Income Tax Disclosure [Abstract] | Period [Axis] |
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2016-01-01 - 2016-12-31 |
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Income Tax Disclosure [Abstract] | |
Schedule of Components of Income Tax Expense (Benefit) | The following summarizes components of income tax expense (benefit) for the years ended December 31: | | | | | | | | | | | | | millions | 2016 | | 2015 | | 2014 | Current | | | | | | Federal | $ | (140 | ) | | $ | (177 | ) | | $ | 188 |
| State | (1 | ) | | (18 | ) | | 2 |
| Foreign | 378 |
| | 495 |
| | 1,574 |
| | 237 |
| | 300 |
| | 1,764 |
| Deferred | | | | | | Federal | (1,020 | ) | | (2,929 | ) | | (389 | ) | State | (148 | ) | | (145 | ) | | 27 |
| Foreign | (90 | ) | | (103 | ) | | 215 |
| | (1,258 | ) | | (3,177 | ) | | (147 | ) | Total income tax expense (benefit) | $ | (1,021 | ) | | $ | (2,877 | ) | | $ | 1,617 |
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Schedule of Effective Income Tax Rate Reconciliation | The following summarizes the sources of these differences for the years ended December 31: | | | | | | | | | | | | | millions except percentages | 2016 | | 2015 | | 2014 | Income (loss) before income taxes | | | | | | Domestic | $ | (3,728 | ) | | $ | (9,155 | ) | | $ | (3,564 | ) | Foreign | (101 | ) | | (534 | ) | | 3,618 |
| Total | $ | (3,829 | ) | | $ | (9,689 | ) | | $ | 54 |
| U.S. federal statutory tax rate | 35 | % | | 35 | % | | 35 | % | Tax computed at the U.S. federal statutory rate | $ | (1,340 | ) | | $ | (3,391 | ) | | $ | 19 |
| Adjustments resulting from | | | | | | State income taxes (net of federal income tax benefit) | (108 | ) | | (81 | ) | | (11 | ) | Tax impact from foreign operations | 80 |
| | 299 |
| | 62 |
| Non-deductible Algerian exceptional profits tax | 106 |
| | 102 |
| | 193 |
| Net changes in uncertain tax positions | 90 |
| | 54 |
| | 1,427 |
| (Income) loss attributable to noncontrolling interests | (92 | ) | | 42 |
| | (66 | ) | Dispositions of non-deductible goodwill | 205 |
| | 62 |
| | 21 |
| Other, net | 38 |
| | 36 |
| | (28 | ) | Total income tax expense (benefit) | $ | (1,021 | ) | | $ | (2,877 | ) | | $ | 1,617 |
| Effective tax rate | 27 | % | | 30 | % | | 2,994 | % |
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Deferred Tax Assets (Liabilities) Table | The following summarizes components of total deferred taxes at December 31: | | | | | | | | | millions | 2016 | | 2015 | Federal | $ | (3,805 | ) | | $ | (4,721 | ) | State, net of federal | (173 | ) | | (248 | ) | Foreign | (332 | ) | | (431 | ) | Total deferred taxes | $ | (4,310 | ) | | $ | (5,400 | ) |
The following summarizes tax effects of temporary differences that give rise to significant portions of the deferred tax assets (liabilities) at December 31: | | | | | | | | | millions | 2016 | | 2015 | Deferred tax liabilities | | | | Oil and gas exploration and development operations | $ | (5,054 | ) | | $ | (5,643 | ) | Midstream and other depreciable properties | (870 | ) | | (1,049 | ) | Mineral operations | (550 | ) | | (492 | ) | Other | (147 | ) | | (470 | ) | Gross long-term deferred tax liabilities | (6,621 | ) | | (7,654 | ) | Deferred tax assets | | | | Foreign and state net operating loss carryforwards | 648 |
| | 586 |
| U.S. foreign tax credit carryforwards | 1,834 |
| | 1,254 |
| Compensation and benefit plans | 672 |
| | 615 |
| Mark to market on derivatives | 324 |
| | 441 |
| Other | 588 |
| | 761 |
| Gross long-term deferred tax assets | 4,066 |
| | 3,657 |
| Valuation allowances on deferred tax assets not expected to be realized | (1,755 | ) | | (1,403 | ) | Net long-term deferred tax assets | 2,311 |
| | 2,254 |
| Total deferred taxes | $ | (4,310 | ) | | $ | (5,400 | ) |
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Valuation Allowances on Deferred Tax Assets Rollforward | The following summarizes changes in the balance of valuation allowances on deferred tax assets: | | | | | | | | | | | | | millions | 2016 | | 2015 | | 2014 | Balance at January 1 | $ | (1,403 | ) | | $ | (864 | ) | | $ | (818 | ) | Changes due to U.S. foreign tax credits | (477 | ) | | (384 | ) | | 11 |
| Changes due to foreign and state net operating loss carryforwards | 13 |
| | 10 |
| | 64 |
| Changes due to foreign capitalized costs | 112 |
| | (165 | ) | | (121 | ) | Balance at December 31 | $ | (1,755 | ) | | $ | (1,403 | ) | | $ | (864 | ) |
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Schedule of Operating Loss Carryforwards | Tax carryforwards available for use on future income tax returns, prior to valuation allowance, at December 31, 2016, were as follows: | | | | | | | | | | | millions | Domestic | | Foreign | | Expiration | Net operating loss—foreign | $ | — |
| | $ | 1,498 |
| | 2017 - Indefinite | Net operating loss—state | $ | 4,888 |
| | $ | — |
| | 2017-2036 |
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Schedule of Tax Credit Carryforwards | Tax carryforwards available for use on future income tax returns, prior to valuation allowance, at December 31, 2016, were as follows: | | | | | | | | | | | millions | Domestic | | Foreign | | Expiration | Foreign tax credits | $ | 1,834 |
| | $ | — |
| | 2023-2027 | Texas margins tax credit | $ | 34 |
| | $ | — |
| | 2026 |
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Taxes Receivable (Payable) Table | The following summarizes taxes receivable (payable) related to income tax expense (benefit) at December 31: | | | | | | | | | | millions | | | | | Balance Sheet Classification | | 2016 | | 2015 | Income taxes receivable | | | | | Accounts receivable—other | | $ | 180 |
| | $ | 1,046 |
| Other assets | | 67 |
| | 61 |
| | | 247 |
| | 1,107 |
| Income taxes (payable) | | | | | Accrued expense | | (6 | ) | | (9 | ) | Total net income taxes receivable (payable) | | $ | 241 |
| | $ | 1,098 |
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Unrecognized Tax Benefits Rollforward | Changes in the balance of unrecognized tax benefits excluding interest and penalties on uncertain tax positions were as follows: | | | | | | | | | | | | | | Assets (Liabilities) | millions | 2016 | | 2015 | | 2014 | Balance at January 1 | $ | (1,780 | ) | | $ | (1,687 | ) | | $ | (147 | ) | Increases related to prior-year tax positions | (86 | ) | | (99 | ) | | (11 | ) | Decreases related to prior-year tax positions | 436 |
| | 89 |
| | 39 |
| Increases related to current-year tax positions | (26 | ) | | (263 | ) | | (1,568 | ) | Settlements | — |
| | 180 |
| | — |
| Balance at December 31 | $ | (1,456 | ) | | $ | (1,780 | ) | | $ | (1,687 | ) |
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Tax Years Subject to Examination by Major Tax Jurisdiction Table | The following lists the tax years subject to examination by major tax jurisdiction: | | | | Tax Years | United States | 2012-2015 | Algeria | 2012-2015 | Ghana | 2006-2015 |
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