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Revenue
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
REVENUE
The following table presents our revenues disaggregated by product line.
 
Three Months Ended 
March 31,
(In millions)
2019
 
2018
Refined products
$
24,653

 
$
16,158

Merchandise
1,464

 
1,130

Crude oil and refinery feedstocks
1,367

 
883

Midstream services, transportation and other
597

 
523

Sales and other operating revenues
$
28,081

 
$
18,694


Practical Expedients
On January 1, 2018, we adopted ASU 2014-09, Revenue - Revenue from Contracts with Customers (“ASC 606”). We elected the completed contract practical expedient and only applied ASC 606 to contracts that were not completed as of January 1, 2018.
We do not disclose information on the future performance obligations for any contract with expected duration of one year or less at inception. As of March 31, 2019, we do not have future performance obligations that are material to future periods.
Receivables
On the accompanying consolidated balance sheets, receivables, less allowance for doubtful accounts primarily consists of customer receivables. Significant, non-customer balances included in our receivables at March 31, 2019 include matching buy/sell receivables of $1.98 billion and income tax receivables of $76 million.