v3.26.1
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 6,574 $ 6,497
Short-term investments 1,118 484
Accounts and notes receivable, net 6,957 5,813
Inventories 1,879 1,873
Prepaid expenses and other current assets 2,667 865
Total current assets 19,195 15,532
Investments and long-term receivables 10,345 10,185
Net properties, plants and equipment (net of accumulated DD&A of $95,966 and $90,396, respectively) 91,248 93,239
Other assets 3,473 2,983
Total assets 124,261 121,939
Liabilities    
Accounts payable 6,764 6,218
Short-term debt 462 1,020
Accrued income and other taxes 2,540 1,835
Employee benefit obligations 593 1,136
Other accruals 2,093 1,763
Total current liabilities 12,452 11,972
Long-term debt 22,828 22,424
Asset retirement obligations and accrued environmental costs 8,404 8,214
Deferred income taxes 12,387 12,237
Employee benefit obligations 933 969
Other liabilities and deferred credits 1,908 1,636
Total liabilities 58,912 57,452
Equity    
Par value 23 23
Capital in excess of par 77,832 77,728
Treasury stock (at cost: 2026—1,054,626,440 shares; 2025—1,028,350,186 shares) (79,251) (76,217)
Accumulated other comprehensive income (loss) (6,176) (5,911)
Retained earnings 72,921 68,864
Total equity 65,349 64,487
Total liabilities and equity $ 124,261 $ 121,939