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Other Financial Information (Tables)
12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
Other Financial Information
Millions of Dollars
202320222021
Interest and Debt Expense
Incurred
Debt$824 791 887 
Other109 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, net73 58 130 
$485 504 1,203 
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 — — 
Canada11 (20)(1)
Europe, Middle East and North Africa(39)(110)(11)
Asia Pacific12 30 
Other International (1)
Corporate and Other86 21 (7)
$70 (80)(16)
Property Plant And Equipment
Millions of Dollars
20232022
Properties, Plants and Equipment
Proved properties$134,394 119,609 
Unproved properties5,206 7,325 
Other4,805 4,562 
Gross properties, plants and equipment144,405 131,496 
Less: Accumulated depreciation, depletion and amortization(74,361)(66,630)
Net properties, plants and equipment$70,044 64,866