v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ 3,970 $ 3,313
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Provision for (benefit from) deferred income taxes (213) 235
Depreciation, depletion, amortization and accretion 3,885 3,649
Impairment of oil and natural gas properties 1,400 0
(Gain) loss on extinguishment of debt, net (137) (23)
(Gain) loss on derivative instruments, net 16 (149)
Cash received (paid) on settlement of derivative instruments 149 108
Other 68 (6)
Changes in operating assets and liabilities:    
Accounts receivable (1,039) 138
Accounts payable and accrued liabilities (133) (355)
Income taxes payable (138) (515)
Revenues and royalties payable 270 28
Other (82) (8)
Net cash provided by (used in) operating activities 8,016 6,415
Cash flows from investing activities:    
Additions to oil and natural gas properties (2,955) (2,580)
Property acquisitions (1,909) (5,411)
Proceeds from sale of assets 723 314
Other (222) (14)
Net cash provided by (used in) investing activities (4,363) (7,691)
Cash flows from financing activities:    
Proceeds from debt 9,405 13,022
Repayment of debt (10,547) (9,720)
Repurchased shares/units under Viper’s repurchase program (318) (100)
Net proceeds from Viper’s issuance of common stock 0 1,232
Proceeds from sale of Viper's common stock 589 0
Payments for dividends and dividend equivalents (918) (874)
Dividends to non-controlling interest (437) (256)
Other (33) (64)
Net cash provided by (used in) financing activities (3,199) 1,664
Net increase (decrease) in cash, cash equivalents and restricted cash 454 388
Cash, cash equivalents and restricted cash at beginning of period 106 164
Cash, cash equivalents and restricted cash at end of period 560 552
Nonrelated Party    
Cash flows from financing activities:    
Repurchased shares (431) (1,576)
Related Party    
Cash flows from financing activities:    
Repurchased shares $ (509) $ 0