Schedule of Disaggregation of Revenue |
The following table provides further disaggregation of our consolidated sales and other operating revenues: | | | | | | | | | | | | | | |
| Millions of Dollars |
| Three Months Ended June 30 | Six Months Ended June 30 |
| 2025 | 2024 | 2025 | 2024 | Revenue from contracts with customers | $ | 12,621 | | 12,660 | | 27,100 | | 24,967 | | Revenue from contracts outside the scope of ASC Topic 606 | | | | | Physical contracts meeting the definition of a derivative | 1,445 | | 1,003 | | 3,415 | | 2,568 | | Financial derivative contracts | (62) | | (43) | | 6 | | (67) | | Consolidated sales and other operating revenues | $ | 14,004 | | 13,620 | | 30,521 | | 27,468 | |
The following disaggregation of revenues is provided in conjunction with Note 18—Segment Disclosures and Related Information: | | | | | | | | | | | | | | | | Millions of Dollars | | Three Months Ended June 30 | Six Months Ended June 30 | | 2025 | 2024 | 2025 | 2024 | Revenue from Contracts Outside the Scope of ASC Topic 606 by Segment | | | | | Lower 48 | $ | 1,154 | | 743 | | 2,654 | | 2,002 | | Canada | 159 | | 91 | | 374 | | 308 | | Europe, Middle East and North Africa | 132 | | 169 | | 387 | | 258 | | Physical contracts meeting the definition of a derivative | $ | 1,445 | | 1,003 | | 3,415 | | 2,568 | |
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| Millions of Dollars |
| Three Months Ended June 30 | Six Months Ended June 30 | | 2025 | 2024 | 2025 | 2024 | Revenue from Contracts Outside the Scope of ASC Topic 606 by Product | | | | | Crude oil | $ | 48 | | 53 | | 157 | | 53 | | Natural gas | 1,117 | | 715 | | 2,763 | | 1,914 | | Other | 280 | | 235 | | 495 | | 601 | | Physical contracts meeting the definition of a derivative | $ | 1,445 | | 1,003 | | 3,415 | | 2,568 | |
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