v3.22.0.1
Sales and Other Operating Revenues (Tables)
12 Months Ended
Dec. 31, 2021
Sales and Other Operating Revenues [Abstract]  
Disaggregation of Revenue
Millions of Dollars
2021
2020
2019
Revenue from contracts
 
with customers
$
34,590
13,662
26,106
Revenue from contracts
 
outside the scope of ASC Topic
 
606
Physical contracts
 
meeting the definition of a derivative
11,500
5,177
6,558
Financial derivative contracts
(262)
(55)
(97)
Consolidated sales and other operating
 
revenues
$
45,828
18,784
32,567
Millions of Dollars
2021
2020
2019
Revenue from Outside the Scope of ASC Topic
 
606
by Segment
Lower 48
$
9,050
3,966
4,989
Canada
1,457
727
691
Europe, Middle East and North Africa
993
484
878
Physical contracts
 
meeting the definition of a derivative
$
11,500
5,177
6,558
Millions of Dollars
2021
2020
2019
Revenue from Outside the Scope of ASC Topic
 
606
by Product
Crude oil
$
757
395
804
Natural gas
10,034
4,339
5,313
Other
709
443
441
Physical contracts
 
meeting the definition of a derivative
$
11,500
5,177
6,558
Contract with Customer, Asset and Liability
Millions of Dollars
Contract Liabilities
At December 31, 2020
$
97
Contractual payments received
15
Revenue recognized
(62)
At December 31, 2021
$
50
Amounts Recognized in the Consolidated
 
Balance Sheet at December 31, 2021
Current liabilities
$
50