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Inventories

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Inventories

Note 2—Inventories

			Millions of Dollars
			June 30 2024			December 31 2023
Crude oil and natural gas			$	723		676
Materials and supplies			724			722
Total inventories			$	1,447		1,398
Inventories valued on the LIFO basis			$	409		401

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- References

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

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