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Other Financial Information | 12 Months Ended
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Dec. 31, 2023
Other Income and Expenses [Abstract] |
Other Financial Information | Note 20—Other Financial Information
| Millions of Dollars
| 2023 | 2022 | 2021
Interest and Debt Expense |  |  |
Incurred |  |  |
Debt | $ | 824 |  | 791 |  | 887 |
Other | 109 |  | 72 |  | 59 |
| 933 |  | 863 |  | 946 |
Capitalized | (153) |  | (58) |  | (62) |
Expensed | $ | 780 |  | 805 |  | 884 |
Other Income |  |  |
Interest income | $ | 412 |  | 195 |  | 33 |
Gain (loss) on investment in Cenovus Energy* | — |  | 251 |  | 1,040 |
Other, net | 73 |  | 58 |  | 130 |
| $ | 485 |  | 504 |  | 1,203 |
*See Note 5. |  |  |
Research and Development Expenditures—expensed | $ | 81 |  | 71 |  | 62 |
Shipping and Handling Costs | $ | 1,695 |  | 1,595 |  | 1,047 |
Foreign Currency Transaction (Gains) Losses—after-tax |  |  |
Alaska | $ | — |  | — |  | — |
Lower 48 | — |  | — |  | — |
Canada | 11 |  | (20) |  | (1) |
Europe, Middle East and North Africa | (39) |  | (110) |  | (11) |
Asia Pacific | 12 |  | 30 |  | 2 |
Other International | — |  | (1) |  | 1 |
Corporate and Other | 86 |  | 21 |  | (7) |
| $ | 70 |  | (80) |  | (16) |
| Millions of Dollars |
| 2023 | 2022 |
Properties, Plants and Equipment |  |  |
Proved properties | $ | 134,394 |  | 119,609 |  |
Unproved properties | 5,206 |  | 7,325 |  |
Other | 4,805 |  | 4,562 |  |
Gross properties, plants and equipment | 144,405 |  | 131,496 |  |
Less: Accumulated depreciation, depletion and amortization | (74,361) |  | (66,630) |  |
Net properties, plants and equipment | $ | 70,044 |  | 64,866 |  |

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 610 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//610/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//720/tableOfContent + Details
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