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: 2015 | |||
Consolidated Income Statement | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 23, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 29,564 | 52,524 | 54,413 |
| Equity in earnings of affiliates | 655 | 2,529 | 2,219 |
| Gain on dispositions | 591 | 98 | 1,242 |
| Other income | 125 | 366 | 374 |
| Total Revenues and Other Income | 30,935 | 55,517 | 58,248 |
| Costs and Expenses | |||
| Purchased commodities | 12,426 | 22,099 | 22,643 |
| Production and operating expenses | 7,016 | 8,909 | 7,238 |
| Selling, general and administrative expenses | 953 | 735 | 854 |
| Exploration expenses | 4,192 | 2,045 | 1,232 |
| Depreciation, depletion and amortization | 9,113 | 8,329 | 7,434 |
| Impairments | 2,245 | 856 | 529 |
| Taxes other than income taxes | 901 | 2,088 | 2,884 |
| Accretion on discounted liabilities | 483 | 484 | 434 |
| Interest and debt expense | 920 | 648 | 612 |
| Foreign currency transaction (gains) losses | (75) | (66) | (58) |
| Total Costs and Expenses | 38,174 | 46,127 | 43,802 |
| Income (loss) from continuing operations before income taxes | (7,239) | 9,390 | 14,446 |
| Provision (benefit) for income taxes | (2,868) | 3,583 | 6,409 |
| Income (Loss) From Continuing Operations | (4,371) | 5,807 | 8,037 |
| Income (loss) from discontinued operations | 0 [1] | 1,131 | 1,178 |
| Net income (loss) | (4,371) | 6,938 | 9,215 |
| Less: net income attributable to noncontrolling interests | (57) | (69) | (59) |
| Net Income (Loss) Attributable to ConocoPhillips | (4,428) | 6,869 | 9,156 |
| Amounts Attributable to ConocoPhillips Common Shareholders: | |||
| Income (loss) from continuing operations | (4,428) | 5,738 | 7,978 |
| Income from discontinued operations | 0 | 1,131 | 1,178 |
| Net income (loss) attributable to ConocoPhillips | (4,428) | 6,869 | 9,156 |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock (dollars) | |||
| Basic | |||
| Continuing operations | (3.58) | 4.63 | 6.47 |
| Discontinued operations | 0.00 | 0.91 | 0.96 |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock | (3.58) | 5.54 | 7.43 |
| Diluted | |||
| Continuing operations | (3.58) | 4.60 | 6.43 |
| Discontinued operations | 0.00 | 0.91 | 0.95 |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock | (3.58) | 5.51 | 7.38 |
| Dividends Paid Per Share of Common Stock (dollars) | 2.94 | 2.84 | 2.70 |
| Average Common Shares Outstanding (in thousands) | |||
| Basic | 1,241,919 | 1,237,325 | 1,230,963 |
| Diluted | 1,241,919 | 1,245,863 | 1,239,803 |
| [1] Net of provision for income taxes on discontinued operations of: $0, $16, $283 | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2015 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 23, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Consolidated Statement of Comprehensive Income | |||
| Net income (loss) | $ (4,371) | 6,938 | 9,215 |
| Other comprehensive income (loss): | |||
| Defined benefit plans | |||
| Prior service (cost) credit arising during the period | 301 | (3) | 1 |
| Amortization of prior service cost (credit) included in income | (19) | (6) | (5) |
| Net change | 282 | (9) | (4) |
| Net actuarial gain (loss) arising during the period | 592 | (840) | 688 |
| Reclassification adjustment for amortization of prior service credit included in net income (loss) | 403 | 131 | 294 |
| Net change | 995 | (709) | 982 |
| Nonsponsored plans | 1 [1] | 0 | 10 |
| Income taxes on defined benefit plans | (460) | 281 | (387) |
| Defined benefit plans, net of tax | 818 | (437) | 601 |
| Foreign currency translation adjustments | (5,199) | (3,539) | (2,705) |
| Reclassification adjustment for gain included in net income (loss) | 0 | 0 | (4) |
| Income taxes on foreign currency translation adjustments | 36 | 72 | 23 |
| Foreign currency translation adjustments, net of tax | (5,163) | (3,467) | (2,686) |
| Hedging activities | 0 | ||
| Hedging activities, net of tax | 0 | ||
| Other comprehensive income (loss), net of tax | (4,345) | (3,904) | (2,085) |
| Comprehensive income (loss) | (8,716) | 3,034 | 7,130 |
| Less: comprehensive income attributable to noncontrolling interests | (57) | (69) | (59) |
| Comprehensive Income (Loss) Attributable to ConocoPhillips | (8,773) | 2,965 | 7,071 |
| [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: 2015 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 23, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash Flows From Operating Activities | |||
| Net income (loss) | $ (4,371) | 6,938 | 9,215 |
| Adjustments to reconcile net income to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 9,113 | 8,329 | 7,434 |
| Impairments | 2,245 | 856 | 529 |
| Dry hole costs and leasehold impairments | 3,065 | 1,166 [1] | 443 |
| Accretion on discounted liabilities | 483 | 484 | 434 |
| Deferred taxes | (2,772) | 709 | 1,311 |
| Undistributed equity earnings | 101 | 77 | (822) |
| Gain on dispositions | (591) | (98) | (1,242) |
| Income from discontinued operations | 0 [2] | (1,131) | (1,178) |
| Other | 321 | (233) | (371) |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | 1,810 | 1,227 | 744 |
| Decrease (increase) in inventories | 166 | (193) | (278) |
| Decrease (increase) in prepaid expenses and other current assets | 239 | (190) | (83) |
| Increase (decrease) in accounts payable | (1,647) | (963) | 238 |
| Increase (decrease) in taxes and other accruals | (590) | (566) | (518) |
| Net cash provided by continuing operating activities | 7,572 | 16,412 | 15,856 |
| Net cash provided by discontinued operations | 0 | 157 | 285 |
| Net Cash Provided by Operating Activities | 7,572 | 16,569 | 16,141 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (10,050) | (17,085) | (15,537) |
| Working capital changes associated with investing activities | (968) | 180 | (55) |
| Proceeds from asset dispositions | 1,952 | 1,603 | 10,220 |
| Net sales (purchases) of short-term investments | 0 | 253 | (263) |
| Collection of advances/loans-related parties | 105 | 603 | 145 |
| Other | 306 | (446) | (212) |
| Net cash used in continuing investing activities | (8,655) | (14,892) | (5,702) |
| Net cash provided by (used in) discontinued operations | 0 | (73) | (603) |
| Net Cash Provided by (Used in) Investing Activities | (8,655) | (14,965) | (6,305) |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 2,498 | 2,994 | 0 |
| Repayment of debt | (103) | (2,014) | (946) |
| Change in restricted cash | 0 | 0 | 748 |
| Issuance of company common stock | (82) | 35 | 20 |
| Dividends paid on company common stock | (3,664) | (3,525) | (3,334) |
| Other | (78) | (64) | (3,621) |
| Net cash used in continuing financing activities | (1,429) | (2,574) | (7,133) |
| Net cash used in discontinued operations | 0 | 0 | 0 |
| Net Cash Used in Financing Activities | (1,429) | (2,574) | (7,133) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (182) | (214) | (75) |
| Net Change in Cash and Cash Equivalents | (2,694) | (1,184) | 2,628 |
| Cash and cash equivalents at beginning of period | 5,062 | 6,246 | |
| Cash and Cash Equivalents at End of Period | 2,368 | 5,062 | 6,246 |
| [1] *Certain amounts have been reclassified to conform to current-period presentation. See Note 21Cash Flow Information, in the Notes to Consolidated Financial Statements. | |||
| [2] Net of provision for income taxes on discontinued operations of: $0, $16, $283 | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CONOCOPHILLIPS | ||
Ticker: COP Fiscal Year: 2015 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 23, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| Assets | ||
| Cash and cash equivalents | $ 2,368 | 5,062 |
| Accounts and notes receivable (net of allowance of $7 million in 2015 and $5 million in 2014) | 4,314 | 6,675 |
| Accounts and notes receivable-related parties | 200 | 132 |
| Inventories | 1,124 | 1,331 |
| Prepaid expenses and other current assets | 783 | 1,868 |
| Total Current Assets | 8,789 | 15,068 |
| Investments and long-term receiavables | 20,490 | 24,335 |
| Loans and advances-related parties | 696 | 804 |
| Net properties, plants and equipment (net of accumulated depreciation, depletion and amortization of $70,413 million in 2015 and $70,786 million in 2014) | 66,446 | 75,444 |
| Other assets | 1,063 | 888 |
| Total Assets | 97,484 | 116,539 |
| Liabilities | ||
| Accounts payable | 4,895 | 7,982 |
| Accounts payable-related parties | 38 | 44 |
| Short-term debt | 1,427 | 182 |
| Accrued income and other taxes | 499 | 1,051 |
| Employee benefit obligations | 887 | 878 |
| Other accruals | 1,510 | 1,400 |
| Total Current Liabilities | 9,256 | 11,537 |
| Long-term debt | 23,453 | 22,383 |
| Long-term asset retirement obligations and accrued environmental costs | 9,580 | 10,647 |
| Deferred income taxes | 10,999 | 15,070 |
| Employee benefit obligations | 2,286 | 2,964 |
| Other liabilities and deferred credits | 1,828 | 1,665 |
| Total Liabilities | 57,402 | 64,266 |
| Equity | ||
| Common stock (2,500,000,000 shares authorized at $.01 par value) | 18 | 18 |
| Capital in excess of par | 46,357 | 46,071 |
| Treasury stock (at cost: 2015-542,230,673; 2014-542,230,673) | (36,780) | (36,780) |
| Accumulated other comprehensive income (loss) | (6,247) | (1,902) |
| Retained earnings | 36,414 | 44,504 |
| Total Common Stockholders' Equity | 39,762 | 51,911 |
| Noncontrolling interests | 320 | 362 |
| Total Equity | 40,082 | 52,273 |
| Total Liabilities and Equity | 97,484 | 116,539 |
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2015 | |
| 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 |