ConocoPhillips (COP) 8-K ConocoPhillips Reports First-Quarter 2019 Results; Operating Plan Continues to Deliver Strong Free Cash Flow and Returns to Shareholders

Exhibit 99.2

	First-Quarter 2019 Detailed Supplemental Information
	2018															2019
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			Full Year			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr	YTD
$ Millions, Except as Indicated
CONSOLIDATED INCOME STATEMENT
Revenues and Other Income
Sales and other operating revenues		8,798			8,504			9,449			9,666			36,417			9,150						9,150
Equity in earnings of affiliates		208			265			294			307			1,074			188						188
Gain on dispositions		7			55			113			888			1,063			17						17
Other income (loss)		(52	)		416			309			(500	)		173			702						702
Total Revenues and Other Income		8,961			9,240			10,165			10,361			38,727			10,057						10,057
Costs and Expenses
Purchased commodities		3,714			3,064			3,530			3,986			14,294			3,675						3,675
Production and operating expenses		1,171			1,313			1,367			1,362			5,213			1,271						1,271
Selling, general and administrative expenses		99			118			119			65			401			153						153
Exploration expenses		95			69			103			102			369			110						110
Depreciation, depletion and amortization		1,412			1,438			1,494			1,612			5,956			1,546						1,546
Impairments		12			(35	)		44			6			27			1						1
Taxes other than income taxes		183			273			312			280			1,048			275						275
Accretion on discounted liabilities		88			89			89			87			353			86						86
Interest and debt expense		184			177			186			188			735			233						233
Foreign currency transaction (gains) losses		30			(28	)		5			(24	)		(17	)		12						12
Other expenses		197			143			10			25			375			8						8
Total Costs and Expenses		7,185			6,621			7,259			7,689			28,754			7,370						7,370
Income before income taxes		1,776			2,619			2,906			2,672			9,973			2,687						2,687
Income tax provision		876			965			1,033			794			3,668			841						841
Net Income		900			1,654			1,873			1,878			6,305			1,846						1,846
Less: net income attributable to noncontrolling interests		(12	)		(14	)		(12	)		(10	)		(48	)		(13	)					(13	)
Net Income Attributable to ConocoPhillips		888			1,640			1,861			1,868			6,257			1,833						1,833
Net Income Attributable to ConocoPhillips
Per Share of Common Stock (dollars)
Basic		0.75			1.40			1.60			1.62			5.36			1.61						1.61
Diluted		0.75			1.39			1.59			1.61			5.32			1.60						1.60
Average Common Shares Outstanding (in thousands)*
Basic		1,179,792			1,172,378			1,163,033			1,151,148			1,166,499			1,139,463						1,139,463
Diluted		1,186,454			1,181,167			1,172,694			1,159,305			1,175,538			1,146,515						1,146,515
*Ending Common Shares Outstanding is 1,130,176 as of Mar. 31, 2019, compared with 1,138,349 as of Dec. 31, 2018.
INCOME (LOSS) BEFORE INCOME TAXES
Alaska		654			531			535			470			2,190			505						505
Lower 48		398			523			660			640			2,221			261						261
Canada		(105	)		47			49			(24	)		(33	)		73						73
Europe and North Africa		771			862			811			1,687			4,131			709						709
Asia Pacific and Middle East		653			629			815			743			2,840			730						730
Other International		(10	)		(2	)		334			72			394			130						130
Corporate and Other		(585	)		29			(298	)		(916	)		(1,770	)		279						279
Consolidated		1,776			2,619			2,906			2,672			9,973			2,687						2,687
EFFECTIVE INCOME TAX RATES
Alaska*		19.9	%		21.4	%		20.1	%		5.4	%		17.2	%		23.9	%					23.9	%
Lower 48		22.6	%		21.7	%		22.2	%		19.3	%		21.3	%		26.2	%					26.2	%
Canada		38.4	%		29.7	%		31.2	%		361.3	%		291.3	%		-66.4	%					-66.4	%
Europe and North Africa		68.3	%		66.3	%		70.3	%		35.4	%		54.8	%		70.8	%					70.8	%
Asia Pacific and Middle East		27.6	%		23.5	%		27.8	%		22.4	%		25.4	%		26.2	%					26.2	%
Other International		-336.7	%		-102.3	%		5.4	%		-33.5	%		7.6	%		-1.3	%					-1.3	%
Corporate and Other		7.5	%		5.3	%		17.3	%		0.9	%		5.8	%		3.0	%					3.0	%
Consolidated		49.3	%		36.8	%		35.5	%		29.7	%		36.8	%		31.3	%					31.3	%
*Alaska including taxes other than income taxes.		22.4	%		36.1	%		37.1	%		24.9	%		30.3	%		38.1	%					38.1	%

	2018															2019
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			Full Year			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr	YTD
$ Millions
EARNINGS BY SEGMENT
Alaska		524			418			427			445			1,814			384						384
Lower 48		308			410			513			516			1,747			193						193
Canada		(65	)		33			34			61			63			122						122
Europe and North Africa		245			290			241			1,090			1,866			207						207
Asia Pacific and Middle East		461			466			577			566			2,070			525						525
Other International		(44	)		(5	)		316			97			364			131						131
Corporate and Other		(541	)		28			(247	)		(907	)		(1,667	)		271						271
Consolidated		888			1,640			1,861			1,868			6,257			1,833						1,833
SPECIAL ITEMS
Alaska		79			-			-			98			177			-						-
Lower 48		(8	)		-			(37	)		106			61			(47	)					(47	)
Canada		-			36			32			80			148			68						68
Europe and North Africa		-			32			-			805			837			-						-
Asia Pacific and Middle East		-			-			-			-			-			-						-
Other International		(34	)		-			325			93			384			147						147
Corporate and Other		(285	)		281			(54	)		(623	)		(681	)		517						517
Consolidated		(248	)		349			266			559			926			685						685
Detailed reconciliation of these items is provided on page 3.
ADJUSTED EARNINGS
Alaska		445			418			427			347			1,637			384						384
Lower 48		316			410			550			410			1,686			240						240
Canada		(65	)		(3	)		2			(19	)		(85	)		54						54
Europe and North Africa		245			258			241			285			1,029			207						207
Asia Pacific and Middle East		461			466			577			566			2,070			525						525
Other International		(10	)		(5	)		(9	)		4			(20	)		(16	)					(16	)
Corporate and Other		(256	)		(253	)		(193	)		(284	)		(986	)		(246	)					(246	)
Consolidated		1,136			1,291			1,595			1,309			5,331			1,148						1,148
ADJUSTED EFFECTIVE INCOME TAX RATES
Alaska		19.5	%		21.4	%		20.1	%		26.2	%		21.7	%		23.9	%					23.9	%
Lower 48		22.5	%		21.7	%		22.3	%		19.1	%		21.4	%		25.3	%					25.3	%
Canada		38.4	%		-1.5	%		61.1	%		20.3	%		33.6	%		26.7	%					26.7	%
Europe and North Africa		68.3	%		68.1	%		70.3	%		69.0	%		68.9	%		70.8	%					70.8	%
Asia Pacific and Middle East		27.6	%		23.5	%		27.8	%		22.4	%		25.4	%		26.2	%					26.2	%
Other International		0.7	%		-102.3	%		17.2	%		130.6	%		44.9	%		9.6	%					9.6	%
Corporate and Other		13.8	%		5.8	%		11.3	%		-8.2	%		5.7	%		14.8	%					14.8	%
Consolidated		41.8	%		41.2	%		39.2	%		43.6	%		41.4	%		42.9	%					42.9	%

	2018															2019
$ Millions	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			Full Year			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr	YTD
DETAILED SPECIAL ITEMS
Alaska
Pending claims and settlements		101			-			-			-			101			-						-
Subtotal before income taxes		101			-			-			-			101			-						-
Income tax provision (benefit)1		22			-			-			(98	)		(76	)		-						-
Total		79			-			-			98			177			-						-
Lower 48
Restructuring		-			-			(20	)		(3	)		(23	)		-						-
Impairments		(10	)		-			(43	)		-			(53	)		(60	)					(60	)
Gain (loss) on asset sales		-			-			56			136			192			-						-
Pending claims and settlements		-			-			(41	)		-			(41	)		-						-
Subtotal before income taxes		(10	)		-			(48	)		133			75			(60	)					(60	)
Income tax provision (benefit)1		(2	)		-			(11	)		27			14			(13	)					(13	)
Total		(8	)		-			(37	)		106			61			(47	)					(47	)
Canada
Gain (loss) on asset sales		-			50			45			-			95			-						-
Subtotal before income taxes		-			50			45			-			95			-						-
Income tax provision (benefit)1		-			14			13			(80	)		(53	)		(68	)					(68	)
Total		-			36			32			80			148			68						68
Europe and North Africa
Impairments		-			53			-			52			105			-						-
Gain (loss) on asset sales		-			-			-			715			715			-						-
Subtotal before income taxes		-			53			-			767			820			-						-
Income tax provision (benefit)		-			21			-			(38	)		(17	)		-						-
Total		-			32			-			805			837			-						-
Asia Pacific and Middle East
Subtotal before income taxes		-			-			-			-			-			-						-
Income tax provision (benefit)		-			-			-			-			-			-						-
Total		-			-			-			-			-			-						-
Other International
Pending claims and settlements		-			-			345			85			430			147						147
Subtotal before income taxes		-			-			345			85			430			147						147
Income tax provision (benefit)2		34			-			20			(8	)		46			-						-
Total		(34	)		-			325			93			384			147						147
Corporate and Other
Pension settlement expense		-			(147	)		(14	)		(35	)		(196	)		-						-
Pending claims and settlements		34			-			(18	)		-			16			(17	)					(17	)
Premiums on early debt retirement		(206	)		(2	)		-			-			(208	)		-						-
Unrealized gain (loss) on CVE equity		(116	)		387			(76	)		(618	)		(423	)		337						337
Recognition of deferred revenue		-			60			44			-			104			248						248
Restructuring		-			-			(17	)		-			(17	)		-						-
Subtotal before income taxes		(288	)		298			(81	)		(653	)		(724	)		568						568
Income tax provision (benefit)		(3	)		17			(27	)		(30	)		(43	)		51						51
Total		(285	)		281			(54	)		(623	)		(681	)		517						517
Total Company		(248	)		349			266			559			926			685						685
1Includes deferred tax adjustment 4Q 2018 in Alaska, Lower 48 and Canada, and in 1Q 2019 in Canada.
2Includes 1Q 2018 Nigeria tax settlement.

	2018															2019
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			Full Year			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr	YTD
$ Millions
CONSOLIDATED BALANCE SHEET
Assets
Cash and cash equivalents		4,984			3,234			3,716			5,915			5,915			6,218						6,218
Short-term investments		288			612			875			248			248			249						249
Accounts and notes receivable		4,032			3,750			4,319			3,920			3,920			3,701						3,701
Accounts and notes receivable—related parties		160			180			180			147			147			168						168
Investment in Cenovus Energy		1,776			2,159			2,086			1,462			1,462			1,805						1,805
Inventories		1,053			1,093			1,239			1,007			1,007			1,014						1,014
Prepaid expenses and other current assets		894			580			2,308			575			575			528						528
Total Current Assets		13,187			11,608			14,723			13,274			13,274			13,683						13,683
Investments and long-term receivables		9,572			9,435			9,553			9,329			9,329			9,302						9,302
Loans and advances—related parties		399			399			335			335			335			268						268
Net properties, plants and equipment		45,997			46,306			44,736			45,698			45,698			45,942						45,942
Other assets		1,572			1,188			1,209			1,344			1,344			2,303						2,303
Total Assets		70,727			68,936			70,556			69,980			69,980			71,498						71,498
Liabilities
Accounts payable		3,824			3,642			3,887			3,863			3,863			3,815						3,815
Accounts payable—related parties		62			24			31			32			32			31						31
Short-term debt		337			89			95			112			112			113						113
Accrued income and other taxes		1,341			1,301			1,582			1,320			1,320			1,539						1,539
Employee benefit obligations		408			511			626			809			809			470						470
Other accruals		1,137			1,071			1,180			1,259			1,259			1,402						1,402
Total Current Liabilities		7,109			6,638			7,401			7,395			7,395			7,370						7,370
Long-term debt		16,709			14,885			14,902			14,856			14,856			14,832						14,832
Asset retirement obligations and accrued environmental costs		7,789			7,665			7,554			7,688			7,688			7,730						7,730
Deferred income taxes		5,409			5,534			5,535			5,021			5,021			5,043						5,043
Employee benefit obligations		1,832			1,774			1,755			1,764			1,764			1,704						1,704
Other liabilities and deferred credits		1,161			1,218			1,330			1,192			1,192			1,838						1,838
Total Liabilities		40,009			37,714			38,477			37,916			37,916			38,517						38,517
Equity
Common stock issued
Par value		18			18			18			18			18			18						18
Capital in excess of par		46,642			46,746			46,858			46,879			46,879			46,877						46,877
Treasury stock		(40,406	)		(41,052	)		(41,979	)		(42,905	)		(42,905	)		(43,656	)					(43,656	)
Accumulated other comprehensive income (loss)		(5,371	)		(5,637	)		(5,442	)		(6,063	)		(6,063	)		(5,914	)					(5,914	)
Retained earnings		29,663			30,967			32,495			34,010			34,010			35,534						35,534
Total Common Stockholders' Equity		30,546			31,042			31,950			31,939			31,939			32,859						32,859
Noncontrolling Interests		172			180			129			125			125			122						122
Total Equity		30,718			31,222			32,079			32,064			32,064			32,981						32,981
Total Liabilities and Equity		70,727			68,936			70,556			69,980			69,980			71,498						71,498

	2018															2019
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			Full Year			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr	YTD
$ Millions
CASH FLOW INFORMATION
Cash Flows from Operating Activities
Net income (loss)		900			1,654			1,873			1,878			6,305			1,846						1,846
Depreciation, depletion and amortization		1,412			1,438			1,494			1,612			5,956			1,546						1,546
Impairments		12			(35	)		44			6			27			1						1
Dry hole costs and leasehold impairments		20			16			28			31			95			27						27
Accretion on discounted liabilities		88			89			89			87			353			86						86
Deferred taxes		65			197			136			(115	)		283			(1	)					(1	)
Undistributed equity earnings		(34	)		128			(105	)		163			152			24						24
Gain on dispositions		(7	)		(55	)		(113	)		(888	)		(1,063	)		(17	)					(17	)
Other		29			(267	)		15			414			191			(564	)					(564	)
Net working capital changes		(86	)		177			(51	)		595			635			(54	)					(54	)
Net Cash Provided by Operating Activities		2,399			3,342			3,410			3,783			12,934			2,894						2,894
Cash Flows from Investing Activities
Capital expenditures and investments		(1,535	)		(1,999	)		(1,599	)		(1,617	)		(6,750	)		(1,637	)					(1,637	)
Working capital changes associated with investing activities		28			(120	)		35			(11	)		(68	)		107						107
Proceeds from asset dispositions		169			139			86			688			1,082			142						142
Net sales (purchases) of short-term investments		1,593			(336	)		(261	)		624			1,620			(1	)					(1	)
Long-term collections from (advances to)
related parties and other investments		(333	)		367			101			138			273			(88	)					(88	)
Net Cash Provided by (Used in) Investing Activities		(78	)		(1,949	)		(1,638	)		(178	)		(3,843	)		(1,477	)					(1,477	)
Cash Flows from Financing Activities
Repayment of debt		(2,888	)		(2,064	)		(18	)		(25	)		(4,995	)		(19	)					(19	)
Issuance of company common stock		(18	)		60			79			-			121			(38	)					(38	)
Repurchase of company common stock		(500	)		(646	)		(927	)		(926	)		(2,999	)		(752	)					(752	)
Dividends paid		(338	)		(337	)		(334	)		(354	)		(1,363	)		(350	)					(350	)
Other		(32	)		(16	)		(63	)		(12	)		(123	)		(14	)					(14	)
Net Cash Provided by (Used in) Financing Activities		(3,776	)		(3,003	)		(1,263	)		(1,317	)		(9,359	)		(1,173	)					(1,173	)
Effect of Exchange Rate Changes		125			(139	)		(26	)		(77	)		(117	)		75						75
Net Change in Cash, Cash Equivalents and Restricted Cash		(1,330	)		(1,749	)		483			2,211			(385	)		319						319
Cash, cash equivalents and restricted cash at beginning of period		6,536			5,206			3,457			3,940			6,536			6,151						6,151
Cash, Cash Equivalents and Restricted Cash at End of Period		5,206			3,457			3,940			6,151			6,151			6,470						6,470
CAPITAL EXPENDITURES AND INVESTMENTS
Alaska		263			581			190			264			1,298			410						410
Lower 48		751			889			835			709			3,184			834						834
Canada		173			45			100			159			477			123						123
Europe and North Africa		216			246			216			199			877			157						157
Asia Pacific and Middle East		99			194			200			225			718			96						96
Other International		1			2			3			-			6			1						1
Corporate and Other		32			42			55			61			190			16						16
Total Capital Expenditures and Investments		1,535			1,999			1,599			1,617			6,750			1,637						1,637

	2018										2019
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		Full Year		1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
TOTAL SEGMENTS
Production
Total (MBOED)		1,269		1,249		1,261		1,357		1,283		1,361					1,361
Crude Oil (MBD)
Consolidated operations		621		610		622		705		639		703					703
Equity affiliates		15		14		13		12		14		12					12
Total		636		624		635		717		653		715					715
Over (under) lifting of crude oil (MBD)		15		9		28		11		16		8					8
NGL (MBD)
Consolidated operations		88		95		98		98		95		103					103
Equity affiliates		8		8		8		7		7		7					7
Total		96		103		106		105		102		110					110
Bitumen (MBD)
Consolidated operations		66		63		65		71		66		63					63
Equity affiliates		-		-		-		-		-		-					-
Total		66		63		65		71		66		63					63
Natural Gas (MMCFD)
Consolidated operations		1,775		1,700		1,707		1,793		1,743		1,852					1,852
Equity affiliates		1,053		1,054		1,025		992		1,031		988					988
Total		2,828		2,754		2,732		2,785		2,774		2,840					2,840
Industry Prices
Crude Oil ($/BBL)
WTI		62.88		67.99		69.71		59.09		64.92		54.87					54.87
WCS		38.60		48.72		47.47		19.64		38.61		42.58					42.58
Brent dated		66.76		74.35		75.27		67.76		71.04		63.20					63.20
JCC ($/BBL)		58.62		66.66		71.51		76.66		68.36		76.98					76.98
Natural Gas ($/MMBTU)
Henry Hub first of month		3.01		2.80		2.91		3.65		3.09		3.15					3.15
Average Realized Prices
Total ($/BBL)		50.49		54.32		57.71		53.00		53.88		50.59					50.59
Crude Oil ($/BBL)
Consolidated operations		65.47		70.42		72.97		63.74		68.03		59.45					59.45
Equity affiliates		66.50		76.11		76.62		70.73		72.49		59.53					59.53
Total		65.49		70.55		73.05		63.86		68.13		59.45					59.45
NGL ($/BBL)
Consolidated operations		26.68		28.57		33.80		26.61		29.03		22.74					22.74
Equity affiliates		43.99		43.60		49.71		45.48		45.69		38.19					38.19
Total		28.37		29.94		35.14		28.04		30.48		23.85					23.85
Bitumen ($/BBL)
Consolidated operations		14.06		32.38		34.15		11.65		22.29		33.15					33.15
Equity affiliates		-		-		-		-		-		-					-
Total		14.06		32.38		34.15		11.65		22.29		33.15					33.15
Natural Gas ($/MCF)
Consolidated operations		5.18		4.85		5.48		6.05		5.40		5.27					5.27
Equity affiliates		5.04		5.72		6.35		7.15		6.06		7.31					7.31
Total		5.13		5.18		5.81		6.46		5.65		6.00					6.00
Exploration Expenses ($ Millions)
Dry holes		15		1		12		11		39		10					10
Leasehold impairment		5		15		16		20		56		17					17
Total noncash expenses		20		16		28		31		95		27					27
Other (G&A, G&G and lease rentals)		75		53		75		71		274		83					83
Total exploration expenses		95		69		103		102		369		110					110
U.S. exploration expenses		66		49		59		58		232		75					75
International exploration expenses		29		20		44		44		137		35					35
DD&A ($ Millions)
Alaska		185		182		161		213		741		205					205
Lower 48		498		553		603		653		2,307		621					621
Canada		91		85		89		50		315		56					56
Europe and North Africa		285		275		281		278		1,119		273					273
Asia Pacific and Middle East		327		317		334		390		1,368		375					375
Other International		-		-		-		-		-		-					-
Corporate and Other		26		26		26		28		106		16					16
Total DD&A		1,412		1,438		1,494		1,612		5,956		1,546					1,546

	2018										2019
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		Full Year		1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
PRODUCTION
Crude Oil (MBD)
Alaska		174		170		152		187		171		210					210
Lower 48		197		218		240		262		229		245					245
Canada		2		1		1		1		1		1					1
Norway		89		82		89		89		87		89					89
United Kingdom		29		23		23		29		26		25					25
Libya		40		34		33		39		36		38					38
Europe and North Africa		158		139		145		157		149		152					152
Australia/Timor-Leste		4		3		3		5		4		6					6
China		37		29		34		42		36		41					41
Indonesia		2		2		2		2		2		2					2
Malaysia		47		48		45		49		47		46					46
Equity affiliates		15		14		13		12		14		12					12
AP/ME		105		96		97		110		103		107					107
Total		636		624		635		717		653		715					715
NGL (MBD)
Alaska		16		14		12		16		14		17					17
Lower 48		60		70		73		71		69		74					74
Canada		-		-		2		-		1		-					-
Norway		4		4		4		3		4		4					4
United Kingdom		4		4		4		4		4		4					4
Europe and North Africa		8		8		8		7		8		8					8
Australia/Timor-Leste		4		3		3		4		3		4					4
Equity affiliates		8		8		8		7		7		7					7
AP/ME		12		11		11		11		10		11					11
Total		96		103		106		105		102		110					110
Bitumen (MBD)
Canada		66		63		65		71		66		63					63
Total		66		63		65		71		66		63					63
Natural Gas (MMCFD)
Alaska		7		6		5		7		6		8					8
Lower 48		568		593		608		616		596		568					568
Canada		13		14		12		9		12		7					7
Norway		208		172		189		206		194		263					263
United Kingdom		309		309		238		270		281		310					310
Libya		31		26		25		31		28		31					31
Europe and North Africa		548		507		452		507		503		604					604
Australia/Timor-Leste		295		241		289		276		275		273					273
Indonesia		307		305		316		307		309		311					311
Malaysia		37		34		25		71		42		81					81
Equity affiliates		1,053		1,054		1,025		992		1,031		988					988
AP/ME		1,692		1,634		1,655		1,646		1,657		1,653					1,653
Total		2,828		2,754		2,732		2,785		2,774		2,840					2,840
Total (MBOED)
Alaska		191		185		165		204		186		228					228
Lower 48		352		387		414		436		397		414					414
Canada		70		67		70		74		70		65					65
Norway		128		114		125		126		123		137					137
United Kingdom		85		78		67		78		77		80					80
Libya		45		38		37		44		41		43					43
Europe and North Africa		258		230		229		248		241		260					260
Australia/Timor-Leste		57		46		54		55		53		56					56
China		37		29		34		42		36		41					41
Indonesia		53		53		54		53		53		54					54
Malaysia		53		54		49		61		54		60					60
Equity affiliates		198		198		192		184		193		183					183
AP/ME		398		380		383		395		389		394					394
Total		1,269		1,249		1,261		1,357		1,283		1,361					1,361

	2018										2019
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		Full Year		1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
AVERAGE REALIZED PRICES
Crude Oil ($/BBL)
Consolidated operations
Alaska		68.31		72.49		76.47		66.58		70.86		62.81					62.81
Lower 48		61.99		65.79		67.73		57.08		62.99		53.15					53.15
Canada		-		-		-		-		48.73		-					-
Norway		65.84		73.13		77.74		70.19		71.61		63.16					63.16
United Kingdom		64.27		70.97		76.51		66.56		69.00		59.74					59.74
Libya		65.90		72.86		73.42		68.30		69.83		63.22					63.22
Europe and North Africa		65.57		72.65		76.54		68.97		70.71		62.83					62.83
Australia/Timor-Leste		70.71		72.25		71.12		68.88		70.70		59.39					59.39
China		62.49		69.51		70.71		62.37		65.94		59.23					59.23
Indonesia		58.60		49.93		55.16		50.54		53.34		47.07					47.07
Malaysia		70.42		78.42		79.32		73.50		75.33		67.33					67.33
AP/ME		67.07		74.88		74.78		67.76		70.93		62.94					62.94
Total consolidated operations		65.47		70.42		72.97		63.74		68.03		59.45					59.45
Equity affiliates		66.50		76.11		76.62		70.73		72.49		59.53					59.53
Total		65.49		70.55		73.05		63.86		68.13		59.45					59.45
NGL ($/BBL)
Consolidated operations
Lower 48		24.57		26.71		32.17		25.13		27.30		20.66					20.66
Canada		-		-		-		-		43.70		-					-
Norway		32.58		41.12		35.57		33.23		35.56		33.37					33.37
United Kingdom		33.43		39.77		40.43		37.14		38.13		27.65					27.65
Europe and North Africa		32.98		40.35		38.80		34.75		36.87		31.15					31.15
Australia/Timor-Leste		44.36		44.23		52.30		42.66		47.20		40.13					40.13
AP/ME		44.36		44.23		52.30		42.66		47.20		40.13					40.13
Total consolidated operations		26.68		28.57		33.80		26.61		29.03		22.74					22.74
Equity affiliates		43.99		43.60		49.71		45.48		45.69		38.19					38.19
Total		28.37		29.94		35.14		28.04		30.48		23.85					23.85
Bitumen ($/BBL)
Canada*		14.06		32.38		34.15		11.65		22.29		33.15					33.15
Total		14.06		32.38		34.15		11.65		22.29		33.15					33.15
Natural Gas ($/MCF)
Consolidated operations
Alaska		2.51		2.51		2.52		2.41		2.48		3.42					3.42
Lower 48		2.76		2.34		2.80		3.35		2.82		2.74					2.74
Canada		-		-		-		-		1.00		-					-
Norway		7.32		7.19		8.23		8.57		7.87		6.39					6.39
United Kingdom		7.58		7.31		7.37		8.73		7.74		6.83					6.83
Libya		5.62		5.52		4.11		4.10		4.84		4.92					4.92
Europe and North Africa		7.38		7.19		7.62		8.42		7.65		6.55					6.55
Australia/Timor-Leste**		0.62		0.69		1.14		0.79		0.82		0.83					0.83
Indonesia		6.61		6.96		7.09		7.71		7.10		6.69					6.69
Malaysia		2.78		3.06		3.11		3.64		3.25		3.84					3.84
AP/ME		5.57		5.50		6.53		6.90		6.15		6.36					6.36
Total consolidated operations		5.18		4.85		5.48		6.05		5.40		5.27					5.27
Equity affiliates		5.04		5.72		6.35		7.15		6.06		7.31					7.31
Total		5.13		5.18		5.81		6.46		5.65		6.00					6.00
*Average realized prices exclude additional value realized from third-party purchases and sales for optimization of our pipeline capacity between Canada and the U.S. Gulf Coast.
**Excludes transfers to Darwin LNG plant.

	2018															2019
	1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			Full Year			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr	YTD
CORPORATE AND OTHER
Corporate and Other Earnings (Loss) ($ Millions)		(541	)		28			(247	)		(907	)		(1,667	)		271						271
Detail of Earnings (Loss) ($ Millions)
Net interest expense		(160	)		(174	)		(174	)		(172	)		(680	)		(196	)					(196	)
Corporate G&A expenses		(50	)		(53	)		(36	)		48			(91	)		(65	)					(65	)
Technology*		(10	)		63			64			(8	)		109			96						96
Other		(321	)		192			(101	)		(775	)		(1,005	)		436						436
Total		(541	)		28			(247	)		(907	)		(1,667	)		271						271
*Includes investment in new technologies or businesses outside of our normal scope of operations and licensing revenues.
Before-Tax Net Interest Expense ($ Millions)
Interest expense		(221	)		(222	)		(236	)		(226	)		(905	)		(243	)					(243	)
Capitalized interest		37			45			50			38			170			10						10
Interest revenue		22			15			18			24			79			32						32
Total		(162	)		(162	)		(168	)		(164	)		(656	)		(201	)					(201	)
Debt
Total debt ($ Millions)		17,046			14,974			14,997			14,968			14,968			14,945						14,945
Debt-to-capital ratio (%)		36	%		32	%		32	%		32	%		32	%		31	%					31	%
Equity ($ Millions)		30,718			31,222			32,079			32,064			32,064			32,981						32,981

REFERENCE
Commonly Used Abbreviations
Earnings	Net Income (Loss) Attributable to ConocoPhillips
DD&A	Depreciation, Depletion and Amortization
G&G	Geological and Geophysical
G&A	General and Administrative
JCC	Japan Crude Cocktail
LNG	Liquefied Natural Gas
NGL	Natural Gas Liquids
WCS	Western Canada Select
WTI	West Texas Intermediate
Units of Measure
BBL	Barrels
MMBBL	Millions of Barrels
MBD	Thousands of Barrels per Day
MBOED	Thousands of Barrels of Oil Equivalent per Day
MCF	Thousands of Cubic Feet
MMBTU	Millions of British Thermal Units
MMCFD	Millions of Cubic Feet per Day