Consolidated Balance Sheet - USD ($) |
Jun. 30, 2025 |
Dec. 31, 2024 |
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Assets | ||
Cash and cash equivalents | $ 4,901,000,000 | $ 5,607,000,000 |
Short-term investments | 439,000,000 | 507,000,000 |
Accounts and notes receivable (net of allowance of $6 and $7, respectively) | 5,701,000,000 | 6,695,000,000 |
Inventories | 1,897,000,000 | 1,809,000,000 |
Prepaid expenses and other current assets | 1,001,000,000 | 1,029,000,000 |
Total Current Assets | 13,939,000,000 | 15,647,000,000 |
Investments and long-term receivables | 10,361,000,000 | 9,869,000,000 |
Net properties, plants and equipment (net of accumulated DD&A of $86,487 and $81,072, respectively) | 95,242,000,000 | 94,356,000,000 |
Other assets | 3,057,000,000 | 2,908,000,000 |
Total Assets | 122,599,000,000 | 122,780,000,000 |
Liabilities | ||
Accounts payable | 6,517,000,000 | 6,044,000,000 |
Short-term debt | 414,000,000 | 1,035,000,000 |
Accrued income and other taxes | 1,742,000,000 | 2,460,000,000 |
Employee benefit obligations | 710,000,000 | 1,087,000,000 |
Other accruals | 1,603,000,000 | 1,498,000,000 |
Total Current Liabilities | 10,986,000,000 | 12,124,000,000 |
Long-term debt | 23,115,000,000 | 23,289,000,000 |
Asset retirement obligations and accrued environmental costs | 8,225,000,000 | 8,089,000,000 |
Deferred income taxes | 11,766,000,000 | 11,426,000,000 |
Employee benefit obligations | 999,000,000 | 1,022,000,000 |
Other liabilities and deferred credits | 1,936,000,000 | 2,034,000,000 |
Total Liabilities | 57,027,000,000 | 57,984,000,000 |
Equity | ||
Par value | 23,000,000 | 23,000,000 |
Capital in excess of par | 77,643,000,000 | 77,529,000,000 |
Treasury stock (at cost: 2025—1,003,536,736 shares; 2024—974,806,010 shares) | (73,899,000,000) | (71,152,000,000) |
Accumulated other comprehensive income (loss) | (5,902,000,000) | (6,473,000,000) |
Retained earnings | 67,707,000,000 | 64,869,000,000 |
Total Equity | 65,572,000,000 | 64,796,000,000 |
Total Liabilities and Equity | $ 122,599,000,000 | $ 122,780,000,000 |
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- Definition Non current portion of the carrying amount of a liability for an asset retirement obligation, as well as the carrying value of an obligation (known or estimated) arising from requirements to perform activities to remediate one of more sites, payable after twelve months or beyond the next operating cycle if longer. No definition available.
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- Definition Amount, after allowance for credit loss, of accounts and financing receivable. Includes, but is not limited to, notes and loan receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after tax, of accumulated increase (decrease) in equity from transaction and other event and circumstance from nonowner source. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of asset recognized for present right to economic benefit, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cash and cash equivalent. Cash includes, but is not limited to, currency on hand, demand deposit with financial institution, and account with general characteristic of demand deposit. Cash equivalent includes, but is not limited to, short-term, highly liquid investment that is both readily convertible to known amount of cash and so near maturity that it presents insignificant risk of change in value because of change in interest rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of debt and lease obligation, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total carrying amount as of the balance sheet date of unearned revenue or income, not otherwise specified in the taxonomy, which is expected to be taken into income in future periods and obligations not separately disclosed in the balance sheet (other liabilities). No definition available.
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- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences with jurisdictional netting. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of long-term debt and lease obligation, classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle) and amount due to the Entity from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such investments and receivables to an amount that approximates their net realizable value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of noncurrent assets classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of liabilities classified as other, due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liability, recognized in statement of financial position, for defined benefit pension and other postretirement plans, classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after accumulated depreciation and amortization, of property, plant, and equipment and finance lease right-of-use asset. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of accumulated undistributed earnings (deficit). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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