1. Significant Items Affecting Comparability of Core Results
2007 2008
2004 2005 2006 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Total Qtr 1 Qtr 2 Qtr 3 Qtr 4 Total
OIL & GAS
Exploration asset write-offs (101) (118) (49) (9) (2) (64) (8) (83) (15) (15) (23) (44) (97)
Insurance and litigation adjustments (6) - 6 - - - - - - - - - -
Foreign Currency Exchange Gains/(Losses) (12) (4) (4) (4) (11) (8) 4 (19) (3) (3) 11 70 75
(119) (122) (47) (13) (13) (72) (4) (102) (18) (18) (12) 26 (22)
CHEMICALS
Asset idling and impairments (12) - - - - - - - - - - - -
Insurance and litigation adjustments (2) - - - - - - - - - - - -
Foreign Currency Exchange Gains/(Losses) 4 (5) (1) (1) 1 - 1 1 1 (1) (2) (8) (10)
(10) (5) (1) (1) 1 - 1 1 1 (1) (2) (8) (10)
MIDSTREAM
Foreign Currency Exchange Gains/(Losses) - - - - - - - - 1 - (1) 1 1
- - - - - - - - 1 - (1) 1 1
CORPORATE
Insurance and litigation adjustments (16) - - - - - - - - - - - -
Environmental remediation (59) (62) (47) (8) (6) (10) (36) (60) (4) (26) 2 - (28)
Lyondell equity results (a) 14 98 42 - - - - - - - - - -
Lyondell warrants MTM adjustment 27 (19) (1) - - - - - - - - - -
Foreign Currency Exchange Gains/(Losses) - - - - - - - - - - - 25 25
Interest - early debt extinguishments (6) - - - - - - - - - - - -
(40) 17 (6) (8) (6) (10) (36) (60) (4) (26) 2 25 (3)
Total significant items included in reported earnings (169) (110) (54) (22) (18) (82) (39) (161) (20) (45) (13) 44 (34)
(a) The 2005 amount excludes ($15) impairment and ($2) hurricane related insurance charge which are reported on slide #12 - significant items