$IMO
IMPERIAL OIL LTD

2014 Form 10-K Financial Statement

#000119312515062525 Filed on February 25, 2015

View on sec.gov

Income Statement

Concept 2014 2013 Q4 2013
Revenue $36.44B $8.363B $32.81B
YoY Change 11.07% 7.16% 652.85%
Cost Of Revenue $28.14B $6.009B $25.44B
YoY Change 10.6% 1.76% 10.94%
Gross Profit $8.299B $2.354B $7.366B
YoY Change 12.67% 23.96% -10.77%
Gross Profit Margin 22.77% 28.15% 22.45%
Selling, General & Admin $1.075B $667.0M $1.082B
YoY Change -0.65% 157.53% 0.09%
% of Gross Profit 12.95% 28.33% 14.69%
Research & Development $128.0M $49.00M $154.0M
YoY Change -16.88% 206.25% 4.76%
% of Gross Profit 1.54% 2.08% 2.09%
Depreciation & Amortization $1.096B $250.0M $1.110B
YoY Change -1.26% 19.05% 45.86%
% of Gross Profit 13.21% 10.62% 15.07%
Operating Expenses $1.203B $976.0M $1.236B
YoY Change -2.67% 101.24% 0.65%
Operating Profit $7.096B $1.378B $6.130B
YoY Change 15.76% -2.55% -12.77%
Interest Expense $4.000M -$10.00M $11.00M
YoY Change -63.64% -1200.0%
% of Operating Profit 0.06% -0.73% 0.18%
Other Income/Expense, Net -$4.000M
YoY Change
Pretax Income $5.021B $1.368B $3.737B
YoY Change 34.36% -3.25% -25.16%
Income Tax $1.236B $322.0M $909.0M
% Of Pretax Income 24.62% 23.54% 24.32%
Net Earnings $3.785B $1.046B $2.828B
YoY Change 33.84% -2.79% -24.91%
Net Earnings / Revenue 10.39% 12.51% 8.62%
Basic Earnings Per Share $4.47 $3.34
Diluted Earnings Per Share $4.45 $1.231M $3.32
COMMON SHARES
Basic Shares Outstanding 847.6M shares 847.6M shares
Diluted Shares Outstanding 850.6M shares 850.6M shares

Balance Sheet

Concept 2014 2013 Q4 2013
SHORT-TERM ASSETS
Cash & Short-Term Investments $215.0M $272.0M $272.0M
YoY Change -20.96% -43.57% -43.57%
Cash & Equivalents $272.0M
Short-Term Investments
Other Short-Term Assets $694.0M $901.0M $901.0M
YoY Change -22.97% 11.65% 11.65%
Inventory $1.121B $1.030B $1.030B
Prepaid Expenses
Receivables $1.539B $2.084B $2.084B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.569B $4.287B $4.287B
YoY Change -16.75% 4.77% 4.77%
LONG-TERM ASSETS
Property, Plant & Equipment $35.57B $31.32B $31.32B
YoY Change 13.58% 30.93% 30.93%
Goodwill $224.0M
YoY Change 9.8%
Intangibles
YoY Change
Long-Term Investments $1.406B $1.332B $1.332B
YoY Change 5.56% 22.2% 22.2%
Other Assets $57.00M $55.00M $55.00M
YoY Change 3.64% -1.79% -1.79%
Total Long-Term Assets $37.26B $32.93B $32.93B
YoY Change 13.15% 30.31% 30.31%
TOTAL ASSETS
Total Short-Term Assets $3.569B $4.287B $4.287B
Total Long-Term Assets $37.26B $32.93B $32.93B
Total Assets $40.83B $37.22B $37.22B
YoY Change 9.7% 26.75% 26.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.561B $170.0M $4.138B
YoY Change -13.94% 1788.89% 45877.78%
Accrued Expenses $408.0M $380.0M $380.0M
YoY Change 7.37%
Deferred Revenue
YoY Change
Short-Term Debt $1.956B $0.00 $1.836B
YoY Change 6.54% 288.98%
Long-Term Debt Due $22.00M $1.843B $7.000M
YoY Change 214.29% 290.47% -99.83%
Total Short-Term Liabilities $5.981B $7.088B $7.088B
YoY Change -15.62% 20.03% 20.03%
LONG-TERM LIABILITIES
Long-Term Debt $4.913B $4.316B $4.444B
YoY Change 10.55% 315.0% 278.21%
Other Long-Term Liabilities $3.565B $3.091B $3.091B
YoY Change 15.33% -22.4% -22.4%
Total Long-Term Liabilities $8.478B $7.407B $7.535B
YoY Change 12.51% 47.46% 46.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.981B $7.088B $7.088B
Total Long-Term Liabilities $8.478B $7.407B $7.535B
Total Liabilities $18.30B $17.69B $17.69B
YoY Change 3.42% 36.24% 36.24%
SHAREHOLDERS EQUITY
Retained Earnings $19.68B
YoY Change 13.98%
Common Stock $1.566B
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $22.53B $19.52B $19.52B
YoY Change
Total Liabilities & Shareholders Equity $40.83B $37.22B $37.22B
YoY Change 9.7% 26.75% 26.75%

Cashflow Statement

Concept 2014 2013 Q4 2013
OPERATING ACTIVITIES
Net Income $3.785B $1.046B $2.828B
YoY Change 33.84% -2.79% -24.91%
Depreciation, Depletion And Amortization $1.096B $250.0M $1.110B
YoY Change -1.26% 19.05% 45.86%
Cash From Operating Activities $4.405B $1.659B $3.292B
YoY Change 33.81% 0.73% -29.66%
INVESTING ACTIVITIES
Capital Expenditures -$5.290B -$1.526B -$6.297B
YoY Change -15.99% -7.79% 14.95%
Acquisitions $1.602B
YoY Change
Other Investing Activities $728.0M $92.00M -$1.438B
YoY Change -150.63% 300.0% -699.17%
Cash From Investing Activities -$4.562B -$1.434B -$7.735B
YoY Change -41.02% -12.13% 47.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 100.0M -29.00M 4.233B
YoY Change -97.64% 1350.0% -2712.96%
NET CHANGE
Cash From Operating Activities 4.405B 1.659B 3.292B
Cash From Investing Activities -4.562B -1.434B -7.735B
Cash From Financing Activities 100.0M -29.00M 4.233B
Net Change In Cash -57.00M 196.0M -210.0M
YoY Change -72.86% 1407.69% -70.83%
FREE CASH FLOW
Cash From Operating Activities $4.405B $1.659B $3.292B
Capital Expenditures -$5.290B -$1.526B -$6.297B
Free Cash Flow $9.695B $3.185B $9.589B
YoY Change 1.11% -3.54% -5.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q1 imo Inflation Rate For Property Plant And Equipment Fair Value Measurement
InflationRateForPropertyPlantAndEquipmentFairValueMeasurement
0.02 pure
CY2015Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
847599011 shares
CY2014Q2 dei Entity Public Float
EntityPublicFloat
11729170628
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
847599000 shares
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
1528000000
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2238000000
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
134000000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1202000000
CY2011Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
163000000
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
847599000 shares
CY2012Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
1 Project
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19524000000
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
CY2013Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
140000000
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15845000000
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
7088000000
CY2013Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2949000000
CY2013Q4 us-gaap Debt Current
DebtCurrent
1843000000
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16377000000
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14843000000
CY2012Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2434000000
CY2012Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
39000000
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
1566000000
CY2012Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
966000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2455000000
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1924000000
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
143000000
CY2012Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Interest
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInterest
53000000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
482000000
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23922000000
CY2012Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
49000000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
717000000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
284000000
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
38765000000
CY2012Q4 us-gaap Assets
Assets
29364000000
CY2012Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
167000000
CY2012Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
16000000
CY2012Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
478000000
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-1397000000
CY2012Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
527000000
CY2012Q4 imo Projects That Have Exploratory Well Costs That Have Been Capitalized
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized
1 Project
CY2012Q4 imo Deferred Tax Liabilities Deferred Expense Capitalized Successful Drilling And Land Acquisition
DeferredTaxLiabilitiesDeferredExpenseCapitalizedSuccessfulDrillingAndLandAcquisition
399000000
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
847599000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1100000000 shares
CY2013Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
1 Project
CY2013Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.011 pure
CY2013Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
128000000
CY2013Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
727000000
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4444000000
CY2013Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
-99000000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
1566000000
CY2013Q4 imo Deferred Tax Liabilities Deferred Expense Capitalized Successful Drilling And Land Acquisition
DeferredTaxLiabilitiesDeferredExpenseCapitalizedSuccessfulDrillingAndLandAcquisition
815000000
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
847599000 shares
CY2013Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Interest
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInterest
69000000
CY2013Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
7000000
CY2013Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
380000000
CY2013Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1448000000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
272000000
CY2013Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
9234000000
CY2013Q4 us-gaap Goodwill
Goodwill
224000000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
31320000000
CY2013Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
173000000
CY2013Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
6000000
CY2013Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
450000000
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-2512000000
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
559000000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1237000000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1721000000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
19679000000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3071000000
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4518000000
CY2013Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
53000000
CY2013Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
245000000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3091000000
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4316000000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
37218000000
CY2013Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
75000000
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
151000000
CY2013Q4 us-gaap Liabilities
Liabilities
17694000000
CY2013Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
2084000000
CY2013Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
5872000000
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
109000000
CY2013Q4 us-gaap Energy Related Inventory Chemicals
EnergyRelatedInventoryChemicals
54000000
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
55000000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
376000000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
287000000
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
47165000000
CY2013Q4 us-gaap Related Party Transaction Due From To Related Party Current
RelatedPartyTransactionDueFromToRelatedPartyCurrent
-170000000
CY2013Q4 us-gaap Assets
Assets
37218000000
CY2013Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
1787000000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
4287000000
CY2013Q4 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
628000000
CY2013Q4 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
1030000000
CY2013Q4 us-gaap Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
1332000000
CY2013Q4 imo Materials Supplies And Prepaid Expenses
MaterialsSuppliesAndPrepaidExpenses
342000000
CY2013Q4 imo Petroleum Products Inventory
PetroleumProductsInventory
340000000
CY2013Q4 imo Asset Retirement Obligation And Other Environmental Liabilities Noncurrent
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesNoncurrent
1258000000
CY2013Q4 imo Natural Gas And Other Products Inventory
NaturalGasAndOtherProductsInventory
8000000
CY2013Q4 imo Projects That Have Exploratory Well Costs That Have Been Capitalized
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized
1 Project
CY2013Q4 imo Asset Retirement Obligation And Other Environmental Liabilities Current
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesCurrent
154000000
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1100000000 shares
CY2014Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
1000000 shares
CY2014Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
1 Project
CY2014Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.011 pure
CY2014Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.012 pure
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
85000000
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
22530000000
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
CY2014Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
154000000
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
19000000
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
19000000
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15337000000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
28000000
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5981000000
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3777000000
CY2014Q4 us-gaap Debt Current
DebtCurrent
1978000000
CY2014Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
167000000
CY2014Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
34000000
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
681000000
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4913000000
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
-103000000
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
1566000000
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
19000000
CY2014Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1292000000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2059000000
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
100000000
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
23023000000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
39000000
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3841000000
CY2014Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3969000000
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
99000000
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
58000000
CY2014Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
347000000
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3565000000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
494000000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
30000000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
93000000
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4746000000
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
40830000000
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
88000000
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
84000000
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
225000000
CY2014Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
75000000
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
151000000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
126000000
CY2014Q4 us-gaap Liabilities
Liabilities
18300000000
CY2014Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Interest
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInterest
82000000
CY2014Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
22000000
CY2014Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
408000000
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1739000000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
178000000
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
19000000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
215000000
CY2014Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
12535000000
CY2014Q4 us-gaap Goodwill
Goodwill
224000000
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
35574000000
CY2014Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
1539000000
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Imputed Interest
UnrecordedUnconditionalPurchaseObligationImputedInterest
125000000
CY2014Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
6807000000
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
113000000
CY2014Q4 us-gaap Energy Related Inventory Chemicals
EnergyRelatedInventoryChemicals
53000000
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
57000000
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
438000000
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
304000000
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
50911000000
CY2014Q4 us-gaap Related Party Transaction Due From To Related Party Current
RelatedPartyTransactionDueFromToRelatedPartyCurrent
-174000000
CY2014Q4 us-gaap Assets
Assets
40830000000
CY2014Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
167000000
CY2014Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
201000000
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-3527000000
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
314000000
CY2014Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
857000000
CY2014Q4 us-gaap Assets Current
AssetsCurrent
3569000000
CY2014Q4 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
650000000
CY2014Q4 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
1121000000
CY2014Q4 us-gaap Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
1406000000
CY2014Q4 imo Materials Supplies And Prepaid Expenses
MaterialsSuppliesAndPrepaidExpenses
380000000
CY2014Q4 imo Petroleum Products Inventory
PetroleumProductsInventory
409000000
CY2014Q4 imo Majority Interest Ownership Percentage
MajorityInterestOwnershipPercentage
0.696 pure
CY2014Q4 imo Asset Retirement Obligation And Other Environmental Liabilities Noncurrent
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesNoncurrent
1325000000
CY2014Q4 imo Natural Gas And Other Products Inventory
NaturalGasAndOtherProductsInventory
9000000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.00 pure
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3292000000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.243 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.011 pure
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
850600000 shares
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.34
CY2013 us-gaap Other Income
OtherIncome
207000000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3562000000
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
529000000
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.49
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.254 pure
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
847600000 shares
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2000000
CY2013 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
205000000
CY2013 us-gaap Pension Contributions
PensionContributions
600000000
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1602000000
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
407000000
CY2013 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
378000000
CY2014Q4 imo Projects That Have Exploratory Well Costs That Have Been Capitalized
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized
1 Project
CY2014Q4 imo Present Value Unconditional Purchase Obligation Excluding Imputed Interest
PresentValueUnconditionalPurchaseObligationExcludingImputedInterest
556000000
CY2014Q4 imo Asset Retirement Obligation And Other Environmental Liabilities Current
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesCurrent
143000000
CY2014Q4 imo Deferred Tax Liabilities Deferred Expense Capitalized Successful Drilling And Land Acquisition
DeferredTaxLiabilitiesDeferredExpenseCapitalizedSuccessfulDrillingAndLandAcquisition
827000000
CY2014Q4 imo Normal Course Issuer Bid Share Repurchase Programs
NormalCourseIssuerBidShareRepurchasePrograms
19 pure
CY2014Q4 imo Maximumlongtermborrowingfromaffiliate
Maximumlongtermborrowingfromaffiliate
6250000000
CY2013Q1 us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.10 pure
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.32
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2013 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
251000000
CY2013 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
7000000
CY2013 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
6297000000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
734000000
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
33000000
CY2013 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
24000000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3737000000
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
10000000
CY2013 us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
6000000
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-256000000
CY2013 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
150000000
CY2013 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2385000000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
2828000000
CY2013 us-gaap Interest Paid
InterestPaid
69000000
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
74000000
CY2013 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
69000000
CY2013 us-gaap Capitalized Exploratory Well Cost Charged To Expense
CapitalizedExploratoryWellCostChargedToExpense
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
92000000
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
185000000
CY2013 us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
4000000
CY2013 us-gaap Interest Expense Other
InterestExpenseOther
11000000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
4233000000
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
287000000
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-990000000
CY2013 us-gaap Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
88000000
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
191000000
CY2013 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
245000000
CY2013 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
71000000
CY2013 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
85000000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
484000000
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1110000000
CY2013 us-gaap Exploration Expense
ExplorationExpense
123000000
CY2013 us-gaap Interest Expense
InterestExpense
11000000
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
154000000
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1082000000
CY2013 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
95000000
CY2013 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
105000000
CY2013 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-457000000
CY2013 us-gaap Interest Expense Debt
InterestExpenseDebt
CY2013 us-gaap Restructuring Charges
RestructuringCharges
377000000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-210000000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
909000000
CY2013 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
1371000000
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
160000000
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
37000000
CY2013 us-gaap Interest And Debt Expense
InterestAndDebtExpense
69000000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7735000000
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-734000000
CY2013 us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
12000000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
425000000
CY2013 us-gaap Costs And Expenses
CostsAndExpenses
29192000000
CY2013 us-gaap Other Restructuring Costs
OtherRestructuringCosts
132000000
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3276000000
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4000000
CY2013 imo Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
5288000000
CY2013 imo Total Revenues And Other Income
TotalRevenuesAndOtherIncome
32929000000
CY2013 imo Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
280000000
CY2013 imo Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
120000000
CY2013 imo Book Value Of Assets Sold
BookValueOfAssetsSold
10000000
CY2013 imo Crude Oil And Product Purchases
CrudeOilAndProductPurchases
20155000000
CY2013 imo Number Of Projects With Capitalized Wells Drilled In Preceding Twelve Months
NumberOfProjectsWithCapitalizedWellsDrilledInPrecedingTwelveMonths
Project
CY2013 imo Cash Outflow From Income Taxes Plus Investment Tax Credit
CashOutflowFromIncomeTaxesPlusInvestmentTaxCredit
911000000
CY2013 imo Federal Excise Tax
FederalExciseTax
1423000000
CY2013 imo Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
8020000000
CY2013 imo Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
32722000000
CY2013 imo Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
4104000000
CY2013 imo Capitalizedleaseobligationaverageimputedrate
Capitalizedleaseobligationaverageimputedrate
0.070 pure
CY2013 imo Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
319000000
CY2013 imo Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
482000000
CY2013 imo Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
260000000
CY2014 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0625 pure
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.45
CY2014 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P12M
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Registrant Name
EntityRegistrantName
IMPERIAL OIL LTD
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014 dei Trading Symbol
TradingSymbol
IMO
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2014 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2000 shares
CY2014 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.00 pure
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
4405000000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.246 pure
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-12-31
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.009 pure
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
850600000 shares
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.47
CY2014 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0000049938
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
CY2014 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.0450 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.255 pure
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5290000000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-338000000
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
31000000
CY2014 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
29000000
CY2014 us-gaap Payments For Removal Costs
PaymentsForRemovalCosts
90000000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5021000000
CY2014 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
81000000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1130000000
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2000 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
847600000 shares
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
145000000
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
77000000
CY2014 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
184000000
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
9000000
CY2014 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
123000000
CY2014 us-gaap Pension Contributions
PensionContributions
362000000
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
441000000
CY2014 us-gaap Other Income
OtherIncome
735000000
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3447000000
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-483000000
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
3000000
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
70000000
CY2014 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-153000000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4000000
CY2014 us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
11000000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
118000000
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
696000000
CY2014 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
3752000000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
3785000000
CY2014 us-gaap Interest Paid
InterestPaid
82000000
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-545000000
CY2014 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
82000000
CY2014 us-gaap Capitalized Exploratory Well Cost Charged To Expense
CapitalizedExploratoryWellCostChargedToExpense
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
90000000
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1096000000
CY2014 us-gaap Exploration Expense
ExplorationExpense
67000000
CY2014 us-gaap Interest Expense
InterestExpense
4000000
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
128000000
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1075000000
CY2014 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
112000000
CY2014 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
105000000
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-693000000
CY2014 us-gaap Interest Expense Debt
InterestExpenseDebt
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-57000000
CY2014 us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear
225000000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1236000000
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-169000000
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
55000000
CY2014 us-gaap Interest Expense Other
InterestExpenseOther
4000000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
100000000
CY2014 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
120000000
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
851000000
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
40000000
CY2014 us-gaap Interest And Debt Expense
InterestAndDebtExpense
82000000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4562000000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
338000000
CY2014 us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
5000000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
106000000
CY2014 us-gaap Costs And Expenses
CostsAndExpenses
31945000000
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
4000000
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
315000000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
456000000
CY2014 us-gaap Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
94000000
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-549000000
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
51000000
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
430000000
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4000000
CY2014 imo Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
5662000000
CY2014 imo Defined Benefit Plan Target Allocation To Private Equity Venture Capital
DefinedBenefitPlanTargetAllocationToPrivateEquityVentureCapital
0.05 pure
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Decrease In Rate Of Return On Plan Assets On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInRateOfReturnOnPlanAssetsOnNetBenefitCost
60000000
CY2014 imo Total Revenues And Other Income
TotalRevenuesAndOtherIncome
36966000000
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Increase In Discount Rate On Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInDiscountRateOnBenefitObligation
1100000000
CY2014 imo Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
526000000
CY2014 imo Book Value Of Assets Sold
BookValueOfAssetsSold
155000000
CY2014 imo Crude Oil And Product Purchases
CrudeOilAndProductPurchases
22479000000
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Decrease In Rate Of Pay Increases On Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInRateOfPayIncreasesOnBenefitObligation
170000000
CY2014 imo Number Of Projects With Capitalized Wells Drilled In Preceding Twelve Months
NumberOfProjectsWithCapitalizedWellsDrilledInPrecedingTwelveMonths
Project
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Increase In Rate Of Pay Increases On Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInRateOfPayIncreasesOnBenefitObligation
190000000
CY2014 imo Cash Outflow From Income Taxes Plus Investment Tax Credit
CashOutflowFromIncomeTaxesPlusInvestmentTaxCredit
811000000
CY2014 imo Cancelationperiodlongtermborrowingfromaffiliate
Cancelationperiodlongtermborrowingfromaffiliate
P370D
CY2014 imo Federal Excise Tax
FederalExciseTax
1562000000
CY2014 imo Amortization Of Computer Software Development Costs In Years
AmortizationOfComputerSoftwareDevelopmentCostsInYears
P15Y
CY2014 imo Estimated Service Life Other Major Assets
EstimatedServiceLifeOtherMajorAssets
P20Y
CY2014 imo Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
5654000000
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Increase In Discount Rate On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInDiscountRateOnNetBenefitCost
70000000
CY2014 imo Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
36231000000
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Decrease In Discount Rate On Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInDiscountRateOnBenefitObligation
1400000000
CY2014 imo Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
3950000000
CY2014 imo Estimated Service Life Of Asset Refineries
EstimatedServiceLifeOfAssetRefineries
P25Y
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Increase In Rate Of Return On Plan Assets On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInRateOfReturnOnPlanAssetsOnNetBenefitCost
60000000
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Decrease In Rate Of Pay Increases On Plan Assets On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInRateOfPayIncreasesOnPlanAssetsOnNetBenefitCost
30000000
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Increase In Rate Of Pay Increases On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInRateOfPayIncreasesOnNetBenefitCost
35000000
CY2014 imo Defined Benefit Plan Effect Of One Percentage Point Decrease In Discount Rate On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInDiscountRateOnNetBenefitCost
90000000
CY2014 imo Capitalizedleaseobligationaverageimputedrate
Capitalizedleaseobligationaverageimputedrate
0.070 pure
CY2014 imo Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
366000000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4000000
CY2014 imo Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
1123000000
CY2014 imo Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
129000000
imo Actual Rate Of Return
ActualRateOfReturn
0.0690 pure
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.42
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3400000 shares
CY2012 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2776000 shares
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.00 pure
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
4680000000
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.246 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.009 pure
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
851100000 shares
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.44
CY2012 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.255 pure
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2776000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
847700000 shares
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
10000000
CY2012 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
198000000
CY2012 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
415000000
CY2012 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
4000000
CY2012 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5478000000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-217000000
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
20000000
CY2012 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
45000000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4993000000
CY2012 us-gaap Pension Contributions
PensionContributions
594000000
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
398000000
CY2012 us-gaap Other Income
OtherIncome
135000000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3549000000
CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-415000000
CY2012 us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
12000000
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
128000000
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
87000000
CY2012 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
94000000
CY2012 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2907000000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
3766000000
CY2012 us-gaap Interest Paid
InterestPaid
20000000
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-300000000
CY2012 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
20000000
CY2012 us-gaap Capitalized Exploratory Well Cost Charged To Expense
CapitalizedExploratoryWellCostChargedToExpense
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
58000000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
634000000
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
761000000
CY2012 us-gaap Exploration Expense
ExplorationExpense
83000000
CY2012 us-gaap Interest Expense
InterestExpense
-1000000
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
147000000
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1081000000
CY2012 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
86000000
CY2012 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-84000000
CY2012 us-gaap Interest Expense Debt
InterestExpenseDebt
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-720000000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1227000000
CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-155000000
CY2012 us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
14000000
CY2012 us-gaap Interest Expense Other
InterestExpenseOther
-1000000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-162000000
CY2012 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
105000000
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
226000000
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
36000000
CY2012 us-gaap Interest And Debt Expense
InterestAndDebtExpense
20000000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-5238000000
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
217000000
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
43000000
CY2012 us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
16000000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
593000000
CY2012 us-gaap Costs And Expenses
CostsAndExpenses
26195000000
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
271000000
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
304000000
CY2012 us-gaap Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
97000000
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-67000000
CY2012 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
68000000
CY2012 imo Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
72000000
CY2012 imo Book Value Of Assets Sold
BookValueOfAssetsSold
132000000
CY2012 imo Crude Oil And Product Purchases
CrudeOilAndProductPurchases
18476000000
CY2012 imo Number Of Projects With Capitalized Wells Drilled In Preceding Twelve Months
NumberOfProjectsWithCapitalizedWellsDrilledInPrecedingTwelveMonths
Project
CY2012 imo Cash Outflow From Income Taxes Plus Investment Tax Credit
CashOutflowFromIncomeTaxesPlusInvestmentTaxCredit
871000000
CY2012 imo Federal Excise Tax
FederalExciseTax
1338000000
CY2012 imo Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
5683000000
CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
220000000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3000000
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000
CY2012 imo Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
4457000000
CY2012 imo Total Revenues And Other Income
TotalRevenuesAndOtherIncome
31188000000
CY2012 imo Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
31053000000
CY2012 imo Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
3033000000
CY2012 imo Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
241000000
CY2012 imo Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
619000000
CY2012 imo Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
106000000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
906543000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
15708000000
imo Actual Rate Of Return
ActualRateOfReturn
0.0880 pure

Files In Submission

Name View Source Status
0001193125-15-062525-index-headers.html Edgar Link pending
0001193125-15-062525-index.html Edgar Link pending
0001193125-15-062525.txt Edgar Link pending
0001193125-15-062525-xbrl.zip Edgar Link pending
d834284d10k.htm Edgar Link pending
d834284dex23iia.htm Edgar Link pending
d834284dex311.htm Edgar Link pending
d834284dex312.htm Edgar Link pending
d834284dex321.htm Edgar Link pending
d834284dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g834284dsp-091.jpg Edgar Link pending
g834284dsp_085.jpg Edgar Link pending
g834284dsp_086.jpg Edgar Link pending
g834284dsp_087.jpg Edgar Link pending
g834284dsp_088.jpg Edgar Link pending
g834284dsp_089.jpg Edgar Link pending
g834284dsp_090.jpg Edgar Link pending
g834284dsp_093.jpg Edgar Link pending
g834284dsp_106.jpg Edgar Link pending
g834284dsp_113a.jpg Edgar Link pending
g834284dsp_113b.jpg Edgar Link pending
g834284dsp_113c.jpg Edgar Link pending
g834284dsp_113d.jpg Edgar Link pending
g834284dsp_113e.jpg Edgar Link pending
g834284dsp_114a.jpg Edgar Link pending
g834284dsp_114b.jpg Edgar Link pending
g834284dsp_114c.jpg Edgar Link pending
g834284dsp_114d.jpg Edgar Link pending
g834284dsp_121.jpg Edgar Link pending
g834284dsp_130.jpg Edgar Link pending
imo-20141231.xml Edgar Link completed
imo-20141231.xsd Edgar Link pending
imo-20141231_cal.xml Edgar Link unprocessable
imo-20141231_def.xml Edgar Link unprocessable
imo-20141231_lab.xml Edgar Link unprocessable
imo-20141231_pre.xml Edgar Link unprocessable
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
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending