Related Party Transactions

9 Months Ended

Sep. 30, 2026

Note 14—Related Party Transactions

The following tables summarize the related party balances and activities which are primarily with equity affiliates:


	Millions of Dollars
	September 30 2026		December 31 2025
Balance Sheet
Accounts and notes receivable	$	79	79

Accounts payable	79		64


	Millions of Dollars
	Three Months Ended September 30			Nine Months Ended September 30
	2026		2025	2026	2025
Income Statement
Operating revenues and other income	$	13	12	35	60
Purchased commodities	11		(2)	6	—
Production and operating expenses and selling, general and administrative expenses	66		84	168	242

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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+ Details