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Sales and Other Operating Revenues (Tables)
6 Months Ended
Jun. 30, 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
June 30
Six Months Ended
June 30

2024202320242023
Revenue from contracts with customers
$12,660 11,015 24,967 22,979 
Revenue from contracts outside the scope of ASC Topic 606
Physical contracts meeting the definition of a derivative
1,003 1,465 2,568 4,592 
Financial derivative contracts
(43)(129)(67)(409)
Consolidated sales and other operating revenues
$13,620 12,351 27,468 27,162 
The following disaggregation of revenues is provided in conjunction with Note 18—Segment Disclosures and Related Information:
Millions of Dollars
Three Months Ended
June 30
Six Months Ended
June 30
2024202320242023
Revenue from Contracts Outside the Scope of ASC Topic 606 by Segment
Lower 48
$743 1,081 2,002 3,589 
Canada91 204 308 771 
Europe, Middle East and North Africa
169 180 258 232 
Physical contracts meeting the definition of a derivative
$1,003 1,465 2,568 4,592 

Millions of Dollars

Three Months Ended
June 30
Six Months Ended
June 30
2024202320242023
Revenue from Contracts Outside the Scope of ASC Topic 606 by Product
Crude oil
$53 96 53 143 
Natural gas
715 1,123 1,914 3,848 
Other
235 246 601 601 
Physical contracts meeting the definition of a derivative
$1,003 1,465 2,568 4,592