2018 Q2 Form 10-Q Financial Statement

#000151029518000135 Filed on August 06, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $22.32B $18.18B
YoY Change 22.76% 8.14%
Cost Of Revenue $19.66B $16.10B
YoY Change 22.07% 8.48%
Gross Profit $2.662B $2.079B
YoY Change 28.04% 6.72%
Gross Profit Margin 11.93% 11.44%
Selling, General & Admin $424.0M $485.0M
YoY Change -12.58% 20.95%
% of Gross Profit 15.93% 23.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $533.0M $521.0M
YoY Change 2.3% 4.2%
% of Gross Profit 20.02% 25.06%
Operating Expenses $424.0M $485.0M
YoY Change -12.58% 20.95%
Operating Profit $1.711B $982.0M
YoY Change 74.24% -25.32%
Interest Expense -$244.0M -$158.0M
YoY Change 54.43% 15.33%
% of Operating Profit -14.26% -16.09%
Other Income/Expense, Net -$7.000M -$7.000M
YoY Change 0.0% 40.0%
Pretax Income $1.516B $824.0M
YoY Change 83.98% -30.05%
Income Tax $281.0M $250.0M
% Of Pretax Income 18.54% 30.34%
Net Earnings $1.055B $483.0M
YoY Change 118.43% -39.7%
Net Earnings / Revenue 4.73% 2.66%
Basic Earnings Per Share $2.30 $0.94
Diluted Earnings Per Share $2.27 $0.93
COMMON SHARES
Basic Shares Outstanding 459.0M shares 513.0M shares
Diluted Shares Outstanding 464.0M shares 517.0M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.999B $1.450B
YoY Change 244.76% -17.33%
Cash & Equivalents $4.999B $1.450B
Short-Term Investments
Other Short-Term Assets $145.0M $186.0M
YoY Change -22.04% 30.99%
Inventory $5.485B $5.548B
Prepaid Expenses
Receivables $4.919B $3.259B
Other Receivables $0.00 $0.00
Total Short-Term Assets $15.55B $10.44B
YoY Change 48.88% 1.35%
LONG-TERM ASSETS
Property, Plant & Equipment $26.93B $25.79B
YoY Change 4.44% 1.07%
Goodwill $3.586B $3.586B
YoY Change 0.0% -1.7%
Intangibles
YoY Change
Long-Term Investments $4.838B $4.823B
YoY Change 0.31% 27.16%
Other Assets $833.0M $809.0M
YoY Change 2.97% -7.65%
Total Long-Term Assets $36.19B $35.00B
YoY Change 3.38% 3.47%
TOTAL ASSETS
Total Short-Term Assets $15.55B $10.44B
Total Long-Term Assets $36.19B $35.00B
Total Assets $51.74B $45.45B
YoY Change 13.84% 2.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.113B $5.307B
YoY Change 52.87% 1.78%
Accrued Expenses $432.0M $869.0M
YoY Change -50.29% 2.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $26.00M $29.00M
YoY Change -10.34% 7.41%
Total Short-Term Liabilities $9.715B $6.758B
YoY Change 43.76% -0.35%
LONG-TERM LIABILITIES
Long-Term Debt $17.24B $12.58B
YoY Change 37.08% 14.0%
Other Long-Term Liabilities $1.815B $1.625B
YoY Change 11.69% -13.15%
Total Long-Term Liabilities $19.06B $14.20B
YoY Change 34.18% 10.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.715B $6.758B
Total Long-Term Liabilities $19.06B $14.20B
Total Liabilities $31.92B $24.88B
YoY Change 28.26% 7.23%
SHAREHOLDERS EQUITY
Retained Earnings $13.59B $10.34B
YoY Change 31.37% 1.26%
Common Stock $13.70B $11.19B
YoY Change 22.36% 1.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.09B $8.664B
YoY Change 39.58% 16.97%
Treasury Stock Shares 279.0M shares 226.0M shares
Shareholders Equity $14.96B $12.64B
YoY Change
Total Liabilities & Shareholders Equity $51.74B $45.45B
YoY Change 13.84% 2.98%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $1.055B $483.0M
YoY Change 118.43% -39.7%
Depreciation, Depletion And Amortization $533.0M $521.0M
YoY Change 2.3% 4.2%
Cash From Operating Activities $2.386B $854.0M
YoY Change 179.39% -62.26%
INVESTING ACTIVITIES
Capital Expenditures -$711.0M -$655.0M
YoY Change 8.55% -4.52%
Acquisitions
YoY Change
Other Investing Activities -$29.00M -$4.000M
YoY Change 625.0% -95.18%
Cash From Investing Activities -$740.0M -$659.0M
YoY Change 12.29% -14.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $885.0M $750.0M
YoY Change 18.0% 1370.59%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.299B -910.0M
YoY Change 42.75% 1795.83%
NET CHANGE
Cash From Operating Activities 2.386B 854.0M
Cash From Investing Activities -740.0M -659.0M
Cash From Financing Activities -1.299B -910.0M
Net Change In Cash 347.0M -715.0M
YoY Change -148.53% -149.45%
FREE CASH FLOW
Cash From Operating Activities $2.386B $854.0M
Capital Expenditures -$711.0M -$655.0M
Free Cash Flow $3.097B $1.509B
YoY Change 105.24% -48.83%

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 Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001510295
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
451004632 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Marathon Petroleum Corp
dei Trading Symbol
TradingSymbol
MPC
CY2017Q2 mpc Capital Expenditure
CapitalExpenditure
673000000 USD
mpc Capital Expenditure
CapitalExpenditure
1432000000 USD
CY2018Q2 mpc Capital Expenditure
CapitalExpenditure
841000000 USD
mpc Capital Expenditure
CapitalExpenditure
1548000000 USD
CY2017Q2 mpc Capital Expenditures And Investments
CapitalExpendituresAndInvestments
784000000 USD
mpc Capital Expenditures And Investments
CapitalExpendituresAndInvestments
2109000000 USD
CY2018Q2 mpc Capital Expenditures And Investments
CapitalExpendituresAndInvestments
918000000 USD
mpc Capital Expenditures And Investments
CapitalExpendituresAndInvestments
1666000000 USD
mpc Capital Expenditures Excluding Acquisitions
CapitalExpendituresExcludingAcquisitions
1212000000 USD
mpc Capital Expenditures Excluding Acquisitions
CapitalExpendituresExcludingAcquisitions
1548000000 USD
CY2017Q2 mpc Comprehensive Income Loss Netof Tax Attributableto Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest
74000000 USD
mpc Comprehensive Income Loss Netof Tax Attributableto Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest
129000000 USD
CY2018Q2 mpc Comprehensive Income Loss Netof Tax Attributableto Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest
160000000 USD
mpc Comprehensive Income Loss Netof Tax Attributableto Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest
342000000 USD
CY2017Q2 mpc Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
17000000 USD
mpc Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
33000000 USD
CY2018Q2 mpc Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
20000000 USD
mpc Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
36000000 USD
CY2017Q2 mpc Consolidated Refined Product Sales Volumes
ConsolidatedRefinedProductSalesVolumes
2370000
mpc Consolidated Refined Product Sales Volumes
ConsolidatedRefinedProductSalesVolumes
2228000
CY2018Q2 mpc Consolidated Refined Product Sales Volumes
ConsolidatedRefinedProductSalesVolumes
2404000
mpc Consolidated Refined Product Sales Volumes
ConsolidatedRefinedProductSalesVolumes
2340000
CY2017Q4 mpc Energy Related Inventory Refined Products
EnergyRelatedInventoryRefinedProducts
2839000000 USD
CY2018Q2 mpc Energy Related Inventory Refined Products
EnergyRelatedInventoryRefinedProducts
2811000000 USD
mpc Impactof Subsidiary Equity Transactions
ImpactofSubsidiaryEquityTransactions
393000000 USD
mpc Impactof Subsidiary Equity Transactions
ImpactofSubsidiaryEquityTransactions
-546000000 USD
mpc Increase Decrease In Accrual For Capital Expenditures
IncreaseDecreaseInAccrualForCapitalExpenditures
-54000000 USD
mpc Increase Decrease In Accrual For Capital Expenditures
IncreaseDecreaseInAccrualForCapitalExpenditures
77000000 USD
CY2018Q2 mpc Matching Buy Sell Receivables
MatchingBuySellReceivables
1500000000 USD
mpc Numberof Refineries
NumberofRefineries
6 refinery
CY2017Q2 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax
6000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax
13000000 USD
CY2018Q2 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax
7000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax
14000000 USD
CY2017Q2 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax
4000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax
8000000 USD
CY2018Q2 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax
2000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Prior Service Cost Credit Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax
4000000 USD
CY2017Q2 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax
7000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax
11000000 USD
CY2018Q2 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax
7000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Netof Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax
14000000 USD
CY2017Q2 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax
4000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax
7000000 USD
CY2018Q2 mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax
2000000 USD
mpc Other Comprehensive Income Loss Pensionand Other Postretirement Benefit Plans Net Unamortized Gain Loss Adjustment Tax
OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax
5000000 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 For Workers Compensation
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWorkersCompensation
2000000 USD
mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Settlement Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociPensionAndOtherPostretirementBenefitPlansForSettlementGainLossBeforeTax
-1000000 USD
mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Settlement Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociPensionAndOtherPostretirementBenefitPlansForSettlementGainLossBeforeTax
-2000000 USD
CY2017Q2 mpc Other Comprehensive Income Other Tax
OtherComprehensiveIncomeOtherTax
0 USD
mpc Other Comprehensive Income Other Tax
OtherComprehensiveIncomeOtherTax
0 USD
CY2018Q2 mpc Other Comprehensive Income Other Tax
OtherComprehensiveIncomeOtherTax
0 USD
mpc Other Comprehensive Income Other Tax
OtherComprehensiveIncomeOtherTax
-1000000 USD
mpc Payments To Acquire Businesses Excluding Inventories Including Contingent Consideration And Liabilities Assumed
PaymentsToAcquireBusinessesExcludingInventoriesIncludingContingentConsiderationAndLiabilitiesAssumed
220000000 USD
mpc Payments To Acquire Businesses Excluding Inventories Including Contingent Consideration And Liabilities Assumed
PaymentsToAcquireBusinessesExcludingInventoriesIncludingContingentConsiderationAndLiabilitiesAssumed
0 USD
mpc Pensionand Other Postretirement Benefit Net
PensionandOtherPostretirementBenefitNet
-59000000 USD
mpc Pensionand Other Postretirement Benefit Net
PensionandOtherPostretirementBenefitNet
65000000 USD
mpc Retirement Expenditures
RetirementExpenditures
1000000 USD
mpc Retirement Expenditures
RetirementExpenditures
5000000 USD
CY2017Q2 mpc Revenues And Other Income
RevenuesAndOtherIncome
18354000000 USD
mpc Revenues And Other Income
RevenuesAndOtherIncome
34747000000 USD
CY2018Q2 mpc Revenues And Other Income
RevenuesAndOtherIncome
22445000000 USD
mpc Revenues And Other Income
RevenuesAndOtherIncome
41429000000 USD
CY2018Q2 mpc Undivided Joint Interest
UndividedJointInterest
155000000 USD
CY2018Q2 mpc Undivided Joint Interest Ownership Percentage
UndividedJointInterestOwnershipPercentage
0.33
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
8297000000 USD
CY2018Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
8113000000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4695000000 USD
CY2018Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4919000000 USD
CY2017Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
114000000 USD
CY2018Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
108000000 USD
CY2017Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
670000000 USD
CY2018Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
713000000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14095000000 USD
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15054000000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-234000000 USD
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-236000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-231000000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-233000000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
11262000000 USD
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
13688000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11000000 USD
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
10000000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
30000000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
35000000 USD
CY2017Q4 us-gaap Assets
Assets
49047000000 USD
CY2018Q2 us-gaap Assets
Assets
51736000000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
13401000000 USD
CY2018Q2 us-gaap Assets Current
AssetsCurrent
15548000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3011000000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4999000000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
892000000 USD
CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1454000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3015000000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5004000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
562000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1989000000 USD
CY2018Q2 us-gaap Commercial Paper
CommercialPaper
0 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.72
CY2018Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.46
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.92
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
734000000 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
735000000 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
484000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
511000000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1055000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1090000000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
575000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
673000000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1235000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1468000000 USD
us-gaap Contribution Of Property
ContributionOfProperty
337000000 USD
us-gaap Contribution Of Property
ContributionOfProperty
0 USD
CY2017Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
16101000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
31047000000 USD
CY2018Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
19517000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
36887000000 USD
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
17372000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
33474000000 USD
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
20734000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
39278000000 USD
CY2017Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
150000000 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
272000000 USD
CY2018Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
138000000 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
279000000 USD
CY2017Q4 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
2056000000 USD
CY2018Q2 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
2059000000 USD
CY2017Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
64000000 USD
CY2017Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
13418000000 USD
CY2018Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
17801000000 USD
CY2017Q4 us-gaap Debt Current
DebtCurrent
624000000 USD
CY2018Q2 us-gaap Debt Current
DebtCurrent
26000000 USD
CY2018Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
427000000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
413000000 USD
CY2018Q2 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
659000000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
59000000 USD
CY2018Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
107000000 USD
CY2017Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
666000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2000000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2654000000 USD
CY2018Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3144000000 USD
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
521000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1057000000 USD
CY2018Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
533000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1061000000 USD
CY2017Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
8000000 USD
CY2018Q2 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
37000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
375000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
430000000 USD
CY2017Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
36000000 USD
CY2018Q2 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
38000000 USD
CY2017Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
69000000 USD
CY2018Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
56000000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.94
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.99
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.34
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.93
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.31
us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
0 USD
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.30
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.30
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.19
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.17
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
0.21
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
591000000 USD
CY2018Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
432000000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
136000000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
217000000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
4787000000 USD
CY2018Q2 us-gaap Equity Method Investments
EquityMethodInvestments
4838000000 USD
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
2000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
14000000 USD
CY2018Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-12000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-9000000 USD
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
131000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
131000000 USD
CY2018Q2 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
0 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
190000000 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
175000000 USD
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
41000000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
66000000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
60000000 USD
CY2018Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
68000000 USD
CY2017Q2 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
-4000000 USD
CY2018Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-4000000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-7000000 USD
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
7000000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
12000000 USD
CY2018Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
3000000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
5000000 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
3586000000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
3586000000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
824000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
966000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1516000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1773000000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
83000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
140000000 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
80000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
166000000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
250000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
291000000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
281000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
303000000 USD
CY2018Q2 us-gaap Income Tax Receivable
IncomeTaxReceivable
117000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
198000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
40000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-208000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-231000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-344000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
225000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-107000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-66000000 USD
CY2017Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
158000000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
5000000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
336000000 USD
CY2018Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
229000000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
307000000 USD
CY2018Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
195000000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
378000000 USD
CY2017Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
18000000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
33000000 USD
CY2018Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
16000000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
34000000 USD
CY2017Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
173000000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
442000000 USD
CY2017Q2 us-gaap Interest Expense Other
InterestExpenseOther
7000000 USD
us-gaap Interest Expense Other
InterestExpenseOther
13000000 USD
CY2018Q2 us-gaap Interest Expense Other
InterestExpenseOther
7000000 USD
us-gaap Interest Expense Other
InterestExpenseOther
11000000 USD
us-gaap Interest Paid Net
InterestPaidNet
231000000 USD
us-gaap Interest Paid Net
InterestPaidNet
279000000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
5550000000 USD
CY2018Q2 us-gaap Inventory Net
InventoryNet
5485000000 USD
CY2017Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
4000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
9000000 USD
CY2018Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
25000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
45000000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
27219000000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
31915000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
49047000000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
51736000000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
10478000000 USD
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
9715000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
12322000000 USD
CY2018Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
17241000000 USD
us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
901000000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
6795000000 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
3860000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
291000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
361000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
613000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1258000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2012000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1518000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1961000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2249000000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
483000000 USD
us-gaap Net Income Loss
NetIncomeLoss
513000000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
1055000000 USD
us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
0 USD
us-gaap Net Income Loss
NetIncomeLoss
1092000000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
74000000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
129000000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
160000000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
342000000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
17000000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
33000000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
20000000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
36000000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
483000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
513000000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1054000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1091000000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
483000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
513000000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1054000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1091000000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
642000000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
1434000000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
128000000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
5000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
982000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1273000000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1711000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2151000000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
145000000 USD
CY2018Q2 us-gaap Other Assets Current
OtherAssetsCurrent
145000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
830000000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
833000000 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
-21000000 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
-18000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-1000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-17000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-17000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
0 USD
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
0 USD
CY2018Q2 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
0 USD
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-2000000 USD
CY2017Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
494000000 USD
CY2018Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
455000000 USD
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
296000000 USD
CY2018Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
431000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-51000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-41000000 USD
CY2017Q2 us-gaap Other Operating Income
OtherOperatingIncome
84000000 USD
us-gaap Other Operating Income
OtherOperatingIncome
127000000 USD
CY2018Q2 us-gaap Other Operating Income
OtherOperatingIncome
45000000 USD
us-gaap Other Operating Income
OtherOperatingIncome
75000000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
89000000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-89000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-37000000 USD
CY2017Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
750000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1170000000 USD
CY2018Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
885000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2212000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
21000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
53000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
376000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
430000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
220000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1265000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1466000000 USD
us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
677000000 USD
us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
118000000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
324000000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
394000000 USD
CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1099000000 USD
CY2018Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1156000000 USD
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
24000000 USD
us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
15000000 USD
us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
300000000 USD
us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
0 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
434000000 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
21000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
2241000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
9610000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-17000000 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
37000000 USD
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
14000000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
128000000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
574000000 USD
us-gaap Profit Loss
ProfitLoss
675000000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
1235000000 USD
us-gaap Profit Loss
ProfitLoss
1470000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
40538000000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
41985000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26443000000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26931000000 USD
CY2017Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
45000000 USD
CY2018Q2 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
48000000 USD
CY2016Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
1000000000 USD
CY2017Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
1000000000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
1000000000 USD
CY2018Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
1003000000 USD
CY2017Q2 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
15000000 USD
us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
26000000 USD
CY2018Q2 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
14000000 USD
us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
27000000 USD
CY2017Q2 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
150000000 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
272000000 USD
CY2018Q2 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
138000000 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
279000000 USD
us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
300000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
213000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
5270000000 USD
CY2017Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
4000000 USD
CY2018Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
5000000 USD
CY2017Q4 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
161000000 USD
CY2018Q2 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
160000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
12864000000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
13589000000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22118000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40812000000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
18033000000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
34167000000 USD
CY2017Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
147000000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
301000000 USD
CY2018Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
199000000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
371000000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
485000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
875000000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
424000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
826000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
36000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
38000000 USD
CY2018Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
5980000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
14033000000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
14958000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20203000000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19564000000 USD
CY2018Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20828000000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
18818000000 USD
CY2017Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
115000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
223000000 USD
CY2018Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
122000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
225000000 USD
us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-33000000 USD
us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-33000000 USD
CY2017Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
52.35
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
51.53
CY2018Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
76.30
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
71.58
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
248000000 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
279000000 shares
CY2017Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
14000000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
23000000 shares
CY2018Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
12000000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
31000000 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
9869000000 USD
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
12093000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1170000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2212000000 USD
CY2017Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 USD
CY2017Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2018Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
1000000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
1000000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-59000000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1000000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
21000000 USD
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000000 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
517000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
523000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
464000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
472000000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
513000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
519000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
459000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
467000000 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-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;font-style:italic;font-weight:bold;">ASU 2018-02, Reporting Comprehensive Income - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income </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 February 2018, the FASB issued an accounting standards update allowing an entity the choice to reclassify to retained earnings the tax effects related to the TCJA that are stranded in accumulated other comprehensive income. We do not expect adoption of this standard to have a material impact on our financial statements. The amendment is effective beginning in 2019 with early adoption permitted.&#160; </font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">ASU 2017-12, Derivatives and Hedging - Targeted Improvements to Accounting for Hedging Activities</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 2017, the FASB issued an accounting standards update to amend the hedge accounting rules to simplify the application of hedge accounting guidance and better portray the economic results of risk management activities in the financial statements. The guidance expands the ability to hedge nonfinancial and financial risk components, reduces complexity in fair value hedges of interest rate risk, eliminates the requirement to separately measure and report hedge ineffectiveness and eases certain hedge effectiveness assessment requirements. The guidance is effective beginning in 2019 with early adoption permitted. We are currently evaluating the impact of this guidance, including transition elections and required disclosures, on our financial statements and the timing of adoption. However, since we have not historically designated our commodity derivatives as hedges, we do not expect the adoption of this accounting standards 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;font-style:italic;font-weight:bold;">ASU 2017-04, Intangibles - Goodwill and Other - Simplifying the Test for Goodwill Impairment</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 January 2017, the FASB issued an accounting standards update which simplifies the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. Under the new guidance, the recognition of an impairment charge is calculated based on the amount by which the carrying amount exceeds the reporting unit&#8217;s fair value, which could be different from the amount calculated under the current method using the implied fair value of the goodwill; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The guidance should be applied on a prospective basis, and is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">ASU 2016-13, Credit Losses - Measurement of Credit Losses on Financial Instruments</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 June 2016, the FASB issued an accounting standards 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 standards 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;font-style:italic;font-weight:bold;">ASU 2016-02, Leases</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> </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 February 2016, the FASB issued an accounting standards update requiring lessees to record virtually all leases on their balance sheets. The accounting standards update also requires expanded disclosures to help financial statement users better understand the amount, timing and uncertainty of cash flows arising from leases. For lessors, this amended guidance modifies the classification criteria and the accounting for sales-type and direct financing 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 continue to evaluate the impact of this standard on our financial statements and disclosures, internal controls and accounting policies. This evaluation process includes reviewing all forms of leases, performing a completeness assessment over the lease population and analyzing the practical expedients in order to determine the best path of implementing changes to existing processes and controls. We are implementing a third-party supported lease accounting information system to account for our lease population in accordance with this new standard and establishing internal controls over the new system. We believe the adoption of the standard will have a material impact on our consolidated financial statements as virtually all leases will be recognized as a right of use asset and lease obligation.</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 GAAP for complete financial statements.</font></div></div>

Files In Submission

Name View Source Status
0001510295-18-000135-index-headers.html Edgar Link pending
0001510295-18-000135-index.html Edgar Link pending
0001510295-18-000135.txt Edgar Link pending
0001510295-18-000135-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
mpc-20180630.xml Edgar Link completed
mpc-20180630.xsd Edgar Link pending
mpc-20180630x10q.htm Edgar Link pending
mpc-20180630xex311.htm Edgar Link pending
mpc-20180630xex312.htm Edgar Link pending
mpc-20180630xex32.htm Edgar Link pending
mpc-20180630xex321.htm Edgar Link pending
mpc-20180630xex322.htm Edgar Link pending
mpc-20180630_cal.xml Edgar Link unprocessable
mpc-20180630_def.xml Edgar Link unprocessable
mpc-20180630_lab.xml Edgar Link unprocessable
mpc-20180630_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
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