10-Q Filing

MARATHON PETROLEUM CORP CIK: 1510295 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001510295-18-000135`
Period End Date	20180630
Filing Date	20180806
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	mpc-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 100 Cash Flow Statement 90 Stockholders Equity 27 Comprehensive Income 48

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.00M	USD	Point-in-time
Shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents (MPLX: $3 and $5, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$5.00B	USD	Point-in-time
Cash and cash equivalents (MPLX: $3 and $5, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$3.01B	USD	Point-in-time
Shares issued	`PreferredStockSharesIssued`	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: $370 and $299, respectively)	`AccountsReceivableNetCurrent`	$4.92B	USD	Point-in-time
Shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Receivables, less allowance for doubtful accounts of $10 and $11 (MPLX: $370 and $299, respectively)	`AccountsReceivableNetCurrent`	$4.70B	USD	Point-in-time
Par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories (MPLX: $73 and $65, respectively)	`InventoryNet`	$5.49B	USD	Point-in-time
Inventories (MPLX: $73 and $65, respectively)	`InventoryNet`	$5.55B	USD	Point-in-time
Other current assets (MPLX: $36 and $29, respectively)	`OtherAssetsCurrent`	$145.00M	USD	Point-in-time
Shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Other current assets (MPLX: $36 and $29, respectively)	`OtherAssetsCurrent`	$145.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$13.40B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.55B	USD	Point-in-time
Shares issued	`CommonStockSharesIssued`	735.00M	shares	Point-in-time
Equity method investments (MPLX: $4,042 and $4,010, respectively)	`EquityMethodInvestments`	$4.84B	USD	Point-in-time
Equity method investments (MPLX: $4,042 and $4,010, respectively)	`EquityMethodInvestments`	$4.79B	USD	Point-in-time
Shares issued	`CommonStockSharesIssued`	734.00M	shares	Point-in-time
Par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment, net (MPLX: $13,642 and $12,187, respectively)	`PropertyPlantAndEquipmentNet`	$26.93B	USD	Point-in-time
Property, plant and equipment, net (MPLX: $13,642 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`	248.00M	shares	Point-in-time
Other noncurrent assets (MPLX: $472 and $479, respectively)	`OtherAssetsNoncurrent`	$830.00M	USD	Point-in-time
Treasury stock	`TreasuryStockShares`	279.00M	shares	Point-in-time
Other noncurrent assets (MPLX: $472 and $479, respectively)	`OtherAssetsNoncurrent`	$833.00M	USD	Point-in-time
Total assets	`Assets`	$51.74B	USD	Point-in-time
Total assets	`Assets`	$49.05B	USD	Point-in-time
Accounts payable (MPLX: $728 and $621, respectively)	`AccountsPayableCurrent`	$8.30B	USD	Point-in-time
Accounts payable (MPLX: $728 and $621, respectively)	`AccountsPayableCurrent`	$8.11B	USD	Point-in-time
Payroll and benefits payable (MPLX: $2 and $1, respectively)	`EmployeeRelatedLiabilitiesCurrent`	$432.00M	USD	Point-in-time
Payroll and benefits payable (MPLX: $2 and $1, respectively)	`EmployeeRelatedLiabilitiesCurrent`	$591.00M	USD	Point-in-time
Accrued taxes (MPLX: $46 and $38, respectively)	`AccruedIncomeTaxesCurrent`	$713.00M	USD	Point-in-time
Accrued taxes (MPLX: $46 and $38, respectively)	`AccruedIncomeTaxesCurrent`	$670.00M	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: $222 and $130, respectively)	`OtherLiabilitiesCurrent`	$296.00M	USD	Point-in-time
Other current liabilities (MPLX: $222 and $130, respectively)	`OtherLiabilitiesCurrent`	$431.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.71B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.48B	USD	Point-in-time
Long-term debt (MPLX: $11,874 and $6,945, respectively)	`LongTermDebtAndCapitalLeaseObligations`	$12.32B	USD	Point-in-time
Long-term debt (MPLX: $11,874 and $6,945, respectively)	`LongTermDebtAndCapitalLeaseObligations`	$17.24B	USD	Point-in-time
Deferred income taxes (MPLX: $11 and $5, respectively)	`DeferredIncomeTaxLiabilitiesNet`	$3.14B	USD	Point-in-time
Deferred income taxes (MPLX: $11 and $5, respectively)	`DeferredIncomeTaxLiabilitiesNet`	$2.65B	USD	Point-in-time
Defined benefit postretirement plan obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.16B	USD	Point-in-time
Defined benefit postretirement plan obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.10B	USD	Point-in-time
Deferred credits and other liabilities (MPLX: $246 and $230, respectively)	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$659.00M	USD	Point-in-time
Deferred credits and other liabilities (MPLX: $246 and $230, respectively)	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$666.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$31.91B	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 735 million and 734 million shares (par value $0.01 per share, 1 billion shares authorized)	`CommonStockValue`	$7.00M	USD	Point-in-time
Issued 735 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 279 million and 248 million shares	`TreasuryStockValue`	$12.09B	USD	Point-in-time
Held in treasury, at cost 279 million and 248 million shares	`TreasuryStockValue`	$9.87B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$11.26B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$13.69B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.59B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.86B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-236.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-231.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-234.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-233.00M	USD	Point-in-time
Total MPC stockholders equity	`StockholdersEquity`	$14.03B	USD	Point-in-time
Total MPC stockholders equity	`StockholdersEquity`	$14.96B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.86B	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`	$19.56B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.82B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.20B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$51.74B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$49.05B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Sales and other operating revenues, excluding consumer excise taxes	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.12B	USD	1 Quarter
Sales and other operating revenues, excluding consumer excise taxes	`RevenueFromContractWithCustomerExcludingAssessedTax`	$40.81B	USD	2 Qtrs
Sales and other operating revenues, including consumer excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$18.03B	USD	1 Quarter
Sales and other operating revenues, including consumer excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$34.17B	USD	2 Qtrs
Sales to related parties	`RevenueFromRelatedParties`	$147.00M	USD	1 Quarter
Sales to related parties	`RevenueFromRelatedParties`	$199.00M	USD	1 Quarter
Sales to related parties	`RevenueFromRelatedParties`	$301.00M	USD	2 Qtrs
Sales to related parties	`RevenueFromRelatedParties`	$371.00M	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$166.00M	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$80.00M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$83.00M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$140.00M	USD	2 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$12.00M	USD	2 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$5.00M	USD	2 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$7.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$3.00M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$75.00M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$45.00M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$84.00M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$127.00M	USD	2 Qtrs
Total revenues and other income	`RevenuesAndOtherIncome`	$41.43B	USD	2 Qtrs
Total revenues and other income	`RevenuesAndOtherIncome`	$18.35B	USD	1 Quarter
Total revenues and other income	`RevenuesAndOtherIncome`	$34.75B	USD	2 Qtrs
Total revenues and other income	`RevenuesAndOtherIncome`	$22.45B	USD	1 Quarter
Cost of revenues (excludes items below)	`CostOfGoodsAndServicesSold`	$16.10B	USD	1 Quarter
Cost of revenues (excludes items below)	`CostOfGoodsAndServicesSold`	$19.52B	USD	1 Quarter
Cost of revenues (excludes items below)	`CostOfGoodsAndServicesSold`	$31.05B	USD	2 Qtrs
Cost of revenues (excludes items below)	`CostOfGoodsAndServicesSold`	$36.89B	USD	2 Qtrs
Purchases from related parties	`CostsAndExpensesRelatedParty`	$138.00M	USD	1 Quarter
Purchases from related parties	`CostsAndExpensesRelatedParty`	$150.00M	USD	1 Quarter
Purchases from related parties	`CostsAndExpensesRelatedParty`	$272.00M	USD	2 Qtrs
Purchases from related parties	`CostsAndExpensesRelatedParty`	$279.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.06B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$533.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$521.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.06B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$826.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$875.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$485.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$424.00M	USD	1 Quarter
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$225.00M	USD	2 Qtrs
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$122.00M	USD	1 Quarter
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$115.00M	USD	1 Quarter
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$223.00M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$20.73B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$17.37B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$39.28B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$33.47B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.27B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.71B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$982.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.15B	USD	2 Qtrs
Net interest and other financial costs	`InterestAndDebtExpense`	$307.00M	USD	2 Qtrs
Net interest and other financial costs	`InterestAndDebtExpense`	$158.00M	USD	1 Quarter
Net interest and other financial costs	`InterestAndDebtExpense`	$195.00M	USD	1 Quarter
Net interest and other financial costs	`InterestAndDebtExpense`	$378.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.77B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$966.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$824.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.52B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$303.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$281.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$250.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$291.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.47B	USD	2 Qtrs
Net income	`ProfitLoss`	$675.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$574.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.24B	USD	1 Quarter
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$17.00M	USD	1 Quarter
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$33.00M	USD	2 Qtrs
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$36.00M	USD	2 Qtrs
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$20.00M	USD	1 Quarter
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$74.00M	USD	1 Quarter
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$342.00M	USD	2 Qtrs
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$129.00M	USD	2 Qtrs
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$160.00M	USD	1 Quarter
Net income attributable to MPC	`NetIncomeLoss`	$1.09B	USD	2 Qtrs
Net income attributable to MPC	`NetIncomeLoss`	$513.00M	USD	2 Qtrs
Net income attributable to MPC	`NetIncomeLoss`	$1.05B	USD	1 Quarter
Net income attributable to MPC	`NetIncomeLoss`	$483.00M	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareBasic`	$0.99	USD	2 Qtrs
Net income attributable to MPC per share	`EarningsPerShareBasic`	$2.34	USD	2 Qtrs
Net income attributable to MPC per share	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareBasic`	$2.30	USD	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	519.00M	shares	2 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	513.00M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	467.00M	shares	2 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	459.00M	shares	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$2.27	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$0.93	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$2.31	USD	2 Qtrs
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$0.98	USD	2 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	523.00M	shares	2 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	472.00M	shares	2 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	464.00M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	517.00M	shares	1 Quarter
Dividends paid (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.92	USD	2 Qtrs
Dividends paid (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.36	USD	1 Quarter
Dividends paid (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.72	USD	2 Qtrs
Dividends paid (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.46	USD	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.47B	USD	2 Qtrs
Net income	`ProfitLoss`	$675.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$574.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.24B	USD	1 Quarter
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCosts`	$35.00M	USD	2 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCosts`	$30.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.06B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$533.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$521.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.06B	USD	2 Qtrs
Pension and other postretirement benefits, net	`PensionandOtherPostretirementBenefitNet`	$-59.00M	USD	2 Qtrs
Pension and other postretirement benefits, net	`PensionandOtherPostretirementBenefitNet`	$65.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$23.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.00M	USD	2 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$12.00M	USD	2 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$5.00M	USD	2 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$7.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets`	$3.00M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$166.00M	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$80.00M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$83.00M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$140.00M	USD	2 Qtrs
Distributions from equity method investments	`EquityMethodInvestmentDividendsOrDistributions`	$136.00M	USD	2 Qtrs
Distributions from equity method investments	`EquityMethodInvestmentDividendsOrDistributions`	$217.00M	USD	2 Qtrs
Changes in the fair value of derivative instruments	`UnrealizedGainLossOnDerivatives`	$-59.00M	USD	2 Qtrs
Changes in the fair value of derivative instruments	`UnrealizedGainLossOnDerivatives`	$-1.00M	USD	2 Qtrs
Current receivables	`IncreaseDecreaseInAccountsReceivable`	$225.00M	USD	2 Qtrs
Current receivables	`IncreaseDecreaseInAccountsReceivable`	$-344.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-66.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-107.00M	USD	2 Qtrs
Current accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-208.00M	USD	2 Qtrs
Current accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-231.00M	USD	2 Qtrs
All other, net	`OtherOperatingActivitiesCashFlowStatement`	$-41.00M	USD	2 Qtrs
All other, net	`OtherOperatingActivitiesCashFlowStatement`	$-51.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.25B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.96B	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.47B	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.26B	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$220.00M	USD	2 Qtrs
Disposal of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$14.00M	USD	2 Qtrs
Disposal of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$37.00M	USD	2 Qtrs
Investments acquisitions, loans and contributions	`PaymentsToFundLongtermLoansToRelatedParties`	$118.00M	USD	2 Qtrs
Investments acquisitions, loans and contributions	`PaymentsToFundLongtermLoansToRelatedParties`	$677.00M	USD	2 Qtrs
Investments - redemptions, repayments and return of capital	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$15.00M	USD	2 Qtrs
Investments - redemptions, repayments and return of capital	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$24.00M	USD	2 Qtrs
All other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-37.00M	USD	2 Qtrs
All other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-89.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.01B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.52B	USD	2 Qtrs
Commercial paper issued	`ProceedsFromIssuanceOfCommercialPaper`	$300.00M	USD	2 Qtrs
Commercial paper issued	`ProceedsFromIssuanceOfCommercialPaper`	-	USD	2 Qtrs
Commercial paper - repayments	`RepaymentsOfCommercialPaper`	$300.00M	USD	2 Qtrs
Commercial paper - repayments	`RepaymentsOfCommercialPaper`	-	USD	2 Qtrs
Long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$9.61B	USD	2 Qtrs
Long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$2.24B	USD	2 Qtrs
Long-term debt repayments	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$213.00M	USD	2 Qtrs
Long-term debt repayments	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$5.27B	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$21.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$53.00M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$21.00M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$20.00M	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$885.00M	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$2.21B	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$1.17B	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$750.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$376.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$430.00M	USD	2 Qtrs
Issuance of MPLX LP common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$434.00M	USD	2 Qtrs
Issuance of MPLX LP common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	-	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$324.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$394.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$5.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$128.00M	USD	2 Qtrs
Contingent consideration payment	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$89.00M	USD	2 Qtrs
Contingent consideration payment	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
All other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.00M	USD	2 Qtrs
All other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.26B	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$613.00M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$562.00M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.99B	USD	2 Qtrs
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`	$5.00B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.02B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.00B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$892.00M	USD	Point-in-time

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.83B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.56B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.82B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.20B	USD	Point-in-time
Cumulative effect of new accounting principle in period of adoption	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$64.00M	USD	Point-in-time
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$642.00M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$1.43B	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$430.00M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$375.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$291.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$361.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$128.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$5.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$1.17B	USD	2 Qtrs
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$2.21B	USD	2 Qtrs
Net shares issued - stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$38.00M	USD	2 Qtrs
Net shares issued - stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$36.00M	USD	2 Qtrs
Impact from equity transactions of MPLX LP	`ImpactofSubsidiaryEquityTransactions`	$-546.00M	USD	2 Qtrs
Impact from equity transactions of MPLX LP	`ImpactofSubsidiaryEquityTransactions`	$393.00M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.83B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.56B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.82B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.20B	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.47B	USD	2 Qtrs
Actuarial changes, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax`	$2.00M	USD	1 Quarter
Actuarial changes, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax`	$7.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$675.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$574.00M	USD	1 Quarter
Actuarial changes, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax`	$4.00M	USD	1 Quarter
Actuarial changes, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax`	$5.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.24B	USD	1 Quarter
Prior service costs, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax`	$8.00M	USD	2 Qtrs
Prior service costs, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax`	$2.00M	USD	1 Quarter
Prior service costs, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax`	$4.00M	USD	1 Quarter
Prior service costs, tax	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax`	$4.00M	USD	2 Qtrs
Other, tax	`OtherComprehensiveIncomeOtherTax`	-	USD	1 Quarter
Other, tax	`OtherComprehensiveIncomeOtherTax`	-	USD	1 Quarter
Other, tax	`OtherComprehensiveIncomeOtherTax`	-	USD	2 Qtrs
Other, tax	`OtherComprehensiveIncomeOtherTax`	$-1.00M	USD	2 Qtrs
Actuarial changes, net of tax of $2, $4, $5 and $7, respectively	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax`	$7.00M	USD	1 Quarter
Actuarial changes, net of tax of $2, $4, $5 and $7, respectively	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax`	$11.00M	USD	2 Qtrs
Actuarial changes, net of tax of $2, $4, $5 and $7, respectively	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax`	$14.00M	USD	2 Qtrs
Actuarial changes, net of tax of $2, $4, $5 and $7, respectively	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax`	$7.00M	USD	1 Quarter
Prior service costs, net of tax of ($2), ($4), ($4) and ($8), respectively	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax`	$7.00M	USD	1 Quarter
Prior service costs, net of tax of ($2), ($4), ($4) and ($8), respectively	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax`	$14.00M	USD	2 Qtrs
Prior service costs, net of tax of ($2), ($4), ($4) and ($8), respectively	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax`	$13.00M	USD	2 Qtrs
Prior service costs, net of tax of ($2), ($4), ($4) and ($8), respectively	`OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax`	$6.00M	USD	1 Quarter
Other, net of tax of $0, $0, ($1) and $0, respectively	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	1 Quarter
Other, net of tax of $0, $0, ($1) and $0, respectively	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	2 Qtrs
Other, net of tax of $0, $0, ($1) and $0, respectively	`OtherComprehensiveIncomeOtherNetOfTax`	$-2.00M	USD	2 Qtrs
Other, net of tax of $0, $0, ($1) and $0, respectively	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$673.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.24B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$575.00M	USD	1 Quarter
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$36.00M	USD	2 Qtrs
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$20.00M	USD	1 Quarter
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$33.00M	USD	2 Qtrs
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$17.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$129.00M	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$74.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$160.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$342.00M	USD	2 Qtrs
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$484.00M	USD	1 Quarter
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$1.09B	USD	2 Qtrs
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$511.00M	USD	2 Qtrs
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$1.05B	USD	1 Quarter

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