Property, Plant and Equipment (PP&E)

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment (PP&E)


						March 31, 2026																		December 31, 2025
(Millions of dollars)						Gross PP&E						Accumulated Depreciation						Net PP&E						Gross PP&E						Accumulated Depreciation						Net PP&E
Refining & Marketing						$	34,659					$	20,810					$	13,849					$	34,372					$	20,462					$	13,910
Midstream						34,669						12,015						22,654						34,057						11,690						22,367
Renewable Diesel						970						411						559						970						396						574
Corporate						1,615						1,080						535						1,610						1,064						546
Total						$	71,913					$	34,316					$	37,597					$	71,009					$	33,612					$	37,397