106 $ 1,055 $ 1,099 $ 1,092
Basic:        
Net income attributable to MPC per share $ 1.67 $ 2.30 $ 1.65 $ 2.34
Weighted average shares outstanding (in shares) 662 459 667 467
Diluted:        
Net income attributable to MPC per share $ 1.66 $ 2.27 $ 1.63 $ 2.31
Weighted average shares outstanding (in shares) 666 464 672 472