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10-Q Filing

MARATHON PETROLEUM CORP CIK: 1510295 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0001510295-22-000077
Period End Date 20220930
Filing Date 20221101
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance mpc-20220930_htm.xml
Balance Sheet 94 line items
Line Item Tag Value Unit Period
Accounts Receivable, Allowance for Credit Loss, Current AllowanceForDoubtfulAccountsReceivableCurrent $40.00M USD Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current AllowanceForDoubtfulAccountsReceivableCurrent $39.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.29B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.38B USD Point-in-time
Short-term investments DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent $3.76B USD Point-in-time
Short-term investments DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent $5.55B USD Point-in-time
Preferred Stock, Shares Issued PreferredStockSharesIssued 0.00 shares Point-in-time
Receivables, less allowance for doubtful accounts of $39 and $40, respectively AccountsReceivableNetCurrent $11.03B USD Point-in-time
Preferred Stock, Shares Outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Receivables, less allowance for doubtful accounts of $39 and $40, respectively AccountsReceivableNetCurrent $13.46B USD Point-in-time
Inventories InventoryNet $9.83B USD Point-in-time
Preferred Stock, Par or Stated Value Per Share PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Inventories InventoryNet $8.05B USD Point-in-time
Preferred Stock, Shares Authorized PreferredStockSharesAuthorized 30.00M shares Point-in-time
Other current assets OtherAssetsCurrent $568.00M USD Point-in-time
Other current assets OtherAssetsCurrent $858.00M USD Point-in-time
Total current assets AssetsCurrent $30.50B USD Point-in-time
Total current assets AssetsCurrent $35.28B USD Point-in-time
Equity method investments EquityMethodInvestments $6.49B USD Point-in-time
Equity method investments EquityMethodInvestments $5.41B USD Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 989.00M shares Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 984.00M shares Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $37.44B USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $35.38B USD Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 2.00B shares Point-in-time
Goodwill Goodwill $8.26B USD Point-in-time
Goodwill Goodwill $8.24B USD Point-in-time
Right of use assets OperatingLeaseRightOfUseAsset $1.37B USD Point-in-time
Treasury Stock, Shares TreasuryStockShares 520.00M shares Point-in-time
Treasury Stock, Shares TreasuryStockShares 405.00M shares Point-in-time
Right of use assets OperatingLeaseRightOfUseAsset $1.20B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $3.09B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $2.40B USD Point-in-time
Total assets Assets $85.37B USD Point-in-time
Total assets Assets $89.69B USD Point-in-time
Accounts payable AccountsPayableCurrent $16.68B USD Point-in-time
Accounts payable AccountsPayableCurrent $13.70B USD Point-in-time
Payroll and benefits payable EmployeeRelatedLiabilitiesCurrent $911.00M USD Point-in-time
Payroll and benefits payable EmployeeRelatedLiabilitiesCurrent $773.00M USD Point-in-time
Accrued taxes TaxesPayableCurrent $1.23B USD Point-in-time
Accrued taxes TaxesPayableCurrent $1.04B USD Point-in-time
Debt due within one year LongTermDebtAndCapitalLeaseObligationsCurrent $1.06B USD Point-in-time
Debt due within one year LongTermDebtAndCapitalLeaseObligationsCurrent $571.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $355.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $438.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.40B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.05B USD Point-in-time
Total current liabilities LiabilitiesCurrent $17.90B USD Point-in-time
Total current liabilities LiabilitiesCurrent $21.31B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $25.64B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $24.97B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $5.64B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $5.61B USD Point-in-time
Defined benefit postretirement plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $1.30B USD Point-in-time
Defined benefit postretirement plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $1.01B USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $927.00M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $839.00M USD Point-in-time
Deferred credits and other liabilities DeferredCreditsAndOtherLiabilitiesNoncurrent $1.21B USD Point-in-time
Deferred credits and other liabilities DeferredCreditsAndOtherLiabilitiesNoncurrent $1.35B USD Point-in-time
Total liabilities Liabilities $55.92B USD Point-in-time
Total liabilities Liabilities $51.79B USD Point-in-time
Commitments and contingencies (see Note 24) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 24) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $967.00M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $965.00M 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 989 million and 984 million shares (par value $0.01 per share, 2 billion shares authorized) CommonStockValue $10.00M USD Point-in-time
Issued 989 million and 984 million shares (par value $0.01 per share, 2 billion shares authorized) CommonStockValue $10.00M USD Point-in-time
Held in treasury, at cost 520 million and 405 million shares TreasuryStockValue $30.07B USD Point-in-time
Held in treasury, at cost 520 million and 405 million shares TreasuryStockValue $19.90B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $33.36B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $33.26B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.90B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $23.18B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-67.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-179.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-344.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-512.00M USD Point-in-time
Total MPC stockholders equity StockholdersEquity $26.30B USD Point-in-time
Total MPC stockholders equity StockholdersEquity $26.21B USD Point-in-time
Noncontrolling interests MinorityInterest $6.50B USD Point-in-time
Noncontrolling interests MinorityInterest $6.41B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $28.51B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $34.98B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $32.70B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $32.62B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $35.73B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $32.81B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $30.33B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $29.25B USD Point-in-time
Total liabilities, redeemable noncontrolling interest and equity LiabilitiesAndStockholdersEquity $85.37B USD Point-in-time
Total liabilities, redeemable noncontrolling interest and equity LiabilitiesAndStockholdersEquity $89.69B USD Point-in-time
Income Statement 112 line items
Line Item Tag Value Unit Period
Sales and other operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $137.64B USD 3 Qtrs
Sales and other operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $32.32B USD 1 Quarter
Sales and other operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $45.79B USD 1 Quarter
Sales and other operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $84.65B USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $122.00M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $469.00M USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $306.00M USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $180.00M USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets1 $1.07B USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets1 $3.00M USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets1 $1.05B USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets1 - USD 1 Quarter
Other income OtherOperatingIncome $366.00M USD 3 Qtrs
Other income OtherOperatingIncome $170.00M USD 1 Quarter
Other income OtherOperatingIncome $219.00M USD 1 Quarter
Other income OtherOperatingIncome $678.00M USD 3 Qtrs
Total revenues and other income RevenuesAndOtherIncome $85.32B USD 3 Qtrs
Total revenues and other income RevenuesAndOtherIncome $32.61B USD 1 Quarter
Total revenues and other income RevenuesAndOtherIncome $47.24B USD 1 Quarter
Total revenues and other income RevenuesAndOtherIncome $139.86B USD 3 Qtrs
Cost of revenues (excludes items below) CostOfGoodsAndServicesSold $38.82B USD 1 Quarter
Cost of revenues (excludes items below) CostOfGoodsAndServicesSold $29.56B USD 1 Quarter
Cost of revenues (excludes items below) CostOfGoodsAndServicesSold $118.10B USD 3 Qtrs
Cost of revenues (excludes items below) CostOfGoodsAndServicesSold $77.82B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $2.42B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $2.55B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $794.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $836.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.01B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $681.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.88B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $712.00M USD 1 Quarter
Other taxes TaxesExcludingIncomeAndExciseTaxes $224.00M USD 1 Quarter
Other taxes TaxesExcludingIncomeAndExciseTaxes $544.00M USD 3 Qtrs
Other taxes TaxesExcludingIncomeAndExciseTaxes $606.00M USD 3 Qtrs
Other taxes TaxesExcludingIncomeAndExciseTaxes $193.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $123.13B USD 3 Qtrs
Total costs and expenses CostsAndExpenses $31.27B USD 1 Quarter
Total costs and expenses CostsAndExpenses $40.55B USD 1 Quarter
Total costs and expenses CostsAndExpenses $82.80B USD 3 Qtrs
Income from continuing operations OperatingIncomeLoss $16.73B USD 3 Qtrs
Income from continuing operations OperatingIncomeLoss $2.52B USD 3 Qtrs
Income from continuing operations OperatingIncomeLoss $1.34B USD 1 Quarter
Income from continuing operations OperatingIncomeLoss $6.69B USD 1 Quarter
Net interest and other financial costs InterestAndDebtExpense $814.00M USD 3 Qtrs
Net interest and other financial costs InterestAndDebtExpense $1.05B USD 3 Qtrs
Net interest and other financial costs InterestAndDebtExpense $240.00M USD 1 Quarter
Net interest and other financial costs InterestAndDebtExpense $328.00M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.01B USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $15.92B USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.47B USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $6.45B USD 1 Quarter
Provision (benefit) for income taxes on continuing operations IncomeTaxExpenseBenefit $-18.00M USD 1 Quarter
Provision (benefit) for income taxes on continuing operations IncomeTaxExpenseBenefit $21.00M USD 3 Qtrs
Provision (benefit) for income taxes on continuing operations IncomeTaxExpenseBenefit $3.51B USD 3 Qtrs
Provision (benefit) for income taxes on continuing operations IncomeTaxExpenseBenefit $1.43B USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $12.41B USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $5.02B USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $1.03B USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $1.45B USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $8.45B USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Net income ProfitLoss $5.02B USD 1 Quarter
Net income ProfitLoss $1.03B USD 1 Quarter
Net income ProfitLoss $12.41B USD 3 Qtrs
Net income ProfitLoss $9.90B USD 3 Qtrs
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $79.00M USD 3 Qtrs
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $65.00M USD 3 Qtrs
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $23.00M USD 1 Quarter
Redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $38.00M USD 1 Quarter
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $298.00M USD 1 Quarter
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $520.00M USD 1 Quarter
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $1.15B USD 3 Qtrs
Noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $853.00M USD 3 Qtrs
Net income attributable to MPC NetIncomeLoss $4.48B USD 1 Quarter
Net income attributable to MPC NetIncomeLoss $8.96B USD 3 Qtrs
Net income attributable to MPC NetIncomeLoss $11.20B USD 3 Qtrs
Net income attributable to MPC NetIncomeLoss $694.00M USD 1 Quarter
Continuing operations IncomeLossFromContinuingOperationsPerBasicShare $1.10 USD 1 Quarter
Continuing operations IncomeLossFromContinuingOperationsPerBasicShare $21.18 USD 3 Qtrs
Continuing operations IncomeLossFromContinuingOperationsPerBasicShare $9.12 USD 1 Quarter
Continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.80 USD 3 Qtrs
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $13.10 USD 3 Qtrs
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 3 Qtrs
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Net income per share EarningsPerShareBasic $21.18 USD 3 Qtrs
Net income per share EarningsPerShareBasic $13.90 USD 3 Qtrs
Net income per share EarningsPerShareBasic $1.10 USD 1 Quarter
Net income per share EarningsPerShareBasic $9.12 USD 1 Quarter
Weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 633.00M shares 1 Quarter
Weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 491.00M shares 1 Quarter
Weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 645.00M shares 3 Qtrs
Weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 528.00M shares 3 Qtrs
Continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $9.06 USD 1 Quarter
Continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $1.09 USD 1 Quarter
Continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $21.04 USD 3 Qtrs
Continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.79 USD 3 Qtrs
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 3 Qtrs
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $13.02 USD 3 Qtrs
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Net income per share EarningsPerShareDiluted $13.81 USD 3 Qtrs
Net income per share EarningsPerShareDiluted $9.06 USD 1 Quarter
Net income per share EarningsPerShareDiluted $21.04 USD 3 Qtrs
Net income per share EarningsPerShareDiluted $1.09 USD 1 Quarter
Weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 494.00M shares 1 Quarter
Weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 532.00M shares 3 Qtrs
Weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 637.00M shares 1 Quarter
Weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 649.00M shares 3 Qtrs
Cash Flow Statement 116 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $5.02B USD 1 Quarter
Net income ProfitLoss $1.03B USD 1 Quarter
Net income ProfitLoss $12.41B USD 3 Qtrs
Net income ProfitLoss $9.90B USD 3 Qtrs
Amortization of deferred financing costs and debt discount AmortizationOfFinancingCosts $45.00M USD 3 Qtrs
Amortization of deferred financing costs and debt discount AmortizationOfFinancingCosts $59.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $2.42B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $2.55B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $794.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $836.00M USD 1 Quarter
Pension and other postretirement benefits, net PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash $-535.00M USD 3 Qtrs
Pension and other postretirement benefits, net PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash $135.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-175.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $38.00M USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets1 $1.07B USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets1 $3.00M USD 3 Qtrs
Net gain on disposal of assets GainLossOnDispositionOfAssets1 $1.05B USD 1 Quarter
Net gain on disposal of assets GainLossOnDispositionOfAssets1 - USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $122.00M USD 1 Quarter
Income from equity method investments IncomeLossFromEquityMethodInvestments $469.00M USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $306.00M USD 3 Qtrs
Income from equity method investments IncomeLossFromEquityMethodInvestments $180.00M USD 1 Quarter
Distributions from equity method investments EquityMethodInvestmentDividendsOrDistributions $544.00M USD 3 Qtrs
Distributions from equity method investments EquityMethodInvestmentDividendsOrDistributions $466.00M USD 3 Qtrs
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 3 Qtrs
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $8.45B USD 3 Qtrs
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Changes in income tax receivable IncreaseDecreaseInIncomeTaxesReceivable $-535.00M USD 3 Qtrs
Changes in income tax receivable IncreaseDecreaseInIncomeTaxesReceivable $142.00M USD 3 Qtrs
Changes in the fair value of derivative instruments UnrealizedGainLossOnDerivativesAndCommodityContracts $11.00M USD 3 Qtrs
Changes in the fair value of derivative instruments UnrealizedGainLossOnDerivativesAndCommodityContracts $148.00M USD 3 Qtrs
Current receivables IncreaseDecreaseInAccountsReceivable $3.77B USD 3 Qtrs
Current receivables IncreaseDecreaseInAccountsReceivable $2.37B USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $1.79B USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $1.21B USD 3 Qtrs
Current accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $3.04B USD 3 Qtrs
Current accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $4.67B USD 3 Qtrs
Right of use assets and operating lease liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-5.00M USD 3 Qtrs
Right of use assets and operating lease liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-1.00M USD 3 Qtrs
All other, net OtherOperatingActivitiesCashFlowStatement $-615.00M USD 3 Qtrs
All other, net OtherOperatingActivitiesCashFlowStatement $-187.00M USD 3 Qtrs
Cash provided by operating activities - continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $3.55B USD 3 Qtrs
Cash provided by operating activities - continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $12.02B USD 3 Qtrs
Cash used in operating activities - discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $-2.86B USD 3 Qtrs
Cash used in operating activities - discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $-44.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $11.98B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $686.00M USD 3 Qtrs
Additions to property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $983.00M USD 3 Qtrs
Additions to property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.69B USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $74.00M USD 3 Qtrs
Disposal of assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets $79.00M USD 3 Qtrs
Disposal of assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets $98.00M USD 3 Qtrs
Investments acquisitions and contributions PaymentsToAcquireInterestInJointVenture $215.00M USD 3 Qtrs
Investments acquisitions and contributions PaymentsToAcquireInterestInJointVenture $150.00M USD 3 Qtrs
Investments - redemptions, repayments and return of capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $511.00M USD 3 Qtrs
Investments - redemptions, repayments and return of capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $39.00M USD 3 Qtrs
Purchases of short-term investments PaymentsToAcquireAvailableForSaleSecuritiesDebt $9.46B USD 3 Qtrs
Purchases of short-term investments PaymentsToAcquireAvailableForSaleSecuritiesDebt $3.73B USD 3 Qtrs
Sales of short-term investments ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $455.00M USD 3 Qtrs
Sales of short-term investments ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $1.14B USD 3 Qtrs
Maturities of short-term investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $4.40B USD 3 Qtrs
Maturities of short-term investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $1.65B USD 3 Qtrs
All other, net PaymentsForProceedsFromOtherInvestingActivities $-713.00M USD 3 Qtrs
All other, net PaymentsForProceedsFromOtherInvestingActivities $-381.00M USD 3 Qtrs
Cash provided by (used in) investing activities - continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $1.12B USD 3 Qtrs
Cash provided by (used in) investing activities - continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-7.96B USD 3 Qtrs
Cash provided by investing activities - discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $21.31B USD 3 Qtrs
Cash provided by investing activities - discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $13.35B USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $1.12B USD 3 Qtrs
Commercial paper issued ProceedsFromIssuanceOfCommercialPaper $7.41B USD 3 Qtrs
Commercial paper issued ProceedsFromIssuanceOfCommercialPaper - USD 3 Qtrs
Commercial paper - repayments RepaymentsOfCommercialPaper - USD 3 Qtrs
Commercial paper - repayments RepaymentsOfCommercialPaper $8.44B USD 3 Qtrs
Long-term debt borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $3.38B USD 3 Qtrs
Long-term debt borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $10.97B USD 3 Qtrs
Long-term debt repayments RepaymentsOfLongTermDebtAndCapitalSecurities $14.27B USD 3 Qtrs
Long-term debt repayments RepaymentsOfLongTermDebtAndCapitalSecurities $2.26B USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $39.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $71.00M USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $184.00M USD 3 Qtrs
Common stock repurchased PaymentsForRepurchaseOfCommonStock $3.91B USD 1 Quarter
Common stock repurchased PaymentsForRepurchaseOfCommonStock $1.91B USD 3 Qtrs
Common stock repurchased PaymentsForRepurchaseOfCommonStock $10.09B USD 3 Qtrs
Common stock repurchased PaymentsForRepurchaseOfCommonStock $928.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $928.00M USD 3 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $1.13B USD 3 Qtrs
Distributions to noncontrolling interests PaymentsToMinorityShareholders $908.00M USD 3 Qtrs
Distributions to noncontrolling interests PaymentsToMinorityShareholders $923.00M USD 3 Qtrs
Repurchases of noncontrolling interests PaymentsForRepurchaseOfOtherEquity $465.00M USD 3 Qtrs
Repurchases of noncontrolling interests PaymentsForRepurchaseOfOtherEquity $315.00M USD 3 Qtrs
All other, net ProceedsFromPaymentsForOtherFinancingActivities $-41.00M USD 3 Qtrs
All other, net ProceedsFromPaymentsForOtherFinancingActivities $-35.00M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-11.01B USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-8.72B USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $2.09B USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $5.32B USD 3 Qtrs
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $416.00M USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.38B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.88B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.29B USD Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, discontinued operations, beginning balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations - USD Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, discontinued operations, beginning balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations - USD Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, discontinued operations, beginning balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations - USD Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, discontinued operations, beginning balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations $140.00M USD Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, discontinued operations, ending balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations - USD Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, discontinued operations, ending balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations - USD Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, discontinued operations, ending balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations - USD Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, discontinued operations, ending balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations $140.00M USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $416.00M USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.38B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.88B USD Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.29B USD Point-in-time
Stockholders Equity 59 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $28.51B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $34.98B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $32.70B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $32.62B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $35.73B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $32.81B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $30.33B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $29.25B USD Point-in-time
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $1.15B USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $5.00B USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $6.20B USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $992.00M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $8.78B USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $44.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $285.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $330.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $381.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $310.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $370.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $379.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $290.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $267.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $300.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $272.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $288.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $290.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $9.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $168.00M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $171.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-114.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-7.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $1.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-4.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-112.00M USD 3 Qtrs
Shares repurchased TreasuryStockValueAcquiredCostMethod $2.81B USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $984.00M USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $4.07B USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $978.00M USD 1 Quarter
Shares repurchased TreasuryStockValueAcquiredCostMethod $3.29B USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $33.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $47.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $89.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $69.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $17.00M USD 1 Quarter
Net shares issued - stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $32.00M USD 1 Quarter
Equity transactions of MPLX ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet $-88.00M USD 1 Quarter
Equity transactions of MPLX ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet $-42.00M USD 1 Quarter
Equity transactions of MPLX ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet $-130.00M USD 1 Quarter
Equity transactions of MPLX ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet $-148.00M USD 1 Quarter
Equity transactions of MPLX ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet $-124.00M USD 1 Quarter
Equity transactions of MPLX ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet $-173.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $28.51B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $34.98B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $32.70B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $32.62B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $35.73B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $32.81B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $30.33B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $29.25B USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $5.02B USD 1 Quarter
Net income ProfitLoss $1.03B USD 1 Quarter
Net income ProfitLoss $12.41B USD 3 Qtrs
Net income ProfitLoss $9.90B USD 3 Qtrs
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $9.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $168.00M USD 3 Qtrs
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $171.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-114.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-7.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $1.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-4.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-112.00M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $10.06B USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.03B USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $12.30B USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.91B USD 1 Quarter
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $38.00M USD 1 Quarter
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $23.00M USD 1 Quarter
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $65.00M USD 3 Qtrs
Redeemable noncontrolling interest ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $79.00M USD 3 Qtrs
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $1.15B USD 3 Qtrs
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $853.00M USD 3 Qtrs
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $298.00M USD 1 Quarter
Noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest $520.00M USD 1 Quarter
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $690.00M USD 1 Quarter
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $9.13B USD 3 Qtrs
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $11.08B USD 3 Qtrs
Comprehensive income attributable to MPC ComprehensiveIncomeNetOfTax $4.36B USD 1 Quarter

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

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