2016 Q4 Form 10-K Financial Statement
#000119312518064765 Filed on March 01, 2018
Income Statement
Concept | 2016 Q4 | 2015 Q4 | 2015 |
---|---|---|---|
Revenue | $7.342B | $6.215B | $26.81B |
YoY Change | 18.13% | -22.63% | -26.43% |
Cost Of Revenue | $5.618B | $4.960B | $20.72B |
YoY Change | 13.27% | -20.51% | -26.38% |
Gross Profit | $1.724B | $1.255B | $6.091B |
YoY Change | 37.37% | -30.01% | -26.61% |
Gross Profit Margin | 23.48% | 20.19% | 22.72% |
Selling, General & Admin | $730.0M | $702.0M | $1.117B |
YoY Change | 3.99% | 8.5% | 3.91% |
% of Gross Profit | 42.34% | 55.94% | 18.34% |
Research & Development | $19.00M | $21.00M | $149.0M |
YoY Change | -9.52% | 40.0% | 16.41% |
% of Gross Profit | 1.1% | 1.67% | 2.45% |
Depreciation & Amortization | $399.0M | $398.0M | $1.450B |
YoY Change | 0.25% | 53.08% | 32.3% |
% of Gross Profit | 23.14% | 31.71% | 23.81% |
Operating Expenses | $1.148B | $1.121B | $1.266B |
YoY Change | 2.41% | 21.58% | 5.24% |
Operating Profit | $576.0M | $134.0M | $4.825B |
YoY Change | 329.85% | -84.62% | -32.0% |
Interest Expense | -$14.00M | -$19.00M | -$34.00M |
YoY Change | -26.32% | -950.0% | |
% of Operating Profit | -2.43% | -14.18% | -0.7% |
Other Income/Expense, Net | $1.000M | $0.00 | -$5.000M |
YoY Change | -100.0% | 25.0% | |
Pretax Income | $1.663B | $129.0M | $1.923B |
YoY Change | 1189.15% | -85.17% | -61.7% |
Income Tax | $219.0M | $27.00M | $801.0M |
% Of Pretax Income | 13.17% | 20.93% | 41.65% |
Net Earnings | $1.444B | $102.0M | $1.122B |
YoY Change | 1315.69% | -84.8% | -70.36% |
Net Earnings / Revenue | 19.67% | 1.64% | 4.19% |
Basic Earnings Per Share | $1.32 | ||
Diluted Earnings Per Share | $1.699M | $120.3K | $1.32 |
COMMON SHARES | |||
Basic Shares Outstanding | 847.6M shares | ||
Diluted Shares Outstanding | 850.6M shares |
Balance Sheet
Concept | 2016 Q4 | 2015 Q4 | 2015 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $391.0M | $203.0M | $203.0M |
YoY Change | 92.61% | -5.58% | -5.58% |
Cash & Equivalents | $391.0M | $203.0M | |
Short-Term Investments | |||
Other Short-Term Assets | $468.0M | $696.0M | $696.0M |
YoY Change | -32.76% | 0.29% | 0.29% |
Inventory | $949.0M | $1.190B | $1.190B |
Prepaid Expenses | |||
Receivables | $2.023B | $1.581B | $1.581B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $3.831B | $3.670B | $3.670B |
YoY Change | 4.39% | 2.83% | 2.83% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $36.33B | $37.80B | $37.80B |
YoY Change | -3.88% | 6.25% | 6.25% |
Goodwill | $186.0M | $224.0M | |
YoY Change | -16.96% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $1.030B | $1.414B | $1.414B |
YoY Change | -27.16% | 0.57% | 0.57% |
Other Assets | $274.0M | $223.0M | $63.00M |
YoY Change | 22.87% | 291.23% | 10.53% |
Total Long-Term Assets | $37.82B | $39.50B | $39.50B |
YoY Change | -4.25% | 6.01% | 6.01% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.831B | $3.670B | $3.670B |
Total Long-Term Assets | $37.82B | $39.50B | $39.50B |
Total Assets | $41.65B | $43.17B | $43.17B |
YoY Change | -3.51% | 5.73% | 5.73% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.797B | $2.611B | $2.611B |
YoY Change | 7.12% | 1400.57% | -26.68% |
Accrued Expenses | $396.0M | $378.0M | $378.0M |
YoY Change | 4.76% | -7.35% | -7.35% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $1.952B | $1.924B |
YoY Change | -100.0% | -1.31% | -1.64% |
Long-Term Debt Due | $202.0M | $28.00M | |
YoY Change | 27.27% | ||
Total Short-Term Liabilities | $3.883B | $5.393B | $5.393B |
YoY Change | -28.0% | -9.83% | -9.83% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $4.447B | $5.952B | $6.564B |
YoY Change | -25.29% | 25.41% | 33.6% |
Other Long-Term Liabilities | $3.656B | $3.597B | $3.597B |
YoY Change | 1.64% | 0.9% | 0.9% |
Total Long-Term Liabilities | $8.103B | $9.549B | $10.16B |
YoY Change | -15.14% | 14.9% | 19.85% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.883B | $5.393B | $5.393B |
Total Long-Term Liabilities | $8.103B | $9.549B | $10.16B |
Total Liabilities | $16.63B | $19.75B | $19.75B |
YoY Change | -15.76% | 7.9% | 7.9% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $25.35B | $23.69B | |
YoY Change | 7.03% | 2.88% | |
Common Stock | $1.566B | $1.566B | |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $25.02B | $23.43B | $23.43B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $41.65B | $43.17B | $43.17B |
YoY Change | -3.51% | 5.73% | 5.73% |
Cashflow Statement
Concept | 2016 Q4 | 2015 Q4 | 2015 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.444B | $102.0M | $1.122B |
YoY Change | 1315.69% | -84.8% | -70.36% |
Depreciation, Depletion And Amortization | $399.0M | $398.0M | $1.450B |
YoY Change | 0.25% | 53.08% | 32.3% |
Cash From Operating Activities | $751.0M | $405.0M | $2.167B |
YoY Change | 85.43% | -62.88% | -50.81% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$180.0M | -$563.0M | -$2.994B |
YoY Change | -68.03% | -60.85% | -43.4% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.777B | $24.00M | $110.0M |
YoY Change | 7304.17% | -442.86% | -84.89% |
Cash From Investing Activities | $1.597B | -$539.0M | -$2.884B |
YoY Change | -396.29% | -62.7% | -36.78% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -2.205B | -29.00M | 705.0M |
YoY Change | 7503.45% | -105.51% | 605.0% |
NET CHANGE | |||
Cash From Operating Activities | 751.0M | 405.0M | 2.167B |
Cash From Investing Activities | 1.597B | -539.0M | -2.884B |
Cash From Financing Activities | -2.205B | -29.00M | 705.0M |
Net Change In Cash | 143.0M | -163.0M | -12.00M |
YoY Change | -187.73% | -194.77% | -78.95% |
FREE CASH FLOW | |||
Cash From Operating Activities | $751.0M | $405.0M | $2.167B |
Capital Expenditures | -$180.0M | -$563.0M | -$2.994B |
Free Cash Flow | $931.0M | $968.0M | $5.161B |
YoY Change | -3.82% | -61.72% | -46.77% |
Facts In Submission
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CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
24714000000 | |
CY2017Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
|
56000000 | |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3780000000 | |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
199000000 | |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
56000000 | |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
17166000000 | |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
41601000000 | |
CY2017Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
75000000 | |
CY2017Q4 | us-gaap |
Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
|
99000000 | |
CY2017Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
|
21000000 | |
CY2017Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
3877000000 | |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-1815000000 | |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
2000000 | |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
120000000 | |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1000000 | |
CY2017Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4447000000 | |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
4196000000 | |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1536000000 | |
CY2017Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
|
21000000 | |
CY2017Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
|
21000000 | |
CY2017Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
1397000000 | |
CY2017Q4 | us-gaap |
Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
|
240000000 | |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
18305000000 | |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
78000000 | |
CY2017Q4 | us-gaap |
Other Commitment
OtherCommitment
|
42000000 | |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
19000000 | |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
4245000000 | |
CY2017Q4 | us-gaap |
Debt Current
DebtCurrent
|
202000000 | |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2017Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
|
21000000 | |
CY2017Q4 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
27000000 | |
CY2017Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
558000000 | |
CY2017Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
57000000 | |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
24435000000 | |
CY2017Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
1529000000 | |
CY2017Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
692000000 | |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
1000000 | |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
5005000000 | |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4136000000 | |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Deferred Expense Capitalized Interest
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInterest
|
118000000 | |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
5564000000 | |
CY2017Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
|
437000000 | |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
5407000000 | |
CY2017Q4 | us-gaap |
Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
|
1075000000 | |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
34473000000 | |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1195000000 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
|
936000000 | |
CY2017Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
4000000 | |
CY2017Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
1047000000 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
|
422000000 | |
CY2017Q4 | us-gaap |
Energy Related Inventory Chemicals
EnergyRelatedInventoryChemicals
|
42000000 | |
CY2017Q4 | us-gaap |
Fair Value Investments Entities That Calculate Net Asset Value Per Share Planned Sale Investments Not Identified Value
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePlannedSaleInvestmentsNotIdentifiedValue
|
7836000000 | |
CY2017Q4 | us-gaap |
Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
|
865000000 | |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
52778000000 | |
CY2017Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
2712000000 | |
CY2017Q4 | us-gaap |
Assets
Assets
|
41601000000 | |
CY2017Q4 | us-gaap |
Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
|
0 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
|
376000000 | |
CY2017Q4 | us-gaap |
Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
|
7870000000 | |
CY2017Q4 | us-gaap |
Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
|
690000000 | |
CY2017Q4 | us-gaap |
Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
|
1400000000 | |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
186000000 | |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
670000000 | |
CY2017Q4 | us-gaap |
Related Party Transaction Due From To Related Party Current
RelatedPartyTransactionDueFromToRelatedPartyCurrent
|
509000000 | |
CY2015 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
1000 | shares |
CY2015 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3000000 | shares |
CY2015 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.54 | |
CY2015 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.32 | |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.272 | pure |
CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
2167000000 | |
CY2015 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
850600000 | shares |
CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
847600000 | shares |
CY2015 | us-gaap |
Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
|
125000000 | |
CY2015 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
480000000 | |
CY2015 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
2994000000 | |
CY2015 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
64000000 | |
CY2015 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1122000000 | |
CY2017Q4 | imo |
Deferred Tax Liabilities Deferred Expense Capitalized Successful Drilling And Land Acquisition
DeferredTaxLiabilitiesDeferredExpenseCapitalizedSuccessfulDrillingAndLandAcquisition
|
762000000 | |
CY2017Q4 | imo |
Asset Retirement Obligation And Other Environmental Liabilities Noncurrent
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesNoncurrent
|
1460000000 | |
CY2017Q4 | imo |
Asset Retirement Obligation And Other Environmental Liabilities Current
AssetRetirementObligationAndOtherEnvironmentalLiabilitiesCurrent
|
101000000 | |
CY2017Q4 | imo |
Majority Interest Ownership Percentage
MajorityInterestOwnershipPercentage
|
0.696 | pure |
CY2017Q4 | imo |
Deferred Income Tax Liabilities Net Noncurrent
DeferredIncomeTaxLiabilitiesNetNoncurrent
|
4196000000 | |
CY2017Q4 | imo |
Natural Gas And Other Products Inventory
NaturalGasAndOtherProductsInventory
|
36000000 | |
CY2017Q4 | imo |
Deferred Tax Assets Inventory Noncurrent
DeferredTaxAssetsInventoryNoncurrent
|
318000000 | |
CY2017Q4 | imo |
Maximum Longterm Borrowing From Affiliate
MaximumLongtermBorrowingFromAffiliate
|
7750000000 | |
CY2017Q4 | imo |
Deferred Tax Assets Other Non Current
DeferredTaxAssetsOtherNonCurrent
|
196000000 | |
CY2017Q4 | imo |
Petroleum Products Inventory
PetroleumProductsInventory
|
307000000 | |
CY2017Q4 | imo |
Materials Supplies And Prepaid Expenses
MaterialsSuppliesAndPrepaidExpenses
|
425000000 | |
CY2017Q4 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.01 | pure |
CY2015Q2 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.02 | pure |
CY2015 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.32 | |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.161 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
|
-0.004 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.012 | pure |
CY2015 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1000 | shares |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
|
0.417 | pure |
CY2015 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
3058000000 | |
CY2015 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
20000000 | |
CY2015 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-85000000 | |
CY2015 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
68000000 | |
CY2015 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
13000000 | |
CY2015 | us-gaap |
Interest Paid
InterestPaid
|
74000000 | |
CY2015 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-92000000 | |
CY2015 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
42000000 | |
CY2015 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
97000000 | |
CY2015 | us-gaap |
Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
|
-39000000 | |
CY2015 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
43000000 | |
CY2015 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1353000000 | |
CY2015 | us-gaap |
Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
|
0 | |
CY2015 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
449000000 | |
CY2015 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-39000000 | |
CY2015 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
10000000 | |
CY2015 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
32000000 | |
CY2015 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
231000000 | |
CY2015 | 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
|
167000000 | |
CY2015 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1923000000 | |
CY2015 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
48000000 | |
CY2015 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
350000000 | |
CY2015 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1450000000 | |
CY2015 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
801000000 | |
CY2015 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2884000000 | |
CY2015 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-316000000 | |
CY2015 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-231000000 | |
CY2015 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
142000000 | |
CY2015 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
25000000 | |
CY2015 | us-gaap |
Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
|
0 | |
CY2015 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
451000000 | |
CY2015 | us-gaap |
Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
|
78000000 | |
CY2015 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
102000000 | |
CY2015 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
59000000 | |
CY2015 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-32000000 | |
CY2015 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
24965000000 | |
CY2015 | us-gaap |
Exploration Expense
ExplorationExpense
|
73000000 | |
CY2015 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
34000000 | |
CY2015 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
311000000 | |
CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
705000000 | |
CY2015 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
61000000 | |
CY2015 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
149000000 | |
CY2015 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
4000000 | |
CY2015 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-12000000 | |
CY2015 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
418000000 | |
CY2015 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1030000000 | |
CY2015 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
|
24000000 | |
CY2015 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1206000000 | |
CY2015 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | |
CY2015 | imo |
Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
|
172000000 | |
CY2015 | imo |
Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
|
5434000000 | |
CY2017 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2017 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | |
CY2017 | dei |
Document Type
DocumentType
|
10-K | |
CY2015 | imo |
Total Revenues And Other Income
TotalRevenuesAndOtherIncome
|
26888000000 | |
CY2015 | imo |
Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
|
3595000000 | |
CY2015 | imo |
Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
|
26756000000 | |
CY2015 | imo |
Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
|
367000000 | |
CY2015 | imo |
Crude Oil And Product Purchases
CrudeOilAndProductPurchases
|
15284000000 | |
CY2015 | imo |
Contribution To Registered Pension Plan Assets
ContributionToRegisteredPensionPlanAssets
|
225000000 | |
CY2015 | imo |
Cash Outflow From Income Taxes Plus Investment Tax Credit
CashOutflowFromIncomeTaxesPlusInvestmentTaxCredit
|
202000000 | |
CY2015 | imo |
Federal Excise Tax
FederalExciseTax
|
1568000000 | |
CY2015 | imo |
Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
|
2684000000 | |
CY2015 | imo |
Number Of Projects With Capitalized Wells Drilled In Preceding Twelve Months
NumberOfProjectsWithCapitalizedWellsDrilledInPrecedingTwelveMonths
|
0 | Project |
CY2015 | imo |
Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
|
442000000 | |
CY2015 | imo |
Investment And Other Income Net
InvestmentAndOtherIncomeNet
|
132000000 | |
CY2015 | imo |
Interest Income Expense Other
InterestIncomeExpenseOther
|
-5000000 | |
CY2015 | imo |
Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
|
79000000 | |
CY2015 | imo |
Book Value Of Assets Sold
BookValueOfAssetsSold
|
45000000 | |
CY2015 | imo |
Selling And General
SellingAndGeneral
|
1117000000 | |
CY2017 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.269 | pure |
CY2017 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000049938 | |
CY2017 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
Yes | |
CY2017 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P10Y | |
CY2017 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
2763000000 | |
CY2017 | dei |
Trading Symbol
TradingSymbol
|
IMO | |
CY2017 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
845700000 | shares |
CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
842900000 | shares |
CY2017 | us-gaap |
Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
|
P12M | |
CY2017 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2017 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
16359000 | shares |
CY2017 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2800000 | shares |
CY2017 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.63 | |
CY2017 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2017 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.58 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.009 | pure |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
|
-0.053 | pure |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.066 | pure |
CY2017 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-12-31 | |
CY2017 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2017 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2017 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
2000 | shares |
CY2017 | us-gaap |
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
|
0.055 | pure |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
|
0.159 | pure |
CY2017 | dei |
Entity Registrant Name
EntityRegistrantName
|
IMPERIAL OIL LTD | |
CY2017 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2017 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
4110000000 | |
CY2017 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
27000000 | |
CY2017 | us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
19000000 | |
CY2017 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
627000000 | |
CY2017 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-38000000 | |
CY2017 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
38000000 | |
CY2017 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-5000000 | |
CY2017 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
4000000 | |
CY2017 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
993000000 | |
CY2017 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-54000000 | |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
490000000 | |
CY2017 | us-gaap |
Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
|
0 | |
CY2017 | us-gaap |
Interest Paid
InterestPaid
|
58000000 | |
CY2017 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-525000000 | |
CY2017 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
689000000 | |
CY2017 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
220000000 | |
CY2017 | us-gaap |
Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
|
5000000 | |
CY2017 | us-gaap |
Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
|
5000000 | |
CY2017 | us-gaap |
Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
|
80000000 | |
CY2017 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
572000000 | |
CY2017 | us-gaap |
Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
|
0 | |
CY2017 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
524000000 | |
CY2017 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-78000000 | |
CY2017 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
2000000 | |
CY2017 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
1000000 | |
CY2017 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
82000000 | |
CY2017 | 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
|
136000000 | |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
582000000 | |
CY2017 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
14000000 | |
CY2017 | us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
43000000 | |
CY2017 | us-gaap |
Capitalized Exploratory Well Cost Charged To Expense1
CapitalizedExploratoryWellCostChargedToExpense1
|
143000000 | |
CY2017 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
150000000 | |
CY2017 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2172000000 | |
CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
92000000 | |
CY2017 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-781000000 | |
CY2017 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-120000000 | |
CY2017 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-82000000 | |
CY2017 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
232000000 | |
CY2017 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
30000000 | |
CY2017 | us-gaap |
Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
|
0 | |
CY2017 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-58000000 | |
CY2017 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
40000000 | |
CY2017 | us-gaap |
Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
|
71000000 | |
CY2017 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
103000000 | |
CY2017 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
92000000 | |
CY2017 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
28842000000 | |
CY2017 | us-gaap |
Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
|
6000000 | |
CY2017 | us-gaap |
Exploration Expense
ExplorationExpense
|
183000000 | |
CY2017 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
65000000 | |
CY2017 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
206000000 | |
CY2017 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-1178000000 | |
CY2017 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
58000000 | |
CY2017 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
111000000 | |
CY2017 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
804000000 | |
CY2017 | us-gaap |
Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
|
60000000 | |
CY2017 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-431000000 | |
CY2017 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
678000000 | |
CY2017 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
|
-20000000 | |
CY2017 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | |
CY2017 | imo |
Asset Retirement Obligations Discounted Rate
AssetRetirementObligationsDiscountedRate
|
0.06 | pure |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Decrease In Discount Rate On Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInDiscountRateOnBenefitObligation
|
1570000000 | |
CY2017 | imo |
Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
|
83000000 | |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Increase In Rate Of Pay Increases On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInRateOfPayIncreasesOnNetBenefitCost
|
55000000 | |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Increase In Discount Rate On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInDiscountRateOnNetBenefitCost
|
90000000 | |
CY2017 | imo |
Capitalized Lease Obligation Average Imputed Rate
CapitalizedLeaseObligationAverageImputedRate
|
0.070 | pure |
CY2017 | imo |
Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
|
5698000000 | |
CY2017 | imo |
Crude Oil And Product Purchases
CrudeOilAndProductPurchases
|
18145000000 | |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Increase In Rate Of Pay Increases On Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInRateOfPayIncreasesOnBenefitObligation
|
265000000 | |
CY2017 | imo |
Contribution To Registered Pension Plan Assets
ContributionToRegisteredPensionPlanAssets
|
212000000 | |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Decrease In Rate Of Pay Increases On Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInRateOfPayIncreasesOnBenefitObligation
|
225000000 | |
CY2017 | imo |
Cash Outflow From Income Taxes Plus Investment Tax Credit
CashOutflowFromIncomeTaxesPlusInvestmentTaxCredit
|
322000000 | |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Decrease In Rate Of Pay Increases On Plan Assets On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInRateOfPayIncreasesOnPlanAssetsOnNetBenefitCost
|
45000000 | |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Increase In Rate Of Return On Plan Assets On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInRateOfReturnOnPlanAssetsOnNetBenefitCost
|
75000000 | |
CY2017 | imo |
Federal Excise Tax
FederalExciseTax
|
1673000000 | |
CY2017 | imo |
Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
|
2687000000 | |
CY2017 | imo |
Defined Benefit Plan Target Allocation To Private Equity Venture Capital
DefinedBenefitPlanTargetAllocationToPrivateEquityVentureCapital
|
0.05 | pure |
CY2017 | imo |
Number Of Projects With Capitalized Wells Drilled In Preceding Twelve Months
NumberOfProjectsWithCapitalizedWellsDrilledInPrecedingTwelveMonths
|
0 | Project |
CY2017 | imo |
Cancelation Period Longterm Borrowing From Affiliate
CancelationPeriodLongtermBorrowingFromAffiliate
|
P370D | |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Decrease In Discount Rate On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInDiscountRateOnNetBenefitCost
|
120000000 | |
CY2017 | imo |
Asset Retirement Obligation Liabilities Incurred Settled
AssetRetirementObligationLiabilitiesIncurredSettled
|
-124000000 | |
CY2017 | imo |
Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
|
544000000 | |
CY2017 | imo |
Investment And Other Income Net
InvestmentAndOtherIncomeNet
|
299000000 | |
CY2017 | imo |
Interest Income Expense Other
InterestIncomeExpenseOther
|
-13000000 | |
CY2017 | imo |
Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
|
192000000 | |
CY2017 | imo |
Book Value Of Assets Sold
BookValueOfAssetsSold
|
12000000 | |
CY2017 | imo |
Amortization Of Computer Software Development Costs
AmortizationOfComputerSoftwareDevelopmentCosts
|
P15Y | |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Increase In Discount Rate On Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInDiscountRateOnBenefitObligation
|
1215000000 | |
CY2017 | imo |
Selling And General
SellingAndGeneral
|
893000000 | |
CY2017 | imo |
Total Revenues And Other Income
TotalRevenuesAndOtherIncome
|
29424000000 | |
CY2017 | imo |
Defined Benefit Plan Effect Of One Percentage Point Decrease In Rate Of Return On Plan Assets On Net Benefit Cost
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInRateOfReturnOnPlanAssetsOnNetBenefitCost
|
75000000 | |
CY2017 | imo |
Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
|
671000000 | |
CY2017 | imo |
Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
|
29125000000 | |
CY2017 | imo |
Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
|
321000000 | |
imo |
Actual Rate Of Return
ActualRateOfReturn
|
0.063 | pure | |
CY2016 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.55 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.268 | pure |
CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
2015000000 | |
CY2016 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
850500000 | shares |
CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
847600000 | shares |
CY2016 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
1000 | shares |
CY2016 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2900000 | shares |
CY2016 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.59 | |
CY2016 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.55 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
|
-0.116 | pure |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.038 | pure |
CY2016 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1000 | shares |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
|
0.114 | pure |
CY2016 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
2342000000 | |
CY2016 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
28000000 | |
CY2016 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
34000000 | |
CY2016 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
49000000 | |
CY2016 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
0 | |
CY2016 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
24000000 | |
CY2016 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1073000000 | |
CY2016 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-210000000 | |
CY2016 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2096000000 | |
CY2016 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2000000000 | |
CY2016 | us-gaap |
Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
|
0 | |
CY2016 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
492000000 | |
CY2016 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-65000000 | |
CY2016 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
2000000 | |
CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2165000000 | |
CY2016 | us-gaap |
Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
|
0 | |
CY2016 | us-gaap |
Interest Paid
InterestPaid
|
73000000 | |
CY2016 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-324000000 | |
CY2016 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
442000000 | |
CY2016 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
2244000000 | |
CY2016 | us-gaap |
Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
|
5000000 | |
CY2016 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
1000000 | |
CY2016 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-69000000 | |
CY2016 | 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
|
141000000 | |
CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2444000000 | |
CY2016 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
83000000 | |
CY2016 | us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
36000000 | |
CY2016 | us-gaap |
Capitalized Exploratory Well Cost Charged To Expense1
CapitalizedExploratoryWellCostChargedToExpense1
|
24000000 | |
CY2016 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
79000000 | |
CY2016 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1628000000 | |
CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
279000000 | |
CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
1947000000 | |
CY2016 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
103000000 | |
CY2016 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
69000000 | |
CY2016 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
3021000000 | |
CY2016 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
5000000 | |
CY2016 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
5000000 | |
CY2016 | us-gaap |
Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
|
0 | |
CY2016 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
200000000 | |
CY2016 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
44000000 | |
CY2016 | us-gaap |
Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
|
79000000 | |
CY2016 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
121000000 | |
CY2016 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-1749000000 | |
CY2016 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
97000000 | |
CY2016 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
24910000000 | |
CY2016 | us-gaap |
Exploration Expense
ExplorationExpense
|
94000000 | |
CY2016 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
72000000 | |
CY2016 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
253000000 | |
CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-3774000000 | |
CY2016 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
43000000 | |
CY2016 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
152000000 | |
CY2016 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
18000000 | |
CY2016 | imo |
Increase Decrease In Inventories Materials And Supplies And Prepaid Expenses
IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses
|
-197000000 | |
CY2016 | imo |
Capitalized Lease Obligation Average Imputed Rate
CapitalizedLeaseObligationAverageImputedRate
|
0.069 | pure |
CY2016 | imo |
Production And Manufacturing Expenses
ProductionAndManufacturingExpenses
|
5224000000 | |
CY2016 | imo |
Crude Oil And Product Purchases
CrudeOilAndProductPurchases
|
15120000000 | |
CY2016 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
188000000 | |
CY2016 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
36000000 | |
CY2016 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
237000000 | |
CY2016 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
|
-77000000 | |
CY2016 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
495000000 | |
CY2016 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | |
CY2016 | imo |
Asset Retirement Obligations Discounted Rate
AssetRetirementObligationsDiscountedRate
|
0.06 | pure |
CY2016 | imo |
Contribution To Registered Pension Plan Assets
ContributionToRegisteredPensionPlanAssets
|
163000000 | |
CY2016 | imo |
Cash Outflow From Income Taxes Plus Investment Tax Credit
CashOutflowFromIncomeTaxesPlusInvestmentTaxCredit
|
172000000 | |
CY2016 | imo |
Federal Excise Tax
FederalExciseTax
|
1650000000 | |
CY2016 | imo |
Crude Oil And Product Purchases Related Parties
CrudeOilAndProductPurchasesRelatedParties
|
2224000000 | |
CY2016 | imo |
Number Of Projects With Capitalized Wells Drilled In Preceding Twelve Months
NumberOfProjectsWithCapitalizedWellsDrilledInPrecedingTwelveMonths
|
0 | Project |
CY2016 | imo |
Asset Retirement Obligation Liabilities Incurred Settled
AssetRetirementObligationLiabilitiesIncurredSettled
|
-160000000 | |
CY2016 | imo |
Production And Manufacturing Expenses Related Parties
ProductionAndManufacturingExpensesRelatedParties
|
533000000 | |
CY2016 | imo |
Investment And Other Income Net
InvestmentAndOtherIncomeNet
|
2305000000 | |
CY2016 | imo |
Interest Income Expense Other
InterestIncomeExpenseOther
|
7000000 | |
CY2016 | imo |
Net Gain Loss On Asset Sales After Tax
NetGainLossOnAssetSalesAfterTax
|
1908000000 | |
CY2016 | imo |
Book Value Of Assets Sold
BookValueOfAssetsSold
|
777000000 | |
CY2016 | imo |
Selling And General
SellingAndGeneral
|
1129000000 | |
CY2016 | imo |
Total Revenues And Other Income
TotalRevenuesAndOtherIncome
|
27354000000 | |
CY2016 | imo |
Capital And Exploration Expenditures
CapitalAndExplorationExpenditures
|
1161000000 | |
CY2016 | imo |
Operating Revenues Including Federal Excise Tax
OperatingRevenuesIncludingFederalExciseTax
|
25049000000 | |
CY2016 | imo |
Deferred Income Taxes And Other
DeferredIncomeTaxesAndOther
|
114000000 | |
imo |
Actual Rate Of Return
ActualRateOfReturn
|
0.073 | pure |