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Common-Size Income Statement
ConocoPhillips, common-size consolidated income statement
|Income statement item||Description||The company|
|Operating income (loss)||The net result for the period of deducting operating expenses from operating revenues.||ConocoPhillips’s operating income (loss) as a percentage of sales and other operating revenues increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.|
|Income (loss) before income taxes||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||ConocoPhillips’s income (loss) before income taxes as a percentage of sales and other operating revenues increased from 2017 to 2018 and from 2018 to 2019.|
|Net income (loss) attributable to ConocoPhillips||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||ConocoPhillips’s net income (loss) attributable to ConocoPhillips as a percentage of sales and other operating revenues increased from 2017 to 2018 and from 2018 to 2019.|