v2.4.0.6
Other Financial Information
 12 Months Ended
Dec. 31, 2011
Other Financial Information

Note 23—Other Financial Information

Amounts included in continuing operations for the years ended December 31 were:

 

     Millions of Dollars  
     Except Per Share Amounts  
     2011     2010     2009  

Interest and Debt Expense

       

Incurred

       

Debt

    $ 1,230        1,401        1,470   

Other

      212        237        269   
  

 

 

    

 

 

    

 

 

  

Capitalized

      (488 )      (471 )      (472 ) 
  

 

 

    

 

 

    

 

 

  

Expensed*

    $ 954        1,167        1,267   
  

 

 

    

 

 

    

 

 

  

 

* Pretax interest expense of $18 million, $20 million and $22 million for the years 2011, 2010 and 2009, respectively, are included in discontinued operations and relates to short- and long-term debt included in the separation of the Downstream business. See Note 26—Separation of Downstream Business.

 

Other Income

         

Interest income

    $ 170         135         166   

Other, net

      104         47         91   
  

 

 

     

 

 

     

 

 

  
   $ 274         182         257   
  

 

 

     

 

 

     

 

 

  

Research and Development Expenditures—expensed

    $ 193         172         121   
  

 

 

     

 

 

     

 

 

  

Advertising Expenses

    $ 29         8         12   
  

 

 

     

 

 

     

 

 

  

Shipping and Handling Costs*

    $ 1,417         1,387         1,213   
  

 

 

     

 

 

     

 

 

  

 

* Amounts included in production and operating expenses.

 

Cash Dividends paid per common share

    $ 2.64        2.15        1.91   
  

 

 

    

 

 

    

 

 

  

Foreign Currency Transaction (Gains) Losses—after-tax

       

Alaska

    $ —          —          —     

Lower 48 and Latin America

      —          1        —     

Canada

      (3 )      10        (28 ) 

Europe

      7        20        86   

Asia Pacific and Middle East

      (23 )      (96 )      26   

Other International

      3        4        27   

LUKOIL Investment

      (1 )      15        (20 ) 

Corporate and Other

      (16 )      7        (94 ) 
  

 

 

    

 

 

    

 

 

  
   $ (33 )      (39 )      (3 )