Industry Segments (Tables)

9 Months Ended

Sep. 30, 2012

Industry Segments

Industry segment and corporate disclosures (in millions)

	Oil and Gas		Chemical		Midstream, Marketing and Other		Corporate and Eliminations			Total
Three months ended
September 30, 2012
Net sales	$	4,635	$	1,119	$	389	$	(178	) (a)	$	5,965
Pretax operating profit (loss)	$	2,026	$	162	$	156	$	(110	) (b)	$	2,234
Income taxes	—		—		—		(855		) (c)	(855		)
Discontinued operations, net	—		—		—		(4		)	(4		)
Net income (loss)	$	2,026	$	162	$	156	$	(969	)	$	1,375
Three months ended
September 30, 2011
Net sales	$	4,677	$	1,231	$	256	$	(158	) (a)	$	6,006
Pretax operating profit (loss)	$	2,612	$	245	$	77	$	(72	) (b)	$	2,862
Income taxes	—		—		—		(1,087		) (c)	(1,087		)
Discontinued operations, net	—		—		—		(4		)	(4		)
Net income (loss)	$	2,612	$	245	$	77	$	(1,163	)	$	1,771

	Oil and Gas		Chemical		Midstream, Marketing and Other		Corporate and Eliminations			Total
Nine months ended
September 30, 2012
Net sales	$	14,032	$	3,439	$	1,044	$	(514	) (a)	$	18,001
Pretax operating profit (loss)	$	6,573	$	540	$	364	$	(337	) (b)	$	7,140
Income taxes	—		—		—		(2,869		) (c)	(2,869		)
Discontinued operations, net	—		—		—		(9		)	(9		)
Net income (loss)	$	6,573	$	540	$	364	$	(3,215	)	$	4,262
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)	$	7,704	$	717	$	378	$	(3,662	)	$	5,137

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

(b)Includes unallocated 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 an after-tax gain from the sale of the Argentine operations.