XML 93 R50.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Business Segments (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Information
 
Exploration and Production
 
 
 
 
 
 
(Millions of dollars)
United
States 1
 
Canada
 
Other
 
Total
E&P
 
Corporate
and
Other
 
Discontinued
Operations
 
Consolidated
Total
Year ended December 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment income (loss) - including NCI 1
$
518.4

 
(4.3
)
 
(53.5
)
 
460.6

 
$
(271.8
)
 
1,064.5

 
1,253.3

Revenues from external customers
2,367.0

 
447.0

 
11.6

 
2,825.6

 
3.5

 
—

 
2,829.1

Interest and other income (loss)
(13.4
)
 
(1.5
)
 
(0.9
)
 
(15.8
)
 
(6.7
)
 
—

 
(22.5
)
Interest expense, net of capitalization
—

 
(0.1
)
 
(0.4
)
 
(0.5
)
 
(218.8
)
 
—

 
(219.3
)
Income tax expense (benefit)
115.6

 
(2.9
)
 
(12.4
)
 
100.3

 
(85.6
)
 
—

 
14.7

Significant noncash charges (credits)
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation, depletion and amortization
878.7

 
243.0

 
3.5

 
1,125.2

 
22.6

 
—

 
1,147.8

Accretion of asset retirement obligations
34.4

 
6.1

 
—

 
40.5

 
—

 
—

 
40.5

Amortization of undeveloped leases
23.1

 
1.3

 
3.6

 
28.0

 
—

 
—

 
28.0

Deferred and noncurrent income taxes
111.8

 
14.0

 
(13.4
)
 
112.4

 
(83.9
)
 
—

 
28.5

Additions to property, plant, equipment
2,193.3

 
284.1

 
69.8

 
2,547.2

 
13.6

 
—

 
2,560.8

Total assets at year-end
8,043.3

 
2,303.7

 
308.6

 
10,655.6

 
1,046.2

 
16.7

 
11,718.5

Year ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment income (loss) - including NCI 1
$
242.9

 
51.1

 
(16.6
)
 
277.4

 
$
(108.2
)
 
250.3

 
419.5

Revenues from external customers
1,332.7

 
470.5

 
22.2

 
1,825.4

 
(34.0
)
 
—

 
1,791.4

Interest and other income (loss)
—

 
—

 
—

 
—

 
7.8

 
—

 
7.8

Interest expense, net of capitalization
—

 
—

 
0.2

 
0.2

 
(180.6
)
 
—

 
(180.4
)
Income tax expense (benefit)
68.1

 
14.5

 
(25.3
)
 
57.3

 
(183.4
)
 
—

 
(126.1
)
Significant noncash charges (credits)
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation, depletion and amortization
519.5

 
232.4

 
3.5

 
755.4

 
20.2

 
—

 
775.6

Accretion of asset retirement obligations
19.5

 
7.6

 
—

 
27.1

 
—

 
—

 
27.1

Amortization of undeveloped leases
36.8

 
0.8

 
2.5

 
40.1

 
—

 
—

 
40.1

Deferred and noncurrent income taxes
68.1

 
16.5

 
(25.7
)
 
58.9

 
(242.1
)
 
—

 
(183.2
)
Additions to property, plant, equipment
1,343.5

 
373.8

 
15.9

 
1,733.2

 
22.7

 
138.6

 
1,894.5

Total assets at year-end
6,342.9

 
1,711.9

 
188.1

 
8,242.9

 
1,118.5

 
1,691.2

 
11,052.6

Year ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment income (loss)
$
(8.9
)
 
112.5

 
(37.5
)
 
66.1

 
$
(619.1
)
 
241.2

 
(311.8
)
Revenues from external customers
944.3

 
485.5

 
—

 
1,429.8

 
14.2

 
—

 
1,444.0

Interest and other income (loss)
—

 
—

 
—

 
—

 
(78.3
)
 
—

 
(78.3
)
Interest expense, net of capitalization
—

 
—

 
—

 
—

 
(178.3
)
 
—

 
(178.3
)
Income tax expense (benefit)
(0.8
)
 
44.4

 
(36.2
)
 
7.4

 
262.7

 
—

 
270.1

Significant noncash charges (credits)
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation, depletion and amortization
546.1

 
185.4

 
3.8

 
735.3

 
16.6

 
—

 
751.9

Accretion of asset retirement obligations
17.4

 
7.9

 
—

 
25.3

 
—

 
—

 
25.3

Amortization of undeveloped leases
60.2

 
1.6

 
—

 
61.8

 
—

 
—

 
61.8

Deferred and noncurrent income taxes
2.5

 
55.3

 
(36.2
)
 
21.6

 
242.5

 
—

 
264.1

Additions to property, plant, equipment
534.8

 
267.6

 
37.6

 
840.0

 
14.8

 
16.0

 
870.8

Total assets at year-end
5,186.2

 
1,725.8

 
154.2

 
7,066.2

 
1,101.7

 
1,693.0

 
9,860.9

1 2019 and 2018 include results attributable to a noncontrolling interest in MP GOM.
Geographic Information
Certain Long-Lived Assets at December 31
(Millions of dollars)
United
States
 
Canada
 
Other
 
Total
2019
$
8,003.9

 
1,761.2

 
204.6

 
9,969.7

2018
6,634.3

 
1,644.6

 
153.2

 
8,432.1

2017
5,050.5

 
1,635.9

 
141.3

 
6,827.7


Geographic Information
Revenues from External Customers for the Year
(Millions of dollars)
United
States
 
Canada
 
Other
 
Total
2019
$
2,370.4

 
447.1

 
11.6

 
2,829.1

2018
1,300.3

 
468.9

 
22.2

 
1,791.4

2017
958.3

 
485.7

 
—

 
1,444.0