Segment Information (Tables)

12 Months Ended

Dec. 31, 2016



Year Ended December 31, 2016									Not Allocated
(In millions)	N.A. E&P			Int'l E&P		OSM			to Segments				Total
Sales and other operating revenues	$	2,375		$	665	$	823		$	(110	)	^(c)	$	3,753
Marketing revenues	135			105		38			—				278
Total revenues	2,510			770		861			(110		)		4,031
Income from equity method investments	—			175		—			—				175
Net gain on disposal of assets and other income	28			32		2			382			^(d)	444
Less:
Production expenses	486			226		601			—				1,313
Marketing costs	142			103		37			—				282
Exploration expenses	127			17		7			179			^(e)	330
Depreciation, depletion and amortization	1,835			276		239			45				2,395
Impairments	20			—		—			47			^(f)	67
Other expenses ^(a)	422			78		33			462			^(g)	995
Taxes other than income	149			—		17			2				168
Net interest and other	—			—		—			335				335
Income tax provision (benefit)	(228		)	49		(16		)	1,100			^(h)	905
Segment income (loss) / Net income (loss)	$	(415	)	$	228	$	(55	)	$	(1,898	)		$	(2,140	)
Capital expenditures ^(b)	$	936		$	82	$	33		$	18			$	1,069


^(a)	Includes other operating expenses and general and administrative expenses.


^(b)	Includes accruals.


^(c)	Unrealized loss on commodity derivative instruments.


^(d)	Primarily related to net gain on disposal of assets(see Note 6).

^(e)Primarily related to impairments associated with decision to not drill remaining Gulf of Mexico undeveloped leases (See Note 13).


^(f)	Proved property impairments (see Note 13).


^(g)	Includes termination payment on our Gulf of Mexico deepwater drilling rig contract of $113 million and includes pension settlement loss of $103 million (see Note 20) and severance related expenses associated with workforce reductions of $8 million.


^(h)	Increased valuation allowance on certain of our deferred tax assets $1,346 million (see Note 9).



Year Ended December 31, 2015									Not Allocated
(In millions)	N.A. E&P			Int'l E&P		OSM			to Segments				Total
Sales and other operating revenues	$	3,358		$	728	$	815		$	50		^(c)	$	4,951
Marketing revenues	396			103		72			—				571
Total revenues	3,754			831		887			50				5,522
Income (loss) from equity method investments	—			157		—			(12		)	^(d)	145
Net gain on disposal of assets and other income	24			27		21			122			^(e)	194
Less:
Production expenses	724			255		715			—				1,694
Marketing costs	401			99		69			—				569
Exploration expenses	362			101		—			855			^(f)	1,318
Depreciation, depletion and amortization	2,377			295		236			49				2,957
Impairments	2			—		5			745			^(g)	752
Other expenses ^(a)	462			92		34			440			^(h)	1,028
Taxes other than income	215			—		18			1				234
Net interest and other	—			—		—			267				267
Income tax provision (benefit)	(279		)	61		(56		)	(480		)	⁽ⁱ⁾	(754		)
Segment income (loss) / Net Income (loss)	$	(486	)	$	112	$	(113	)	$	(1,717	)		$	(2,204	)
Capital expenditures ^(b)	$	2,553		$	368	$	(10	)	$	25			$	2,936


^(a)	Includes other operating expenses and general and administrative expenses.


^(b)	Includes accruals.


^(c)	Unrealized gain on commodity derivative instruments.


^(d)	Partial impairment of investment in equity method investee (See Note 15).


^(e)	Primarily related to gain on sale of our properties and interests in the Gulf of Mexico, partially offset by the loss on sale of East Africa exploration acreage(see Note 6).

^(f)Unproved property impairments associated with lower forecasted commodity prices and change in conventional exploration strategy (See Note 13).


^(g)	Goodwill impairment (see Note 14) and proved property impairments (see Note 15).


^(h)	Includes pension settlement loss of $119 million (see Note 20) and severance related expenses associated with workforce reductions of $55 million.

⁽ⁱ⁾Includes $135 million of deferred tax expense related to Alberta provincial corporate tax rate increase (see Note 9).



Year Ended December 31, 2014							Not Allocated
(In millions)	N.A. E&P		Int'l E&P		OSM		to Segments				Total
Sales and other operating revenues	$	5,770	$	1,410	$	1,556	$	—			$	8,736
Marketing revenues	1,839		219		52		—				2,110
Total revenues	7,609		1,629		1,608		—				10,846
Income from equity method investments	—		424		—		—				424
Net gain (loss) on disposal of assets and other income	23		57		4		(96		)	^(c)	(12		)
Less:
Production expenses	891		386		969		—				2,246
Marketing costs	1,836		217		52		—				2,105
Exploration expenses	608		185		—		—				793
Depreciation, depletion and amortization	2,342		269		206		44				2,861
Impairments	23		—		—		109			^(d)	132
Other expenses ^(a)	473		197		54		392			^(e)	1,116
Taxes other than income	385		—		20		1				406
Net interest and other	—		—		—		238				238
Income tax provision (benefit)	381		288		76		(353		)		392
Segment income (loss) / Income from continuing operations	$	693	$	568	$	235	$	(527	)		$	969
Capital expenditures ^(b)	$	4,698	$	534	$	212	$	51			$	5,495

^(a) Includes other operating expenses and general and administrative expenses.

^(b) Includes accruals.

^(c) Primarily related to the sale of non-core acreage in our North America E&P segment (See Note 6).

^(d) Proved property impairments (See Note 15).

^(e) Includes pension settlement loss of $99 million (See Note 20).

The following summarizes revenues from external customers by geographic area.


^(a)	See Note 12 for discussion of Libya operations.

The following summarizes revenues by product line were.

The following summarizes property, plant and equipment and equity method investments.