Stock Analysis on Net
Stock Analysis on Net

Marathon Petroleum Corp. (NYSE:MPC)

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Marathon Petroleum Corp., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income (loss) 11,172 16,050 11,001 (9,977) 3,255
Actuarial changes, net of tax (85) 122 276 (157) (147)
Prior service, net of tax (49) (52) 175 (34) (27)
Defined benefit plans (134) 70 451 (191) (174)
Other, net of tax 1 (1) (6) (1) (2)
Other comprehensive income (loss) (133) 69 445 (192) (176)
Comprehensive income (loss) 11,039 16,119 11,446 (10,169) 3,079
Comprehensive (income) loss attributable to noncontrolling interests (1,491) (1,534) (1,263) 151 (618)
Comprehensive income (loss) attributable to MPC 9,548 14,585 10,183 (10,018) 2,461

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Comprehensive income item Description The company
Net income (loss) attributable to MPC The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Marathon Petroleum Corp. net income (loss) attributable to MPC increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Comprehensive income (loss) attributable to MPC Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Marathon Petroleum Corp. comprehensive income (loss) attributable to MPC increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.