Marathon oil corporation (MRO)
Balance Sheet / Yearly
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'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
Assets
Current assets:
Cash and cash equivalents

817

-

1,165

961

1,019

1,462

1,564

1,667

1,613

563

1,795

2,614

2,490

2,488

1,953

2,584

2,072

1,221

1,680

1,572

1,126

2,398

761

1,169

1,964

264

354

246

768

684

671

452

513

493

4,633

4,711

5,716

3,951

1,643

2,062

2,718

2,057

1,370

1,496

1,285

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations

817

858

-

1,296

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

700

925

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables, less reserve of $30 and $11

703

1,122

1,148

1,144

1,086

1,079

1,335

1,176

1,100

1,082

945

767

751

748

783

822

779

912

991

1,195

1,341

1,729

2,048

2,042

2,222

2,134

2,562

2,443

2,466

2,418

2,553

2,047

2,198

1,917

1,696

1,790

6,498

5,972

5,363

4,974

4,860

4,677

4,288

3,857

3,094

Notes receivable

-

-

-

-

-

0

0

0

0

748

745

742

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables from United States Steel, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

-

24

24

23

Receivables from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

17

35

35

25

53

59

58

53

54

70

60

56

48

33

Inventory, Net

78

72

71

72

83

96

110

117

110

126

132

140

145

136

221

272

306

313

324

336

379

357

379

404

405

364

360

368

368

361

324

335

296

361

342

343

3,088

3,453

3,969

3,586

3,848

3,622

3,680

3,498

3,507

Prepayments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111

101

83

-

-

-

-

92

-

-

-

-

-

-

-

Deferred tax assets, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87

87

87

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

118

74

136

101

160

257

31

92

66

36

62

160

134

66

85

76

111

144

163

102

122

109

143

211

196

213

179

224

175

299

269

215

233

418

458

417

414

303

572

584

221

221

208

191

461

Current assets held for sale

-

-

0

410

428

27

25

35

13

11

11

1

223

227

-

-

-

-

-

-

-

-

873

392

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

1,909

2,135

2,520

2,688

2,776

2,921

3,065

3,087

2,902

2,566

3,690

4,424

3,743

3,665

3,042

3,754

3,268

2,590

3,858

4,130

2,968

4,593

4,204

4,218

4,787

2,975

3,455

3,281

3,777

3,762

4,037

3,254

3,445

3,224

7,154

7,314

15,775

13,829

11,600

11,260

11,739

10,637

9,626

9,114

8,403

Equity method investments

628

663

667

684

719

745

757

788

806

847

836

821

906

931

931

944

959

1,003

1,012

1,045

1,100

1,113

1,103

1,184

1,223

1,201

1,216

1,244

1,304

1,279

1,319

1,319

1,353

1,383

1,431

1,475

1,846

1,802

1,844

1,868

2,004

1,970

1,991

2,035

2,080

Receivables from United States Steel, noncurrent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

320

-

453

457

469

Property, Plant and Equipment, Net

16,903

17,000

16,717

16,730

16,714

16,804

16,899

16,881

16,931

17,665

17,645

18,337

16,533

16,727

25,976

25,657

26,737

27,061

27,920

29,121

29,291

29,040

28,658

27,824

28,426

28,145

27,822

27,457

28,382

28,272

27,446

26,001

25,365

25,324

20,318

20,140

32,189

32,222

31,987

31,703

31,674

32,121

31,115

30,452

29,414

Goodwill

0

95

95

95

97

97

97

98

98

115

115

115

115

115

115

115

115

115

457

459

459

459

457

457

499

499

499

499

528

525

525

525

525

536

537

537

1,376

1,380

1,383

1,383

1,414

1,422

1,424

1,423

1,447

Other noncurrent assets

275

352

374

420

440

723

912

860

849

764

607

543

698

558

2,246

2,057

1,789

1,542

1,427

1,015

918

778

988

1,088

1,216

2,800

2,784

2,567

1,118

1,468

1,231

1,151

1,163

904

1,101

1,024

679

781

1,309

1,282

574

902

806

960

873

Noncurrent assets held for sale

-

-

0

665

664

31

48

157

48

55

54

1

2,542

9,098

-

-

-

-

-

-

-

-

1,290

1,164

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets

19,715

20,245

20,373

21,282

21,410

21,321

21,778

21,871

21,634

22,012

22,947

24,241

24,537

31,094

32,310

32,527

32,868

32,311

34,674

35,770

34,736

35,983

36,700

35,935

36,151

35,620

35,776

35,048

35,109

35,306

34,558

32,250

31,851

31,371

30,541

30,490

51,865

50,014

48,123

47,496

47,725

47,052

45,415

44,441

42,686

Liabilities and Stockholders' Equity
Liabilities
Current liabilities:
Commercial paper

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

135

200

0

0

200

1,839

550

-

0

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

1,104

1,307

1,374

1,401

1,310

1,320

1,479

1,428

1,335

1,395

1,313

1,158

1,081

967

964

953

1,084

1,313

1,246

1,507

1,854

2,545

2,430

2,439

2,382

2,206

2,406

2,152

2,284

2,324

2,335

2,158

2,029

1,864

1,548

1,631

8,341

8,000

6,775

6,790

7,143

6,982

6,005

5,513

4,712

Payables to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

25

10

18

14

21

63

49

59

42

59

64

50

29

21

Payroll and benefits payable

68

112

92

88

76

154

127

109

85

108

99

92

70

129

121

114

79

133

138

119

127

191

149

121

180

240

162

137

182

217

148

120

165

193

129

139

359

418

362

312

360

399

367

310

400

Accrued taxes

72

118

86

77

149

181

128

99

128

177

162

78

81

94

66

85

151

132

143

156

260

285

181

193

1,476

1,445

1,511

1,397

1,892

1,983

2,027

1,440

2,065

2,015

1,904

1,839

1,744

1,447

1,407

1,049

679

547

593

499

1,133

Deferred tax liabilities, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

333

324

414

462

408

403

611

615

561

Other current liabilities

198

208

227

216

220

170

405

405

359

288

188

206

222

243

256

229

211

150

286

235

252

290

184

147

208

239

326

254

203

173

206

211

207

163

192

193

593

580

489

546

638

566

513

704

828

Long-term debt due within one year

-

-

600

600

-

-

-

-

-

-

0

548

1,541

686

1

1

1

1

1,035

1,035

1,068

1,068

68

68

68

68

68

68

68

184

183

187

197

141

338

338

349

295

98

101

98

96

105

103

98

Current liabilities held for sale

-

-

0

89

103

7

3

3

2

0

0

0

104

121

-

-

-

-

-

-

-

-

1,164

1,006

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

1,442

1,745

2,379

2,471

1,858

1,832

2,142

2,044

1,909

1,968

1,762

2,082

3,099

2,240

1,408

1,382

1,526

1,729

2,848

3,052

3,561

4,379

4,176

3,974

4,314

4,333

4,673

4,008

4,629

5,081

6,782

4,691

4,673

4,394

4,125

4,161

11,782

11,113

9,604

9,302

9,385

9,057

8,244

7,773

7,753

Long-term debt

5,502

5,501

4,903

4,902

5,501

5,499

5,498

5,497

5,495

5,494

6,488

6,715

5,723

6,581

7,277

7,280

7,280

7,276

7,323

7,321

5,326

5,295

6,355

6,362

6,392

6,394

6,433

6,428

6,476

6,512

4,518

4,513

4,559

4,674

4,705

4,684

7,992

7,601

7,844

7,829

8,440

8,436

8,581

8,518

7,087

Deferred tax liabilities

185

186

183

184

192

199

215

237

221

833

844

839

800

769

2,399

2,392

2,368

2,441

2,542

2,531

2,437

2,486

2,570

2,525

2,517

2,492

2,481

2,406

2,401

2,432

2,495

2,534

2,540

2,544

2,676

2,658

3,333

3,569

3,940

4,013

4,099

4,104

3,725

3,312

3,330

Defined benefit postretirement plan obligations

172

183

174

179

179

195

286

311

331

362

330

340

365

345

400

409

446

403

436

438

515

598

611

668

660

604

713

739

850

856

817

761

747

789

667

673

2,199

2,171

1,846

1,989

2,078

2,056

1,395

1,636

1,609

Asset retirement obligations

236

243

198

189

192

1,081

1,243

1,364

1,445

1,428

1,522

1,642

1,622

1,602

1,607

1,597

1,614

1,601

1,965

1,963

1,949

1,917

2,003

1,804

2,062

2,009

2,027

2,039

1,795

1,749

1,516

1,489

1,437

1,510

1,337

1,336

1,368

1,354

1,166

1,148

1,121

1,099

965

982

963

Deferred credits and other liabilities

220

234

265

292

317

279

340

194

197

217

217

211

221

225

297

314

283

308

225

247

288

288

405

392

401

444

455

407

370

393

366

477

389

301

275

271

486

435

367

374

370

390

410

403

531

Noncurrent liabilities held for sale

-

-

0

964

963

108

10

92

2

2

9

7

123

1,791

-

-

-

-

-

-

-

-

354

342

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payable to United States Steel

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-

4

4

4

Total liabilities

7,757

8,092

8,102

9,181

9,202

9,193

9,734

9,739

9,600

10,304

11,172

11,836

11,953

13,553

13,388

13,374

13,517

13,758

15,339

15,552

14,076

14,963

16,474

16,067

16,346

16,276

16,782

16,027

16,521

17,023

16,494

14,465

14,345

14,212

13,785

13,783

27,160

26,243

24,767

24,655

25,498

25,142

23,324

22,628

21,277

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ Equity
Preferred stock - no shares issued or outstanding (no par value, 26 million shares authorized)

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock:
Issued – 937 million shares (par value $1 per share, 1.925 billion shares authorized at March 31, 2020 and December 31, 2019)

937

937

937

937

937

937

937

937

937

937

937

937

937

937

937

937

937

770

770

770

770

770

770

770

770

770

770

770

770

770

770

770

770

770

770

770

770

770

770

770

769

769

769

769

767

Common stock, securities exchangeable into common stock - no shares issued or outstanding (no par value, 29 million shares authorized)

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Held in treasury, at cost – 146 million shares and 141 million shares

4,059

4,089

4,028

3,984

3,745

3,816

3,455

3,137

3,175

3,325

3,324

3,318

3,314

3,431

3,406

3,397

3,397

3,554

3,553

3,555

3,634

3,642

3,644

3,718

3,445

2,903

2,949

2,477

2,527

2,560

2,607

2,646

2,652

2,716

2,721

2,493

2,582

2,665

2,681

2,687

2,696

2,706

2,711

2,713

2,720

Additional paid-in capital

7,102

7,207

7,197

7,170

7,149

7,238

7,226

7,227

7,237

7,379

7,367

7,349

7,336

7,446

7,442

7,433

7,428

6,498

6,493

6,484

6,532

6,531

6,523

6,530

6,599

6,592

6,603

6,614

6,618

6,616

6,634

6,667

6,658

6,680

6,675

6,723

6,763

6,756

6,756

6,754

6,751

6,738

6,730

6,721

6,696

Retained earnings

7,895

7,993

8,053

7,928

7,808

7,706

7,357

7,146

7,093

6,779

6,849

7,491

7,673

12,672

14,086

14,320

14,533

14,974

15,800

16,691

17,220

17,638

16,854

16,564

16,151

15,135

14,892

14,458

14,153

13,890

13,688

13,358

13,084

12,788

12,352

12,053

20,725

19,907

19,379

18,859

18,328

18,043

17,857

17,614

17,259

Accumulated other comprehensive income

83

105

112

50

59

63

-21

-41

-58

-62

-54

-54

-48

-83

-137

-140

-150

-135

-175

-172

-228

-277

-277

-278

-270

-250

-322

-344

-426

-433

-421

-364

-361

-370

-328

-346

-971

-997

-868

-855

-925

-934

-554

-578

-593

Total stockholders equity

-

-

-

-

-

12,128

-

-

-

11,708

-

-

-

17,541

-

-

-

18,553

-

20,218

20,660

21,020

20,226

19,868

19,805

19,344

18,994

19,021

18,588

18,283

18,064

17,785

17,506

17,159

16,756

16,707

24,705

23,771

23,356

22,841

22,227

21,910

22,091

21,813

21,409

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

7

7

8

-

-

0

-

-

-

-

-

-

-

Total stockholders’ equity

11,958

12,153

12,271

12,101

12,208

-

12,044

12,132

12,034

-

11,775

12,405

12,584

-

18,922

19,153

19,351

-

19,335

-

-

-

-

-

-

-

-

-

-

-

18,064

17,785

17,499

17,152

-

-

-

23,771

-

-

-

-

-

-

-

Total liabilities and stockholders’ equity

19,715

20,245

20,373

21,282

21,410

21,321

21,778

21,871

21,634

22,012

22,947

24,241

24,537

31,094

32,310

32,527

32,868

32,311

34,674

35,770

34,736

35,983

36,700

35,935

36,151

35,620

35,776

35,048

35,109

35,306

34,558

32,250

31,851

31,371

30,541

30,490

51,865

50,014

48,123

47,496

47,725

47,052

45,415

44,441

42,686