| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|
Revenues (a) | |||||||||
34,975 | 24,582 | 28,711 | 40,633 | 37,601 | 29,809 | 27,182 | 20,583 | 16,872 | 28,416 |
Costs and Expenses | |||||||||
Cost of materials and other (excluding items shown separately below) (a) | |||||||||
28,480 | 19,658 | 21,928 | 35,603 | 34,085 | 26,045 | 24,022 | 18,251 | 14,739 | 25,546 |
Lower of cost or market inventory valuation adjustment | |||||||||
0 | -359 | 317 | 42 | 0 | - | - | - | - | - |
Operating expenses (excluding depreciation and amortization) | |||||||||
3,182 | 2,541 | 2,455 | 2,444 | 1,911 | 1,405 | 1,349 | 1,474 | 1,469 | 1,631 |
Depreciation and amortization expenses | |||||||||
1,021 | 851 | 756 | 562 | 489 | 418 | 391 | 422 | 426 | 401 |
General and administrative expenses | |||||||||
742 | 401 | 386 | 346 | 337 | 297 | 227 | 242 | 221 | 325 |
(Gain) loss on asset disposals and impairments | |||||||||
-25 | -9 | -42 | -4 | -24 | -23 | -66 | -54 | 74 | 42 |
Operating Income | |||||||||
1,525 | 1,481 | 2,827 | 1,632 | 755 | 1,621 | 1,127 | 140 | -57 | 471 |
Interest and financing costs, net | |||||||||
439 | 274 | 217 | 235 | 149 | 165 | 179 | 155 | 130 | 111 |
Interest income | |||||||||
- | - | - | - | - | - | 2 | 3 | 4 | 7 |
Equity in earnings of equity method investments | |||||||||
23 | 13 | 7 | 10 | 11 | 0 | 0 | - | - | - |
Other income, net | |||||||||
6 | 57 | 13 | 57 | 63 | -26 | 2 | -13 | 0 | 50 |
Earnings Before Income Taxes | |||||||||
1,115 | 1,277 | 2,630 | 1,464 | 680 | 1,430 | 952 | -25 | -188 | 429 |
Foreign currency exchange loss | |||||||||
- | - | - | - | - | - | - | - | -5 | 12 |
Income tax expense | |||||||||
-560 | 427 | 936 | 547 | 246 | 527 | 359 | 4 | -48 | 151 |
Net Earnings from Continuing Operations | |||||||||
1,675 | 850 | 1,694 | 917 | 434 | 903 | 593 | - | - | - |
Earnings from discontinued operations, net of tax | |||||||||
8 | 10 | -4 | -29 | 20 | -133 | -30 | - | - | - |
Net Earnings | |||||||||
1,683 | 860 | 1,690 | 888 | 454 | 770 | 563 | -29 | -140 | - |
Less: Net earnings from continuing operations attributable to noncontrolling interest | |||||||||
155 | 126 | 150 | 45 | 42 | 27 | 17 | 0 | 0 | - |
Net Earnings Attributable to Andeavor | |||||||||
1,528 | 734 | 1,540 | 843 | 412 | 743 | 546 | -29 | -140 | 278 |
Net Earnings Attributable to Andeavor | |||||||||
Continuing operations | |||||||||
1,520 | 724 | 1,544 | 872 | 392 | 876 | 576 | - | - | - |
Discontinued operations | |||||||||
- | - | - | -29 | 20 | -133 | -30 | - | - | - |
Discontinued operations | |||||||||
8 | 10 | -4 | - | - | - | - | - | - | - |
Net Earnings Attributable to Andeavor | |||||||||
1,528 | 734 | 1,540 | 843 | 412 | 743 | 546 | -29 | -140 | 278 |
Net Earnings per Share - Basic | |||||||||
Continuing operations | |||||||||
10.85 | 6.11 | 12.53 | 6.79 | 2.90 | 6.28 | 4.07 | - | - | - |
Discontinued operations | |||||||||
0.06 | 0.08 | -0.03 | -0.23 | 0.15 | -0.95 | -0.21 | - | - | - |
Total | |||||||||
10.91 | 6.19 | 12.50 | 6.56 | 3.05 | 5.33 | 3.86 | -0.21 | -1.01 | 2.03 |
Weighted average common shares outstanding - Basic | |||||||||
140 | 118 | 123 | 128 | 135 | 139 | 141 | 140 | 138 | 136 |
Net Earnings per Share - Diluted | |||||||||
Continuing operations | |||||||||
10.75 | 6.04 | 12.39 | 6.67 | 2.85 | 6.20 | 4.02 | - | - | - |
Discontinued operations | |||||||||
- | - | - | -0.23 | 0.15 | -0.95 | -0.21 | - | - | - |
Discontinued operations | |||||||||
0.06 | 0.08 | -0.03 | - | - | - | - | - | - | - |
Total | |||||||||
10.81 | 6.12 | 12.36 | 6.44 | 3.00 | 5.25 | 3.81 | -0.21 | -1.01 | 2.00 |
Weighted average common shares outstanding - Diluted | |||||||||
141 | 119 | 124 | 130 | 137 | 141 | 143 | 140 | 138 | 139 |
Dividends per Share | |||||||||
2.28 | 2.10 | 1.85 | 1.10 | 0.90 | 0.27 | 0.00 | 0.00 | 0.35 | 0.40 |
Supplemental Information | |||||||||
Includes excise taxes collected by our Marketing segment | |||||||||
771 | 577 | 561 | 581 | 567 | 467 | 352 | 330 | 283 | 278 |