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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES AND OTHER INCOME    
Net sales$ 6,006$ 4,763$ 17,905$ 13,982
Interest, dividends and other income702713688
Gains on disposition of assets, net 6221
TOTAL REVENUES AND OTHER INCOME6,0764,79618,06314,071
COSTS AND OTHER DEDUCTIONS    
Cost of sales2,8792,3238,1256,888
Selling, general and administrative and other operating expenses2422771,071908
Taxes other than on income152110465356
Exploration expense3983185208
Interest and debt expense, net252526792
TOTAL COSTS AND OTHER DEDUCTIONS3,3372,81810,1138,452
Income before income taxes and other items2,7391,9787,9505,619
Provision for domestic and foreign income taxes1,0878223,2522,377
(Income) from equity investments(123)(69)(301)(193)
Income from continuing operations1,7751,2254,9993,435
Discontinued operations, net(4)(12)138(59)
Net income1,7711,2135,1373,376
Less: Net income attributable to noncontrolling interest (22) (58)
NET INCOME ATTRIBUTABLE TO COMMON STOCK$ 1,771$ 1,191$ 5,137$ 3,318
BASIC EARNINGS PER COMMON SHARE (attributable to common stock)    
Income from continuing operations (in dollars per share)$ 2.18$ 1.48$ 6.14$ 4.15
Discontinued operations, net (in dollars per share)$ (0.01)$ (0.02)$ 0.17$ (0.07)
BASIC EARNINGS PER COMMON SHARE (in dollars per share)$ 2.17$ 1.46$ 6.31$ 4.08
DILUTED EARNINGS PER COMMON SHARE (attributable to common stock)    
Income from continuing operations (in dollars per share)$ 2.18$ 1.48$ 6.14$ 4.14
Discontinued operations, net (in dollars per share)$ (0.01)$ (0.02)$ 0.17$ (0.07)
DILUTED EARNINGS PER COMMON SHARE (in dollars per share)$ 2.17$ 1.46$ 6.31$ 4.07
DIVIDENDS PER COMMON SHARE (in dollars per share)$ 0.46$ 0.38$ 1.38$ 1.09