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Sales and Other Operating Revenues (Tables)
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table provides further disaggregation of our consolidated sales and other operating revenues:

Millions of Dollars

Three Months Ended
March 31

20242023
Revenue from contracts with customers
$12,307 11,964 
Revenue from contracts outside the scope of ASC Topic 606
Physical contracts meeting the definition of a derivative
1,565 3,127 
Financial derivative contracts
(24)(280)
Consolidated sales and other operating revenues
$13,848 14,811 
The following disaggregation of revenues is provided in conjunction with Note 18—Segment Disclosures and Related Information:
Millions of Dollars
Three Months Ended
March 31
20242023
Revenue from Contracts Outside the Scope of ASC Topic 606 by Segment
Lower 48
$1,259 2,508 
Canada217 567 
Europe, Middle East and North Africa
89 52 
Physical contracts meeting the definition of a derivative
$1,565 3,127 

Millions of Dollars

Three Months Ended
March 31
20242023
Revenue from Contracts Outside the Scope of ASC Topic 606 by Product
Crude oil
$ 47 
Natural gas
1,199 2,725 
Other
366 355 
Physical contracts meeting the definition of a derivative
$1,565 3,127