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Consolidated Income Statement - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues and Other Income      
Sales and other operating revenues $ 78,494 $ 45,828 $ 18,784
Equity in earnings of affiliates 2,081 832 432
Gain on dispositions 1,077 486 549
Other income (loss) 504 1,203 (509)
Total Revenues and Other Income 82,156 48,349 19,256
Costs and Expenses      
Purchased commodities 33,971 18,158 8,078
Production and operating expenses 7,006 5,694 4,344
Selling, general and administrative expenses 623 719 430
Exploration expenses 564 344 1,457
Depreciation, depletion and amortization 7,504 7,208 5,521
Impairments (12) 674 813
Taxes other than income taxes 3,364 1,634 754
Accretion on discounted liabilities 250 242 252
Interest and debt expense 805 884 806
Foreign currency transaction gains (100) (22) (72)
Other expenses (47) 102 13
Total Costs and Expenses 53,928 35,637 22,396
Income (loss) before income taxes 28,228 12,712 (3,140)
Income tax provision (benefit) 9,548 4,633 (485)
Net income (loss) 18,680 8,079 (2,655)
Less: net income attributable to noncontrolling interests 0 0 (46)
Net Income (Loss) Attributable to ConocoPhillips $ 18,680 $ 8,079 $ (2,701)
Net Income (Loss) Attributable to ConocoPhillips Per Share of Common Stock (dollars)      
Basic (in dollars per share) $ 14.62 $ 6.09 $ (2.51)
Diluted (in dollars per share) $ 14.57 $ 6.07 $ (2.51)
Average Common Shares Outstanding (in thousands)      
Basic (in shares) 1,274,028 1,324,194 1,078,030
Diluted (in shares) 1,278,163 1,328,151 1,078,030