v3.19.3.a.u2
Disclosures About Segments And Related Information (Tables)
12 Months Ended
Dec. 31, 2019
Disclosures About Segments And Related Information [Abstract]  
Disclosures About Segments And Related Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate

 

 

Upstream

 

Downstream

 

Chemical

 

 

and

Corporate

 

U.S.

Non-U.S.

 

U.S.

Non-U.S.

 

U.S.

Non-U.S.

 

Financing

Total

 

 

(millions of dollars)

As of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings after income tax

 

536

 

13,906

 

 

1,717

 

606

 

 

206

 

386

 

 

(3,017)

 

14,340

Earnings of equity companies included above

 

282

 

4,534

 

 

196

 

19

 

 

(4)

 

818

 

 

(404)

 

5,441

Sales and other operating revenue

 

9,364

 

13,779

 

 

70,523

 

134,460

 

 

9,723

 

17,693

 

 

41

 

255,583

Intersegment revenue

 

10,893

 

30,864

 

 

22,416

 

24,775

 

 

7,864

 

5,905

 

 

224

 

-

Depreciation and depletion expense

 

6,162

 

9,305

 

 

674

 

832

 

 

555

 

621

 

 

849

 

18,998

Interest revenue

 

-

 

-

 

 

-

 

-

 

 

-

 

-

 

 

84

 

84

Interest expense

 

54

 

34

 

 

1

 

9

 

 

-

 

1

 

 

731

 

830

Income tax expense (benefit)

 

(151)

 

5,509

 

 

465

 

361

 

 

58

 

305

 

 

(1,265)

 

5,282

Additions to property, plant and equipment

 

10,404

 

7,347

 

 

2,685

 

1,777

 

 

1,344

 

589

 

 

758

 

24,904

Investments in equity companies

 

5,313

 

17,736

 

 

319

 

1,062

 

 

1,835

 

3,335

 

 

(309)

 

29,291

Total assets

 

95,750

 

151,181

 

 

23,442

 

37,133

 

 

16,544

 

20,376

 

 

18,171

 

362,597

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings after income tax

 

1,739

 

12,340

 

 

2,962

 

3,048

 

 

1,642

 

1,709

 

 

(2,600)

 

20,840

Earnings of equity companies included above

 

608

 

5,816

 

 

156

 

(6)

 

 

48

 

1,113

 

 

(380)

 

7,355

Sales and other operating revenue

 

10,359

 

15,158

 

 

74,327

 

147,007

 

 

12,239

 

20,204

 

 

38

 

279,332

Intersegment revenue

 

8,683

 

29,659

 

 

21,954

 

29,888

 

 

9,044

 

7,217

 

 

205

 

-

Depreciation and depletion expense

 

6,024

 

9,257

 

 

684

 

890

 

 

405

 

606

 

 

879

 

18,745

Interest revenue

 

-

 

-

 

 

-

 

-

 

 

-

 

-

 

 

64

 

64

Interest expense

 

77

 

31

 

 

2

 

12

 

 

-

 

1

 

 

643

 

766

Income tax expense (benefit)

 

104

 

8,149

 

 

946

 

1,008

 

 

566

 

245

 

 

(1,486)

 

9,532

Additions to property, plant and equipment

 

7,119

 

7,974

 

 

1,152

 

1,595

 

 

1,146

 

348

 

 

717

 

20,051

Investments in equity companies

 

4,566

 

16,337

 

 

293

 

1,162

 

 

870

 

3,431

 

 

(277)

 

26,382

Total assets

 

90,310

 

148,914

 

 

17,898

 

34,024

 

 

14,904

 

21,131

 

 

19,015

 

346,196

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings after income tax

 

6,622

 

6,733

 

 

1,948

 

3,649

 

 

2,190

 

2,328

 

 

(3,760)

 

19,710

Earnings of equity companies included above

 

216

 

3,618

 

 

118

 

490

 

 

90

 

1,217

 

 

(369)

 

5,380

Sales and other operating revenue

 

9,349

 

14,508

 

 

61,695

 

122,881

 

 

11,035

 

17,659

 

 

35

 

237,162

Intersegment revenue

 

5,729

 

22,935

 

 

14,857

 

22,263

 

 

7,270

 

5,550

 

 

208

 

-

Depreciation and depletion expense

 

6,963

 

9,741

 

 

658

 

883

 

 

299

 

504

 

 

845

 

19,893

Interest revenue

 

-

 

-

 

 

-

 

-

 

 

-

 

-

 

 

36

 

36

Interest expense

 

87

 

29

 

 

1

 

6

 

 

-

 

-

 

 

478

 

601

Income tax expense (benefit)

 

(8,552)

 

5,463

 

 

(61)

 

934

 

 

362

 

664

 

 

16

 

(1,174)

Effect of U.S. tax reform - noncash

 

(7,602)

 

480

 

 

(618)

 

-

 

 

(335)

 

-

 

 

2,133

 

(5,942)

Additions to property, plant and equipment

 

9,761

 

8,617

 

 

769

 

1,551

 

 

1,330

 

2,019

 

 

854

 

24,901

Investments in equity companies

 

4,680

 

14,494

 

 

276

 

1,462

 

 

341

 

3,387

 

 

(286)

 

24,354

Total assets

 

89,048

 

155,822

 

 

18,172

 

34,294

 

 

13,363

 

21,133

 

 

16,859

 

348,691

Geographic Sales And Other Operating Revenue

Geographic

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales and other operating revenue

 

2019

 

2018

 

2017

 

 

 

(millions of dollars)

 

 

 

 

 

 

 

 

United States

 

89,612

 

96,930

 

82,079

Non-U.S.

 

165,971

 

182,402

 

155,083

 

Total

 

255,583

 

279,332

 

237,162

 

 

 

 

 

 

 

 

Significant non-U.S. revenue sources include: (1)

 

 

 

 

 

 

 

Canada

 

19,735

 

22,672

 

20,116

 

United Kingdom

 

17,479

 

18,702

 

16,611

 

France

 

12,740

 

13,637

 

11,235

 

Singapore

 

12,128

 

13,689

 

11,589

 

Belgium

 

11,644

 

15,664

 

13,633

 

Italy

 

10,459

 

13,396

 

11,476

 

 

 

 

 

 

 

 

(1) Revenue is determined by primary country of operations. Excludes certain sales and other operating revenues in Non-U.S. operations where attribution to a specific country is not practicable.
Schedule Of Long-Lived Assets By Geographic Regions

Long-lived assets

 

2019

 

2018

 

2017

 

 

 

(millions of dollars)

 

 

 

 

 

 

 

 

United States

 

114,372

 

108,147

 

105,101

Non-U.S.

 

138,646

 

138,954

 

147,529

 

Total

 

253,018

 

247,101

 

252,630

 

 

 

 

 

 

 

 

Significant non-U.S. long-lived assets include:

 

 

 

 

 

 

 

Canada

 

39,130

 

37,433

 

41,138

 

Australia

 

13,933

 

14,548

 

16,908

 

Singapore

 

11,645

 

11,148

 

11,292

 

Kazakhstan

 

9,315

 

9,726

 

10,121

 

Papua New Guinea

 

8,057

 

8,269

 

8,463

 

Nigeria

 

7,640

 

8,421

 

9,734

 

Angola

 

5,784

 

7,021

 

7,689

 

United Arab Emirates

 

5,262

 

4,859

 

4,304

 

Russia

 

5,135

 

5,456

 

5,702