v3.26.1
Consolidated Statements of Equity and Redeemable Noncontrolling Interest (Consolidated Statements of Equity) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Beginning balance at Dec. 31, 2024 $ 24,303 $ 10 $ (52,623) $ 33,624 $ 36,848 $ (114) $ 6,558
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 346       (74)   420
Dividends declared on common stock (285)       (285)    
Distributions to noncontrolling interests (364)           (364)
Other comprehensive income (loss) 5         5  
Shares repurchased (1,039)   (1,039)        
Share-based compensation 16     19 0   (3)
Equity transactions of MPLX 83     25 0   58
Ending balance at Mar. 31, 2025 23,065 10 (53,662) 33,668 36,489 (109) 6,669
Beginning balance at Dec. 31, 2025 24,086 10 (56,027) 33,685 39,751 (105) 6,772
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 851       511   340
Dividends declared on common stock (295)       (295)    
Distributions to noncontrolling interests (407)           (407)
Other comprehensive income (loss) (3)         (3)  
Shares repurchased (756)   (756)        
Share-based compensation (7)     (3) (1)   (3)
Equity transactions of MPLX (42)     (14)     (28)
Ending balance at Mar. 31, 2026 $ 23,427 $ 10 $ (56,783) $ 33,668 $ 39,966 $ (108) $ 6,674