10-Q Filing

MARATHON PETROLEUM CORP CIK: 1510295 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001510295-17-000098`
Period End Date	20170930
Filing Date	20171030
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	mpc-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 112 Cash Flow Statement 100 Stockholders Equity 28 Comprehensive Income 40

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.00M	USD	Point-in-time
Cash and cash equivalents (MPLX: $3 and $234, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	USD	Point-in-time
Shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents (MPLX: $3 and $234, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$709.00M	USD	Point-in-time
Cash and cash equivalents (MPLX: $3 and $234, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$2.09B	USD	Point-in-time
Cash and cash equivalents (MPLX: $3 and $234, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$887.00M	USD	Point-in-time
Shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Receivables, less allowance for doubtful accounts of $10 and $12 (MPLX: $328 and $304, respectively)	`AccountsReceivableNetCurrent`	$3.62B	USD	Point-in-time
Receivables, less allowance for doubtful accounts of $10 and $12 (MPLX: $328 and $304, respectively)	`AccountsReceivableNetCurrent`	$3.90B	USD	Point-in-time
Shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories (MPLX: $64 and $55, respectively)	`InventoryNet`	$5.49B	USD	Point-in-time
Inventories (MPLX: $64 and $55, respectively)	`InventoryNet`	$5.66B	USD	Point-in-time
Other current assets (MPLX: $30 and $33, respectively)	`OtherAssetsCurrent`	$150.00M	USD	Point-in-time
Shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Other current assets (MPLX: $30 and $33, respectively)	`OtherAssetsCurrent`	$241.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.40B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.63B	USD	Point-in-time
Shares issued	`CommonStockSharesIssued`	733.00M	shares	Point-in-time
Equity method investments (MPLX: $3,997 and $2,471, respectively)	`EquityMethodInvestments`	$4.77B	USD	Point-in-time
Shares issued	`CommonStockSharesIssued`	731.00M	shares	Point-in-time
Equity method investments (MPLX: $3,997 and $2,471, respectively)	`EquityMethodInvestments`	$3.83B	USD	Point-in-time
Property, plant and equipment, net (MPLX: $11,922 and $11,408, respectively)	`PropertyPlantAndEquipmentNet`	$25.77B	USD	Point-in-time
Par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment, net (MPLX: $11,922 and $11,408, respectively)	`PropertyPlantAndEquipmentNet`	$26.04B	USD	Point-in-time
Goodwill (MPLX: $2,245 and $2,245, respectively)	`Goodwill`	$3.59B	USD	Point-in-time
Goodwill (MPLX: $2,245 and $2,245, respectively)	`Goodwill`	$3.59B	USD	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Other noncurrent assets (MPLX: $485 and $506, respectively)	`OtherAssetsNoncurrent`	$833.00M	USD	Point-in-time
Treasury stock	`TreasuryStockShares`	203.00M	shares	Point-in-time
Treasury stock	`TreasuryStockShares`	235.00M	shares	Point-in-time
Other noncurrent assets (MPLX: $485 and $506, respectively)	`OtherAssetsNoncurrent`	$784.00M	USD	Point-in-time
Total assets	`Assets`	$44.41B	USD	Point-in-time
Total assets	`Assets`	$46.81B	USD	Point-in-time
Accounts payable (MPLX: $576 and $541, respectively)	`AccountsPayableCurrent`	$6.16B	USD	Point-in-time
Accounts payable (MPLX: $576 and $541, respectively)	`AccountsPayableCurrent`	$5.59B	USD	Point-in-time
Payroll and benefits payable (MPLX: $1 and $1, respectively)	`EmployeeRelatedLiabilitiesCurrent`	$530.00M	USD	Point-in-time
Payroll and benefits payable (MPLX: $1 and $1, respectively)	`EmployeeRelatedLiabilitiesCurrent`	$459.00M	USD	Point-in-time
Consumer excise taxes payable (MPLX: $2 and $3, respectively)	`SalesAndExciseTaxPayableCurrent`	$371.00M	USD	Point-in-time
Consumer excise taxes payable (MPLX: $2 and $3, respectively)	`SalesAndExciseTaxPayableCurrent`	$464.00M	USD	Point-in-time
Accrued taxes (MPLX: $42 and $35, respectively)	`AccruedIncomeTaxesCurrent`	$153.00M	USD	Point-in-time
Accrued taxes (MPLX: $42 and $35, respectively)	`AccruedIncomeTaxesCurrent`	$361.00M	USD	Point-in-time
Debt due within one year (MPLX: $1 and $1, respectively)	`DebtCurrent`	$29.00M	USD	Point-in-time
Debt due within one year (MPLX: $1 and $1, respectively)	`DebtCurrent`	$28.00M	USD	Point-in-time
Other current liabilities (MPLX: $107 and $81, respectively)	`OtherLiabilitiesCurrent`	$378.00M	USD	Point-in-time
Other current liabilities (MPLX: $107 and $81, respectively)	`OtherLiabilitiesCurrent`	$268.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.15B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.65B	USD	Point-in-time
Long-term debt (MPLX: $6,848 and $4,422, respectively)	`LongTermDebtAndCapitalLeaseObligations`	$12.75B	USD	Point-in-time
Long-term debt (MPLX: $6,848 and $4,422, respectively)	`LongTermDebtAndCapitalLeaseObligations`	$10.54B	USD	Point-in-time
Deferred income taxes (MPLX: $7 and $6, respectively)	`DeferredIncomeTaxLiabilitiesNet`	$3.86B	USD	Point-in-time
Deferred income taxes (MPLX: $7 and $6, respectively)	`DeferredIncomeTaxLiabilitiesNet`	$3.94B	USD	Point-in-time
Defined benefit postretirement plan obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.05B	USD	Point-in-time
Defined benefit postretirement plan obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.03B	USD	Point-in-time
Deferred credits and other liabilities (MPLX: $209 and $189, respectively)	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$604.00M	USD	Point-in-time
Deferred credits and other liabilities (MPLX: $209 and $189, respectively)	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$640.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$26.00B	USD	Point-in-time
Total liabilities	`Liabilities`	$23.21B	USD	Point-in-time
Commitments and contingencies (see Note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.00B	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.00B	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.00B	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Preferred stock, no shares issued and outstanding (par value 0.01 per share, 30 million shares authorized)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no shares issued and outstanding (par value 0.01 per share, 30 million shares authorized)	`PreferredStockValue`	-	USD	Point-in-time
Issued 733 million and 731 million shares (par value 0.01 per share, 1 billion shares authorized)	`CommonStockValue`	$7.00M	USD	Point-in-time
Issued 733 million and 731 million shares (par value 0.01 per share, 1 billion shares authorized)	`CommonStockValue`	$7.00M	USD	Point-in-time
Held in treasury, at cost 235 million and 203 million shares	`TreasuryStockValue`	$7.48B	USD	Point-in-time
Held in treasury, at cost 235 million and 203 million shares	`TreasuryStockValue`	$9.12B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$11.24B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$11.06B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$11.04B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-318.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-234.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-239.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-327.00M	USD	Point-in-time
Total MPC stockholders equity	`StockholdersEquity`	$13.56B	USD	Point-in-time
Total MPC stockholders equity	`StockholdersEquity`	$12.93B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.87B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.65B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.80B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.68B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.96B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.20B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$46.81B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$44.41B	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Sales and other operating revenues (including consumer excise taxes)	`RefiningAndMarketingRevenue`	$53.22B	USD	3 Qtrs
Sales and other operating revenues (including consumer excise taxes)	`RefiningAndMarketingRevenue`	$19.05B	USD	1 Quarter
Sales and other operating revenues (including consumer excise taxes)	`RefiningAndMarketingRevenue`	$16.62B	USD	1 Quarter
Sales and other operating revenues (including consumer excise taxes)	`RefiningAndMarketingRevenue`	$46.18B	USD	3 Qtrs
Sales to related parties	`RevenueFromRelatedParties`	$5.00M	USD	3 Qtrs
Sales to related parties	`RevenueFromRelatedParties`	$157.00M	USD	1 Quarter
Sales to related parties	`RevenueFromRelatedParties`	$458.00M	USD	3 Qtrs
Sales to related parties	`RevenueFromRelatedParties`	$2.00M	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$224.00M	USD	3 Qtrs
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-208.00M	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-236.00M	USD	3 Qtrs
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$84.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$1.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$12.00M	USD	3 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$26.00M	USD	3 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	-	USD	1 Quarter
Other income	`OtherOperatingIncome`	$219.00M	USD	3 Qtrs
Other income	`OtherOperatingIncome`	$92.00M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$49.00M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$106.00M	USD	3 Qtrs
Total revenues and other income	`RevenuesAndOtherIncome`	$46.08B	USD	3 Qtrs
Total revenues and other income	`RevenuesAndOtherIncome`	$19.39B	USD	1 Quarter
Total revenues and other income	`RevenuesAndOtherIncome`	$16.46B	USD	1 Quarter
Total revenues and other income	`RevenuesAndOtherIncome`	$54.13B	USD	3 Qtrs
Cost of revenues (excludes items below)	`RefiningAndMarketingCosts`	$14.61B	USD	1 Quarter
Cost of revenues (excludes items below)	`RefiningAndMarketingCosts`	$12.94B	USD	1 Quarter
Cost of revenues (excludes items below)	`RefiningAndMarketingCosts`	$35.48B	USD	3 Qtrs
Cost of revenues (excludes items below)	`RefiningAndMarketingCosts`	$41.91B	USD	3 Qtrs
Purchases from related parties	`CostsAndExpensesRelatedParty`	$148.00M	USD	1 Quarter
Purchases from related parties	`CostsAndExpensesRelatedParty`	$420.00M	USD	3 Qtrs
Purchases from related parties	`CostsAndExpensesRelatedParty`	$359.00M	USD	3 Qtrs
Purchases from related parties	`CostsAndExpensesRelatedParty`	$128.00M	USD	1 Quarter
Inventory market valuation adjustment	`InventoryLIFOReservePeriodCharge`	-	USD	3 Qtrs
Inventory market valuation adjustment	`InventoryLIFOReservePeriodCharge`	-	USD	1 Quarter
Inventory market valuation adjustment	`InventoryLIFOReservePeriodCharge`	$-370.00M	USD	3 Qtrs
Inventory market valuation adjustment	`InventoryLIFOReservePeriodCharge`	-	USD	1 Quarter
Consumer excise taxes	`ExciseAndSalesTaxes`	$5.75B	USD	3 Qtrs
Consumer excise taxes	`ExciseAndSalesTaxes`	$5.63B	USD	3 Qtrs
Consumer excise taxes	`ExciseAndSalesTaxes`	$2.01B	USD	1 Quarter
Consumer excise taxes	`ExciseAndSalesTaxes`	$1.91B	USD	1 Quarter
Impairment expense	`GoodwillImpairmentLoss`	-	USD	3 Qtrs
Impairment expense	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment expense	`GoodwillImpairmentLoss`	$130.00M	USD	3 Qtrs
Impairment expense	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.50B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.57B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$517.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$507.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.29B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.20B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$412.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$420.00M	USD	1 Quarter
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$112.00M	USD	1 Quarter
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$339.00M	USD	3 Qtrs
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$116.00M	USD	1 Quarter
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$332.00M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$44.26B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$51.28B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$16.02B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$17.81B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.85B	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.58B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$435.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.82B	USD	3 Qtrs
Net interest and other financial income (costs)	`InterestAndDebtExpense`	$141.00M	USD	1 Quarter
Net interest and other financial income (costs)	`InterestAndDebtExpense`	$420.00M	USD	3 Qtrs
Net interest and other financial income (costs)	`InterestAndDebtExpense`	$465.00M	USD	3 Qtrs
Net interest and other financial income (costs)	`InterestAndDebtExpense`	$157.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.42B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.38B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$294.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.41B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$75.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$481.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$706.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$415.00M	USD	1 Quarter
Net income	`ProfitLoss`	$924.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.00B	USD	1 Quarter
Net income	`ProfitLoss`	$1.68B	USD	3 Qtrs
Net income	`ProfitLoss`	$219.00M	USD	1 Quarter
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$49.00M	USD	3 Qtrs
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$16.00M	USD	1 Quarter
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$25.00M	USD	3 Qtrs
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$16.00M	USD	1 Quarter
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$85.00M	USD	1 Quarter
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-48.00M	USD	3 Qtrs
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$214.00M	USD	3 Qtrs
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$58.00M	USD	1 Quarter
Net income attributable to MPC	`NetIncomeLoss`	$947.00M	USD	3 Qtrs
Net income attributable to MPC	`NetIncomeLoss`	$1.42B	USD	3 Qtrs
Net income attributable to MPC	`NetIncomeLoss`	$145.00M	USD	1 Quarter
Net income attributable to MPC	`NetIncomeLoss`	$903.00M	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareBasic`	$1.79	USD	3 Qtrs
Net income attributable to MPC per share	`EarningsPerShareBasic`	$2.75	USD	3 Qtrs
Net income attributable to MPC per share	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareBasic`	$1.79	USD	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	527.00M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	528.00M	shares	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	504.00M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	514.00M	shares	3 Qtrs
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$1.77	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$2.73	USD	3 Qtrs
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$1.78	USD	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	518.00M	shares	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	530.00M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	508.00M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	531.00M	shares	3 Qtrs
Dividends paid (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$1.00	USD	3 Qtrs
Dividends paid (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$1.12	USD	3 Qtrs
Dividends paid (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.36	USD	1 Quarter
Dividends paid (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.40	USD	1 Quarter

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$924.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.00B	USD	1 Quarter
Net income	`ProfitLoss`	$1.68B	USD	3 Qtrs
Net income	`ProfitLoss`	$219.00M	USD	1 Quarter
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCosts`	$46.00M	USD	3 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCosts`	$47.00M	USD	3 Qtrs
Impairment expense	`GoodwillImpairmentLoss`	-	USD	3 Qtrs
Impairment expense	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment expense	`GoodwillImpairmentLoss`	$130.00M	USD	3 Qtrs
Impairment expense	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.50B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.57B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$517.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$507.00M	USD	1 Quarter
Inventory market valuation adjustment	`InventoryLIFOReservePeriodCharge`	-	USD	3 Qtrs
Inventory market valuation adjustment	`InventoryLIFOReservePeriodCharge`	-	USD	1 Quarter
Inventory market valuation adjustment	`InventoryLIFOReservePeriodCharge`	$-370.00M	USD	3 Qtrs
Inventory market valuation adjustment	`InventoryLIFOReservePeriodCharge`	-	USD	1 Quarter
Pension and other postretirement benefits, net	`PensionandOtherPostretirementBenefitNet`	$-32.00M	USD	3 Qtrs
Pension and other postretirement benefits, net	`PensionandOtherPostretirementBenefitNet`	$-21.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$335.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$57.00M	USD	3 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$1.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$12.00M	USD	3 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$26.00M	USD	3 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	-	USD	1 Quarter
(Income) loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$224.00M	USD	3 Qtrs
(Income) loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-208.00M	USD	1 Quarter
(Income) loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-236.00M	USD	3 Qtrs
(Income) loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$84.00M	USD	1 Quarter
Distributions from equity method investments	`EquityMethodInvestmentDividendsOrDistributions`	$252.00M	USD	3 Qtrs
Distributions from equity method investments	`EquityMethodInvestmentDividendsOrDistributions`	$199.00M	USD	3 Qtrs
Changes in the fair value of derivative instruments	`UnrealizedGainLossOnDerivatives`	$-6.00M	USD	3 Qtrs
Changes in the fair value of derivative instruments	`UnrealizedGainLossOnDerivatives`	$-101.00M	USD	3 Qtrs
Current receivables	`IncreaseDecreaseInAccountsReceivable`	$209.00M	USD	3 Qtrs
Current receivables	`IncreaseDecreaseInAccountsReceivable`	$296.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-71.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-163.00M	USD	3 Qtrs
Current accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$654.00M	USD	3 Qtrs
Current accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$237.00M	USD	3 Qtrs
All other, net	`OtherOperatingActivitiesCashFlowStatement`	$-54.00M	USD	3 Qtrs
All other, net	`OtherOperatingActivitiesCashFlowStatement`	$-99.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.86B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.00B	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.93B	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.15B	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$249.00M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Disposal of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$64.00M	USD	3 Qtrs
Disposal of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$88.00M	USD	3 Qtrs
Investments acquisitions, loans and contributions	`PaymentsToFundLongtermLoansToRelatedParties`	$730.00M	USD	3 Qtrs
Investments acquisitions, loans and contributions	`PaymentsToFundLongtermLoansToRelatedParties`	$240.00M	USD	3 Qtrs
Investments - redemptions, repayments and return of capital	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$20.00M	USD	3 Qtrs
Investments - redemptions, repayments and return of capital	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$64.00M	USD	3 Qtrs
All other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-62.00M	USD	3 Qtrs
All other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-164.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.22B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.62B	USD	3 Qtrs
Commercial paper issued	`ProceedsFromIssuanceOfCommercialPaper`	$1.06B	USD	3 Qtrs
Commercial paper issued	`ProceedsFromIssuanceOfCommercialPaper`	$300.00M	USD	3 Qtrs
Commercial paper - repayments	`RepaymentsOfCommercialPaper`	$1.06B	USD	3 Qtrs
Commercial paper - repayments	`RepaymentsOfCommercialPaper`	$300.00M	USD	3 Qtrs
Long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$2.66B	USD	3 Qtrs
Long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$714.00M	USD	3 Qtrs
Long-term debt repayments	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$2.11B	USD	3 Qtrs
Long-term debt repayments	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$470.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$28.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$11.00M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.00M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$27.00M	USD	3 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$177.00M	USD	3 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$452.00M	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$1.62B	USD	3 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$51.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$578.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$529.00M	USD	3 Qtrs
Issuance of MPLX LP common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$473.00M	USD	3 Qtrs
Issuance of MPLX LP common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$499.00M	USD	3 Qtrs
Issuance of MPLX LP redeemable preferred units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	-	USD	3 Qtrs
Issuance of MPLX LP redeemable preferred units	`ProceedsFromIssuanceOfPreferredLimitedPartnersUnits`	$984.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$505.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$389.00M	USD	3 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$128.00M	USD	3 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$4.00M	USD	3 Qtrs
Contingent consideration payment	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$164.00M	USD	3 Qtrs
Contingent consideration payment	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$89.00M	USD	3 Qtrs
All other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-44.00M	USD	3 Qtrs
All other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-30.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.20B	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-418.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.20B	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$709.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.09B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$887.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$709.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.09B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$887.00M	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.80B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.68B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.96B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.20B	USD	Point-in-time
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$1.63B	USD	3 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$899.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$578.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$530.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$380.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$456.00M	USD	3 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$128.00M	USD	3 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$4.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	1 Quarter
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$1.62B	USD	3 Qtrs
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$177.00M	USD	3 Qtrs
Net shares issued - stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.00M	USD	3 Qtrs
Net shares issued - stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.00M	USD	3 Qtrs
Impact from equity transactions of MPLX LP	`ImpactofSubsidiaryEquityTransactions`	$429.00M	USD	3 Qtrs
Impact from equity transactions of MPLX LP	`ImpactofSubsidiaryEquityTransactions`	$447.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.80B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.68B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.96B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.20B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Actuarial changes, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax`	$9.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$924.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.00B	USD	1 Quarter
Actuarial changes, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax`	$8.00M	USD	3 Qtrs
Actuarial changes, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax`	$2.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.68B	USD	3 Qtrs
Actuarial changes, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$219.00M	USD	1 Quarter
Prior service costs, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax`	$5.00M	USD	1 Quarter
Prior service costs, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax`	$4.00M	USD	1 Quarter
Prior service costs, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax`	$14.00M	USD	3 Qtrs
Prior service costs, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax`	$12.00M	USD	3 Qtrs
Actuarial changes, net of tax of $2, $0, $9 and $8	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax`	$2.00M	USD	1 Quarter
Actuarial changes, net of tax of $2, $0, $9 and $8	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax`	$4.00M	USD	1 Quarter
Actuarial changes, net of tax of $2, $0, $9 and $8	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax`	$14.00M	USD	3 Qtrs
Actuarial changes, net of tax of $2, $0, $9 and $8	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax`	$15.00M	USD	3 Qtrs
Prior service costs, net of tax of ($4), ($5), ($12) and ($14)	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax`	$7.00M	USD	1 Quarter
Prior service costs, net of tax of ($4), ($5), ($12) and ($14)	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax`	$23.00M	USD	3 Qtrs
Prior service costs, net of tax of ($4), ($5), ($12) and ($14)	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax`	$8.00M	USD	1 Quarter
Prior service costs, net of tax of ($4), ($5), ($12) and ($14)	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax`	$20.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$915.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.00B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$213.00M	USD	1 Quarter
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$25.00M	USD	3 Qtrs
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$16.00M	USD	1 Quarter
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$49.00M	USD	3 Qtrs
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$16.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$58.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$85.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$-48.00M	USD	3 Qtrs
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$214.00M	USD	3 Qtrs
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$938.00M	USD	3 Qtrs
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$900.00M	USD	1 Quarter
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$139.00M	USD	1 Quarter
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$1.41B	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.