v3.25.2
SEGMENT INFORMATION - Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Segment operating revenues $ 978 $ 514 $ 1,890 $ 968
Operating costs:        
Energy operating costs 78 41 181 94
Gas processing costs 5 3 9 7
Non-energy operating costs 212 112 421 231
General and administrative expenses 79 63 151 120
Depreciation, depletion and amortization 128 53 259 106
Taxes other than on income 47 39 117 77
Interest expense 25 17 52 30
Loss from investment in unconsolidated subsidiaries 0 4 1 7
Other segment expenses 61 68 122 111
Segment profit or (loss) 267 38 453 34
Other profit or loss (59) (26) (71) (47)
Unallocated amounts (104) 33 (102) 126
Income before income taxes 242 11 404 (8)
Operating Segments        
Segment Reporting Information [Line Items]        
Segment operating revenues 714 418 1,544 854
Operating Segments | Total Reportable Segments        
Segment Reporting Information [Line Items]        
Segment operating revenues 714 418 1,544 854
Operating costs:        
Energy operating costs 85 44 196 100
Gas processing costs 5 3 9 7
Non-energy operating costs 212 112 421 231
General and administrative expenses 12 12 27 23
Depreciation, depletion and amortization 121 47 247 96
Taxes other than on income 41 33 100 65
Interest expense 2 2 5 3
Loss from investment in unconsolidated subsidiaries 1 4 2 7
Other segment expenses 61 68 122 111
Segment profit or (loss) 174 93 415 211
Operating Segments | Oil and Natural Gas        
Segment Reporting Information [Line Items]        
Segment operating revenues 714 418 1,544 854
Operating costs:        
Energy operating costs 85 44 196 100
Gas processing costs 5 3 9 7
Non-energy operating costs 212 112 421 231
General and administrative expenses 9 9 21 18
Depreciation, depletion and amortization 121 47 247 96
Taxes other than on income 41 33 100 65
Interest expense 0 0 0 0
Loss from investment in unconsolidated subsidiaries 0 0 0 0
Other segment expenses 47 53 90 88
Segment profit or (loss) 194 117 460 249
Operating Segments | Carbon Management        
Segment Reporting Information [Line Items]        
Segment operating revenues 0 0 0 0
Operating costs:        
Energy operating costs 0 0 0 0
Gas processing costs 0 0 0 0
Non-energy operating costs 0 0 0 0
General and administrative expenses 3 3 6 5
Depreciation, depletion and amortization 0 0 0 0
Taxes other than on income 0 0 0 0
Interest expense 2 2 5 3
Loss from investment in unconsolidated subsidiaries 1 4 2 7
Other segment expenses 14 15 32 23
Segment profit or (loss) (20) (24) (45) (38)
Reconciliation (Income)/Expense        
Operating costs:        
Energy operating costs (7) (3) (15) (6)
Gas processing costs 0 0 0 0
Non-energy operating costs 0 0 0 0
General and administrative expenses 67 51 124 97
Depreciation, depletion and amortization 7 6 12 10
Taxes other than on income 6 6 17 12
Interest expense 23 15 47 27
Loss from investment in unconsolidated subsidiaries (1) 0 (1) 0
Other segment expenses 0 0 0 0
Other profit or loss (59) (26) (71) (47)
Unallocated amounts $ (104) $ 33 $ (102) $ 126