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 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|