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: 2009 | |||
Consolidated Statement of Operations | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 25, 2010) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 149,341 | 240,842 | 187,437 |
| Equity in earnings of affiliates | 2,981 | 4,250 | 5,087 |
| Other income | 518 | 1,090 | 1,971 |
| Total Revenues and Other Income | 152,840 | 246,182 | 194,495 |
| Costs and Expenses | |||
| Purchased crude oil, natural gas and products | 102,433 | 168,663 | 123,429 |
| Production and operating expenses | 10,339 | 11,818 | 10,683 |
| Selling, general and administrative expenses | 1,830 | 2,229 | 2,306 |
| Exploration expenses | 1,182 | 1,337 | 1,007 |
| Depreciation, depletion and amortization | 9,295 | 9,012 | 8,298 |
| Impairments - Goodwill | 0 | 25,443 | 0 |
| Impairments - LUKOIL investment | 0 | 7,410 | 0 |
| Impairments - Expropriated assets | 51 | 0 | 4,588 [1] |
| Impairments - Other | 484 | 1,686 | 442 |
| Taxes other than income taxes | 15,529 | 20,637 | 18,990 [2] |
| Accretion on discounted liabilities | 422 | 418 | 341 |
| Interest and debt expense | 1,289 | 935 | 1,253 |
| Foreign currency transaction (gains) losses | (46) | 117 | (201) |
| Total Costs and Expenses | 142,808 | 249,705 | 171,136 |
| Income (loss) before income taxes | 10,032 | (3,523) | 23,359 |
| Provision for income taxes | 5,096 | 13,405 | 11,381 |
| Net income (loss) | 4,936 | (16,928) | 11,978 |
| Less: net income attributable to noncontrolling interests | (78) | (70) | (87) |
| Net Income (Loss) Attributable to ConocoPhillips | 4,858 | (16,998) | 11,891 |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock (dollars) | |||
| Basic | 3.26 [3] | (11.16) | 7.32 |
| Diluted | 3.24 | (11.16) | 7.22 |
| Average Common Shares Outstanding (in thousands) | |||
| Basic | 1,487,650 | 1,523,432 | 1,623,994 |
| Diluted | 1,497,608 | 1,523,432 | 1,645,919 |
| [1] Includes allocated goodwill. | |||
| [2] Includes excise taxes on petroleum products sales: $13,325 million, $15,418 million, $15,937 million for the years 2009, 2008, 2007 respectively. | |||
| [3] For the purpose of the earnings per share calculation only, 2009 net income attributable to ConocoPhillips has been reduced by $12 million for the excess of the amount paid for the redemption of a noncontrolling interest over its carrying value, which was charged directly to retained earnings. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2009 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 25, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Cash Flows From Operating Activities | |||
| Net income (loss) | $ 4,936 | (16,928) | 11,978 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 9,295 | 9,012 | 8,298 |
| Impairments | 535 | 34,539 | 5,030 |
| Dry hole costs and leasehold impairments | 606 | 698 | 463 |
| Accretion on discounted liabilities | 422 | 418 | 341 |
| Deferred taxes | (1,109) | (428) | (33) |
| Undistributed equity earnings | (1,704) | (1,609) | (1,823) |
| Gain on asset dispositions | (160) | (891) | (1,348) |
| Other | 196 | (1,134) | 89 |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | (1,106) | 4,225 | (2,492) |
| Decrease (increase) in inventories | 320 | (1,321) | 767 |
| Decrease (increase) in prepaid expenses and other current assets | 282 | (724) | 487 |
| Increase (decrease) in accounts payable | 1,612 | (3,874) | 2,772 |
| Increase (decrease) in taxes and other accruals | (1,646) | 675 | 21 |
| Net Cash Provided by Operating Activities | 12,479 | 22,658 | 24,550 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (10,861) | (19,099) | (11,791) |
| Proceeds from asset dispositions | 1,270 | 1,640 | 3,572 |
| Long-term advances/loans-related parties | (525) | (163) | (682) |
| Collection of advances/loans-related parties | 93 | 34 | 89 |
| Other | 88 | (28) | 250 |
| Net Cash Used in Investing Activities | (9,935) | (17,616) | (8,562) |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 9,087 | 7,657 | 935 |
| Repayment of debt | (7,858) | (1,897) | (6,454) |
| Issuance of company common stock | 13 | 198 | 285 |
| Repurchase of company common stock | 0 | (8,249) | (7,001) |
| Dividends paid on company common stock | (2,832) | (2,854) | (2,661) |
| Other | (1,265) | (619) | (444) |
| Net Cash Used in Financing Activities | (2,855) | (5,764) | (15,340) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 98 | 21 | (9) |
| Net Change in Cash and Cash Equivalents | (213) | (701) | 639 |
| Cash and cash equivalents at beginning of year | 755 | 1,456 | |
| Cash and Cash Equivalents at End of Year | 542 | 755 | 1,456 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CONOCOPHILLIPS | ||
Ticker: COP Fiscal Year: 2009 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2009 10-K (Filed: Feb 25, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2009 | Dec 31, 2008 | |
| Assets | ||
| Cash and cash equivalents | $ 542 | 755 |
| Accounts and notes receivable (net of allowance of $76 million in 2009 and $61 million in 2008) | 11,861 | 10,892 |
| Accounts and notes receivable-related parties | 1,354 | 1,103 |
| Inventories | 4,940 | 5,095 |
| Prepaid expenses and other current assets | 2,470 | 2,998 |
| Total Current Assets | 21,167 | 20,843 |
| Investments and long-term receivables | 36,192 | 30,926 |
| Loans and advances-related parties | 2,352 | 1,973 |
| Net properties, plants and equipment | 87,708 | 83,947 |
| Goodwill | 3,638 | 3,778 |
| Intangibles | 823 | 846 |
| Other assets | 708 | 552 |
| Total Assets | 152,588 | 142,865 |
| Liabilities | ||
| Accounts payable | 14,168 | 12,852 |
| Accounts payable-related parties | 1,317 | 1,138 |
| Short-term debt | 1,728 | 370 |
| Accrued income and other taxes | 3,402 | 4,273 |
| Employee benefit obligations | 846 | 939 |
| Other accruals | 2,234 | 2,208 |
| Total Current Liabilities | 23,695 | 21,780 |
| Long-term debt | 26,925 | 27,085 |
| Asset retirement obligations and accrued environmental costs | 8,713 | 7,163 |
| Joint venture acquisition obligation-related party | 5,009 | 5,669 |
| Deferred income taxes | 17,962 | 18,167 |
| Employee benefit obligations | 4,130 | 4,127 |
| Other liabilities and deferred credits | 3,097 | 2,609 |
| Total Liabilities | 89,531 | 86,600 |
| Equity | ||
| Common stock (2,500,000,000 shares authorized at $.01 par value) Issued (2009-1,733,345,558 shares; 2008-1,729,264,859 shares) Par value | 17 | 17 |
| Capital in excess of par | 43,681 | 43,396 |
| Grantor trusts (at cost: 2009-38,742,261 shares; 2008-40,739,129 shares) | (667) | (702) |
| Treasury stock (at cost: 2009 and 2008-208,346,815 shares) | (16,211) | (16,211) |
| Accumulated other comprehensive income (loss) | 3,065 | (1,875) |
| Unearned employee compensation | (76) | (102) |
| Retained earnings | 32,658 | 30,642 |
| Total Common Stockholders' Equity | 62,467 | 55,165 |
| Noncontrolling interests | 590 | 1,100 |
| Total Equity | 63,057 | 56,265 |
| Total Liabilities and Equity | 152,588 | 142,865 |
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2009 | |
| 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 |