v3.21.2
Acquisitions and Dispositions - Acquisition of Concho Resources Inc. (Concho) - Textual (Details)
$ in Millions
3 Months Ended 6 Months Ended
Feb. 08, 2021
USD ($)
Jan. 15, 2021
USD ($)
Jun. 30, 2021
USD ($)
Mar. 31, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Business Acquisition [Line Items]                
Income tax provision     $ 989   $ (257)   $ 1,721 $ (109)
Sales and other operating revenues [Member] | Commodity Contract [Member]                
Business Acquisition [Line Items]                
Loss from commodity derivatives, before tax     100   50   379 3
Other Income (Loss) [Member] | Commodity Contract [Member]                
Business Acquisition [Line Items]                
Loss from commodity derivatives, before tax     1   (3)   (16) (5)
Purchased commodities [Member] | Commodity Contract [Member]                
Business Acquisition [Line Items]                
Loss from commodity derivatives, before tax     (132)   (24)   $ (145) 2
Concho Resources Incorporated [Member]                
Business Acquisition [Line Items]                
Name of acquired entity             Concho Resources Inc.  
Date of acquisition agreement             Jan. 15, 2021  
Exchange ratio   1.46            
Total Consideration   $ 13,125            
Capitalized costs, proved properties   11,800            
Capitalized costs, unproved properties   $ 6,900            
Transaction related cost expensed       $ 157     $ 157  
Restructuring Cost     $ 23       157  
Income tax provision $ 75           $ 75  
Total revenues and other income         4,065 $ 2,637   11,365
Net loss         $ 229 (828)   619
Concho Resources Incorporated [Member] | Concho Resources Inc. [Member]                
Business Acquisition [Line Items]                
Impairment of Oil and Gas Properties               10,500
Goodwill, impairment loss               $ 1,900
Concho Resources Incorporated [Member] | Commodity Contract [Member]                
Business Acquisition [Line Items]                
Loss from commodity derivatives, before tax       305   233    
Concho Resources Incorporated [Member] | Sales and other operating revenues [Member] | Commodity Contract [Member]                
Business Acquisition [Line Items]                
Loss from commodity derivatives, before tax       173   $ 305    
Concho Resources Incorporated [Member] | Sales and other operating revenues [Member] | Accelerated contracts [Member]                
Business Acquisition [Line Items]                
Loss from commodity derivatives, before tax       $ 132