XML 431 R200.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed consolidating information on certain US subsidiaries - Disclosure of condensed cash flow statement (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Disclosure Of Condensed Financial Statements [Line Items]      
Profit before taxation $ 8,154 $ 16,723 $ 7,180
Adjustments to reconcile profit before taxation to net cash provided by operating activities      
Exploration expenditure written off 631 1,085 1,603
Depreciation, depletion and amortization 17,780 15,457 15,584
Impairment and (gain) loss on sale of businesses and fixed assets 7,882 404 6
Earnings from joint ventures and associates (3,257) (3,753) (2,507)
Dividends received from joint ventures and associates 1,962 1,535 1,253
Equity accounted income of subsidiaries - after interest and tax 0 0 0
Dividends received from (paid to) subsidiaries 0 0 0
Interest receivable (441) (468) (304)
Interest received 416 348 375
Finance costs 3,489 2,528 2,074
Interest paid (2,870) (1,928) (1,572)
Net finance expense relating to pensions and other post-retirement benefits 63 127 220
Share-based payments 730 690 661
Net operating charge for pensions and other post-retirement benefits, less contributions and benefit payments for unfunded plans (238) (386) (394)
Net charge for provisions, less payments (176) 986 2,106
(Increase) decrease in inventories (3,406) 672 (848)
(Increase) decrease in other current and non-current assets (2,335) (2,858) (4,848)
Increase (decrease) in other current and non-current liabilities 2,823 (2,577) 2,344
Income taxes paid (5,437) (5,712) (4,002)
Net cash provided by (used in) operating activities 25,770 22,873 18,931
Investing activities      
Expenditure on property, plant and equipment, intangible and other assets (15,418) (16,707) (16,562)
Acquisitions, net of cash acquired (3,562) (6,986) (327)
Investment in joint ventures (137) (382) (50)
Investment in associates (304) (1,013) (901)
Total cash capital expenditure 19,421 25,088 17,840
Proceeds from disposals of fixed assets 500 940 2,936
Proceeds from disposals of businesses, net of cash disposed 1,701 1,911 478
Proceeds from loan repayments 246 666 349
Net cash used in investing activities (16,974) (21,571) (14,077)
Financing activitiesa      
Repurchase of shares (1,511) (355) [1] (343) [1]
Payments of lease liabilities, classified as financing activities (2,372) (35) [1] (45) [1]
Proceeds from long-term financing 8,597 9,038 [1] 8,712 [1]
Repayments of long-term financing (7,118) (7,175) [1] (6,231) [1]
Net increase (decrease) in short-term debt 180 1,317 [1] (158) [1]
Net increase (decrease) in non-controlling interests 566 0 [1] 1,063 [1]
BP shareholders (6,946) (6,699) [1] (6,153) [1]
Non-controlling interests (213) (170) [1] (141) [1]
Net cash provided by (used in) financing activities (8,817) (4,079) [1] (3,296) [1]
Currency translation differences relating to cash and cash equivalents 25 (330) 544
Increase (decrease) in cash and cash equivalents 4 (3,107) 2,102
Cash and cash equivalents at beginning of year 22,468 [2] 25,586 23,484
Cash and cash equivalents at end of year 22,472 22,468 [2] 25,586
Reportable Legal Entities | Issuer      
Disclosure Of Condensed Financial Statements [Line Items]      
Profit before taxation 20 1,080 438
Adjustments to reconcile profit before taxation to net cash provided by operating activities      
Exploration expenditure written off 0 0 0
Depreciation, depletion and amortization 169 377 735
Impairment and (gain) loss on sale of businesses and fixed assets 743 66 (71)
Earnings from joint ventures and associates 0 0 0
Dividends received from joint ventures and associates 0 0 0
Equity accounted income of subsidiaries - after interest and tax 0 0 0
Dividends received from (paid to) subsidiaries 0 0 0
Interest receivable (1) (42) (11)
Interest received 1 42 11
Finance costs 17 8 6
Interest paid (6) (8) (6)
Net finance expense relating to pensions and other post-retirement benefits 0 0 0
Share-based payments 0 0 0
Net operating charge for pensions and other post-retirement benefits, less contributions and benefit payments for unfunded plans 0 0 0
Net charge for provisions, less payments 21 33 (128)
(Increase) decrease in inventories (31) (62) (25)
(Increase) decrease in other current and non-current assets (132) (72) 108
Increase (decrease) in other current and non-current liabilities 1,954 (491) (830)
Income taxes paid (444) (133) 0
Net cash provided by (used in) operating activities 2,311 798 227
Investing activities      
Expenditure on property, plant and equipment, intangible and other assets (173) (273) (321)
Acquisitions, net of cash acquired 0 0 0
Investment in joint ventures 0 0 0
Investment in associates 0 0 0
Total cash capital expenditure 173 273 321
Proceeds from disposals of fixed assets 19 0 94
Proceeds from disposals of businesses, net of cash disposed 0 1,475 0
Proceeds from loan repayments 21 0 0
Net cash used in investing activities (133) 1,202 (227)
Financing activitiesa      
Repurchase of shares 0 0 0
Payments of lease liabilities, classified as financing activities (46) 0 0
Proceeds from long-term financing 0 0 0
Repayments of long-term financing 0 0 0
Net increase (decrease) in short-term debt 0 0 0
Net increase (decrease) in non-controlling interests 0   0
BP shareholders (2,132) (2,000) 0
Non-controlling interests 0 0 0
Net cash provided by (used in) financing activities (2,178) (2,000) 0
Currency translation differences relating to cash and cash equivalents 0 0 0
Increase (decrease) in cash and cash equivalents 0 0 0
Cash and cash equivalents at beginning of year 0 0 0
Cash and cash equivalents at end of year 0 0 0
Reportable Legal Entities | Guarantor      
Disclosure Of Condensed Financial Statements [Line Items]      
Profit before taxation 4,082 9,442 3,387
Adjustments to reconcile profit before taxation to net cash provided by operating activities      
Exploration expenditure written off 0 0 0
Depreciation, depletion and amortization 0 0 0
Impairment and (gain) loss on sale of businesses and fixed assets 0 0 (9)
Earnings from joint ventures and associates 0 0 0
Dividends received from joint ventures and associates 0 0 0
Equity accounted income of subsidiaries - after interest and tax (5,916) (10,942) (4,436)
Dividends received from (paid to) subsidiaries 6,360 3,490 3,183
Interest receivable 0 (215) (220)
Interest received 12 215 220
Finance costs 0 1,326 826
Interest paid 0 (1,326) (826)
Net finance expense relating to pensions and other post-retirement benefits (153) (95) (15)
Share-based payments 739 671 595
Net operating charge for pensions and other post-retirement benefits, less contributions and benefit payments for unfunded plans (10) (183) (145)
Net charge for provisions, less payments 0 0 0
(Increase) decrease in inventories 0 0 0
(Increase) decrease in other current and non-current assets (155) 165 522
Increase (decrease) in other current and non-current liabilities 3,469 4,509 3,374
Income taxes paid (1) 0 0
Net cash provided by (used in) operating activities 8,427 7,057 6,456
Investing activities      
Expenditure on property, plant and equipment, intangible and other assets 0 0 0
Acquisitions, net of cash acquired 0 0 0
Investment in joint ventures 0 0 0
Investment in associates 0 0 0
Total cash capital expenditure 0 0 0
Proceeds from disposals of fixed assets 0 0 0
Proceeds from disposals of businesses, net of cash disposed 0 0 0
Proceeds from loan repayments 0 0 0
Net cash used in investing activities 0 0 0
Financing activitiesa      
Repurchase of shares (1,511) (355) (343)
Payments of lease liabilities, classified as financing activities 0 0 0
Proceeds from long-term financing 0 0 0
Repayments of long-term financing 0 0 0
Net increase (decrease) in short-term debt 0 0 0
Net increase (decrease) in non-controlling interests 0   0
BP shareholders (6,929) (6,699) (6,153)
Non-controlling interests 0 0 0
Net cash provided by (used in) financing activities (8,440) (7,054) (6,496)
Currency translation differences relating to cash and cash equivalents 0 0 0
Increase (decrease) in cash and cash equivalents (13) 3 (40)
Cash and cash equivalents at beginning of year 13 10 50
Cash and cash equivalents at end of year 0 13 10
Reportable Legal Entities | Other subsidiaries      
Disclosure Of Condensed Financial Statements [Line Items]      
Profit before taxation 9,968 17,143 7,800
Adjustments to reconcile profit before taxation to net cash provided by operating activities      
Exploration expenditure written off 631 1,085 1,603
Depreciation, depletion and amortization 17,611 15,080 14,849
Impairment and (gain) loss on sale of businesses and fixed assets 7,139 338 77
Earnings from joint ventures and associates (3,257) (3,753) (2,507)
Dividends received from joint ventures and associates 1,962 1,535 1,253
Equity accounted income of subsidiaries - after interest and tax 0 0 0
Dividends received from (paid to) subsidiaries 0 0 0
Interest receivable (2,228) (1,776) (1,117)
Interest received 2,191 1,656 1,188
Finance costs 5,260 2,759 2,286
Interest paid (4,652) (2,159) (1,784)
Net finance expense relating to pensions and other post-retirement benefits 216 222 235
Share-based payments (9) 19 66
Net operating charge for pensions and other post-retirement benefits, less contributions and benefit payments for unfunded plans (228) (203) (249)
Net charge for provisions, less payments (197) 953 2,234
(Increase) decrease in inventories (3,375) 734 (823)
(Increase) decrease in other current and non-current assets (2,048) (951) (5,478)
Increase (decrease) in other current and non-current liabilities (2,600) (6,595) (200)
Income taxes paid (4,992) (5,579) (4,002)
Net cash provided by (used in) operating activities 21,392 20,508 15,431
Investing activities      
Expenditure on property, plant and equipment, intangible and other assets (15,245) (16,434) (16,241)
Acquisitions, net of cash acquired (3,562) (6,986) (327)
Investment in joint ventures (137) (382) (50)
Investment in associates (304) (1,013) (901)
Total cash capital expenditure 19,248 24,815 17,519
Proceeds from disposals of fixed assets 481 940 2,842
Proceeds from disposals of businesses, net of cash disposed 1,701 436 478
Proceeds from loan repayments 225 666 349
Net cash used in investing activities (16,841) (22,773) (13,850)
Financing activitiesa      
Repurchase of shares 0 0 0
Payments of lease liabilities, classified as financing activities (2,326) (35) (45)
Proceeds from long-term financing 8,597 9,038 8,712
Repayments of long-term financing (7,118) (7,175) (6,231)
Net increase (decrease) in short-term debt 180 1,317 (158)
Net increase (decrease) in non-controlling interests 566   1,063
BP shareholders (4,245) (3,490) (3,183)
Non-controlling interests (213) (170) (141)
Net cash provided by (used in) financing activities (4,559) (515) 17
Currency translation differences relating to cash and cash equivalents 25 (330) 544
Increase (decrease) in cash and cash equivalents 17 (3,110) 2,142
Cash and cash equivalents at beginning of year 22,455 25,576 23,434
Cash and cash equivalents at end of year 22,472 22,455 25,576
Eliminations and reclassifications      
Disclosure Of Condensed Financial Statements [Line Items]      
Profit before taxation (5,916) (10,942) (4,445)
Adjustments to reconcile profit before taxation to net cash provided by operating activities      
Exploration expenditure written off 0 0 0
Depreciation, depletion and amortization 0 0 0
Impairment and (gain) loss on sale of businesses and fixed assets 0 0 9
Earnings from joint ventures and associates 0 0 0
Dividends received from joint ventures and associates 0 0 0
Equity accounted income of subsidiaries - after interest and tax 5,916 10,942 4,436
Dividends received from (paid to) subsidiaries (6,360) (3,490) (3,183)
Interest receivable 1,788 1,565 1,044
Interest received (1,788) (1,565) (1,044)
Finance costs (1,788) (1,565) (1,044)
Interest paid 1,788 1,565 1,044
Net finance expense relating to pensions and other post-retirement benefits 0 0 0
Share-based payments 0 0 0
Net operating charge for pensions and other post-retirement benefits, less contributions and benefit payments for unfunded plans 0 0 0
Net charge for provisions, less payments 0 0 0
(Increase) decrease in inventories 0 0 0
(Increase) decrease in other current and non-current assets 0 (2,000) 0
Increase (decrease) in other current and non-current liabilities 0 0 0
Income taxes paid 0 0 0
Net cash provided by (used in) operating activities (6,360) (5,490) (3,183)
Investing activities      
Expenditure on property, plant and equipment, intangible and other assets 0 0 0
Acquisitions, net of cash acquired 0 0 0
Investment in joint ventures 0 0 0
Investment in associates 0 0 0
Total cash capital expenditure 0 0 0
Proceeds from disposals of fixed assets 0 0 0
Proceeds from disposals of businesses, net of cash disposed 0 0 0
Proceeds from loan repayments 0 0 0
Net cash used in investing activities 0 0 0
Financing activitiesa      
Repurchase of shares 0 0 0
Payments of lease liabilities, classified as financing activities 0 0 0
Proceeds from long-term financing 0 0 0
Repayments of long-term financing 0 0 0
Net increase (decrease) in short-term debt 0 0 0
Net increase (decrease) in non-controlling interests 0   0
BP shareholders 6,360 5,490 3,183
Non-controlling interests 0 0 0
Net cash provided by (used in) financing activities 6,360 5,490 3,183
Currency translation differences relating to cash and cash equivalents 0 0 0
Increase (decrease) in cash and cash equivalents 0 0 0
Cash and cash equivalents at beginning of year 0 0 0
Cash and cash equivalents at end of year $ 0 $ 0 $ 0
[1] a The presentation of financing cash flows for the comparative periods have been amended to align with the current period. See Note 1 for further information.
[2] a Finance debt on the comparative balance sheet has been re-presented to align with the current period. See Note 1 for further information.