v3.7.0.1
Consolidated Income Statement - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues and Other Income    
Sales and other operating revenues $ 7,518 $ 5,121
Equity in earnings (losses) of affiliates 200 (149)
Gain on Dispositions 22 23
Other income 31 20
Total Revenues and Other Income 7,771 5,015
Costs and Expenses    
Purchased commodities 3,192 2,225
Production and operating expenses 1,298 1,354
Selling, general and administrative expenses 157 186
Exploration expenses 551 505
Depreciation, depletion and amortization 1,979 2,247
Impairments 175 136
Taxes other than Income Taxes 231 180
Accretion on discounted liabilities 95 109
Interest and debt expense 315 281
Foreign currency transaction (gains) losses 10 16
Total Costs and Expenses 8,003 7,239
Income (Loss) before income taxes (232) (2,224)
Income tax provision (benefit) (831) (768)
Net income (loss) 599 (1,456)
Less: net income attributable to noncontrolling interests (13) (13)
Net Income (Loss) Attributable to ConocoPhillips $ 586 $ (1,469)
Earnings Per Share, Basic [Abstract]    
Earnings Per Share, Basic $ 0.47 $ (1.18)
Earnings Per Share, Diluted [Abstract]    
Earnings Per Share, Diluted 0.47 (1.18)
Dividends Paid Per Share of Common Stock (dollars) $ 0.27 $ 0.25
Average Common Shares Outstanding (in thousands)    
Basic 1,243,280 1,244,557
Diluted 1,248,722 1,244,557