v3.26.1
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 4,099 $ 1,116
Inventories 5,922 5,097
Prepaid expenses and other current assets 2,483 1,287
Total Current Assets 24,221 17,271
Investments and long-term receivables 12,347 11,905
Net properties, plants and equipment 39,649 39,097
Goodwill 1,433 1,433
Intangibles 955 978
Other assets 3,205 2,996
Total Assets 81,810 73,680
Liabilities    
Short-term debt 1,797 1,038
Accrued income and other taxes 2,012 1,362
Employee benefit obligations 497 680
Other accruals 1,999 1,379
Total Current Liabilities 18,354 13,326
Long-term debt 18,768 18,678
Asset retirement obligations and accrued environmental costs 1,082 1,022
Deferred income taxes 7,448 7,308
Employee benefit obligations 592 573
Other liabilities and deferred credits 2,863 2,532
Total Liabilities 49,107 43,439
Equity    
Common stock (2,500,000,000 shares authorized at $0.01 par value) Issued (2025—659,131,505 shares; 2024—656,987,861 shares) Par value 7 7
Capital in excess of par 20,063 19,948
Treasury stock (at cost: 2026—262,154,856 shares; 2025—258,252,603 shares) (24,578) (23,934)
Retained earnings 36,270 33,239
Accumulated other comprehensive loss (256) (167)
Total Stockholders’ Equity 31,506 29,093
Noncontrolling interests 1,197 1,148
Total Equity 32,703 30,241
Total Liabilities and Equity 81,810 73,680
Nonrelated Party    
Assets    
Accounts and financing receivable, after allowance for credit loss, current 11,052 9,158
Liabilities    
Accounts payable, current 11,643 8,581
Related Party    
Assets    
Accounts and financing receivable, after allowance for credit loss, current 665 613
Liabilities    
Accounts payable, current $ 406 $ 286