v3.26.3
Property, Plant and Equipment (PP&E)
9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment (PP&E)
September 30, 2026December 31, 2025
(In millions)Gross
PP&E
Accumulated DepreciationNet
PP&E
Gross
PP&E
Accumulated DepreciationNet
PP&E
Refining & Marketing$35,169 $21,438 $13,731 $34,372 $20,462 $13,910 
Midstream36,239 12,677 23,562 34,057 11,690 22,367 
Renewable Diesel970 441 529 970 396 574 
Corporate1,593 1,122 471 1,610 1,064 546 
Total$73,971 $35,678 $38,293 $71,009 $33,612 $37,397 
Depreciation expense was $758 million and $2.25 billion for the three and nine months ended September 30, 2026, respectively, and $769 million and $2.22 billion for the three and nine months ended September 30, 2025, respectively.