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STATEMENT OF CONSOLIDATED OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Oil and gas production revenues:      
Oil and gas production revenues $ 16,402 $ 16,947 $ 16,810
Derivative instrument gains (losses), net (399) (79)  
Other 51 210 78
Total revenues and other 16,054 17,078 16,888
Oil and gas property and equipment      
Recurring 5,114 4,812 3,814
Additional 1,176 1,926 109
Other assets 410 371 281
Asset retirement obligation accretion 243 232 154
Lease operating expenses 3,056 2,968 2,605
Gathering and transportation 297 303 296
Taxes other than income 832 862 899
General and administrative 503 531 459
Acquisitions, divestitures and transition 33 31 20
Financing costs, net 174 165 158
Total operating expenses 11,838 12,201 8,795
INCOME BEFORE INCOME TAXES 4,216 4,877 8,093
Current income tax provision 1,665 2,199 2,263
Deferred income tax provision 263 677 1,246
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTEREST 2,288 2,001 4,584
Net income attributable to noncontrolling interest 56    
Preferred stock dividends 44 76 76
NET INCOME ATTRIBUTABLE TO COMMON STOCK 2,188 1,925 4,508
NET INCOME PER COMMON SHARE:      
Basic $ 5.53 $ 4.95 $ 11.75
Diluted $ 5.50 $ 4.92 $ 11.47
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:      
Basic 395 389 384
Diluted 406 391 400
DIVIDENDS DECLARED PER COMMON SHARE $ 0.80 $ 0.68 $ 0.60
Oil Reserves [Member]
     
Oil and gas production revenues:      
Revenues 12,903 13,210 12,679
Natural Gas [Member]
     
Oil and gas production revenues:      
Revenues 2,829 3,193 3,609
Natural Gas Liquids Revenues [Member]
     
Oil and gas production revenues:      
Revenues $ 670 $ 544 $ 522