10-Q Filing

MARATHON PETROLEUM CORP CIK: 1510295 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001510295-23-000069`
Period End Date	20230630
Filing Date	20230801
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	mpc-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 88 Cash Flow Statement 98 Stockholders Equity 42 Comprehensive Income 26

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$29.00M	USD	Point-in-time
Accounts receivable, allowance for credit loss, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$54.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.34B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.62B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$3.15B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$4.11B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Receivables, less allowance for doubtful accounts of $54 and $29, respectively	`AccountsReceivableNetCurrent`	$10.27B	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Receivables, less allowance for doubtful accounts of $54 and $29, respectively	`AccountsReceivableNetCurrent`	$13.48B	USD	Point-in-time
Preferred stock, par or stated value per share	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Inventories	`InventoryNet`	$8.83B	USD	Point-in-time
Inventories	`InventoryNet`	$9.54B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$949.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.17B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$35.24B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.21B	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$6.47B	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$6.67B	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	992.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	990.00M	shares	Point-in-time
Common stock, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$35.66B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$35.06B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Goodwill	`Goodwill`	$8.24B	USD	Point-in-time
Goodwill	`Goodwill`	$8.24B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.29B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	536.00M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	587.00M	shares	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.21B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$2.97B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$3.08B	USD	Point-in-time
Total assets	`Assets`	$89.90B	USD	Point-in-time
Total assets	`Assets`	$86.44B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.05B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.31B	USD	Point-in-time
Payroll and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$712.00M	USD	Point-in-time
Payroll and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$967.00M	USD	Point-in-time
Accrued taxes	`TaxesPayableCurrent`	$1.16B	USD	Point-in-time
Accrued taxes	`TaxesPayableCurrent`	$1.14B	USD	Point-in-time
Debt due within one year	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.07B	USD	Point-in-time
Debt due within one year	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$72.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$368.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$423.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.17B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.05B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.02B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.47B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$27.21B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$25.63B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$5.91B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$5.90B	USD	Point-in-time
Defined benefit postretirement plan obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.18B	USD	Point-in-time
Defined benefit postretirement plan obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.11B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$859.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$841.00M	USD	Point-in-time
Deferred credits and other liabilities	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$1.24B	USD	Point-in-time
Deferred credits and other liabilities	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$1.30B	USD	Point-in-time
Total liabilities	`Liabilities`	$53.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$54.82B	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`	$968.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$968.00M	USD	Point-in-time
Preferred stock, no shares issued and outstanding (par value $0.00 per share, 30 million shares authorized)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no shares issued and outstanding (par value $0.00 per share, 30 million shares authorized)	`PreferredStockValue`	-	USD	Point-in-time
Issued 992 million and 990 million shares (par value $0.01 per share, 2 billion shares authorized)	`CommonStockValue`	$10.00M	USD	Point-in-time
Issued 992 million and 990 million shares (par value $0.01 per share, 2 billion shares authorized)	`CommonStockValue`	$10.00M	USD	Point-in-time
Held in treasury, at cost 587 million and 536 million shares	`TreasuryStockValue`	$38.12B	USD	Point-in-time
Held in treasury, at cost 587 million and 536 million shares	`TreasuryStockValue`	$31.84B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.40B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.41B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$26.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$30.44B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-30.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-65.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-67.00M	USD	Point-in-time
Total MPC stockholders equity	`StockholdersEquity`	$27.71B	USD	Point-in-time
Total MPC stockholders equity	`StockholdersEquity`	$25.71B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.40B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$5.89B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$34.12B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$30.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$32.62B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$32.70B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$31.60B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$32.70B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$89.90B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$86.44B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Sales and other operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$91.85B	USD	2 Qtrs
Sales and other operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$71.21B	USD	2 Qtrs
Sales and other operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$53.80B	USD	1 Quarter
Sales and other operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.34B	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$289.00M	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$332.00M	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$147.00M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$199.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$13.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$39.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$21.00M	USD	2 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$16.00M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$257.00M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$346.00M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$459.00M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$269.00M	USD	1 Quarter
Total revenues and other income	`RevenuesAndOtherIncome`	$54.24B	USD	1 Quarter
Total revenues and other income	`RevenuesAndOtherIncome`	$92.62B	USD	2 Qtrs
Total revenues and other income	`RevenuesAndOtherIncome`	$71.90B	USD	2 Qtrs
Total revenues and other income	`RevenuesAndOtherIncome`	$36.82B	USD	1 Quarter
Cost of revenues (excludes items below)	`CostOfGoodsAndServicesSold`	$79.28B	USD	2 Qtrs
Cost of revenues (excludes items below)	`CostOfGoodsAndServicesSold`	$61.06B	USD	2 Qtrs
Cost of revenues (excludes items below)	`CostOfGoodsAndServicesSold`	$31.76B	USD	1 Quarter
Cost of revenues (excludes items below)	`CostOfGoodsAndServicesSold`	$44.21B	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$819.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$834.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.62B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.63B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$694.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$704.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.30B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.40B	USD	2 Qtrs
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$450.00M	USD	2 Qtrs
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$190.00M	USD	1 Quarter
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$219.00M	USD	1 Quarter
Other taxes	`TaxesExcludingIncomeAndExciseTaxes`	$382.00M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$64.53B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$82.58B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$33.52B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$45.91B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.31B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$7.37B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$10.04B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$8.33B	USD	1 Quarter
Net interest and other financial costs	`InterestAndDebtExpense`	$296.00M	USD	2 Qtrs
Net interest and other financial costs	`InterestAndDebtExpense`	$142.00M	USD	1 Quarter
Net interest and other financial costs	`InterestAndDebtExpense`	$574.00M	USD	2 Qtrs
Net interest and other financial costs	`InterestAndDebtExpense`	$312.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.47B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.02B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.07B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.16B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.08B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.41B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.80B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$583.00M	USD	1 Quarter
Net income	`ProfitLoss`	$2.58B	USD	1 Quarter
Net income	`ProfitLoss`	$6.22B	USD	1 Quarter
Net income	`ProfitLoss`	$5.66B	USD	2 Qtrs
Net income	`ProfitLoss`	$7.39B	USD	2 Qtrs
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$46.00M	USD	2 Qtrs
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$21.00M	USD	1 Quarter
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$42.00M	USD	2 Qtrs
Redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$23.00M	USD	1 Quarter
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$323.00M	USD	1 Quarter
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$331.00M	USD	1 Quarter
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$629.00M	USD	2 Qtrs
Noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$668.00M	USD	2 Qtrs
Net income attributable to MPC	`NetIncomeLoss`	$2.23B	USD	1 Quarter
Net income attributable to MPC	`NetIncomeLoss`	$6.72B	USD	2 Qtrs
Net income attributable to MPC	`NetIncomeLoss`	$4.95B	USD	2 Qtrs
Net income attributable to MPC	`NetIncomeLoss`	$5.87B	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareBasic`	$11.03	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareBasic`	$5.34	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareBasic`	$12.24	USD	2 Qtrs
Net income attributable to MPC per share	`EarningsPerShareBasic`	$11.49	USD	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	532.00M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	430.00M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	417.00M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	549.00M	shares	2 Qtrs
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$5.32	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$10.95	USD	1 Quarter
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$11.44	USD	2 Qtrs
Net income attributable to MPC per share	`EarningsPerShareDiluted`	$12.15	USD	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	419.00M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	553.00M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	432.00M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	536.00M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.58B	USD	1 Quarter
Net income	`ProfitLoss`	$6.22B	USD	1 Quarter
Net income	`ProfitLoss`	$5.66B	USD	2 Qtrs
Net income	`ProfitLoss`	$7.39B	USD	2 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$-27.00M	USD	2 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$33.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$819.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$834.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.62B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.63B	USD	2 Qtrs
Pension and other postretirement benefits, net	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$25.00M	USD	2 Qtrs
Pension and other postretirement benefits, net	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$117.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-92.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$22.00M	USD	2 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$13.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$39.00M	USD	1 Quarter
Net gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$21.00M	USD	2 Qtrs
Net gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$16.00M	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$289.00M	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$332.00M	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$147.00M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$199.00M	USD	1 Quarter
Distributions from equity method investments	`EquityMethodInvestmentDividendsOrDistributions`	$429.00M	USD	2 Qtrs
Distributions from equity method investments	`EquityMethodInvestmentDividendsOrDistributions`	$336.00M	USD	2 Qtrs
Changes in income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-46.00M	USD	2 Qtrs
Changes in income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-11.00M	USD	2 Qtrs
Changes in the fair value of derivative instruments	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$169.00M	USD	2 Qtrs
Changes in the fair value of derivative instruments	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-88.00M	USD	2 Qtrs
Current receivables	`IncreaseDecreaseInAccountsReceivable`	$-3.24B	USD	2 Qtrs
Current receivables	`IncreaseDecreaseInAccountsReceivable`	$6.28B	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$708.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.98B	USD	2 Qtrs
Current accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.86B	USD	2 Qtrs
Current accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.11B	USD	2 Qtrs
Right of use assets and operating lease liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.00M	USD	2 Qtrs
Right of use assets and operating lease liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.00M	USD	2 Qtrs
All other, net	`OtherOperatingActivitiesCashFlowStatement`	$-277.00M	USD	2 Qtrs
All other, net	`OtherOperatingActivitiesCashFlowStatement`	$-160.00M	USD	2 Qtrs
Cash provided by operating activities - continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$9.51B	USD	2 Qtrs
Cash provided by operating activities - continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$8.04B	USD	2 Qtrs
Cash used in operating activities - discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	-	USD	2 Qtrs
Cash used in operating activities - discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-44.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.04B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.46B	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$993.00M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$938.00M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$74.00M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Disposal of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$72.00M	USD	2 Qtrs
Disposal of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$24.00M	USD	2 Qtrs
Investments acquisitions and contributions	`PaymentsToAcquireInterestInJointVenture`	$160.00M	USD	2 Qtrs
Investments acquisitions and contributions	`PaymentsToAcquireInterestInJointVenture`	$296.00M	USD	2 Qtrs
Investments - redemptions, repayments and return of capital	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	2 Qtrs
Investments - redemptions, repayments and return of capital	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.58B	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$4.72B	USD	2 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.58B	USD	2 Qtrs
Sales of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.07B	USD	2 Qtrs
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$2.81B	USD	2 Qtrs
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$2.23B	USD	2 Qtrs
All other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-423.00M	USD	2 Qtrs
All other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-470.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$620.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.70B	USD	2 Qtrs
Long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$2.38B	USD	2 Qtrs
Long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$1.59B	USD	2 Qtrs
Long-term debt repayments	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.04B	USD	2 Qtrs
Long-term debt repayments	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.24B	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$15.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$16.00M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$167.00M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$27.00M	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$3.07B	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$6.25B	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$3.33B	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$6.18B	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$653.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$643.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$599.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$635.00M	USD	2 Qtrs
Repurchases of noncontrolling interests	`PaymentsForRepurchaseOfOtherEquity`	$135.00M	USD	2 Qtrs
Repurchases of noncontrolling interests	`PaymentsForRepurchaseOfOtherEquity`	-	USD	2 Qtrs
Redemption of noncontrolling interests - preferred units	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$600.00M	USD	2 Qtrs
Redemption of noncontrolling interests - preferred units	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
All other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-49.00M	USD	2 Qtrs
All other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-41.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.30B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.63B	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.28B	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$3.79B	USD	2 Qtrs
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.08B	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, beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.63B	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.35B	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.08B	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.29B	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.63B	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.35B	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$34.12B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$30.33B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$32.62B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$32.70B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$31.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$32.70B	USD	Point-in-time
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$3.06B	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$1.15B	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$2.56B	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$6.20B	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$310.00M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$312.00M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$330.00M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$336.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$267.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$306.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$290.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$283.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-11.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-32.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-21.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	2 Qtrs
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$3.24B	USD	1 Quarter
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$2.81B	USD	1 Quarter
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$3.29B	USD	1 Quarter
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$3.04B	USD	1 Quarter
Net shares issued - stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$69.00M	USD	1 Quarter
Net shares issued - stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00M	USD	1 Quarter
Net shares issued - stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	1 Quarter
Net shares issued - stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$89.00M	USD	1 Quarter
Equity transactions of MPLX	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet`	-	USD	1 Quarter
Equity transactions of MPLX	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet`	$-42.00M	USD	1 Quarter
Equity transactions of MPLX	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet`	$-88.00M	USD	1 Quarter
Equity transactions of MPLX	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet`	$-597.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$34.12B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$30.33B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$32.62B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$32.70B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$31.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$32.70B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.58B	USD	1 Quarter
Net income	`ProfitLoss`	$6.22B	USD	1 Quarter
Net income	`ProfitLoss`	$5.66B	USD	2 Qtrs
Net income	`ProfitLoss`	$7.39B	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-11.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-32.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-21.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.63B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.39B	USD	2 Qtrs
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$23.00M	USD	1 Quarter
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$46.00M	USD	2 Qtrs
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$21.00M	USD	1 Quarter
Redeemable noncontrolling interest	`ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest`	$42.00M	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$629.00M	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$668.00M	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$331.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterest`	$323.00M	USD	1 Quarter
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$2.21B	USD	1 Quarter
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$6.72B	USD	2 Qtrs
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$5.88B	USD	1 Quarter
Comprehensive income attributable to MPC	`ComprehensiveIncomeNetOfTax`	$4.92B	USD	2 Qtrs

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