We have various cross guarantees among ConocoPhillips, ConocoPhillips Company, ConocoPhillips Australia Funding Company, ConocoPhillips Canada Funding Company I, and ConocoPhillips Canada Funding Company II, with respect to publicly held debt securities. ConocoPhillips Company is 100 percent owned by ConocoPhillips. ConocoPhillips Australia Funding Company, ConocoPhillips Canada Funding Company I and ConocoPhillips Canada Funding Company II are indirect, 100 percent owned subsidiaries of ConocoPhillips Company. ConocoPhillips and ConocoPhillips Company have fully and unconditionally guaranteed the payment obligations of ConocoPhillips Australia Funding Company, ConocoPhillips Canada Funding Company I, and ConocoPhillips Canada Funding Company II, with respect to their publicly held debt securities. Similarly, ConocoPhillips has fully and unconditionally guaranteed the payment obligations of ConocoPhillips Company with respect to its publicly held debt securities. In addition, ConocoPhillips Company has fully and unconditionally guaranteed the payment obligations of ConocoPhillips with respect to its publicly held debt securities. All guarantees are joint and several. The following condensed consolidating financial information presents the results of operations, financial position and cash flows for:

This condensed consolidating financial information should be read in conjunction with the accompanying consolidated financial statements and notes.

		Millions of Dollars
		Three Months Ended June 30, 2013
Income Statement		ConocoPhillips		ConocoPhillips Company	ConocoPhillips Australia Funding Company	ConocoPhillips Canada Funding Company I	ConocoPhillips Canada Funding Company II	All Other Subsidiaries	Consolidating Adjustments	Total Consolidated

Revenues and Other Income
Sales and other operating revenues		$	-	4,621	-	-	-	8,729	-	13,350
Equity in earnings of affiliates			2,449	2,811	-	-	-	558	(5,324)	494
Gain on dispositions			-	3	-	-	-	92	-	95
Other income			-	163	-	-	-	40	-	203
Intercompany revenues			21	30	2	22	9	1,741	(1,825)	-
Total Revenues and Other Income			2,470	7,628	2	22	9	11,160	(7,149)	14,142

Costs and Expenses
Purchased commodities			-	3,978	-	-	-	2,758	(1,215)	5,521
Production and operating expenses			-	377	-	-	-	1,313	(18)	1,672
Selling, general and administrative expenses			2	128	-	-	-	64	(1)	193
Exploration expenses			-	191	-	-	-	130	-	321
Depreciation, depletion and amortization			-	221	-	-	-	1,611	-	1,832
Impairments			-	-	-	-	-	28	-	28
Taxes other than income taxes			-	48	-	-	-	594	-	642
Accretion on discounted liabilities			-	14	-	-	-	91	-	105
Interest and debt expense			605	77	2	20	8	18	(591)	139
Foreign currency transaction (gains) losses			24	1	-	(48)	(16)	32	-	(7)
Total Costs and Expenses			631	5,035	2	(28)	(8)	6,639	(1,825)	10,446
Income from continuing operations before
	income taxes		1,839	2,593	-	50	17	4,521	(5,324)	3,696
Provision for income taxes			(214)	144	-	3	-	1,697	-	1,630
Income From Continuing Operations			2,053	2,449	-	47	17	2,824	(5,324)	2,066
Income (loss) from discontinued operations			(3)	(3)	-	-	-	(3)	6	(3)
Net income			2,050	2,446	-	47	17	2,821	(5,318)	2,063
Less: net income attributable to
	noncontrolling interests		-	-	-	-	-	(13)	-	(13)
Net Income Attributable to ConocoPhillips		$	2,050	2,446	-	47	17	2,808	(5,318)	2,050

Comprehensive Income Attributable
	to ConocoPhillips	$	412	808	-	5	-	1,142	(1,955)	412


Income Statement		Three Months Ended June 30, 2012

Revenues and Other Income
Sales and other operating revenues		$	-	4,278	-	-	-	9,386	-	13,664
Equity in earnings of affiliates			2,068	2,431	-	-	-	571	(4,541)	529
Gain on dispositions			-	-	-	-	-	583	-	583
Other income			-	24	-	-	-	42	-	66
Intercompany revenues			18	245	12	23	9	1,616	(1,923)	-
Total Revenues and Other Income			2,086	6,978	12	23	9	12,198	(6,464)	14,842

Costs and Expenses
Purchased commodities			-	3,767	-	-	-	3,251	(1,297)	5,721
Production and operating expenses			-	337	-	-	-	1,469	(4)	1,802
Selling, general and administrative expenses			3	167	-	-	-	66	(1)	235
Exploration expenses			-	96	-	-	-	169	-	265
Depreciation, depletion and amortization			-	204	-	-	-	1,376	-	1,580
Impairments			-	-	-	-	-	82	-	82
Taxes other than income taxes			-	68	-	-	-	832	-	900
Accretion on discounted liabilities			-	13	-	-	-	90	-	103
Interest and debt expense			586	90	11	20	8	103	(621)	197
Foreign currency transaction (gains) losses			(2)	54	-	(23)	(15)	(2)	-	12
Total Costs and Expenses			587	4,796	11	(3)	(7)	7,436	(1,923)	10,897
Income from continuing operations before
	income taxes		1,499	2,182	1	26	16	4,762	(4,541)	3,945
Provision for income taxes			(199)	114	1	-	1	2,308	-	2,225
Income From Continuing Operations			1,698	2,068	-	26	15	2,454	(4,541)	1,720
Income from discontinued operations			569	569	-	-	-	315	(884)	569
Net income			2,267	2,637	-	26	15	2,769	(5,425)	2,289
Less: net income attributable to
	noncontrolling interests		-	-	-	-	-	(22)	-	(22)
Net Income Attributable to ConocoPhillips		$	2,267	2,637	-	26	15	2,747	(5,425)	2,267

Comprehensive Income (Loss) Attributable
	to ConocoPhillips	$	1,798	2,159	-	(2)	4	1,738	(3,899)	1,798

		Millions of Dollars
		Six Months Ended June 30, 2013
Income Statement		ConocoPhillips		ConocoPhillips Company	ConocoPhillips Australia Funding Company	ConocoPhillips Canada Funding Company I	ConocoPhillips Canada Funding Company II	All Other Subsidiaries	Consolidating Adjustments	Total Consolidated

Revenues and Other Income
Sales and other operating revenues		$	-	9,085	-	-	-	18,431	-	27,516
Equity in earnings of affiliates			4,840	5,685	-	-	-	963	(10,632)	856
Gain on dispositions			-	1	-	-	-	152	-	153
Other income			1	208	-	-	-	59	-	268
Intercompany revenues			41	81	13	44	17	3,394	(3,590)	-
Total Revenues and Other Income			4,882	15,060	13	44	17	22,999	(14,222)	28,793

Costs and Expenses
Purchased commodities			-	7,907	-	-	-	5,822	(2,374)	11,355
Production and operating expenses			-	687	-	-	-	2,692	(20)	3,359
Selling, general and administrative expenses			6	250	-	-	-	120	(18)	358
Exploration expenses			-	334	-	-	-	264	-	598
Depreciation, depletion and amortization			-	429	-	-	-	3,210	-	3,639
Impairments			-	-	-	-	-	30	-	30
Taxes other than income taxes			-	125	-	-	-	1,409	-	1,534
Accretion on discounted liabilities			-	28	-	-	-	183	-	211
Interest and debt expense			1,191	160	12	39	16	29	(1,178)	269
Foreign currency transaction (gains) losses			41	9	-	(70)	(30)	7	-	(43)
Total Costs and Expenses			1,238	9,929	12	(31)	(14)	13,766	(3,590)	21,310
Income from continuing operations before
	income taxes		3,644	5,131	1	75	31	9,233	(10,632)	7,483
Provision for income taxes			(419)	291	-	2	1	3,518	-	3,393
Income From Continuing Operations			4,063	4,840	1	73	30	5,715	(10,632)	4,090
Income from discontinued operations			126	126	-	-	-	126	(252)	126
Net income			4,189	4,966	1	73	30	5,841	(10,884)	4,216
Less: net income attributable to
	noncontrolling interests		-	-	-	-	-	(27)	-	(27)
Net Income Attributable to ConocoPhillips		$	4,189	4,966	1	73	30	5,814	(10,884)	4,189

Comprehensive Income Attributable
	to ConocoPhillips	$	1,942	2,719	1	1	1	3,534	(6,256)	1,942


Income Statement		Six Months Ended June 30, 2012

Revenues and Other Income
Sales and other operating revenues		$	-	8,570	-	-	-	19,687	-	28,257
Equity in earnings of affiliates			4,582	5,132	-	-	-	1,033	(9,728)	1,019
Gain on dispositions			-	-	-	-	-	1,523	-	1,523
Other income			1	55	-	-	-	70	-	126
Intercompany revenues			19	685	23	45	17	2,441	(3,230)	-
Total Revenues and Other Income			4,602	14,442	23	45	17	24,754	(12,958)	30,925

Costs and Expenses
Purchased commodities			-	7,574	-	-	-	6,226	(2,001)	11,799
Production and operating expenses			-	604	-	-	-	2,776	(19)	3,361
Selling, general and administrative expenses			8	430	-	-	-	132	(9)	561
Exploration expenses			-	186	-	-	-	754	-	940
Depreciation, depletion and amortization			-	408	-	-	-	2,743	-	3,151
Impairments			-	-	-	-	-	296	-	296
Taxes other than income taxes			-	150	-	-	-	1,845	-	1,995
Accretion on discounted liabilities			-	26	-	-	-	182	-	208
Interest and debt expense			1,126	171	21	39	16	215	(1,201)	387
Foreign currency transaction (gains) losses			(2)	26	-	(12)	1	4	-	17
Total Costs and Expenses			1,132	9,575	21	27	17	15,173	(3,230)	22,715
Income from continuing operations before
	income taxes		3,470	4,867	2	18	-	9,581	(9,728)	8,210
Provision for income taxes			(389)	285	1	6	-	4,408	-	4,311
Income From Continuing Operations			3,859	4,582	1	12	-	5,173	(9,728)	3,899
Income from discontinued operations			1,345	1,345	-	-	-	1,092	(2,437)	1,345
Net income			5,204	5,927	1	12	-	6,265	(12,165)	5,244
Less: net income attributable to
	noncontrolling interests		-	-	-	-	-	(40)	-	(40)
Net Income Attributable to ConocoPhillips		$	5,204	5,927	1	12	-	6,225	(12,165)	5,204

Comprehensive Income Attributable
	to ConocoPhillips	$	5,621	6,335	1	17	2	6,021	(12,376)	5,621

		Millions of Dollars
		June 30, 2013
Balance Sheet		ConocoPhillips		ConocoPhillips Company	ConocoPhillips Australia Funding Company	ConocoPhillips Canada Funding Company I	ConocoPhillips Canada Funding Company II	All Other Subsidiaries	Consolidating Adjustments	Total Consolidated

Assets
Cash and cash equivalents		$	-	192	2	54	2	3,659	-	3,909
Short-term investments			-	-	-	-	-	75	-	75
Accounts and notes receivable			75	2,385	1	-	-	10,034	(4,075)	8,420
Inventories			-	112	-	-	-	1,022	-	1,134
Prepaid expenses and other current assets			18	567	-	1	-	8,478	-	9,064
Total Current Assets			93	3,256	3	55	2	23,268	(4,075)	22,602
Investments, loans and long-term receivables*			83,568	118,899	-	1,379	547	43,994	(224,371)	24,016
Net properties, plants and equipment			-	9,086	-	-	-	60,352	-	69,438
Other assets			47	240	-	1	3	600	-	891
Total Assets		$	83,708	131,481	3	1,435	552	128,214	(228,446)	116,947

Liabilities and Stockholders’ Equity
Accounts payable		$	-	4,780	-	1	1	9,730	(4,075)	10,437
Short-term debt			395	4	-	-	-	155	-	554
Accrued income and other taxes			-	117	-	5	-	2,691	-	2,813
Employee benefit obligations			-	363	-	-	-	173	-	536
Other accruals			211	654	-	15	6	1,489	-	2,375
Total Current Liabilities			606	5,918	-	21	7	14,238	(4,075)	16,715
Long-term debt			9,051	5,211	-	1,250	499	5,156	-	21,167
Asset retirement obligations and accrued
	environmental costs		-	1,273	-	-	-	7,488	-	8,761
Joint venture acquisition obligation			-	-	-	-	-	2,408	-	2,408
Deferred income taxes			54	282	-	15	7	13,628	-	13,986
Employee benefit obligations			-	2,397	-	-	-	806	-	3,203
Other liabilities and deferred credits*			32,327	22,898	-	47	18	17,278	(70,793)	1,775
Total Liabilities			42,038	37,979	-	1,333	531	61,002	(74,868)	68,015
Retained earnings			31,336	29,064	1	(7)	(45)	35,630	(58,080)	37,899
Other common stockholders’ equity			10,334	64,438	2	109	66	31,158	(95,498)	10,609
Noncontrolling interests			-	-	-	-	-	424	-	424
Total Liabilities and Stockholders’ Equity		$	83,708	131,481	3	1,435	552	128,214	(228,446)	116,947

Balance Sheet		December 31, 2012

Assets
Cash and cash equivalents		$	2	12	6	50	2	3,546	-	3,618
Restricted cash			748	-	-	-	-	-	-	748
Accounts and notes receivable**			64	2,711	-	-	-	11,494	(5,087)	9,182
Inventories			-	57	-	-	-	908	-	965
Prepaid expenses and other current assets			19	847	-	1	-	8,609	-	9,476
Total Current Assets			833	3,627	6	51	2	24,557	(5,087)	23,989
Investments, loans and long-term receivables*			80,910	114,314	759	1,455	578	44,739	(217,749)	25,006
Net properties, plants and equipment			-	8,771	-	-	-	58,492	-	67,263
Other assets			55	216	-	2	3	610	-	886
Total Assets		$	81,798	126,928	765	1,508	583	128,398	(222,836)	117,144

Liabilities and Stockholders’ Equity
Accounts payable**		$	-	5,531	-	4	1	9,564	(5,087)	10,013
Short-term debt			(5)	4	750	-	-	206	-	955
Accrued income and other taxes			-	104	-	3	-	3,259	-	3,366
Employee benefit obligations			-	485	-	-	-	257	-	742
Other accruals			209	636	9	15	4	1,494	-	2,367
Total Current Liabilities			204	6,760	759	22	5	14,780	(5,087)	17,443
Long-term debt			9,453	5,215	-	1,250	499	4,353	-	20,770
Asset retirement obligations and accrued
	environmental costs		-	1,250	-	-	-	7,697	-	8,947
Joint venture acquisition obligation			-	-	-	-	-	2,810	-	2,810
Deferred income taxes			15	598	-	16	7	12,549	-	13,185
Employee benefit obligations			-	2,464	-	-	-	882	-	3,346
Other liabilities and deferred credits*			30,938	19,916	-	117	50	21,174	(69,979)	2,216
Total Liabilities			40,610	36,203	759	1,405	561	64,245	(75,066)	68,717
Retained earnings			28,815	24,041	4	(78)	(73)	30,778	(48,149)	35,338
Other common stockholders’ equity			12,373	66,684	2	181	95	32,935	(99,621)	12,649
Noncontrolling interests			-	-	-	-	-	440	-	440
Total Liabilities and Stockholders’ Equity		$	81,798	126,928	765	1,508	583	128,398	(222,836)	117,144
*Includes intercompany loans.
**Revised to conform to current-year presentation in the ConocoPhillips Company and All Other Subsidiaries columns at December 31, 2012. There was no impact to Total Consolidated balances.

		Millions of Dollars
Statement of Cash Flows		Six Months Ended June 30, 2013
		ConocoPhillips		ConocoPhillips Company	ConocoPhillips Australia Funding Company	ConocoPhillips Canada Funding Company I	ConocoPhillips Canada Funding Company II	All Other Subsidiaries	Consolidating Adjustments	Total Consolidated
Cash Flows From Operating Activities
Net cash provided by continuing operating activities		$	883	2,176	-	4	-	5,983	(749)	8,297
Net cash provided by discontinued operations			-	-	-	-	-	465	(291)	174
Net Cash Provided by Operating Activities			883	2,176	-	4	-	6,448	(1,040)	8,471

Cash Flows From Investing Activities
Capital expenditures and investments			-	(1,355)	-	-	-	(6,080)	339	(7,096)
Proceeds from asset dispositions			-	56	-	-	-	1,670	(50)	1,676
Net purchases of short-term investments			-	-	-	-	-	(74)	-	(74)
Long-term advances/loans—related parties			-	(113)	-	-	-	(710)	823	-
Collection of advances/loans—related parties			-	251	750	-	-	1,609	(2,539)	71
Other			-	3	-	-	-	(49)	-	(46)
Net cash provided by (used in) continuing investing
	activities		-	(1,158)	750	-	-	(3,634)	(1,427)	(5,469)
Net cash used in discontinued operations			-	-	-	-	-	(379)	-	(379)
Net Cash Provided by (Used in) Investing Activities			-	(1,158)	750	-	-	(4,013)	(1,427)	(5,848)

Cash Flows From Financing Activities
Issuance of debt			-	697	-	-	-	126	(823)	-
Repayment of debt			-	(1,566)	(750)	-	-	(1,121)	2,539	(898)
Change in restricted cash			748	-	-	-	-	-	-	748
Issuance of company common stock			(5)	-	-	-	-	-	-	(5)
Dividends paid			(1,629)	-	(4)	-	-	(945)	949	(1,629)
Other			1	31	-	-	-	(134)	(289)	(391)
Net cash used in continuing financing activities			(885)	(838)	(754)	-	-	(2,074)	2,376	(2,175)
Net cash used in discontinued operations			-	-	-	-	-	(91)	91	-
Net Cash Used in Financing Activities			(885)	(838)	(754)	-	-	(2,165)	2,467	(2,175)

Effect of Exchange Rate Changes
	on Cash and Cash Equivalents		-	-	-	-	-	(157)	-	(157)

Net Change in Cash and Cash Equivalents			(2)	180	(4)	4	-	113	-	291
Cash and cash equivalents at beginning of period			2	12	6	50	2	3,546	-	3,618
Cash and Cash Equivalents at End of Period		$	-	192	2	54	2	3,659	-	3,909

Statement of Cash Flows		Six Months Ended June 30, 2012

Cash Flows From Operating Activities
Net cash provided by continuing operating activities		$	3,221	8,449	2	7	-	4,007	(9,538)	6,148
Net cash provided by discontinued operations			-	285	-	-	-	99	-	384
Net Cash Provided by Operating Activities			3,221	8,734	2	7	-	4,106	(9,538)	6,532

Cash Flows From Investing Activities
Capital expenditures and investments			(317)	(5,217)	-	-	-	(6,592)	4,685	(7,441)
Proceeds from asset dispositions			14	1	-	-	-	1,565	(14)	1,566
Net sales of short-term investments			-	-	-	-	-	597	-	597
Long-term advances/loans—related parties			-	-	-	-	-	(2,906)	2,906	-
Collection of advances/loans—related parties			-	102	-	-	-	28	(82)	48
Other			-	4	-	-	-	16	-	20
Net cash used in continuing investing activities			(303)	(5,110)	-	-	-	(7,292)	7,495	(5,210)
Net cash provided by (used in) discontinued
	operations		-	(232)	-	-	-	7,617	(8,100)	(715)
Net Cash Provided by (Used in) Investing Activities			(303)	(5,342)	-	-	-	325	(605)	(5,925)

Cash Flows From Financing Activities
Issuance of debt			831	3,000	-	-	-	6	(3,006)	831
Repayment of debt			-	(8,215)	-	-	-	(113)	8,281	(47)
Special cash distribution from Phillips 66			7,818	-	-	-	-	-	-	7,818
Change in restricted cash			(5,000)	-	-	-	-	-	-	(5,000)
Issuance of company common stock			45	-	-	-	-	-	-	45
Repurchase of company common stock			(4,949)	-	-	-	-	-	-	(4,949)
Dividends paid			(1,661)	-	-	-	-	(3,893)	3,893	(1,661)
Other			(2)	41	-	-	-	(408)	-	(369)
Net cash used in continuing financing activities			(2,918)	(5,174)	-	-	-	(4,408)	9,168	(3,332)
Net cash used in discontinued operations			-	(227)	-	-	-	(2,767)	975	(2,019)
Net Cash Used in Financing Activities			(2,918)	(5,401)	-	-	-	(7,175)	10,143	(5,351)

Effect of Exchange Rate Changes
	on Cash and Cash Equivalents		-	(7)	-	-	-	15	-	8

Net Change in Cash and Cash Equivalents			-	(2,016)	2	7	-	(2,729)	-	(4,736)
Cash and cash equivalents at beginning of period			-	2,028	1	37	1	3,713	-	5,780
Cash and Cash Equivalents at End of Period		$	-	12	3	44	1	984	-	1,044