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v3.22.4

Segment Disclosures and Related Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Sales and Other Operating Revenues | Analysis of Results by Operating Segment
| Millions of Dollars
| 2022 | 2021 | 2020
Sales and Other Operating Revenues |  |  |
Alaska | $ | 7,905 |  | 5,480 |  | 3,408 |
Intersegment eliminations | — |  | — |  | (11) |
Alaska | 7,905 |  | 5,480 |  | 3,397 |
Lower 48 | 52,921 |  | 29,306 |  | 9,872 |
Intersegment eliminations | (18) |  | (12) |  | (51) |
Lower 48 | 52,903 |  | 29,294 |  | 9,821 |
Canada | 6,159 |  | 4,077 |  | 1,666 |
Intersegment eliminations | (2,445) |  | (1,583) |  | (405) |
Canada | 3,714 |  | 2,494 |  | 1,261 |
Europe, Middle East and North Africa | 11,271 |  | 5,902 |  | 1,919 |
Intersegment eliminations | (1) |  | — |  | (2) |
Europe, Middle East and North Africa | 11,270 |  | 5,902 |  | 1,917 |
Asia Pacific | 2,606 |  | 2,579 |  | 2,363 |
Other International | — |  | 4 |  | 7 |
Corporate and Other | 96 |  | 75 |  | 18 |
Consolidated sales and other operating revenues | $ | 78,494 |  | 45,828 |  | 18,784 |
Depreciation, Depletion, Amortization and Impairments |
| Millions of Dollars
| 2022 | 2021 | 2020
Depreciation, Depletion, Amortization and Impairments |  |  |
Alaska | $ | 941 |  | 1,002 |  | 996 |
Lower 48 | 4,854 |  | 4,067 |  | 3,358 |
Canada | 400 |  | 392 |  | 342 |
Europe, Middle East and North Africa | 735 |  | 862 |  | 775 |
Asia Pacific | 518 |  | 1,483 |  | 809 |
Other International | — |  | — |  | — |
Corporate and Other | 44 |  | 76 |  | 54 |
Consolidated depreciation, depletion, amortization and impairments | $ | 7,492 |  | 7,882 |  | 6,334 |
Equity in Earnings of Affiliates |
Equity in Earnings of Affiliates |  |  |
Alaska | $ | 4 |  | 5 |  | (7) |
Lower 48 | (14) |  | (18) |  | (11) |
Canada | — |  | — |  | — |
Europe, Middle East and North Africa | 780 |  | 502 |  | 311 |
Asia Pacific | 1,310 |  | 343 |  | 137 |
Other International | 1 |  | — |  | 2 |
Corporate and Other | — |  | — |  | — |
Consolidated equity in earnings of affiliates | $ | 2,081 |  | 832 |  | 432 |
Income Tax Provision (Benefit) |
| Millions of Dollars
| 2022 | 2021 | 2020
Income Tax Provision (Benefit) |  |  |
Alaska | $ | 885 |  | 402 |  | (256) |
Lower 48 | 3,088 |  | 1,390 |  | (378) |
Canada | 206 |  | 150 |  | (185) |
Europe, Middle East and North Africa | 5,445 |  | 2,543 |  | 136 |
Asia Pacific | 480 |  | 483 |  | 294 |
Other International | 53 |  | (53) |  | (20) |
Corporate and Other | (609) |  | (282) |  | (76) |
Consolidated income tax provision (benefit) | $ | 9,548 |  | 4,633 |  | (485) |
Net Income (Loss) Attributable to ConocoPhillips |
Net Income (Loss) Attributable to ConocoPhillips |  |  |
Alaska | $ | 2,352 |  | 1,386 |  | (719) |
Lower 48 | 11,015 |  | 4,932 |  | (1,122) |
Canada | 714 |  | 458 |  | (326) |
Europe, Middle East and North Africa | 2,244 |  | 1,167 |  | 448 |
Asia Pacific | 2,736 |  | 453 |  | 962 |
Other International | (51) |  | (107) |  | (64) |
Corporate and Other | (330) |  | (210) |  | (1,880) |
Consolidated net income (loss) attributable to ConocoPhillips | $ | 18,680 |  | 8,079 |  | (2,701) |
Investments In and Advances To Affiliates |
Investments in and Advances to Affiliates |  |  |
Alaska | $ | 55 |  | 58 |  | 62 |
Lower 48 | 235 |  | 242 |  | 25 |
Canada | — |  | — |  | — |
Europe, Middle East and North Africa | 1,049 |  | 797 |  | 918 |
Asia Pacific | 6,154 |  | 5,603 |  | 6,705 |
Other International | — |  | 1 |  | — |
Corporate and Other | — |  | — |  | — |
Consolidated investments in and advances to affiliates | $ | 7,493 |  | 6,701 |  | 7,710 |
Total Assets |
Total Assets |  |  |
Alaska | $ | 15,126 |  | 14,812 |  | 14,623 |
Lower 48 | 42,950 |  | 41,699 |  | 11,932 |
Canada | 6,971 |  | 7,439 |  | 6,863 |
Europe, Middle East and North Africa | 8,263 |  | 9,125 |  | 8,756 |
Asia Pacific | 9,511 |  | 9,840 |  | 11,231 |
Other International | — |  | 1 |  | 226 |
Corporate and Other | 11,008 |  | 7,745 |  | 8,987 |
Consolidated total assets | $ | 93,829 |  | 90,661 |  | 62,618 |
Capital Expenditures and Investments |
| Millions of Dollars
| 2022 | 2021 | 2020
Capital Expenditures and Investments |  |  |
Alaska | $ | 1,091 |  | 982 |  | 1,038 |
Lower 48 | 5,630 |  | 3,129 |  | 1,881 |
Canada | 530 |  | 203 |  | 651 |
Europe, Middle East and North Africa | 998 |  | 534 |  | 600 |
Asia Pacific | 1,880 |  | 390 |  | 384 |
Other International | — |  | 33 |  | 121 |
Corporate and Other | 30 |  | 53 |  | 40 |
Consolidated capital expenditures and investments | $ | 10,159 |  | 5,324 |  | 4,715 |
Interest Income and Expense |
Interest Income and Expense |  |  |
Interest income |  |  |
Alaska | $ | — |  | — |  | — |
Lower 48 | — |  | — |  | — |
Canada | — |  | — |  | — |
Europe, Middle East and North Africa | 1 |  | 2 |  | 5 |
Asia Pacific | 9 |  | 9 |  | 7 |
Other International | — |  | — |  | — |
Corporate and Other | 185 |  | 22 |  | 88 |
Interest and debt expense |  |  |
Corporate and Other | $ | 805 |  | 884 |  | 806 |
Sales and Other Operating Revenues by Product |
Sales and Other Operating Revenues by Product |  |  |
Crude oil | $ | 41,492 |  | 23,648 |  | 9,736 |
Natural gas | 26,941 |  | 16,904 |  | 6,427 |
Natural gas liquids | 3,650 |  | 1,668 |  | 528 |
Other* | 6,411 |  | 3,608 |  | 2,093 |
Consolidated sales and other operating revenues by product | $ | 78,494 |  | 45,828 |  | 18,784 |
*Includes LNG and bitumen.
Geographic Information | Geographic Information
| Millions of Dollars
| Sales and Other Operating Revenues(1) |  | Long-Lived Assets(2)
| 2022 | 2021 | 2020 |  | 2022 | 2021 | 2020
United States | $ | 60,899 |  | 34,847 |  | 13,230 |  |  | 51,200 |  | 50,580 |  | 24,034 |
Australia and Timor-Leste | — |  | — |  | 605 |  |  | 6,158 |  | 5,579 |  | 6,676 |
Canada | 3,714 |  | 2,494 |  | 1,261 |  |  | 6,269 |  | 6,608 |  | 6,385 |
China | 1,135 |  | 724 |  | 460 |  |  | 1,538 |  | 1,476 |  | 1,491 |
Indonesia(3) | 159 |  | 879 |  | 689 |  |  | — |  | 28 |  | 464 |
Libya | 1,582 |  | 1,102 |  | 155 |  |  | 714 |  | 659 |  | 670 |
Malaysia | 1,312 |  | 975 |  | 610 |  |  | 1,107 |  | 1,252 |  | 1,501 |
Norway | 3,415 |  | 2,563 |  | 1,426 |  |  | 4,369 |  | 4,681 |  | 5,294 |
United Kingdom | 6,273 |  | 2,236 |  | 336 |  |  | 1 |  | 1 |  | 1 |
Other foreign countries | 5 |  | 8 |  | 12 |  |  | 1,003 |  | 748 |  | 1,087 |
Worldwide consolidated | $ | 78,494 |  | 45,828 |  | 18,784 |  |  | 72,359 |  | 71,612 |  | 47,603 |
(1)Sales and other operating revenues are attributable to countries based on the location of the selling operation. (2)Defined as net PP&E plus equity investments and advances to affiliated companies. (3)Assets divested in 2022. See Note 3.

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