2021 Q4 Form 10-K Financial Statement

#000151029522000011 Filed on February 24, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $35.59B $120.0B $17.97B
YoY Change 98.03% 71.95% -42.2%
Cost Of Revenue $32.18B $110.0B $17.22B
YoY Change 86.94% 67.36% -30.02%
Gross Profit $3.406B $9.975B $912.0M
YoY Change 273.46% 146.54% -73.79%
Gross Profit Margin 9.57% 8.31% 5.07%
Selling, General & Admin $833.0M $2.537B $752.0M
YoY Change 10.77% -6.38% -19.4%
% of Gross Profit 24.46% 25.43% 82.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $813.0M $3.364B $849.0M
YoY Change -4.24% -0.33% -13.19%
% of Gross Profit 23.87% 33.72% 93.09%
Operating Expenses $1.646B $2.537B $1.601B
YoY Change 2.81% -6.38% -10.21%
Operating Profit $1.760B $4.300B $390.0M
YoY Change 351.28% -135.11% -30.11%
Interest Expense -$296.0M -$1.253B -$334.0M
YoY Change -11.38% -5.36% 13.22%
% of Operating Profit -16.82% -29.14% -85.64%
Other Income/Expense, Net -$1.000M -$97.00M -$8.000M
YoY Change -87.5% 94.0% 300.0%
Pretax Income $1.348B $2.817B $57.00M
YoY Change 2264.91% -120.69% -78.16%
Income Tax $243.0M $264.0M -$193.0M
% Of Pretax Income 18.03% 9.37% -338.6%
Net Earnings $774.0M $9.738B $285.0M
YoY Change 171.58% -199.1% -35.67%
Net Earnings / Revenue 2.17% 8.12% 1.59%
Basic Earnings Per Share $15.34
Diluted Earnings Per Share $1.279M $15.24 $439.1K
COMMON SHARES
Basic Shares Outstanding 615.6M shares 634.0M shares 650.7M shares
Diluted Shares Outstanding 638.0M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.84B $10.84B $415.0M
YoY Change 2511.81% 2511.81% -70.21%
Cash & Equivalents $5.291B $5.291B $415.0M
Short-Term Investments $5.548B $5.548B
Other Short-Term Assets $568.0M $568.0M $2.724B
YoY Change -79.15% -95.98% 205.04%
Inventory $8.055B $8.055B $7.999B
Prepaid Expenses
Receivables $11.03B $11.03B $5.760B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $30.50B $30.50B $28.29B
YoY Change 7.81% 7.81% -7.13%
LONG-TERM ASSETS
Property, Plant & Equipment $38.81B $38.81B $39.04B
YoY Change -0.57% -4.3% -4.49%
Goodwill $8.256B $8.256B
YoY Change 0.0% -47.25%
Intangibles $2.135B $2.360B
YoY Change -9.53% -15.89%
Long-Term Investments $5.409B $5.409B $5.422B
YoY Change -0.24% -0.24% -17.45%
Other Assets $2.400B $2.400B $2.637B
YoY Change -8.99% -8.99% -17.7%
Total Long-Term Assets $54.88B $54.88B $56.87B
YoY Change -3.51% -3.51% -16.49%
TOTAL ASSETS
Total Short-Term Assets $30.50B $30.50B $28.29B
Total Long-Term Assets $54.88B $54.88B $56.87B
Total Assets $85.37B $85.37B $85.16B
YoY Change 0.25% 0.25% -13.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.70B $13.70B $7.803B
YoY Change 75.57% 75.57% -30.47%
Accrued Expenses $1.349B $1.349B $1.229B
YoY Change 9.76% 9.76% -18.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $571.0M $571.0M $2.854B
YoY Change -79.99% -79.99% 305.4%
Total Short-Term Liabilities $17.90B $17.90B $15.66B
YoY Change 14.27% 14.27% -7.58%
LONG-TERM LIABILITIES
Long-Term Debt $24.97B $24.97B $28.73B
YoY Change -13.09% -13.09% 2.53%
Other Long-Term Liabilities $3.288B $3.288B $4.342B
YoY Change -24.27% -24.27% 6.19%
Total Long-Term Liabilities $28.26B $28.26B $33.07B
YoY Change -14.56% -14.56% 3.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.90B $17.90B $15.66B
Total Long-Term Liabilities $28.26B $28.26B $33.07B
Total Liabilities $51.79B $59.17B $54.94B
YoY Change -5.73% -6.02% -0.92%
SHAREHOLDERS EQUITY
Retained Earnings $12.91B $4.650B
YoY Change 177.53% -70.92%
Common Stock $33.27B $33.22B
YoY Change 0.16% 0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $19.90B $15.16B
YoY Change 31.32% 0.09%
Treasury Stock Shares 405.0M shares 329.0M shares
Shareholders Equity $26.21B $26.21B $22.20B
YoY Change
Total Liabilities & Shareholders Equity $85.37B $85.37B $85.16B
YoY Change 0.25% 0.25% -13.59%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $774.0M $9.738B $285.0M
YoY Change 171.58% -199.1% -35.67%
Depreciation, Depletion And Amortization $813.0M $3.364B $849.0M
YoY Change -4.24% -0.33% -13.19%
Cash From Operating Activities $3.674B $4.360B $1.328B
YoY Change 176.66% 80.24% -44.87%
INVESTING ACTIVITIES
Capital Expenditures -$481.0M $1.464B -$457.0M
YoY Change 5.25% -47.47% -70.54%
Acquisitions $0.00
YoY Change
Other Investing Activities $1.929B -$513.0M $24.00M
YoY Change 7937.5% 714.29% -117.78%
Cash From Investing Activities $1.448B $14.80B -$433.0M
YoY Change -434.41% -554.31% -74.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.548B
YoY Change -41445.45%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.703B -$14.42B -1.057B
YoY Change 439.55% 10580.74% 46.4%
NET CHANGE
Cash From Operating Activities 3.674B $4.360B 1.328B
Cash From Investing Activities 1.448B $14.80B -433.0M
Cash From Financing Activities -5.703B -$14.42B -1.057B
Net Change In Cash -581.0M $4.738B -162.0M
YoY Change 258.64% -586.95% -16300.0%
FREE CASH FLOW
Cash From Operating Activities $3.674B $4.360B $1.328B
Capital Expenditures -$481.0M $1.464B -$457.0M
Free Cash Flow $4.155B $2.896B $1.785B
YoY Change 132.77% -886.96% -54.92%

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<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Use of Estimates </span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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>
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CY2019 us-gaap Treasury Stock Shares Acquired
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Since we will continue to supply fuel to Speedway subsequent to the sale to 7-Eleven, we have reported intersegment sales to Speedway, that were previously eliminated in consolidation, as third-party sales. All periods presented have been retrospectively adjusted through the sale date of May 14, 2021 to reflect this change. Sales to Speedway/7-Eleven from the Refining & Marketing segment represented 11 percent, 11 percent and 12 percent of our total annual revenues for the years ended December 31, 2021, 2020 and 2019, respectively.
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19000000 USD
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CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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110000000 USD
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CY2019 mpc Contributionofnetassets
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CY2019 us-gaap Fair Value Of Assets Acquired
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CY2021 mpc Retirement Expenditures
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CY2020 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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CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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20000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021 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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CY2021 mpc Other Comprehensive Income Loss Reclassification Adjustment From Aoci
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CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Weighted Average Interest Crediting Rate
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0.0300
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2995000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
3369000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
3295000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
3671000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
2995000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
3369000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
3043000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
2621000000 USD
CY2021 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
CY2021 us-gaap Defined Benefit Plan Investment Policies And Strategies Narrative Description
DefinedBenefitPlanInvestmentPoliciesAndStrategiesNarrativeDescription
The investment policies for our pension plan assets reflect the funded status of the plans and expectations regarding our future ability to make further contributions. Long-term investment goals are to: (1) manage the assets in accordance with the legal requirements of all applicable laws; (2) diversify plan investments across asset classes to achieve an optimal balance between risk and return and between income and growth of assets through capital appreciation; and (3) source benefit payments primarily through existing plan assets and anticipated future returns.The investment goals are implemented to manage the plans’ funded status volatility and minimize future cash contributions. 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
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
3043000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
2621000000 USD
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
165000000 USD
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
180000000 USD
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
181000000 USD
CY2021 us-gaap Multiemployer Plans Minimum Contribution Description
MultiemployerPlansMinimumContributionDescription
This agreement has a minimum contribution requirement of $338 per week per employee for 2022.
CY2021 us-gaap Multiemployer Plan Number Of Employees Covered
MultiemployerPlanNumberOfEmployeesCovered
255 employee
CY2021 us-gaap Multiemployer Plan Pension Insignificant Certified Zone Status Fixed List
MultiemployerPlanPensionInsignificantCertifiedZoneStatusFixedList
Red
CY2020 us-gaap Multiemployer Plan Pension Insignificant Certified Zone Status Fixed List
MultiemployerPlanPensionInsignificantCertifiedZoneStatusFixedList
Red
CY2021 us-gaap Multiemployer Plan Pension Insignificant Funding Improvement Or Rehabilitation Plan Implementation Status Fixed List
MultiemployerPlanPensionInsignificantFundingImprovementOrRehabilitationPlanImplementationStatusFixedList
Implemented
CY2021 us-gaap Multiemployer Plan Pension Insignificant Surcharge Fixed List
MultiemployerPlanPensionInsignificantSurchargeFixedList
No
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
88000000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
100000000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
153000000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
22000000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
25000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
35000000 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
106000000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11000000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
13000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
16000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
-3000000 USD
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
31000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
658000000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
35000000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
37000000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
581000000 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
78000000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
72000000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
59000000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
446000000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
649000000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
660000000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
69000000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
60000000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
68000000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
780000000 USD
CY2021 us-gaap Lease Cost
LeaseCost
1205000000 USD
CY2020 us-gaap Lease Cost
LeaseCost
1474000000 USD
CY2019 us-gaap Lease Cost
LeaseCost
1604000000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1372000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1521000000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
438000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
497000000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
927000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1014000000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0311
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1365000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1511000000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0368
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
815000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
819000000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
336000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
272000000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
479000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
547000000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
73000000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
69000000 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
525000000 USD
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0504
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0533
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P10Y8M12D
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
171000000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
576000000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
598000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
645000000 USD
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P10Y3M18D
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
473000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
101000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
320000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
102000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
239000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
86000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
327000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1481000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
171000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
768000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
77000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
104000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
75000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
174000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
116000000 USD
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
170000000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1365000000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
598000000 USD
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
376000000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
398000000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
388000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
213000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
207000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
204000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
142000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1299000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
2236000000 USD
CY2021Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
2001000000 USD
CY2020Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
2000000000 USD
CY2021Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
523000000 USD
CY2020Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
430000000 USD
CY2021Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
1478000000 USD
CY2020Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
1570000000 USD
CY2021Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
401000000 USD
CY2020Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
397000000 USD
CY2021Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
6000000 USD
CY2020Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
7000000 USD
CY2020Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
183000000 USD
CY2020Q3 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
187000000 USD
CY2020Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
14000000 USD
CY2021Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
14000000 USD
CY2021Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
187000000 USD
CY2020Q4 us-gaap Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
4000000 USD
CY2021 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
565000000 USD
CY2020 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
267000000 USD

Files In Submission

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