Schedule ll

12 Months Ended

Dec. 31, 2012

Valuation and Qualifying Accounts [Abstract]

VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS (Consolidated)
ConocoPhillips
		Millions of Dollars
			Balance at	Charged to					Balance at
Description			January 1	Expense	Other	(a)	Deductions		December 31
2012
Deducted from asset accounts:
	Allowance for doubtful accounts and notes receivable	$	30	(4)	(13)		(3)	(b)	10
	Deferred tax asset valuation allowance		1,487	369	(447)		(64)		1,345
Included in other liabilities:
	Restructuring accruals		48	9	(5)		(35)		17
2011
Deducted from asset accounts:
	Allowance for doubtful accounts and notes receivable	$	32	2	-		(4)	(b)	30
	Deferred tax asset valuation allowance		1,400	174	(31)		(56)		1,487
Included in other liabilities:
	Restructuring accruals		105	25	(1)		(81)	(c)	48
2010
Deducted from asset accounts:
	Allowance for doubtful accounts and notes receivable	$	76	(31)	(1)		(12)	(b)	32
	Deferred tax asset valuation allowance		1,540	414	(12)		(542)		1,400
Included in other liabilities:
	Restructuring accruals		73	78	1		(47)	(c)	105
(a)Represents acquisitions/dispositions/revisions and the effect of translating foreign financial statements.
(b)Amounts charged off less recoveries of amounts previously charged off.
(c)Benefit payments.