v3.20.2
Sales and Other Operating Revenue (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
Millions of Dollars
 
Three Months Ended
Six Months Ended
June 30
June 30
2020
2019
2020
2019
Revenue from contracts with customers
$
1,919
6,633
6,830
13,692
Revenue from contracts outside the scope of ASC Topic 606
Physical contracts meeting the definition of a derivative
856
1,371
2,152
3,452
Financial derivative contracts
(26)
(51)
(75)
(41)
Consolidated sales and other operating revenues
$
2,749
7,953
8,907
17,103
Millions of Dollars
 
Three Months Ended
Six Months Ended
June 30
June 30
2020
2019
2020
2019
Revenue from Outside the Scope of ASC Topic 606
by Segment
Lower 48
$
698
1,111
1,674
2,724
Canada
121
100
300
341
Europe and North Africa
37
160
178
387
Physical contracts meeting the definition of a derivative
$
856
1,371
2,152
3,452
Millions of Dollars
 
Three Months Ended
Six Months Ended
June 30
June 30
2020
2019
2020
2019
Revenue from Outside the Scope of ASC Topic 606
by Product
Crude oil
$
26
165
118
353
Natural gas
763
1,095
1,853
2,863
Other
67
111
181
236
Physical contracts meeting the definition of a derivative
$
856
1,371
2,152
3,452
Contract with Customer, Asset and Liability [Table Text Block]
Millions of Dollars
Contract Liabilities
As of June 30, 2020 and December 31, 2019
$
80
Amounts Recognized in the Consolidated Balance
 
Sheet at June 30, 2020
Current liabilities
$
47
Noncurrent liabilities
33
$
80