Noncontrolling Interests

9 Months Ended

Sep. 30, 2013

Note 12—Noncontrolling Interests

Activity attributable to common stockholders’ equity and noncontrolling interests for the first nine months of 2013 and 2012 was as follows:

		Millions of Dollars
		2013				2012
		Common Stockholders’ Equity		Non-Controlling Interest	Total Equity	Common Stockholders’ Equity	Non-Controlling Interest	Total Equity

Balance at January 1		$	47,987	440	48,427	65,239	510	65,749
Net income			6,669	43	6,712	7,002	55	7,057
Dividends			(2,481)	-	(2,481)	(2,469)	-	(2,469)
Repurchase of company
	common stock		-	-	-	(5,098)	-	(5,098)
Distributions to noncontrolling
	interests		-	(59)	(59)	-	(63)	(63)
Separation of Downstream
	business		-	-	-	(18,623)	(31)	(18,654)
Other changes, net*			(1,062)	-	(1,062)	1,355	-	1,355
Balance at September 30		$	51,113	424	51,537	47,406	471	47,877
*Includes components of other comprehensive income, which are disclosed separately in our consolidated statement of comprehensive income.

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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