XML 95 R32.htm IDEA: XBRL DOCUMENT v3.19.3

Business Segments (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Operating results and capital expenditures information by segment

The following table summarizes certain operating results and capital expenditures information by segment:

	Three Months Ended September 30,								Nine Months Ended September 30,
(in millions)	2019				2018				2019				2018
Net sales
Petroleum	$	1,535			$	1,857			$	4,484			$	5,139
Nitrogen Fertilizer	89				80				318				253
Other	(2		)		(2		)		(8		)		(6		)
Total	$	1,622			$	1,935			$	4,794			$	5,386
Operating Income
Petroleum	$	173			$	167			$	492			$	424
Nitrogen Fertilizer	(8		)		3				36				(2		)
Other	(6		)		(4		)		(17		)		(13		)
Total	159				166				511				409
Interest expense, net	(26		)		(26		)		(77		)		(79		)
Other income, net	5				3				10				6
Income before income taxes	$	138			$	143			$	444			$	336
Depreciation and amortization
Petroleum	$	51			$	49			$	152			$	146
Nitrogen Fertilizer	18				16				60				53
Other	2				1				5				5
Total	$	71			$	66			$	217			$	204
Capital expenditures (1)
Petroleum	$	27			$	22			$	65			$	51
Nitrogen Fertilizer	7				5				12				16
Other	—				1				4				3
Total	$	34			$	28			$	81			$	70

The following table summarizes total assets by segment:

(in millions)	September 30, 2019				December 31, 2018
Petroleum	$	3,076			$	2,453
Nitrogen Fertilizer	1,180				1,254
Other (2)	(294		)		293
Total Assets	$	3,962			$	4,000

(1)Capital expenditures are shown exclusive of turnarounds.

(2)Includes elimination of intercompany assets.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration