Supplemental Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Supplemental Quarterly Financial Data

	First			Second			Third			Fourth			Total
	(In millions, except per share amounts)
2014
Revenues and other	$	3,675		$	3,484		$	3,740		$	2,952		$	13,851
Expenses(2)(3)		2,824			2,871			4,981			7,718			18,394
Net income (loss) from continuing operations including noncontrolling interest		851			613			(1,241	)		(4,766	)		(4,543	)
Net loss from discontinued operations, net of tax		(517	)		—			—			—			(517	)
Net income (loss) including noncontrolling interest	$	334		$	613		$	(1,241	)	$	(4,766	)	$	(5,060	)
Net income (loss) attributable to common stock	$	236		$	505		$	(1,330	)	$	(4,814	)	$	(5,403	)
Basic net income (loss) per common share(1):
Net income (loss) from continuing operations	$	1.92		$	1.31		$	(3.50	)	$	(12.78	)	$	(12.72	)
Net loss from discontinued operations		(1.32	)		—			—			—			(1.34	)
Net income (loss) per share	$	0.60		$	1.31		$	(3.50	)	$	(12.78	)	$	(14.06	)
Diluted net income (loss) per common share(1):
Net income (loss) from continuing operations	$	1.90		$	1.31		$	(3.50	)	$	(12.78	)	$	(12.72	)
Net loss from discontinued operations		(1.30	)		—			—			—			(1.34	)
Net income (loss) per share	$	0.60		$	1.31		$	(3.50	)	$	(12.78	)	$	(14.06	)
2013
Revenues and other	$	3,946		$	4,268		$	3,900		$	3,446		$	15,560
Expenses(2)		3,168			3,231			3,464			3,217			13,080
Net income from continuing operations including noncontrolling interest		778			1,037			436			229			2,480
Net income (loss) from discontinued operations, net of tax		(61	)		(2	)		(130	)		1			(192	)
Net income including noncontrolling interest	$	717		$	1,035		$	306		$	230		$	2,288
Net income attributable to common stock	$	698		$	1,016		$	300		$	174		$	2,188
Basic net income per common share(1):
Net income from continuing operations	$	1.94		$	2.60		$	1.08		$	0.43		$	6.02
Net income (loss) from discontinued operations		(0.16	)		(0.01	)		(0.33	)		0.01			(0.49	)
Net income per share	$	1.78		$	2.59		$	0.75		$	0.44		$	5.53
Diluted net income per common share(1):
Net income from continuing operations	$	1.91		$	2.54		$	1.07		$	0.43		$	5.97
Net income (loss) from discontinued operations		(0.15	)		—			(0.32	)		—			(0.47	)
Net income per share	$	1.76		$	2.54		$	0.75		$	0.43		$	5.50

(1) The sum of the individual quarterly net income per common share amounts may not agree with full-year net income per common share as each quarterly computation is based on the weighted-average number of common shares outstanding during that period.

(2) In 2014, operating expenses include non-cash write-downs of the Company’s oil and gas properties totaling $3.1 billion, net of tax, in the U.S. and North Sea regions. In 2013, operating expenses include non-cash write-downs of the Company’s oil and gas properties totaling $541 million, net of tax, in the U.S. and North Sea regions and also the Company’s exit of operations in Kenya.

(3) In the fourth quarter of 2014, operating expenses include non-cash asset impairments totaling $2.4 billion, including $1.3 billion for the impairment of goodwill, $1.0 billion for the impairment of assets held for sale, and other asset impairments.