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10-Q Filing

MARATHON PETROLEUM CORP CIK: 1510295 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001510295-18-000056
Period End Date 20180331
Filing Date 20180430
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance mpc-20180331.xml
Balance Sheet 86 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $10.00M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $11.00M USD Point-in-time
Cash and cash equivalents (MPLX: $2 and $5, respectively) CashAndCashEquivalentsAtCarryingValue $3.01B USD Point-in-time
Cash and cash equivalents (MPLX: $2 and $5, respectively) CashAndCashEquivalentsAtCarryingValue $4.65B USD Point-in-time
Shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Receivables, less allowance for doubtful accounts of $10 and $11 (MPLX: $322 and $299, respectively) AccountsReceivableNetCurrent $4.70B USD Point-in-time
Shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Receivables, less allowance for doubtful accounts of $10 and $11 (MPLX: $322 and $299, respectively) AccountsReceivableNetCurrent $4.61B USD Point-in-time
Inventories (MPLX: $64 and $65, respectively) InventoryNet $5.11B USD Point-in-time
Par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Inventories (MPLX: $64 and $65, respectively) InventoryNet $5.55B USD Point-in-time
Other current assets (MPLX: $26 and $29, respectively) OtherAssetsCurrent $148.00M USD Point-in-time
Other current assets (MPLX: $26 and $29, respectively) OtherAssetsCurrent $145.00M USD Point-in-time
Shares authorized PreferredStockSharesAuthorized 30.00M shares Point-in-time
Total current assets AssetsCurrent $14.53B USD Point-in-time
Total current assets AssetsCurrent $13.40B USD Point-in-time
Shares issued CommonStockSharesIssued 734.00M shares Point-in-time
Shares issued CommonStockSharesIssued 734.00M shares Point-in-time
Equity method investments (MPLX: $4,033 and $4,010, respectively) EquityMethodInvestments $4.79B USD Point-in-time
Equity method investments (MPLX: $4,033 and $4,010, respectively) EquityMethodInvestments $4.82B USD Point-in-time
Property, plant and equipment, net (MPLX: $13,291 and $12,187, respectively) PropertyPlantAndEquipmentNet $26.62B USD Point-in-time
Par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Property, plant and equipment, net (MPLX: $13,291 and $12,187, respectively) PropertyPlantAndEquipmentNet $26.44B USD Point-in-time
Goodwill (MPLX: $2,460 and $2,245, respectively) Goodwill $3.59B USD Point-in-time
Goodwill (MPLX: $2,460 and $2,245, respectively) Goodwill $3.59B USD Point-in-time
Shares authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Treasury stock TreasuryStockShares 267.00M shares Point-in-time
Other noncurrent assets (MPLX: $472 and $479, respectively) OtherAssetsNoncurrent $830.00M USD Point-in-time
Treasury stock TreasuryStockShares 248.00M shares Point-in-time
Other noncurrent assets (MPLX: $472 and $479, respectively) OtherAssetsNoncurrent $818.00M USD Point-in-time
Total assets Assets $50.36B USD Point-in-time
Total assets Assets $49.05B USD Point-in-time
Accounts payable (MPLX: $543 and $621, respectively) AccountsPayableCurrent $8.30B USD Point-in-time
Accounts payable (MPLX: $543 and $621, respectively) AccountsPayableCurrent $7.07B USD Point-in-time
Payroll and benefits payable (MPLX: $2 and $1, respectively) EmployeeRelatedLiabilitiesCurrent $337.00M USD Point-in-time
Payroll and benefits payable (MPLX: $2 and $1, respectively) EmployeeRelatedLiabilitiesCurrent $591.00M USD Point-in-time
Accrued taxes (MPLX: $34 and $38, respectively) AccruedIncomeTaxesCurrent $670.00M USD Point-in-time
Accrued taxes (MPLX: $34 and $38, respectively) AccruedIncomeTaxesCurrent $639.00M USD Point-in-time
Debt due within one year (MPLX: $1 and $1, respectively) DebtCurrent $26.00M USD Point-in-time
Debt due within one year (MPLX: $1 and $1, respectively) DebtCurrent $624.00M USD Point-in-time
Other current liabilities (MPLX: $138 and $130, respectively) OtherLiabilitiesCurrent $304.00M USD Point-in-time
Other current liabilities (MPLX: $138 and $130, respectively) OtherLiabilitiesCurrent $296.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $10.48B USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.37B USD Point-in-time
Long-term debt (MPLX: $11,861 and $6,945, respectively) LongTermDebtAndCapitalLeaseObligations $17.23B USD Point-in-time
Long-term debt (MPLX: $11,861 and $6,945, respectively) LongTermDebtAndCapitalLeaseObligations $12.32B USD Point-in-time
Deferred income taxes (MPLX: $10 and $5, respectively) DeferredIncomeTaxLiabilitiesNet $3.12B USD Point-in-time
Deferred income taxes (MPLX: $10 and $5, respectively) DeferredIncomeTaxLiabilitiesNet $2.65B USD Point-in-time
Defined benefit postretirement plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $1.13B USD Point-in-time
Defined benefit postretirement plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $1.10B USD Point-in-time
Deferred credits and other liabilities (MPLX: $232 and $230, respectively) DeferredCreditsAndOtherLiabilitiesNoncurrent $666.00M USD Point-in-time
Deferred credits and other liabilities (MPLX: $232 and $230, respectively) DeferredCreditsAndOtherLiabilitiesNoncurrent $651.00M USD Point-in-time
Total liabilities Liabilities $30.50B USD Point-in-time
Total liabilities Liabilities $27.22B USD Point-in-time
Commitments and contingencies (see Note 22) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 22) 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 $1.00B 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 734 million and 734 million shares (par value 0.01 per share, 1 billion shares authorized) CommonStockValue $7.00M USD Point-in-time
Issued 734 million and 734 million shares (par value 0.01 per share, 1 billion shares authorized) CommonStockValue $7.00M USD Point-in-time
Held in treasury, at cost 267 million and 248 million shares TreasuryStockValue $9.87B USD Point-in-time
Held in treasury, at cost 267 million and 248 million shares TreasuryStockValue $11.20B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $13.67B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $11.26B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.86B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.74B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-231.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-233.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-234.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-237.00M USD Point-in-time
Total MPC stockholders equity StockholdersEquity $14.03B USD Point-in-time
Total MPC stockholders equity StockholdersEquity $14.99B USD Point-in-time
Noncontrolling interests MinorityInterest $3.88B USD Point-in-time
Noncontrolling interests MinorityInterest $6.79B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.83B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.86B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.20B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.80B USD Point-in-time
Total liabilities, redeemable noncontrolling interest and equity LiabilitiesAndStockholdersEquity $49.05B USD Point-in-time
Total liabilities, redeemable noncontrolling interest and equity LiabilitiesAndStockholdersEquity $50.36B USD Point-in-time
Income Statement 50 line items
Line Item Tag Value Unit Period
Sales and other operating revenues RefiningAndMarketingRevenue $16.13B USD 1 Quarter
Sales and other operating revenues RefiningAndMarketingRevenue $18.69B USD 1 Quarter
Sales to related parties RevenueFromRelatedParties $154.00M USD 1 Quarter
Sales to related parties RevenueFromRelatedParties $172.00M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $57.00M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $86.00M USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets $5.00M USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets $2.00M USD 1 Quarter
Other income OtherOperatingIncome $30.00M USD 1 Quarter
Other income OtherOperatingIncome $43.00M USD 1 Quarter
Total revenues and other income RevenuesAndOtherIncome $18.98B USD 1 Quarter
Total revenues and other income RevenuesAndOtherIncome $16.39B USD 1 Quarter
Cost of revenues (excludes items below) RefiningAndMarketingCosts $14.95B USD 1 Quarter
Cost of revenues (excludes items below) RefiningAndMarketingCosts $17.37B USD 1 Quarter
Purchases from related parties CostsAndExpensesRelatedParty $122.00M USD 1 Quarter
Purchases from related parties CostsAndExpensesRelatedParty $141.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $528.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $536.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $390.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $402.00M USD 1 Quarter
Other taxes TaxesExcludingIncomeAndExciseTaxes $108.00M USD 1 Quarter
Other taxes TaxesExcludingIncomeAndExciseTaxes $103.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $18.54B USD 1 Quarter
Total costs and expenses CostsAndExpenses $16.10B USD 1 Quarter
Income from operations OperatingIncomeLoss $440.00M USD 1 Quarter
Income from operations OperatingIncomeLoss $291.00M USD 1 Quarter
Net interest and other financial costs InterestAndDebtExpense $149.00M USD 1 Quarter
Net interest and other financial costs InterestAndDebtExpense $183.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $257.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $142.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $41.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $22.00M USD 1 Quarter
Net income ProfitLoss $101.00M USD 1 Quarter
Net income ProfitLoss $235.00M USD 1 Quarter
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $16.00M USD 1 Quarter
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $16.00M USD 1 Quarter
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $55.00M USD 1 Quarter
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $182.00M USD 1 Quarter
Net income attributable to MPC NetIncomeLoss $30.00M USD 1 Quarter
Net income attributable to MPC NetIncomeLoss $37.00M USD 1 Quarter
Net income attributable to MPC per share EarningsPerShareBasic $0.06 USD 1 Quarter
Net income attributable to MPC per share EarningsPerShareBasic $0.08 USD 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 476.00M shares 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 525.00M shares 1 Quarter
Net income attributable to MPC per share EarningsPerShareDiluted $0.06 USD 1 Quarter
Net income attributable to MPC per share EarningsPerShareDiluted $0.08 USD 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 480.00M shares 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 530.00M shares 1 Quarter
Dividends paid (in USD per share) CommonStockDividendsPerShareCashPaid $0.36 USD 1 Quarter
Dividends paid (in USD per share) CommonStockDividendsPerShareCashPaid $0.46 USD 1 Quarter
Cash Flow Statement 78 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $101.00M USD 1 Quarter
Net income ProfitLoss $235.00M USD 1 Quarter
Amortization of deferred financing costs and debt discount AmortizationOfFinancingCosts $15.00M USD 1 Quarter
Amortization of deferred financing costs and debt discount AmortizationOfFinancingCosts $18.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $528.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $536.00M USD 1 Quarter
Pension and other postretirement benefits, net PensionandOtherPostretirementBenefitNet $27.00M USD 1 Quarter
Pension and other postretirement benefits, net PensionandOtherPostretirementBenefitNet $32.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-5.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-19.00M USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets $5.00M USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets $2.00M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $57.00M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $86.00M USD 1 Quarter
Distributions from equity method investments EquityMethodInvestmentDividendsOrDistributions $56.00M USD 1 Quarter
Distributions from equity method investments EquityMethodInvestmentDividendsOrDistributions $89.00M USD 1 Quarter
Changes in the fair value of derivative instruments UnrealizedGainLossOnDerivatives $14.00M USD 1 Quarter
Changes in the fair value of derivative instruments UnrealizedGainLossOnDerivatives $-28.00M USD 1 Quarter
Current receivables IncreaseDecreaseInAccountsReceivable $-96.00M USD 1 Quarter
Current receivables IncreaseDecreaseInAccountsReceivable $-333.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-264.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-440.00M USD 1 Quarter
Current accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-215.00M USD 1 Quarter
Current accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-1.46B USD 1 Quarter
All other, net OtherOperatingActivitiesCashFlowStatement $30.00M USD 1 Quarter
All other, net OtherOperatingActivitiesCashFlowStatement $1.00M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $1.11B USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-137.00M USD 1 Quarter
Additions to property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $610.00M USD 1 Quarter
Additions to property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $755.00M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $220.00M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Disposal of assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets $7.00M USD 1 Quarter
Disposal of assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets $2.00M USD 1 Quarter
Investments acquisitions, loans and contributions PaymentsToFundLongtermLoansToRelatedParties $566.00M USD 1 Quarter
Investments acquisitions, loans and contributions PaymentsToFundLongtermLoansToRelatedParties $41.00M USD 1 Quarter
Investments - redemptions, repayments and return of capital ProceedsFromCollectionOfLongtermLoansToRelatedParties $20.00M USD 1 Quarter
Investments - redemptions, repayments and return of capital ProceedsFromCollectionOfLongtermLoansToRelatedParties - USD 1 Quarter
All other, net PaymentsForProceedsFromOtherInvestingActivities $-11.00M USD 1 Quarter
All other, net PaymentsForProceedsFromOtherInvestingActivities $-21.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.35B USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-778.00M USD 1 Quarter
Commercial paper issued ProceedsFromIssuanceOfCommercialPaper - USD 1 Quarter
Commercial paper issued ProceedsFromIssuanceOfCommercialPaper $300.00M USD 1 Quarter
Commercial paper - repayments RepaymentsOfCommercialPaper - USD 1 Quarter
Commercial paper - repayments RepaymentsOfCommercialPaper $300.00M USD 1 Quarter
Long-term debt borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $9.61B USD 1 Quarter
Long-term debt borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $2.24B USD 1 Quarter
Long-term debt repayments RepaymentsOfLongTermDebtAndCapitalSecurities $5.26B USD 1 Quarter
Long-term debt repayments RepaymentsOfLongTermDebtAndCapitalSecurities $207.00M USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $53.00M USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $21.00M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $10.00M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $12.00M USD 1 Quarter
Common stock repurchased PaymentsForRepurchaseOfCommonStock $1.33B USD 1 Quarter
Common stock repurchased PaymentsForRepurchaseOfCommonStock $420.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $190.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $219.00M USD 1 Quarter
Issuance of MPLX LP common units ProceedsFromIssuanceOfCommonLimitedPartnersUnits $148.00M USD 1 Quarter
Issuance of MPLX LP common units ProceedsFromIssuanceOfCommonLimitedPartnersUnits - USD 1 Quarter
Distributions to noncontrolling interests PaymentsToMinorityShareholders $158.00M USD 1 Quarter
Distributions to noncontrolling interests PaymentsToMinorityShareholders $195.00M USD 1 Quarter
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $1.00M USD 1 Quarter
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $126.00M USD 1 Quarter
All other, net ProceedsFromPaymentsForOtherFinancingActivities $-8.00M USD 1 Quarter
All other, net ProceedsFromPaymentsForOtherFinancingActivities $-6.00M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.52B USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $2.56B USD 1 Quarter
Net increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $1.64B USD 1 Quarter
Net increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $1.28B USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.02B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $892.00M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.66B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.17B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.02B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $892.00M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.66B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.17B USD Point-in-time
Stockholders Equity 25 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.83B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.86B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.20B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.80B USD Point-in-time
Cumulative effect of new accounting principle in period of adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $64.00M USD Point-in-time
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $219.00M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $85.00M USD 1 Quarter
Dividends declared DividendsCommonStockCash $219.00M USD 1 Quarter
Dividends declared DividendsCommonStockCash $190.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $142.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $179.00M USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $1.00M USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $126.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-3.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-2.00M USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $1.33B USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $420.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $24.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $24.00M USD 1 Quarter
Impact from equity transactions of MPLX LP ImpactofSubsidiaryEquityTransactions $-546.00M USD 1 Quarter
Impact from equity transactions of MPLX LP ImpactofSubsidiaryEquityTransactions $114.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.83B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.86B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.20B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.80B USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $101.00M USD 1 Quarter
Actuarial changes, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax $3.00M USD 1 Quarter
Net income ProfitLoss $235.00M USD 1 Quarter
Actuarial changes, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax $3.00M USD 1 Quarter
Prior service costs, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax $4.00M USD 1 Quarter
Prior service costs, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax $2.00M USD 1 Quarter
Other, tax OtherComprehensiveIncomeOtherTax - USD 1 Quarter
Other, tax OtherComprehensiveIncomeOtherTax $-1.00M USD 1 Quarter
Actuarial changes, net of tax of $3 and $3 OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax $7.00M USD 1 Quarter
Actuarial changes, net of tax of $3 and $3 OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax $4.00M USD 1 Quarter
Prior service costs, net of tax of ($2) and ($4) OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax $7.00M USD 1 Quarter
Prior service costs, net of tax of ($2) and ($4) OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax $7.00M USD 1 Quarter
Other, net of tax of ($1) and $0 OtherComprehensiveIncomeOtherNetOfTax $-2.00M USD 1 Quarter
Other, net of tax of ($1) and $0 OtherComprehensiveIncomeOtherNetOfTax - USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-3.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-2.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $233.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $98.00M USD 1 Quarter
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $16.00M USD 1 Quarter
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $16.00M USD 1 Quarter
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $182.00M USD 1 Quarter
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $55.00M USD 1 Quarter
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $27.00M USD 1 Quarter
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $35.00M USD 1 Quarter

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

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