Industry Segments (Tables)

9 Months Ended

Sep. 30, 2011

Industry Segments

Industry segment and corporate disclosures

						Midstream,		Corporate
						Marketing		and
	Oil and Gas			Chemical		and Other		Eliminations			Total
Nine months ended September 30, 2011
Net sales	$	13,635		$	3,721	$	1,109	$	(560	)(a)	$	17,905
Pretax operating profit (loss)	$	7,704		$	717	$	378	$	(548	)(b)	$	8,251
Income taxes	—			—		—		(3,252		)(c)	(3,252		)
Discontinued operations, net	—			—		—		138		(d)	138
Net income (loss) attributable to common stock	$	7,704		$	717	$	378	$	(3,662	)	$	5,137
Nine months ended September 30, 2010
Net sales	$	10,517		$	3,020	$	993	$	(548	)(a)	$	13,982
Pretax operating profit (loss)	$	5,543		$	327	$	270	$	(328	)(b)	$	5,812
Income taxes	—			—		—		(2,377		)(c)	(2,377		)
Discontinued operations, net	—			—		—		(59		)	(59		)
Net income attributable to noncontrolling interest	(58		)	—		—		—			(58		)
Net income (loss) attributable to common stock	$	5,485		$	327	$	270	$	(2,764	)	$	3,318

(a)Intersegment sales eliminate upon consolidation and are generally made at prices approximating those that the selling entity is able to obtain in third-party transactions.

(b)Includes net interest expense (including the early debt extinguishment costs of $163 million for the nine months ended September 30, 2011), administration expense, environmental remediation and other pre-tax items.

(c)Includes all foreign and domestic income taxes from continuing operations.

(d)Reflects the after-tax gain from the sale of Argentine operations.