v3.25.2
Sales and Other Operating Revenues (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
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

2025202420252024
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
2025202420252024
Revenue from Contracts Outside the Scope of ASC Topic 606 by Segment
Lower 48
$1,154 743 2,654 2,002 
Canada159 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 

Millions of Dollars

Three Months Ended
June 30
Six Months Ended
June 30
2025202420252024
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