XML 41 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues and Other        
Natural-gas sales $ 484 $ 830 $ 1,612 $ 3,038
Oil and condensate sales 1,229 2,637 4,264 7,766
Natural-gas liquids sales 183 424 644 1,221
Gathering, processing, and marketing sales 334 339 932 928
Gains (losses) on divestitures and other, net (542) 780 (807) 2,340
Total 1,688 5,010 6,645 15,293
Costs and Expenses        
Oil and gas operating 262 275 784 861
Oil and gas transportation and other 271 322 921 869
Exploration 1,074 199 2,260 1,000
Gathering, processing, and marketing 289 269 798 771
General and administrative 345 381 933 984
Depreciation, depletion, and amortization 1,111 1,163 3,581 3,335
Other taxes 127 306 460 981
Impairments 758 394 3,571 514
Total 4,237 3,312 13,312 9,411
Operating Income (Loss) (2,549) 1,698 (6,667) 5,882
Other (Income) Expense        
Interest expense 199 204 616 573
(Gains) losses on derivatives, net 281 (324) 123 462
Other (income) expense, net 47 24 109 12
Total 528 (76) 853 5,376
Income (Loss) Before Income Taxes (3,077) 1,774 (7,520) 506
Income tax expense (benefit) (917) 627 (2,232) 1,719
Net Income (Loss) (2,160) 1,147 (5,288) (1,213)
Net income attributable to noncontrolling interests 75 60 154 142
Net Income (Loss) Attributable to Common Stockholders $ (2,235) $ 1,087 $ (5,442) $ (1,355)
Per Common Share        
Net income (loss) attributable to common stockholders—basic $ (4.41) $ 2.13 $ (10.73) $ (2.69)
Net income (loss) attributable to common stockholders—diluted $ (4.41) $ 2.12 $ (10.73) $ (2.69)
Average Number of Common Shares Outstanding—Basic 508 506 508 505
Average Number of Common Shares Outstanding—Diluted 508 508 508 505
Dividends (per common share) $ 0.27 $ 0.27 $ 0.81 $ 0.72
Commodity Contract and Interest Rate Swap [Member]        
Other (Income) Expense        
(Gains) losses on derivatives, net $ 282 $ (323) $ 123 $ 453
Deepwater Horizon [Member] | Pending Litigation [Member]        
Costs and Expenses        
Litigation-related contingent loss 0 3 4 96
Tronox Litigation [Member] | Judicial Ruling [Member]        
Costs and Expenses        
Litigation-related contingent loss $ 0 $ 19 $ 5 $ 4,338