Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2018

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



	Three Months Ended September 30, 2018		Nine months Ended September 30, 2018

Revenue from customers	$	4,257	$	11,813
All other revenues ^(a)	959		1,249
Total net sales	$	5,216	$	13,062

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

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



For the three months ended September 30, 2018
Revenue by Product	United States			Middle East		Latin America			Other International		Total

Oil and Gas Segment
Oil	$	1,326		$	1,016	$	197		$	—	$	2,539
NGL	139			77		—			—		216
Gas	47			80		5			—		132
Other	3			—		(1		)	—		2
Segment Total	$	1,515		$	1,173	$	201		$	—	$	2,889

Chemical Segment	$	1,112		$	—	$	51		$	21	$	1,184

Midstream Segment
Marketing and Trading	$	3		$	—	$	—		$	—	$	3
Gas Processing	148			108		—			—		256
Pipelines	115			—		—			—		115
Power and Other	35			—		—			—		35
Segment Total	$	301		$	108	$	—		$	—	$	409

Intersegment Eliminations	$	(225	)	$	—	$	—		$	—	$	(225	)

Consolidated	$	2,703		$	1,281	$	252		$	21	$	4,257



For the nine months ended September 30, 2018
Revenue by Product	United States			Middle East		Latin America		Other International		Total

Oil and Gas Segment
Oil	$	3,907		$	2,507	$	547	$	—	$	6,961
NGL	339			192		—		—		531
Gas	141			218		12		—		371
Other	10			1		—		—		11
Segment Total	$	4,397		$	2,918	$	559	$	—	$	7,874

Chemical Segment	$	3,294		$	—	$	154	$	59	$	3,507

Midstream Segment
Marketing and Trading	$	11		$	—	$	—	$	—	$	11
Gas Processing	416			308		—		—		724
Pipelines	310			—		—		—		310
Power and Other	73			—		—		—		73
Segment Total	$	810		$	308	$	—	$	—	$	1,118

Intersegment Eliminations	$	(686	)	$	—	$	—	$	—	$	(686	)

Consolidated	$	7,815		$	3,226	$	713	$	59	$	11,813