The selected financial data for the five-year period ended December 31, 2016 was derived from our audited financial statements. The following table should be read together with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and with the historical financial statements and accompanying notes included in Item 8, “Financial Statements and Supplementary Data.”
The following summaries are in millions of dollars, except for per share amounts:
Year Ended December 31,
2016 (a)
2015 (b)
2014
2013 (c)
2012
Operating revenues
$
75,659
$
87,804
$
130,844
$
138,074
$
138,393
Income from continuing operations
2,417
4,101
3,775
2,722
3,114
Earnings per common share from continuing operations – assuming dilution
4.94
7.99
6.97
4.96
5.61
Dividends per common share
2.40
1.70
1.05
0.85
0.65
Total assets (d)
46,173
44,227
45,355
46,957
44,163
Debt and capital lease obligations, less current portion (d)
7,886
7,208
5,747
6,224
6,423
(a)
Includes a noncash lower of cost or market inventory valuation reserve adjustment that resulted in a net benefit to our results of operations of $747 million as described in Note 4 of Notes to Consolidated Financial Statements.
(b)
Includes a noncash lower of cost or market inventory valuation adjustment that resulted in a net charge to our results of operations of $790 million.
(c)
Includes the operations of our retail business prior to its separation from us on May 1, 2013.
(d)
Amounts reported as of December 31, 2015, 2014, 2013, and 2012 have been reclassified to reflect the retrospective adoption of certain amendments to the Accounting Standards Codification as of January 1, 2016 as described in Note 1 of Notes to Consolidated Financial Statements.
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