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Business Segments (Tables)
3 Months Ended
Mar. 31, 2018
Business Segments [Abstract]  
Segment Information





 

 

 

 

 

 

 

 

 

 



 

 

 

Three Months Ended

 

Three Months Ended



Total Assets

 

March 31, 2018

 

March 31, 2017



at March 31,

 

External

 

Income

 

External

 

Income

(Millions of dollars)

2018

 

Revenues

 

(Loss)

 

Revenues

 

(Loss)

Exploration and production 1

 

 

 

 

 

 

 

 

 

 

United States

$

4,750.0 

 

278.1 

 

36.2 

 

224.2 

 

(1.1)

Canada 2

 

1,751.5 

 

118.3 

 

24.4 

 

218.0 

 

100.6 

Malaysia

 

1,624.8 

 

210.8 

 

70.4 

 

197.3 

 

58.6 

Other

 

163.5 

 

– 

 

(15.4)

 

– 

 

(7.1)

Total exploration and production

 

8,289.8 

 

607.2 

 

115.6 

 

639.5 

 

151.0 

Corporate 3

 

1,625.7 

 

(21.6)

 

53.1 

 

37.1 

 

(93.5)

Assets/revenue/income from continuing operations

 

9,915.5 

 

585.6 

 

168.7 

 

676.6 

 

57.5 

Discontinued operations, net of tax

 

22.7 

 

– 

 

(0.4)

 

– 

 

1.0 

Total

$

9,938.2 

 

585.6 

 

168.3 

 

676.6 

 

58.5 

1 Additional details about results of oil and gas operations are presented in the tables on page 28.

2 2017 revenue includes a pretax gain of $132.4 million related to the sale of Seal heavy oil assets in Canada.

3 In 2018, the Company reported realized and unrealized gains and losses on crude oil contracts in the Corporate segment (previously reported in the Exploration and production business) to reflect how segments are currently evaluated, how resources are allocated and how risk is managed by the Company.  The 2017 amounts have been reclassified to reflect comparable disclosure.