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Inventories (Details) (USD $)
In Millions, unless otherwise specified |
Jun. 30, 2013
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Dec. 31, 2012
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|---|---|---|
| Inventories | ||
| Crude oil and petroleum products | $ 392 | $ 244 |
| Materials, supplies and other | 742 | 721 |
| Total Inventories | 1,134 | 965 |
| Inventories (Textual) [Abstract] | ||
| Inventories valued on the LIFO basis | 252 | 147 |
| Excess of current replacement cost over LIFO cost of inventories | $ 168 | $ 200 |
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- Details
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- Definition
The excess of replacement or current cost over the stated LIFO (last in first out) inventory value when the LIFO inventory method is utilized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of finished goods inventories for petroleum products, crude oil, petrochemical products, and other oil and gas inventories. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of LIFO (last in first out) inventory present at the reporting date when inventory is also valued using different valuation methods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gross amount of products used directly or indirectly in the manufacturing or production process, which may or may not become part of the final product. May also include items used in the storage, presentation or transportation of physical goods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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