v3.26.1
Variable Interest Entities (Consolidated VIE) (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 2,151 $ 3,672
Receivables, less allowance for expected credit loss 14,629 10,317
Inventories 10,764 10,129
Other current assets 1,154 662
Equity method investments 6,999 6,795
Property, plant and equipment, net 37,597 37,397
Goodwill 9,335 9,354
Intangibles, net 2,658 2,714
Right of use assets, net 1,507 1,493
Other noncurrent assets 1,393 1,422
Liabilities    
Accounts payable 17,617 12,974
Accrued taxes 1,632 1,484
Debt due within one year 2,119 2,371
Operating lease liabilities 501 489
Other current liabilities 1,334 1,253
Long-term debt 30,706 30,505
Deferred income taxes 5,995 5,984
Long-term operating lease liabilities 1,000 993
Deferred credits and other liabilities 1,417 1,536
Variable Interest Entity, Primary Beneficiary | MPLX    
Assets    
Cash and cash equivalents 1,506 2,137
Receivables, less allowance for expected credit loss 782 746
Inventories 178 172
Other current assets 62 51
Equity method investments 4,981 4,798
Property, plant and equipment, net 21,992 21,698
Goodwill 8,736 8,755
Intangibles, net 1,359 1,397
Right of use assets, net 268 276
Other noncurrent assets 1,161 1,126
Liabilities    
Accounts payable 1,076 865
Accrued taxes 73 93
Debt due within one year 1,251 1,502
Operating lease liabilities 53 53
Other current liabilities 370 403
Long-term debt 24,383 24,151
Deferred income taxes 25 25
Long-term operating lease liabilities 208 217
Deferred credits and other liabilities $ 455 $ 474