Noncontrolling Interests

Note 11—Noncontrolling Interests

Activity attributable to common stockholders’ equity and noncontrolling interests for the first nine months of 2012 and 2011 was as follows:

		Millions of Dollars
		2012				2011
		Common Stockholders’ Equity		Non-Controlling Interest	Total Equity	Common Stockholders’ Equity	*	Non-Controlling Interest	Total Equity	*

Balance at January 1		$	65,239	510	65,749	68,577		547	69,124
Net income			7,002	55	7,057	9,046		46	9,092
Dividends			(2,469)	-	(2,469)	(2,761)		-	(2,761)
Repurchase of company
	common stock		(5,098)	-	(5,098)	(7,984)		-	(7,984)
Distributions to noncontrolling
	interests		-	(63)	(63)	-		(70)	(70)
Separation of Downstream
	business		(18,623)	(31)	(18,654)	-		-	-
Other changes, net**			1,355	-	1,355	(1,057)		(3)	(1,060)
Balance at September 30		$	47,406	471	47,877	65,821		520	66,341
	*Certain amounts have been restated to reflect a prior period adjustment. See Note 16—Accumulated Other Comprehensive Income.
**Includes components of other comprehensive income, which are disclosed separately in the Consolidated Statement of Comprehensive Income.

Income from continuing operations and discontinued operations attributable to ConocoPhillips for the three- and nine-month periods of 2012 and 2011 were as follows:

	Millions of Dollars
	Three Months Ended			Nine Months Ended
	September 30			September 30
	2012		2011	2012	2011

Income from continuing operations	$	1,797	1,482	5,755	6,070
Income from discontinued operations		1	1,134	1,247	2,976
Net Income	$	1,798	2,616	7,002	9,046

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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