v3.26.1
Segment Information - Schedule of Segment Reporting Information (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Sales and other revenues $ 10,390 $ 6,784 $ 17,513 $ 13,154
Cost of sales:        
Cost of materials and other [1],[2] 8,133 5,440 14,113 10,916
Lower of cost or market inventory valuation adjustments [1] 30 148 (642) 31
Operating expenses [1] 654 572 1,278 1,168
Total cost of sales [1] 8,817 6,160 14,749 12,115
Selling, general and administrative expenses [1] 130 114 245 218
Depreciation and amortization 228 226 457 451
Other operating expenses, net (Note 4) 47 9 47 14
Income (loss) from operations 1,168 275 2,015 356
Earnings of equity method investments 6 10 14 21
Interest income 15 7 25 16
Interest expense (20) (53) (61) (102)
Other income (expense), net 3 7 18 (46)
Income before income taxes 1,172 246 2,011 245
Capital expenditures 118 111 220 197
Corporate, Other and Eliminations        
Segment Reporting [Line Items]        
Sales and other revenues (1,860) (1,121) (2,954) (2,072)
Corporate, Non-Segment        
Segment Reporting [Line Items]        
Sales and other revenues 0 0 0 0
Cost of sales:        
Cost of materials and other (1,861) (1,121) (2,956) (2,073)
Lower of cost or market inventory valuation adjustments 0 0 0 0
Operating expenses 2 1 3 3
Total cost of sales (1,859) (1,120) (2,953) (2,070)
Selling, general and administrative expenses 11 8 16 12
Depreciation and amortization 15 18 29 36
Other operating expenses, net (Note 4) 0 0 0 0
Income (loss) from operations (27) (27) (46) (50)
Capital expenditures 5 6 6 9
Intersegment Eliminations        
Segment Reporting [Line Items]        
Sales and other revenues (1,860) (1,121) (2,954) (2,072)
Refining        
Segment Reporting [Line Items]        
Sales and other revenues 7,747 5,158 13,186 10,081
Refining | Operating Segments        
Segment Reporting [Line Items]        
Sales and other revenues 9,228 6,019 15,499 11,670
Cost of sales:        
Cost of materials and other 7,649 5,045 13,340 10,185
Lower of cost or market inventory valuation adjustments 0 172 (604) 56
Operating expenses 491 441 959 902
Total cost of sales 8,140 5,658 13,695 11,143
Selling, general and administrative expenses 65 52 122 106
Depreciation and amortization 146 134 291 271
Other operating expenses, net (Note 4) 0 9 0 14
Income (loss) from operations 877 166 1,391 136
Capital expenditures 69 71 133 130
Refining | Intersegment Eliminations        
Segment Reporting [Line Items]        
Sales and other revenues (1,481) (861) (2,313) (1,589)
Renewables        
Segment Reporting [Line Items]        
Sales and other revenues 243 131 451 225
Renewables | Operating Segments        
Segment Reporting [Line Items]        
Sales and other revenues 486 258 820 448
Cost of sales:        
Cost of materials and other 339 238 517 421
Lower of cost or market inventory valuation adjustments 30 (24) (38) (25)
Operating expenses 23 22 45 45
Total cost of sales 392 236 524 441
Selling, general and administrative expenses 1 0 2 1
Depreciation and amortization 16 26 35 49
Other operating expenses, net (Note 4) 47 0 47 0
Income (loss) from operations 30 (4) 212 (43)
Capital expenditures 1 0 2 1
Renewables | Intersegment Eliminations        
Segment Reporting [Line Items]        
Sales and other revenues (243) (127) (369) (223)
Marketing        
Segment Reporting [Line Items]        
Sales and other revenues 1,370 826 2,162 1,512
Marketing | Operating Segments        
Segment Reporting [Line Items]        
Sales and other revenues 1,370 826 2,162 1,512
Cost of sales:        
Cost of materials and other 1,332 792 2,088 1,444
Lower of cost or market inventory valuation adjustments 0 0 0 0
Operating expenses 0 0 0 0
Total cost of sales 1,332 792 2,088 1,444
Selling, general and administrative expenses 10 9 18 16
Depreciation and amortization 8 7 16 14
Other operating expenses, net (Note 4) 0 0 0 0
Income (loss) from operations 20 18 40 38
Capital expenditures 25 11 43 16
Marketing | Intersegment Eliminations        
Segment Reporting [Line Items]        
Sales and other revenues 0 0 0 0
Lubricants & Specialties        
Segment Reporting [Line Items]        
Sales and other revenues 998 641 1,651 1,278
Lubricants & Specialties | Operating Segments        
Segment Reporting [Line Items]        
Sales and other revenues 999 645 1,653 1,283
Cost of sales:        
Cost of materials and other 674 486 1,124 939
Lower of cost or market inventory valuation adjustments 0 0 0 0
Operating expenses 78 63 152 127
Total cost of sales 752 549 1,276 1,066
Selling, general and administrative expenses 41 43 83 79
Depreciation and amortization 25 22 49 44
Other operating expenses, net (Note 4) 0 0 0 0
Income (loss) from operations 181 31 245 94
Capital expenditures 7 11 13 20
Lubricants & Specialties | Intersegment Eliminations        
Segment Reporting [Line Items]        
Sales and other revenues (1) (4) (2) (5)
Midstream        
Segment Reporting [Line Items]        
Sales and other revenues 32 28 63 58
Midstream | Operating Segments        
Segment Reporting [Line Items]        
Sales and other revenues 167 157 333 313
Cost of sales:        
Cost of materials and other 0 0 0 0
Lower of cost or market inventory valuation adjustments 0 0 0 0
Operating expenses 60 45 119 91
Total cost of sales 60 45 119 91
Selling, general and administrative expenses 2 2 4 4
Depreciation and amortization 18 19 37 37
Other operating expenses, net (Note 4) 0 0 0 0
Income (loss) from operations 87 91 173 181
Capital expenditures 11 12 23 21
Midstream | Intersegment Eliminations        
Segment Reporting [Line Items]        
Sales and other revenues $ (135) $ (129) $ (270) $ (255)
[1] Exclusive of Depreciation and amortization.
[2] Exclusive of Lower of cost or market inventory valuation adjustments.