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: 2016 | |||
Consolidated Income Statement | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 21, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 23,693 | 29,564 | 52,524 |
| Equity in earnings of affiliates | 52 | 655 | 2,529 |
| Gain on dispositions | 360 | 591 | 98 |
| Other income | 255 | 125 | 366 |
| Total Revenues and Other Income | 24,360 | 30,935 | 55,517 |
| Costs and Expenses | |||
| Purchased commodities | 9,994 | 12,426 | 22,099 |
| Production and operating expenses | 5,667 | 7,016 | 8,909 |
| Selling, general and administrative expenses | 723 | 953 | 735 |
| Exploration expenses | 1,915 | 4,192 | 2,045 |
| Depreciation, depletion and amortization | 9,062 | 9,113 | 8,329 |
| Impairments | 139 | 2,245 | 856 |
| Taxes other than income taxes | 739 | 901 | 2,088 |
| Accretion on discounted liabilities | 425 | 483 | 484 |
| Interest and debt expense | 1,245 | 920 | 648 |
| Foreign currency transaction (gains) losses | (19) | (75) | (66) |
| Total Costs and Expenses | 29,890 | 38,174 | 46,127 |
| Income (loss) from continuing operations before income taxes | (5,530) | (7,239) | 9,390 |
| Provision (benefit) for income taxes | (1,971) | (2,868) | 3,583 |
| Income (Loss) From Continuing Operations | (3,559) | (4,371) | 5,807 |
| Income (loss) from discontinued operations | 1,131 [1] | ||
| Net income (loss) | (3,559) | (4,371) | 6,938 |
| Less: net income attributable to noncontrolling interests | (56) | (57) | (69) |
| Net Income (Loss) Attributable to ConocoPhillips | (3,615) | (4,428) | 6,869 |
| Amounts Attributable to ConocoPhillips Common Shareholders: | |||
| Income (loss) from continuing operations | (3,615) | (4,428) | 5,738 |
| Income from discontinued operations | 0 | 0 | 1,131 |
| Net income (loss) attributable to ConocoPhillips | (3,615) | (4,428) | 6,869 |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock (dollars) | |||
| Basic | |||
| Continuing operations | (2.91) | (3.58) | 4.63 |
| Discontinued operations | 0.00 | 0.00 | 0.91 |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock | (2.91) | (3.58) | 5.54 |
| Diluted | |||
| Continuing operations | (2.91) | (3.58) | 4.60 |
| Discontinued operations | 0.00 | 0.00 | 0.91 |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock | (2.91) | (3.58) | 5.51 |
| Dividends Paid Per Share of Common Stock (dollars) | 1.00 | 2.94 | 2.84 |
| Average Common Shares Outstanding (in thousands) | |||
| Basic | 1,245,440 | 1,241,919 | 1,237,325 |
| Diluted | 1,245,440 | 1,241,919 | 1,245,863 |
| [1] Net of provision for income taxes on discontinued operations of: $0, $0, $16 | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2016 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 21, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Consolidated Statement of Comprehensive Income | |||
| Net income (loss) | $ (3,559) | (4,371) | 6,938 |
| Other comprehensive income (loss): | |||
| Defined benefit plans | |||
| Prior service (cost) credit arising during the period | 23 | 301 | (3) |
| Amortization of prior service cost (credit) included in income | (35) | (19) | (6) |
| Net change | (12) | 282 | (9) |
| Net actuarial gain (loss) arising during the period | (481) | 592 | (840) |
| Reclassification adjustment for amortization of prior service credit included in net income (loss) | 309 | 403 | 131 |
| Net change | (172) | 995 | (709) |
| Nonsponsored plans | 2 [1] | 1 | 0 |
| Income taxes on defined benefit plans | 78 | (460) | 281 |
| Defined benefit plans, net of tax | (104) | 818 | (437) |
| Foreign currency translation adjustments | 153 | (5,199) | (3,539) |
| Reclassification adjustment for gain included in net income (loss) | 5 | 0 | 0 |
| Income taxes on foreign currency translation adjustments | 0 | 36 | 72 |
| Foreign currency translation adjustments, net of tax | 158 | (5,163) | (3,467) |
| Hedging activities | 0 | ||
| Hedging activities, net of tax | 0 | ||
| Other comprehensive income (loss), net of tax | 54 | (4,345) | (3,904) |
| Comprehensive income (loss) | (3,505) | (8,716) | 3,034 |
| Less: comprehensive income attributable to noncontrolling interests | (56) | (57) | (69) |
| Comprehensive Income (Loss) Attributable to ConocoPhillips | (3,561) | (8,773) | 2,965 |
| [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: 2016 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 21, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Cash Flows From Operating Activities | |||
| Net income (loss) | $ (3,559) | (4,371) | 6,938 |
| Adjustments to reconcile net income to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 9,062 | 9,113 | 8,329 |
| Impairments | 139 | 2,245 | 856 |
| Dry hole costs and leasehold impairments | 1,184 | 3,065 | 1,166 |
| Accretion on discounted liabilities | 425 | 483 | 484 |
| Deferred taxes | (2,221) | (2,772) | 709 |
| Undistributed equity earnings | 299 | 101 | 77 |
| Gain on dispositions | (360) | (591) | (98) |
| Income from discontinued operations | (1,131) [1] | ||
| Other | (85) | 321 | (233) |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | 820 | 1,810 | 1,227 |
| Decrease (increase) in inventories | 44 | 166 | (193) |
| Decrease (increase) in prepaid expenses and other current assets | 105 | 239 | (190) |
| Increase (decrease) in accounts payable | (524) | (1,647) | (963) |
| Increase (decrease) in taxes and other accruals | (926) | (590) | (566) |
| Net cash provided by continuing operating activities | 4,403 | 7,572 | 16,412 |
| Net cash provided by discontinued operations | 0 | 0 | 157 |
| Net Cash Provided by Operating Activities | 4,403 | 7,572 | 16,569 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (4,869) | (10,050) | (17,085) |
| Working capital changes associated with investing activities | (331) | (968) | 180 |
| Proceeds from asset dispositions | 1,286 | 1,952 | 1,603 |
| Net sales (purchases) of short-term investments | (51) | 0 | 253 |
| Collection of advances/loans-related parties | 108 | 105 | 603 |
| Other | (2) | 306 | (446) |
| Net cash used in continuing investing activities | (3,859) | (8,655) | (14,892) |
| Net cash provided by (used in) discontinued operations | 0 | 0 | (73) |
| Net Cash Provided by (Used in) Investing Activities | (3,859) | (8,655) | (14,965) |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 4,594 | 2,498 | 2,994 |
| Repayment of debt | (2,251) | (103) | (2,014) |
| Change in restricted cash | 0 | 0 | 0 |
| Issuance of company common stock | (63) | (82) | 35 |
| Repurchase of company common stock | (126) | ||
| Dividends paid | (1,253) | (3,664) | (3,525) |
| Other | (137) | (78) | (64) |
| Net cash provided by (used in) financing activities | 764 | (1,429) | (2,574) |
| Net cash used in discontinued operations | 0 | 0 | 0 |
| Net Cash Used in Financing Activities | 764 | (1,429) | (2,574) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (66) | (182) | (214) |
| Net Change in Cash and Cash Equivalents | 1,242 | (2,694) | (1,184) |
| Cash and cash equivalents at beginning of period | 2,368 | 5,062 | |
| Cash and Cash Equivalents at End of Period | 3,610 | 2,368 | 5,062 |
| [1] Net of provision for income taxes on discontinued operations of: $0, $0, $16 | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CONOCOPHILLIPS | ||
Ticker: COP Fiscal Year: 2016 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 21, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| Assets | ||
| Cash and cash equivalents | $ 3,610 | 2,368 |
| Short-term Investments | 50 | |
| Accounts and notes receivable (net of allowance of $5 million in 2016 and $7 million in 2015) | 3,249 | 4,314 |
| Accounts and notes receivable-related parties | 165 | 200 |
| Inventories | 1,018 | 1,124 |
| Prepaid expenses and other current assets | 517 | 783 |
| Total Current Assets | 8,609 | 8,789 |
| Investments and long-term receiavables | 21,091 | 20,490 |
| Loans and advances-related parties | 581 | 696 |
| Net properties, plants and equipment (net of accumulated depreciation, depletion and amortization of $73,075 million in 2016 and $70,413 million in 2015) | 58,331 | 66,446 |
| Other assets | 1,160 | 1,063 |
| Total Assets | 89,772 | 97,484 |
| Liabilities | ||
| Accounts payable | 3,631 | 4,895 |
| Accounts payable-related parties | 22 | 38 |
| Short-term debt | 1,089 | 1,427 |
| Accrued income and other taxes | 484 | 499 |
| Employee benefit obligations | 689 | 887 |
| Other accruals | 994 | 1,510 |
| Total Current Liabilities | 6,909 | 9,256 |
| Long-term debt | 26,186 | 23,453 |
| Long-term asset retirement obligations and accrued environmental costs | 8,425 | 9,580 |
| Deferred income taxes | 8,949 | 10,999 |
| Employee benefit obligations | 2,552 | 2,286 |
| Other liabilities and deferred credits | 1,525 | 1,828 |
| Total Liabilities | 54,546 | 57,402 |
| Equity | ||
| Common stock (2,500,000,000 shares authorized at $.01 par value) | 18 | 18 |
| Capital in excess of par | 46,507 | 46,357 |
| Treasury stock (at cost: 2016-544,809,771; 2015-542,230,673) | (36,906) | (36,780) |
| Accumulated other comprehensive income (loss) | (6,193) | (6,247) |
| Retained earnings | 31,548 | 36,414 |
| Total Common Stockholders' Equity | 34,974 | 39,762 |
| Noncontrolling interests | 252 | 320 |
| Total Equity | 35,226 | 40,082 |
| Total Liabilities and Equity | 89,772 | 97,484 |
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2016 | |
| 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 |