XML 132 R102.htm IDEA: XBRL DOCUMENT v3.20.4
INDUSTRY SEGMENTS AND GEOGRAPHIC AREAS - RESULTS OF OPERATIONS (Details)
$ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
segment
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Segment Reporting [Abstract]          
Number of operating segments | segment     3    
Segment Information          
Net sales     $ 17,809 $ 20,911 $ 17,824
Income (loss) from continuing operations before income taxes     (15,705) 354 5,608
Income tax expense     2,172 (861) (1,477)
Income (loss) from continuing operations     (13,533) (507) 4,131
INVESTMENTS IN UNCONSOLIDATED ENTITIES     3,250 6,389 1,680
Property, plant and equipment additions     2,619 6,453 5,020
Depreciation, depletion and amortization     8,097 6,140 3,977
Total assets     80,064 107,190 42,159
Pre-tax impairment and related charges on domestic undeveloped leases       285  
Impairments of assets $ 8,600     285  
Employee severance and related costs       1,000  
Crucial seismic data       401  
Bank, legal and consulting fees       213  
Tax expense (benefit) of pre-tax adjustments     (1,900) (245) 198
Gains (losses) on interest rate swaps and warrants, net     (423) 233 0
Goodwill derecognized   $ 1,200      
Anadarko Acquisition-related costs     339 1,647 0
Qatar ISND and ISSD          
Segment Information          
Impairments of assets         416
Oil and gas          
Segment Information          
Impairments of assets $ 6,400 $ 581      
Midstream and marketing          
Segment Information          
Impairments of assets         100
Midstream and marketing | Non Core Midstream Assets          
Segment Information          
Pre-tax net gain from divestiture         907
Operating segments | Oil and gas          
Segment Information          
Net sales     13,066 13,941 10,441
Income (loss) from continuing operations before income taxes     (9,632) 2,520 2,442
Income tax expense     0 0 0
Income (loss) from continuing operations     (9,632) 2,520 2,442
INVESTMENTS IN UNCONSOLIDATED ENTITIES     168 181 0
Property, plant and equipment additions     2,279 5,571 4,443
Depreciation, depletion and amortization     7,414 5,153 3,254
Total assets     62,931 80,093 24,874
Gain on sale       475  
Pre-tax impairment and related charges on domestic undeveloped leases       39  
Impairments of assets     7,100    
Impairment charges       285  
Pre-tax loss on sale of properties     1,600    
Gains (losses) on interest rate swaps and warrants, net     1,100    
Operating segments | Chemical          
Segment Information          
Net sales     3,733 4,102 4,657
Income (loss) from continuing operations before income taxes     664 799 1,159
Income tax expense     0 0 0
Income (loss) from continuing operations     664 799 1,159
INVESTMENTS IN UNCONSOLIDATED ENTITIES     645 689 733
Property, plant and equipment additions     261 272 277
Depreciation, depletion and amortization     356 368 354
Total assets     4,326 4,361 4,359
Operating segments | Midstream and marketing          
Segment Information          
Net sales     1,768 4,132 3,656
Income (loss) from continuing operations before income taxes     (4,175) 241 2,802
Income tax expense     0 0 0
Income (loss) from continuing operations     (4,175) 241 2,802
INVESTMENTS IN UNCONSOLIDATED ENTITIES     2,437 5,519 947
Property, plant and equipment additions     50 475 221
Depreciation, depletion and amortization     312 563 331
Total assets     9,856 14,915 9,392
Charge upon loss of control       1,000  
Pre-tax gain on sale of equity investment       114  
Impairment of equity method investment     2,700    
Equity method investment, loss from goodwill impairment     236    
Goodwill derecognized     1,400    
Operating segments | Midstream and marketing | Interest Rate Swaps          
Segment Information          
Mark to market gain on interest rate swap       30  
Corporate and eliminations          
Segment Information          
Net sales     (758) (1,264) (930)
Income (loss) from continuing operations before income taxes     (2,562) (3,206) (795)
Income tax expense     2,172 (861) (1,477)
Income (loss) from continuing operations     (390) (4,067) (2,272)
INVESTMENTS IN UNCONSOLIDATED ENTITIES     0 0 0
Property, plant and equipment additions     29 135 79
Depreciation, depletion and amortization     15 56 38
Total assets     2,951 $ 7,821 $ 3,534
Anadarko Acquisition-related costs     339    
Loss on interest rate swaps     $ 428