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Industry Segments (Tables)
3 Months Ended
Mar. 31, 2015
Industry Segments  
Industry segment and corporate disclosures (in millions)

 

 

 

Oil

 

 

 

Midstream

 

Corporate

 

 

 

 

 

and

 

 

 

and

 

and

 

 

 

 

 

Gas

 

Chemical

 

Marketing

 

Eliminations

 

Total

 

Three months ended March 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

2,009

 

$

1,000

 

$

197

 

$

(117

)

$

3,089

 

Pre-tax operating profit (loss)

 

$

(266

)(a)

$

139

 

$

(15

)

$

(92

)(a),(b)

$

(234

)

Income taxes

 

 

 

 

19

(c)

19

 

Discontinued operations, net

 

 

 

 

(3

)

(3

)

Net income (loss) attributable to common stock

 

$

(266

)

$

139

 

$

(15

)

$

(76

)

$

(218

)

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2014

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

3,602

 

$

1,220

 

$

340

 

$

(194

)

$

4,968

 

Pre-tax operating profit (loss)

 

$

1,719

 

$

136

 

$

164

 

$

(88

)(b)

$

1,931

 

Income taxes

 

 

 

 

(794

)(c)

(794

)

Discontinued operations, net

 

 

 

 

255

 

255

 

Net income attributable to noncontrolling interest

 

 

 

(2

)

 

(2

)

Net income (loss) attributable to common stock

 

$

1,719

 

$

136

 

$

162

 

$

(627

)

$

1,390

 

 

(a)  Includes pre-tax charges of $310 million for the impairment of certain domestic and international oil and gas assets and other items and $14 million of corporate other items.

(b)  Includes unallocated net interest expense, administration expense, environmental remediation and other pre-tax items.

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