v3.25.2
Financial and Derivative Instruments - Effect of Derivatives Not Designated On Hedging Instruments (Details) - Commodity - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Consolidated Statement of Income: The Effect of Derivatives not Designated as Hedging Instruments        
Derivative instruments not designated as hedging instruments, gain (loss), net $ 66 $ (49) $ (128) $ (258)
Sales and other operating revenues        
Consolidated Statement of Income: The Effect of Derivatives not Designated as Hedging Instruments        
Derivative instruments not designated as hedging instruments, gain (loss), net 86 (82) (58) (240)
Purchased crude oil and products        
Consolidated Statement of Income: The Effect of Derivatives not Designated as Hedging Instruments        
Derivative instruments not designated as hedging instruments, gain (loss), net (19) 25 (63) (39)
Other income (loss)        
Consolidated Statement of Income: The Effect of Derivatives not Designated as Hedging Instruments        
Derivative instruments not designated as hedging instruments, gain (loss), net $ (1) $ 8 $ (7) $ 21