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Consolidated Statement of Changes in Equity - USD ($)
$ in Millions
Total
Par Value
Capital in Excess of Par
Treasury Stock
Accum. Other Comprehensive Income (Loss)
Retained Earnings
Beginning balance at Dec. 31, 2020 $ 29,849 $ 18 $ 47,133 $ (47,297) $ (5,218) $ 35,213
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income (Loss) 8,079         8,079
Other comprehensive income (loss) 268       268  
Dividends declared, ordinary (2,359)         (2,359)
Dividends declared - variable return of cash (260)         (260)
Repurchase of company common stock (3,623)     (3,623)    
Acquisition of Concho 13,125 3 13,122      
Distributed under benefit plans 326   326      
Other 1         1
Ending balance at Dec. 31, 2021 45,406 21 60,581 (50,920) (4,950) 40,674
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income (Loss) 18,680         18,680
Other comprehensive income (loss) (1,050)       (1,050)  
Dividends declared, ordinary (2,419)         (2,419)
Dividends declared - variable return of cash (3,908)         (3,908)
Repurchase of company common stock (9,270)     (9,270)    
Distributed under benefit plans 561   561      
Other 3     1   2
Ending balance at Dec. 31, 2022 48,003 21 61,142 (60,189) (6,000) 53,029
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income (Loss) 10,957         10,957
Other comprehensive income (loss) 327       327  
Dividends declared, ordinary (2,550)         (2,550)
Dividends declared - variable return of cash (2,170)         (2,170)
Repurchase of company common stock (5,400)     (5,400)    
Excise tax on share repurchases (50)     (50)    
Distributed under benefit plans 161   161      
Other 1     (1)   2
Ending balance at Dec. 31, 2023 $ 49,279 $ 21 $ 61,303 $ (65,640) $ (5,673) $ 59,268