ConocoPhillips (COP) financial statements (2020 and earlier)

Company profile

Business Address 925 N. ELDRIDGE PARKWAY
HOUSTON, TX 77079
State of Incorp. DE
Fiscal Year End December 31
SIC 2911 - Petroleum Refining (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9,1446,1638,1983,6602,3685,0626,518
Cash and cash equivalents7,1935,9156,3253,6102,3685,0626,246
Short-term investments1,9512481,87350  272
Receivables3,6164,0674,3203,4144,5146,8078,487
Inventory, net of allowances, customer advances and progress billings9551,0071,0601,0181,1241,3311,194
Inventory9551,0071,0601,0181,1241,3311,194
Prepaid expense and other current assets2,824
Other undisclosed current assets1,5022,0372,9345177831,868 
Total current assets:15,21713,27416,5128,6098,78915,06819,023
Noncurrent Assets
Property, plant and equipment43,81445,69845,68358,33166,44675,44472,827
Long-term investments and receivables, including:9,1359,66410,06021,09120,49024,33525,264
Long-term investments 9,0059,12920,46019,97123,89123,437
Accounts and financing receivable, after allowance for credit loss8,916  631519444470
Due from related parties2193354615816968041,357
Other undisclosed long-term investments and receivables 324470(581)(696)(804) 
Other noncurrent assets2,1741,3441,1071,1601,063888 
Prepaid expense and other noncurrent assets943
Other undisclosed noncurrent assets   581696804 
Total noncurrent assets:55,12356,70656,85081,16388,695101,47199,034
TOTAL ASSETS:70,34069,98073,36289,77297,484116,539118,057
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,7685,9925,7724,8046,2819,91112,027
Accounts payable3,1483,8634,0093,6314,8957,9829,314
Employee-related liabilities543809725689887878 
Taxes payable1,0771,3201,0384844991,0512,713
Debt1211122,5751,0891,427182589
Due to related parties23322122384464
Deferred tax liabilities    8766
Other liabilities1,0301,2591,0299941,5101,4001,671
Other undisclosed current liabilities     (8)12
Total current liabilities:5,9427,3959,3976,9099,25611,53715,129
Noncurrent Liabilities
Long-term debt and lease obligation, including:14,79914,85617,12826,18623,45322,38321,073
Other undisclosed long-term debt and lease obligation14,79914,85617,12826,18623,45322,38321,073
Liabilities, other than long-term debt1,7866,7857,13611,50113,28518,03415,220
Deferred tax liabilities, net5,0215,2828,94910,99915,07015,220
Liability, pension and other postretirement and postemployment benefits1,7861,7641,8542,5522,2862,964
Other undisclosed noncurrent liabilities12,5748,8808,9009,95011,40812,31214,143
Total noncurrent liabilities:29,15930,52133,16447,63748,14652,72950,436
Total liabilities:35,10137,91642,56154,54657,40264,26665,565
Stockholders' equity
Stockholders' equity attributable to parent35,14631,93930,60734,97439,76251,91152,090
Common stock18181818181818
Treasury stock, value(45,656)(42,905)(39,906)(36,906)(36,780)(36,780)(36,780)
Additional paid in capital46,95446,87946,62246,50746,35746,07145,690
Accumulated other comprehensive income (loss)(5,654)(6,063)(5,518)(6,193)(6,247)(1,902)2,002
Retained earnings39,48434,01029,39131,54836,41444,50441,160
Stockholders' equity attributable to noncontrolling interest93125194252320362402
Total stockholders' equity:35,23932,06430,80135,22640,08252,27352,492
TOTAL LIABILITIES AND EQUITY:70,34069,98073,36289,77297,484116,539118,057

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues38,89138,72732,58424,36030,93555,51758,248
Revenue, net29,10623,69329,56452,52454,413
Cost of revenue(13,045)(14,294)(13,533)(23,500)(30,205)(36,581)(40,495)
Cost of goods and services sold(13,045)(14,294)(13,533)(9,994)(12,426)(23,459)(23,780)
Gross profit:25,84624,43319,05186073018,93617,753
Operating expenses(5,816)(5,614)(5,734)(6,390)(7,969)(9,546)(3,307)
Operating income (loss):20,03018,81913,317(5,530)(7,239)9,39014,446
Nonoperating income102114771975515545
Investment income, nonoperating9797112  83113
Foreign currency transaction gain (loss), before tax517(35)19756658
Other nonoperating income     366374
Interest and debt expense(770)(735)(1,098)(1,245)(920)(648)(612)
Income (loss) from continuing operations before equity method investments, income taxes:19,36218,19812,296(6,756)(8,084)9,25714,379
Income from equity method investments1,0741,074772  2,5292,219
Other undisclosed loss from continuing operations before income taxes(9,526)(9,299)(15,683)    
Income (loss) from continuing operations before income taxes:10,9109,973(2,615)(6,756)(8,084)11,78616,598
Income tax expense (benefit)(2,518)(3,668)1,8221,9712,868(3,583)(6,409)
Other undisclosed income (loss) from continuing operations   1,226845(2,396)(2,152)
Income (loss) from continuing operations:8,3926,305(793)(3,559)(4,371)5,8078,037
Income from discontinued operations     1,1311,178
Net income (loss):8,3926,305(793)(3,559)(4,371)6,9389,215
Net loss attributable to noncontrolling interest(55)(48)(62)(56)(57)(69)(59)
Net income (loss) available to common stockholders, diluted:8,3376,257(855)(3,615)(4,428)6,8699,156

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):8,3926,305(793)(3,559)(4,371)6,9389,215
Other comprehensive income (loss)(172)(603)67554(4,345)(3,904)(2,085)
Comprehensive income (loss):8,2205,702(118)(3,505)(8,716)3,0347,130
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(55)(48)(62)(56)(57)(69)59
Other undisclosed comprehensive loss, net of tax, attributable to parent      (118)
Comprehensive income (loss), net of tax, attributable to parent:8,1655,654(180)(3,561)(8,773)2,9657,071

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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