v3.26.1
Properties, Plants and Equipment (Tables)
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Schedule of Properties, Plants and Equipment with Associated Accumulated Depreciation and Amortization
Our investment in PP&E and the associated accumulated depreciation and amortization (Accum. D&A) balances were as follows:

Millions of Dollars
June 30, 2026December 31, 2025
Gross
PP&E
Accum.
D&A
  Net
PP&E
Gross
PP&E
Accum.
D&A
Net
PP&E
Midstream$30,851 6,391 24,460 29,558 5,771 23,787 
Chemicals   — — — 
Refining22,880 10,940 11,940 25,955 13,685 12,270 
Marketing and Specialties1,038 562 476 1,014 543 471 
Renewable Fuels3,792 1,813 1,979 3,772 1,762 2,010 
Corporate and Other4,598 3,804 794 1,492 933 559 
$63,159 23,510 39,649 61,791 22,694 39,097