1, Prior service cost/credit in accumulated other comprehensive income (i.e., AOCI-PSC):

a. What is the ending balance (HINT: p. 119) of AOCI-PSC (not AOCI-G/L) for the US defined

benefit pensions plans at 12/31/16? Is this balance a debit or credit in AOCI?

b. How much of the ending AOCI-PSC for the US defined benefit pension plans does COP report will be amortized into pension expense during 2017? (Hint: p. 120) Will that amortization increase or decrease COPs 2017 pension expense?

c. What is the ending balance (HINT: p. 119) of AOCI-PSC (not AOCI-G/L) for the International

defined benefit pensions plans at 12/31/16? Is this balance a debit or credit in AOCI?

d. How much of the ending AOCI-PSC for the International defined benefit pension plans does COP report will be amortized into pension expense during 2017? (Hint: p. 120) Will that amortization increase or decrease COPs 2017 pension expense?

2, Actuarial gain or loss in accumulated other comprehensive income (i.e., AOCI-G/L):

a. What is the ending balance (HINT: p. 119) of AOCI-G/L (not AOCI-PSC) for the US defined

benefit pensions plans at 12/31/16? Is this balance a net loss or a net gain?

b. How much of the ending AOCI-G/L for the US defined benefit pension plans does COP report will be amortized into pension expense during 2017? (Hint: p. 120) Will that amortization increase or decrease COPs 2017 net income?

Millions of Dollars Other fits 2015 2016 2015 2016 Int Amounts Recognized in the Consolidated Balance Sheet at December 31 Noncurrent assets Current liabilities Noncurrent liabilities Total recognized 164 175 (7 (99) 34) 44) 45) 1,234) (534 1,067) 399) 242) (307) S (1,335) (377) (1.166 (258) (286 352) (101) Weighted-Average Assumptions Used to Determine Benefit Obligations at December 31 Discount rate Rate of 3.95 % 3.00 4.50 3.95 3.60 3.90 4.00 increase 3,85 4.00 4.05 Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost for Years Ended December 31 Discount rate Expected return on plan assets Rate of c 3.90 % 3.95 4.00 3.55 3.75 4.05 7.00 4.00 5.45 7.00 5.40 4.05 4.75 4.35 For both U.S. and international pensions, the overall expected long-term rate of return is developed from the expected future return of each asset class, weighted by the expected allocation of pension assets to that asset class. We rely on a variety of independent market forecasts in developing the expected rate of return for each class of assets. Included in accumulated other comprehensive income (loss) at December 31 were the following before-tax amounts that had not been recognized in net periodic benefit cost: Millions of Dollars Other 2016 2015 2016 2015 Int l Unrecognized net actuarial (gain) loss S 748 773 273 (30) (27) 18) 479 nized cost (credit) Millions of Dollars Other fits 2015 2016 2015 2016 Int Amounts Recognized in the Consolidated Balance Sheet at December 31 Noncurrent assets Current liabilities Noncurrent liabilities Total recognized 164 175 (7 (99) 34) 44) 45) 1,234) (534 1,067) 399) 242) (307) S (1,335) (377) (1.166 (258) (286 352) (101) Weighted-Average Assumptions Used to Determine Benefit Obligations at December 31 Discount rate Rate of 3.95 % 3.00 4.50 3.95 3.60 3.90 4.00 increase 3,85 4.00 4.05 Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost for Years Ended December 31 Discount rate Expected return on plan assets Rate of c 3.90 % 3.95 4.00 3.55 3.75 4.05 7.00 4.00 5.45 7.00 5.40 4.05 4.75 4.35 For both U.S. and international pensions, the overall expected long-term rate of return is developed from the expected future return of each asset class, weighted by the expected allocation of pension assets to that asset class. We rely on a variety of independent market forecasts in developing the expected rate of return for each class of assets. Included in accumulated other comprehensive income (loss) at December 31 were the following before-tax amounts that had not been recognized in net periodic benefit cost: Millions of Dollars Other 2016 2015 2016 2015 Int l Unrecognized net actuarial (gain) loss S 748 773 273 (30) (27) 18) 479 nized cost (credit)