XML 20 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues and Other    
Sales revenues $ 3,338 $ 3,236
Gains (losses) on divestitures and other, net 92 19
Total 3,218 3,045
Costs and Expenses    
Oil and gas operating 289 276
Oil and gas transportation 222 196
Exploration 49 168
General and administrative 267 278
Depreciation, depletion, and amortization 1,081 990
Production, property, and other taxes 199 190
Impairments 0 19
Other operating expense 21 140
Total 2,384 2,494
Operating Income (Loss) 834 551
Other (Income) Expense    
Interest expense 253 228
(Gains) losses on derivatives, net 315 36
Other (income) expense, net 6 (12)
Total 572 251
Income (Loss) Before Income Taxes 262 300
Income tax expense (benefit) 166 126
Net Income (Loss) 96 174
Net income (loss) attributable to noncontrolling interests 111 53
Net Income (Loss) Attributable to Common Stockholders $ (15) $ 121
Per Common Share    
Net income (loss) attributable to common stockholders—basic (in usd per share) $ (0.03) $ 0.23
Net income (loss) attributable to common stockholders—diluted (in usd per share) $ (0.03) $ 0.22
Average Number of Common Shares Outstanding—Basic (in shares) 490 518
Average Number of Common Shares Outstanding—Diluted (in shares) 490 519
Commodity Contract and Interest Rate Swap [Member]    
Other (Income) Expense    
(Gains) losses on derivatives, net $ 313 $ 35
Oil sales [Member]    
Revenues and Other    
Sales revenues 2,096 2,127
Natural gas sales [Member]    
Revenues and Other    
Sales revenues 320 247
Natural-gas liquids sales [Member]    
Revenues and Other    
Sales revenues 240 292
Gathering, processing, and marketing sales [Member]    
Revenues and Other    
Sales revenues 470 360
Costs and Expenses    
Gathering, processing, and marketing $ 256 $ 237