v3.26.1
SEGMENTS - Reconciles Segment Income From Continuing Operations (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
segment
Jun. 30, 2025
USD ($)
Segment Information        
Number of operating segments | segment     2  
Number of reportable segments | segment     2  
Income from continuing operations before income taxes $ 3,915 $ 560 $ 4,305 $ 1,737
Interest and debt expense, net (108) (271) (540) (581)
Income tax expense (915) (222) (1,069) (569)
Income from continuing operations 3,000 338 3,236 1,168
Discontinued operations, net of taxes (4) 130 3,119 245
NET INCOME 2,996 468 6,355 1,413
Less: Net income attributable to noncontrolling interest (19) (10) (33) (19)
Less: Preferred stock dividends (170) (170) (340) (340)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS 2,807 288 5,982 1,054
Operating segments | Oil and gas segment        
Segment Information        
Income from continuing operations before income taxes 2,849 934 3,866 2,631
Operating segments | Midstream and marketing        
Segment Information        
Income from continuing operations before income taxes 1,338 39 1,251 (33)
Corporate and eliminations        
Segment Information        
Income from continuing operations before income taxes $ (164) $ (142) $ (272) $ (280)