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Exit and Disposal Costs (Tables)
9 Months Ended
Sep. 30, 2014
Restructuring And Related Activities [Abstract]  
Components of and Changes in Restructuring Accruals

The following table provides the components of and changes in the Corporation’s restructuring accruals:

 

 

  

Exploration

 

 

 

 

 

 

 

 

 

 

 

  

and

 

 

Corporate

 

 

Discontinued

 

 

 

 

 

  

Production

 

 

and Other

 

 

Operations

 

 

Total

 

 

  

(In millions)

 

Employee Severance

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2014

  

$

32

 

 

$

32

 

 

$

107

 

 

$

171

 

Provision

  

 

19

 

 

 

17

 

 

 

41

 

 

 

77

 

Payments

  

 

(32

 

 

(20

 

 

(60

 

 

(112

Balance at September 30, 2014

  

 

19

 

 

 

29

 

 

 

88

 

 

 

136

 

 

Facility and Other Exit Costs

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2014

  

 

53

 

 

 

17

 

 

 

48

 

 

 

118

 

Provision

  

 

(16

)* 

 

 

13

 

 

 

47

 

 

 

44

 

Payments, settlements and other

  

 

(36

 

 

(12

 

 

(86

 

 

(134

Balance at September 30, 2014

  

 

1

 

 

 

18

 

 

 

9

 

 

 

28

 

 

Total accruals at September 30, 2014

  

$

20

 

 

$

47

 

 

$

97

 

 

$

164

 

 

*

Represents the release from certain leased office space obligations.

Components of Costs and Expense Reversals Associated with Corporation's Restructuring Program

The following table provides the classification of costs and expense reversals associated with the Corporation’s restructuring program:

 

 

  

Three Months Ended

 

  

Nine Months Ended

 

 

  

September 30,

 

  

September 30,

 

 

  

2014

 

 

2013

 

  

2014

 

 

2013

 

 

  

(In millions)

 

Employee Severance

  

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

Operating costs and expenses

  

$

1

 

 

$

1

 

  

$

3

 

 

$

45

 

Marketing expenses

  

 

1

 

 

 

  

  

 

2

 

 

 

5

 

Exploration expenses, including dry holes and lease impairment

  

 

1

 

 

 

1

 

  

 

5

 

 

 

16

 

General and administrative expenses

  

 

2

 

 

 

9

 

  

 

26

 

 

 

52

 

Income from discontinued operations

  

 

11

 

 

 

33

 

  

 

41

 

 

 

117

 

Total employee severance

  

$

16

 

 

$

44

 

  

$

77

 

 

$

235

 

 

Facility and Other Exit Costs

  

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

Marketing expenses

 

$

3

 

 

$

 

 

$

3

 

 

$

 

General and administrative expenses

  

 

2

 

 

 

 

  

 

(3

 

 

9

 

Depreciation, depletion and amortization

  

 

 

 

 

  

  

 

(3

 

 

  

Income from discontinued operations

  

 

15

 

 

 

13

 

  

 

47

 

 

 

48

 

Total facility and other exit costs

  

$

20

 

 

$

13

 

  

$

44

 

 

$

57