Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Financial information for each area is presented below:



	United States			Canada			Egypt⁽¹⁾		North Sea		Other International			Total
	(In millions)
For the Quarter Ended March 31, 2017
Oil and Gas Production Revenues	$	552		$	102		$	591	$	267	$	—		$	1,512
Operating Income (Loss)⁽²⁾	$	60		$	(13	)	$	301	$	38	$	(21	)	$	365
Other Income (Expense):
Gain on divestitures, net														341
Other														25
General and administrative														(103		)
Transaction, reorganization, and separation														10
Financing costs, net														(100		)
Income Before Income Taxes														$	538
Total Assets	$	12,361		$	1,556		$	5,006	$	3,634	$	53		$	22,610

For the Quarter Ended March 31, 2016
Oil and Gas Production Revenues	$	409		$	83		$	392	$	203	$	—		$	1,087
Operating Income (Loss)⁽²⁾	$	(159	)	$	(62	)	$	42	$	14	$	—		$	(165	)
Other Income (Expense):
Loss on divestitures, net														(1		)
Other														(3		)
General and administrative														(93		)
Transaction, reorganization, and separation														(15		)
Financing costs, net														(105		)
Loss Before Income Taxes														$	(382	)
Total Assets	$	12,726		$	2,118		$	5,527	$	4,314	$	49		$	24,734


(1)	Includes a noncontrolling interest in Egypt.

(2)

Operating income (loss) consists of oil and gas production revenues less lease operating expenses, gathering and transportation costs, taxes other than income, exploration costs, depreciation, depletion, and amortization, asset retirement obligation accretion, and impairments. The operating income (loss) of U.S. and North Sea includes asset impairments totaling $15 million and $8 million, respectively, for the first quarter of 2017. The operating income (loss) of U.S. and Canada includes asset impairments totaling $40 million and $2 million, respectively, for the first quarter of 2016.