ConocoPhillips (COP) 8-K ConocoPhillips Reports 2010 Organic Reserve Replacement of 138 Percent

Exhibit 99.3

CONSOLIDATED INCOME STATEMENT
	Millions of Dollars
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
Revenues and Other Income
Sales and other operating revenues*	30,741		35,448		40,173		42,979		149,341		44,821		45,686		47,208		51,726		189,441
Equity in earnings of affiliates	373		632		981		545		2,531		868		1,088		1,004		173		3,133
Gain on sale of Syncrude	-		-		-		-		-		-		2,878		-		-		2,878
Other income	124		106		117		171		518		73		475		1,337		1,318		3,203
Total Revenues and Other Income	31,238		36,186		41,271		43,695		152,390		45,762		50,127		49,549		53,217		198,655
Costs and Expenses
Purchased crude oil, natural gas and products	19,759		24,609		28,008		30,057		102,433		31,521		32,088		34,051		38,091		135,751
Production and operating expenses	2,545		2,573		2,534		2,687		10,339		2,527		2,619		2,583		2,906		10,635
Selling, general and administrative expenses	475		476		427		452		1,830		444		438		493		630		2,005
Exploration expenses	225		243		386		328		1,182		383		213		252		307		1,155
Depreciation, depletion and amortization	2,230		2,347		2,327		2,391		9,295		2,318		2,280		2,246		2,216		9,060
Impairments	3		51		56		425		535		91		1,532		59		98		1,780
Taxes other than income taxes*	3,464		3,715		4,205		4,145		15,529		4,037		4,247		4,227		4,282		16,793
Accretion on discounted liabilities	104		108		96		114		422		114		113		110		110		447
Interest and debt expense	310		268		336		375		1,289		301		349		264		273		1,187
Foreign currency transaction (gains) losses	131		(142	)	(17	)	(18	)	(46	)	36		54		(10	)	12		92
Total Costs and Expense	29,246		34,248		38,358		40,956		142,808		41,772		43,933		44,275		48,925		178,905
Income before income taxes	1,992		1,938		2,913		2,739		9,582		3,990		6,194		5,274		4,292		19,750
Provision for income taxes	1,176		1,063		1,426		1,425		5,090		1,878		2,011		2,205		2,239		8,333
Net Income	816		875		1,487		1,314		4,492		2,112		4,183		3,069		2,053		11,417
Less: net income attributable to
noncontrolling interests	(16	)	(16	)	(17	)	(29	)	(78	)	(14	)	(19	)	(14	)	(12	)	(59	)
Net Income Attributable to ConocoPhillips	800		859		1,470		1,285		4,414		2,098		4,164		3,055		2,041		11,358
*Includes excise taxes on petroleum products sales:	3,060		3,316		3,538		3,411		13,325		3,220		3,417		3,544		3,508		13,689
Net Income Attributable to ConocoPhillips
Per Share of Common Stock (dollars)**
Basic	0.54		0.58		0.98		0.86		2.96		1.41		2.79		2.06		1.40		7.68
Diluted	0.54		0.57		0.97		0.86		2.94		1.40		2.77		2.05		1.39		7.62
Average Common Shares Outstanding (in thousands)
Basic	1,485,890		1,486,496		1,488,352		1,489,811		1,487,650		1,492,861		1,489,814		1,481,522		1,453,532		1,479,330
Diluted	1,495,247		1,495,700		1,498,204		1,500,983		1,497,608		1,503,565		1,501,257		1,493,080		1,465,794		1,491,067
**For the purpose of the earnings-per-share calculation only, third-quarter and twelve-month 2009 net income attributable to ConocoPhillips has been reduced $12 million for the excess of the amount paid for the redemption of a noncontrolling interest over its carrying value, which was charged directly to retained earnings.
Note: Certain items in 2009 have been recast to reflect the retrospective application of a change in accounting principle related to our LUKOIL investment.  The basis for recording equity earnings was changed from estimating LUKOIL's current quarter earnings to recording LUKOIL's actual results on a one-quarter lag basis.

SUMMARY OF INCOME (LOSS) ATTRIBUTABLE TO CONOCOPHILLIPS BY SEGMENT
	Millions of Dollars
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
U.S. E&P	173		336		327		667		1,503		757		536		563		912		2,768
International E&P	527		389		651		534		2,101		1,075		3,578		1,001		776		6,430
Total E&P	700		725		978		1,201		3,604		1,832		4,114		1,564		1,688		9,198
Midstream	123		31		62		97		313		77		61		77		91		306
U.S. R&M	98		(38	)	73		(325	)	(192	)	12		782		199		29		1,022
International R&M	107		(14	)	26		110		229		(16	)	(1,061	)	69		178		(830	)
Total R&M	205		(52	)	99		(215	)	37		(4	)	(279	)	268		207		192
LUKOIL Investment	8		243		512		456		1,219		387		529		1,310		277		2,503
Chemicals	23		67		104		54		248		110		138		132		118		498
Emerging Businesses	-		2		(2	)	3		3		6		(10	)	(20	)	(35	)	(59	)
Corporate and Other	(259	)	(157	)	(283	)	(311	)	(1,010	)	(310	)	(389	)	(276	)	(305	)	(1,280	)
Consolidated	800		859		1,470		1,285		4,414		2,098		4,164		3,055		2,041		11,358
Note: Certain items in 2009 have been recast to reflect the retrospective application of a change in accounting principle related to our LUKOIL investment.  The basis for recording equity earnings was changed from estimating LUKOIL's current quarter earnings to recording LUKOIL's actual results on a one-quarter lag basis.

Page 1 of 12

SUMMARY OF INCOME (LOSS) BEFORE TAXES BY SEGMENT
	Millions of Dollars
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
U.S. E&P	283		502		505		1,000		2,290		1,149		833		879		1,477		4,338
International E&P	1,498		1,311		1,855		1,828		6,492		2,632		5,145		2,539		2,291		12,607
Total E&P	1,781		1,813		2,360		2,828		8,782		3,781		5,978		3,418		3,768		16,945
Midstream	202		50		93		139		484		116		94		115		139		464
U.S. R&M	163		13		116		(448	)	(156	)	41		1,265		320		46		1,672
International R&M	150		(37	)	25		99		237		(86	)	(1,452	)	76		218		(1,244	)
Total R&M	313		(24	)	141		(349	)	81		(45	)	(187	)	396		264		428
LUKOIL Investment	-		243		523		465		1,231		395		546		1,653		424		3,018
Chemicals	32		82		131		50		295		135		198		182		165		680
Emerging Businesses	(5	)	(2	)	(6	)	-		(13	)	4		(18	)	(43	)	(56	)	(113	)
Corporate and Other	(331	)	(224	)	(329	)	(394	)	(1,278	)	(396	)	(417	)	(447	)	(412	)	(1,672	)
Consolidated	1,992		1,938		2,913		2,739		9,582		3,990		6,194		5,274		4,292		19,750
Note: Certain items in 2009 have been recast to reflect the retrospective application of a change in accounting principle related to our LUKOIL investment.  The basis for recording equity earnings was changed from estimating  LUKOIL's current quarter earnings to recording LUKOIL's actual results on a one-quarter lag basis.

EFFECTIVE TAX RATES
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
U.S. E&P	38.5	%	33.1	%	35.2	%	33.3	%	34.3	%	34.0	%	35.7	%	35.8	%	38.3	%	36.2	%
International E&P	64.1	%	69.4	%	64.1	%	69.3	%	66.6	%	58.7	%	30.1	%	60.1	%	65.6	%	48.6	%
Total E&P	60.0	%	59.3	%	57.9	%	56.5	%	58.2	%	51.2	%	30.9	%	53.9	%	54.9	%	45.4	%
Midstream	39.1	%	40.0	%	33.3	%	30.2	%	35.3	%	33.6	%	35.1	%	33.9	%	33.8	%	34.1	%
U.S. R&M	39.9	%	384.6	%	35.3	%	27.5	%	-20.5	%	68.3	%	38.1	%	37.5	%	32.6	%	38.6	%
International R&M	28.7	%	62.2	%	0.0	%	-11.1	%	3.8	%	81.4	%	26.9	%	9.2	%	18.3	%	33.3	%
Total R&M	34.5	%	-112.5	%	29.1	%	38.4	%	50.6	%	93.3	%	-48.7	%	32.1	%	20.8	%	54.0	%
LUKOIL Investment	--		0.0	%	1.9	%	2.2	%	1.0	%	1.8	%	3.3	%	20.8	%	34.7	%	17.1	%
Chemicals	28.1	%	17.1	%	21.4	%	-10.0	%	15.9	%	18.5	%	29.8	%	28.0	%	28.5	%	26.8	%
Emerging Businesses	100.0	%	200.0	%	66.7	%	--		123.1	%	-25.0	%	50.0	%	55.8	%	35.7	%	47.8	%
Corporate and Other	22.7	%	31.3	%	14.3	%	21.3	%	21.6	%	21.7	%	6.5	%	38.5	%	26.0	%	23.4	%
Consolidated	59.0	%	54.9	%	49.0	%	52.0	%	53.1	%	47.1	%	32.5	%	41.8	%	52.2	%	42.2	%
Note: Certain items in 2009 have been recast to reflect the retrospective application of a change in accounting principle related to our LUKOIL investment. The basis for recording equity earnings was changed from estimating LUKOIL's current quarter earnings to recording LUKOIL's actual results on a one-quarter lag basis.

ESTIMATED TAXES PAID
	Millions of Dollars
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
Cash income taxes paid	1,346		1,925		1,535		1,835		6,641		1,596		2,329		2,097		2,452		8,474
Taxes other than income taxes	3,464		3,715		4,205		4,145		15,529		4,037		4,247		4,227		4,282		16,793
Less: Excise taxes*	(3,060	)	(3,316	)	(3,538	)	(3,411	)	(13,325	)	(3,220	)	(3,417	)	(3,544	)	(3,508	)	(13,689	)
Estimated Taxes Paid	1,750		2,324		2,202		2,569		8,845		2,413		3,159		2,780		3,226		11,578
*Represents taxes collected by ConocoPhillips and reimbursed to taxing authorities.

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SPECIAL ITEMS INCLUDED IN NET INCOME ATTRIBUTABLE TO CONOCOPHILLIPS (AFTER-TAX)
	Millions of Dollars
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
U.S. E&P
Gain (loss) on asset sales	-		-		-		-		-		-		-		32		293		325
Impairments	-		-		-		(29	)	(29	)	-		-		-		-		-
Severance accrual	-		-		20		-		20		-		-		-		-		-
Pending claims and settlements	-		-		-		-		-		-		(82	)	-		-		(82	)
Total	-		-		20		(29	)	(9	)	-		(82	)	32		293		243
International E&P
Gain (loss) on asset sales	-		-		-		55		55		-		2,679		-		147		2,826
Impairments	-		(51	)	-		(533	)	(584	)	-		-		-		(638	)	(638	)
Cancelled projects	-		-		-		-		-		(83	)	(2	)	-		-		(85	)
Severance accrual	-		-		11		-		11		-		-		-		-		-
Asset retirement	-		(37	)	-		-		(37	)	-		-		-		-		-
Deferred tax adjustment	-		-		-		-		-		-		40		-		-		40
Pending claims and settlements	-		-		-		-		-		-		-		26		32		58
Total	-		(88	)	11		(478	)	(555	)	(83	)	2,717		26		(459	)	2,201
Total E&P	-		(88	)	31		(507	)	(564	)	(83	)	2,635		58		(166	)	2,444
Midstream
Gain on share issuance by equity affiliate	88		-		-		-		88		-		-		-		-		-
Total	88		-		-		-		88		-		-		-		-		-
U.S. R&M
Gain (loss) on asset sales	-		-		32		-		32		-		116		-		-		116
Impairments	-		(72	)	(33	)	(11	)	(116	)	-		(8	)	-		-		(8	)
Severance accrual	-		-		6		-		6		-		-		-		-		-
Pending claims and settlements	(25	)	-		(33	)	-		(58	)	-		35		-		-		35
Total	(25	)	(72	)	(28	)	(11	)	(136	)	-		143		-		-		143
International R&M
Impairments	-		-		-		-		-		-		(1,110	)	-		-		(1,110	)
Cancelled projects	-		-		-		-		-		(25	)	(4	)	-		-		(29	)
Severance accrual	-		-		-		-		-		-		(28	)	-		-		(28	)
Total	-		-		-		-		-		(25	)	(1,142	)	-		-		(1,167	)
Total R&M	(25	)	(72	)	(28	)	(11	)	(136	)	(25	)	(999	)	-		-		(1,024	)
LUKOIL Investment
Gain (loss) on asset sales	-		-		-		-		-		-		99		874		278		1,251
Total	-		-		-		-		-		-		99		874		278		1,251
Chemicals
Total	-		-		-		-		-		-		-		-		-		-
Emerging Businesses
Total	-		-		-		-		-		-		-		-		-		-
Corporate and Other
Pending claims and settlements	-		-		(7	)	-		(7	)	-		(24	)	-		-		(24	)
Cancelled projects	-		-		-		-		-		(2	)	2		-		-		-
Severance accrual	-		-		3		-		3		-		-		-		-		-
Premium on early debt retirement	-		-		-		-		-		-		-		(114	)	-		(114	)
Total	-		-		(4	)	-		(4	)	(2	)	(22	)	(114	)	-		(138	)
Total Company	63		(160	)	(1	)	(518	)	(616	)	(110	)	1,713		818		112		2,533

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CASH FLOW INFORMATION
	Millions of Dollars
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
Cash Flows from Operating Activities
Net income	816		875		1,487		1,314		4,492		2,112		4,183		3,069		2,053		11,417
Depreciation, depletion and amortization	2,230		2,347		2,327		2,391		9,295		2,318		2,280		2,246		2,216		9,060
Impairments	3		51		56		425		535		91		1,532		59		98		1,780
Dry hole costs and leasehold impairments	123		115		233		135		606		133		72		122		150		477
Accretion on discounted liabilities	104		108		96		114		422		114		113		110		110		447
Deferred taxes	(221	)	(382	)	(269	)	(243	)	(1,115	)	(35	)	(508	)	(392	)	57		(878	)
Undistributed equity earnings	(280	)	(326	)	(692	)	44		(1,254	)	(503	)	(686	)	(453	)	569		(1,073	)
Net gain on asset dispositions	(39	)	3		(52	)	(72	)	(160	)	(24	)	(3,249	)	(1,398	)	(1,132	)	(5,803	)
Other	(2	)	177		(326	)	347		196		(187	)	(356	)	322		(28	)	(249	)
Net working capital changes	(849	)	(401	)	73		639		(538	)	(979	)	94		654		2,098		1,867
Net Cash Provided by
Operating Activities	1,885		2,567		2,933		5,094		12,479		3,040		3,475		4,339		6,191		17,045
Cash Flows from Investing Activities
Capital expenditures and investments	(2,906	)	(2,672	)	(2,598	)	(2,685	)	(10,861	)	(2,071	)	(2,009	)	(2,291	)	(3,390	)	(9,761	)
Proceeds from asset dispositions	86		146		706		332		1,270		132		5,811		6,290		3,139		15,372
Net purchases of short-term investments	-		-		-		-		-		-		-		-		(982	)	(982	)
Long-term advances to/collections from
affiliates and other investments	(106	)	(56	)	(29	)	(153	)	(344	)	(218	)	38		102		114		36
Net Cash Provided by (Used in) Investing Activities	(2,926	)	(2,582	)	(1,921	)	(2,506	)	(9,935	)	(2,157	)	3,840		4,101		(1,119	)	4,665
Cash Flows from Financing Activities
Net issuance (repayment) of debt	1,931		989		104		(1,795	)	1,229		347		(2,717	)	(2,838	)	6		(5,202	)
Issuance of company common stock	(21	)	-		10		24		13		9		26		24		74		133
Repurchase of company common stock	-		-		-		-		-		-		(390	)	(868	)	(2,608	)	(3,866	)
Dividends paid on company common stock	(696	)	(697	)	(697	)	(742	)	(2,832	)	(744	)	(816	)	(816	)	(799	)	(3,175	)
Other	(203	)	(203	)	(685	)	(174	)	(1,265	)	(186	)	(169	)	(189	)	(165	)	(709	)
Net Cash Provided by (Used in)
Financing Activities	1,011		89		(1,268	)	(2,687	)	(2,855	)	(574	)	(4,066	)	(4,687	)	(3,492	)	(12,819	)
Effect of Exchange Rate Changes	77		12		9		-		98		4		16		123		(122	)	21
Net Change in Cash
and Cash Equivalents	47		86		(247	)	(99	)	(213	)	313		3,265		3,876		1,458		8,912
Cash and cash equivalents
at beginning of period	755		802		888		641		755		542		855		4,120		7,996		542
Cash and Cash Equivalents
at End of Period	802		888		641		542		542		855		4,120		7,996		9,454		9,454
Note: Certain items in 2009 have been recast to reflect the retrospective application of a change in accounting principle related to our LUKOIL investment. The basis for recording equity earnings was changed from estimating LUKOIL's current quarter earnings to recording LUKOIL's actual results on a one-quarter lag basis.

CAPITAL PROGRAM
	Millions of Dollars
	2009					2010
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
E&P
Capital expenditures and investments	2,376	2,059	2,202	2,262	8,899	1,850	1,745	2,012	2,886	8,493
Loans and advances	88	33	32	22	175	48	21	27	17	113
Joint venture acquisition obligation--principal	153	156	157	159	625	161	164	166	168	659
E&P total	2,617	2,248	2,391	2,443	9,699	2,059	1,930	2,205	3,071	9,265
Midstream*	1	3	-	1	5	-	-	1	2	3
R&M
Capital expenditures and investments	496	523	352	355	1,726	192	226	241	397	1,056
Loans and advances	-	-	150	200	350	200	-	-	-	200
R&M total	496	523	502	555	2,076	392	226	241	397	1,256
LUKOIL Investment*	-	-	-	-	-	-	-	-	-	-
Chemicals*	-	-	-	-	-	-	-	-	-	-
Emerging Businesses*	17	56	16	8	97	1	4	2	20	27
Corporate and Other*	16	31	28	59	134	28	34	35	85	182
Total Capital Program	3,147	2,861	2,937	3,066	12,011	2,480	2,194	2,484	3,575	10,733
*Capital expenditures and investments only.

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E&P
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr	2nd Qtr	3rd Qtr		4th Qtr		YTD
E&P Net Income Attributable
to ConocoPhillips ($ Millions)	700		725		978		1,201		3,604		1,832	4,114	1,564		1,688		9,198
Production
Total, Including Equity Affiliates (MBOE/D)	1,925		1,872		1,791		1,828		1,854		1,828	1,733	1,717		1,729		1,752
E&P segment plus LUKOIL Investment segment:*	2,375		2,307		2,223		2,261		2,291		2,271	2,176	2,139		1,729		2,078
Crude Oil and Natural Gas Liquids (NGL) (MB/D)
Consolidated operations	963		912		863		913		913		901	837	846		847		858
Equity affiliates	49		55		59		57		55		57	56	51		56		55
Total	1,012		967		922		970		968		958	893	897		903		913
Over/(Under) Lifting of Crude Oil (MB/D)	10		1		17		(17	)	3		19	6	(16	)	(17	)	(1	)
Synthetic Oil (MB/D)	23		16		25		27		23		22	25	-		-		12
Bitumen (MB/D)
Consolidated operations	7		6		8		7		7		8	10	10		11		10
Equity affiliates	35		41		45		52		43		52	48	49		50		49
Total	42		47		53		59		50		60	58	59		61		59
Natural Gas (MMCF/D)
Consolidated operations	5,011		4,957		4,658		4,556		4,793		4,635	4,431	4,431		4,252		4,437
Equity affiliates	76		94		88		76		84		91	110	134		339		169
Total	5,087		5,051		4,746		4,632		4,877		4,726	4,541	4,565		4,591		4,606
Industry Prices (Platt's)
Crude Oil ($/BBL)
WTI spot	42.97		59.54		68.19		76.06		61.69		78.67	77.78	76.03		85.06		79.39
Brent dated	44.40		58.79		68.28		74.56		61.51		76.24	78.30	76.86		86.48		79.47
Natural Gas ($/MMBTU)
Henry Hub -- First of Month	4.91		3.51		3.39		4.16		3.99		5.30	4.09	4.38		3.80		4.39
Average Realized Prices
Crude Oil and NGL ($/BBL)
Consolidated operations	40.39		51.77		61.93		68.66		55.47		71.89	71.00	69.22		78.53		72.63
Equity affiliates	39.92		55.44		64.31		70.69		58.23		71.30	72.46	72.95		81.95		74.81
Total	40.37		51.98		62.08		68.78		55.63		71.86	71.09	69.45		78.76		72.77
Synthetic Oil ($/BBL)	45.69		58.71		66.42		73.35		62.01		78.67	76.60	-		-		77.56
Bitumen ($/BBL)
Consolidated operations	21.10		40.65		48.35		47.44		39.67		59.18	45.81	47.96		52.37		51.10
Equity affiliates	24.64		46.90		49.81		55.07		45.69		56.15	49.73	52.38		55.27		53.43
Total	24.04		46.10		49.59		54.14		44.84		56.57	49.19	51.50		54.79		53.06
Natural Gas ($/MCF)**
Consolidated operations	5.17		3.79		3.80		4.86		4.40		5.63	4.64	4.86		5.13		5.07
Equity affiliates	2.10		2.10		2.57		2.62		2.35		2.67	3.02	2.82		2.73		2.79
Total	5.12		3.76		3.78		4.82		4.37		5.57	4.60	4.80		4.95		4.98
Exploration Charges ($ Millions)
Dry holes	80		66		162		51		359		93	28	26		89		236
Leasehold impairment	43		49		71		84		247		40	44	96		61		241
Total Noncash Charges	123		115		233		135		606		133	72	122		150		477
Other (G&A, G&G and Lease rentals)	102		128		153		193		576		250	141	130		157		678
Total Exploration Charges	225		243		386		328		1,182		383	213	252		307		1,155
Depreciation, Depletion and
Amortization (DD&A) ($ Millions)	1,994		2,127		2,082		2,134		8,337		2,071	2,033	2,017		1,975		8,096
Foreign Currency Gains
(Losses) After-Tax ($ Millions)	(98	)	(22	)	(11	)	20		(111	)	60	18	(20	)	2		60
*Recast 2009 to reflect the retrospective application of a change in accounting principle related to our LUKOIL investment. The basis for recording equity earnings was changed from estimating LUKOIL's current quarter earnings to recording LUKOIL's actual results on a one-quarter lag basis.
**Periods prior to fourth-quarter 2010 have been recast to include intrasegment transfer pricing.

Page 5 of 12

U.S. E&P
	2009									2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr	YTD		1st Qtr	2nd Qtr		3rd Qtr		4th Qtr		YTD
U.S. E&P Net Income Attributable
to ConocoPhillips ($ Millions)	173		336		327		667	1,503		757	536		563		912		2,768
Alaska ($ Millions)	244		404		356		536	1,540		517	381		361		476		1,735
Lower 48 ($ Millions)	(71	)	(68	)	(29	)	131	(37	)	240	155		202		436		1,033
Production
Total U.S. (MBOE/D)	791		771		737		722	755		703	686		678		676		686
Crude Oil and NGL (MB/D)
Alaska	275		252		229		252	252		247	221		215		238		230
Lower 48	163		170		168		165	166		156	161		160		160		160
Total	438		422		397		417	418		403	382		375		398		390
Over/(Under) Lifting of Crude Oil (MB/D)	12		21		(5	)	8	10		9	4		(26	)	-		(3	)
Natural Gas (MMCF/D)
Alaska	92		83		105		95	94		94	82		82		70		82
Lower 48	2,027		2,012		1,938		1,736	1,927		1,705	1,740		1,738		1,599		1,695
Total	2,119		2,095		2,043		1,831	2,021		1,799	1,822		1,820		1,669		1,777
Average Realized Prices
Crude Oil and NGL ($/BBL)
Alaska	41.75		55.25		67.91		74.35	59.23		77.25	77.44		75.87		83.54		78.61
Lower 48	30.85		41.52		47.78		55.86	44.12		59.54	55.70		54.07		61.53		57.69
Total U.S.	37.68		49.86		59.13		67.06	53.21		70.40	68.15		65.71		74.22		69.73
Natural Gas ($/MCF)*
Alaska	6.89		5.64		4.72		4.30	5.33		4.33	4.76		4.89		4.55		4.62
Lower 48	3.76		2.97		2.98		4.03	3.42		5.21	3.93		4.06		3.82		4.25
Total U.S.	3.89		3.07		3.06		4.04	3.50		5.16	3.96		4.10		3.85		4.27
Kenai, Alaska LNG Sales
Volume (MMCF/D)	43		47		82		64	59		56	51		49		32		47
Sales price per MCF	6.29		7.20		8.29		11.02	8.45		11.70	12.08		12.84		11.86		12.13
U.S. Exploration Charges ($ Millions)
Dry holes	58		30		49		29	166		-	(1	)	(6	)	(1	)	(8	)
Leasehold impairment	26		28		27		62	143		22	26		79		23		150
Total Noncash Charges	84		58		76		91	309		22	25		73		22		142
Other (G&A, G&G and Lease rentals)	30		35		58		72	195		32	48		39		64		183
Total U.S. Exploration Charges	114		93		134		163	504		54	73		112		86		325
Alaska Only	34		8		11		17	70		7	10		10		14		41
DD&A ($ Millions)
Alaska	173		185		167		169	694		152	152		151		166		621
Lower 48	651		683		671		642	2,647		585	589		549		540		2,263
Total U.S.	824		868		838		811	3,341		737	741		700		706		2,884
*Periods prior to fourth-quarter 2010 have been recast to include intrasegment transfer pricing.

Page 6 of 12

INTERNATIONAL E&P
	2009									2010
	1st Qtr		2nd Qtr		3rd Qtr	4th Qtr		YTD		1st Qtr	2nd Qtr	3rd Qtr	4th Qtr		YTD
International E&P Net Income
Attributable to ConocoPhillips ($ Millions)	527		389		651	534		2,101		1,075	3,578	1,001	776		6,430
Production
Total, Including Equity Affiliates (MBOE/D)	1,134		1,101		1,054	1,106		1,099		1,125	1,047	1,038	1,053		1,066
Crude Oil and NGL (MB/D)
Consolidated operations
Canada	40		41		39	39		40		41	42	40	31		38
Norway	172		155		150	160		160		152	121	142	133		137
United Kingdom	87		85		71	81		81		83	77	65	72		74
Australia/Timor-Leste	35		35		36	36		35		34	25	34	30		31
China	40		41		53	60		49		71	67	66	66		68
Indonesia	29		19		12	14		19		17	20	19	14		17
Vietnam	36		31		27	24		29		22	24	25	24		24
Algeria	16		13		14	14		14		13	13	13	13		13
Libya	43		43		45	48		45		46	47	46	46		46
Nigeria	19		19		19	20		19		19	19	21	20		20
Other	8		8		-	-		4		-	-	-	-		-
Total consolidated operations	525		490		466	496		495		498	455	471	449		468
Equity affiliates	49		55		59	57		55		57	56	51	56		55
Total	574		545		525	553		550		555	511	522	505		523
Over/(Under) Lifting of Crude Oil (MB/D)	(2	)	(20	)	22	(25	)	(7	)	10	2	10	(17	)	2
Synthetic Oil (MB/D)
Consolidated operations--Canada	23		16		25	27		23		22	25	-	-		12
Bitumen (MB/D)
Consolidated operations--Canada	7		6		8	7		7		8	10	10	11		10
Equity affiliates	35		41		45	52		43		52	48	49	50		49
Total	42		47		53	59		50		60	58	59	61		59
Natural Gas (MMCF/D)
Consolidated operations
Canada	1,066		1,174		1,063	945		1,062		1,021	1,043	974	902		984
Norway	259		196		188	225		217		249	182	185	219		209
United Kingdom	742		653		514	728		659		712	567	546	601		606
Australia/Timor-Leste	247		258		266	233		251		239	184	260	248		233
Indonesia	449		451		443	450		447		462	473	472	443		463
Vietnam	17		12		17	16		15		15	16	16	16		16
Libya	8		8		12	12		10		8	8	8	8		8
Nigeria	104		110		112	116		111		130	136	150	146		141
Total consolidated operations	2,892		2,862		2,615	2,725		2,772		2,836	2,609	2,611	2,583		2,660
Equity affiliates	76		94		88	76		84		91	110	134	339		169
Total	2,968		2,956		2,703	2,801		2,856		2,927	2,719	2,745	2,922		2,829
Darwin, Australia LNG Sales (MMCF/D)	438		430		453	391		428		401	297	458	455		403

Page 7 of 12

INTERNATIONAL E&P (continued)
	2009					2010
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
Average Realized Prices
Crude Oil and NGL ($/BBL)
Consolidated operations
Canada	34.61	37.75	44.77	50.24	41.76	57.58	54.56	50.58	61.50	55.70
Norway	45.55	57.49	67.32	72.23	60.34	75.47	76.16	76.12	86.54	78.20
United Kingdom	42.41	52.63	64.45	69.43	56.19	74.03	72.64	73.04	82.24	75.82
Australia/Timor-Leste	41.33	42.77	54.11	62.23	50.30	68.73	68.75	64.88	78.92	70.21
China	38.17	57.72	65.97	73.72	61.33	74.89	77.78	73.64	83.77	77.31
Indonesia	42.35	52.36	76.41	73.63	56.28	67.65	68.49	63.71	75.70	68.41
Vietnam	42.75	58.00	70.27	79.64	60.97	80.92	81.26	78.79	89.20	82.65
Algeria	46.05	61.26	64.67	76.81	61.75	74.39	79.92	77.45	89.31	80.68
Libya	44.22	57.30	67.93	73.99	62.38	76.17	77.81	76.22	86.63	79.22
Nigeria	43.86	49.45	63.36	68.15	56.55	71.76	61.61	70.29	66.70	68.04
Other	32.01	-	-	-	32.01	-	-	-	-	-
Total consolidated operations	42.67	53.52	64.12	70.07	57.40	73.08	73.34	71.75	82.29	74.95
Equity affiliates	39.92	55.44	64.31	70.69	58.23	71.30	72.46	72.95	81.95	74.81
Total	42.43	53.72	64.14	70.14	57.48	72.91	73.24	71.87	82.25	74.94
Synthetic Oil ($/BBL)
Consolidated operations--Canada	45.69	58.71	66.42	73.35	62.01	78.67	76.60	-	-	77.56
Bitumen ($/BBL)
Consolidated operations--Canada	21.10	40.65	48.35	47.44	39.67	59.18	45.81	47.96	52.37	51.10
Equity affiliates	24.64	46.90	49.81	55.07	45.69	56.15	49.73	52.38	55.27	53.43
Total	24.04	46.10	49.59	54.14	44.84	56.57	49.19	51.50	54.79	53.06
Natural Gas ($/MCF)*
Consolidated operations
Canada	4.13	2.84	2.53	3.97	3.33	4.63	3.63	3.34	3.32	3.74
Norway	9.68	7.09	6.24	6.64	7.52	7.08	7.01	7.68	9.23	7.70
United Kingdom	8.75	5.60	5.74	5.81	6.57	6.66	5.61	6.27	8.02	6.67
Australia/Timor-Leste**	1.16	0.66	0.82	1.16	0.95	1.06	0.85	0.96	0.71	0.90
Indonesia	4.74	5.91	7.15	7.72	6.39	7.49	7.60	7.07	7.80	7.48
Vietnam	1.14	1.13	1.15	1.17	1.15	1.17	1.16	1.17	1.19	1.17
Libya	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09
Nigeria	0.84	0.83	0.73	3.92	1.62	2.04	1.88	1.76	1.80	1.86
Total consolidated operations	6.10	4.32	4.37	5.40	5.06	5.92	5.10	5.38	5.96	5.60
Equity affiliates	2.10	2.10	2.57	2.62	2.35	2.67	3.02	2.82	2.73	2.79
Total	6.00	4.25	4.32	5.32	4.97	5.82	5.03	5.26	5.58	5.43
International Exploration Charges ($ Millions)
Dry holes	22	36	113	22	193	93	29	32	90	244
Leasehold impairment	17	21	44	22	104	18	18	17	38	91
Total Noncash Charges	39	57	157	44	297	111	47	49	128	335
Other (G&A, G&G and Lease rentals)	72	93	95	121	381	218	93	91	93	495
Total International Exploration Charges	111	150	252	165	678	329	140	140	221	830
DD&A ($ Millions)	1,170	1,259	1,244	1,323	4,996	1,334	1,292	1,317	1,269	5,212
*Periods prior to fourth-quarter 2010 have been recast to include intrasegment transfer pricing.
**Excludes transfers to Darwin LNG plant.

Page 8 of 12

R&M
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
R&M Net Income (Loss) Attributable
to ConocoPhillips ($ Millions)	205		(52	)	99		(215	)	37		(4	)	(279	)	268		207		192
United States ($ Millions)	98		(38	)	73		(325	)	(192	)	12		782		199		29		1,022
International ($ Millions)	107		(14	)	26		110		229		(16	)	(1,061	)	69		178		(830	)
Worldwide - Including Net Share of Equity Affiliates
Crude Oil Charge Input (MB/D)	2,156		2,337		2,382		2,028		2,226		2,066		2,275		2,232		2,049		2,156
Total Charge Input (MB/D)	2,296		2,517		2,553		2,192		2,389		2,226		2,448		2,383		2,235		2,323
Crude Oil Capacity Utilization (%)	81	%	88	%	90	%	76	%	84	%	78	%	86	%	84	%	77	%	81	%
Clean Product Yield (%)	80	%	82	%	81	%	84	%	82	%	84	%	84	%	83	%	83	%	83	%
Refined Products Production (MB/D)
Gasoline	916		1,042		1,054		940		988		986		1,038		996		927		987
Distillates	899		974		979		851		926		834		969		935		882		905
Other	477		501		532		414		481		418		457		468		452		449
Total	2,292		2,517		2,565		2,205		2,395		2,238		2,464		2,399		2,261		2,341
Petroleum Products Sales (MB/D)
Gasoline	1,161		1,337		1,342		1,250		1,273		1,249		1,319		1,280		1,321		1,292
Distillates	1,092		1,213		1,204		1,166		1,169		1,089		1,201		1,199		1,263		1,189
Other	470		562		594		503		532		471		524		627		613		559
Total	2,723		3,112		3,140		2,919		2,974		2,809		3,044		3,106		3,197		3,040
Market Indicators
U.S. East Coast Crack Spread ($/BBL)	10.43		9.13		8.14		6.19		8.47		8.21		10.71		8.84		11.83		9.90
U.S. Gulf Coast Crack Spread ($/BBL)	9.06		8.39		6.74		4.46		7.16		6.70		9.90		7.45		7.79		7.96
U.S. Group Central Crack Spread ($/BBL)	9.62		9.16		8.06		5.52		8.09		6.82		11.38		10.58		9.17		9.49
U.S. West Coast Crack Spread ($/BBL)	15.79		15.11		13.89		8.75		13.38		9.72		14.95		14.97		12.58		13.06
U.S. Weighted 3:2:1 Crack Spread ($/BBL)	10.88		10.12		8.81		5.95		8.94		7.68		11.44		9.97		9.95		9.76
NW Europe Crack Spread ($/BBL)	10.81		9.42		8.44		8.14		9.20		9.25		11.60		9.84		12.04		10.68
Singapore 3:1:2 Crack Spread ($/BBL)	9.45		7.88		7.63		5.83		7.70		10.17		10.68		11.13		12.25		11.06
Realized Margins
Refining Margin ($/BBL)
U.S.	7.55		4.85		4.69		2.42		4.83		5.62		8.82		6.53		7.06		7.05
International*	6.52		3.44		4.11		6.72		5.14		8.73		10.27		4.41		12.20		8.90
Integrated Margin ($/BBL)
U.S.	8.23		5.40		5.92		3.48		5.71		6.07		10.40		7.21		7.55		7.87
International*	8.59		5.04		6.61		9.39		7.33		11.60		13.82		7.68		14.37		11.85
DD&A ($ Millions)	211		198		220		227		856		214		211		199		208		832
Foreign Currency Gains
(Losses) After-Tax ($ Millions)	(10	)	49		2		(5	)	36		(47	)	(55	)	42		-		(60	)
Turnaround Expense ($ Millions)	207		121		62		145		535		72		94		86		207		459
*All 2009 periods and the first two quarters of 2010 recast to conform to the third-quarter 2010 presentation.

Page 9 of 12

R&M (continued)
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
U.S. R&M
Eastern U.S.
Crude Oil Charge Input (MB/D)	346		376		393		374		372		379		410		387		269		361
Total Charge Input (MB/D)	363		427		443		410		411		406		457		433		347		411
Crude Oil Capacity Utilization (%)	82	%	89	%	93	%	88	%	88	%	90	%	97	%	91	%	64	%	85	%
Clean Product Yield (%)	83	%	87	%	89	%	89	%	87	%	89	%	89	%	89	%	90	%	89	%
U.S. Gulf Coast
Crude Oil Charge Input (MB/D)	470		711		660		554		599		641		730		664		636		668
Total Charge Input (MB/D)	534		773		725		629		664		731		804		730		701		741
Crude Oil Capacity Utilization (%)	64	%	97	%	90	%	75	%	82	%	87	%	100	%	90	%	87	%	91	%
Clean Product Yield (%)	81	%	83	%	80	%	81	%	81	%	82	%	82	%	81	%	78	%	81	%
Western U.S.
Crude Oil Charge Input (MB/D)	402		380		397		386		391		374		394		394		377		385
Total Charge Input (MB/D)	424		405		423		412		416		389		425		416		395		406
Crude Oil Capacity Utilization (%)	96	%	91	%	95	%	93	%	94	%	90	%	95	%	95	%	90	%	92	%
Clean Product Yield (%)	79	%	80	%	81	%	84	%	81	%	82	%	83	%	81	%	82	%	82	%
Central U.S. - Consolidated
Crude Oil Charge Input (MB/D)	172		184		179		152		172		170		189		187		152		175
Total Charge Input (MB/D)	175		188		182		154		175		172		191		190		153		177
Crude Oil Capacity Utilization (%)	92	%	98	%	96	%	81	%	92	%	91	%	101	%	100	%	81	%	93	%
Clean Product Yield (%)	90	%	91	%	93	%	91	%	91	%	91	%	92	%	92	%	92	%	92	%
Central U.S. - Equity Affiliates - Net Share*
Crude Oil Charge Input (MB/D)	199		202		212		174		197		178		190		201		205		193
Total Charge Input (MB/D)	213		215		224		186		210		189		202		205		218		203
Crude Oil Capacity Utilization (%)	88	%	89	%	94	%	77	%	87	%	79	%	84	%	89	%	91	%	86	%
Clean Product Yield (%)	81	%	84	%	85	%	82	%	83	%	83	%	82	%	79	%	82	%	82	%
Total U.S.
Crude Oil Charge Input (MB/D)	1,589		1,852		1,841		1,640		1,731		1,742		1,913		1,833		1,639		1,782
Total Charge Input (MB/D)	1,709		2,008		1,997		1,791		1,876		1,887		2,079		1,974		1,814		1,938
Crude Oil Capacity Utilization (%)	80	%	93	%	93	%	83	%	87	%	88	%	96	%	92	%	83	%	90	%
Clean Product Yield (%)	82	%	84	%	84	%	85	%	84	%	84	%	85	%	84	%	83	%	84	%
Refined Products Production (MB/D)
Gasoline	755		904		912		816		847		873		938		869		786		867
Distillates	623		748		725		665		691		679		785		746		683		723
Other	338		366		380		326		353		349		377		377		369		368
Total	1,716		2,018		2,017		1,807		1,891		1,901		2,100		1,992		1,838		1,958
Petroleum Products Sales (MB/D)
Gasoline	1,037		1,180		1,188		1,112		1,130		1,092		1,170		1,103		1,115		1,120
Distillates	749		924		906		853		858		807		921		874		890		873
Other	328		378		420		342		367		366		387		432		413		400
Total	2,114		2,482		2,514		2,307		2,355		2,265		2,478		2,409		2,418		2,393
*Represents 50 percent share of the Borger Refinery and Wood River Refinery.
International R&M
International - Consolidated*
Crude Oil Charge Input (MB/D)	453		364		422		288		381		276		255		285		280		274
Total Charge Input (MB/D)	465		380		430		296		393		288		262		295		288		283
Crude Oil Capacity Utilization (%)	82	%	66	%	76	%	52	%	69	%	50	%	46	%	52	%	51	%	50	%
Clean Product Yield (%)	72	%	69	%	69	%	76	%	71	%	80	%	75	%	77	%	79	%	78	%
International - Equity Affiliates - Net Share**
Crude Oil Charge Input (MB/D)	114		121		119		100		114		48		107		114		130		100
Total Charge Input (MB/D)	122		129		126		105		120		51		107		114		133		102
Crude Oil Capacity Utilization (%)	96	%	102	%	101	%	84	%	95	%	41	%	90	%	96	%	109	%	84	%
Clean Product Yield (%)	87	%	81	%	85	%	86	%	85	%	81	%	87	%	83	%	87	%	85	%
Total International
Crude Oil Charge Input (MB/D)	567		485		541		388		495		324		362		399		410		374
Total Charge Input (MB/D)	587		509		556		401		513		339		369		409		421		385
Crude Oil Capacity Utilization (%)	85	%	72	%	81	%	58	%	74	%	48	%	54	%	60	%	61	%	56	%
Clean Product Yield (%)	75	%	72	%	72	%	79	%	74	%	81	%	78	%	79	%	82	%	80	%
Refined Products Production (MB/D)
Gasoline	161		138		142		124		141		113		100		127		141		120
Distillates	276		226		254		186		235		155		184		189		199		182
Other	139		135		152		88		128		69		80		91		83		81
Total	576		499		548		398		504		337		364		407		423		383
Petroleum Products Sales (MB/D)
Gasoline	124		157		154		138		143		157		149		177		206		172
Distillates	343		289		298		313		311		282		280		325		373		316
Other	142		184		174		161		165		105		137		195		200		159
Total	609		630		626		612		619		544		566		697		779		647
*Represents our Humber Refinery in the United Kingdom, the Whitegate Refinery in Ireland, and our Wilhelmshaven Refinery in Germany.
**Represents 18.75 percent interest in a refinery complex in Karlsruhe, Germany, and 47 percent interest in a refinery in Melaka, Malaysia.

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LUKOIL INVESTMENT
	2009					2010
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr		2nd Qtr		3rd Qtr	4th Qtr		YTD
LUKOIL Investment Net Income
Attributable to ConocoPhillips ($ Millions)	8	243	512	456	1,219	387		529		1,310	277		2,503
Upstream
Production
Net crude oil production (MB/D)	394	385	386	387	388	391		382		366	-		284
Net natural gas production (MMCF/D)	334	297	273	276	295	312		368		338	-		254
Total (MBOE/D)	450	435	432	433	437	443		443		422	-		326
Industry Prices
Crude Oil ($/BBL)
Urals crude (CIF Mediterranean) (one-quarter lag)	54.66	43.73	58.49	67.89	56.19	74.26		75.41		76.86	85.30		78.29
Downstream
Refinery Throughput
Crude Processed (MB/D)	225	231	250	255	240	246		248		263	-		189
Foreign Currency Gains
(Losses) After-Tax ($ Millions)	2	12	5	1	20	(2	)	(16	)	5	(2	)	(15	)
Note: Certain items in 2009 have been recast to reflect the retrospective application of a change in accounting principle related to our LUKOIL investment. The basis for recording equity earnings was changed from estimating LUKOIL's current quarter earnings to recording LUKOIL's actual results on a one-quarter lag basis.

MIDSTREAM
	2009					2010
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
Midstream Net Income Attributable
to ConocoPhillips ($ Millions)	123	31	62	97	313	77	61	77	91	306
U.S. Equity Affiliate ($ Millions)*	90	12	26	55	183	53	31	39	68	191
NGL Extracted (MB/D)
Equity Affiliates
United States*	165	180	186	185	179	176	181	189	191	184
International	7	8	8	9	8	10	9	9	8	9
Total	172	188	194	194	187	186	190	198	199	193
*Represents 50 percent interest in DCP Midstream.
NGL Fractionated (MB/D)
United States*	144	157	147	147	149	140	138	116	141	134
International	16	17	17	17	17	19	18	18	16	18
Total	160	174	164	164	166	159	156	134	157	152
*Excludes DCP Midstream.
Product Prices
Weighted Average NGL ($/BBL)*
Consolidated	26.04	29.99	34.66	43.83	33.63	48.93	43.21	40.55	48.98	45.42
DCP Midstream	23.86	26.02	28.89	40.44	29.80	45.65	38.11	36.66	44.68	41.28
*Prices are based on index prices from the Mont Belvieu and Conway market hubs that are weighted by natural gas liquids component and location mix.
DD&A ($ Millions)	2	1	1	2	6	1	2	1	2	6

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CHEMICALS
	2009					2010
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
Chemicals Net Income Attributable
to ConocoPhillips ($ Millions)	23	67	104	54	248	110	138	132	118	498
Industry Margins (Cents/Lb)*
Ethylene industry cash margin	4.7	3.0	5.2	4.0	4.2	18.2	19.6	11.2	12.1	15.2
HDPE industry contract sales margin	18.2	24.5	27.6	22.3	23.1	17.3	24.5	28.2	24.8	23.7
Styrene industry contract sales margin	14.8	13.9	11.5	11.2	12.8	10.3	12.3	10.1	12.0	11.2
*Prices, economics and views expressed by CMAI are strictly the opinion of CMAI and Purvin & Gertz and are based on information collected within the public sector and on assessments by CMAI and Purvin & Gertz staff utilizing reasonable care consistent with normal industry practice. CMAI and Purvin & Gertz make no guarantee or warranty and assume no liability as to their use.

EMERGING BUSINESSES
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
Emerging Businesses Net Income (Loss)
Attributable to ConocoPhillips ($ Millions)	-		2		(2	)	3		3		6		(10	)	(20	)	(35	)	(59	)
Detail of Net Income (Loss)
Attributable to ConocoPhillips ($ Millions)
Power	24		27		22		32		105		29		17		8		(5	)	49
Other	(24	)	(25	)	(24	)	(29	)	(102	)	(23	)	(27	)	(28	)	(30	)	(108	)
Total	-		2		(2	)	3		3		6		(10	)	(20	)	(35	)	(59	)
Foreign Currency Gains
(Losses) After-Tax ($ Millions)	(1	)	4		(1	)	-		2		-		(1	)	-		-		(1	)

CORPORATE AND OTHER
	2009										2010
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD
Corporate and Other Net Income (Loss)
Attributable to ConocoPhillips ($ Millions)	(259	)	(157	)	(283	)	(311	)	(1,010	)	(310	)	(389	)	(276	)	(305	)	(1,280	)
Detail of Net Income (Loss)
Attributable to ConocoPhillips ($ Millions)
Net interest expense	(190	)	(175	)	(245	)	(241	)	(851	)	(222	)	(254	)	(285	)	(204	)	(965	)
Corporate overhead	(41	)	(31	)	(5	)	(31	)	(108	)	(36	)	(47	)	(37	)	(89	)	(209	)
Other	(28	)	49		(33	)	(39	)	(51	)	(52	)	(88	)	46		(12	)	(106	)
Total	(259	)	(157	)	(283	)	(311	)	(1,010	)	(310	)	(389	)	(276	)	(305	)	(1,280	)
Before-Tax Net Interest Expense ($ Millions)
Interest expense	(387	)	(360	)	(426	)	(447	)	(1,620	)	(383	)	(433	)	(351	)	(351	)	(1,518	)
Capitalized interest	118		131		129		109		487		119		119		121		112		471
Interest revenue	40		10		9		30		89		6		14		13		31		64
Premium on early debt retirement	(2	)	-		-		-		(2	)	-		-		(146	)	-		(146	)
Total	(231	)	(219	)	(288	)	(308	)	(1,046	)	(258	)	(300	)	(363	)	(208	)	(1,129	)
Foreign Currency Gains
(Losses) After-Tax ($ Millions)	(1	)	79		18		1		97		(19	)	(70	)	60		14		(15	)
Debt
Total Debt ($ Millions)	29,379		30,364		30,458		28,653		28,653		28,988		26,279		23,601		23,592		23,592
Debt-to-Capital Ratio (%)	34	%	34	%	33	%	31	%	31	%	31	%	28	%	25	%	25	%	25	%
Equity ($ Millions)	56,153		59,528		61,585		62,613		62,613		63,417		65,945		69,917		69,109		69,109
Note: Certain items in 2009 have been recast to reflect the retrospective application of a change in accounting principle related to our LUKOIL investment. The basis for recording equity earnings was changed from estimating LUKOIL's current quarter earnings to recording LUKOIL's actual results on a one-quarter lag basis.

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