Non-operating items and fair value accounting effects for the first quarter had a net $4 million unfavorable impact compared to a net $36 million favorable impact in the first quarter of 2007.
Non-operating items for the first quarter included a pre-tax charge of $307 million for restructuring, integration and rationalization costs associated with BP’s forward agenda.
Net cash provided by operating activities for the quarter was $10.9 billion, compared with $8 billion for the same period of 2007.
