Marathon petroleum corporation (MPC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues and other income:
Sales and other operating revenues

25,215

31,106

31,043

33,547

28,253

32,505

22,988

22,317

18,694

21,513

19,053

18,033

16,134

17,097

16,616

16,809

12,755

15,601

18,716

20,537

17,191

22,250

25,438

26,844

23,285

24,897

26,256

25,677

23,330

20,692

21,047

20,240

20,264

19,418

20,614

20,732

17,819

15,870

15,762

Revenue from Related Parties

-

-

-

-

-

-

-

-

172

-

157

147

154

-

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

3

1

2

2

28

23

27

33

Income (Loss) from Equity Method Investments

-1,210

64

124

107

99

111

96

80

86

82

84

83

57

51

-208

-50

22

30

23

20

15

32

29

57

35

20

9

7

0

8

7

9

2

9

15

17

9

18

18

Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property

4

85

4

4

214

17

1

3

2

-2

0

7

5

6

1

0

25

1

2

-1

5

7

2

11

1

3

1

1

1

-1

175

1

2

2

5

4

1

5

2

Other income

71

67

31

30

35

80

47

45

30

101

92

84

43

72

49

29

28

41

17

25

29

54

12

21

24

12

8

18

14

18

18

4

6

10

17

13

19

8

10

Total revenues and other income

24,080

31,322

31,202

33,688

28,601

32,541

23,132

22,445

18,984

21,236

19,386

18,354

16,393

17,284

16,460

16,790

12,830

15,679

18,758

20,581

17,240

22,343

25,481

26,933

23,345

24,932

26,274

25,703

23,345

20,711

21,249

20,257

20,275

19,441

20,653

20,794

17,871

15,928

15,825

Costs and expenses:
Cost of revenues (excludes items below)

22,821

27,301

27,300

29,682

25,960

28,435

20,606

19,655

17,370

19,425

16,617

16,101

14,946

21,201

12,944

12,830

9,701

12,008

14,165

16,366

13,044

18,199

21,935

23,096

20,540

21,494

23,553

22,320

20,034

17,345

17,202

16,800

17,321

17,688

16,896

16,654

14,557

12,903

12,792

Purchases from related parties

-

-

-

-

-

-

-

-

141

-

148

150

122

150

128

124

107

89

61

82

76

104

112

130

159

103

103

79

72

76

84

57

63

70

80

981

785

712

529

Inventory market valuation adjustment

3,220

-

-

-

0

-

-

-

-

-

-

-

-

0

0

-385

15

370

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consumer excise taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,914

1,893

1,826

1,933

1,988

1,939

1,832

1,949

1,622

1,599

1,515

1,578

1,631

1,596

1,458

1,438

1,463

1,428

1,380

1,307

1,329

1,269

1,209

1,351

1,308

Impairment expense

7,822

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

129

-

144

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

962

978

855

886

919

874

555

533

528

540

517

521

536

504

507

500

490

413

364

362

363

359

322

325

320

332

299

302

287

283

246

236

230

230

227

218

216

234

269

Selling, general and administrative expenses

821

804

833

904

867

1,147

445

424

402

408

411

485

390

398

420

401

378

433

392

393

358

371

342

316

346

336

305

358

249

314

293

365

251

255

299

288

217

226

228

Other taxes

251

201

190

174

186

209

123

122

103

115

116

115

108

103

112

111

109

95

95

104

97

102

86

98

104

81

82

88

89

66

66

64

74

49

63

59

68

59

63

Total costs and expenses

35,897

30,481

29,178

31,646

27,932

30,524

21,729

20,734

18,544

20,068

17,809

17,372

16,102

16,723

16,025

15,475

12,755

15,341

17,209

19,246

15,770

21,084

24,419

25,564

22,984

23,924

25,973

24,743

22,189

19,522

19,354

18,950

19,319

19,599

18,894

19,469

17,052

15,485

15,189

Operating Income (Loss)

-11,817

841

2,024

2,042

669

2,017

1,403

1,711

440

1,168

1,577

982

291

561

435

1,315

75

338

1,549

1,335

1,470

1,259

1,062

1,369

361

1,008

301

960

1,156

1,189

1,895

1,307

956

-158

1,759

1,325

819

443

636

Interest and Debt Expense

338

302

317

322

306

385

240

195

183

209

158

158

149

144

141

137

142

103

70

64

81

72

50

48

46

319

-47

-45

-48

95

-25

17

22

-22

-15

-10

-14

-6

1

Related party net interest and other financial income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

18

17

2

3

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-12,155

539

1,707

1,720

363

1,632

1,163

1,516

257

959

1,419

824

142

417

294

1,178

-67

235

1,479

1,271

1,389

1,187

1,012

1,321

315

969

254

915

1,108

1,144

1,870

1,290

934

-180

1,744

1,333

822

439

640

Provision (benefit) for income taxes

-1,937

277

340

353

104

437

222

281

22

-1,166

415

250

41

128

75

395

11

67

521

432

486

382

333

457

108

338

81

316

378

385

646

476

338

-105

611

531

293

162

235

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-10,218

262

1,367

1,367

259

1,195

941

1,235

235

2,125

1,004

574

101

289

219

783

-78

168

958

839

903

805

679

864

207

631

173

599

730

759

1,224

814

596

-

-

-

-

-

-

Less net income (loss) attributable to:
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest

20

20

20

21

20

20

19

20

16

16

16

17

16

16

16

9

0

-12

0

0

12

-24

7

9

8

5

5

6

5

4

0

0

0

-

-

-

-

-

-

Noncontrolling interests

-1,004

-201

252

240

246

224

185

160

182

93

85

74

55

46

58

-27

-79

-

10

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-9,234

443

1,095

1,106

-7

951

737

1,055

37

2,016

903

483

30

227

145

801

1

187

948

826

891

798

672

855

199

626

168

593

725

755

1,224

814

596

-75

1,133

802

529

277

405

Earnings Per Share, Basic [Abstract]
Earnings Per Share, Basic

-14.25

0.67

1.67

1.67

-0.01

1.35

1.63

2.30

0.08

3.97

1.79

0.94

0.06

0.42

0.28

1.51

0.00

0.37

1.77

1.52

1.63

1.06

1.19

1.49

0.68

-1.23

0.54

1.84

2.19

2.24

3.61

2.39

1.71

-0.22

3.18

2.25

1.49

0.78

1.14

Weighted Average Number of Shares Outstanding, Basic

648

645

656

662

673

686

451

459

476

486

504

513

525

528

527

528

529

531

535

541

545

848

565

574

293

1,558

309

322

331

334

338

340

348

356

356

356

356

-

-

Earnings Per Share, Diluted [Abstract]
Earnings Per Share, Diluted

-14.25

0.66

1.66

1.66

-0.01

1.31

1.62

2.27

0.08

3.94

1.77

0.93

0.06

0.42

0.27

1.51

0.00

0.37

1.76

1.51

1.62

1.06

1.18

1.48

0.67

-1.22

0.54

1.83

2.17

2.22

3.59

2.38

1.70

-0.21

3.16

2.24

1.48

0.77

1.13

Weighted Average Number of Shares Outstanding, Diluted

648

657

660

666

673

704

456

464

480

493

508

517

530

528

530

531

531

537

538

544

549

854

569

578

295

1,568

311

324

333

337

340

341

350

355

357

358

358

-

-

Dividends paid (in USD per share)

-

-

-

-

-

-

-

-

-

-

-

0.36

0.36

-

0.36

0.32

0.32

0.32

0.32

0.25

0.25

0.04

0.25

0.21

0.42

-0.35

0.42

0.35

0.35

0.35

0.35

0.25

0.25

-

0.20

-

-

-

-