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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues and other income:    
Sales and other operating revenues (including consumer excise taxes) $ 16,288 $ 12,755
Income from equity method investments 57 22
Net gain on disposal of assets 5 25
Other income 43 28
Total revenues and other income 16,393 12,830
Costs and expenses:    
Cost of revenues (excludes items below) 13,133 9,701
Purchases from related parties 122 107
Inventory market valuation adjustment 0 15
Consumer excise taxes 1,813 1,826
Impairment expense 0 129
Depreciation and amortization 536 490
Selling, general and administrative expenses 389 378
Other taxes 108 109
Total costs and expenses 16,101 12,755
Income from operations 292 75
Net interest and other financial income (costs) (150) (142)
Income (loss) before income taxes 142 (67)
Provision for income taxes 41 11
Net income (loss) 101 (78)
Less net income (loss) attributable to:    
Redeemable noncontrolling interest 16 0
Noncontrolling interests 55 (79)
Net income attributable to MPC $ 30 $ 1
Basic:    
Net income attributable to MPC per share $ 0.06 $ 0.003
Weighted average shares outstanding (in shares) 525 529
Diluted:    
Net income attributable to MPC per share $ 0.06 $ 0.003
Weighted average shares outstanding (in shares) 530 531
Dividends paid (in USD per share) $ 0.36 $ 0.32