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Sales and Other Operating Revenues (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Revenue from Contracts with Customers
The following table provides further disaggregation of our consolidated sales and other operating revenues:
Millions of Dollars
202220212020
Revenue from contracts with customers$61,049 34,590 13,662 
Revenue from contracts outside the scope of ASC Topic 606
Physical contracts meeting the definition of a derivative17,150 11,500 5,177 
Financial derivative contracts295 (262)(55)
Consolidated sales and other operating revenues$78,494 45,828 18,784 
Revenues from contracts outside the scope of ASC Topic 606 relate primarily to physical gas contracts at market prices, which qualify as derivatives accounted for under ASC Topic 815, “Derivatives and Hedging,” and for which we have not elected NPNS. There is no significant difference in contractual terms or the policy for recognition of revenue from these contracts and those within the scope of ASC Topic 606. The following disaggregation of revenues is provided in conjunction with Note 24—Segment Disclosures and Related Information:
Millions of Dollars
202220212020
Revenue from Outside the Scope of ASC Topic 606
by Segment
Lower 48$13,919 9,050 3,966 
Canada2,717 1,457 727 
Europe, Middle East and North Africa514 993 484 
Physical contracts meeting the definition of a derivative$17,150 11,500 5,177 
Millions of Dollars
202220212020
Revenue from Outside the Scope of ASC Topic 606
by Product
Crude oil$495 757 395 
Natural gas15,368 10,034 4,339 
Other1,287 709 443 
Physical contracts meeting the definition of a derivative$17,150 11,500 5,177