Overview Financials News + Filings Key Docs Charts Transactions Holdings Ownership Insiders
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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues and other income: | | | | | | | | |
Sales and other operating revenues | 179,952 | 120,930 | 69,032 | 111,865 | 86,589 | 75,369 | 63,364 | 72,258 |
Sales and other operating revenues growth | 48.8% | 75.2% | -38.3% | 29.2% | 14.9% | 18.9% | -12.3% | -26.3% |
Income (loss) from equity method investments | 655 | 458 | -935 | 312 | 299 | 306 | -185 | 88 |
Net gain on disposal of assets | 1,061 | 21 | 70 | 278 | 6 | 10 | 32 | 7 |
Other income | 783 | 468 | 118 | 127 | 198 | 320 | 178 | 112 |
Revenues and other income | 179,952 | 120,930 | 69,032 | 111,865 | 86,589 | 75,369 | 63,364 | 72,258 |
Revenues and other income growth | 48.8% | 75.2% | -38.3% | 29.2% | 14.9% | 18.9% | -12.3% | -26.3% |
Costs and expenses: | | | | | | | | |
Cost of revenues (excludes items below) | 151,671 | 110,008 | 65,733 | 99,228 | 77,047 | 67,089 | 56,676 | |
Impairment expense | | | 8,426 | 1,197 | | | 130 | 144 |
Depreciation and amortization | 3,215 | 3,364 | 3,375 | 3,225 | 2,170 | 2,114 | 2,001 | 1,502 |
Selling, general and administrative expenses | 3,597 | 3,258 | 3,378 | 3,753 | 2,682 | 2,148 | 2,032 | 1,967 |
Other taxes | 825 | 721 | 668 | 561 | 406 | 454 | 435 | 391 |
Total costs and expenses | 158,483 | 116,630 | 81,279 | 107,403 | 81,899 | 71,351 | 60,978 | 67,566 |
Income (loss) from continuing operations | 21,469 | 4,300 | -12,247 | 4,462 | 4,690 | 4,018 | 2,386 | 4,692 |
Operating margin | 11.9% | 3.6% | -17.7% | 4.0% | 5.4% | 5.3% | 3.8% | 6.5% |
Net interest and other financial costs | -1,000.0 | -1,483.0 | -1,365.0 | -1,229.0 | -993.0 | -674.0 | -564.0 | -318.0 |
Income (loss) from continuing operations before income taxes | 20,469 | 2,817 | -13,612 | 3,233 | 3,697 | 3,344 | 1,822 | 4,374 |
Provision (benefit) for income taxes on continuing operations | 4,491 | 264 | -2,430 | 784 | 764 | -460 | 609 | 1,506 |
Net income (loss) | 16,050 | 11,001 | -21,159 | 3,255 | 3,606 | 3,804 | 1,213 | 2,868 |
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Less net income (loss) attributable to: | | | | | | | | |
Redeemable noncontrolling interest | | | | | | | | |
Noncontrolling interests | | | | | | | | |
Net income (loss) attributable to MPC | 14,516 | 9,738 | -9,826 | 2,637 | 2,780 | 3,432 | 1,174 | 2,852 |
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Per share data (See Note 10) | | | | | | | | |
Basic: | | | | | | | | |
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Net income (loss) per share | $28.31 | $15.34 | ($15.13) | $4.00 | $5.36 | $6.76 | $2.22 | $5.29 |
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Weighted average shares outstanding | 512 | 634 | 649 | 659 | 518 | 507 | 528 | 538 |
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Diluted: | | | | | | | | |
Net income (loss) per share | $28.12 | $15.24 | ($15.13) | $3.97 | $5.28 | $6.70 | $2.21 | $5.26 |
Weighted average shares outstanding | 1,544 | 1,910 | 649 | 1,987 | 1,570 | 1,531 | 530 | 542 |
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