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Other Financial Information
12 Months Ended
Dec. 31, 2020
Other Financial Information [Abstract]  
Other Financial Information
Note 21—Other Financial Information
 
Millions of Dollars
2020
2019
2018
Interest and Debt Expense
Incurred
Debt
$
788
799
838
Other
73
36
67
861
835
905
Capitalized
(55)
(57)
(170)
Expensed
$
806
778
735
Other Income (Loss)
Interest income
$
100
166
97
Unrealized gains (losses) on Cenovus Energy common shares*
(855)
649
(437)
Other, net
246
543
513
$
(509)
1,358
173
*See Note 6—Investment in Cenovus Energy, for additional information.
Research and Development Expenditures
—expensed
$
75
82
78
Shipping and Handling Costs
$
857
1,008
1,075
Foreign Currency Transaction (Gains) Losses
—after-tax
Alaska
$
-
-
-
Lower 48
-
-
-
Canada
(7)
5
(11)
Europe, Middle East and North Africa
(15)
-
(26)
Asia Pacific
(11)
31
3
Other International
2
1
-
Corporate and Other
(31)
21
21
$
(62)
58
(13)
Millions of Dollars
2020
2019
Properties, Plants and Equipment
Proved properties
$
94,312
88,284
*
Unproved properties
4,141
3,980
*
Other
3,653
5,482
Gross properties, plants and equipment
102,106
97,746
Less: Accumulated depreciation, depletion and amortization
(62,213)
(55,477)
*
Net properties, plants and equipment
$
39,893
42,269
*Excludes assets classified as held for sale at December 31,
 
2019.
 
See Note 4
Asset Acquisitions and Dispositions, for additional information.