Business Segments (Tables)

12 Months Ended

Dec. 31, 2020


	Exploration and Production
(Millions of dollars)	United States 1		Canada	Other	Total E&P	Corporate and Other		Discontinued Operations	Consolidated Total
Year ended December 31, 2020
Segment income (loss) - including NCI 1	$	(1,014.3)	(35.0)	(85.6)	(1,134.9)	$	(120.3)	(7.2)	(1,262.4)
Revenues from external customers	1,411.8		345.8	1.8	1,759.4	207.9		—	1,967.3
Interest and other income (loss)	(9.9)		0.8	0.8	(8.2)	(9.1)		—	(17.3)
Interest expense, net of capitalization	—		(0.5)	(0.4)	(0.9)	(168.5)		—	(169.4)
Income tax expense (benefit)	(244.2)		(21.4)	2.1	(263.5)	(30.2)		—	(293.7)
Significant noncash charges (credits)
Impairment of assets	1,152.5		—	39.7	1,192.2	14.1		—	1,206.3
Depreciation, depletion and amortization	749.4		213.2	2.3	964.9	22.3		—	987.2
Accretion of asset retirement obligations	36.6		5.5	—	42.1	—		—	42.1
Amortization of undeveloped leases	17.2		0.4	9.1	26.7	—		—	26.7
Deferred and noncurrent income taxes	(244.2)		(10.6)	1.9	(252.9)	(25.1)		—	(278.0)
Additions to property, plant, equipment	623.1		118.3	15.2	756.6	—		—	756.6
Total assets at year-end	6,915.5		2,404.1	267.7	9,587.3	1,032.9		0.7	10,620.9
Year ended December 31, 2019
Segment income (loss) - including NCI 1	$	518.4	(4.3)	(53.5)	460.6	$	(271.8)	1,064.5	1,253.3
Revenues from external customers	2,367.0		447.0	11.6	2,825.6	3.5		—	2,829.1
Interest and other income (loss)	(13.4)		(1.5)	(0.9)	(15.8)	(6.7)		—	(22.5)
Interest expense, net of capitalization	—		(0.1)	(0.4)	(0.5)	(218.8)		—	(219.3)
Income tax expense (benefit)	115.6		(2.9)	(12.4)	100.3	(85.6)		—	14.7
Significant noncash charges (credits)
Depreciation, depletion and amortization	878.7		243.0	3.5	1,125.2	22.6		—	1,147.8
Accretion of asset retirement obligations	34.4		6.1	—	40.5	—		—	40.5
Amortization of undeveloped leases	23.1		1.3	3.6	28.0	—		—	28.0
Deferred and noncurrent income taxes	111.8		14.0	(13.4)	112.4	(83.9)		—	28.5
Additions to property, plant, equipment	2,193.3		284.1	69.8	2,547.2	13.6		—	2,560.8
Total assets at year-end	8,043.3		2,303.7	308.6	10,655.6	1,046.2		16.7	11,718.5
Year ended December 31, 2018
Segment income (loss) - including NCI 1	$	242.9	51.1	(16.6)	277.4	$	(108.2)	250.3	419.5
Revenues from external customers	1,332.7		470.5	22.2	1,825.4	(34.0)		—	1,791.4
Interest and other income (loss)	—		—	—	—	7.8		—	7.8
Interest expense, net of capitalization	—		—	0.2	0.2	(180.6)		—	(180.4)
Income tax expense (benefit)	68.1		14.5	(25.3)	57.3	(183.4)		—	(126.1)
Significant noncash charges (credits)
Depreciation, depletion and amortization	519.5		232.4	3.5	755.4	20.2		—	775.6
Accretion of asset retirement obligations	19.5		7.6	—	27.1	—		—	27.1
Amortization of undeveloped leases	36.8		0.8	2.5	40.1	—		—	40.1

Deferred and noncurrent income taxes	68.1		16.5	(25.7)	58.9	(242.1)		—	(183.2)
Additions to property, plant, equipment	1,343.5		373.8	15.9	1,733.2	22.7		138.6	1,894.5
Total assets at year-end	6,342.9		1,711.9	188.1	8,242.9	1,118.5		1,691.2	11,052.6

1 Includes results attributable to a noncontrolling interest in MP GOM.


Geographic Information	Certain Long-Lived Assets at December 31
(Millions of dollars)	United States		Canada	Other	Total
2020	$	6,395.7	1,702.5	170.8	8,269.0
2019	8,003.9		1,761.2	204.6	9,969.7
2018	6,634.3		1,644.6	153.2	8,432.1