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Statement of Consolidated Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES AND OTHER:    
Oil and gas production revenues $ 4,146 $ 4,457
Other (70) 79
Total revenues and other 4,076 4,536
Oil and gas property and equipment    
Recurring 1,265 1,135
Additional 65 521
Other assets 105 84
Asset retirement obligation accretion 65 55
Lease operating expenses 771 673
Gathering and transportation 74 77
Taxes other than income 242 257
General and administrative 116 128
Merger, acquisitions & transition   6
Financing costs, net 53 40
Total operating expenses 2,756 2,976
INCOME BEFORE INCOME TAXES 1,320 1,560
Current income tax provision 497 725
Deferred income tax provision 106 38
NET INCOME 717 797
Preferred stock dividends 19 19
NET INCOME ATTRIBUTABLE TO COMMON STOCK $ 698 $ 778
NET INCOME PER COMMON SHARE    
Basic $ 1.78 $ 2.02
Diluted $ 1.76 $ 2.00
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:    
Basic 392 385
Diluted 408 399
DIVIDENDS DECLARED PER COMMON SHARE $ 0.20 $ 0.17