Segment Disclosures and Related Information (Tables)

12 Months Ended

Dec. 31, 2017



	Millions of Dollars
	2017			2016		2015
Sales and Other Operating Revenues
Midstream
Total sales	$	6,620		4,226		3,676
Intersegment eliminations	(1,842		)	(1,299	)	(1,034	)
Total Midstream	4,778			2,927		2,642
Chemicals	5			5		5
Refining
Total sales	65,494			52,068		63,470
Intersegment eliminations	(40,284		)	(34,120	)	(40,317	)
Total Refining	25,210			17,948		23,153
Marketing and Specialties
Total sales	73,565			64,476		74,591
Intersegment eliminations	(1,233		)	(1,109	)	(1,446	)
Total Marketing and Specialties	72,332			63,367		73,145
Corporate and Other	29			32		30
Consolidated sales and other operating revenues	$	102,354		84,279		98,975

Depreciation, Amortization and Impairments
Midstream	$	299		218		128
Chemicals	—			—		—
Refining	838			770		741
Marketing and Specialties	116			107		100
Corporate and Other	89			78		116
Consolidated depreciation, amortization and impairments	$	1,342		1,173		1,085



	Millions of Dollars
	2017			2016		2015
Equity in Earnings of Affiliates
Midstream	$	454		184		(268	)
Chemicals	713			834		1,316
Refining	322			164		325
Marketing and Specialties	243			232		207
Corporate and Other	—			—		(7	)
Consolidated equity in earnings of affiliates	$	1,732		1,414		1,573

Income Tax Expense (Benefit)
Midstream	$	174		123		73
Chemicals	191			256		353
Refining	672			61		1,104
Marketing and Specialties	334			370		466
Corporate and Other	(3,064		)	(263	)	(232	)
Consolidated income tax expense (benefit)	$	(1,693	)	547		1,764

Net Income (Loss)
Midstream	$	464		280		74
Chemicals	525			583		962
Refining	1,404			374		2,555
Marketing and Specialties	686			891		1,187
Corporate and Other	2,169			(484	)	(498	)
Consolidated net income	$	5,248		1,644		4,280



	Millions of Dollars
	2017		2016	2015
Investments In and Advances To Affiliates
Midstream	$	4,734	4,769	4,198
Chemicals	6,222		5,773	5,177
Refining	2,398		2,420	2,262
Marketing and Specialties	390		391	342
Corporate and Other	—		1	1
Consolidated investments in and advances to affiliates	$	13,744	13,354	11,980

Total Assets
Midstream	$	13,231	12,832	11,043
Chemicals	6,226		5,802	5,237
Refining	23,820		22,825	21,993
Marketing and Specialties	7,103		6,227	5,631
Corporate and Other	3,991		3,967	4,676
Consolidated total assets	$	54,371	51,653	48,580

Capital Expenditures and Investments
Midstream	$	771	1,453	4,457
Chemicals	—		—	—
Refining	853		1,149	1,069
Marketing and Specialties	108		98	122
Corporate and Other	100		144	116
Consolidated capital expenditures and investments	$	1,832	2,844	5,764

Interest Income and Expense
Interest income
Midstream	$	1	2	—
Marketing and Specialties	—		—	2
Corporate and Other	30		16	25
Consolidated interest income	$	31	18	27

Interest and debt expense
Corporate and Other	$	438	338	310



Sales and Other Operating Revenues by Product Line
Refined products	$	85,405	73,385	86,249
Crude oil resales	11,808		7,594	8,993
NGL	4,670		3,107	2,998
Other	471		193	735
Consolidated sales and other operating revenues by product line	$	102,354	84,279	98,975



	Millions of Dollars
	Sales and Other Operating Revenues*				Long-Lived Assets**
	2017		2016	2015	2017	2016	2015

United States	$	75,684	59,742	69,578	33,264	32,442	29,624
United Kingdom	10,626		9,895	12,120	1,254	1,177	1,459
Germany	6,692		6,128	6,584	591	503	502
Other foreign countries	9,352		8,514	10,693	95	87	116
Worldwide consolidated	$	102,354	84,279	98,975	35,204	34,209	31,701

* Sales and other operating revenues are attributable to countries based on the location of the operations generating the revenues.

** Defined as net properties, plants and equipment plus investments in and advances to affiliated companies.