Business Segments

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Business Segments

Note N – Business Segments

Information about business segments and geographic operations is reported in the following table. For geographic purposes, revenues are attributed to the country in which the sale occurs. Corporate, including interest income, other gains and losses (including foreign exchange gains/losses and realized and unrealized gains/losses on commodity price derivatives), interest expense and unallocated overhead, is shown in the table to reconcile the business segments to consolidated totals. The Company has accounted for its former United Kingdom (U.K.) and U.S. refining and marketing operations as discontinued operations for all periods presented.

	Total Assets at March 31, 2023		Three Months Ended March 31, 2023				Three Months Ended March 31, 2022
(Millions of dollars)			External Revenues		Income (Loss)		External Revenues		Income (Loss)
Exploration and production ¹
United States	$	6,995.8	$	682.3	$	226.0	$	707.4	$	252.9
Canada	2,146.8		155.8		21.9		166.1		22.7
Other	234.5		3.6		(5.2)		–		(44.2)
Total exploration and production	9,377.1		841.7		242.7		873.5		231.4
Corporate	810.7		–		(28.7)		(320.5)		(296.3)
Continuing operations	10,187.8		841.7		214.0		553.0		(64.9)
Discontinued operations, net of tax	0.7		–		0.3		–		(0.6)
Total	$	10,188.5	$	841.7	$	214.3	$	553.0	$	(65.5)

1  Additional details about results of oil and natural gas operations are presented in the table on page 22.