Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and equivalents	$ 3,108	$ 10,077
Receivables less allowance for bad debts	4,725	5,317
Inventories	2,650	2,993
Prepaid income taxes	1,099	527
Other current assets	998	1,156
Total current assets	12,580	20,070
Property, plant, and equipment, net of accumulated depreciation	8,961	12,117
Goodwill	2,383	2,385
Deferred income taxes	1,856	552
Other assets	1,957	1,818
Total assets	27,737	36,942
Current liabilities:
Accounts payable	1,490	2,019
Current maturities of long-term debt	763	659
Accrued employee compensation and benefits	549	862
Liabilities for Macondo well incident	367	400
Other current liabilities	1,309	1,397
Total current liabilities	4,478	5,337
Long-term debt	12,158	14,687
Employee compensation and benefits	449	479
Other liabilities	875	944
Total liabilities	17,960	21,447
Shareholders' equity:
Common shares, par value $2.50 per share	2,675	2,677
Paid-in capital in excess of par value	253	274
Accumulated other comprehensive loss	(361)	(363)
Retained earnings	14,595	20,524
Treasury stock, at cost	(7,428)	(7,650)
Company shareholders' equity	9,734	15,462
Noncontrolling interest in consolidated subsidiaries	43	33
Total shareholders' equity	9,777	15,495
Total liabilities and shareholders' equity	$ 27,737	$ 36,942