Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2012

Business Segment Information [Abstract]

Business Segment Information

	United States		Canada			Egypt		Australia		U.K. North Sea		Argentina		Other International		Total
	(In millions)
For the Quarter Ended March 31, 2012
Oil and Gas Production Revenues	$	1,550	$	353		$	1,249	$	426	$	742	$	137	$	—	$	4,457
Operating Income (Loss) (1)	$	672	$	(487	)	$	928	$	250	$	264	$	28	$	—	$	1,655
Other Income (Expense):
Other																	79
General and administrative																	(128	)
Merger, acquisitions & transition																	(6	)
Financing costs, net																	(40	)
Income Before Income Taxes																$	1,560
Total Assets	$	24,209	$	8,372		$	6,870	$	5,334	$	6,591	$	1,773	$	88	$	53,237
For the Quarter Ended March 31, 2011
Oil and Gas Production Revenues	$	1,377	$	402		$	1,199	$	372	$	430	$	98	$	—	$	3,878
Operating Income (1)	$	629	$	78		$	893	$	226	$	206	$	10	$	—	$	2,042
Other Income (Expense):
Other																	47
General and administrative																	(112	)
Merger, acquisitions & transition																	(5	)
Financing costs, net																	(45	)
Income Before Income Taxes																$	1,927
Total Assets	$	21,683	$	8,635		$	6,266	$	4,016	$	2,609	$	1,598	$	59	$	44,866

⁽¹⁾ Operating Income (Loss) consists of oil and gas production revenues less depreciation, depletion and amortization, asset retirement obligation accretion, lease operating expenses, gathering and transportation costs, and taxes other than income. Canada’s operating loss for the first quarter of 2012 includes additional depletion of $521 million to write-down the carrying value of oil and gas properties.