10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2013 | |||
Consolidated Income Statement | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 25, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 54,413 | 57,967 | 64,196 |
| Equity in earnings of affiliates | 2,219 | 1,911 | 1,239 |
| Gain on dispositions | 1,242 | 1,657 | 370 |
| Other income | 374 | 469 | 264 |
| Total Revenues and Other Income | 58,248 | 62,004 | 66,069 |
| Costs and Expenses | |||
| Purchased commodities | 22,643 | 25,232 | 29,797 |
| Production and operating expenses | 7,238 | 6,793 | 6,426 |
| Selling, general and administrative expenses | 854 | 1,106 | 865 |
| Exploration expenses | 1,232 | 1,500 | 1,038 |
| Depreciation, depletion and amortization | 7,434 | 6,580 | 6,827 |
| Impairments | 529 | 680 | 321 |
| Taxes other than income taxes | 2,884 | 3,546 | 3,999 |
| Accretion on discounted liabilities | 434 | 394 | 422 |
| Interest and debt expense | 612 | 709 | 954 |
| Foreign currency transaction (gains) losses | (58) | 41 | 24 |
| Total Costs and Expenses | 43,802 | 46,581 | 50,673 |
| Income from continuing operations before income taxes | 14,446 | 15,423 | 15,396 |
| Provision for income taxes | 6,409 | 7,942 | 8,208 |
| Income (Loss) From Continuing Operations | 8,037 | 7,481 | 7,188 |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | 1,178 [1] | 1,017 | 5,314 |
| Net income | 9,215 | 8,498 | 12,502 |
| Less: net income attributable to noncontrolling interests | (59) | (70) | (66) |
| Net Income Attributable to ConocoPhillips | 9,156 | 8,428 | 12,436 |
| Amounts Attributable to ConocoPhillips Common Shareholders: | |||
| Income from continuing operations | 7,978 | 7,413 | 7,127 |
| Income from discontinued operations | 1,178 | 1,015 | 5,309 |
| Net income (loss) attributable to ConocoPhillips | 9,156 | 8,428 | 12,436 |
| Net Income Attributable to ConocoPhillips Per Share of Common Stock (dollars) | |||
| Basic | |||
| Continuing operations | 6.47 | 5.95 | 5.18 |
| Discontinued operations | 0.96 | 0.82 | 3.86 |
| Net Income Attributable to ConocoPhillips Per Share of Common Stock | 7.43 | 6.77 | 9.04 |
| Diluted | |||
| Continuing operations | 6.43 | 5.91 | 5.14 |
| Discontinued operations | 0.95 | 0.81 | 3.83 |
| Net Income Attributable to ConocoPhillips Per Share of Common Stock | 7.38 | 6.72 | 8.97 |
| Dividends Paid Per Share of Common Stock (dollars) | 2.70 | 2.64 | 2.64 |
| Average Common Shares Outstanding (in thousands) | |||
| Basic | 1,230,963 | 1,243,799 | 1,375,035 |
| Diluted | 1,239,803 | 1,253,093 | 1,387,100 |
| [1] *Net of provision for income taxes on discontinued operations of: $283, $745, $2,291 | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2013 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 25, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Consolidated Statement of Comprehensive Income | |||
| Net income | $ 9,215 | 8,498 | 12,502 |
| Other comprehensive income (loss): | |||
| Defined benefit plans | |||
| Prior service (cost) credit arising during the period | 1 | 2 | 19 |
| Reclassification adjustment for amortization of prior service cost included in net income | (5) | (5) | 2 |
| Net change | (4) | (3) | 21 |
| Net gain (loss) arising during the period | 688 | (704) | (1,185) |
| Reclassification adjustment for amortization of prior net losses included in net income | 294 | 430 | 226 |
| Net change | 982 | (274) | (959) |
| Nonsponsored plans | 10 [1] | 8 | (50) |
| Income taxes on defined benefit plans | (387) | 132 | 375 |
| Defined benefit plans, net of tax | 601 | (137) | (613) |
| Unrealized holding gain on securities | 8 | ||
| Reclassification adjustment for amortization of prior net losses included in net income | (255) | ||
| Income taxes on unrealized holding gain on securities | 89 | ||
| Unrealized loss on securities, net of tax | (158) | ||
| Foreign currency translation adjustments | (2,705) | 929 | (387) |
| Reclassification adjustment for gain included in net income | (4) | (155) | (516) |
| Income taxes on foreign currency translation adjustments | 23 | (16) | (14) |
| Foreign currency translation adjustments, net of tax | (2,686) | 758 | (917) |
| Hedging activities | 6 | 1 | |
| Hedging activities, net of tax | 6 | 1 | |
| Other comprehensive income (loss), net of tax | (2,085) | 627 | (1,687) |
| Comprehensive income | 7,130 | 9,125 | 10,815 |
| Less: comprehensive income attributable to noncontrolling interests | (59) | (70) | (66) |
| Comprehensive Income Attributable to ConocoPhillips | 7,071 | 9,055 | 10,749 |
| [1] Plans for which ConocoPhillips is not the primary obligorprimarily those administered by equity affiliates. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2013 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 25, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Cash Flows From Operating Activities | |||
| Net income | $ 9,215 | 8,498 | 12,502 |
| Adjustments to reconcile net income to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 7,434 | 6,580 | 6,827 |
| Impairments | 529 | 680 | 321 |
| Dry hole costs and leasehold impairments | 443 | 874 | 469 |
| Accretion on discounted liabilities | 434 | 394 | 422 |
| Deferred taxes | 1,311 | 1,397 | 340 |
| Undistributed equity earnings | (822) | (596) | (131) |
| Gain on dispositions | (1,242) | (1,657) | (370) |
| Income from discontinued operations | (1,178) [1] | (1,017) | (5,314) |
| Other | (371) | (456) | (403) |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | 744 | (1,866) | (938) |
| Decrease (increase) in inventories | (278) | 210 | (81) |
| Decrease (increase) in prepaid expenses and other current assets | (83) | 513 | (300) |
| Increase (decrease) in accounts payable | 183 | 1,103 | 1,297 |
| Increase (decrease) in taxes and other accruals | (518) | (1,199) | (688) |
| Net cash provided by continuing operating activities | 15,801 | 13,458 | 13,953 |
| Net cash provided by discontinued operations | 286 | 464 | 5,693 |
| Net Cash Provided by Operating Activities | 16,087 | 13,922 | 19,646 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (15,537) | (14,172) | (11,214) |
| Proceeds from asset dispositions | 10,220 | 2,132 | 2,192 |
| Net sales (purchases) of short-term investments | (263) | 597 | 400 |
| Collection of advances/loans-related parties | 145 | 114 | 98 |
| Other | (212) | 821 | 50 |
| Net cash used in continuing investing activities | (5,647) | (10,508) | (8,474) |
| Net cash provided by (used in) discontinued operations | (604) | (1,119) | 1,459 |
| Net Cash Provided by (Used in) Investing Activities | (6,251) | (11,627) | (7,015) |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 1,996 | ||
| Repayment of debt | (946) | (2,565) | (934) |
| Special cash distribution from Phillips 66 | 7,818 | ||
| Change in restricted cash | 748 | (748) | |
| Issuance of company common stock | 20 | 138 | 96 |
| Repurchase of company common stock | (5,098) | (11,123) | |
| Dividends paid on company common stock | (3,334) | (3,278) | (3,632) |
| Other | (3,621) | (725) | (684) |
| Net cash used in continuing financing activities | (7,133) | (2,462) | (16,277) |
| Net cash used in discontinued operations | (2,019) | (28) | |
| Net Cash Used in Financing Activities | (7,133) | (4,481) | (16,305) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (75) | 24 | |
| Net Change in Cash and Cash Equivalents | 2,628 | (2,162) | (3,674) |
| Cash and cash equivalents at beginning of period | 3,618 | 5,780 | |
| Cash and Cash Equivalents at End of Period | 6,246 | 3,618 | 5,780 |
| [1] *Net of provision for income taxes on discontinued operations of: $283, $745, $2,291 | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CONOCOPHILLIPS | ||
Ticker: COP Fiscal Year: 2013 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2013 10-K (Filed: Feb 25, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2013 | Dec 31, 2012 | |
| Assets | ||
| Cash and cash equivalents | $ 6,246 | 3,618 |
| Short-term Investments | 272 [1] | |
| Restricted cash | 748 | |
| Accounts and notes receivable (net of allowance of $8 million in 2013 and $10 million in 2012) | 8,273 | 8,929 |
| Accounts and notes receivable-related parties | 214 | 253 |
| Inventories | 1,194 | 965 |
| Prepaid expenses and other current assets | 2,824 | 9,476 |
| Total Current Assets | 19,023 | 23,989 |
| Investments and long-term receivables | 23,907 | 23,489 |
| Loans and advances-related parties | 1,357 | 1,517 |
| Net properties, plants and equipment (net of accumulated depreciation, depletion and amortization of $65,321 million in 2013 and $58,916 million in 2012) | 72,827 | 67,263 |
| Other assets | 943 | 886 |
| Total Assets | 118,057 | 117,144 |
| Liabilities | ||
| Accounts payable | 9,250 | 9,154 |
| Accounts payable-related parties | 64 | 859 |
| Short-term debt | 589 | 955 |
| Accrued income and other taxes | 2,713 | 3,366 |
| Employee benefit obligations | 842 | 742 |
| Other accruals | 1,671 | 2,367 |
| Total Current Liabilities | 15,129 | 17,443 |
| Long-term debt | 21,073 | 20,770 |
| Long-term asset retirement obligations and accrued environmental costs | 9,883 | 8,947 |
| Joint venture acquisition obligation-related party | 2,810 | |
| Deferred income taxes | 15,220 | 13,185 |
| Employee benefit obligations | 2,459 | 3,346 |
| Other liabilities and deferred credits | 1,801 | 2,216 |
| Total Liabilities | 65,565 | 68,717 |
| Equity | ||
| Common stock (2,500,000,000 shares authorized at $.01 par value) Issued (2013- 1,768,169,906 shares; 2012- 1,762,247,949) Par value | 18 | 18 |
| Capital in excess of par | 45,690 | 45,324 |
| Treasury stock (at cost: 2013- 542,230,673; 2012- 542,230,673) | (36,780) | (36,780) |
| Accumulated other comprehensive income | 2,002 | 4,087 |
| Retained earnings | 41,160 | 35,338 |
| Total Common Stockholders' Equity | 52,090 | 47,987 |
| Noncontrolling interests | 402 | 440 |
| Total Equity | 52,492 | 48,427 |
| Total Liabilities and Equity | 118,057 | 117,144 |
| [1] *Includes marketable securities of: $135, 0 | ||
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2013 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |