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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues and other income:        
Sales and other operating revenues, including related party $ 1,307 $ 2,270 $ 2,587 $ 4,419
Marketing revenues 183 618 387 1,159
Income from equity method investments 26 120 62 257
Gain Loss On Disposal Of Assets 0 (87)    
Net gain (loss) on disposal of assets     1 (85)
Other income 15 20 26 40
Total revenues and other income 1,531 2,941 3,063 5,790
Costs and expenses:        
Production 450 562 894 1,104
Marketing, including purchases from related parties 182 614 387 1,156
Other operating 81 101 188 204
Exploration 111 145 201 218
Depreciation, depletion and amortization 751 680 1,572 1,323
Impairments 44 4 44 21
Taxes other than income 78 109 145 204
General and administrative 168 139 339 326
Total costs and expenses 1,865 2,354 3,770 4,556
Income (loss) from operations (334) 587 (707) 1,234
Net interest and other (58) (76) (105) (125)
Income (loss) from continuing operations before income taxes (392) 511 (812) 1,109
Provision (benefit) for income taxes (6) 151 (150) 351
Income (loss) from continuing operations (386) 360 (662) 758
Discontinued operations 0 180 0 931
Net income (loss) $ (386) $ 540 $ (662) $ 1,689
Basic:        
Income (loss) from continuing operations per basic share $ (0.57) $ 0.53 $ (0.98) $ 1.11
Discontinued operations per basic share 0.00 0.27 0.00 1.36
Net income (loss), per basic share (0.57) 0.80 (0.98) 2.47
Diluted:        
Income (loss) from continuing operations per diluted share (0.57) 0.53 (0.98) 1.10
Discontinued operations per diluted share 0.00 0.27 0.00 1.36
Net income (loss), per diluted share (0.57) 0.80 (0.98) 2.46
Dividends paid, per share $ 0.21 $ 0.19 $ 0.42 $ 0.38
Weighted average common shares outstanding, basic 677 676 676 684
Weighted average common shares outstanding, diluted 677 679 676 688