Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions |
3 Months Ended |
Mar. 31, 2018 |
Mar. 31, 2017 |
| Revenues and other income: |
|
|
|
| Sales and other operating revenues |
[1] |
$ 18,694
|
$ 16,134
|
| Sales to related parties |
|
172
|
154
|
| Income from equity method investments |
|
86
|
57
|
| Net gain on disposal of assets |
|
2
|
5
|
| Other income |
|
30
|
43
|
| Total revenues and other income |
|
18,984
|
16,393
|
| Costs and expenses: |
|
|
|
| Cost of revenues (excludes items below) |
[1] |
17,370
|
14,946
|
| Purchases from related parties |
|
141
|
122
|
| Depreciation and amortization |
|
528
|
536
|
| Selling, general and administrative expenses |
|
402
|
390
|
| Other taxes |
|
103
|
108
|
| Total costs and expenses |
|
18,544
|
16,102
|
| Income from operations |
|
440
|
291
|
| Net interest and other financial costs |
|
183
|
149
|
| Income before income taxes |
|
257
|
142
|
| Provision for income taxes |
|
22
|
41
|
| Net income |
|
235
|
101
|
| Less net income attributable to: |
|
|
|
| Redeemable noncontrolling interest |
|
16
|
16
|
| Noncontrolling interests |
|
182
|
55
|
| Net income attributable to MPC |
|
$ 37
|
$ 30
|
| Basic: |
|
|
|
| Net income attributable to MPC per share |
|
$ 0.08
|
$ 0.06
|
| Weighted average shares outstanding (in shares) |
|
476
|
525
|
| Diluted: |
|
|
|
| Net income attributable to MPC per share |
|
$ 0.08
|
$ 0.06
|
| Weighted average shares outstanding (in shares) |
|
480
|
530
|
| Dividends paid (in USD per share) |
|
$ 0.46
|
$ 0.36
|
|
|