Disclosures About Segments And Related Information | Disclosures about Segments and Related Information Effective April 1, 2022, the Corporation streamlined its business structure by combining the Chemical and Downstream businesses into a single business, Product Solutions. Product Solutions consists of three operating segments: • Energy Products: Fuels, aromatics, and catalysts and licensing • Chemical Products: Olefins, polyethylene, polypropylene, and intermediates • Specialty Products: Finished lubricants, basestocks and waxes, synthetics, and elastomers and resins Information disclosed in this note has been recast for the new segmentation. (millions of dollars) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Earnings (Loss) After Income Tax Upstream United States 3,749 663 6,125 1,026 Non-U.S. 7,622 2,522 9,734 4,713 Energy Products United States 2,655 (278) 3,144 (510) Non-U.S. 2,617 (578) 1,933 (1,267) Chemical Products United States 625 1,149 1,395 1,803 Non-U.S. 450 1,051 1,086 1,788 Specialty Products United States 232 262 478 442 Non-U.S. 185 487 415 862 Corporate and Financing (286) (588) (980) (1,437) Corporate total 17,850 4,690 23,330 7,420 Sales and Other Operating Revenue Upstream United States 3,958 1,726 6,614 3,611 Non-U.S. 7,101 3,792 13,444 6,886 Energy Products United States 34,473 18,770 59,326 34,304 Non-U.S. 52,804 29,925 94,519 56,815 Chemical Products United States 3,180 3,035 6,274 5,533 Non-U.S. 4,497 4,244 8,994 7,985 Specialty Products United States 1,653 1,242 3,044 2,379 Non-U.S. 3,591 3,204 6,769 6,073 Corporate and Financing 8 5 15 (91) Corporate total (1) 111,265 65,943 198,999 123,495 Intersegment Revenue Upstream United States 7,180 3,827 13,371 7,150 Non-U.S. 13,533 7,747 24,368 14,564 Energy Products United States 8,348 4,102 15,197 7,263 Non-U.S. 10,848 5,186 19,610 10,085 Chemical Products United States 2,558 1,461 4,325 2,806 Non-U.S. 1,600 929 3,107 1,751 Specialty Products United States 713 584 1,272 1,080 Non-U.S. 195 160 419 320 Corporate and Financing 59 52 116 109 (1) See footnote on the next page Geographic Sales and Other Operating Revenue (millions of dollars) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 United States 43,264 24,773 75,258 45,827 Non-U.S. 68,001 41,170 123,741 77,668 Total (1) 111,265 65,943 198,999 123,495 Significant Non-U.S. revenue sources include: (2) Canada 9,642 5,282 16,638 9,541 United Kingdom 8,306 3,815 15,854 6,758 France 5,265 3,247 9,622 6,029 Singapore 4,774 3,515 9,096 6,950 Italy 3,063 2,466 5,898 4,331 Belgium 3,041 2,192 5,877 4,181 Australia 3,205 2,019 5,661 3,748 (1) Includes approximately 23% and 15% related to revenue outside the scope of ASC 606 "Revenue from Contracts with Customers" for the three months ended June 30, 2022 and June 30, 2021, respectively, and 22% and 16% for the six months ended June 30, 2022 and June 30, 2021, respectively. Trade receivables in Notes and accounts receivable – net reported on the Balance Sheet include both receivables within the scope of ASC 606 and those outside the scope of ASC 606. Revenue and receivables outside the scope of ASC 606 primarily relate to physically settled commodity contracts accounted for as derivatives. Credit quality and type of customer are generally similar between those revenues and receivables within the scope of ASC 606 and those outside it. (2) Revenue is determined by primary country of operations. Excludes certain sales and other operating revenues in Non-U.S. operations where attribution to a specific country is not practicable. |