2017 Q1 Form 10-Q Financial Statement
#000119312517158717 Filed on May 04, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
Revenue | $7.518B | $5.121B |
YoY Change | 46.81% | -36.0% |
Cost Of Revenue | $4.452B | $3.578B |
YoY Change | 24.43% | -29.61% |
Gross Profit | $3.045B | $1.565B |
YoY Change | 94.57% | -41.58% |
Gross Profit Margin | 40.5% | 30.56% |
Selling, General & Admin | $388.0M | $366.0M |
YoY Change | 6.01% | 130.19% |
% of Gross Profit | 12.74% | 23.39% |
Research & Development | $551.0M | $505.0M |
YoY Change | 9.11% | 4.77% |
% of Gross Profit | 18.1% | 32.27% |
Depreciation & Amortization | $1.979B | $2.247B |
YoY Change | -11.93% | 5.44% |
% of Gross Profit | 64.99% | 143.58% |
Operating Expenses | $3.013B | $3.227B |
YoY Change | -6.63% | 1929.56% |
Operating Profit | $32.00M | -$1.662B |
YoY Change | -101.93% | -165.95% |
Interest Expense | -$111.0M | -$449.0M |
YoY Change | -75.28% | -1076.09% |
% of Operating Profit | -346.88% | |
Other Income/Expense, Net | $31.00M | |
YoY Change | ||
Pretax Income | -$794.0M | -$2.224B |
YoY Change | -64.3% | 524.72% |
Income Tax | -$831.0M | -$768.0M |
% Of Pretax Income | ||
Net Earnings | $586.0M | -$1.469B |
YoY Change | -139.89% | -640.07% |
Net Earnings / Revenue | 7.79% | -28.69% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $469.2K | -$1.180M |
COMMON SHARES | ||
Basic Shares Outstanding | 1.236B shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $3.361B | $5.173B |
YoY Change | -35.03% | 94.18% |
Cash & Equivalents | $3.109B | $4.866B |
Short-Term Investments | $252.0M | $307.0M |
Other Short-Term Assets | $2.911B | $735.0M |
YoY Change | 296.05% | -53.01% |
Inventory | $1.097B | $1.072B |
Prepaid Expenses | ||
Receivables | $3.359B | $3.954B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $10.73B | $10.93B |
YoY Change | -1.88% | 0.87% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $54.44B | $66.00B |
YoY Change | -17.52% | -11.08% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $21.15B | $21.17B |
YoY Change | -0.07% | -8.86% |
Other Assets | $1.130B | $1.094B |
YoY Change | 3.29% | 8.53% |
Total Long-Term Assets | $77.25B | $88.90B |
YoY Change | -13.11% | -10.38% |
TOTAL ASSETS | ||
Total Short-Term Assets | $10.73B | $10.93B |
Total Long-Term Assets | $77.25B | $88.90B |
Total Assets | $87.97B | $99.83B |
YoY Change | -11.88% | -9.28% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.494B | $4.088B |
YoY Change | -14.53% | -39.04% |
Accrued Expenses | $1.946B | $1.384B |
YoY Change | 40.61% | -174.61% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $1.095B | $2.079B |
YoY Change | -47.33% | 977.2% |
Total Short-Term Liabilities | $7.526B | $8.825B |
YoY Change | -14.72% | -7.72% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $25.34B | $27.38B |
YoY Change | -7.44% | 22.66% |
Other Long-Term Liabilities | $11.94B | $13.89B |
YoY Change | -14.08% | -8.05% |
Total Long-Term Liabilities | $37.28B | $41.27B |
YoY Change | -9.67% | 10.26% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $7.526B | $8.825B |
Total Long-Term Liabilities | $37.28B | $41.27B |
Total Liabilities | $52.37B | $60.43B |
YoY Change | -13.33% | -0.99% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $31.80B | $34.63B |
YoY Change | -8.17% | -21.05% |
Common Stock | $46.53B | $46.38B |
YoY Change | 0.31% | 0.5% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $37.02B | $36.78B |
YoY Change | 0.65% | 0.0% |
Treasury Stock Shares | 542.2M shares | |
Shareholders Equity | $35.35B | $39.09B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $87.97B | $99.83B |
YoY Change | -11.88% | -9.28% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $586.0M | -$1.469B |
YoY Change | -139.89% | -640.07% |
Depreciation, Depletion And Amortization | $1.979B | $2.247B |
YoY Change | -11.93% | 5.44% |
Cash From Operating Activities | $1.790B | $421.0M |
YoY Change | 325.18% | -79.64% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$966.0M | -$1.821B |
YoY Change | -46.95% | -45.35% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$129.0M | -$4.000M |
YoY Change | 3125.0% | -144.44% |
Cash From Investing Activities | -$974.0M | -$2.065B |
YoY Change | -52.83% | -37.69% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $158.0M | $42.00M |
YoY Change | 276.19% | -223.53% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$1.344B | $4.137B |
YoY Change | -132.49% | -505.99% |
NET CHANGE | ||
Cash From Operating Activities | $1.790B | $421.0M |
Cash From Investing Activities | -$974.0M | -$2.065B |
Cash From Financing Activities | -$1.344B | $4.137B |
Net Change In Cash | -$501.0M | $2.493B |
YoY Change | -120.1% | -210.07% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.790B | $421.0M |
Capital Expenditures | -$966.0M | -$1.821B |
Free Cash Flow | $2.756B | $2.242B |
YoY Change | 22.93% | -58.48% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
184000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
232000000 | 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 |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
13000000 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
831000000 | USD |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-368000000 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
13000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
|
-108000000 | USD |
CY2017Q1 | 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 |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
818000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
|
-7000000 | USD |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3109000000 | USD |
CY2017Q1 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
254000000 | USD |
CY2017Q1 | us-gaap |
Inventory Net
InventoryNet
|
1097000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1101000000 | 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 |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
50000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-454000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
135000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-9000000 | USD |
CY2017Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2911000000 | USD |
CY2017Q1 | us-gaap |
Assets Current
AssetsCurrent
|
10728000000 | USD |
CY2017Q1 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
522000000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
54440000000 | USD |
CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1130000000 | USD |
CY2017Q1 | us-gaap |
Assets
Assets
|
87973000000 | USD |
CY2017Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
37000000 | USD |
CY2017Q1 | us-gaap |
Debt Current
DebtCurrent
|
1095000000 | USD |
CY2017Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
756000000 | USD |
CY2017Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1679000000 | USD |
CY2017Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7526000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
25340000000 | USD |
CY2017Q1 | cop |
Asset Retirement Obligations And Accrued Environmental Cost
AssetRetirementObligationsAndAccruedEnvironmentalCost
|
7884000000 | USD |
CY2017Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
7568000000 | USD |
CY2017Q1 | us-gaap |
Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
|
1520000000 | USD |
CY2017Q1 | us-gaap |
Liabilities
Liabilities
|
52372000000 | USD |
CY2017Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
18000000 | USD |
CY2017Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
46510000000 | USD |
CY2017Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
37018000000 | USD |
CY2017Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5961000000 | USD |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
31804000000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35353000000 | USD |
CY2017Q1 | us-gaap |
Minority Interest
MinorityInterest
|
248000000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
35601000000 | USD |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
87973000000 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
517000000 | USD |
CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
8609000000 | USD |
CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
1018000000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
58331000000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3610000000 | USD |
CY2016Q4 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
165000000 | USD |
CY2016Q4 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
581000000 | USD |
CY2016Q4 | us-gaap |
Debt Current
DebtCurrent
|
1089000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1790000000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
966000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
35000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
57000000 | USD |
CY2017Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-129000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-974000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
-46000000 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
331000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-16000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-1344000000 | USD |
CY2017Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
27000000 | USD |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-501000000 | USD |
CY2016Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-4000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
53000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1821000000 | USD |
CY2016Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
313000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-549000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
4137000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
-42000000 | USD |
CY2016Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-126000000 | USD |
CY2016Q1 | us-gaap |
Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
|
360000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2065000000 | USD |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2498000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-61000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-38000000 | USD |
CY2016Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-827000000 | USD |
CY2016Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
64000000 | USD |
CY2017Q1 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
588000000 | USD |
CY2016Q4 | us-gaap |
Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
|
418000000 | USD |
CY2016Q4 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
600000000 | USD |
CY2017Q1 | us-gaap |
Lifo Inventory Amount
LIFOInventoryAmount
|
379000000 | USD |
CY2016Q4 | us-gaap |
Lifo Inventory Amount
LIFOInventoryAmount
|
269000000 | USD |
CY2017Q1 | us-gaap |
Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
|
834000000 | USD |
CY2016Q4 | us-gaap |
Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
|
1063000000 | USD |
CY2017Q1 | us-gaap |
Short Term Debt Terms
ShortTermDebtTerms
|
P90D | |
CY2016Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
16000000 | USD |
CY2017Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
17000000 | USD |
CY2017Q1 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
260000000 | USD |
CY2016Q4 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
247000000 | USD |
CY2017Q1 | cop |
Expected Years To Incur Majority Of Expenditures
ExpectedYearsToIncurMajorityOfExpenditures
|
P30Y | |
CY2017Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
266000000 | USD |
CY2017Q1 | us-gaap |
Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
|
16000000 | USD |
CY2017Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
59000000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
312000000 | USD |
CY2017Q1 | us-gaap |
Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
|
35000000 | USD |
CY2016Q4 | us-gaap |
Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
|
42000000 | USD |
CY2017Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
251000000 | USD |
CY2016Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
312000000 | USD |
CY2016Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
334000000 | USD |
CY2017Q1 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
237000000 | USD |
CY2017Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
251000000 | USD |
CY2017Q1 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
157000000 | USD |
CY2017Q1 | us-gaap |
Derivative Assets
DerivativeAssets
|
94000000 | USD |
CY2017Q1 | us-gaap |
Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
|
0 | USD |
CY2017Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
90000000 | USD |
CY2017Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
237000000 | USD |
CY2017Q1 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
157000000 | USD |
CY2017Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
80000000 | USD |
CY2016Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
221000000 | USD |
CY2016Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
91000000 | USD |
CY2016Q4 | us-gaap |
Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
|
0 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
86000000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
334000000 | USD |
CY2016Q4 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
221000000 | USD |
CY2016Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
113000000 | USD |
CY2016Q4 | us-gaap |
Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
|
12000000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
89000000 | USD |
CY2017Q1 | us-gaap |
Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
|
4000000 | USD |
CY2017Q1 | us-gaap |
Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
|
5000000 | USD |
CY2016Q4 | us-gaap |
Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
|
12000000 | USD |
CY2016Q4 | us-gaap |
Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
|
5000000 | USD |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
-547000000 | USD |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-5646000000 | USD |
CY2017Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
-499000000 | USD |
CY2017Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-5462000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
-63000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
-53000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
|
36000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
|
28000000 | USD |
CY2016Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
133000000 | USD |
CY2016Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
244000000 | USD |
CY2017Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
150000000 | USD |
CY2017Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
327000000 | USD |
CY2016Q4 | cop |
Other Common Stockholders Equity
OtherCommonStockholdersEquity
|
3426000000 | USD |
CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
5121000000 | USD |
CY2016Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
27000000 | USD |
CY2016Q1 | us-gaap |
Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
|
24000000 | USD |
CY2016Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
23000000 | USD |
CY2017Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
6 | pure |
CY2017Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
3359000000 | USD |
CY2017Q1 | cop |
Other Common Stockholders Equity
OtherCommonStockholdersEquity
|
3549000000 | USD |
CY2016Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
3414000000 | USD |
CY2017Q1 | cop |
Investments And Long Term Receivables Including Loans And Advances Related Parties
InvestmentsAndLongTermReceivablesIncludingLoansAndAdvancesRelatedParties
|
21675000000 | USD |
CY2016Q4 | cop |
Investments And Long Term Receivables Including Loans And Advances Related Parties
InvestmentsAndLongTermReceivablesIncludingLoansAndAdvancesRelatedParties
|
21672000000 | USD |
CY2016Q1 | us-gaap |
Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
|
16000000 | USD |
CY2017Q1 | us-gaap |
Short Term Debt Refinanced Amount
ShortTermDebtRefinancedAmount
|
0 | USD |
CY2017Q1 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
0 | USD |
CY2016Q4 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
0 | USD |
CY2017Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
29000000 | USD |
CY2017Q1 | us-gaap |
Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
|
23000000 | USD |
CY2017Q1 | us-gaap |
Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
|
12000000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
839000000 | USD |
CY2017Q1 | dei |
Trading Symbol
TradingSymbol
|
COP | |
CY2017Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1298000000 | USD |
CY2016Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1354000000 | USD |
CY2017Q1 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
3105000000 | USD |
CY2016Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
3249000000 | USD |
CY2017Q1 | us-gaap |
Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
|
21153000000 | USD |
CY2016Q4 | us-gaap |
Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
|
21091000000 | USD |
CY2017Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3494000000 | USD |
CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3631000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-79000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
416000000 | USD |
CY2017Q1 | cop |
Accountspayablecurrentandrelatedpartyaccountspayable
Accountspayablecurrentandrelatedpartyaccountspayable
|
3531000000 | USD |
CY2017Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
465000000 | USD |
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
689000000 | USD |
CY2017Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
2534000000 | USD |
CY2016Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
2552000000 | USD |
CY2016Q4 | cop |
Accountspayablecurrentandrelatedpartyaccountspayable
Accountspayablecurrentandrelatedpartyaccountspayable
|
3653000000 | USD |
CY2017Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2017Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2017Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | |
CY2017Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-03-31 | |
CY2017Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2017Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001163165 | |
CY2016Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
1110000000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
236000000 | USD |
CY2017Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
|
251000000 | USD |
CY2017Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
237000000 | USD |
CY2016Q4 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
|
312000000 | USD |
CY2016Q4 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
334000000 | USD |
CY2017Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
3.58 | pure |
CY2017Q1 | 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;' >20</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 Accounting Standards Update (ASU) No. 2014-09, “Revenue from Contracts with Customers” (ASU No. 2014-09), which outlines a single comprehensive model for entities to use in accounting for </font><font style='font-family:Times New Roman;font-size:10.5pt;' >revenue arising from contracts with customers. This ASU supersedes the revenue recognition requirements in FASB ASC Topic 605, “Revenue Recognition,” and most industry-specific guidance. This ASU sets forth a five-step model for determining when and how </font><font style='font-family:Times New Roman;font-size:10.5pt;' >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 the consideration it expects to receive in exchange for those goods or services. Add</font><font style='font-family:Times New Roman;font-size:10.5pt;' >itional 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 FASB issued ASU No. 2015-14, “Deferral of the Effective Date,” which defers the ef</font><font style='font-family:Times New Roman;font-size:10.5pt;' >fective 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 annual periods beginning after December 15, 2016. Entities may choose to adopt the st</font><font style='font-family:Times New Roman;font-size:10.5pt;' >andard 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, “Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” in Apri</font><font style='font-family:Times New Roman;font-size:10.5pt;' >l 2016 by the provisions of ASU No. 2016-10, “Identifying Performance Obligations and Licensing,” in May 2016 by the provisions of ASU No. 2016-12, “Narrow-Scope Improvements and Practical Expedients,” and in December 2016 by the provisions of ASU No. 2016</font><font style='font-family:Times New Roman;font-size:10.5pt;' >-20, “Technical Corrections and Improvements to Topic 606, Revenue From Contracts With Customers.” </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;' >We will adopt the provisions of ASU No. 2014-09, as amended, with effect from January 1, 2018, and have elected not to early adopt the standard. We intend</font><font style='font-family:Times New Roman;font-size:10.5pt;' > to adopt the new standard using the modified retrospective approach which we will apply only to contracts within the scope of the standard that are not complete at the date of initial application. Under this approach, we will apply the guidance retrospec</font><font style='font-family:Times New Roman;font-size:10.5pt;' >tively only to the most current period presented in the financial statements. We continue to assess the impact of adoption of the standard on our current accounting policies and revenue-related disclosures. The impact to our financial statements is expec</font><font style='font-family:Times New Roman;font-size:10.5pt;' >ted to be immaterial.</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 No. 2016-02), which establishes comprehensive accounting and financial reporting requirements for leasing arrangements. This ASU supersedes the existing requirements i</font><font style='font-family:Times New Roman;font-size:10.5pt;' >n 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 No. 2016-02 also modify the definition of a lease and outline requirements for recognition, </font><font style='font-family:Times New Roman;font-size:10.5pt;' >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 adoption of the standard is permitted. Entities are required </font><font style='font-family:Times New Roman;font-size:10.5pt;' >to adopt the ASU using a modified retrospective approach, subject to certain optional practical expedients, and apply the provisions of ASU No. 2016-02 to leasing arrangements existing at or entered into after the earliest comparative period presented in t</font><font style='font-family:Times New Roman;font-size:10.5pt;' >he financial statements. </font><font style='font-family:Times New Roman;font-size:10.5pt;' >While we continue to evaluate the ASU, we expect the adoption of the ASU to have a material impact on our consolidated financial statements and disclosures. </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 June 2016, the FASB issued ASU No. 2016-13, “Measurement of Credit</font><font style='font-family:Times New Roman;font-size:10.5pt;' > Losses on Financial Instruments” (ASU No. 2016-13), which sets forth the current expected credit loss model, a new forward-looking impairment model for certain financial instruments based on expected losses rather than incurred losses. The ASU is effecti</font><font style='font-family:Times New Roman;font-size:10.5pt;' >ve for interim and annual periods beginning after December 15, 2019, and early adoption of the standard is permitted. Entities are required to adopt ASU No. 2016-13 using a modified retrospective approach, subject to certain limited exceptions. We are cu</font><font style='font-family:Times New Roman;font-size:10.5pt;' >rrently evaluating the impact of the adoption of this ASU.</font></p><p style='text-align:left;line-height:12pt;' ></p></div> | |
CY2017Q1 | cop |
Increasedecreaseincapitalaccrual
Increasedecreaseincapitalaccrual
|
-26000000 | USD |
CY2016Q1 | cop |
Increasedecreaseincapitalaccrual
Increasedecreaseincapitalaccrual
|
-134000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | USD |
CY2017Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
112000000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
40082000000 | USD |
CY2017Q1 | cop |
Intercompany Revenues
IntercompanyRevenues
|
0 | 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 |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
4594000000 | USD |
CY2017Q1 | us-gaap |
Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
|
509000000 | USD |
CY2017Q1 | us-gaap |
Capitalized Exploratory Well Cost Period Increase Decrease
CapitalizedExploratoryWellCostPeriodIncreaseDecrease
|
-229000000 | USD |
CY2017Q1 | cop |
Impairmentchargesbysegmentbeforetaxtabletextblock
Impairmentchargesbysegmentbeforetaxtabletextblock
|
<div><table style='border-collapse:collapse;' ><tr style='height:11.1pt;' ><td colspan='6' rowspan='1' style='width:468.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:468.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >Note 7—Impairments </font></td></tr><tr style='height:11.1pt;' ><td style='width:333.75pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='6' rowspan='1' style='width:468.75pt;text-align:left;vertical-align:bottom;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 ended March 31, 2017 and 2016, we recognized before-tax impairment charges within the following segments:</font></td></tr><tr style='height:11.1pt;' ><td colspan='6' rowspan='1' style='width:468.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:468.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:333.75pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:333.75pt;text-align:center;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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:11.1pt;' ><td colspan='1' rowspan='2' style='width:333.75pt;text-align:center;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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:11.1pt;' ><td colspan='4' rowspan='1' style='width:127.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;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:11.1pt;' ><td style='width:333.75pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >2017</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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >2016</font></td></tr><tr style='height:11.1pt;' ><td style='width:333.75pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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:11.1pt;' ><td style='width:333.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:333.75pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >Alaska</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >174</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;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;vertical-align:bottom;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:11.1pt;' ><td style='width:333.75pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;text-align:right;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >9</font></td></tr><tr style='height:11.1pt;' ><td style='width:333.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >1</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >127</font></td></tr><tr style='height:11.1pt;' ><td style='width:333.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;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-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;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:double;border-bottom-width:3;text-align:left;vertical-align:bottom;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:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;font-weight:bold;color:#000000;' >175</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;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:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10.5pt;color:#000000;' >136</font></td></tr></table></div> | |
CY2016Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.35 | pure |
CY2017Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
252000000 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2368000000 | USD |
CY2017Q1 | us-gaap |
Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
|
121000000 | USD |
CY2016Q4 | us-gaap |
Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
|
104000000 | USD |
CY2017Q1 | us-gaap |
Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
|
0.65 | pure |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
599000000 | USD |
CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-1456000000 | USD |
CY2016Q1 | cop |
Intercompany Revenues
IntercompanyRevenues
|
0 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
586000000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1469000000 | USD |
CY2017Q1 | us-gaap |
Capitalized Exploratory Well Cost Charged To Expense1
CapitalizedExploratoryWellCostChargedToExpense1
|
17000000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
112000000 | USD |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2016Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
50000000 | USD |
CY2016Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
39407000000 | USD |
CY2016Q1 | cop |
Net Purchases Sales Of Short Term Investments
NetPurchasesSalesOfShortTermInvestments
|
302000000 | USD |
CY2016Q1 | us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
0 | USD |
CY2017Q1 | us-gaap |
Interest Income Related Party
InterestIncomeRelatedParty
|
3000000 | USD |
CY2016Q1 | us-gaap |
Interest Income Related Party
InterestIncomeRelatedParty
|
3000000 | USD |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4866000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
302000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
0 | USD |
CY2017Q1 | cop |
Intercompany Cash Management
IntercompanyCashManagement
|
0 | USD |
CY2017Q1 | us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
0 | USD |
CY2016Q1 | cop |
Intercompany Cash Management
IntercompanyCashManagement
|
0 | USD |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4866000000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
35226000000 | USD |
CY2017Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
331000000 | USD |
CY2016Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
313000000 | USD |
CY2016Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
0 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
184000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
1183000000 | USD |