Consolidated Income Statement - USD ($) shares in Thousands, $ in Millions	3 Months Ended	9 Months Ended
Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues and Other Income
Sales and other operating revenues	$ 21,013	$ 11,326	$ 59,936	$ 30,708
Equity in earnings of affiliates	561	239	1,511	500
Gain (loss) on dispositions	(40)	2	1,039	294
Other income	80	49	408	884
Total Revenues and Other Income	21,614	11,616	62,894	32,386
Costs and Expenses
Purchased commodities	9,251	4,179	25,236	11,660
Production and operating expenses	1,799	1,389	5,121	4,151
Selling, general and administrative expenses	148	128	431	556
Exploration expenses	89	65	301	206
Depreciation, depletion and amortization	1,872	1,672	5,505	5,425
Impairments	2	(89)	6	(90)
Taxes other than income taxes	843	403	2,677	1,154
Accretion on discounted liabilities	60	61	182	186
Interest and debt expense	199	219	627	665
Foreign currency transaction (gain) loss	(93)	(10)	(139)	19
Other expenses	4	17	(46)	78
Total Costs and Expenses	14,174	8,034	39,901	24,010
Income before income taxes	7,440	3,582	22,993	8,376
Income tax provision	2,913	1,203	7,562	2,924
Net Income	$ 4,527	$ 2,379	$ 15,431	$ 5,452
Net Income Per Share of Common Stock (dollars)
Basic (in dollars per share)	$ 3.56	$ 1.78	$ 11.96	$ 4.10
Diluted (in dollars per share)	$ 3.55	$ 1.78	$ 11.93	$ 4.09
Average Common Shares Outstanding (in thousands)
Basic (in shares)	1,265,893	1,332,286	1,285,739	1,327,216
Diluted (in shares)	1,269,321	1,336,379	1,289,953	1,330,652

Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense, before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement as well as Interest and debt related expenses associated with nonoperating financing activities of the entity.

No definition available.