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Document and Company Information - USD ($) $ in Billions	12 Months Ended
Document and Company Information - USD ($) $ in Billions	Dec. 31, 2009	Jan. 31, 2010	Jun. 30, 2009
Document and Company Information [Abstract]
Entity Registrant Name	CONOCOPHILLIPS
Entity Central Index Key	0001163165
Document Type	10-K
Document Period End Date	Dec. 31, 2009
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 62.3
Entity Common Stock, Shares Outstanding		1,486,838,088

Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2009	Dec. 31, 2008
Assets
Cash and cash equivalents	$ 542	$ 755
Accounts and notes receivable (net of allowance of $76 million in 2009 and $61 million in 2008)	11,861	10,892
Accounts and notes receivable-related parties	1,354	1,103
Inventories	4,940	5,095
Prepaid expenses and other current assets	2,470	2,998
Total Current Assets	21,167	20,843
Investments and long-term receivables	36,192	30,926
Loans and advances-related parties	2,352	1,973
Net properties, plants and equipment	87,708	83,947
Goodwill	3,638	3,778
Intangibles	823	846
Other assets	708	552
Total Assets	152,588	142,865
Liabilities
Accounts payable	14,168	12,852
Accounts payable-related parties	1,317	1,138
Short-term debt	1,728	370
Accrued income and other taxes	3,402	4,273
Employee benefit obligations	846	939
Other accruals	2,234	2,208
Total Current Liabilities	23,695	21,780
Long-term debt	26,925	27,085
Asset retirement obligations and accrued environmental costs	8,713	7,163
Joint venture acquisition obligation-related party	5,009	5,669
Deferred income taxes	17,962	18,167
Employee benefit obligations	4,130	4,127
Other liabilities and deferred credits	3,097	2,609
Total Liabilities	89,531	86,600
Equity
Common stock (2,500,000,000 shares authorized at $.01 par value) Issued (2009-1,733,345,558 shares; 2008-1,729,264,859 shares) Par value	17	17
Capital in excess of par	43,681	43,396
Grantor trusts (at cost: 2009-38,742,261 shares; 2008-40,739,129 shares)	(667)	(702)
Treasury stock (at cost: 2009 and 2008-208,346,815 shares)	(16,211)	(16,211)
Accumulated other comprehensive income (loss)	3,065	(1,875)
Unearned employee compensation	(76)	(102)
Retained earnings	32,658	30,642
Total Common Stockholders' Equity	62,467	55,165
Noncontrolling interests	590	1,100
Total Equity	63,057	56,265
Total Liabilities and Equity	$ 152,588	$ 142,865

Consolidated Balance Sheet (Parenthetical)	Dec. 31, 2009 USD ($) shares	Dec. 31, 2008 USD ($) shares
Assets
Allowance for Doubtful Accounts \| $	$ 76,000,000	$ 61,000,000
Equity
Common stock, shares authorized	2,500,000,000	2,500,000,000
Common stock, par or stated value per share (dollars) \| $	$ 0.01	$ 0.01
Common stock, shares issued	1,733,345,558	1,729,264,859
Grantor trust, shares (at cost)	38,742,261	40,739,129
Treasury stock, shares (at cost)	208,346,815	208,346,815

Consolidated Statement of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 2007
Cash Flows From Operating Activities
Net income (loss)	$ 4,936	$ (16,928)	$ 11,978
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depreciation, depletion and amortization	9,295	9,012	8,298
Impairments	535	34,539	5,030
Dry hole costs and leasehold impairments	606	698	463
Accretion on discounted liabilities	422	418	341
Deferred taxes	(1,109)	(428)	(33)
Undistributed equity earnings	(1,704)	(1,609)	(1,823)
Gain on asset dispositions	(160)	(891)	(1,348)
Other	196	(1,134)	89
Working capital adjustments
Decrease (increase) in accounts and notes receivable	(1,106)	4,225	(2,492)
Decrease (increase) in inventories	320	(1,321)	767
Decrease (increase) in prepaid expenses and other current assets	282	(724)	487
Increase (decrease) in accounts payable	1,612	(3,874)	2,772
Increase (decrease) in taxes and other accruals	(1,646)	675	21
Net Cash Provided by Operating Activities	12,479	22,658	24,550
Cash Flows From Investing Activities
Capital expenditures and investments	(10,861)	(19,099)	(11,791)
Proceeds from asset dispositions	1,270	1,640	3,572
Long-term advances/loans-related parties	(525)	(163)	(682)
Collection of advances/loans-related parties	93	34	89
Other	88	(28)	250
Net Cash Used in Investing Activities	(9,935)	(17,616)	(8,562)
Cash Flows From Financing Activities
Issuance of debt	9,087	7,657	935
Repayment of debt	(7,858)	(1,897)	(6,454)
Issuance of company common stock	13	198	285
Repurchase of company common stock	0	(8,249)	(7,001)
Dividends paid on company common stock	(2,832)	(2,854)	(2,661)
Other	(1,265)	(619)	(444)
Net Cash Used in Financing Activities	(2,855)	(5,764)	(15,340)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	98	21	(9)
Net Change in Cash and Cash Equivalents	(213)	(701)	639
Cash and cash equivalents at beginning of year	755	1,456	817
Cash and Cash Equivalents at End of Year	$ 542	$ 755	$ 1,456

Consolidated Statement of Changes in Common Stockholders Equity - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 2007
Statement [Line Items]
Beginning Balance	$ 56,265	$ 90,156	$ 83,848
Net income (loss)	4,936	(16,928)	11,978
Other comprehensive income (loss)
Net prior service cost	7	22	63
Net actuarial gain (loss)	(99)	(950)	213
Nonsponsored plans	22	(41)	(2)
Foreign currency translation adjustments	5,007	(5,464)	3,075
Hedging activities	3	(2)	(4)
Comprehensive income (loss)	9,876	(23,363)	15,323
Initial application of SFAS No.158 - equity affiliate			(74)
Cash dividends paid on company common stock	(2,832)	(2,854)	(2,661)
Repurchase of company common stock		(8,241)	(6,994)
Distributions to noncontrolling interests and other	(588)	(143)	(116)
Distributed under benefit plans	320	700	829
Recognition of unearned compensation	26	26	20
Other	(10)	(16)	(19)
Ending Balance	63,057	56,265	90,156
Common Stock, Par Value
Statement [Line Items]
Beginning Balance	17	17	17
Other comprehensive income (loss)
Ending Balance	17	17	17
Common Stock, Capital in Excess of Par
Statement [Line Items]
Beginning Balance	43,396	42,724	41,926
Other comprehensive income (loss)
Distributed under benefit plans	285	672	798
Ending Balance	43,681	43,396	42,724
Common Stock, Treasury Stock
Statement [Line Items]
Beginning Balance	(16,211)	(7,969)	(964)
Other comprehensive income (loss)
Repurchase of company common stock		(8,242)	(7,005)
Ending Balance	(16,211)	(16,211)	(7,969)
Common Stock, Grantor Trusts
Statement [Line Items]
Beginning Balance	(702)	(731)	(766)
Other comprehensive income (loss)
Repurchase of company common stock		1	11
Distributed under benefit plans	35	28	31
Other			(7)
Ending Balance	(667)	(702)	(731)
Accum. Other Comprehensive Income (Loss)
Statement [Line Items]
Beginning Balance	(1,875)	4,560	1,289
Other comprehensive income (loss)
Net prior service cost	7	22	63
Net actuarial gain (loss)	(99)	(950)	213
Nonsponsored plans	22	(41)	(2)
Foreign currency translation adjustments	5,007	(5,464)	3,075
Hedging activities	3	(2)	(4)
Initial application of SFAS No.158 - equity affiliate			(74)
Ending Balance	3,065	(1,875)	4,560
Unearned Employee Compensation
Statement [Line Items]
Beginning Balance	(102)	(128)	(148)
Other comprehensive income (loss)
Recognition of unearned compensation	26	26	20
Ending Balance	(76)	(102)	(128)
Retained Earnings
Statement [Line Items]
Beginning Balance	30,642	50,510	41,292
Net income (loss)	4,858	(16,998)	11,891
Other comprehensive income (loss)
Cash dividends paid on company common stock	(2,832)	(2,854)	(2,661)
Other	(10)	(16)	(12)
Ending Balance	32,658	30,642	50,510
Comprehensive Income (Loss)
Statement [Line Items]
Beginning Balance	0	0	0
Net income (loss)	4,858	(16,998)	11,891
Other comprehensive income (loss)
Net prior service cost	7	22	63
Net actuarial gain (loss)	(99)	(950)	213
Nonsponsored plans	22	(41)	(2)
Foreign currency translation adjustments	5,007	(5,464)	3,075
Hedging activities	3	(2)	(4)
Comprehensive income (loss)	9,798	(23,433)	15,236
Ending Balance	0	0	0
Noncontrolling Interests
Statement [Line Items]
Beginning Balance	1,100	1,173	1,202
Net income (loss)	78	70	87
Other comprehensive income (loss)
Comprehensive income (loss)	78	70	87
Distributions to noncontrolling interests and other	(588)	(143)	(116)
Ending Balance	$ 590	$ 1,100	$ 1,173

Variable Interest Entities (VIEs)	12 Months Ended
Variable Interest Entities (VIEs)	Dec. 31, 2009
Variable Interest Entities (VIEs) [Abstract]
Note 3 - Variable Interest Entities (VIEs)	Note 3—Variable Interest Entities (VIEs) We hold significant variable interests in VIEs that have not been consolidated because we are not considered the primary beneficiary. Information on these VIEs follows. See Note 26—New Accounting Standards, for information affecting the accounting for VIEs effective January 1, 2010. We have a 30 percent ownership interest with a 50 percent governance interest in the OOO Naryanmarneftegaz (NMNG) joint venture to develop resources in the Timan-Pechora province of Russia. The NMNG joint venture is a VIE because we and a related party, OAO LUKOIL, have disproportionate interests. When related parties are involved in a VIE, reasonable judgment should take into account the relevant facts and circumstances for the determination of the primary beneficiary. The activities of NMNG are more closely aligned with LUKOIL because they share Russia as a home country, and LUKOIL conducts extensive exploration activities in the same province. Additionally, there are no financial guarantees given by LUKOIL or us, and LUKOIL owns 70 percent, versus our 30 percent direct interest. As a result, we have determined we are not the primary beneficiary of NMNG, and we use the equity method of accounting for this investment. The funding of NMNG has been provided with equity contributions, primarily for the development of the Yuzhno Khylchuyu (YK) Field. Initial production from YK was achieved in June 2008. At December 31, 2009, the book value of our investment in the venture was $1,647 million. Production from the NMNG joint venture fields is transported via pipeline to LUKOIL’s terminal at Varandey Bay on the Barents Sea and then shipped via tanker to international markets. LUKOIL completed an expansion of the terminal’s gross oil-throughput capacity from 30,000 barrels per day to 240,000 barrels per day, and we participated in the design and financing of the expansion. The terminal entity, Varandey Terminal Company, is a VIE because we and LUKOIL have disproportionate interests. We had an obligation to fund, through loans, 30 percent of the terminal’s expansion costs, but have no governance or direct ownership interest in the terminal. Similar to NMNG, we determined we are not the primary beneficiary for Varandey because of LUKOIL’s ownership, the activities are in LUKOIL’s home country, and LUKOIL is the operator of Varandey. We account for our loan to Varandey as a financial asset. Terminal expansion was completed in June 2008. Principal repayments began in April 2009. The loan balance outstanding as of December 31, 2009, at current exchange rates, was $278 million. We have an agreement with Freeport LNG Development, L.P. (Freeport LNG) to participate in a liquefied natural gas (LNG) receiving terminal in Quintana, Texas. We have no ownership in Freeport LNG; however, we own a 50 percent interest in Freeport LNG GP, Inc. (Freeport GP), which serves as the general partner managing the venture. We entered into a credit agreement with Freeport LNG, whereby we agreed to provide loan financing for the construction of the terminal. We also entered into a long-term agreement with Freeport LNG to use 0.9 billion cubic feet per day of regasification capacity. The terminal became operational in June 2008, and we began making payments under the terminal use agreement. Freeport LNG began making loan repayments in September 2008, and the loan balance outstanding as of December 31, 2009, was $707 million. Freeport LNG is a VIE because Freeport GP holds no equity in Freeport LNG, and the limited partners of Freeport LNG do not have any substantive decision making ability. We performed an analysis of the expected losses and determined we are not the primary beneficiary. This expected loss analysis took into account that the credit support arrangement requires Freeport LNG to maintain sufficient commercial insurance to mitigate any loan losses. The loan to Freeport LNG is accounted for as a financial asset, and our investment in Freeport GP is accounted for as an equity investment. In the third quarter of 2009, Ashford Energy Capital S.A. redeemed for $500 million, plus accrued dividends, the investment in Ashford held by Cold Spring Finance S.a.r.l. Accordingly, we wholly own Ashford, and it is no longer a VIE. Our ownership in Rockies Express Pipeline LLC, was previously reported as a VIE because a third party with no ownership interest had a 49 percent voting interest through the end of the construction phase of the pipeline. With completion of construction in November 2009, our ownership increased from 24 to 25 percent and is now aligned with our voting interest. Rockies Express Pipeline is no longer considered a VIE.

Assets Held for Sale	12 Months Ended
Assets Held for Sale	Dec. 31, 2009
Assets Held for Sale [Abstract]
Note 5 - Assets Held for Sale	Note 5—Assets Held for Sale At December 31, 2008, we classified $594 million of noncurrent assets, primarily properties, plants and equipment, and $92 million of noncurrent liabilities, primarily deferred taxes, as held for sale on the consolidated balance sheet. During 2009, we closed on the sale of a large part of our U.S. retail marketing assets, which included seller financing in the form of a $370 million five-year note and letters of credit totaling $54 million. In addition, we had other dispositions during the year and some assets were classified back into held for use. Also during 2009, we classified additional marketing assets as held for sale. Accordingly, at December 31, 2009, we classified $323 million of noncurrent assets, primarily investments in equity affiliates, as held for sale and most of this amount is included in “Prepaid expenses and other current assets.” We also classified $75 million of noncurrent deferred tax liabilities as current, based on their held for sale status.

Joint Venture Acquisition Obligation	12 Months Ended
Joint Venture Acquisition Obligation	Dec. 31, 2009
Joint Venture Acquisition Obligation [Abstract]
Note 13 - Joint Venture Acquisition Obligation	Note 13—Joint Venture Acquisition Obligation On January 3, 2007, we closed on a business venture with EnCana Corporation (now Cenovus). As a part of the transaction, we are obligated to contribute $7.5 billion, plus interest, over a 10-year period that began in 2007, to the upstream business venture, FCCL Partnership, formed as a result of the transaction. An initial cash contribution of $188 million was made upon closing in January of 2007, and was included in the “Capital expenditures and investments” line on our consolidated statement of cash flows. Quarterly principal and interest payments of $237 million began in the second quarter of 2007, and will continue until the balance is paid. Of the principal obligation amount, approximately $660 million was short-term and was included in the “Accounts payable—related parties” line on our December 31, 2009, consolidated balance sheet. The principal portion of these payments, which totaled $625 million in 2009, is included in the “Other” line in the financing activities section of our consolidated statement of cash flows. Interest accrues at a fixed annual rate of 5.3 percent on the unpaid principal balance. Fifty percent of the quarterly interest payment is reflected as a capital contribution and is included in the “Capital expenditures and investments” line on our consolidated statement of cash flows.

Contingencies and Commitments	12 Months Ended
Contingencies and Commitments	Dec. 31, 2009
Contingencies and Commitments [Abstract]
Note 15 - Contingencies and Commitments	Note 15—Contingencies and Commitments In the case of all known contingencies (other than those related to income taxes), we accrue a liability when the loss is probable and the amount is reasonably estimable. If a range of amounts can be reasonably estimated and no amount within the range is a better estimate than any other amount, then the minimum of the range is accrued. We do not reduce these liabilities for potential insurance or third-party recoveries. If applicable, we accrue receivables for probable insurance or other third-party recoveries. In the case of income-tax-related contingencies, we use a cumulative probability-weighted loss accrual in cases where sustaining a tax position is less than certain. See Note 20—Income Taxes, for additional information about income-tax-related contingencies. Based on currently available information, we believe it is remote that future costs related to known contingent liability exposures will exceed current accruals by an amount that would have a material adverse impact on our consolidated financial statements. As we learn new facts concerning contingencies, we reassess our position both with respect to accrued liabilities and other potential exposures. Estimates particularly sensitive to future changes include contingent liabilities recorded for environmental remediation, tax and legal matters. Estimated future environmental remediation costs are subject to change due to such factors as the uncertain magnitude of cleanup costs, the unknown time and extent of such remedial actions that may be required, and the determination of our liability in proportion to that of other responsible parties. Estimated future costs related to tax and legal matters are subject to change as events evolve and as additional information becomes available during the administrative and litigation processes. Environmental We are subject to federal, state and local environmental laws and regulations. These may result in obligations to remove or mitigate the effects on the environment of the placement, storage, disposal or release of certain chemical, mineral and petroleum substances at various sites. When we prepare our consolidated financial statements, we record accruals for environmental liabilities based on management’s best estimates, using all information that is available at the time. We measure estimates and base liabilities on currently available facts, existing technology, and presently enacted laws and regulations, taking into account stakeholder and business considerations. When measuring environmental liabilities, we also consider our prior experience in remediation of contaminated sites, other companies’ cleanup experience, and data released by the U.S. Environmental Protection Agency (EPA) or other organizations. We consider unasserted claims in our determination of environmental liabilities, and we accrue them in the period they are both probable and reasonably estimable. Although liability of those potentially responsible for environmental remediation costs is generally joint and several for federal sites and frequently so for state sites, we are usually only one of many companies cited at a particular site. Due to the joint and several liabilities, we could be responsible for all cleanup costs related to any site at which we have been designated as a potentially responsible party. If we were solely responsible, the costs, in some cases, could be material to our results of operations, capital resources or liquidity, or to those of one of our segments. However, settlements and costs incurred in matters that previously have been resolved have not been material to our results of operations or financial condition. We have been successful to date in sharing cleanup costs with other financially sound companies. Many of the sites at which we are potentially responsible are still under investigation by the EPA or the state agencies concerned. Prior to actual cleanup, those potentially responsible normally assess the site conditions, apportion responsibility and determine the appropriate remediation. In some instances, we may have no liability or may attain a settlement of liability. Where it appears that other potentially responsible parties may be financially unable to bear their proportional share, we consider this inability in estimating our potential liability, and we adjust our accruals accordingly. As a result of various acquisitions in the past, we assumed certain environmental obligations. Some of these environmental obligations are mitigated by indemnifications made by others for our benefit and some of the indemnifications are subject to dollar limits and time limits. We have not recorded accruals for any potential contingent liabilities that we expect to be funded by the prior owners under these indemnifications. We are currently participating in environmental assessments and cleanups at numerous federal Superfund and comparable state sites. After an assessment of environmental exposures for cleanup and other costs, we make accruals on an undiscounted basis (except those acquired in a purchase business combination, which we record on a discounted basis) for planned investigation and remediation activities for sites where it is probable future costs will be incurred and these costs can be reasonably estimated. We have not reduced these accruals for possible insurance recoveries. In the future, we may be involved in additional environmental assessments, cleanups and proceedings. See Note 11—Asset Retirement Obligations and Accrued Environmental Costs, for a summary of our accrued environmental liabilities. Legal Proceedings Our legal organization applies its knowledge, experience and professional judgment to the specific characteristics of our cases, employing a litigation management process to manage and monitor the legal proceedings against us. Our process facilitates the early evaluation and quantification of potential exposures in individual cases. This process also enables us to track those cases that have been scheduled for trial, as well as the pace of settlement discussions in individual matters. Based on professional judgment and experience in using these litigation management tools and available information about current developments in all our cases, our legal organization believes there is a remote likelihood future costs related to known contingent liability exposures will exceed current accruals by an amount that would have a material adverse impact on our consolidated financial statements. Other Contingencies We have contingent liabilities resulting from throughput agreements with pipeline and processing companies not associated with financing arrangements. Under these agreements, we may be required to provide any such company with additional funds through advances and penalties for fees related to throughput capacity not utilized. In addition, at December 31, 2009, we had performance obligations secured by letters of credit of $1,624 million (of which $40 million was issued under the provisions of our revolving credit facility, and the remainder was issued as direct bank letters of credit) related to various purchase commitments for materials, supplies, services and items of permanent investment incident to the ordinary conduct of business. See Note 10—Impairments, for additional information about expropriated assets in Ecuador and Venezuela and the contingencies related to receiving adequate compensation for our oil interests related to these assets. Long-Term Throughput Agreements and Take-or-Pay Agreements We have certain throughput agreements and take-or-pay agreements in support of financing arrangements. The agreements typically provide for natural gas or crude oil transportation to be used in the ordinary course of the company’s business. The aggregate amounts of estimated payments under these various agreements are: 2010—$88 million; 2011—$88 million; 2012—$84 million; 2013—$83 million; 2014—$84 million; and 2015 and after—$273 million. Total payments under the agreements were $77 million in 2009, $75 million in 2008 and $67 million in 2007.

New Accounting Standards	12 Months Ended
New Accounting Standards	Dec. 31, 2009
New Accounting Standards [Abstract]
Note 26 - New Accounting Standards	Note 26—New Accounting Standards In June 2009, the FASB issued SFAS No. 166, “Accounting for Transfers of Financial Assets, an amendment of FASB Statement No. 140.” This Statement was codified into FASB ASC Topic 860, “Transfers and Servicing.” This Statement removes the concept of a qualifying special purpose entity (SPE) and the exception for qualifying SPEs from the consolidation guidance. Additionally, the Statement clarifies the requirements for financial asset transfers eligible for sale accounting. This Statement is effective January 1, 2010, and is not expected to have a material impact on our consolidated financial statements. Also in June 2009, the FASB issued SFAS No. 167, “Amendments to FASB Interpretation No. 46(R),” to address the effects of the elimination of the qualifying SPE concept in SFAS No. 166, and other concerns about the application of key provisions of consolidation guidance for VIEs. This Statement was codified into FASB ASC Topic 810, “Consolidation.” More specifically, SFAS No. 167 requires a qualitative rather than a quantitative approach to determine the primary beneficiary of a VIE, it amends certain guidance pertaining to the determination of the primary beneficiary when related parties are involved, and it amends certain guidance for determining whether an entity is a VIE. Additionally, this Statement requires continuous assessments of whether an enterprise is the primary beneficiary of a VIE. This Statement is effective January 1, 2010, and is not expected to have a material impact on our consolidated financial statements.