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: 2017 | |||
Consolidated Income Statement | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 20, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Revenues and Other Income | |||
| Sales and other operating revenues | $ 29,106 | 23,693 | 29,564 |
| Equity in earnings of affiliates | 772 | 52 | 655 |
| Gain on dispositions | 2,177 | 360 | 591 |
| Other Income | 529 | 255 | 125 |
| Total Revenues and Other Income | 32,584 | 24,360 | 30,935 |
| Cost and expenses | |||
| Purchased commodities | 12,475 | 9,994 | 12,426 |
| Production and operating expenses | 5,173 | 5,667 | 7,016 |
| Selling, general and administrative expenses | 561 | 723 | 953 |
| Exploration expenses | 938 | 1,915 | 4,192 |
| Depreciation, depletion and amortization | 6,845 | 9,062 | 9,113 |
| Impairments | 6,601 | 139 | 2,245 |
| Taxes other than income taxes | 809 | 739 | 901 |
| Accretion on discounted liabilities | 362 | 425 | 483 |
| Interest and debt expense | 1,098 | 1,245 | 920 |
| Foreign currency transaction (gains) losses | 35 | (19) | (75) |
| Other Expense | 302 | ||
| Total Costs and Expenses | 35,199 | 29,890 | 38,174 |
| Income (loss) before income taxes | (2,615) | (5,530) | (7,239) |
| Income Tax Expense (Benefit) | (1,822) | (1,971) | (2,868) |
| Net income (loss) | (793) | (3,559) | (4,371) |
| Less: net income attributable to noncontrolling interests | (62) | (56) | (57) |
| Net income (loss) attributable to ConocoPhillips | (855) | (3,615) | (4,428) |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock (dollars) | |||
| Earnings Per Share, Basic | (0.70) | (2.91) | (3.58) |
| Earnings Per Share, Diluted | (0.70) | (2.91) | (3.58) |
| Dividends Paid Per Share of Common Stock (dollars) | 1.06 | 1.00 | 2.94 |
| Average Common Shares Outstanding (in thousands) | |||
| Basic | 1,221,038 | 1,245,440 | 1,241,919 |
| Diluted | 1,221,038 | 1,245,440 | 1,241,919 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2017 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 20, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Consolidated Statement of Comprehensive Income | |||
| Net income (loss) | $ (793) | (3,559) | (4,371) |
| Other comprehensive income (loss): | |||
| Defined benefit plans | |||
| Prior service (cost) credit arising during the period | 2 | 23 | 301 |
| Amortization of prior service cost (credit) included in income | (38) | (35) | (19) |
| Net change during the period | (36) | (12) | 282 |
| Net actuarial gain (loss) arising during the period | 19 | (481) | 592 |
| Reclassification adjustment for amortization of prior service credit included in net income (loss) | 247 | 309 | 403 |
| Net change during the period | 266 | (172) | 995 |
| Nonsponsored plans | (2) [1] | 2 | 1 |
| Income taxes on defined benefit plans | (81) | 78 | (460) |
| Defined benefit plans, net of tax | 147 | (104) | 818 |
| Unrealized holding gain on securities, before and after tax | (58) | 0 | 0 |
| OCI Unrealized loss on securities, net of tax | (58) | 0 | 0 |
| Foreign currency translation adjustments | 586 | 153 | (5,199) |
| Reclassification adjustment for gain included in net income (loss) | 0 | 5 | 0 |
| Income taxes on foreign currency translation adjustments | 0 | 0 | 36 |
| Foreign currency translation adjustments, net of tax | 586 | 158 | (5,163) |
| Other comprehensive income (loss), net of tax | 675 | 54 | (4,345) |
| Comprehensive income (loss) | (118) | (3,505) | (8,716) |
| Less: comprehensive income attributable to noncontrolling interests | (62) | (56) | (57) |
| Comprehensive Income (Loss) Attributable to ConocoPhillips | (180) | (3,561) | (8,773) |
| [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: 2017 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 20, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash Flows From Operating Activities | |||
| Net income (loss) | $ (793) | (3,559) | (4,371) |
| Adjustments to reconcile net income to net cash provided by operating activities | |||
| Depreciation, depletion and amortization | 6,845 | 9,062 | 9,113 |
| Impairments | 6,601 | 139 | 2,245 |
| Dry hole costs and leasehold impairments | 566 | 1,184 | 3,065 |
| Accretion on discounted liabilities | 362 | 425 | 483 |
| Deferred taxes | (3,681) | (2,221) | (2,772) |
| Undistributed equity earnings | (232) | 299 | 101 |
| Gain on dispositions | (2,177) | (360) | (591) |
| Other | (429) | (85) | 321 |
| Working capital adjustments | |||
| Decrease (increase) in accounts and notes receivable | (886) | 820 | 1,810 |
| Decrease (increase) in inventories | (55) | 44 | 166 |
| Decrease (increase) in prepaid expenses and other current assets | 69 | 105 | 239 |
| Increase (decrease) in accounts payable | 265 | (524) | (1,647) |
| Increase (decrease) in taxes and other accruals | 622 | (926) | (590) |
| Net Cash Provided by Operating Activities | 7,077 | 4,403 | 7,572 |
| Cash Flows From Investing Activities | |||
| Capital expenditures and investments | (4,591) | (4,869) | (10,050) |
| Increase (Decrease) In Capital Accrual Associated With Investing Activities | 132 | (331) | (968) |
| Proceeds from asset dispositions | 13,860 | 1,286 | 1,952 |
| Net Sales (Purchases) of Short-Term Investments | (1,790) | (51) | 0 |
| Long-term advances/loans-related parties | 0 | 0 | |
| Collection of advances/loans-related parties | 115 | 108 | 105 |
| Other | 36 | (2) | 306 |
| Net Cash Provided by (Used in) Investing Activities | 7,762 | (3,859) | (8,655) |
| Cash Flows From Financing Activities | |||
| Issuance of debt | 0 | 4,594 | 2,498 |
| Repayment of debt | (7,876) | (2,251) | (103) |
| Change in restricted cash | 0 | 0 | 0 |
| Issuance of company common stock | (63) | (63) | (82) |
| Repurchase of company common stock | (3,000) | (126) | 0 |
| Dividends paid | (1,305) | (1,253) | (3,664) |
| Other | (112) | (137) | (78) |
| Net Cash Used in Financing Activities | (12,356) | 764 | (1,429) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 232 | (66) | (182) |
| Net Change in Cash and Cash Equivalents | 2,715 | 1,242 | (2,694) |
| Cash and cash equivalents at beginning of period | 3,610 | 2,368 | |
| Cash and Cash Equivalents at End of Period | 6,325 | 3,610 | 2,368 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CONOCOPHILLIPS | ||
Ticker: COP Fiscal Year: 2017 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2017 10-K (Filed: Feb 20, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| Assets | ||
| Cash and cash equivalents | $ 6,325 | 3,610 |
| Short-term Investments | 1,873 | 50 |
| Accounts and notes receivable (net of allowance of $4 million in 2017 and $5 million in 2016) | 4,179 | 3,249 |
| Accounts and notes receivable-related parties | 141 | 165 |
| Investment in Cenovus Energy | 1,899 | |
| Inventories | 1,060 | 1,018 |
| Prepaid expenses and other current assets | 1,035 | 517 |
| Total Current Assets | 16,512 | 8,609 |
| Investments and long-term receivables | 9,599 | 21,091 |
| Loans and advances-related parties | 461 | 581 |
| Net properties, plants and equipment (net of accumulated depreciation, depletion and amortization of $64,748 million in 2017 and $73,075 million in 2016) | 45,683 | 58,331 |
| Other assets | 1,107 | 1,160 |
| Total Assets | 73,362 | 89,772 |
| Liabilities | ||
| Accounts payable | 4,009 | 3,631 |
| Accounts payable-related parties | 21 | 22 |
| Short-term debt | 2,575 | 1,089 |
| Accrued income and other taxes | 1,038 | 484 |
| Employee benefit obligations | 725 | 689 |
| Other accruals | 1,029 | 994 |
| Total Current Liabilities | 9,397 | 6,909 |
| Long-term debt | 17,128 | 26,186 |
| Total asset retirement obligations and accrued environmental costs | 7,631 | 8,425 |
| Deferred taxes Included in long-term liabilities | 5,282 | 8,949 |
| Employee benefit obligations | 1,854 | 2,552 |
| Other liabilities and deferred credits | 1,269 | 1,525 |
| Total Liabilities | 42,561 | 54,546 |
| Equity | ||
| Common stock (2,500,000,000 shares authorized at $.01 par value) | 18 | 18 |
| Capital in excess of par | 46,622 | 46,507 |
| Treasury stock (at cost: 2017-608,312,034 shares; 2016-544,809,771 shares) | (39,906) | (36,906) |
| Accumulated other comprehensive income (loss) | (5,518) | (6,193) |
| Retained earnings | 29,391 | 31,548 |
| Total Common Stockholders' Equity | 30,607 | 34,974 |
| Noncontrolling interests | 194 | 252 |
| Total Equity | 30,801 | 35,226 |
| Total Liabilities and Equity | 73,362 | 89,772 |
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2017 | |
| 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 |