2019 Q4 Form 10-K Financial Statement

#000151029520000006 Filed on February 28, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $31.09B $31.04B $33.55B
YoY Change -3.84% 35.04% 50.32%
Cost Of Revenue $24.60B $24.35B $29.68B
YoY Change 27.64% 18.15% 51.02%
Gross Profit $3.480B $6.698B $3.865B
YoY Change 26.41% 181.19% 45.19%
Gross Profit Margin 11.19% 21.58% 11.52%
Selling, General & Admin $933.0M $761.0M $886.0M
YoY Change -12.23% 71.01% 108.96%
% of Gross Profit 26.81% 11.36% 22.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $978.0M $761.0M $886.0M
YoY Change 11.9% 37.12% 66.23%
% of Gross Profit 28.1% 11.36% 22.92%
Operating Expenses $1.783B $761.0M $886.0M
YoY Change 10.27% 71.01% 108.96%
Operating Profit $558.0M $1.680B $1.698B
YoY Change -72.34% 19.74% -0.76%
Interest Expense -$295.0M -$293.0M -$304.0M
YoY Change -4.53% 14.9% 24.59%
% of Operating Profit -52.87% -17.44% -17.9%
Other Income/Expense, Net -$2.000M -$19.00M -$10.00M
YoY Change -66.67% -64.81% 42.86%
Pretax Income $261.0M $1.368B $1.720B
YoY Change -65.7% 17.63% 13.46%
Income Tax $184.0M $255.0M $353.0M
% Of Pretax Income 70.5% 18.64% 20.52%
Net Earnings $443.0M $1.095B $1.106B
YoY Change -53.42% 48.58% 4.83%
Net Earnings / Revenue 1.42% 3.53% 3.3%
Basic Earnings Per Share $0.68 $1.67 $1.67
Diluted Earnings Per Share $0.68 $1.66 $1.66
COMMON SHARES
Basic Shares Outstanding 649.3M shares 656.0M shares 662.0M shares
Diluted Shares Outstanding 660.0M shares 666.0M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.393B $1.525B $1.247B
YoY Change -17.43% -69.45% -75.06%
Cash & Equivalents $1.393B $1.525B $1.247B
Short-Term Investments
Other Short-Term Assets $893.0M $457.0M $458.0M
YoY Change 38.24% 241.04% 215.86%
Inventory $9.804B $9.696B $9.088B
Prepaid Expenses
Receivables $7.233B $7.461B $7.603B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $30.46B $19.14B $18.40B
YoY Change 69.0% 20.58% 18.32%
LONG-TERM ASSETS
Property, Plant & Equipment $40.87B $45.03B $45.34B
YoY Change -9.29% 62.48% 68.34%
Goodwill $15.65B $21.28B $20.28B
YoY Change -1.16% 473.04% 465.45%
Intangibles $2.806B
YoY Change -15.33%
Long-Term Investments $6.568B $6.725B $6.729B
YoY Change 11.36% 36.97% 39.09%
Other Assets $3.204B $3.442B $3.571B
YoY Change -15.17% 320.78% 328.69%
Total Long-Term Assets $68.10B $79.00B $78.50B
YoY Change -9.1% 112.61% 116.92%
TOTAL ASSETS
Total Short-Term Assets $30.46B $19.14B $18.40B
Total Long-Term Assets $68.10B $79.00B $78.50B
Total Assets $98.56B $98.14B $96.90B
YoY Change 6.04% 85.06% 87.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.22B $11.38B $10.91B
YoY Change 19.82% 41.97% 34.41%
Accrued Expenses $1.501B $1.525B $1.393B
YoY Change 30.3% 209.33% 222.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $704.0M $557.0M $554.0M
YoY Change 29.41% 2042.31% 2030.77%
Total Short-Term Liabilities $16.95B $15.34B $14.89B
YoY Change 28.24% 59.22% 53.27%
LONG-TERM LIABILITIES
Long-Term Debt $28.02B $28.28B $27.85B
YoY Change 3.85% 53.51% 61.55%
Other Long-Term Liabilities $4.089B $4.714B $4.852B
YoY Change 44.64% 171.86% 167.33%
Total Long-Term Liabilities $32.11B $33.00B $32.71B
YoY Change 7.72% 63.69% 71.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.95B $15.34B $14.89B
Total Long-Term Liabilities $32.11B $33.00B $32.71B
Total Liabilities $55.45B $54.52B $52.83B
YoY Change 15.79% 65.21% 65.53%
SHAREHOLDERS EQUITY
Retained Earnings $15.99B $15.89B $15.15B
YoY Change 8.37% 12.55% 11.46%
Common Stock $33.17B $33.14B $33.80B
YoY Change -1.7% 141.68% 146.77%
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.14B $15.08B $14.57B
YoY Change 14.94% 20.66% 20.51%
Treasury Stock Shares 329.0M shares 328.0M shares 318.0M shares
Shareholders Equity $33.69B $33.74B $34.21B
YoY Change
Total Liabilities & Shareholders Equity $98.56B $98.14B $96.90B
YoY Change 6.04% 85.06% 87.29%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $443.0M $1.095B $1.106B
YoY Change -53.42% 48.58% 4.83%
Depreciation, Depletion And Amortization $978.0M $761.0M $886.0M
YoY Change 11.9% 37.12% 66.23%
Cash From Operating Activities $2.409B $2.787B $2.622B
YoY Change -11.66% 135.79% 9.89%
INVESTING ACTIVITIES
Capital Expenditures -$1.551B -$1.404B -$1.178B
YoY Change 22.8% 65.37% 65.68%
Acquisitions
YoY Change
Other Investing Activities -$135.0M -$291.0M -$182.0M
YoY Change -96.16% -44.89% 527.59%
Cash From Investing Activities -$1.686B -$1.695B -$1.360B
YoY Change -64.69% 23.09% 83.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $500.0M $500.0M
YoY Change 25.0% -43.5%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -722.0M -813.0M -921.0M
YoY Change -40.92% -537.1% -29.1%
NET CHANGE
Cash From Operating Activities 2.409B 2.787B 2.622B
Cash From Investing Activities -1.686B -1.695B -1.360B
Cash From Financing Activities -722.0M -813.0M -921.0M
Net Change In Cash 1.000M 279.0M 341.0M
YoY Change -100.03% -3200.0% -1.73%
FREE CASH FLOW
Cash From Operating Activities $2.409B $2.787B $2.622B
Capital Expenditures -$1.551B -$1.404B -$1.178B
Free Cash Flow $3.960B $4.191B $3.800B
YoY Change -0.75% 106.35% 22.7%

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CY2018Q4 us-gaap Commitments And Contingencies
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CY2017 us-gaap Asset Impairment Charges
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CY2019 us-gaap Depreciation Depletion And Amortization
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CY2018 us-gaap Depreciation Depletion And Amortization
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CY2017 us-gaap Depreciation Depletion And Amortization
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127000000 USD
CY2018 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
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CY2018 us-gaap Stock Issued During Period Value Acquisitions
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1950000000 USD
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968000000 USD
CY2019Q4 mpc Capacity
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3000000
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16 refinery
CY2019Q4 mpc Numberofbrandedoutlets
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6900 Store
CY2019Q4 mpc Numberofretailtransportationfuelandconveniencestores
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3900 Store
CY2019Q4 mpc Numberofdirectdealerlocations
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1070 Store
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</span><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;padding-top:4px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the respective reporting periods.</span></div>
CY2019 us-gaap Revenue Recognition Sales Of Goods
RevenueRecognitionSalesOfGoods
<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue Recognition</span></div><div style="line-height:120%;padding-top:4px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We recognize revenue based on consideration specified in contracts or agreements with customers when we satisfy our performance obligations by transferring control over products or services to a customer. Concurrent with our adoption of ASU 2014-09, Revenue from Contracts with Customers (“ASC 606”), as of January 1, 2018, we made an accounting policy election that all taxes assessed by a governmental authority that are both imposed on and concurrent with a revenue-producing transaction and collected from our customers will be recognized on a net basis within sales and other operating revenues. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The adoption of ASC 606 did not materially change our revenue recognition patterns, which are described below by reportable segment:</span></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Refining &amp; Marketing - The vast majority of our Refining &amp; Marketing contracts contain pricing that is based on the market price for the product at the time of delivery. Our obligations to deliver product volumes are typically satisfied and revenue is recognized when control of the product transfers to our customers. Concurrent with the transfer of control, we typically receive the right to payment for the delivered product, the customer accepts the product and the customer has significant risks and rewards of ownership of the product. Payment terms require customers to pay shortly after delivery and do not contain significant financing components. </span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Retail - Revenue is recognized when our customers receive control of the transportation fuels or merchandise. Payments from customers are received at the time sales occur in cash or by credit or debit card at our company-owned and operated retail locations and shortly after delivery for our direct dealers. Speedway offers a loyalty rewards program to its customers. We defer a minor portion of revenue on sales to the loyalty program participants until the participants redeem their rewards. The related contract liability, as defined in ASC 606, is not material to our financial statements.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Midstream - Midstream revenue transactions typically are defined by contracts under which we sell a product or provide a service. Revenues from sales of product are recognized when control of the product transfers to the customer. Revenues from sales of services are recognized over time when the performance obligation is satisfied as services are provided in a series. We have elected to use the output measure of progress to recognize revenue based on the units delivered, processed or transported. The transaction prices in our Midstream contracts often have both fixed components, related to minimum volume commitments, and variable components, which are primarily dependent on volumes. Variable consideration will generally not be estimated at contract inception as the transaction price is specifically allocable to the services provided at each period end. </span></div></td></tr></table><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Refer to Note </span><span style="font-family:inherit;font-size:10pt;">20</span><span style="font-family:inherit;font-size:10pt;"> for disclosure of our revenue disaggregated by segment and product line and to Note </span><span style="font-family:inherit;font-size:10pt;">10</span><span style="font-family:inherit;font-size:10pt;"> for a description of our reportable segment operations.</span></div>
CY2019 mpc Accounts Receivable Number Of Days Past Due Evaluated For Doubtful Account
AccountsReceivableNumberOfDaysPastDueEvaluatedForDoubtfulAccount
P180D
CY2019 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Not Yet Adopted</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">ASU 2019-12, Income Taxes (Topic 740) - Simplifying the Accounting for Income Taxes</span></div><div style="line-height:120%;padding-top:4px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In December 2019, the FASB issued new guidance to simplify the accounting for income taxes. Amendments include removal of certain exceptions to the general principles of ASC 740 and simplification in several other areas such as accounting for a franchise tax or similar tax that is partially based on income. The change is effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Early adoption is permitted in any interim or annual period, with any adjustments reflected as of the beginning of the fiscal year of adoption. We do not expect the application of this ASU to have a material impact on our consolidated financial statements. </span></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><span 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</span></div>In June 2016, the FASB issued an ASU related to the accounting for credit losses on certain financial instruments. 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. 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. 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. The application of this ASU will not have a material impact on our consolidated financial statements.
CY2018Q4 mpc Pro Forma Purchase Accounting Inventory Effectsand Transactionrelated Costs Effecton Net Income Attributableto Mpc
ProFormaPurchaseAccountingInventoryEffectsandTransactionrelatedCostsEffectonNetIncomeAttributabletoMPC
727000000 USD
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2636000000 USD
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2779000000 USD
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3430000000 USD
CY2019 us-gaap Net Income Loss
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2637000000 USD
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768000000 USD
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754000000 USD
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629000000 USD
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763000000 USD
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CostsAndExpensesRelatedParty
610000000 USD
CY2017 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
570000000 USD
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2780000000 USD
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3432000000 USD
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1000000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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1000000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2000000 USD
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659000000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
518000000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
507000000 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.00
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5.36
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.76
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2637000000 USD
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2780000000 USD
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3432000000 USD
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1000000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
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1000000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
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2000000 USD
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2636000000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
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2779000000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
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3430000000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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659000000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
518000000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
507000000 shares
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WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
8000000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
664000000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
526000000 shares
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WeightedAverageNumberOfDilutedSharesOutstanding
512000000 shares
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EarningsPerShareDiluted
3.97
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EarningsPerShareDiluted
5.28
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.70
CY2019Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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2960000000 USD
CY2019 us-gaap Treasury Stock Shares Acquired
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44000000 shares
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2372000000 USD
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58.87
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
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69.46
CY2017 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
53.85
CY2019 us-gaap Number Of Reportable Segments
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3 Segment
CY2019 us-gaap Interest And Debt Expense
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1247000000 USD
CY2019 us-gaap Operating Income Loss
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5576000000 USD
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4018000000 USD
CY2019 mpc Numberof Refineries
NumberofRefineries
16 refinery
CY2018 us-gaap Operating Income Loss
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5571000000 USD
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80000000 USD
CY2018 us-gaap Interest And Debt Expense
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1003000000 USD
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674000000 USD
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4329000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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4568000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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3344000000 USD
CY2019 mpc Capital Expenditure
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5069000000 USD
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3895000000 USD
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2801000000 USD
CY2019 us-gaap Investment Income Interest
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40000000 USD
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87000000 USD
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27000000 USD
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688000000 USD
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158000000 USD
CY2017 us-gaap Interest Costs Capitalized Adjustment
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63000000 USD
CY2019 mpc Non Service Pensionand Postretirement Costs
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3000000 USD
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53000000 USD
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49000000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
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27000000 USD
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27000000 USD
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1003000000 USD
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674000000 USD
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681000000 USD
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53000000 USD
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178000000 USD
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1000000 USD
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22000000 USD
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CY2019 us-gaap Current Income Tax Expense Benefit
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51000000 USD
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915000000 USD
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773000000 USD
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898000000 USD
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2000000 USD
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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116000000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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61000000 USD
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CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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33000000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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9000000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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-16000000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
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4000000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
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1023000000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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47000000 USD
CY2019 us-gaap Income Tax Expense Benefit
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1074000000 USD
CY2018 us-gaap Income Tax Expense Benefit
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962000000 USD
CY2017 us-gaap Income Tax Expense Benefit
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-460000000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.03
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.04
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
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EffectiveIncomeTaxRateReconciliationDeductionsOther
0.03
CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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0.03
CY2018 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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0.04
CY2017 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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0.04
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.45
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.01
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.02
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.25
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
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EffectiveIncomeTaxRateContinuingOperations
-0.14
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693000000 USD
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660000000 USD
CY2019Q4 mpc Deferred Tax Assets Environmental
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99000000 USD
CY2018Q4 mpc Deferred Tax Assets Environmental
DeferredTaxAssetsEnvironmental
111000000 USD
CY2019Q4 mpc Deferred Tax Assets Debt Financing
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17000000 USD
CY2018Q4 mpc Deferred Tax Assets Debt Financing
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39000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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18000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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17000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
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15000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
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28000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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14000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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21000000 USD
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57000000 USD
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88000000 USD
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913000000 USD
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964000000 USD
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3444000000 USD
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2830000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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652000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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678000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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3114000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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2130000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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56000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
97000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
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19000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
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64000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
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7285000000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
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CY2019Q4 us-gaap Deferred Tax Liabilities
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6372000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
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4835000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross Noncurrent
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20000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross Noncurrent
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29000000 USD
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6392000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Gross Noncurrent
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4864000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
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6372000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
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4835000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
11000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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211000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
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CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
13000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
5000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
19000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
160000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
12000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
32000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
211000000 USD
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UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
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CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
209000000 USD
CY2019Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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2000000 USD
CY2019 mpc Unrecognized Tax Benefits Income Tax Net Penaltiesand Interest Expense Benefits
UnrecognizedTaxBenefitsIncomeTaxNetPenaltiesandInterestExpenseBenefits
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CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
23000000 USD
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UnrecognizedTaxBenefitsIncomeTaxNetPenaltiesandInterestExpenseBenefits
1000000 USD
CY2017 mpc Unrecognized Tax Benefits Income Tax Net Penaltiesand Interest Expense Benefits
UnrecognizedTaxBenefitsIncomeTaxNetPenaltiesandInterestExpenseBenefits
3000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
7000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
18000000 USD
CY2019Q4 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
3472000000 USD
CY2018Q4 us-gaap Crude Oil And Natural Gas Liquids
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3655000000 USD
CY2019Q4 mpc Energy Related Inventory Refined Products
EnergyRelatedInventoryRefinedProducts
5548000000 USD
CY2018Q4 mpc Energy Related Inventory Refined Products
EnergyRelatedInventoryRefinedProducts
5234000000 USD
CY2019Q4 us-gaap Other Inventory Supplies
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996000000 USD
CY2018Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
720000000 USD
CY2019Q4 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
227000000 USD
CY2018Q4 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
228000000 USD
CY2019Q4 us-gaap Inventory Net
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10243000000 USD
CY2018Q4 us-gaap Inventory Net
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9837000000 USD
CY2019Q4 us-gaap Percentage Of Lifo Inventory
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0.90
CY2018Q4 us-gaap Percentage Of Lifo Inventory
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0.92
CY2019Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
871000000 USD
CY2018Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
0 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
6898000000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
5898000000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
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1375000000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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922000000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
1333000000 USD
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EquityMethodInvestmentSummarizedFinancialInformationRevenue
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CY2017 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
6235000000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
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1075000000 USD
CY2019 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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1284000000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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1242000000 USD
CY2019 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
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1472000000 USD
CY2019 us-gaap Equity Method Investment Summarized Financial Information Revenue
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7718000000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
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1443000000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
17216000000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
12408000000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
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1006000000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
1857000000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
2772000000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
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1788000000 USD
CY2019Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
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1400000000 USD
CY2019Q4 mpc Equity Method Investment Difference Between Carrying Amount And Underlying Equity Portion Related To Goodwilland Other Assets Not Amortized
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700000000 USD
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662000000 USD
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EquityMethodInvestmentDividendsOrDistributions
519000000 USD
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EquityMethodInvestmentDividendsOrDistributions
391000000 USD
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19008000000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16155000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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45615000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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45058000000 USD
CY2017Q4 us-gaap Goodwill
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3586000000 USD
CY2018 us-gaap Goodwill Acquired During Period
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16598000000 USD
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0 USD
CY2018Q4 us-gaap Goodwill
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20184000000 USD
CY2019 us-gaap Goodwill Acquired During Period
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94000000 USD
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
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976000000 USD
CY2019 us-gaap Goodwill Impairment Loss
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1197000000 USD
CY2019 us-gaap Goodwill Other Increase Decrease
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-17000000 USD
CY2019Q4 us-gaap Goodwill
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20040000000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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94000000 USD
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372000000 USD
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134000000 USD
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387000000 USD
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FiniteLivedIntangibleAssetsGross
3708000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
780000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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2928000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
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3711000000 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
397000000 USD
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3314000000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
94000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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380000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
379000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
363000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
305000000 USD
CY2019Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
51000000 USD
CY2018Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
52000000 USD
CY2018Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
13000000 USD
CY2019 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
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CY2018 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
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CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
60000000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
61000000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
61000000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
66000000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
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CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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CY2019Q4 us-gaap Debt And Capital Lease Obligations
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29282000000 USD
CY2018Q4 us-gaap Debt And Capital Lease Obligations
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27980000000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
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134000000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
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128000000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
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310000000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
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328000000 USD
CY2019Q4 us-gaap Debt Current
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CY2018Q4 us-gaap Debt Current
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544000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
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28127000000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
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26980000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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650000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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3008000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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2275000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
2350000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2652000000 USD
CY2019 us-gaap Proceeds From Issuance Of Commercial Paper
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0 USD
CY2019Q4 us-gaap Commercial Paper
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0 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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123949000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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96504000000 USD
CY2017 us-gaap Revenue From Contract With Customer Including Assessed Tax
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74733000000 USD
CY2019Q4 mpc Matching Buy Sell Receivables
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2240000000 USD
CY2019 us-gaap Interest Paid Net
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1174000000 USD
CY2018 us-gaap Interest Paid Net
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887000000 USD
CY2017 us-gaap Interest Paid Net
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525000000 USD
CY2019 us-gaap Income Taxes Paid Net
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491000000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
424000000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
904000000 USD
CY2019 us-gaap Operating Lease Payments
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764000000 USD
CY2018 us-gaap Operating Lease Payments
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0 USD
CY2017 us-gaap Operating Lease Payments
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0 USD
CY2019 us-gaap Fair Value Of Assets Acquired
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525000000 USD
CY2018 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0 USD
CY2017 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
45000000 USD
CY2019 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
0 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
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34000000 USD
CY2018 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
CY2017 us-gaap Finance Lease Interest Payment On Liability
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0 USD
CY2018 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
19766000000 USD
CY2017 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
0 USD
CY2018 mpc Contributionofnetassets
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0 USD
CY2019 us-gaap Finance Lease Principal Payments
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55000000 USD
CY2017 mpc Contributionofnetassets
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337000000 USD
CY2018 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
CY2017 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
CY2019 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
CY2018 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
172000000 USD
CY2017 us-gaap Capital Lease Obligations Incurred
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71000000 USD
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352000000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 USD
CY2017 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
96000000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2017 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2019 mpc Contributionofnetassets
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266000000 USD
CY2019 mpc Business Combination Equity Interests Issued Conversionof Equity Awards
BusinessCombinationEquityInterestsIssuedConversionofEquityAwards
0 USD
CY2018 mpc Business Combination Equity Interests Issued Conversionof Equity Awards
BusinessCombinationEquityInterestsIssuedConversionofEquityAwards
203000000 USD
CY2017 mpc Business Combination Equity Interests Issued Conversionof Equity Awards
BusinessCombinationEquityInterestsIssuedConversionofEquityAwards
0 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1527000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1687000000 USD
CY2019Q4 us-gaap Restricted Cash Current
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2000000 USD
CY2018Q4 us-gaap Restricted Cash Current
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38000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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1529000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1725000000 USD
CY2019 mpc Capital Expenditure
CapitalExpenditure
5069000000 USD
CY2018 mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Settlement Gain Loss Before Tax
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-53000000 USD
CY2018 mpc Capital Expenditure
CapitalExpenditure
3895000000 USD
CY2017 mpc Capital Expenditure
CapitalExpenditure
2801000000 USD
CY2018 mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Workers Compensation
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5000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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-30000000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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5374000000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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3578000000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2732000000 USD
CY2019 mpc Retirement Expenditures
RetirementExpenditures
1000000 USD
CY2018 mpc Retirement Expenditures
RetirementExpenditures
8000000 USD
CY2017 mpc Retirement Expenditures
RetirementExpenditures
2000000 USD
CY2019 mpc Increase Decrease In Accrual For Capital Expenditures
IncreaseDecreaseInAccrualForCapitalExpenditures
-306000000 USD
CY2018 mpc Increase Decrease In Accrual For Capital Expenditures
IncreaseDecreaseInAccrualForCapitalExpenditures
309000000 USD
CY2017 mpc Increase Decrease In Accrual For Capital Expenditures
IncreaseDecreaseInAccrualForCapitalExpenditures
67000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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49000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-36000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
4000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
87000000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-144000000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-144000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2019 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
-45000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-21000000 USD
CY2019 mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Settlement Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociPensionAndOtherPostretirementBenefitPlansForSettlementGainLossBeforeTax
-9000000 USD
CY2019 mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Workers Compensation
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWorkersCompensation
5000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
-6000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-176000000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-320000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
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3031000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
2632000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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3239000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
2779000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
3031000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
2632000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
2531000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
2089000000 USD
CY2019 us-gaap Defined Benefit Plan Narrative Description Of Basis Used To Determine Overall Expected Long Term Rate Of Return On Assets Assumption
DefinedBenefitPlanNarrativeDescriptionOfBasisUsedToDetermineOverallExpectedLongTermRateOfReturnOnAssetsAssumption
The overall expected long-term return on plan assets assumption is determined based on an asset rate-of-return modeling tool developed by a third-party investment group. The tool utilizes underlying assumptions based on actual returns by asset category and inflation and takes into account our asset allocation to derive an expected long-term rate of return on those assets. Capital market assumptions reflect the long-term capital market outlook. The assumptions for equity and fixed income investments are developed using a building-block approach, reflecting observable inflation information and interest rate information available in the fixed income markets. Long-term assumptions for other asset categories are based on historical results, current market characteristics and the professional judgment of our internal and external investment teams
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
6000000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
5000000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
52000000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
45000000 USD
CY2019 us-gaap Defined Benefit Plan Investment Policies And Strategies Narrative Description
DefinedBenefitPlanInvestmentPoliciesAndStrategiesNarrativeDescription
The asset allocation strategy will change over time in response to changes primarily in funded status, which is dictated by current and anticipated market conditions, the independent actions of our investment committee, required cash flows to and from the plans and other factors deemed appropriate. Such changes in asset allocation are intended to allocate additional assets to the fixed income asset class should the funded status improve. The fixed income asset class shall be invested in such a manner that its interest rate sensitivity correlates highly with that of the plans’ liabilities. Other asset classes are intended to provide additional return with associated higher levels of risk. Investment performance and risk is measured and monitored on an ongoing basis through quarterly investment meetings and periodic asset and liability studies.
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
2531000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
2089000000 USD
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
217000000 USD
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
144000000 USD
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
116000000 USD
CY2019 mpc Multiemployer Pension Plans Percentage Contribution By Entity
MultiemployerPensionPlansPercentageContributionByEntity
0.05
CY2019 us-gaap Multiemployer Plans Certified Zone Status
MultiemployerPlansCertifiedZoneStatus
Red
CY2018 us-gaap Multiemployer Plans Certified Zone Status
MultiemployerPlansCertifiedZoneStatus
Red
CY2019 us-gaap Multiemployer Plans Funding Improvement Plan And Rehabilitation Plan
MultiemployerPlansFundingImprovementPlanAndRehabilitationPlan
Implemented
CY2019 us-gaap Multiemployer Plans Surcharge
MultiemployerPlansSurcharge
No
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
161000000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
133000000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
51000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
37000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
32000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
19000000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10000000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
24000000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
46000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
-3000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
14000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
25000000 USD
CY2019 us-gaap Lease Cost
LeaseCost
1737000000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
746000000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
64000000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
43000000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
793000000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
91000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2459000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
604000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1875000000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2479000000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M12D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0402
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
698000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
96000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
590000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
87000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
402000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
95000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
287000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
98000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
222000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
84000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
634000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
527000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2833000000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
987000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
354000000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
289000000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2479000000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
698000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
709000000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
70000000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
619000000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
71000000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
553000000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
389000000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
75000000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
295000000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
82000000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
858000000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
586000000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
66000000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3423000000 USD
CY2018Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
950000000 USD
CY2018Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
301000000 USD
CY2018Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
649000000 USD
CY2019 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
254000000 USD
CY2018 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
221000000 USD
CY2017 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
218000000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
186000000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
179000000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
177000000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
170000000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
167000000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
1072000000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
1951000000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
1935000000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
327000000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
1608000000 USD
CY2019Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
433000000 USD
CY2018Q1 us-gaap Revenues
Revenues
18866000000 USD
CY2018Q2 us-gaap Revenues
Revenues
22317000000 USD
CY2018Q3 us-gaap Revenues
Revenues
22988000000 USD
CY2018Q4 us-gaap Revenues
Revenues
32333000000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
443000000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.67
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.67
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.68
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
CY2018Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
455000000 USD
CY2019Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
29000000 USD
CY2018Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
35000000 USD
CY2019Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
24000000 USD
CY2018Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
30000000 USD
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
206000000 USD
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
222000000 USD
CY2019 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
1600000000 USD
CY2018 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
1800000000 USD
CY2019Q1 us-gaap Revenues
Revenues
28267000000 USD
CY2019Q2 us-gaap Revenues
Revenues
33547000000 USD
CY2019Q3 us-gaap Revenues
Revenues
31043000000 USD
CY2019Q4 us-gaap Revenues
Revenues
31092000000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
669000000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2042000000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2024000000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
841000000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
259000000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
1367000000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
1367000000 USD
CY2019Q4 us-gaap Profit Loss
ProfitLoss
262000000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-7000000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
1106000000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
1095000000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
235000000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
440000000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1711000000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1403000000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2017000000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
1235000000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
941000000 USD
CY2018Q4 us-gaap Profit Loss
ProfitLoss
1195000000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
37000000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
1055000000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
737000000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
951000000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.30
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.63
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.27
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35

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