$IMO
IMPERIAL OIL LTD

2017 Q2 Form 10-Q Financial Statement

#000119312517245463 Filed on August 02, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2 2016 Q1
Revenue $7.005B $6.238B $5.198B
YoY Change 12.3% -14.7% -16.34%
Cost Of Revenue $6.167B $5.351B $4.257B
YoY Change 15.25% -5.96% -8.73%
Gross Profit $838.0M $887.0M $941.0M
YoY Change -5.52% -45.35% -39.25%
Gross Profit Margin 11.96% 14.22% 18.1%
Selling, General & Admin $622.0M $267.0M $270.0M
YoY Change 132.96% -1.84% 2.27%
% of Gross Profit 74.22% 30.1% 28.69%
Research & Development $0.00 $42.00M $17.00M
YoY Change -100.0% 162.5% 0.0%
% of Gross Profit 0.0% 4.74% 1.81%
Depreciation & Amortization $352.0M $407.0M $424.0M
YoY Change -13.51% 21.49% 33.75%
% of Gross Profit 42.0% 45.89% 45.06%
Operating Expenses $974.0M $267.0M $270.0M
YoY Change 264.79% -1.84% 2.27%
Operating Profit -$136.0M $620.0M $671.0M
YoY Change -121.94% -54.11% -47.78%
Interest Expense -$17.00M -$19.00M -$18.00M
YoY Change -10.53% -480.0% -700.0%
% of Operating Profit -3.06% -2.68%
Other Income/Expense, Net $0.00 $1.000M $3.000M
YoY Change -100.0% -200.0%
Pretax Income -$125.0M -$252.0M -$149.0M
YoY Change -50.4% -142.28% -126.56%
Income Tax -$48.00M -$71.00M -$48.00M
% Of Pretax Income
Net Earnings -$77.00M -$181.0M -$101.0M
YoY Change -57.46% -250.83% -123.99%
Net Earnings / Revenue -1.1% -2.9% -1.94%
Basic Earnings Per Share -$0.09 -$0.21 -$0.12
Diluted Earnings Per Share -$0.09 -$0.21 -$0.12
COMMON SHARES
Basic Shares Outstanding 847.0M shares 847.6M shares 847.6M shares
Diluted Shares Outstanding 849.9M shares 850.6M shares 850.4M shares

Balance Sheet

Concept 2017 Q2 2016 Q2 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $623.0M $195.0M $155.0M
YoY Change 219.49% 596.43% 158.33%
Cash & Equivalents $623.0M $195.0M $155.0M
Short-Term Investments
Other Short-Term Assets $490.0M $890.0M $826.0M
YoY Change -44.94% -5.52% 12.69%
Inventory $1.044B $919.0M $1.073B
Prepaid Expenses
Receivables $1.599B $1.977B $1.639B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.756B $3.981B $3.693B
YoY Change -5.65% -4.62% 2.73%
LONG-TERM ASSETS
Property, Plant & Equipment $35.85B $36.97B $37.08B
YoY Change -3.03% 0.34% 2.26%
Goodwill $186.0M $186.0M $186.0M
YoY Change 0.0% -16.96% -16.96%
Intangibles
YoY Change
Long-Term Investments $907.0M $1.309B $1.420B
YoY Change -30.71% -14.39% -3.2%
Other Assets $410.0M $802.0M $805.0M
YoY Change -48.88% 1133.85% 1219.67%
Total Long-Term Assets $37.35B $39.26B $39.49B
YoY Change -4.87% 1.56% 3.89%
TOTAL ASSETS
Total Short-Term Assets $3.756B $3.981B $3.693B
Total Long-Term Assets $37.35B $39.26B $39.49B
Total Assets $41.11B $43.24B $43.19B
YoY Change -4.95% 0.96% 3.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.962B $3.179B $2.832B
YoY Change -6.83% -11.84% -20.96%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $203.0M $1.862B $1.843B
YoY Change -89.1%
Total Short-Term Liabilities $3.205B $5.506B $5.118B
YoY Change -41.79% -7.43% -10.82%
LONG-TERM LIABILITIES
Long-Term Debt $4.447B $6.447B $6.447B
YoY Change -31.02% 10.17% 18.01%
Other Long-Term Liabilities $3.678B $3.455B $3.475B
YoY Change 6.45% -13.04% -8.17%
Total Long-Term Liabilities $8.125B $9.902B $9.922B
YoY Change -17.95% 0.78% 7.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.205B $5.506B $5.118B
Total Long-Term Liabilities $8.125B $9.902B $9.922B
Total Liabilities $16.11B $20.17B $19.84B
YoY Change -20.16% 0.48% 4.96%
SHAREHOLDERS EQUITY
Retained Earnings $25.22B $23.16B $23.47B
YoY Change 8.91% -0.79% 0.57%
Common Stock $1.560B $1.566B $1.566B
YoY Change -0.38% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $25.00B $23.07B $23.35B
YoY Change
Total Liabilities & Shareholders Equity $41.11B $43.24B $43.19B
YoY Change -4.95% 0.96% 3.79%

Cashflow Statement

Concept 2017 Q2 2016 Q2 2016 Q1
OPERATING ACTIVITIES
Net Income -$77.00M -$181.0M -$101.0M
YoY Change -57.46% -250.83% -123.99%
Depreciation, Depletion And Amortization $352.0M $407.0M $424.0M
YoY Change -13.51% 21.49% 33.75%
Cash From Operating Activities $492.0M $443.0M $49.00M
YoY Change 11.06% 17.51% -82.56%
INVESTING ACTIVITIES
Capital Expenditures -$320.0M -$313.0M -$391.0M
YoY Change 2.24% -59.51% -61.33%
Acquisitions
YoY Change
Other Investing Activities $39.00M $16.00M $33.00M
YoY Change 143.75% -67.35% 266.67%
Cash From Investing Activities -$281.0M -$297.0M -$358.0M
YoY Change -5.39% -58.98% -64.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $127.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -260.0M -106.0M 261.0M
YoY Change 145.28% -133.65% -53.89%
NET CHANGE
Cash From Operating Activities 492.0M 443.0M 49.00M
Cash From Investing Activities -281.0M -297.0M -358.0M
Cash From Financing Activities -260.0M -106.0M 261.0M
Net Change In Cash -49.00M 40.00M -48.00M
YoY Change -222.5% -225.0% -69.03%
FREE CASH FLOW
Cash From Operating Activities $492.0M $443.0M $49.00M
Capital Expenditures -$320.0M -$313.0M -$391.0M
Free Cash Flow $812.0M $756.0M $440.0M
YoY Change 7.41% -34.26% -65.94%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
23467000000
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
155000000
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
25558000000
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
672000000
CY2017Q2 imo Percentage Of Shares To Be Repurchased
PercentageOfSharesToBeRepurchased
0.03 pure
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
23160000000
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1654000000
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
195000000
CY2016Q2 us-gaap Assets
Assets
43244000000
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1100000000 shares
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
844313000 shares
CY2017Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
844312999 shares
CY2017Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
25395927 shares
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
25224000000
CY2017Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
58000000
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3678000000
CY2017Q2 us-gaap Liabilities
Liabilities
16105000000
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
41105000000
CY2017Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
75000000
CY2017Q2 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
124000000
CY2017Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2962000000
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1784000000
CY2017Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4447000000
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
1560000000
CY2017Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17888000000
CY2017Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4203000000
CY2017Q2 us-gaap Debt Current
DebtCurrent
203000000
CY2017Q2 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
572000000
CY2017Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
40000000
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
25000000000
CY2017Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1468000000
CY2017Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
498000000
CY2017Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5019000000
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
3205000000
CY2017Q2 us-gaap Assets Current
AssetsCurrent
3756000000
CY2017Q2 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
1044000000
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
35846000000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
623000000
CY2017Q2 us-gaap Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
907000000
CY2017Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
53734000000
CY2017Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
1599000000
CY2017Q2 us-gaap Assets
Assets
41105000000
CY2017Q2 us-gaap Goodwill
Goodwill
186000000
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
410000000
CY2017Q2 us-gaap Related Party Transaction Due From To Related Party Current
RelatedPartyTransactionDueFromToRelatedPartyCurrent
126000000
CY2017Q2 imo Asset Retirement Obligation And Other Environmental Liabilities Noncurrent
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesNoncurrent
1588000000
CY2017Q2 imo Materials Supplies And Prepaid Expenses
MaterialsSuppliesAndPrepaidExpenses
490000000
CY2017Q2 imo Asset Retirement Obligation And Other Environmental Liabilities Current
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesCurrent
108000000
CY2017Q2 imo Majority Interest Ownership Percentage
MajorityInterestOwnershipPercentage
0.696 pure
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
23687000000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1828000000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
203000000
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1100000000 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
847599000 shares
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
25352000000
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
58000000
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3656000000
CY2016Q4 us-gaap Liabilities
Liabilities
16633000000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
41654000000
CY2016Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
75000000
CY2016Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
139000000
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3193000000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1897000000
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4447000000
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
1566000000
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17182000000
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4062000000
CY2016Q4 us-gaap Debt Current
DebtCurrent
202000000
CY2016Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
585000000
CY2016Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
488000000
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
25021000000
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1645000000
CY2016Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
328000000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5032000000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3883000000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
3831000000
CY2016Q4 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
949000000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
36333000000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
391000000
CY2016Q4 us-gaap Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
1030000000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
53515000000
CY2016Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
2023000000
CY2016Q4 us-gaap Assets
Assets
41654000000
CY2016Q4 us-gaap Goodwill
Goodwill
186000000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
274000000
CY2016Q4 us-gaap Related Party Transaction Due From To Related Party Current
RelatedPartyTransactionDueFromToRelatedPartyCurrent
172000000
CY2016Q4 imo Asset Retirement Obligation And Other Environmental Liabilities Noncurrent
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesNoncurrent
1544000000
CY2016Q4 imo Materials Supplies And Prepaid Expenses
MaterialsSuppliesAndPrepaidExpenses
468000000
CY2016Q4 imo Asset Retirement Obligation And Other Environmental Liabilities Current
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesCurrent
108000000
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <table style="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:13pt" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="4%" valign="top" align="left"><b>11.</b></td> <td align="left" valign="top"><b>Recently issued accounting standards</b></td> </tr> </table> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"> In May 2014, the Financial Accounting Standards Board (FASB) issued a new standard, <i>Revenue from Contracts with Customers</i>. The standard establishes a single revenue recognition model for all contracts with customers, eliminates industry specific requirements and expands disclosure requirements. The standard is required to be adopted beginning January&#xA0;1, 2018. The company expects to adopt the standard using the modified retrospective method, under which prior years&#x2019; results are not restated, but supplemental information on the impact of the new standard is provided for in the 2018 results. Imperial continues to evaluate other areas of the standard. The impact from the standard is not expected to have a material effect on the company&#x2019;s financial statements.</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"> In February 2016, the FASB issued a new standard, <i>Leases</i>. The standard requires all leases with an initial term greater than one year be recorded on the balance sheet as a lease asset and lease liability. The standard is required to be adopted beginning January&#xA0;1, 2019. Imperial is evaluating the standard and its effect on the company&#x2019;s financial statements and plans to adopt it in 2019.</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"> In March 2017, the FASB issued an Accounting Standards Update, <font style="white-space:nowrap">2017-07,</font> Compensation &#x2013; Retirement Benefits (Topic 715):<i>Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.</i> The update requires the service cost component of net benefit costs to be reported in the same line in the income statement as other compensation costs and the other components of net benefit costs to be presented separately from the service cost component. Additionally, only the service cost component of net benefit costs will be eligible for capitalization. The update is required to be adopted beginning January&#xA0;1, 2018. Imperial is evaluating the standard and its effect on the company&#x2019;s financial statements.</p> </div>
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Type
DocumentType
10-Q
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
dei Entity Central Index Key
EntityCentralIndexKey
0000049938
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
846000000
us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P12M
dei Trading Symbol
TradingSymbol
IMO
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
850100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
847300000 shares
dei Amendment Flag
AmendmentFlag
false
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2800000 shares
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.31
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Period End Date
DocumentPeriodEndDate
2017-06-30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
IMPERIAL OIL LTD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2045000000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
13000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
127000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-42000000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
22000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
442000000
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
41000000
us-gaap Net Income Loss
NetIncomeLoss
256000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-277000000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-424000000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
213000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
369000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
254000000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-31000000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
113000000
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
72000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
295000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
744000000
us-gaap Dividends
Dividends
-263000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39000000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-220000000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
222000000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
49000000
us-gaap Costs And Expenses
CostsAndExpenses
13894000000
us-gaap Exploration Expense
ExplorationExpense
22000000
us-gaap Interest Expense Debt
InterestExpenseDebt
27000000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-394000000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
26000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
232000000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-240000000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-448000000
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
16000000
imo Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
117000000
imo Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
296000000
imo Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
2900000000
imo Interest Income Expense Other
InterestIncomeExpenseOther
-4000000
imo Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
186000000
imo Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
1315000000
imo Book Value Of Assets Sold
BookValueOfAssetsSold
10000000
imo Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
288000000
imo Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
13943000000
imo Total Revenues And Other Income
TotalRevenuesAndOtherIncome
14189000000
imo Share Purchases In Excess Of Stated Value
SharePurchasesInExcessOfStatedValue
-121000000
imo Investment And Other Income Net
InvestmentAndOtherIncomeNet
246000000
imo Crude Oil And Product Purchases
CrudeOilAndProductPurchases
8975000000
imo Federal Excise Tax
FederalExciseTax
815000000
imo Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
163000000
imo Selling And General
SellingAndGeneral
407000000
imo Contribution To Registered Pension Plan Assets
ContributionToRegisteredPensionPlanAssets
-98000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.33
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
492000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
850500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
847600000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2900000 shares
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.33
imo Investment And Other Income Net
InvestmentAndOtherIncomeNet
71000000
imo Crude Oil And Product Purchases
CrudeOilAndProductPurchases
7027000000
imo Federal Excise Tax
FederalExciseTax
803000000
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1009000000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
15000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-57000000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
26000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
704000000
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
100000000
us-gaap Net Income Loss
NetIncomeLoss
-282000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-248000000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
396000000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
43000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-108000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
237000000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-33000000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1000000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
174000000
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
74000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-401000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
831000000
us-gaap Dividends
Dividends
-246000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-119000000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-655000000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
50000000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
63000000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-88000000
us-gaap Costs And Expenses
CostsAndExpenses
11871000000
us-gaap Exploration Expense
ExplorationExpense
59000000
us-gaap Interest Expense Debt
InterestExpenseDebt
37000000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
155000000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
20000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-8000000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
182000000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
13000000
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
37000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
495000000
imo Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
-119000000
imo Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
743000000
imo Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
2581000000
imo Interest Income Expense Other
InterestIncomeExpenseOther
4000000
imo Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
34000000
imo Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
917000000
imo Book Value Of Assets Sold
BookValueOfAssetsSold
7000000
imo Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
11399000000
imo Total Revenues And Other Income
TotalRevenuesAndOtherIncome
11470000000
imo Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
261000000
imo Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
-180000000
imo Selling And General
SellingAndGeneral
537000000
imo Contribution To Registered Pension Plan Assets
ContributionToRegisteredPensionPlanAssets
-76000000
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
CY2016Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
443000000
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
850600000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
847600000 shares
CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2016Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2016Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
446000000
CY2016Q2 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
8000000
CY2016Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-15000000
CY2016Q2 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
13000000
CY2016Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
313000000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-181000000
CY2016Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-122000000
CY2016Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
338000000
CY2016Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
13000000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-148000000
CY2016Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
118000000
CY2016Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-18000000
CY2016Q2 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1000000
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
33000000
CY2016Q2 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
33000000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-252000000
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
407000000
CY2016Q2 us-gaap Dividends
Dividends
-127000000
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-71000000
CY2016Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-297000000
CY2016Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
17000000
CY2016Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
32000000
CY2016Q2 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
20000000
CY2016Q2 us-gaap Costs And Expenses
CostsAndExpenses
6500000000
CY2016Q2 us-gaap Exploration Expense
ExplorationExpense
42000000
CY2016Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
19000000
CY2016Q2 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-106000000
CY2016Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
15000000
CY2016Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
40000000
CY2016Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
371000000
CY2016Q2 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
22000000
CY2016Q2 imo Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
-151000000
CY2016Q2 imo Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
335000000
CY2016Q2 imo Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
1310000000
CY2016Q2 imo Interest Income Expense Other
InterestIncomeExpenseOther
1000000
CY2016Q2 imo Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
10000000
CY2016Q2 imo Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
286000000
CY2016Q2 imo Book Value Of Assets Sold
BookValueOfAssetsSold
4000000
CY2016Q2 imo Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
6225000000
CY2016Q2 imo Total Revenues And Other Income
TotalRevenuesAndOtherIncome
6248000000
CY2016Q2 imo Investment And Other Income Net
InvestmentAndOtherIncomeNet
23000000
CY2016Q2 imo Crude Oil And Product Purchases
CrudeOilAndProductPurchases
4041000000
CY2016Q2 imo Federal Excise Tax
FederalExciseTax
415000000
CY2016Q2 imo Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
157000000
CY2016Q2 imo Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
-98000000
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-48000000
CY2017Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-281000000
CY2017Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
39000000
CY2017Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
27000000
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
7158000000
CY2017Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
17000000
CY2016Q2 imo Selling And General
SellingAndGeneral
267000000
CY2016Q2 imo Contribution To Registered Pension Plan Assets
ContributionToRegisteredPensionPlanAssets
-45000000
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2017Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
492000000
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
849900000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
847000000 shares
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2900000 shares
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.16
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2017Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1008000000
CY2017Q2 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
6000000
CY2017Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
127000000
CY2017Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-13000000
CY2017Q2 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
10000000
CY2017Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
320000000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-77000000
CY2017Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-198000000
CY2017Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-146000000
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
31000000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-41000000
CY2017Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
127000000
CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-17000000
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
36000000
CY2017Q2 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
36000000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-125000000
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
352000000
CY2017Q2 us-gaap Dividends
Dividends
-136000000
CY2017Q2 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-260000000
CY2017Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
13000000
CY2017Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-49000000
CY2017Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-30000000
CY2017Q2 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
16000000
CY2017Q2 imo Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
45000000
CY2017Q2 imo Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
143000000
CY2017Q2 imo Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
1525000000
CY2017Q2 imo Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
28000000
CY2017Q2 imo Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
706000000
CY2017Q2 imo Book Value Of Assets Sold
BookValueOfAssetsSold
9000000
CY2017Q2 imo Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
6985000000
CY2017Q2 imo Total Revenues And Other Income
TotalRevenuesAndOtherIncome
7033000000
CY2017Q2 imo Share Purchases In Excess Of Stated Value
SharePurchasesInExcessOfStatedValue
-121000000
CY2017Q2 imo Investment And Other Income Net
InvestmentAndOtherIncomeNet
48000000
CY2017Q2 imo Crude Oil And Product Purchases
CrudeOilAndProductPurchases
4642000000
CY2017Q2 imo Federal Excise Tax
FederalExciseTax
421000000
CY2017Q2 imo Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
147000000
CY2017Q2 imo Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
-37000000
CY2017Q2 imo Selling And General
SellingAndGeneral
201000000
CY2017Q2 imo Contribution To Registered Pension Plan Assets
ContributionToRegisteredPensionPlanAssets
-58000000

Files In Submission

Name View Source Status
0001193125-17-245463-index-headers.html Edgar Link pending
0001193125-17-245463-index.html Edgar Link pending
0001193125-17-245463.txt Edgar Link pending
0001193125-17-245463-xbrl.zip Edgar Link pending
d407882d10q.htm Edgar Link pending
d407882dex311.htm Edgar Link pending
d407882dex312.htm Edgar Link pending
d407882dex321.htm Edgar Link pending
d407882dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
imo-20170630.xml Edgar Link completed
imo-20170630.xsd Edgar Link pending
imo-20170630_cal.xml Edgar Link unprocessable
imo-20170630_def.xml Edgar Link unprocessable
imo-20170630_lab.xml Edgar Link unprocessable
imo-20170630_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
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending