10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CONOCOPHILLIPS | |||
Ticker: COP Fiscal Year: 2018 | |||
Consolidated Income Statement | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 19, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Revenues and Other Income | |||
| Revenue from contracts with customers | $ 36,417 | 29,106 | 23,693 |
| Equity in earnings of affiliates | 1,074 | 772 | 52 |
| Gain on dispositions | 1,063 | 2,177 | 360 |
| Other Income | 173 | 529 | 255 |
| Total Revenues and Other Income | 38,727 | 32,584 | 24,360 |
| Cost and expenses [Abstract] | |||
| Purchased commodities | 14,294 | 12,475 | 9,994 |
| Production and operating expenses | 5,213 | 5,162 [1] | 5,643 |
| Selling, general and administrative expenses | 401 | 427 | 473 |
| Exploration expenses | 369 | 934 | 1,912 |
| Depreciation, depletion and amortization | 5,956 | 6,845 | 9,062 |
| Impairments | 27 | 6,601 | 139 |
| Taxes other than income taxes | 1,048 | 809 | 739 |
| Accretion on discounted liabilities | 353 | 362 | 425 |
| Interest and debt expense | 735 | 1,098 | 1,245 |
| Foreign currency transaction (gains) losses | (17) | 35 | (19) |
| Other Expense | 375 | 451 | 277 |
| Total Costs and Expenses | 28,754 | 35,199 | 29,890 |
| Income (loss) before income taxes | 9,973 | (2,615) | (5,530) |
| Income Tax Expense (Benefit) | 3,668 | (1,822) | (1,971) |
| Net income (loss) | 6,305 | (793) | (3,559) |
| Less: net income attributable to noncontrolling interests | (48) | (62) | (56) |
| Net income (loss) attributable to ConocoPhillips | 6,257 | (855) | (3,615) |
| Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock (dollars) | |||
| Earnings Per Share, Basic | 5.36 | (0.70) | (2.91) |
| Earnings per Share, Diluted | 5.32 | (0.70) | (2.91) |
| Average Common Shares Outstanding (in thousands) | |||
| Basic | 1,166,499 | 1,221,038 | 1,245,440 |
| Diluted | 1,175,538 | 1,221,038 | 1,245,440 |
| [1] *Certain amounts have been reclassified to conform to the current-period presentation resulting from the adoption of ASU No. 2017-07. See Note 2Changes in Accounting Principles, for additional information. See Notes to Consolidated Financial Statements. | |||
| External Links | |
| CONOCOPHILLIPS (COP) Fiscal Year 2018 | |
| 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 |