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10-Q Filing

MARATHON PETROLEUM CORP CIK: 1510295 Q3 2019
Filing Information
Form Type 10-Q
Accession Number 0001510295-19-000144
Period End Date 20190930
Filing Date 20191104
Fiscal Year 2019
Fiscal Period Q3
XBRL Instance mpc-20190930x10q_htm.xml
Balance Sheet 100 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $21.00M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $9.00M 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 CashAndCashEquivalentsAtCarryingValue $1.69B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.52B USD Point-in-time
Receivables, less allowance for doubtful accounts of $21 and $9, respectively AccountsReceivableNetCurrent $5.85B USD Point-in-time
Receivables, less allowance for doubtful accounts of $21 and $9, respectively AccountsReceivableNetCurrent $7.46B USD Point-in-time
Shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Inventories InventoryNet $9.70B USD Point-in-time
Inventories InventoryNet $9.84B USD Point-in-time
Shares authorized PreferredStockSharesAuthorized 30.00M shares Point-in-time
Other current assets OtherAssetsCurrent $457.00M USD Point-in-time
Other current assets OtherAssetsCurrent $646.00M USD Point-in-time
Total current assets AssetsCurrent $19.14B USD Point-in-time
Total current assets AssetsCurrent $18.02B USD Point-in-time
Equity method investments EquityMethodInvestments $5.90B USD Point-in-time
Equity method investments EquityMethodInvestments $6.72B USD Point-in-time
Shares issued CommonStockSharesIssued 978.00M shares Point-in-time
Shares issued CommonStockSharesIssued 975.00M shares Point-in-time
Par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $45.06B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $45.03B USD Point-in-time
Shares authorized CommonStockSharesAuthorized 2.00B shares Point-in-time
Goodwill Goodwill $20.18B USD Point-in-time
Goodwill Goodwill $21.28B USD Point-in-time
Treasury stock TreasuryStockShares 295.00M shares Point-in-time
Treasury stock TreasuryStockShares 328.00M shares Point-in-time
Right of use assets OperatingLeaseRightOfUseAsset - USD Point-in-time
Right of use assets OperatingLeaseRightOfUseAsset $2.52B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $3.44B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $3.78B USD Point-in-time
Total assets Assets $92.94B USD Point-in-time
Total assets Assets $98.14B USD Point-in-time
Accounts payable AccountsPayableCurrent $9.37B USD Point-in-time
Accounts payable AccountsPayableCurrent $11.38B USD Point-in-time
Payroll and benefits payable EmployeeRelatedLiabilitiesCurrent $1.15B USD Point-in-time
Payroll and benefits payable EmployeeRelatedLiabilitiesCurrent $939.00M USD Point-in-time
Accrued taxes AccruedIncomeTaxesCurrent $1.01B USD Point-in-time
Accrued taxes AccruedIncomeTaxesCurrent $1.45B USD Point-in-time
Debt due within one year DebtCurrent $544.00M USD Point-in-time
Debt due within one year DebtCurrent $557.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $586.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent - USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $708.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $862.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $13.22B USD Point-in-time
Total current liabilities LiabilitiesCurrent $15.34B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $26.98B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $28.28B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $6.18B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $4.86B USD Point-in-time
Defined benefit postretirement plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $1.49B USD Point-in-time
Defined benefit postretirement plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $1.51B USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $1.96B USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent - USD Point-in-time
Deferred credits and other liabilities DeferredCreditsAndOtherLiabilitiesNoncurrent $1.26B USD Point-in-time
Deferred credits and other liabilities DeferredCreditsAndOtherLiabilitiesNoncurrent $1.32B USD Point-in-time
Total liabilities Liabilities $47.89B USD Point-in-time
Total liabilities Liabilities $54.52B USD Point-in-time
Commitments and contingencies (see Note 23) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 23) 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
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $968.00M 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 978 million and 975 million shares (par value $0.01 per share, 2 billion shares authorized) CommonStockValue $10.00M USD Point-in-time
Issued 978 million and 975 million shares (par value $0.01 per share, 2 billion shares authorized) CommonStockValue $10.00M USD Point-in-time
Held in treasury, at cost 328 million and 295 million shares TreasuryStockValue $13.18B USD Point-in-time
Held in treasury, at cost 328 million and 295 million shares TreasuryStockValue $15.08B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $33.73B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $33.12B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $14.76B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $15.89B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-168.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-212.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-231.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-144.00M USD Point-in-time
Total MPC stockholders equity StockholdersEquity $35.17B USD Point-in-time
Total MPC stockholders equity StockholdersEquity $33.74B USD Point-in-time
Noncontrolling interests MinorityInterest $8.92B USD Point-in-time
Noncontrolling interests MinorityInterest $8.87B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.86B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.82B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $44.05B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $43.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $42.86B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.03B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.83B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $42.66B USD Point-in-time
Total liabilities, redeemable noncontrolling interest and equity LiabilitiesAndStockholdersEquity $92.94B USD Point-in-time
Total liabilities, redeemable noncontrolling interest and equity LiabilitiesAndStockholdersEquity $98.14B USD Point-in-time
Income Statement 92 line items
Line Item Tag Value Unit Period
Sales and other operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $92.86B USD 3 Qtrs
Sales and other operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $22.99B USD 1 Quarter
Sales and other operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $31.04B USD 1 Quarter
Sales and other operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $64.17B USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $330.00M USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $262.00M USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $124.00M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $96.00M USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets $6.00M USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets $222.00M USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets $1.00M USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets $4.00M USD 1 Quarter
Other income OtherOperatingIncome $96.00M USD 3 Qtrs
Other income OtherOperatingIncome $31.00M USD 1 Quarter
Other income OtherOperatingIncome $47.00M USD 1 Quarter
Other income OtherOperatingIncome $122.00M USD 3 Qtrs
Total revenues and other income RevenuesAndOtherIncome $31.20B USD 1 Quarter
Total revenues and other income RevenuesAndOtherIncome $93.50B USD 3 Qtrs
Total revenues and other income RevenuesAndOtherIncome $64.56B USD 3 Qtrs
Total revenues and other income RevenuesAndOtherIncome $23.13B USD 1 Quarter
Cost of revenues (excludes items below) CostOfGoodsAndServicesSold $82.94B USD 3 Qtrs
Cost of revenues (excludes items below) CostOfGoodsAndServicesSold $20.61B USD 1 Quarter
Cost of revenues (excludes items below) CostOfGoodsAndServicesSold $27.30B USD 1 Quarter
Cost of revenues (excludes items below) CostOfGoodsAndServicesSold $57.77B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $1.62B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $855.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $2.66B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $555.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $833.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.27B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $445.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.62B USD 3 Qtrs
Other taxes TaxesExcludingIncomeAndExciseTaxes $348.00M USD 3 Qtrs
Other taxes TaxesExcludingIncomeAndExciseTaxes $123.00M USD 1 Quarter
Other taxes TaxesExcludingIncomeAndExciseTaxes $550.00M USD 3 Qtrs
Other taxes TaxesExcludingIncomeAndExciseTaxes $190.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $29.18B USD 1 Quarter
Total costs and expenses CostsAndExpenses $88.77B USD 3 Qtrs
Total costs and expenses CostsAndExpenses $21.73B USD 1 Quarter
Total costs and expenses CostsAndExpenses $61.01B USD 3 Qtrs
Income from operations OperatingIncomeLoss $1.40B USD 1 Quarter
Income from operations OperatingIncomeLoss $3.55B USD 3 Qtrs
Income from operations OperatingIncomeLoss $2.02B USD 1 Quarter
Income from operations OperatingIncomeLoss $4.74B USD 3 Qtrs
Net interest and other financial costs InterestAndDebtExpense $240.00M USD 1 Quarter
Net interest and other financial costs InterestAndDebtExpense $317.00M USD 1 Quarter
Net interest and other financial costs InterestAndDebtExpense $618.00M USD 3 Qtrs
Net interest and other financial costs InterestAndDebtExpense $945.00M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.71B USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.94B USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.79B USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.16B USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $222.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $340.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $797.00M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $525.00M USD 3 Qtrs
Net income ProfitLoss $941.00M USD 1 Quarter
Net income ProfitLoss $2.41B USD 3 Qtrs
Net income ProfitLoss $2.99B USD 3 Qtrs
Net income ProfitLoss $1.37B USD 1 Quarter
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $21.00M USD 1 Quarter
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $61.00M USD 3 Qtrs
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $55.00M USD 3 Qtrs
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $19.00M USD 1 Quarter
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $16.00M USD 1 Quarter
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $20.00M USD 1 Quarter
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $20.00M USD 1 Quarter
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $20.00M USD 1 Quarter
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $527.00M USD 3 Qtrs
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $185.00M USD 1 Quarter
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $738.00M USD 3 Qtrs
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $252.00M USD 1 Quarter
Net income attributable to MPC NetIncomeLoss $2.19B USD 3 Qtrs
Net income attributable to MPC NetIncomeLoss $737.00M USD 1 Quarter
Net income attributable to MPC NetIncomeLoss $1.09B USD 1 Quarter
Net income attributable to MPC NetIncomeLoss $1.83B USD 3 Qtrs
Net income attributable to MPC per share EarningsPerShareBasic $1.67 USD 1 Quarter
Net income attributable to MPC per share EarningsPerShareBasic $3.31 USD 3 Qtrs
Net income attributable to MPC per share EarningsPerShareBasic $3.96 USD 3 Qtrs
Net income attributable to MPC per share EarningsPerShareBasic $1.63 USD 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 451.00M shares 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 663.00M shares 3 Qtrs
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 462.00M shares 3 Qtrs
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 656.00M shares 1 Quarter
Net income attributable to MPC per share EarningsPerShareDiluted $3.28 USD 3 Qtrs
Net income attributable to MPC per share EarningsPerShareDiluted $3.92 USD 3 Qtrs
Net income attributable to MPC per share EarningsPerShareDiluted $1.66 USD 1 Quarter
Net income attributable to MPC per share EarningsPerShareDiluted $1.62 USD 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 668.00M shares 3 Qtrs
Weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 456.00M shares 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 466.00M shares 3 Qtrs
Weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 660.00M shares 1 Quarter
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $941.00M USD 1 Quarter
Net income ProfitLoss $2.41B USD 3 Qtrs
Net income ProfitLoss $2.99B USD 3 Qtrs
Net income ProfitLoss $1.37B USD 1 Quarter
Amortization of deferred financing costs and debt discount AmortizationOfFinancingCosts $51.00M USD 3 Qtrs
Amortization of deferred financing costs and debt discount AmortizationOfFinancingCosts $19.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $1.62B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $855.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $2.66B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $555.00M USD 1 Quarter
Pension and other postretirement benefits, net PensionandOtherPostretirementBenefitNet $-110.00M USD 3 Qtrs
Pension and other postretirement benefits, net PensionandOtherPostretirementBenefitNet $38.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $772.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $42.00M USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets $6.00M USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets $222.00M USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets $1.00M USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets $4.00M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $330.00M USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $262.00M USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $124.00M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $96.00M USD 1 Quarter
Distributions from equity method investments EquityMethodInvestmentDividendsOrDistributions $345.00M USD 3 Qtrs
Distributions from equity method investments EquityMethodInvestmentDividendsOrDistributions $473.00M USD 3 Qtrs
Changes in the fair value of derivative instruments UnrealizedGainLossOnDerivatives $-13.00M USD 3 Qtrs
Changes in the fair value of derivative instruments UnrealizedGainLossOnDerivatives $34.00M USD 3 Qtrs
Current receivables IncreaseDecreaseInAccountsReceivable $709.00M USD 3 Qtrs
Current receivables IncreaseDecreaseInAccountsReceivable $1.61B USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $-215.00M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $-182.00M USD 3 Qtrs
Current accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.94B USD 3 Qtrs
Current accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-316.00M USD 3 Qtrs
Right of use assets and operating lease liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet - USD 3 Qtrs
Right of use assets and operating lease liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-20.00M USD 3 Qtrs
All other, net OtherOperatingActivitiesCashFlowStatement $-7.00M USD 3 Qtrs
All other, net OtherOperatingActivitiesCashFlowStatement $282.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $3.43B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $7.03B USD 3 Qtrs
Additions to property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.31B USD 3 Qtrs
Additions to property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.82B USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $453.00M USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $129.00M USD 3 Qtrs
Disposal of assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets $19.00M USD 3 Qtrs
Disposal of assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets $44.00M USD 3 Qtrs
Investments acquisitions, loans and contributions PaymentsToFundLongtermLoansToRelatedParties $222.00M USD 3 Qtrs
Investments acquisitions, loans and contributions PaymentsToFundLongtermLoansToRelatedParties $792.00M USD 3 Qtrs
Investments - redemptions, repayments and return of capital ProceedsFromCollectionOfLongtermLoansToRelatedParties $16.00M USD 3 Qtrs
Investments - redemptions, repayments and return of capital ProceedsFromCollectionOfLongtermLoansToRelatedParties $75.00M USD 3 Qtrs
All other, net PaymentsForProceedsFromOtherInvestingActivities $-60.00M USD 3 Qtrs
All other, net PaymentsForProceedsFromOtherInvestingActivities $-50.00M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-4.58B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.90B USD 3 Qtrs
Long-term debt borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $13.77B USD 3 Qtrs
Long-term debt borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $10.73B USD 3 Qtrs
Long-term debt repayments RepaymentsOfLongTermDebtAndCapitalSecurities $12.55B USD 3 Qtrs
Long-term debt repayments RepaymentsOfLongTermDebtAndCapitalSecurities $5.40B USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $22.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $53.00M USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $6.00M USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $24.00M USD 3 Qtrs
Common stock repurchased PaymentsForRepurchaseOfCommonStock $2.61B USD 3 Qtrs
Common stock repurchased PaymentsForRepurchaseOfCommonStock $1.89B USD 3 Qtrs
Common stock repurchased PaymentsForRepurchaseOfCommonStock $400.00M USD 1 Quarter
Common stock repurchased PaymentsForRepurchaseOfCommonStock $500.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $1.05B USD 3 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $637.00M USD 3 Qtrs
Distributions to noncontrolling interests PaymentsToMinorityShareholders $950.00M USD 3 Qtrs
Distributions to noncontrolling interests PaymentsToMinorityShareholders $599.00M USD 3 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $9.00M USD 3 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $95.00M USD 3 Qtrs
All other, net ProceedsFromPaymentsForOtherFinancingActivities $-64.00M USD 3 Qtrs
All other, net ProceedsFromPaymentsForOtherFinancingActivities $-22.00M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-2.65B USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $1.44B USD 3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $1.98B USD 3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-197.00M USD 3 Qtrs
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 $3.02B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.73B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.53B 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 $3.02B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.73B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.53B USD Point-in-time
Stockholders Equity 67 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.86B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.82B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $44.05B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $43.06B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $42.86B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.03B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.83B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $42.66B USD Point-in-time
Cumulative effect of new accounting principle in period of adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $64.00M USD Point-in-time
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $239.00M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $1.22B USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $1.35B USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $219.00M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $922.00M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $1.35B USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $357.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $351.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $207.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $211.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $350.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $219.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $305.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $182.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $186.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $289.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $179.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $295.00M USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $95.00M USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $1.00M USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $4.00M USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $4.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-68.00M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-7.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-51.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $63.00M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-10.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $65.00M USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $885.00M USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $1.33B USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $500.00M USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $885.00M USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $500.00M USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $400.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $24.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $28.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $30.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $11.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $14.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $15.00M USD 1 Quarter
Equity transactions of MPLX & ANDX ImpactofSubsidiaryEquityTransactions - USD 1 Quarter
Equity transactions of MPLX & ANDX ImpactofSubsidiaryEquityTransactions $2.00M USD 1 Quarter
Equity transactions of MPLX & ANDX ImpactofSubsidiaryEquityTransactions - USD 1 Quarter
Equity transactions of MPLX & ANDX ImpactofSubsidiaryEquityTransactions $-546.00M USD 1 Quarter
Equity transactions of MPLX & ANDX ImpactofSubsidiaryEquityTransactions $1.00M USD 1 Quarter
Equity transactions of MPLX & ANDX ImpactofSubsidiaryEquityTransactions $-596.00M USD 1 Quarter
Other StockholdersEquityOther $-1.00M USD 1 Quarter
Other StockholdersEquityOther $4.00M USD 1 Quarter
Other StockholdersEquityOther $1.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.86B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.82B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $44.05B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $43.06B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $42.86B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.03B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.83B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $42.66B USD Point-in-time
Comprehensive Income 51 line items
Line Item Tag Value Unit Period
Actuarial changes, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax $24.00M USD 1 Quarter
Actuarial changes, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax $-14.00M USD 1 Quarter
Net income ProfitLoss $941.00M USD 1 Quarter
Net income ProfitLoss $2.41B USD 3 Qtrs
Actuarial changes, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax $-8.00M USD 3 Qtrs
Net income ProfitLoss $2.99B USD 3 Qtrs
Actuarial changes, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentTax $29.00M USD 3 Qtrs
Net income ProfitLoss $1.37B USD 1 Quarter
Prior service credit, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax $7.00M USD 3 Qtrs
Prior service credit, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax $3.00M USD 1 Quarter
Prior service credit, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax $3.00M USD 1 Quarter
Prior service credit, tax OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentTax $14.00M USD 3 Qtrs
Other, tax OtherComprehensiveIncomeOtherTax $-1.00M USD 3 Qtrs
Other, tax OtherComprehensiveIncomeOtherTax $-2.00M USD 3 Qtrs
Other, tax OtherComprehensiveIncomeOtherTax - USD 1 Quarter
Other, tax OtherComprehensiveIncomeOtherTax $-1.00M USD 1 Quarter
Actuarial changes, net of tax of ($14), $24, ($8) and $29, respectively OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax $75.00M USD 1 Quarter
Actuarial changes, net of tax of ($14), $24, ($8) and $29, respectively OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax $-46.00M USD 3 Qtrs
Actuarial changes, net of tax of ($14), $24, ($8) and $29, respectively OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax $-42.00M USD 1 Quarter
Actuarial changes, net of tax of ($14), $24, ($8) and $29, respectively OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetUnamortizedGainLossAdjustmentNetofTax $89.00M USD 3 Qtrs
Prior service credit, net of tax of ($3), ($3), ($14) and ($7), respectively OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax $7.00M USD 1 Quarter
Prior service credit, net of tax of ($3), ($3), ($14) and ($7), respectively OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax $21.00M USD 3 Qtrs
Prior service credit, net of tax of ($3), ($3), ($14) and ($7), respectively OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax $8.00M USD 1 Quarter
Prior service credit, net of tax of ($3), ($3), ($14) and ($7), respectively OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansNetPriorServiceCostCreditAdjustmentNetofTax $19.00M USD 3 Qtrs
Other, net of tax of $0, ($1), ($1) and ($2), respectively OtherComprehensiveIncomeOtherNetOfTax $-1.00M USD 1 Quarter
Other, net of tax of $0, ($1), ($1) and ($2), respectively OtherComprehensiveIncomeOtherNetOfTax $-3.00M USD 1 Quarter
Other, net of tax of $0, ($1), ($1) and ($2), respectively OtherComprehensiveIncomeOtherNetOfTax $-5.00M USD 3 Qtrs
Other, net of tax of $0, ($1), ($1) and ($2), respectively OtherComprehensiveIncomeOtherNetOfTax $-3.00M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-68.00M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-7.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-51.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $63.00M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-10.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $65.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.32B USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.47B USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.92B USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.01B USD 1 Quarter
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $55.00M USD 3 Qtrs
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $19.00M USD 1 Quarter
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $20.00M USD 1 Quarter
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $61.00M USD 3 Qtrs
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $252.00M USD 1 Quarter
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $738.00M USD 3 Qtrs
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $527.00M USD 3 Qtrs
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $185.00M USD 1 Quarter
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $2.13B USD 3 Qtrs
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $802.00M USD 1 Quarter
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $1.89B USD 3 Qtrs
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $1.04B USD 1 Quarter

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

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