v3.26.1
Reportable Segments - Reconciliation of Net Income to Adjusted EBITDA (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Reportable Segments [Abstract]        
Net income $ 2,530 $ 1,458 $ 4,506 $ 3,178
Depreciation, depletion and amortization 1,575 1,384 3,158 2,751
Interest Expense 934 865 1,881 1,674
Income tax expense 194 79 329 120
Impairment losses 0 3 0 7
Gain on interest rate derivatives (2) 0 (2) 0
Non-cash compensation expense 46 33 88 70
Unrealized (losses) gains on commodity risk management activities (396) (100) 140 (31)
Inventory valuation adjustments 18 40 (426) (21)
Losses on extinguishments of debt 0 17 7 19
Adjusted EBITDA attributable to unconsolidated affiliates 196 182    
Adjusted EBITDA related to unconsolidated affiliates     392 349
Equity in earnings of unconsolidated affiliates (108) (105) (218) (197)
Other, net 77 10 146 45
Adjusted EBITDA (consolidated) $ 5,066 $ 3,866 $ 10,003 $ 7,964