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Consolidated Income Statement - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues and Other Income        
Sales and other operating revenues $ 6,688 $ 6,415 $ 20,987 $ 16,884
Equity in earnings (losses) of affiliates 196 (60) 574 (129)
Gain on Dispositions 246 51 2,144 202
Other income 65 110 143 149
Total Revenues and Other Income 7,195 6,516 23,848 17,106
Costs and Expenses        
Purchased commodities 2,926 2,819 9,040 7,046
Production and operating expenses 1,224 1,526 3,849 4,325
Selling, general and administrative expenses 132 203 423 556
Exploration expenses 75 457 724 1,572
Depreciation, depletion and amortization 1,608 2,425 5,212 7,001
Impairments 6 123 6,475 321
Taxes other than Income Taxes 175 161 604 538
Accretion on discounted liabilities 89 108 276 329
Interest and debt expense 251 335 872 928
Foreign currency transaction (gains) losses 5 13 28 12
Other Expense 51 0 285 0
Total Costs and Expenses 6,542 8,170 27,788 22,628
Income (Loss) before income taxes 653 (1,654) (3,940) (5,522)
Income tax provision (benefit) 217 (628) (1,549) (1,982)
Net income (loss) 436 (1,026) (2,391) (3,540)
Less: net income attributable to noncontrolling interests (16) (14) (43) (40)
Net Income (Loss) Attributable to ConocoPhillips $ 420 $ (1,040) $ (2,434) $ (3,580)
Earnings Per Share, Basic [Abstract]        
Earnings Per Share, Basic $ 0.35 $ (0.84) $ (1.98) $ (2.88)
Earnings Per Share, Diluted [Abstract]        
Earnings Per Share, Diluted 0.34 (0.84) (1.98) (2.88)
Dividends Paid Per Share of Common Stock (dollars) $ 0.27 $ 0.25 $ 0.8 $ 0.75
Average Common Shares Outstanding (in thousands)        
Basic 1,212,454,000 1,245,961,000 1,230,742 1,245,139
Diluted 1,215,341,000 1,245,961,000 1,230,742 1,245,139