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: 2012 | |||
Consolidated Income Statement | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 19, 2013) | |||
| (In Dollars) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 57,967,000,000 | 64,196,000,000 | 56,215,000,000 |
| Equity in earnings of affiliates | 1,911,000,000 | 1,239,000,000 | 1,376,000,000 |
| Gain on dispositions | 1,657,000,000 | 370,000,000 | 5,563,000,000 |
| Other income | 469,000,000 | 264,000,000 | 181,000,000 |
| Total Revenues and Other Income | 62,004,000,000 | 66,069,000,000 | 63,335,000,000 |
| Costs and Expenses | |||
| Purchased commodities | 25,232,000,000 | 29,797,000,000 | 24,854,000,000 |
| Production and operating expenses | 6,793,000,000 | 6,426,000,000 | 6,227,000,000 |
| Selling, general and administrative expenses | 1,106,000,000 | 865,000,000 | 809,000,000 |
| Exploration expenses | 1,500,000,000 | 1,038,000,000 | 1,125,000,000 |
| Depreciation, depletion and amortization | 6,580,000,000 | 6,827,000,000 | 8,004,000,000 |
| Impairments | 680,000,000 | 321,000,000 | 81,000,000 |
| Taxes other than income taxes | 3,546,000,000 | 3,999,000,000 | 2,788,000,000 |
| Accretion on discounted liabilities | 394,000,000 | 422,000,000 | 409,000,000 |
| Interest and debt expense | 709,000,000 | 954,000,000 | 1,167,000,000 |
| Foreign currency transaction (gains) losses | 41,000,000 | 24,000,000 | (4,000,000) |
| Total Costs and Expenses | 46,581,000,000 | 50,673,000,000 | 45,460,000,000 |
| Income from continuing operations before income taxes | 15,423,000,000 | 15,396,000,000 | 17,875,000,000 |
| Provision for income taxes | 7,942,000,000 | 8,208,000,000 | 7,570,000,000 |
| Income (Loss) From Continuing Operations | 7,481,000,000 | 7,188,000,000 | 10,305,000,000 |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | 1,017,000,000 [1] | 5,314,000,000 | 1,112,000,000 |
| Net income | 8,498,000,000 | 12,502,000,000 | 11,417,000,000 |
| Less: net income attributable to noncontrolling interests | (70,000,000) | (66,000,000) | (59,000,000) |
| Net Income Attributable to ConocoPhillips | 8,428,000,000 | 12,436,000,000 | 11,358,000,000 |
| Amounts Attributable to ConocoPhillips Common Shareholders: | |||
| Income from continuing operations | 7,413,000,000 | 7,127,000,000 | 10,251,000,000 |
| Income from discontinued operations | 1,015,000,000 | 5,309,000,000 | 1,107,000,000 |
| Net income (loss) attributable to ConocoPhillips | 8,428,000,000 | 12,436,000,000 | 11,358,000,000 |
| Net Income Attributable to ConocoPhillips Per Share of Common Stock (dollars) | |||
| Basic | |||
| Continuing operations | 6 | 5 | 7 |
| Discontinued operations | 1 | 4 | 1 |
| Net Income Attributable to ConocoPhillips Per Share of Common Stock | 7 | 9 | 8 |
| Diluted | |||
| Continuing operations | 6 | 5 | 7 |
| Discontinued operations | 1 | 4 | 1 |
| Net Income Attributable to ConocoPhillips Per Share of Common Stock | 7 | 9 | 8 |
| Net Income Attributable to ConocoPhillips Per Share of Common Stock | 3 | 3 | 2 |
| Average Common Shares Outstanding (in thousands) | |||
| Basic | 1,243,799 | 1,375,035 | 1,479,330 |
| Diluted | 1,253,093 | 1,387,100 | 1,491,067 |
| [1] *Net of provision for income taxes on discontinued operations of: $745, $2,291, $763 | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2012 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 19, 2013) | |||
| (In Dollars) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Consolidated Statement of Comprehensive Income | |||
| Net income | $ 8,498,000,000 | 12,502,000,000 | 11,417,000,000 |
| Other comprehensive income (loss): | |||
| Defined benefit plans | |||
| Prior service (cost) credit arising during the period | 2,000,000 | 19,000,000 | (13,000,000) |
| Reclassification adjustment for amortization of prior service cost included in net income | (5,000,000) | 2,000,000 | 15,000,000 |
| Net change | (3,000,000) | 21,000,000 | 2,000,000 |
| Net actuarial loss arising during the period | (704,000,000) | (1,185,000,000) | (9,000,000) |
| Reclassification adjustment for amortization of prior net losses included in net income | 430,000,000 | 226,000,000 | 215,000,000 |
| Net change | (274,000,000) | (959,000,000) | 206,000,000 |
| Nonsponsored plans | 8,000,000 [1] | (50,000,000) | 5,000,000 |
| Income taxes on defined benefit plans | 132,000,000 | 375,000,000 | (67,000,000) |
| Defined benefit plans, net of tax | (137,000,000) | (613,000,000) | 146,000,000 |
| Unrealized holding gain on securities | 8,000,000 | 631,000,000 [2] | |
| Reclassification adjustment for amortization of prior net losses included in net income | (255,000,000) | (384,000,000) | |
| Income taxes on unrealized holding gain on securities | 89,000,000 | (89,000,000) | |
| Unrealized gain on securities, net of tax | (158,000,000) | 158,000,000 | |
| Foreign currency translation adjustments | 929,000,000 | (387,000,000) | 1,417,000,000 |
| Reclassification adjustment for gain included in net income | (155,000,000) | (516,000,000) | |
| Income taxes on foreign currency translation adjustments | (16,000,000) | (14,000,000) | (13,000,000) |
| Foreign currency translation adjustments, net of tax | 758,000,000 | (917,000,000) | 1,404,000,000 |
| Hedging activities | 6,000,000 | 1,000,000 | |
| Hedging activities, net of tax | 6,000,000 | 1,000,000 | |
| Other comprehensive income (loss), net of tax | 627,000,000 | (1,687,000,000) | 1,708,000,000 |
| Comprehensive income | 9,125,000,000 | 10,815,000,000 | 13,125,000,000 |
| Less: comprehensive income attributable to noncontrolling interests | (70,000,000) | (66,000,000) | (59,000,000) |
| Comprehensive Income Attributable to ConocoPhillips | 9,055,000,000 | 10,749,000,000 | 13,066,000,000 |
| [1] Plans for which ConocoPhillips is not the primary obligorprimarily those administered by equity affiliates. | |||
| [2] Available-for-sale securities of LUKOIL. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2012 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 19, 2013) | |||
| (In Dollars) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Cash Flows From Operating Activities | |||
| Net income | $ 8,498,000,000 | 12,502,000,000 | 11,417,000,000 |
| Adjustments to reconcile net income to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 6,580,000,000 | 6,827,000,000 | 8,004,000,000 |
| Impairments | 680,000,000 | 321,000,000 | 81,000,000 |
| Dry hole costs and leasehold impairments | 874,000,000 | 469,000,000 | 476,000,000 |
| Accretion on discounted liabilities | 394,000,000 | 422,000,000 | 409,000,000 |
| Deferred taxes | 1,397,000,000 | 340,000,000 | (973,000,000) |
| Undistributed equity earnings | (596,000,000) | (131,000,000) | (357,000,000) |
| Gain on dispositions | (1,657,000,000) | (370,000,000) | (5,563,000,000) |
| Income from discontinued operations | (1,017,000,000) [1] | (5,314,000,000) | (1,112,000,000) |
| Other | (456,000,000) | (403,000,000) | (371,000,000) |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | (1,866,000,000) | (938,000,000) | 324,000,000 |
| Decrease (increase) in inventories | 210,000,000 | (81,000,000) | (43,000,000) |
| Decrease (increase) in prepaid expenses and other current assets | 513,000,000 | (300,000,000) | 150,000,000 |
| Increase (decrease) in accounts payable | 1,103,000,000 | 1,297,000,000 | (18,000,000) |
| Increase (decrease) in taxes and other accruals | (1,199,000,000) | (688,000,000) | 1,589,000,000 |
| Net cash provided by continuing operating activities | 13,458,000,000 | 13,953,000,000 | 14,013,000,000 |
| Net cash provided by discontinued operations | 464,000,000 | 5,693,000,000 | 3,032,000,000 |
| Net Cash Provided by Operating Activities | 13,922,000,000 | 19,646,000,000 | 17,045,000,000 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (14,172,000,000) | (11,214,000,000) | (7,535,000,000) |
| Proceeds from asset dispositions | 2,132,000,000 | 2,192,000,000 | 14,710,000,000 |
| Net sales (purchases) of short-term investments | 597,000,000 | 400,000,000 | (982,000,000) |
| Long-term advances/loans-related parties | (118,000,000) | ||
| Collection of advances/loans-related parties | 114,000,000 | 98,000,000 | 95,000,000 |
| Other | 821,000,000 | 50,000,000 | 218,000,000 |
| Net cash used in continuing investing activities | (10,508,000,000) | (8,474,000,000) | 6,388,000,000 |
| Net cash provided by (used in) discontinued operations | (1,119,000,000) | 1,459,000,000 | (1,723,000,000) |
| Net Cash Provided by (Used in) Investing Activities | (11,627,000,000) | (7,015,000,000) | 4,665,000,000 |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 1,996,000,000 | 118,000,000 | |
| Repayment of debt | (2,565,000,000) | (934,000,000) | (5,294,000,000) |
| Special cash distribution from Phillips 66 | 7,818,000,000 | ||
| Change in restricted cash | (748,000,000) | ||
| Issuance of company common stock | 138,000,000 | 96,000,000 | 133,000,000 |
| Repurchase of company common stock | (5,098,000,000) | (11,123,000,000) | (3,866,000,000) |
| Dividends paid on company common stock | (3,278,000,000) | (3,632,000,000) | (3,175,000,000) |
| Other | (725,000,000) | (684,000,000) | (706,000,000) |
| Net cash used in continuing financing activities | (2,462,000,000) | (16,277,000,000) | (12,790,000,000) |
| Net cash used in discontinued operations | (2,019,000,000) | (28,000,000) | (29,000,000) |
| Net Cash Used in Financing Activities | (4,481,000,000) | (16,305,000,000) | (12,819,000,000) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 24,000,000 | 21,000,000 | |
| Net Change in Cash and Cash Equivalents | (2,162,000,000) | (3,674,000,000) | 8,912,000,000 |
| Cash and cash equivalents at beginning of period | 5,780,000,000 | 9,454,000,000 | |
| Cash and Cash Equivalents at End of Period | 3,618,000,000 | 5,780,000,000 | 9,454,000,000 |
| [1] *Net of provision for income taxes on discontinued operations of: $745, $2,291, $763 | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CONOCOPHILLIPS | ||
Ticker: COP Fiscal Year: 2012 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2012 10-K (Filed: Feb 19, 2013) | ||
| (In Dollars) | ||
| As of | As of | |
| Dec 31, 2012 | Dec 31, 2011 | |
| Assets | ||
| Cash and cash equivalents | $ 3,618,000,000 | 5,780,000,000 |
| Short-term Investments | 581,000,000 [1] | |
| Restricted cash | 748,000,000 | |
| Accounts and notes receivable (net of allowance of $10 million in 2012 and $30 million in 2011) | 8,929,000,000 | 14,648,000,000 |
| Accounts and notes receivable-related parties | 253,000,000 | 1,878,000,000 |
| Inventories | 965,000,000 | 4,631,000,000 |
| Prepaid expenses and other current assets | 9,476,000,000 | 2,700,000,000 |
| Total Current Assets | 23,989,000,000 | 30,218,000,000 |
| Investments and long-term receivables | 23,489,000,000 | 32,108,000,000 |
| Loans and advances-related parties | 1,517,000,000 | 1,675,000,000 |
| Net properties, plants and equipment | 67,263,000,000 | 84,180,000,000 |
| Goodwill | 3,332,000,000 | |
| Intangibles | 4,000,000 | 745,000,000 |
| Other assets | 882,000,000 | 972,000,000 |
| Total Assets | 117,144,000,000 | 153,230,000,000 |
| Liabilities | ||
| Accounts payable | 9,154,000,000 | 17,973,000,000 |
| Accounts payable-related parties | 859,000,000 | 1,680,000,000 |
| Short-term debt | 955,000,000 | 1,013,000,000 |
| Accrued income and other taxes | 3,366,000,000 | 4,220,000,000 |
| Employee benefit obligations | 742,000,000 | 1,111,000,000 |
| Other accruals | 2,367,000,000 | 2,071,000,000 |
| Total Current Liabilities | 17,443,000,000 | 28,068,000,000 |
| Long-term debt | 20,770,000,000 | 21,610,000,000 |
| Long-term asset retirement obligations and accrued environmental costs | 8,947,000,000 | 9,329,000,000 |
| Joint venture acquisition obligation-related party | 2,810,000,000 | 3,582,000,000 |
| Deferred income taxes | 13,185,000,000 | 18,040,000,000 |
| Employee benefit obligations | 3,346,000,000 | 4,068,000,000 |
| Other liabilities and deferred credits | 2,216,000,000 | 2,784,000,000 |
| Total Liabilities | 68,717,000,000 | 87,481,000,000 |
| Equity | ||
| Common stock (2,500,000,000 shares authorized at $.01 par value) Issued (2012- 1,762,247,949 shares; 2011- 1,749,550,587 shares) Par value | 18,000,000 | 17,000,000 |
| Capital in excess of par | 45,324,000,000 | 44,725,000,000 |
| Treasury stock (at cost: 2012- 542,230,673 shares; 2011- 463,880,628 shares | (36,780,000,000) | (31,787,000,000) |
| Accumulated other comprehensive income | 4,087,000,000 | 3,246,000,000 |
| Unearned employee compensation | 0 | (11,000,000) |
| Retained earnings | 35,338,000,000 | 49,049,000,000 |
| Total Common Stockholders' Equity | 47,987,000,000 | 65,239,000,000 |
| Noncontrolling interests | 440,000,000 | 510,000,000 |
| Total Equity | 48,427,000,000 | 65,749,000,000 |
| Total Liabilities and Equity | 117,144,000,000 | 153,230,000,000 |
| [1] *Includes marketable securities of: $0, $232 | ||
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2012 | |
| 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 |