v3.25.4
Consolidated Balance Sheet - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 6,497,000,000 $ 5,607,000,000
Short-term investments 484,000,000 507,000,000
Accounts and notes receivable (net of allowance of $4 and $7, respectively) 5,813,000,000 6,695,000,000
Inventories 1,873,000,000 1,809,000,000
Prepaid expenses and other current assets 865,000,000 1,029,000,000
Total current assets 15,532,000,000 15,647,000,000
Investments and long-term receivables 10,185,000,000 9,869,000,000
Net properties, plants and equipment (net of accumulated DD&A of $90,396 and $81,072, respectively) 93,239,000,000 94,356,000,000
Other assets 2,983,000,000 2,908,000,000
Total assets 121,939,000,000 122,780,000,000
Liabilities    
Accounts payable 6,218,000,000 6,044,000,000
Accounts payable—related parties 6,218,000,000 6,044,000,000
Short-term debt 1,020,000,000 1,035,000,000
Accrued income and other taxes 1,835,000,000 2,460,000,000
Employee benefit obligations 1,136,000,000 1,087,000,000
Other accruals 1,763,000,000 1,498,000,000
Total current liabilities 11,972,000,000 12,124,000,000
Long-term debt 22,424,000,000 23,289,000,000
Asset retirement obligations and accrued environmental costs 8,214,000,000 8,089,000,000
Deferred income taxes 12,237,000,000 11,426,000,000
Employee benefit obligations 969,000,000 1,022,000,000
Other liabilities and deferred credits 1,636,000,000 2,034,000,000
Total liabilities 57,452,000,000 57,984,000,000
Equity    
Par value 23,000,000 23,000,000
Capital in excess of par 77,728,000,000 77,529,000,000
Treasury stock (at cost: 2025—1,028,350,186 shares; 2024—974,806,010 shares) (76,217,000,000) (71,152,000,000)
Accumulated other comprehensive income (loss) (5,911,000,000) (6,473,000,000)
Retained earnings 68,864,000,000 64,869,000,000
Total equity 64,487,000,000 64,796,000,000
Total liabilities and equity $ 121,939,000,000 $ 122,780,000,000