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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 3,698 $ 2,471
Accounts receivable (net of allowance of $5 million and $7 million)    
Customers 1,481 1,473
Others 1,241 1,274
Algeria exceptional profits tax settlement 0 730
Other current assets 688 847
Total 7,108 6,795
Properties and Equipment    
Cost 71,244 63,598
Less accumulated depreciation, depletion, and amortization 30,315 25,200
Net properties and equipment 40,929 38,398
Other Assets 2,082 1,716
Goodwill and Other Intangible Assets 5,662 5,680
Total Assets 55,781 52,589
Current Liabilities    
Accounts payable 3,530 2,989
Current asset retirement obligations 409 298
Accrued expenses 1,264 707
Current portion of long-term debt 500 0
Total 5,703 3,994
Long-term Debt 13,065 13,269
Other Long-term Liabilities    
Deferred income taxes 9,245 8,759
Asset retirement obligations 1,613 1,587
Tronox-related contingent liability 850 0
Other 1,655 3,098
Total 13,363 13,444
Stockholders' equity    
Common stock, par value $0.10 per share (1.0 billion shares authorized, 522.5 million and 518.6 million shares issued) 52 51
Paid-in capital 8,629 8,230
Retained earnings 14,356 13,829
Treasury stock (18.8 million and 18.1 million shares) (895) (841)
Accumulated other comprehensive income (loss) (285) (640)
Total Stockholders’ Equity 21,857 20,629
Noncontrolling interests 1,793 1,253
Total Equity 23,650 21,882
Total Liabilities and Equity $ 55,781 $ 52,589