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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues and other income:        
Sales and other operating revenues $ 31,043 $ 22,988 $ 92,857 $ 64,171
Income from equity method investments 124 96 330 262
Net gain on disposal of assets 4 1 222 6
Other income 31 47 96 122
Total revenues and other income 31,202 23,132 93,505 64,561
Costs and expenses:        
Cost of revenues (excludes items below) 27,300 20,606 82,942 57,772
Depreciation and amortization 855 555 2,660 1,616
Selling, general and administrative expenses 833 445 2,618 1,271
Other taxes 190 123 550 348
Total costs and expenses 29,178 21,729 88,770 61,007
Income from operations 2,024 1,403 4,735 3,554
Net interest and other financial costs 317 240 945 618
Income before income taxes 1,707 1,163 3,790 2,936
Provision for income taxes 340 222 797 525
Net income 1,367 941 2,993 2,411
Less net income attributable to:        
Redeemable noncontrolling interest 20 19 61 55
Noncontrolling interests 252 185 738 527
Net income attributable to MPC $ 1,095 $ 737 $ 2,194 $ 1,829
Basic:        
Net income attributable to MPC per share $ 1.67 $ 1.63 $ 3.31 $ 3.96
Weighted average shares outstanding (in shares) 656 451 663 462
Diluted:        
Net income attributable to MPC per share $ 1.66 $ 1.62 $ 3.28 $ 3.92
Weighted average shares outstanding (in shares) 660 456 668 466