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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues and Other      
Natural-gas sales $ 2,444 $ 3,300 $ 3,420
Oil and condensate sales 8,728 8,072 5,592
Natural-gas liquids sales 1,224 1,462 997
Gathering, processing, and marketing sales 911 1,048 833
Gains (losses) on divestitures and other, net 104 85 142
Total 13,411 13,967 10,984
Costs and Expenses      
Oil and gas operating 976 993 830
Oil and gas transportation and other 955 891 816
Exploration 1,946 1,076 974
Gathering, processing, and marketing 763 791 615
General and administrative 1,246 1,060 967
Depreciation, depletion, and amortization 3,964 3,830 3,714
Other taxes 1,224 1,492 1,068
Impairments 389 1,774 216
Algeria exceptional profits tax settlement (1,797) [1]    
Deepwater Horizon settlement and related costs 18 3,930 15
Total 9,684 15,837 9,215
Operating Income (Loss) 3,727 (1,870) 1,769
Other (Income) Expense      
Interest expense 742 839 855
(Gains) losses on derivatives, net (326) 461 (608)
Other (income) expense, net (254) 254 (119)
Total 162 1,554 128
Income (Loss) Before Income Taxes 3,565 (3,424) 1,641
Income Tax Expense (Benefit) 1,120 (856) 820
Net Income (Loss) 2,445 (2,568) 821
Net Income Attributable to Noncontrolling Interests 54 81 60
Net Income (Loss) Attributable to Common Stockholders $ 2,391 $ (2,649) $ 761
Per Common Share      
Net income (loss) attributable to common stockholders - basic $ 4.76 $ (5.32) $ 1.53
Net income (loss) attributable to common stockholders - diluted $ 4.74 $ (5.32) $ 1.52
Average Number of Common Shares Outstanding - Basic 500 498 495
Average Number of Common Shares Outstanding - Diluted 502 498 497
Dividends (per Common Share) $ 0.36 $ 0.36 $ 0.36
[1] In the first quarter of 2012, the Company revised the definition of Adjusted EBITDAX to exclude Algeria exceptional profits tax settlement, Tronox-related contingent loss, and realized (gains) losses on other derivatives, net. Prior periods have been adjusted to reflect this change.