v3.25.2
SEGMENTS - OTHER SEGMENT EXPENSES (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Information        
Net sales $ 6,414 $ 6,817 $ 13,217 $ 12,792
Gains (losses) on sale of assets and other, net (2) 28 (21) 27
Total 6,456 6,879 13,299 12,889
Oil and gas lease operating expense 1,135 1,179 2,352 2,340
Transportation and gathering expense 409 405 822 758
Other operating and non-operating expense 497 344 889 754
Taxes other than on income 269 265 533 500
Cost of sales 847 910 1,648 1,738
Depreciation, depletion and amortization 1,936 1,775 3,853 3,468
Total 5,742 5,486 11,392 10,787
Income before income taxes and other items 714 1,393 1,907 2,102
Income from equity investments and other 24 242 163 543
Income from continuing operations before income taxes 738 1,635 2,070 2,645
Other Operating Segments And Intersegment Eliminations | Oil and gas        
Segment Information        
Net sales 5,009 5,469 10,692 10,384
Gains (losses) on sale of assets and other, net (2) 7 (8) 10
Total 5,007 5,476 10,684 10,394
Oil and gas lease operating expense 1,135 1,179 2,352 2,340
Transportation and gathering expense 403 400 810 748
Other operating and non-operating expense 357 233 601 507
Taxes other than on income 262 263 522 495
Depreciation, depletion and amortization 1,718 1,573 3,420 3,070
Other segment expenses 187 183 337 337
Total 4,062 3,831 8,042 7,497
Income before income taxes and other items 945 1,645 2,642 2,897
Income from equity investments and other (11) (6) (11) (20)
Income from continuing operations before income taxes 934 1,639 2,631 2,877
Other Operating Segments And Intersegment Eliminations | Chemical        
Segment Information        
Net sales 1,227 1,274 2,415 2,460
Gains (losses) on sale of assets and other, net 6 7 18 12
Total 1,233 1,281 2,433 2,472
Cost of sales 913 868 1,783 1,688
Depreciation, depletion and amortization 94 91 188 178
Other segment expenses 41 54 117 108
Total 1,048 1,013 2,088 1,974
Income before income taxes and other items 185 268 345 498
Income from equity investments and other 28 28 53 52
Income from continuing operations before income taxes 213 296 398 550
Other Operating Segments And Intersegment Eliminations | Midstream and marketing        
Segment Information        
Net sales 426 282 629 381
Gains (losses) on sale of assets and other, net 38 69 64 96
Total 464 351 693 477
Other operating and non-operating expense 98 63 183 151
Cost of sales 199 280 412 531
Depreciation, depletion and amortization 88 82 175 166
Other segment expenses 37 30 72 57
Total 422 455 842 905
Income before income taxes and other items 42 (104) (149) (428)
Income from equity investments and other 7 220 121 511
Income from continuing operations before income taxes 49 116 (28) 83
Operating segments | Oil and gas        
Segment Information        
Income from continuing operations before income taxes 934 1,639 2,631 2,877
Operating segments | Chemical        
Segment Information        
Income from continuing operations before income taxes 213 296 398 550
Operating segments | Midstream and marketing        
Segment Information        
Income from continuing operations before income taxes 49 116 (28) 83
Corporate and eliminations        
Segment Information        
Income from continuing operations before income taxes $ (182) $ (164) $ (337) $ (329)