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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues and Other      
Oil and condensate sales $ 5,420 $ 9,748 $ 9,178
Natural-gas sales 2,007 3,849 3,388
Natural-gas liquids sales 833 1,572 1,262
Gathering, processing, and marketing sales 1,226 1,206 1,039
Gains (losses) on divestitures and other, net (788) 2,095 (286)
Total 8,698 18,470 14,581
Costs and Expenses      
Oil and gas operating 1,014 1,171 1,092
Oil and gas transportation 1,117 1,116 981
Exploration 2,644 1,639 1,329
Gathering, processing, and marketing 1,054 1,030 869
General and administrative 1,176 1,316 1,090
Depreciation, depletion, and amortization 4,603 4,550 3,927
Other taxes 553 1,244 1,077
Impairments 5,075 836 794
Other operating expense 271 165 89
Total 17,507 13,067 11,248
Operating Income (Loss) (8,809) 5,403 3,333
Other (Income) Expense      
Interest expense 825 772 686
(Gains) losses on derivatives, net (100) 207 (392)
Other (income) expense, net 149 20 89
Total 880 5,349 1,227
Income (Loss) Before Income Taxes (9,689) 54 2,106
Income tax expense (benefit) (2,877) 1,617 1,165
Net Income (Loss) (6,812) (1,563) 941
Net income (loss) attributable to noncontrolling interests (120) 187 140
Net Income (Loss) Attributable to Common Stockholders $ (6,692) $ (1,750) $ 801
Per Common Share      
Net income (loss) attributable to common stockholders—basic $ (13.18) $ (3.47) $ 1.58
Net income (loss) attributable to common stockholders—diluted $ (13.18) $ (3.47) $ 1.58
Average Number of Common Shares Outstanding—Basic 508 506 502
Average Number of Common Shares Outstanding—Diluted 508 506 505
Dividends (per Common Share) $ 1.08 $ 0.99 $ 0.54
Judicial Ruling [Member] | Tronox Litigation [Member]      
Other (Income) Expense      
Litigation-related contingent loss $ 5 $ 4,360 $ 850
Commodity Contract and Interest-Rate Swap [Member]      
Other (Income) Expense      
(Gains) losses on derivatives, net $ (99) $ 197 $ (398)