Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2018

Revenue Recognition

Schedule of reconciliation of revenue from customers to total net sales

The following table shows a reconciliation of revenue from customers to total net sales (in millions):

For the three months ended March 31,	2018
Revenue from customers	$	3,694
All other revenues (a)		69
Total net sales	$	3,763

(a)     Includes net marketing margin and chemical exchange contracts.

Schedule of revenue from customers by segment, product, and geographical area

Midstream revenues are shown by area based on the location of the sale (in millions):

For the three months ended March 31, 2018
	United				Latin		Other
Revenue by Product	States		Middle East		America		International		Total
Oil and Gas Segment
Oil	$	1,247	$	773	$	170	$	—	$	2,190
NGL		89		51		—		—		140
Gas		52		65		4		—		121
Other		3		—		—		—		3
Segment Total	$	1,391	$	889	$	174	$	—	$	2,454
Chemical Segment	$	1,049	$	—	$	52	$	21	$	1,122
Midstream Segment
Gas Processing	$	137	$	96	$	—	$	—	$	233
Pipelines		94		—		—		—		94
Power and Other		25		—		—		—		25
Segment Total	$	256	$	96	$	—	$	—	$	352
Intersegment Eliminations	$	(234)	$	—	$	—	$	—	$	(234)
Consolidated	$	2,462	$	985	$	226	$	21	$	3,694