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: 2010 | |||
Consolidated Statement of Operations | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 23, 2011) | |||
| (In Dollars) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 189,441,000,000 | 149,341,000,000 | 240,842,000,000 |
| Equity in earnings of affiliates | 3,133,000,000 | 2,531,000,000 | 4,999,000,000 |
| Gain on dispositions | 5,803,000,000 | 160,000,000 | 891,000,000 [1] |
| Other income | 278,000,000 | 358,000,000 | 199,000,000 |
| Total Revenues and Other Income | 198,655,000,000 | 152,390,000,000 | 246,931,000,000 |
| Costs and Expenses | |||
| Purchased crude oil, natural gas and products | 135,751,000,000 | 102,433,000,000 | 168,663,000,000 |
| Production and operating expenses | 10,635,000,000 | 10,339,000,000 | 11,818,000,000 |
| Selling, general and administrative expenses | 2,005,000,000 | 1,830,000,000 | 2,229,000,000 |
| Exploration expenses | 1,155,000,000 | 1,182,000,000 | 1,337,000,000 |
| Depreciation, depletion and amortization | 9,060,000,000 | 9,295,000,000 | 9,012,000,000 |
| Impairments | |||
| Goodwill | 25,443,000,000 | ||
| LUKOIL investment | 7,496,000,000 | ||
| Other | 1,780,000,000 | 535,000,000 | 1,686,000,000 |
| Taxes other than income taxes | 16,793,000,000 | 15,529,000,000 | 20,637,000,000 [2] |
| Accretion on discounted liabilities | 447,000,000 | 422,000,000 | 418,000,000 |
| Interest and debt expense | 1,187,000,000 | 1,289,000,000 | 935,000,000 |
| Foreign currency transaction (gains) losses | 92,000,000 | (46,000,000) | 117,000,000 |
| Total Costs and Expenses | 178,905,000,000 | 142,808,000,000 | 249,791,000,000 |
| Income (loss) before income taxes | 19,750,000,000 | 9,582,000,000 | (2,860,000,000) |
| Provision for income taxes | 8,333,000,000 | 5,090,000,000 | 13,419,000,000 |
| Net income (loss) | 11,417,000,000 | 4,492,000,000 | (16,279,000,000) |
| Less: net income attributable to noncontrolling interests | (59,000,000) | (78,000,000) | (70,000,000) |
| Net Income (Loss) Attributable to ConocoPhillips | 11,358,000,000 | 4,414,000,000 | (16,349,000,000) |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock (dollars) | |||
| Basic | 8 | 3 | (11) |
| Diluted | 8 | 3 | (11) |
| Average Common Shares Outstanding (in thousands) | |||
| Basic | 1,479,330,000 | 1,487,650,000 | 1,523,432,000 |
| Diluted | 1,491,067,000 | 1,497,608,000 | 1,523,432,000 |
| [1] ** Recast to reflect a change in accounting principle. See Note 2-Changes in Accounting Principles, for more information. Also, certain amounts have been reclassified to conform to current-year presentation. | |||
| [2] * Includes excise taxes on petroleum products sales: $13,689, $13,325 and $15,418 for the year ended 2010, 2009 and 2008, respectively. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2010 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 23, 2011) | |||
| (In Dollars) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Cash Flows From Operating Activities | |||
| Net income (loss) | $ 11,417,000,000 | 4,492,000,000 | (16,279,000,000) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 9,060,000,000 | 9,295,000,000 | 9,012,000,000 |
| Impairments | 1,780,000,000 | 535,000,000 | 34,625,000,000 |
| Dry hole costs and leasehold impairments | 477,000,000 | 606,000,000 | 698,000,000 |
| Accretion on discounted liabilities | 447,000,000 | 422,000,000 | 418,000,000 |
| Deferred taxes | (878,000,000) | (1,115,000,000) | (414,000,000) |
| Undistributed equity earnings | (1,073,000,000) | (1,254,000,000) | (2,357,000,000) |
| Gain on dispositions | (5,803,000,000) | (160,000,000) | (891,000,000) |
| Other | (249,000,000) | 196,000,000 | (1,135,000,000) |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | (2,427,000,000) | (1,106,000,000) | 4,225,000,000 |
| Decrease (increase) in inventories | (363,000,000) | 320,000,000 | (1,321,000,000) |
| Decrease (increase) in prepaid expenses and other current assets | 43,000,000 | 282,000,000 | (724,000,000) |
| Increase (decrease) in accounts payable | 2,887,000,000 | 1,612,000,000 | (3,874,000,000) |
| Increase (decrease) in taxes and other accruals | 1,727,000,000 | (1,646,000,000) | 675,000,000 |
| Net Cash Provided by Operating Activities | 17,045,000,000 | 12,479,000,000 | 22,658,000,000 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (9,761,000,000) | (10,861,000,000) | (19,099,000,000) |
| Proceeds from asset dispositions | 15,372,000,000 | 1,270,000,000 | 1,640,000,000 |
| Purchases of short-term investments | (982,000,000) | ||
| Long-term advances/loans-related parties | (313,000,000) | (525,000,000) | (163,000,000) |
| Collection of advances/loans-related parties | 115,000,000 | 93,000,000 | 34,000,000 |
| Other | 234,000,000 | 88,000,000 | (28,000,000) |
| Net Cash Provided by (Used in) Investing Activities | 4,665,000,000 | (9,935,000,000) | (17,616,000,000) |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 118,000,000 | 9,087,000,000 | 7,657,000,000 |
| Repayment of debt | (5,320,000,000) | (7,858,000,000) | (1,897,000,000) |
| Issuance of company common stock | 133,000,000 | 13,000,000 | 198,000,000 |
| Repurchase of company common stock | (3,866,000,000) | (8,249,000,000) | |
| Dividends paid on company common stock | (3,175,000,000) | (2,832,000,000) | (2,854,000,000) |
| Other | (709,000,000) | (1,265,000,000) | (619,000,000) |
| Net Cash Used in Financing Activities | (12,819,000,000) | (2,855,000,000) | (5,764,000,000) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 21,000,000 | 98,000,000 | 21,000,000 |
| Net Change in Cash and Cash Equivalents | 8,912,000,000 | (213,000,000) | (701,000,000) |
| Cash and cash equivalents at beginning of year | 542,000,000 | 755,000,000 | |
| Cash and Cash Equivalents at End of Year | 9,454,000,000 | 542,000,000 | 755,000,000 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CONOCOPHILLIPS | ||
Ticker: COP Fiscal Year: 2010 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2010 10-K (Filed: Feb 23, 2011) | ||
| (In Dollars) | ||
| As of | As of | |
| Dec 31, 2010 | Dec 31, 2009 | |
| Assets | ||
| Cash and cash equivalents | $ 9,454,000,000 | 542,000,000 |
| Short-Term investments | 973,000,000 [1] | |
| Accounts and notes receivable (net of allowance of $32 million in 2010 and $76 million in 2009) | 13,787,000,000 | 11,861,000,000 |
| Accounts and notes receivable-related parties | 2,025,000,000 | 1,354,000,000 |
| Investment in LUKOIL | 1,083,000,000 | |
| Inventories | 5,197,000,000 | 4,940,000,000 |
| Prepaid expenses and other current assets | 2,141,000,000 | 2,470,000,000 |
| Total Current Assets | 34,660,000,000 | 21,167,000,000 |
| Investments and long-term receivables | 31,581,000,000 | 35,742,000,000 [2] |
| Loans and advances-related parties | 2,180,000,000 | 2,352,000,000 |
| Net properties, plants and equipment | 82,554,000,000 | 87,708,000,000 |
| Goodwill | 3,633,000,000 | 3,638,000,000 |
| Intangibles | 801,000,000 | 823,000,000 |
| Other assets | 905,000,000 | 708,000,000 |
| Total Assets | 156,314,000,000 | 152,138,000,000 |
| Liabilities | ||
| Accounts payable | 16,613,000,000 | 14,168,000,000 |
| Accounts payable-related parties | 1,786,000,000 | 1,317,000,000 |
| Short-term debt | 936,000,000 | 1,728,000,000 |
| Accrued income and other taxes | 4,874,000,000 | 3,402,000,000 |
| Employee benefit obligations | 1,081,000,000 | 846,000,000 |
| Other accruals | 2,129,000,000 | 2,234,000,000 |
| Total Current Liabilities | 27,419,000,000 | 23,695,000,000 |
| Long-term debt | 22,656,000,000 | 26,925,000,000 |
| Asset retirement obligations and accrued environmental costs | 9,199,000,000 | 8,713,000,000 |
| Joint venture acquisition obligation-related party | 4,314,000,000 | 5,009,000,000 |
| Deferred income taxes | 17,335,000,000 | 17,956,000,000 |
| Employee benefit obligations | 3,683,000,000 | 4,130,000,000 |
| Other liabilities and deferred credits | 2,599,000,000 | 3,097,000,000 |
| Total Liabilities | 87,205,000,000 | 89,525,000,000 |
| Equity | ||
| Common stock (2,500,000,000 shares authorized at $.01 par value), Issued (2010 - 1,740,529,279 shares; 2009 - 1,733,345,558 shares) Par value | 17,000,000 | 17,000,000 |
| Capital in excess of par | 44,132,000,000 | 43,681,000,000 |
| Grantor trusts (at cost: 2010- 36,890,375 shares; 2009-38,742,261 shares) | (633,000,000) | (667,000,000) |
| Treasury stock (at cost: 2010-272,873,537 shares; 2009-208,346,815 shares) | (20,077,000,000) | (16,211,000,000) |
| Accumulated other comprehensive income | 4,773,000,000 | 3,065,000,000 |
| Unearned employee compensation | (47,000,000) | (76,000,000) |
| Retained earnings | 40,397,000,000 | 32,214,000,000 |
| Total Common Stockholders' Equity | 68,562,000,000 | 62,023,000,000 |
| Noncontrolling interests | 547,000,000 | 590,000,000 |
| Total Equity | 69,109,000,000 | 62,613,000,000 |
| Total Liabilities and Equity | 156,314,000,000 | 152,138,000,000 |
| [1] Includes marketable securities of: $602 | ||
| [2] Recast to reflect a change in accounting principle. See Note 2 - Changes in Accounting Principles, for more information. | ||
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2010 | |
| 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 |