v3.25.4
Taxes - Summary of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Deferred tax liabilities    
Properties, plant and equipment $ 34,149 $ 20,648
Investments and other 6,668 5,254
Total deferred tax liabilities 40,817 25,902
Deferred tax assets    
Foreign tax credits (18,932) (15,261)
Asset retirement obligations/environmental reserves (4,993) (4,220)
Employee benefits (1,924) (2,050)
Tax credits (430) (292)
Tax loss carryforwards (7,141) (3,034)
Other accrued liabilities (909) (1,137)
Operating leases (1,886) (1,352)
Miscellaneous (4,311) (4,248)
Total deferred tax assets (40,526) (31,594)
Deferred tax assets valuation allowance 26,861 21,313
Total deferred income taxes, net 27,152 15,621
Classification of deferred taxes    
Deferred charges and other assets (2,862) (3,516)
Noncurrent deferred income taxes 30,014 19,137
Total deferred income taxes, net $ 27,152 $ 15,621