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v3.3.1.900

Segment Information (Details) $ in Millions | 1 Months Ended | 3 Months Ended | 12 Months Ended
--- | --- | --- | ---
Mar. 31, 2014 USD ($) | Dec. 31, 2015 USD ($) | [1] | Sep. 30, 2015 USD ($) | Jun. 30, 2015 USD ($) | Mar. 31, 2015 USD ($) | Dec. 31, 2014 USD ($) | Sep. 30, 2014 USD ($) | Jun. 30, 2014 USD ($) | Mar. 31, 2014 USD ($) | Dec. 31, 2015 USD ($) segments | Dec. 31, 2014 USD ($) | Dec. 31, 2013 USD ($)
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  | $ 18,777 | $ 22,579 | $ 25,118 | $ 21,330 | $ 27,859 | $ 34,408 | $ 34,914 | $ 33,663 | $ 87,804 | [2] | $ 130,844 | [2] | $ 138,074 | [2]
Lower of cost or market inventory valuation adjustment |  |  |  |  |  |  |  |  |  | 790 |  | 0 |  | 0 |
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  | 1,842 |  | 1,690 |  | 1,720 |
Operating income (loss) |  | $ 646 | $ 2,139 | $ 2,078 | $ 1,495 | $ 1,796 | $ 1,670 | $ 1,085 | $ 1,351 | 6,358 |  | 5,902 |  | 3,957 |
Total expenditures for long-lived assets |  |  |  |  |  |  |  |  |  | $ 2,350 |  | 2,802 |  | 2,755 |
Segment Information (Textual) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of reportable segments | segments |  |  |  |  |  |  |  |  |  | 2 |  |  |  |  |
Mount Vernon Ethanol Plant [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Information (Textual) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payments to acquire idled corn ethanol plant | $ 34 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Refining [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | $ 84,521 |  | 126,004 |  | 129,064 |
Ethanol [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 3,283 |  | 4,840 |  | 5,114 |
Retail [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 0 |  | 0 |  | 3,896 |
Operating Segments [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 87,955 |  | 130,944 |  | 141,078 |
Operating Segments [Member] | Refining [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 84,521 |  | 126,004 |  | 131,940 |
Lower of cost or market inventory valuation adjustment |  |  |  |  |  |  |  |  |  | 740 |  |  |  |  |
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  | 1,745 |  | 1,597 |  | 1,566 |
Operating income (loss) |  |  |  |  |  |  |  |  |  | 6,973 |  | 5,884 |  | 4,211 |
Total expenditures for long-lived assets |  |  |  |  |  |  |  |  |  | 2,254 |  | 2,730 |  | 2,595 |
Operating Segments [Member] | Ethanol [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 3,434 |  | 4,940 |  | 5,242 |
Lower of cost or market inventory valuation adjustment |  |  |  |  |  |  |  |  |  | 50 |  |  |  |  |
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  | 50 |  | 49 |  | 45 |
Operating income (loss) |  |  |  |  |  |  |  |  |  | 142 |  | 786 |  | 491 |
Total expenditures for long-lived assets |  |  |  |  |  |  |  |  |  | 67 |  | 42 |  | 33 |
Operating Segments [Member] | Retail [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 0 |  | 0 |  | 3,896 |
Lower of cost or market inventory valuation adjustment |  |  |  |  |  |  |  |  |  | 0 |  |  |  |  |
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  | 0 |  | 0 |  | 41 |
Operating income (loss) |  |  |  |  |  |  |  |  |  | 0 |  | 0 |  | 81 |
Total expenditures for long-lived assets |  |  |  |  |  |  |  |  |  | 0 |  | 0 |  | 62 |
Intersegment Eliminations [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | (151) |  | (100) |  | (3,004) |
Intersegment Eliminations [Member] | Refining [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 0 |  | 0 |  | (2,876) |
Intersegment Eliminations [Member] | Ethanol [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | (151) |  | (100) |  | (128) |
Intersegment Eliminations [Member] | Retail [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 0 |  | 0 |  | 0 |
Corporate, Non-Segment [Member] | Corporate [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment information for our reportable segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  | 47 |  | 44 |  | 68 |
Operating income (loss) |  |  |  |  |  |  |  |  |  | (757) |  | (768) |  | (826) |
Total expenditures for long-lived assets |  |  |  |  |  |  |  |  |  | $ 29 |  | $ 30 |  | $ 65 |
[1] | Operating income for the quarter ended December 31, 2015 reflects a noncash lower of cost or market inventory valuation adjustment of $790 million, as described in Note 6.
[2] | Includes excise taxes on sales by certain of our international operations of $5,980 million, $5,901 million, and $5,459 million.

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