v3.26.1
Variable Interest Entities (Consolidated VIE) (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 7,768 $ 3,672
Receivables, less allowance for expected credit loss 15,740 10,317
Inventories 9,973 10,129
Other current assets 805 662
Equity method investments 7,197 6,795
Property, plant and equipment, net 37,942 37,397
Goodwill 9,335 9,354
Intangibles, net 2,593 2,714
Right of use assets, net 1,486 1,493
Other noncurrent assets 1,471 1,422
Liabilities    
Accounts payable 19,227 12,974
Accrued taxes 2,427 1,484
Debt due within one year 2,120 2,371
Operating lease liabilities 499 489
Other current liabilities 2,325 1,253
Long-term debt 30,696 30,505
Deferred income taxes 5,953 5,984
Long-term operating lease liabilities 977 993
Deferred credits and other liabilities 2,255 1,536
Variable Interest Entity, Primary Beneficiary | MPLX    
Assets    
Cash and cash equivalents 1,031 2,137
Receivables, less allowance for expected credit loss 683 746
Inventories 200 172
Other current assets 41 51
Equity method investments 5,149 4,798
Property, plant and equipment, net 22,645 21,698
Goodwill 8,736 8,755
Intangibles, net 1,320 1,397
Right of use assets, net 261 276
Other noncurrent assets 1,192 1,126
Liabilities    
Accounts payable 1,046 865
Accrued taxes 97 93
Debt due within one year 1,251 1,502
Operating lease liabilities 53 53
Other current liabilities 432 403
Long-term debt 24,389 24,151
Deferred income taxes 25 25
Long-term operating lease liabilities 202 217
Deferred credits and other liabilities $ 480 $ 474