2016 Q4 Form 10-Q Financial Statement

#000151029516000139 Filed on October 31, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $17.16B $16.62B $18.72B
YoY Change 9.92% -11.21% -26.43%
Cost Of Revenue $15.64B $14.97B $16.35B
YoY Change 10.04% -8.48% -31.33%
Gross Profit $1.642B $1.492B $2.402B
YoY Change 11.78% -37.89% 44.26%
Gross Profit Margin 9.57% 8.98% 12.83%
Selling, General & Admin $501.0M $420.0M $392.0M
YoY Change -5.11% 7.14% 14.62%
% of Gross Profit 30.51% 28.15% 16.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $504.0M $507.0M $364.0M
YoY Change 87.36% 39.29% 13.04%
% of Gross Profit 30.69% 33.98% 15.15%
Operating Expenses $1.005B $420.0M $392.0M
YoY Change 6.8% 7.14% 14.62%
Operating Profit $553.0M $435.0M $1.549B
YoY Change 63.61% -71.92% 45.86%
Interest Expense -$211.0M -$154.0M $76.00M
YoY Change -348.24% -302.63% -20.0%
% of Operating Profit -38.16% -35.4% 4.91%
Other Income/Expense, Net -$15.00M -$6.000M -$6.000M
YoY Change 275.0% 0.0% -88.0%
Pretax Income $417.0M $294.0M $1.479B
YoY Change 77.45% -80.12% 46.15%
Income Tax $128.0M $75.00M $521.0M
% Of Pretax Income 30.7% 25.51% 35.23%
Net Earnings $227.0M $145.0M $948.0M
YoY Change 21.39% -84.7% 41.07%
Net Earnings / Revenue 1.32% 0.87% 5.07%
Basic Earnings Per Share $0.43 $0.28 $1.77
Diluted Earnings Per Share $0.43 $0.27 $1.76
COMMON SHARES
Basic Shares Outstanding 527.8M shares 527.0M shares 535.0M shares
Diluted Shares Outstanding 530.0M shares 538.0M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $887.0M $709.0M $2.044B
YoY Change -21.3% -65.31% 10.25%
Cash & Equivalents $887.0M $709.0M $2.044B
Short-Term Investments
Other Short-Term Assets $241.0M $176.0M $137.0M
YoY Change 25.52% 28.47% -11.04%
Inventory $5.656B $5.524B $5.556B
Prepaid Expenses
Receivables $3.617B $3.136B $3.124B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.40B $9.545B $10.86B
YoY Change 9.82% -12.12% -15.72%
LONG-TERM ASSETS
Property, Plant & Equipment $25.77B $25.70B $16.29B
YoY Change 2.39% 57.71% 1.84%
Goodwill $3.587B $3.648B $1.565B
YoY Change -10.75% 133.1% 1.82%
Intangibles $725.0M
YoY Change 0.83%
Long-Term Investments $3.827B $3.554B $1.073B
YoY Change 5.66% 231.22% 24.48%
Other Assets $833.0M $849.0M $368.0M
YoY Change -0.72% 130.71% -12.38%
Total Long-Term Assets $34.01B $33.75B $19.30B
YoY Change 1.09% 74.86% 2.56%
TOTAL ASSETS
Total Short-Term Assets $10.40B $9.545B $10.86B
Total Long-Term Assets $34.01B $33.75B $19.30B
Total Assets $44.41B $43.29B $30.16B
YoY Change 3.01% 43.54% -4.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.593B $5.055B $4.993B
YoY Change 17.92% 1.24% -42.78%
Accrued Expenses $994.0M $768.0M $759.0M
YoY Change 3.22% 1.19% 6.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $28.00M $28.00M $780.0M
YoY Change -3.45% -96.41% 2900.0%
Total Short-Term Liabilities $7.146B $6.340B $7.686B
YoY Change 12.62% -17.51% -25.9%
LONG-TERM LIABILITIES
Long-Term Debt $10.54B $10.54B $5.912B
YoY Change -11.37% 78.25% -5.23%
Other Long-Term Liabilities $1.659B $1.776B $1.696B
YoY Change -13.32% 4.72% 1.92%
Total Long-Term Liabilities $12.20B $12.31B $7.608B
YoY Change -11.64% 61.86% -3.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.146B $6.340B $7.686B
Total Long-Term Liabilities $12.20B $12.31B $7.608B
Total Liabilities $23.21B $22.34B $17.24B
YoY Change -0.98% 29.59% -15.67%
SHAREHOLDERS EQUITY
Retained Earnings $10.21B $10.17B $9.736B
YoY Change 4.66% 4.45% 42.01%
Common Stock $11.07B $11.01B $9.936B
YoY Change -0.1% 10.83% 1.01%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.482B $7.459B $7.083B
YoY Change 2.85% 5.31% 26.12%
Treasury Stock Shares 203.0M shares 203.0M shares 195.0M shares
Shareholders Equity $13.56B $13.40B $12.28B
YoY Change
Total Liabilities & Shareholders Equity $44.41B $43.29B $30.16B
YoY Change 3.01% 43.54% -4.87%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $227.0M $145.0M $948.0M
YoY Change 21.39% -84.7% 41.07%
Depreciation, Depletion And Amortization $504.0M $507.0M $364.0M
YoY Change 87.36% 39.29% 13.04%
Cash From Operating Activities $1.015B $412.0M $1.069B
YoY Change 25.62% -61.46% -0.83%
INVESTING ACTIVITIES
Capital Expenditures -$745.0M -$716.0M -$513.0M
YoY Change 3.33% 39.57% 33.94%
Acquisitions
YoY Change
Other Investing Activities -$5.000M -$5.000M -$59.00M
YoY Change -99.61% -91.53% -98.01%
Cash From Investing Activities -$750.0M -$721.0M -$572.0M
YoY Change -62.74% 26.05% -82.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $51.00M $156.0M
YoY Change -67.31% -48.17%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -91.00M -736.0M -334.0M
YoY Change -131.6% 120.36% -116.75%
NET CHANGE
Cash From Operating Activities 1.015B 412.0M 1.069B
Cash From Investing Activities -750.0M -721.0M -572.0M
Cash From Financing Activities -91.00M -736.0M -334.0M
Net Change In Cash 174.0M -1.045B 163.0M
YoY Change -118.97% -741.1% -160.15%
FREE CASH FLOW
Cash From Operating Activities $1.015B $412.0M $1.069B
Capital Expenditures -$745.0M -$716.0M -$513.0M
Free Cash Flow $1.760B $1.128B $1.582B
YoY Change 15.11% -28.7% 8.28%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Period End Date
DocumentPeriodEndDate
2016-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001510295
CY2016Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
527815189 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Marathon Petroleum Corp
dei Trading Symbol
TradingSymbol
MPC
CY2015Q3 mpc Capital Expenditure
CapitalExpenditure
513000000 USD
mpc Capital Expenditure
CapitalExpenditure
1261000000 USD
CY2016Q3 mpc Capital Expenditure
CapitalExpenditure
692000000 USD
mpc Capital Expenditure
CapitalExpenditure
1849000000 USD
CY2015Q3 mpc Capital Expenditures And Investments
CapitalExpendituresAndInvestments
585000000 USD
mpc Capital Expenditures And Investments
CapitalExpendituresAndInvestments
1482000000 USD
CY2016Q3 mpc Capital Expenditures And Investments
CapitalExpendituresAndInvestments
761000000 USD
mpc Capital Expenditures And Investments
CapitalExpendituresAndInvestments
2232000000 USD
mpc Capital Expenditures Excluding Acquisitions
CapitalExpendituresExcludingAcquisitions
1261000000 USD
mpc Capital Expenditures Excluding Acquisitions
CapitalExpendituresExcludingAcquisitions
1982000000 USD
CY2015Q3 mpc Comprehensive Income Loss Netof Tax Attributableto Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest
10000000 USD
mpc Comprehensive Income Loss Netof Tax Attributableto Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest
35000000 USD
CY2016Q3 mpc Comprehensive Income Loss Netof Tax Attributableto Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest
58000000 USD
mpc Comprehensive Income Loss Netof Tax Attributableto Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest
-48000000 USD
CY2015Q3 mpc Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
0 USD
mpc Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
0 USD
CY2016Q3 mpc Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
16000000 USD
mpc Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
25000000 USD
CY2015Q3 mpc Consolidated Refined Product Sales Volumes
ConsolidatedRefinedProductSalesVolumes
2359000
mpc Consolidated Refined Product Sales Volumes
ConsolidatedRefinedProductSalesVolumes
2316000
CY2016Q3 mpc Consolidated Refined Product Sales Volumes
ConsolidatedRefinedProductSalesVolumes
2316000
mpc Consolidated Refined Product Sales Volumes
ConsolidatedRefinedProductSalesVolumes
2274000
mpc Contingentconsiderationpayment
Contingentconsiderationpayment
175000000 USD
mpc Contingentconsiderationpayment
Contingentconsiderationpayment
164000000 USD
CY2015Q4 mpc Energy Related Inventory Refined Products
EnergyRelatedInventoryRefinedProducts
2804000000 USD
CY2016Q3 mpc Energy Related Inventory Refined Products
EnergyRelatedInventoryRefinedProducts
2689000000 USD
mpc Increase Decrease In Accrual For Capital Expenditures
IncreaseDecreaseInAccrualForCapitalExpenditures
-22000000 USD
mpc Increase Decrease In Accrual For Capital Expenditures
IncreaseDecreaseInAccrualForCapitalExpenditures
-169000000 USD
mpc Non Cash Acquisition Of Property Plant And Equipment
NonCashAcquisitionOfPropertyPlantAndEquipment
5000000 USD
mpc Non Cash Acquisition Of Property Plant And Equipment
NonCashAcquisitionOfPropertyPlantAndEquipment
0 USD
CY2015Q4 mpc Nonfinancial Liabilities Fair Value Disclosure Current
NonfinancialLiabilitiesFairValueDisclosureCurrent
196000000 USD
CY2016Q3 mpc Nonfinancial Liabilities Fair Value Disclosure Current
NonfinancialLiabilitiesFairValueDisclosureCurrent
128000000 USD
mpc Numberof Reporting Units Impaired
NumberofReportingUnitsImpaired
2 reporting_unit
CY2015Q3 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax
8000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax
24000000 USD
CY2016Q3 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax
8000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax
23000000 USD
CY2015Q3 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax
5000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax
14000000 USD
CY2016Q3 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax
5000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax
14000000 USD
CY2015Q3 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax
5000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax
25000000 USD
CY2016Q3 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax
2000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax
14000000 USD
CY2015Q3 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax
3000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax
15000000 USD
CY2016Q3 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax
0 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax
8000000 USD
mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Workers Compensation
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWorkersCompensation
1000000 USD
mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Settlement Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociPensionAndOtherPostretirementBenefitPlansForSettlementGainLossBeforeTax
-4000000 USD
mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Settlement Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociPensionAndOtherPostretirementBenefitPlansForSettlementGainLossBeforeTax
-7000000 USD
mpc Partners Capital Account Saleof Units Tax
PartnersCapitalAccountSaleofUnitsTax
0 USD
mpc Payments To Acquire Businesses Excluding Inventories Including Contingent Consideration And Liabilities Assumed
PaymentsToAcquireBusinessesExcludingInventoriesIncludingContingentConsiderationAndLiabilitiesAssumed
0 USD
mpc Payments To Acquire Businesses Excluding Inventories Including Contingent Consideration And Liabilities Assumed
PaymentsToAcquireBusinessesExcludingInventoriesIncludingContingentConsiderationAndLiabilitiesAssumed
-133000000 USD
mpc Pensionand Other Postretirement Benefit Net
PensionandOtherPostretirementBenefitNet
51000000 USD
mpc Pensionand Other Postretirement Benefit Net
PensionandOtherPostretirementBenefitNet
-21000000 USD
mpc Retirement Expenditures
RetirementExpenditures
1000000 USD
mpc Retirement Expenditures
RetirementExpenditures
4000000 USD
CY2015Q3 mpc Revenues And Other Income
RevenuesAndOtherIncome
18758000000 USD
mpc Revenues And Other Income
RevenuesAndOtherIncome
56579000000 USD
CY2016Q3 mpc Revenues And Other Income
RevenuesAndOtherIncome
16460000000 USD
mpc Revenues And Other Income
RevenuesAndOtherIncome
46080000000 USD
mpc Tax Effect Of Mplx Reorganization
TaxEffectOfMPLXReorganization
3000000 USD
mpc Tax Effect Of Stock Issued During Period Acquisitions
TaxEffectOfStockIssuedDuringPeriodAcquisitions
-115000000 USD
mpc Tax Effect Of Stock Received During Period Contribution Of Assets
TaxEffectOfStockReceivedDuringPeriodContributionOfAssets
42000000 USD
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4743000000 USD
CY2016Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
5055000000 USD
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2927000000 USD
CY2016Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3136000000 USD
CY2015Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
163000000 USD
CY2016Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
145000000 USD
CY2015Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
184000000 USD
CY2016Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
163000000 USD
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10440000000 USD
CY2016Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11829000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-313000000 USD
CY2015Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-312000000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-318000000 USD
CY2016Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-327000000 USD
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
11071000000 USD
CY2016Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
11005000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
60000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
45000000 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
12000000 USD
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
12000000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9000000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
47000000 USD
CY2015Q4 us-gaap Assets
Assets
43115000000 USD
CY2016Q3 us-gaap Assets
Assets
43293000000 USD
CY2015Q4 us-gaap Assets Current
AssetsCurrent
9471000000 USD
CY2016Q3 us-gaap Assets Current
AssetsCurrent
9545000000 USD
CY2015Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
1.76
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
4.81
CY2015Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.75
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
4.78
CY2015Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
943000000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
2600000000 USD
CY2015Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
19186000000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
57830000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1494000000 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2044000000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1127000000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
709000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
550000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-418000000 USD
CY2015Q4 us-gaap Commercial Paper
CommercialPaper
0 USD
CY2016Q3 us-gaap Commercial Paper
CommercialPaper
0 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.32
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.82
CY2016Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.00
CY2016Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
729000000 shares
CY2016Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
731000000 shares
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2016Q3 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
945000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2666000000 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
139000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
938000000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
955000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2701000000 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
213000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
915000000 USD
CY2015Q3 us-gaap Costs And Expenses
CostsAndExpenses
17209000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
52225000000 USD
CY2016Q3 us-gaap Costs And Expenses
CostsAndExpenses
16025000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
44255000000 USD
CY2015Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
61000000 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
219000000 USD
CY2016Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
128000000 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
359000000 USD
CY2015Q4 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
2180000000 USD
CY2016Q3 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
2230000000 USD
CY2015Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
12475000000 USD
CY2016Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
11077000000 USD
CY2015Q4 us-gaap Debt Current
DebtCurrent
29000000 USD
CY2016Q3 us-gaap Debt Current
DebtCurrent
28000000 USD
CY2015Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
499000000 USD
CY2016Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
465000000 USD
CY2015Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
735000000 USD
CY2016Q3 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
602000000 USD
CY2015Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
51000000 USD
CY2016Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
46000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
335000000 USD
CY2015Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3285000000 USD
CY2016Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3682000000 USD
CY2015Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
364000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1089000000 USD
CY2016Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
507000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1497000000 USD
CY2015Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
23000000 USD
CY2016Q3 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
35000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
444000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
530000000 USD
CY2015Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
13000000 USD
CY2016Q3 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
7000000 USD
CY2015Q4 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
1000000 USD
CY2016Q3 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
1000000 USD
CY2015Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
42000000 USD
CY2016Q3 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
40000000 USD
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.77
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.93
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.79
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.90
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
30000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.35
us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
54000000 USD
CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.35
CY2016Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.26
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.34
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
503000000 USD
CY2016Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
439000000 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3622000000 USD
CY2016Q3 us-gaap Equity Method Investments
EquityMethodInvestments
3554000000 USD
CY2015Q3 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
1988000000 USD
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
5759000000 USD
CY2016Q3 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
1914000000 USD
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
5633000000 USD
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-5000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-23000000 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-6000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-33000000 USD
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
189000000 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
200000000 USD
CY2014Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
478000000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
307000000 USD
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
312000000 USD
CY2015Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
342000000 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
171000000 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
176000000 USD
CY2015Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
0 USD
CY2016Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-1000000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
1000000 USD
CY2015Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
2000000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
6000000 USD
CY2016Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1000000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
26000000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
4019000000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
3648000000 USD
CY2015Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
144000000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
144000000 USD
CY2016Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
130000000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-241000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1479000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4139000000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
294000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1405000000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
58000000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-208000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-236000000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-8000000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-435000000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
521000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1439000000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
481000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1286000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
28000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1707000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
237000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-931000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
209000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-86000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-71000000 USD
CY2015Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
70000000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
215000000 USD
CY2016Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
141000000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
420000000 USD
CY2015Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
11000000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
27000000 USD
CY2016Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
15000000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
47000000 USD
CY2015Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
77000000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
226000000 USD
CY2016Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
153000000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
455000000 USD
us-gaap Interest Paid Net
InterestPaidNet
262000000 USD
us-gaap Interest Paid Net
InterestPaidNet
400000000 USD
CY2015Q3 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
0 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
0 USD
CY2016Q3 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
0 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-370000000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
5225000000 USD
CY2016Q3 us-gaap Inventory Net
InventoryNet
5524000000 USD
CY2015Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
370000000 USD
CY2016Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
0 USD
CY2015Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000 USD
CY2016Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
23440000000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
22336000000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
43115000000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
43293000000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
6345000000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
6340000000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
11896000000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
10538000000 USD
us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
521000000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
6438000000 USD
CY2016Q3 us-gaap Minority Interest
MinorityInterest
6562000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
29000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
380000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1275000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1196000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1428000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2217000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3253000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2995000000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
948000000 USD
us-gaap Net Income Loss
NetIncomeLoss
2665000000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
145000000 USD
us-gaap Net Income Loss
NetIncomeLoss
947000000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
10000000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
35000000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
58000000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-48000000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
16000000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
25000000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
947000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2662000000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
145000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
946000000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
947000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2662000000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
145000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
946000000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
2700000000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
899000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 reporting_unit
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1549000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
4354000000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
435000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1825000000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
192000000 USD
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
176000000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
839000000 USD
us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
1000000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
849000000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-38000000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-37000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-6000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-7000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-45000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-29000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
4000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2015Q3 us-gaap Other Financial Services Costs
OtherFinancialServicesCosts
6000000 USD
us-gaap Other Financial Services Costs
OtherFinancialServicesCosts
21000000 USD
CY2016Q3 us-gaap Other Financial Services Costs
OtherFinancialServicesCosts
6000000 USD
us-gaap Other Financial Services Costs
OtherFinancialServicesCosts
17000000 USD
CY2015Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
438000000 USD
CY2016Q3 us-gaap Other Inventory Supplies
OtherInventorySupplies
442000000 USD
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
426000000 USD
CY2016Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
326000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-55000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-61000000 USD
CY2015Q3 us-gaap Other Operating Income
OtherOperatingIncome
17000000 USD
us-gaap Other Operating Income
OtherOperatingIncome
71000000 USD
CY2016Q3 us-gaap Other Operating Income
OtherOperatingIncome
49000000 USD
us-gaap Other Operating Income
OtherOperatingIncome
106000000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
5000000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
0 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
5000000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
0 USD
us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
984000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-52000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-62000000 USD
CY2015Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
156000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
773000000 USD
CY2016Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
51000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
177000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
443000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
529000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1277000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2147000000 USD
us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
221000000 USD
us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
240000000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
29000000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
389000000 USD
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1179000000 USD
CY2016Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1174000000 USD
CY2016Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
4000000 USD
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
20000000 USD
us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
1063000000 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
499000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
29000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
528000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
714000000 USD
us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
0 USD
us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
984000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
25000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-19000000 USD
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
14000000 USD
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
88000000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
958000000 USD
us-gaap Profit Loss
ProfitLoss
2700000000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
219000000 USD
us-gaap Profit Loss
ProfitLoss
924000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
35604000000 USD
CY2016Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
37526000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25164000000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25697000000 USD
CY2015Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
70000000 USD
CY2016Q3 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
62000000 USD
CY2015Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
0 USD
CY2016Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
1000000000 USD
CY2015Q3 us-gaap Refining And Marketing Costs
RefiningAndMarketingCosts
14165000000 USD
us-gaap Refining And Marketing Costs
RefiningAndMarketingCosts
43575000000 USD
CY2016Q3 us-gaap Refining And Marketing Costs
RefiningAndMarketingCosts
12944000000 USD
us-gaap Refining And Marketing Costs
RefiningAndMarketingCosts
35475000000 USD
CY2015Q3 us-gaap Refining And Marketing Revenue
RefiningAndMarketingRevenue
18716000000 USD
us-gaap Refining And Marketing Revenue
RefiningAndMarketingRevenue
56444000000 USD
CY2016Q3 us-gaap Refining And Marketing Revenue
RefiningAndMarketingRevenue
16618000000 USD
us-gaap Refining And Marketing Revenue
RefiningAndMarketingRevenue
46184000000 USD
CY2015Q3 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
1000000 USD
us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
1000000 USD
CY2016Q3 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
12000000 USD
us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
31000000 USD
CY2015Q3 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
61000000 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
219000000 USD
CY2016Q3 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
128000000 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
359000000 USD
us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
0 USD
us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
1063000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
433000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
2112000000 USD
CY2015Q4 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
173000000 USD
CY2016Q3 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
163000000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
9752000000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
10169000000 USD
CY2015Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1000000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
4000000 USD
CY2016Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2000000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
5000000 USD
CY2015Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
460000000 USD
CY2016Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
329000000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
392000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1143000000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
420000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1199000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
499000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
18000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1000000 USD
CY2016Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
2580000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
13237000000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
13395000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11390000000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12925000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19675000000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19957000000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
4000000 USD
CY2015Q3 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
95000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
296000000 USD
CY2016Q3 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
112000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
332000000 USD
us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-9000000 USD
CY2015Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
50.86
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
49.97
CY2016Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
42.76
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
41.14
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
544000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
538000000 shares
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 USD
CY2015Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
1000000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
3000000 USD
CY2016Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
198000000 shares
CY2016Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
203000000 shares
CY2015Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3000000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
15000000 shares
CY2016Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1000000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4000000 shares
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
7275000000 USD
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
7459000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
773000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
177000000 USD
CY2015Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3000000 USD
CY2016Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-9000000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-6000000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6000000 USD
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000000 shares
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
530000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
531000000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
535000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
540000000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
527000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
528000000 shares
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Not Yet Adopted</font></div><div style="line-height:120%;padding-top:4px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2016, the FASB issued an accounting standard update related to the classification of certain cash flows. This accounting standard update provides classification solutions for eight different cash flow items including: debt prepayment/extinguishment costs, settlement of zero-coupon bonds, contingent consideration payments made after a business combination, proceeds from settlement of insurance claims, proceeds from settlement of corporate-owned life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions, and separately identifiable cash flows and application of the predominance principle. The change is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years, with early adoption permitted. We do not expect application of this accounting standard update to have a material impact on our statement of cash flows.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued an accounting standard update related to the accounting for credit losses on certain financial instruments.&#160;The guidance requires that for most financial assets, losses be based on an expected loss approach which includes estimates of losses over the life of exposure that considers historical, current and forecasted information.&#160;Expanded disclosures related to the methods used to estimate the losses as well as a specific disaggregation of balances for financial assets are also required.&#160;The change is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, with early adoption permitted for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. We do not expect application of this accounting standard update to have a material impact on our consolidated financial statements. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued an accounting standard update to simplify some provisions in stock compensation accounting. The areas for simplification involve the accounting for share-based payment transactions, including income tax consequences, classification of awards as either equity or liabilities and classification within the statement of cash flows. This change will be effective for fiscal years beginning after December 15, 2016, and interim periods within those years. Early adoption is permitted. We do not expect application of this accounting standard update to have a material impact on our consolidated financial statements. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued an accounting standard update eliminating the requirement that an investor retrospectively apply equity method accounting when an investment that it had accounted for by another method initially qualifies for the equity method. This change will be effective for fiscal years beginning after December 15, 2016, and interim periods within those years. The guidance will be applied prospectively and early adoption is permitted. We do not expect application of this accounting standard update to have a material impact on our consolidated financial statements. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued an accounting standard update on lease accounting. This accounting standard update requires lessees to record virtually all leases on their balance sheets. The accounting standard update also requires expanded disclosures to help financial statement users better understand the amount, timing and uncertainty of cash flows arising from leases. The change will be effective on a modified retrospective basis for fiscal years beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. We are in the process of determining the impact of the accounting standard update on our consolidated financial statements.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2016, the FASB issued an accounting standard update requiring unconsolidated equity investments, not accounted for under the equity method, to be measured at fair value with changes in fair value recognized in net income. The accounting standard update also requires the use of the exit price notion when measuring the fair value of financial instruments for disclosure purposes and the separate presentation of financial assets and liabilities by measurement category and form on the balance sheet and accompanying notes. The accounting standard update eliminates the requirement to disclose the methods and assumptions used in estimating the fair value of financial instruments measured at amortized cost. Lastly, the accounting standard update requires separate presentation in other comprehensive income of the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when electing to measure the liability at fair value in accordance with the fair value option for financial instruments. The changes are effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2017. Early adoption is permitted only for the guidance regarding presentation of a liability&#8217;s credit risk. We do not expect application of this accounting standard update to have a material impact on our consolidated financial statements. </font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2014, the FASB issued an accounting standard update requiring management to assess an entity&#8217;s ability to continue as a going concern and to provide related footnote disclosures in certain circumstances. Management will be required to assess if there is substantial doubt about an entity&#8217;s ability to continue as a going concern within one year after the issuance of the financial statements. Disclosures will be required if conditions give rise to substantial doubt and the type of disclosure will be determined based on whether management&#8217;s plans will be able to alleviate the substantial doubt. The change will be effective for the first fiscal period ending after December 15, 2016, and for fiscal periods and interim periods thereafter with early application permitted. We do not expect application of this accounting standard update to have an impact on our disclosures. </font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued an accounting standard update for revenue recognition for contracts with customers. The guidance in the accounting standard update states that revenue is recognized when a customer obtains control of a good or service. Recognition of the revenue will involve a multiple step approach including identifying the contract, identifying the separate performance obligations, determining the transaction price, allocating the price to the performance obligations and then recognizing the revenue as the obligations are satisfied. Additional disclosures will be required to provide adequate information to understand the nature, amount, timing and uncertainty of reported revenues and revenues expected to be recognized. The change will be effective on a retrospective or modified retrospective basis for fiscal years beginning after December 15, 2017, and interim periods within those years, with early adoption permitted, no earlier than January 1, 2017. We are in the process of determining the impact of the accounting standard update on our consolidated financial statements.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These interim consolidated financial statements are unaudited; however, in the opinion of our management, these statements reflect all adjustments necessary for a fair statement of the results for the periods reported. All such adjustments are of a normal, recurring nature unless otherwise disclosed. These interim consolidated financial statements, including the notes, have been prepared in accordance with the rules of the SEC applicable to interim period financial statements and do not include all of the information and disclosures required by U.S. GAAP for complete financial statements.</font></div></div>

Files In Submission

Name View Source Status
0001510295-16-000139-index-headers.html Edgar Link pending
0001510295-16-000139-index.html Edgar Link pending
0001510295-16-000139.txt Edgar Link pending
0001510295-16-000139-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
mpc-20160930.xml Edgar Link completed
mpc-20160930.xsd Edgar Link pending
mpc-20160930x10q.htm Edgar Link pending
mpc-20160930xex311.htm Edgar Link pending
mpc-20160930xex312.htm Edgar Link pending
mpc-20160930xex321.htm Edgar Link pending
mpc-20160930xex322.htm Edgar Link pending
mpc-20160930_cal.xml Edgar Link unprocessable
mpc-20160930_def.xml Edgar Link unprocessable
mpc-20160930_lab.xml Edgar Link unprocessable
mpc-20160930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R113.htm Edgar Link pending
R114.htm Edgar Link pending
R115.htm Edgar Link pending
R116.htm Edgar Link pending
R117.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending