Asset Impairments (Notes)

3 Months Ended

Mar. 31, 2015

Asset Impairments [Abstract]

Asset Impairments

Asset Impairments

Pre-tax (non-cash) asset impairment charges were as follows:

	Three Months Ended March 31,
(millions)	2015		2014
Deepwater Gulf of Mexico	3		—
Eastern Mediterranean	24		—
North Sea	—		92
Non-Core US Property	—		5
Total	$	27	$	97

Impairments for 2015 were related to facility costs at South Raton (Deepwater Gulf of Mexico) and increases in expected field abandonment costs for the Noa and Pinnacles fields (Eastern Mediterranean).

Impairments for 2014 were primarily related to an increase in expected field abandonment costs and a change in the timing of abandonment activities at the MacCulloch North Sea field.

See Note 2. Basis of Presentation, Note 7. Fair Value Measurements and Disclosures and Note9. Asset Retirement Obligations.