$COP
CONOCOPHILLIPS Stock $cop

$cop Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000119312516574165 Filed on May 03, 2016

Income Statement

Concept	2016 Q1	2015 Q1
Revenue	$5.121B	$8.002B
YoY Change	-36.0%	-50.14%
Cost Of Revenue	$3.578B	$5.083B
YoY Change	-29.61%	-45.01%
Gross Profit	$1.565B	$2.679B
YoY Change	-41.58%	-55.25%
Gross Profit Margin	30.56%	33.48%
Selling, General & Admin	$366.0M	$159.0M
YoY Change	130.19%	-12.64%
% of Gross Profit	23.39%	5.94%
Research & Development	$505.0M	$482.0M
YoY Change	4.77%	62.84%
% of Gross Profit	32.27%	17.99%
Depreciation & Amortization	$2.247B	$2.131B
YoY Change	5.44%	12.63%
% of Gross Profit	143.58%	79.54%
Operating Expenses	$3.227B	$159.0M
YoY Change	1929.56%	-12.64%
Operating Profit	-$1.662B	$2.520B
YoY Change	-165.95%	-56.58%
Interest Expense	-$449.0M	$46.00M
YoY Change	-1076.09%	-94.54%
% of Operating Profit		1.83%
Other Income/Expense, Net
YoY Change
Pretax Income	-$2.224B	-$356.0M
YoY Change	524.72%	-109.63%
Income Tax	-$768.0M	-$642.0M
% Of Pretax Income
Net Earnings	-$1.469B	$272.0M
YoY Change	-640.07%	-87.19%
Net Earnings / Revenue	-28.69%	3.4%
Basic Earnings Per Share		$0.22
Diluted Earnings Per Share	-$1.180M	$0.22
COMMON SHARES
Basic Shares Outstanding		1.241M shares
Diluted Shares Outstanding		1.246M shares

Balance Sheet

Concept	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.173B	$2.664B
YoY Change	94.18%	-65.54%
Cash & Equivalents	$4.866B	$2.664B
Short-Term Investments	$307.0M
Other Short-Term Assets	$735.0M	$1.564B
YoY Change	-53.01%	-44.1%
Inventory	$1.072B	$1.233B
Prepaid Expenses
Receivables	$3.954B	$5.379B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$10.93B	$10.84B
YoY Change	0.87%	-46.86%
LONG-TERM ASSETS
Property, Plant & Equipment	$66.00B	$74.22B
YoY Change	-11.08%	0.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$21.17B	$23.22B
YoY Change	-8.86%	-0.16%
Other Assets	$1.094B	$1.008B
YoY Change	8.53%	-4.0%
Total Long-Term Assets	$88.90B	$99.20B
YoY Change	-10.38%	-0.42%
TOTAL ASSETS
Total Short-Term Assets	$10.93B	$10.84B
Total Long-Term Assets	$88.90B	$99.20B
Total Assets	$99.83B	$110.0B
YoY Change	-9.28%	-8.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.088B	$6.706B
YoY Change	-39.04%	-30.17%
Accrued Expenses	$1.384B	-$1.855B
YoY Change	-174.61%	-257.47%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.079B	$193.0M
YoY Change	977.2%	-88.73%
Total Short-Term Liabilities	$8.825B	$9.563B
YoY Change	-7.72%	-44.13%
LONG-TERM LIABILITIES
Long-Term Debt	$27.38B	$22.32B
YoY Change	22.66%	14.49%
Other Long-Term Liabilities	$13.89B	$15.11B
YoY Change	-8.05%	6.01%
Total Long-Term Liabilities	$41.27B	$37.43B
YoY Change	10.26%	10.91%
TOTAL LIABILITIES
Total Short-Term Liabilities	$8.825B	$9.563B
Total Long-Term Liabilities	$41.27B	$37.43B
Total Liabilities	$60.43B	$61.03B
YoY Change	-0.99%	-8.09%
SHAREHOLDERS EQUITY
Retained Earnings	$34.63B	$43.87B
YoY Change	-21.05%	3.39%
Common Stock	$46.38B	$46.15B
YoY Change	0.5%	0.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$36.78B	$36.78B
YoY Change	0.0%	0.0%
Treasury Stock Shares	542.2M shares	542.2M shares
Shareholders Equity	$39.09B	$48.65B
YoY Change
Total Liabilities & Shareholders Equity	$99.83B	$110.0B
YoY Change	-9.28%	-8.32%

Cashflow Statement

Concept	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	-$1.469B	$272.0M
YoY Change	-640.07%	-87.19%
Depreciation, Depletion And Amortization	$2.247B	$2.131B
YoY Change	5.44%	12.63%
Cash From Operating Activities	$421.0M	$2.068B
YoY Change	-79.64%	-67.36%
INVESTING ACTIVITIES
Capital Expenditures	-$1.821B	-$3.332B
YoY Change	-45.35%	-14.45%
Acquisitions
YoY Change
Other Investing Activities	-$4.000M	$9.000M
YoY Change	-144.44%	-119.57%
Cash From Investing Activities	-$2.065B	-$3.314B
YoY Change	-37.69%	-10.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$42.00M	-$34.00M
YoY Change	-223.53%	6.25%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$4.137B	-$1.019B
YoY Change	-505.99%	-24.74%
NET CHANGE
Cash From Operating Activities	$421.0M	$2.068B
Cash From Investing Activities	-$2.065B	-$3.314B
Cash From Financing Activities	$4.137B	-$1.019B
Net Change In Cash	$2.493B	-$2.265B
YoY Change	-210.07%	-276.4%
FREE CASH FLOW
Cash From Operating Activities	$421.0M	$2.068B
Capital Expenditures	-$1.821B	-$3.332B
Free Cash Flow	$2.242B	$5.400B
YoY Change	-58.48%	-47.22%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q4	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	317000000	USD
CY2016Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	313000000	USD
CY2016Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-38000000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2498000000	USD
CY2015Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-133000000	USD
CY2015Q4	us-gaap	Inventory Crude Oil Products And Merchandise InventoryCrudeOilProductsAndMerchandise	406000000	USD
CY2015Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	718000000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	66446000000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2368000000	USD
CY2015Q4	us-gaap	Due From Related Parties Noncurrent DueFromRelatedPartiesNoncurrent	696000000	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	320000000	USD
CY2016Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2500000000	shares
CY2016Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	542230673	shares
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	7000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-2745000000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	36414000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	-63000000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	8789000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-32000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	-231000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-17000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1101000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-6247000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax	-1000000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-368000000	USD
CY2015Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	38000000	USD
CY2015Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-18000000	USD
CY2016Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	1821000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	1183000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	1183000000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-355000000	USD
CY2015Q1	cop	Defined Benefit Pension Plans Non Sponsored Plans Before Tax DefinedBenefitPensionPlansNonSponsoredPlansBeforeTax	0	USD
CY2015Q1	us-gaap	Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax	-26000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-2719000000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-2401000000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	14000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax	-9000000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4866000000	USD
CY2016Q1	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	201000000	USD
CY2016Q1	us-gaap	Inventory Net InventoryNet	1072000000	USD
CY2016Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	735000000	USD
CY2016Q1	us-gaap	Assets Current AssetsCurrent	10934000000	USD
CY2016Q1	us-gaap	Due From Related Parties Noncurrent DueFromRelatedPartiesNoncurrent	639000000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	66000000000	USD
CY2016Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1094000000	USD
CY2016Q1	us-gaap	Assets Assets	99834000000	USD
CY2016Q1	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	77000000	USD
CY2016Q1	us-gaap	Debt Current DebtCurrent	2079000000	USD
CY2016Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	701000000	USD
CY2016Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1379000000	USD
CY2016Q1	us-gaap	Liabilities Current LiabilitiesCurrent	8825000000	USD
CY2016Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	27376000000	USD
CY2016Q1	cop	Asset Retirement Obligations And Accrued Environmental Cost AssetRetirementObligationsAndAccruedEnvironmentalCost	9877000000	USD
CY2016Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	10332000000	USD
CY2016Q1	us-gaap	Deferred Credits And Other Liabilities DeferredCreditsAndOtherLiabilities	1524000000	USD
CY2016Q1	us-gaap	Liabilities Liabilities	60427000000	USD
CY2016Q1	us-gaap	Common Stock Value CommonStockValue	18000000	USD
CY2016Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	46365000000	USD
CY2016Q1	us-gaap	Treasury Stock Value TreasuryStockValue	36780000000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-5146000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-50000000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2415000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax	0	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	82000000	USD
CY2016Q1	cop	Defined Benefit Pension Plans Non Sponsored Plans Before Tax DefinedBenefitPensionPlansNonSponsoredPlansBeforeTax	0	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	50000000	USD
CY2016Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-549000000	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	1124000000	USD
CY2015Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	499000000	USD
CY2016Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-252000000	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	34632000000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	39089000000	USD
CY2016Q1	us-gaap	Minority Interest MinorityInterest	318000000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	39407000000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	99834000000	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	783000000	USD
CY2015Q4	us-gaap	Debt Current DebtCurrent	1427000000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	9256000000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	23453000000	USD
CY2015Q4	us-gaap	Deferred Credits And Other Liabilities DeferredCreditsAndOtherLiabilities	1828000000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	57402000000	USD
CY2015Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1510000000	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	10999000000	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	46357000000	USD
CY2015Q4	cop	Asset Retirement Obligations And Accrued Environmental Cost AssetRetirementObligationsAndAccruedEnvironmentalCost	9580000000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	39762000000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	97484000000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	40082000000	USD
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	18000000	USD
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	36780000000	USD
CY2016Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	6000000	USD
CY2016Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1780617889	shares
CY2016Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1778226388	shares
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	70413000000	USD
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2500000000	shares
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	542230673	shares
CY2016Q1	us-gaap	Exploration Abandonment And Impairment Expense ExplorationAbandonmentAndImpairmentExpense	360000000	USD
CY2016Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-827000000	USD
CY2016Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-126000000	USD
CY2016Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-61000000	USD
CY2016Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-9000000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-454000000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	421000000	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	135000000	USD
CY2016Q1	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	53000000	USD
CY2016Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-4000000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2065000000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-42000000	USD
CY2016Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	73521000000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	4137000000	USD
CY2016Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	5000000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	9000000	USD
CY2015Q1	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	52000000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1019000000	USD
CY2015Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	3332000000	USD
CY2015Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-133000000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1104000000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	910000000	USD
CY2015Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-234000000	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	173000000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-34000000	USD
CY2015Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-80000000	USD
CY2015Q1	us-gaap	Exploration Abandonment And Impairment Expense ExplorationAbandonmentAndImpairmentExpense	311000000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3314000000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-2398000000	USD
CY2015Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-77000000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2068000000	USD
CY2015Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-637000000	USD
CY2015Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	57000000	USD
CY2016Q1	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	271000000	USD
CY2016Q1	us-gaap	Capitalized Exploratory Well Costs CapitalizedExploratoryWellCosts	1327000000	USD
CY2015Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-1368000000	USD
CY2015Q4	us-gaap	Capitalized Exploratory Well Costs CapitalizedExploratoryWellCosts	1260000000	USD
CY2016Q1	us-gaap	Capitalized Exploratory Well Cost Period Increase Decrease CapitalizedExploratoryWellCostPeriodIncreaseDecrease	67000000	USD
CY2016Q1	us-gaap	Short Term Debt Terms ShortTermDebtTerms	P90D
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	49008000000	USD
CY2015Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	21000000	USD
CY2016Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	16000000	USD
CY2016Q1	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	263000000	USD
CY2015Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	258000000	USD
CY2016Q1	cop	Expected Years To Incur Majority Of Expenditures ExpectedYearsToIncurMajorityOfExpenditures	P30Y
CY2016Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	339000000	USD
CY2016Q1	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	136000000	USD
CY2015Q4	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	158000000	USD
CY2016Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	527000000	USD
CY2015Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	828000000	USD
CY2016Q1	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	0	USD
CY2016Q1	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	517000000	USD
CY2016Q1	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	527000000	USD
CY2016Q1	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	349000000	USD
CY2016Q1	us-gaap	Derivative Assets DerivativeAssets	178000000	USD
CY2016Q1	us-gaap	Derivative Asset Collateral Obligation To Return Cash Offset DerivativeAssetCollateralObligationToReturnCashOffset	0	USD
CY2016Q1	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	173000000	USD
CY2016Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	517000000	USD
CY2016Q1	us-gaap	Derivative Liability Fair Value Gross Asset DerivativeLiabilityFairValueGrossAsset	349000000	USD
CY2016Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	168000000	USD
CY2016Q1	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	7000000	USD
CY2016Q1	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	152000000	USD
CY2015Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	828000000	USD
CY2015Q4	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	600000000	USD
CY2015Q4	us-gaap	Derivative Assets DerivativeAssets	228000000	USD
CY2015Q4	us-gaap	Derivative Asset Collateral Obligation To Return Cash Offset DerivativeAssetCollateralObligationToReturnCashOffset	0	USD
CY2015Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	220000000	USD
CY2015Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	800000000	USD
CY2015Q4	us-gaap	Derivative Liability Fair Value Gross Asset DerivativeLiabilityFairValueGrossAsset	600000000	USD
CY2015Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	200000000	USD
CY2015Q4	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	1000000	USD
CY2015Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	188000000	USD
CY2016Q1	us-gaap	Derivative Asset Not Subject To Master Netting Arrangement DerivativeAssetNotSubjectToMasterNettingArrangement	5000000	USD
CY2016Q1	us-gaap	Derivative Liability Not Subject To Master Netting Arrangement DerivativeLiabilityNotSubjectToMasterNettingArrangement	9000000	USD
CY2015Q4	us-gaap	Derivative Liability Not Subject To Master Netting Arrangement DerivativeLiabilityNotSubjectToMasterNettingArrangement	11000000	USD
CY2015Q4	us-gaap	Derivative Asset Not Subject To Master Netting Arrangement DerivativeAssetNotSubjectToMasterNettingArrangement	8000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-443000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-5804000000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	-525000000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-4621000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax	-32000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax	17000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax	36000000	USD
CY2015Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-253000000	USD
CY2015Q1	us-gaap	Interest Paid Net InterestPaidNet	197000000	USD
CY2016Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	133000000	USD
CY2016Q1	us-gaap	Interest Paid Net InterestPaidNet	244000000	USD
CY2016Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	6	pure
CY2016Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	3954000000	USD
CY2016Q1	cop	Other Common Stockholders Equity OtherCommonStockholdersEquity	4457000000	USD
CY2015Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	4514000000	USD
CY2016Q1	cop	Investments And Long Term Receivables Including Loans And Advances Related Parties InvestmentsAndLongTermReceivablesIncludingLoansAndAdvancesRelatedParties	21806000000	USD
CY2015Q4	cop	Investments And Long Term Receivables Including Loans And Advances Related Parties InvestmentsAndLongTermReceivablesIncludingLoansAndAdvancesRelatedParties	21186000000	USD
CY2015Q4	cop	Other Common Stockholders Equity OtherCommonStockholdersEquity	3348000000	USD
CY2015Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	52000000	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	7716000000	USD
CY2015Q1	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	25000000	USD
CY2015Q1	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	22000000	USD
CY2015Q1	us-gaap	Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty	18000000	USD
CY2015Q1	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	-2000000	USD
CY2016Q1	us-gaap	Short Term Debt Refinanced Amount ShortTermDebtRefinancedAmount	0	USD
CY2016Q1	us-gaap	Collateral Already Posted Aggregate Fair Value CollateralAlreadyPostedAggregateFairValue	1000000	USD
CY2015Q4	us-gaap	Collateral Already Posted Aggregate Fair Value CollateralAlreadyPostedAggregateFairValue	2000000	USD
CY2016Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	64000000	USD
CY2016Q1	dei	Trading Symbol TradingSymbol	COP
CY2016Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	1354000000	USD
CY2015Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	1802000000	USD
CY2016Q1	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	3753000000	USD
CY2015Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	4314000000	USD
CY2016Q1	us-gaap	Long Term Investments And Receivables Net LongTermInvestmentsAndReceivablesNet	21167000000	USD
CY2015Q4	us-gaap	Long Term Investments And Receivables Net LongTermInvestmentsAndReceivablesNet	20490000000	USD
CY2016Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	4088000000	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	4895000000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-416000000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-630000000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5062000000	USD
CY2016Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	501000000	USD
CY2015Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	887000000	USD
CY2016Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	2493000000	USD
CY2015Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	2286000000	USD
CY2015Q4	cop	Accountspayablecurrentandrelatedpartyaccountspayable Accountspayablecurrentandrelatedpartyaccountspayable	4933000000	USD
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001163165
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	52273000000	USD
CY2015Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	-2620000000	USD
CY2016Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	1110000000	USD
CY2016Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue	527000000	USD
CY2016Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue	517000000	USD
CY2015Q4	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue	828000000	USD
CY2015Q4	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue	800000000	USD
CY2016Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.35	pure
CY2016Q1	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;margin-left:0pt;' >Note </font><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#FF00FF;' >21</font><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;' >—</font><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;' >New Accounting Standards</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;margin-left:0pt;' >In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers” (ASU No. 2014-09),</font><font style='font-family:Times New Roman;font-size:10.5pt;' > which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. This ASU supersedes the revenue recognition requirements in FASB ASC Topic 605, “Revenue Recognition,” and most industry-spec</font><font style='font-family:Times New Roman;font-size:10.5pt;' >ific guidance. This ASU sets forth a five-step model for determining when and how revenue is recognized. Under the model, an entity will be required to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting th</font><font style='font-family:Times New Roman;font-size:10.5pt;' >e consideration it expects to receive in exchange for those goods or services. Additional disclosures will be required to describe the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;margin-left:0pt;' >In August 2015, the</font><font style='font-family:Times New Roman;font-size:10.5pt;' > FASB issued ASU No. 2015-14, “Deferral of the Effective Date,” which defers the effective date of ASU No. 2014-09. The ASU is now effective for interim and annual periods beginning after December 15, 2017. Early adoption is permitted for interim and ann</font><font style='font-family:Times New Roman;font-size:10.5pt;' >ual periods beginning after December 15, 2016. Entities may choose to adopt the standard using either a full retrospective approach or a modified retrospective approach. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;margin-left:0pt;' >ASU No. 2014-09 was amended in March 2016 by the provisions of ASU No. 2016-08, “P</font><font style='font-family:Times New Roman;font-size:10.5pt;' >rincipal versus Agent Considerations (Reporting Revenue Gross versus Net),” and in April 2016 by the provisions of ASU No. 2016-10, “Identifying Performance Obligations and Licensing.” We are currently evaluating the impact of the adoption of ASU No. 2014</font><font style='font-family:Times New Roman;font-size:10.5pt;' >-09, as amended, and continue to monitor proposals issued by the FASB to clarify the ASU.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;margin-left:0pt;' >In February 2016, the FASB issued ASU No. 2016-02, “Leases” (ASU </font><font style='font-family:Times New Roman;font-size:10.5pt;' >No. </font><font style='font-family:Times New Roman;font-size:10.5pt;' >2016-02), which establishes comprehensive accounting and financial reporting requirements for leasin</font><font style='font-family:Times New Roman;font-size:10.5pt;' >g arrangements. This ASU supersedes the existing requirements in FASB ASC Topic 840, “Leases,” and requires lessees to recognize substantially all lease assets and lease liabilities on the balance sheet. The provisions of ASU </font><font style='font-family:Times New Roman;font-size:10.5pt;' >No. </font><font style='font-family:Times New Roman;font-size:10.5pt;' >2016-02 also modify the defi</font><font style='font-family:Times New Roman;font-size:10.5pt;' >nition of a lease and outline requirements for recognition, measurement, presentation, and disclosure of leasing arrangements by both lessees and lessors. The ASU is effective for interim and annual periods beginning after December 15, 2018, and early ado</font><font style='font-family:Times New Roman;font-size:10.5pt;' >ption of the standard is permitted. Entities are required to adopt the ASU using a modified retrospective approach, subject to certain optional practical expedients, and apply the provisions of ASU </font><font style='font-family:Times New Roman;font-size:10.5pt;' >No. </font><font style='font-family:Times New Roman;font-size:10.5pt;' >2016-02 to leasing arrangements existing at or entered i</font><font style='font-family:Times New Roman;font-size:10.5pt;' >nto after the earliest comparative period presented in the financial statements. We are currently evaluating the impact of the adoption of this ASU. </font></p><p style='text-align:left;line-height:12pt;' ></p></div>
CY2016Q1	us-gaap	Property Plant And Equipment Fair Value Disclosure PropertyPlantAndEquipmentFairValueDisclosure	217000000	USD
CY2016Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	129000000	USD
CY2015Q1	us-gaap	Immaterial Error Correction ImmaterialErrorCorrection	In relation to certain working capital changes associated with investing activities, we reclassified $198 million of the “Decrease in accounts payable” line within “Cash Flows From Operating Activities” to the “Working capital changes associated with investing activities” line within “Cash Flows From Investing Activities” for the three months ended March 31, 2015. There was no impact to “Cash and Cash Equivalents at End of Period.”
CY2015Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	1.8	pure
CY2016Q1	cop	Numberofwellschargedtodryholeexpense Numberofwellschargedtodryholeexpense	No
CY2016Q1	us-gaap	Short Term Investments ShortTermInvestments	307000000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5062000000	USD
CY2016Q1	cop	Increasedecreaseincapitalaccrual Increasedecreaseincapitalaccrual	-134000000	USD
CY2015Q1	cop	Increasedecreaseincapitalaccrual Increasedecreaseincapitalaccrual	-198000000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	4594000000	USD
CY2016Q1	cop	Impairmentchargesbysegmentbeforetaxtabletextblock Impairmentchargesbysegmentbeforetaxtabletextblock	<div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='6' rowspan='1' style='width:468.75pt;text-align:left;border-color:Black;min-width:468.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >Note 8—Impairments </font></td></tr><tr style='height:10.5pt;' ><td style='width:333.75pt;text-align:left;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='6' rowspan='1' style='width:468.75pt;text-align:left;border-color:Black;min-width:468.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >During the three-month periods of 2016 and 2015, we recognized the following before-tax impairment</font></td></tr><tr style='height:10.5pt;' ><td colspan='6' rowspan='1' style='width:468.75pt;text-align:left;border-color:Black;min-width:468.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >charges:</font></td></tr><tr style='height:10.5pt;' ><td style='width:333.75pt;text-align:left;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:333.75pt;text-align:center;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:127.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:127.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >Millions of Dollars</font></td></tr><tr style='height:10.5pt;' ><td colspan='1' rowspan='2' style='width:333.75pt;text-align:center;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='1' rowspan='2' style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:127.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:127.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' > Three Months Ended</font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:127.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:127.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >March 31</font></td></tr><tr style='height:10.5pt;' ><td style='width:333.75pt;text-align:left;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >2015</font></td></tr><tr style='height:10.5pt;' ><td style='width:333.75pt;text-align:left;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:333.75pt;text-align:left;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >Lower 48</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >$</font></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >9</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td style='width:333.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >Europe and North Africa</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >127</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >16</font></td></tr><tr style='height:10.5pt;' ><td style='width:333.75pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >$</font></td><td style='width:56.25pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >136</font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >16</font></td></tr></table></div>
CY2016Q1	us-gaap	Excess Of Replacement Or Current Costs Over Stated Lifo Value ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue	29000000	USD
CY2015Q4	us-gaap	Excess Of Replacement Or Current Costs Over Stated Lifo Value ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue	6000000	USD
CY2016Q1	us-gaap	Ratio Of Indebtedness To Net Capital1 RatioOfIndebtednessToNetCapital1	0.65	pure
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	52273000000	USD
CY2015Q4	us-gaap	Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	0.045	pure
CY2016Q1	us-gaap	Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	0.038	pure
CY2016Q1	cop	Net Purchases Sales Of Short Term Investments NetPurchasesSalesOfShortTermInvestments	302000000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	-1456000000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	286000000	USD
CY2016Q1	cop	Intercompany Revenues IntercompanyRevenues	0	USD
CY2015Q1	cop	Intercompany Revenues IntercompanyRevenues	0	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	-1469000000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	272000000	USD

Files In Submission

Name	View Source	Status
0001193125-16-574165-index-headers.html	Edgar Link	pending
0001193125-16-574165-index.html	Edgar Link	pending
0001193125-16-574165.txt	Edgar Link	pending
0001193125-16-574165-xbrl.zip	Edgar Link	pending
cop-20160331.xml	Edgar Link	completed
cop-20160331.xsd	Edgar Link	pending
cop-20160331_cal.xml	Edgar Link	unprocessable
cop-20160331_def.xml	Edgar Link	unprocessable
cop-20160331_lab.xml	Edgar Link	unprocessable
cop-20160331_pre.xml	Edgar Link	unprocessable
d141535d10q.htm	Edgar Link	pending
d141535dex101.htm	Edgar Link	pending
d141535dex102.htm	Edgar Link	pending
d141535dex103.htm	Edgar Link	pending
d141535dex104.htm	Edgar Link	pending
d141535dex105.htm	Edgar Link	pending
d141535dex12.htm	Edgar Link	pending
d141535dex311.htm	Edgar Link	pending
d141535dex312.htm	Edgar Link	pending
d141535dex32.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
g141535page033.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$COP
CONOCOPHILLIPS Stock $cop

2016 Q1 Form 10-Q Financial Statement

#000119312516574165 Filed on May 03, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$COP CONOCOPHILLIPS Stock $cop

2016 Q1 Form 10-Q Financial Statement

#000119312516574165 Filed on May 03, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$COP
CONOCOPHILLIPS Stock $cop