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 investments | 9,144 | 6,163 | 8,198 | 3,660 | 2,368 | 5,062 | 6,518 | ||
| Cash and cash equivalents | 7,193 | 5,915 | 6,325 | 3,610 | 2,368 | 5,062 | 6,246 | ||
| Short-term investments | 1,951 | 248 | 1,873 | 50 | 272 | ||||
| Receivables | 3,616 | 4,067 | 4,320 | 3,414 | 4,514 | 6,807 | 8,487 | ||
| Inventory, net of allowances, customer advances and progress billings | 955 | 1,007 | 1,060 | 1,018 | 1,124 | 1,331 | 1,194 | ||
| Inventory | 955 | 1,007 | 1,060 | 1,018 | 1,124 | 1,331 | 1,194 | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2,824 | ||
| Other undisclosed current assets | 1,502 | 2,037 | 2,934 | 517 | 783 | 1,868 | |||
| Total current assets: | 15,217 | 13,274 | 16,512 | 8,609 | 8,789 | 15,068 | 19,023 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 43,814 | 45,698 | 45,683 | 58,331 | 66,446 | 75,444 | 72,827 | ||
| Long-term investments and receivables, including: | 9,135 | 9,664 | 10,060 | 21,091 | 20,490 | 24,335 | 25,264 | ||
| Long-term investments | 9,005 | 9,129 | 20,460 | 19,971 | 23,891 | 23,437 | |||
| Accounts and financing receivable, after allowance for credit loss | 8,916 | 631 | 519 | 444 | 470 | ||||
| Due from related parties | 219 | 335 | 461 | 581 | 696 | 804 | 1,357 | ||
| Other undisclosed long-term investments and receivables | 324 | 470 | (581) | (696) | (804) | ||||
| Other noncurrent assets | 2,174 | 1,344 | 1,107 | 1,160 | 1,063 | 888 | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 943 | ||
| Other undisclosed noncurrent assets | 581 | 696 | 804 | ||||||
| Total noncurrent assets: | 55,123 | 56,706 | 56,850 | 81,163 | 88,695 | 101,471 | 99,034 | ||
| TOTAL ASSETS: | 70,340 | 69,980 | 73,362 | 89,772 | 97,484 | 116,539 | 118,057 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,768 | 5,992 | 5,772 | 4,804 | 6,281 | 9,911 | 12,027 | ||
| Accounts payable | 3,148 | 3,863 | 4,009 | 3,631 | 4,895 | 7,982 | 9,314 | ||
| Employee-related liabilities | 543 | 809 | 725 | 689 | 887 | 878 | |||
| Taxes payable | 1,077 | 1,320 | 1,038 | 484 | 499 | 1,051 | 2,713 | ||
| Debt | 121 | 112 | 2,575 | 1,089 | 1,427 | 182 | 589 | ||
| Due to related parties | 23 | 32 | 21 | 22 | 38 | 44 | 64 | ||
| Deferred tax liabilities | ✕ | 8 | 766 | ||||||
| Other liabilities | 1,030 | 1,259 | 1,029 | 994 | 1,510 | 1,400 | 1,671 | ||
| Other undisclosed current liabilities | (8) | 12 | |||||||
| Total current liabilities: | 5,942 | 7,395 | 9,397 | 6,909 | 9,256 | 11,537 | 15,129 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 14,799 | 14,856 | 17,128 | 26,186 | 23,453 | 22,383 | 21,073 | ||
| Other undisclosed long-term debt and lease obligation | 14,799 | 14,856 | 17,128 | 26,186 | 23,453 | 22,383 | 21,073 | ||
| Liabilities, other than long-term debt | 1,786 | 6,785 | 7,136 | 11,501 | 13,285 | 18,034 | 15,220 | ||
| Deferred tax liabilities, net | ✕ | 5,021 | 5,282 | 8,949 | 10,999 | 15,070 | 15,220 | ||
| Liability, pension and other postretirement and postemployment benefits | 1,786 | 1,764 | 1,854 | 2,552 | 2,286 | 2,964 | ✕ | ||
| Other undisclosed noncurrent liabilities | 12,574 | 8,880 | 8,900 | 9,950 | 11,408 | 12,312 | 14,143 | ||
| Total noncurrent liabilities: | 29,159 | 30,521 | 33,164 | 47,637 | 48,146 | 52,729 | 50,436 | ||
| Total liabilities: | 35,101 | 37,916 | 42,561 | 54,546 | 57,402 | 64,266 | 65,565 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 35,146 | 31,939 | 30,607 | 34,974 | 39,762 | 51,911 | 52,090 | ||
| Common stock | 18 | 18 | 18 | 18 | 18 | 18 | 18 | ||
| Treasury stock, value | (45,656) | (42,905) | (39,906) | (36,906) | (36,780) | (36,780) | (36,780) | ||
| Additional paid in capital | 46,954 | 46,879 | 46,622 | 46,507 | 46,357 | 46,071 | 45,690 | ||
| Accumulated other comprehensive income (loss) | (5,654) | (6,063) | (5,518) | (6,193) | (6,247) | (1,902) | 2,002 | ||
| Retained earnings | 39,484 | 34,010 | 29,391 | 31,548 | 36,414 | 44,504 | 41,160 | ||
| Stockholders' equity attributable to noncontrolling interest | 93 | 125 | 194 | 252 | 320 | 362 | 402 | ||
| Total stockholders' equity: | 35,239 | 32,064 | 30,801 | 35,226 | 40,082 | 52,273 | 52,492 | ||
| TOTAL LIABILITIES AND EQUITY: | 70,340 | 69,980 | 73,362 | 89,772 | 97,484 | 116,539 | 118,057 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 38,891 | 38,727 | 32,584 | 24,360 | 30,935 | 55,517 | 58,248 | |
| Revenue, net | ✕ | ✕ | 29,106 | 23,693 | 29,564 | 52,524 | 54,413 | |
| 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: | 25,846 | 24,433 | 19,051 | 860 | 730 | 18,936 | 17,753 | |
| Operating expenses | (5,816) | (5,614) | (5,734) | (6,390) | (7,969) | (9,546) | (3,307) | |
| Operating income (loss): | 20,030 | 18,819 | 13,317 | (5,530) | (7,239) | 9,390 | 14,446 | |
| Nonoperating income | 102 | 114 | 77 | 19 | 75 | 515 | 545 | |
| Investment income, nonoperating | 97 | 97 | 112 | 83 | 113 | |||
| Foreign currency transaction gain (loss), before tax | 5 | 17 | (35) | 19 | 75 | 66 | 58 | |
| Other nonoperating income | 366 | 374 | ||||||
| Interest and debt expense | (770) | (735) | (1,098) | (1,245) | (920) | (648) | (612) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 19,362 | 18,198 | 12,296 | (6,756) | (8,084) | 9,257 | 14,379 | |
| Income from equity method investments | 1,074 | 1,074 | 772 | 2,529 | 2,219 | |||
| Other undisclosed loss from continuing operations before income taxes | (9,526) | (9,299) | (15,683) | |||||
| Income (loss) from continuing operations before income taxes: | 10,910 | 9,973 | (2,615) | (6,756) | (8,084) | 11,786 | 16,598 | |
| Income tax expense (benefit) | (2,518) | (3,668) | 1,822 | 1,971 | 2,868 | (3,583) | (6,409) | |
| Other undisclosed income (loss) from continuing operations | 1,226 | 845 | (2,396) | (2,152) | ||||
| Income (loss) from continuing operations: | 8,392 | 6,305 | (793) | (3,559) | (4,371) | 5,807 | 8,037 | |
| Income from discontinued operations | 1,131 | 1,178 | ||||||
| Net income (loss): | 8,392 | 6,305 | (793) | (3,559) | (4,371) | 6,938 | 9,215 | |
| Net loss attributable to noncontrolling interest | (55) | (48) | (62) | (56) | (57) | (69) | (59) | |
| Net income (loss) available to common stockholders, diluted: | 8,337 | 6,257 | (855) | (3,615) | (4,428) | 6,869 | 9,156 | |
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): | 8,392 | 6,305 | (793) | (3,559) | (4,371) | 6,938 | 9,215 | |
| Other comprehensive income (loss) | (172) | (603) | 675 | 54 | (4,345) | (3,904) | (2,085) | |
| Comprehensive income (loss): | 8,220 | 5,702 | (118) | (3,505) | (8,716) | 3,034 | 7,130 | |
| 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: | 8,165 | 5,654 | (180) | (3,561) | (8,773) | 2,965 | 7,071 | |
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.