XML 26 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 3,201 $ 3,789
Restricted cash 1,193 4,019
Trade receivables, net of reserves of $17 in 2015 and 2014 2,970 4,206
Inventories 986 1,052
Assets held for sale 141  
Other current assets 911 807
Total current assets 9,402 13,873
Investments    
Investments in unconsolidated entities 1,267 1,171
Available for sale investment - current 167 394
Total investments 1,434 1,565
PROPERTY, PLANT AND EQUIPMENT    
Oil and gas segment 55,025 59,061
Chemical segment 6,717 6,574
Midstream and marketing 8,899 8,304
Corporate 417 576
GROSS PROPERTY, PLANT AND EQUIPMENT 71,058 74,515
Accumulated depreciation, depletion and amortization (39,419) (34,785)
Property, plant and equipment, net 31,639 39,730
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET 962 1,091
TOTAL ASSETS 43,437 56,259
CURRENT LIABILITIES    
Current maturities of long-term debt 1,450  
Accounts payable 3,069 5,229
Accrued liabilities 2,213 2,601
Domestic and foreign income taxes   414
Liabilities of assets held for sale 110  
Total current liabilities 6,842 8,244
LONG-TERM DEBT, NET 6,883 6,838
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred domestic and foreign income taxes 1,323 3,015
Other 4,039 3,203
Total deferred credits and other liabilities 5,362 6,218
STOCKHOLDERS' EQUITY    
Common stock, $0.20 per share par value, authorized shares: 1.1 billion, issued shares: 2015 - 891,360,091 and 2014 - 860,557,537 178 178
Treasury stock: 2015 - 127,681,335 shares and 2014 - 119,951,199 shares (9,121) (8,528)
Additional paid-in capital 7,640 7,599
Retained earnings 25,960 36,067
Accumulated other comprehensive loss (307) (357)
Total stockholders' equity 24,350 34,959
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 43,437 $ 56,259