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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES AND OTHER INCOME        
Net sales $ 5,996 $ 6,449 $ 18,359 $ 18,283
Interest, dividends and other income 31 26 107 89
(Loss) Gain on sale of assets and equity investments, net (5)   520 131
TOTAL REVENUES AND OTHER INCOME 6,022 6,475 18,986 18,503
COSTS AND OTHER DEDUCTIONS        
Cost of sales 3,385 3,214 9,880 9,531
Selling, general and administrative and other operating expenses 441 459 1,327 1,347
Asset impairments     471  
Taxes other than on income 191 186 593 568
Exploration expense 53 68 162 196
Interest and debt expense, net 14 29 52 93
TOTAL COSTS AND OTHER DEDUCTIONS 4,084 3,956 12,485 11,735
Income before income taxes and other items 1,938 2,519 6,501 6,768
Provision for domestic and foreign income taxes (817) (1,037) (2,706) (2,782)
Income from equity investments 93 106 243 288
Income from continuing operations 1,214 1,588 4,038 4,274
Discontinued operations, net (3) (5) (1) (14)
Net income 1,211 1,583 4,037 4,260
Less: Net income attributable to noncontrolling interest (3)   (8)  
NET INCOME ATTRIBUTABLE TO COMMON STOCK $ 1,208 $ 1,583 $ 4,029 $ 4,260
BASIC EARNINGS PER COMMON SHARE (attributable to common stock)        
Income from continuing operations (in dollars per share) $ 1.55 $ 1.97 $ 5.13 $ 5.30
Discontinued operations, net (in dollars per share)   $ (0.01)   $ (0.02)
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 1.55 $ 1.96 $ 5.13 $ 5.28
DILUTED EARNINGS PER COMMON SHARE (attributable to common stock)        
Income from continuing operations (in dollars per share) $ 1.55 $ 1.97 $ 5.13 $ 5.30
Discontinued operations, net (in dollars per share)   $ (0.01)   $ (0.02)
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) $ 1.55 $ 1.96 $ 5.13 $ 5.28
DIVIDENDS PER COMMON SHARE (in dollars per share) $ 0.72 $ 0.64 $ 2.16 $ 1.92