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Sales and Other Operating Revenues (Tables) | 6 Months Ended
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Jun. 30, 2022
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table provides further disaggregation of our consolidated sales and other operating revenues:
| Millions of Dollars
| Three Months Ended June 30 | Six Months Ended June 30
| 2022 | 2021 | 2022 | 2021
Revenue from contracts with customers | $ | 16,728 |  | 7,753 |  | 31,234 |  | 14,914 |
Revenue from contracts outside the scope of ASC Topic 606 |  |  |  |
Physical contracts meeting the definition of a derivative | 4,411 |  | 1,754 |  | 7,551 |  | 4,728 |
Financial derivative contracts | 22 |  | 49 |  | 138 |  | (260) |
Consolidated sales and other operating revenues | $ | 21,161 |  | 9,556 |  | 38,923 |  | 19,382 |
The following disaggregation of revenues is provided in conjunction with Note 17—Segment Disclosures and Related Information:
| Millions of Dollars
| Three Months Ended June 30 | Six Months Ended June 30
| 2022 | 2021 | 2022 | 2021
Revenue from Outside the Scope of ASC Topic 606 by Segment |  |  |  |
Lower 48 | $ | 3,483 |  | 1,345 |  | 5,927 |  | 3,811 |
Canada | 807 |  | 207 |  | 1,367 |  | 510 |
Europe, Middle East and North Africa | 121 |  | 202 |  | 257 |  | 407 |
Physical contracts meeting the definition of a derivative | $ | 4,411 |  | 1,754 |  | 7,551 |  | 4,728 |
| Millions of Dollars
| Three Months Ended June 30 | Six Months Ended June 30
| 2022 | 2021 | 2022 | 2021
Revenue from Outside the Scope of ASC Topic 606 by Product |  |  |  |
Crude oil | $ | 64 |  | 178 |  | 283 |  | 302 |
Natural gas | 4,254 |  | 1,504 |  | 7,027 |  | 4,231 |
Other | 93 |  | 72 |  | 241 |  | 195 |
Physical contracts meeting the definition of a derivative | $ | 4,411 |  | 1,754 |  | 7,551 |  | 4,728 |
Schedule of Contract with Customer, Asset and Liability |
| Millions of Dollars
Contract Liabilities |
At December 31, 2021 | $ | 50 |
Contractual payments received | 25 |
Revenue recognized | (56) |
At June 30, 2022 | $ | 19 |
Amounts Recognized in the Consolidated Balance Sheet at June 30, 2022 |
Noncurrent liabilities | $ | 19 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
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