XML 53 R41.htm IDEA: XBRL DOCUMENT
v3.24.3

Sales and Other Operating Revenues (Tables) | 9 Months Ended
--- | ---
Sep. 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 September 30 | Nine Months Ended September 30
| 2024 | 2023 | 2024 | 2023
Revenue from contracts with customers | $ | 11,703 |  | 12,599 |  | 36,670 |  | 35,578 |
Revenue from contracts outside the scope of ASC Topic 606 |  |  |  |
Physical contracts meeting the definition of a derivative | 1,403 |  | 1,697 |  | 3,971 |  | 6,289 |
Financial derivative contracts | (65) |  | (46) |  | (132) |  | (455) |
Consolidated sales and other operating revenues | $ | 13,041 |  | 14,250 |  | 40,509 |  | 41,412 |
The following disaggregation of revenues is provided in conjunction with Note 18—Segment Disclosures and Related Information:
| Millions of Dollars
| Three Months Ended September 30 | Nine Months Ended September 30
| 2024 | 2023 | 2024 | 2023
Revenue from Contracts Outside the Scope of ASC Topic 606 by Segment |  |  |  |
Lower 48 | $ | 1,007 |  | 1,478 |  | 3,009 |  | 5,067 |
Canada | 68 |  | 207 |  | 376 |  | 978 |
Europe, Middle East and North Africa | 328 |  | 12 |  | 586 |  | 244 |
Physical contracts meeting the definition of a derivative | $ | 1,403 |  | 1,697 |  | 3,971 |  | 6,289 |
| Millions of Dollars
| Three Months Ended September 30 | Nine Months Ended September 30
| 2024 | 2023 | 2024 | 2023
Revenue from Contracts Outside the Scope of ASC Topic 606 by Product |  |  |  |
Crude oil | $ | 220 |  | — |  | 273 |  | 143 |
Natural gas | 736 |  | 1,274 |  | 2,650 |  | 5,122 |
Other | 447 |  | 423 |  | 1,048 |  | 1,024 |
Physical contracts meeting the definition of a derivative | $ | 1,403 |  | 1,697 |  | 3,971 |  | 6,289 |

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration