Sales and Other Operating Revenue (Tables) |
6 Months Ended |
|---|---|
Jun. 30, 2021 | |
| Sales and Other Operating Revenues [Abstract] | |
| Disaggregation of Revenue | Millions of Dollars Six Months Ended June 30 June 30 2021 2020 2021 2020 Revenue from contracts with customers $ 7,753 1,919 14,914 6,830 Revenue from contracts outside the scope of ASC Physical contracts meeting the definition of a derivative 1,754 856 4,728 2,152 Financial derivative contracts 49 (26) (260) (75) Consolidated sales and other operating revenues $ 9,556 2,749 19,382 8,907 Millions of Dollars Six Months Ended June 30 June 30 2021 2020 2021 2020 Revenue from Outside the Scope of ASC Topic 606 by Segment Lower 48 $ 1,345 698 3,811 1,674 Canada 207 121 510 300 Europe, Middle East and North Africa 202 37 407 178 Physical contracts meeting the definition of a derivative $ 1,754 856 4,728 2,152 Millions of Dollars Six Months Ended June 30 June 30 2021 2020 2021 2020 Revenue from Outside the Scope of ASC Topic 606 by Product Crude oil $ 178 26 302 118 Natural gas 1,504 763 4,231 1,853 Other 72 67 195 181 Physical contracts meeting the definition of a derivative $ 1,754 856 4,728 2,152 |
| Contract with Customer, Asset and Liability | Millions of Dollars Contract Liabilities At December 31, 2020 $ 97 Contractual payments received 7 Revenue recognized (62) At June 30, 2021 $ 42 Amounts Recognized in the Consolidated Current liabilities $ 42 |