Consolidated Income Statement - USD ($) shares in Thousands, $ in Millions	3 Months Ended	9 Months Ended
Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues and Other Income
Sales and other operating revenues	$ 13,041	$ 14,250	$ 40,509	$ 41,412
Equity in earnings of affiliates	441	388	1,265	1,299
Gain (loss) on dispositions	(2)	108	86	200
Other income	124	120	356	356
Total Revenues and Other Income	13,604	14,866	42,216	43,267
Costs and Expenses
Purchased commodities	4,747	5,543	14,939	16,297
Production and operating expenses	2,261	1,995	6,440	5,660
Selling, general and administrative expenses	186	169	528	533
Exploration expenses	70	92	284	313
Depreciation, depletion and amortization	2,390	2,095	6,935	6,047
Impairments	0	11	34	12
Taxes other than income taxes	476	536	1,567	1,624
Accretion on discounted liabilities	80	68	240	204
Interest and debt expense	189	194	592	561
Foreign currency transaction (gain) loss	(28)	55	(37)	(3)
Other expenses	(2)	8	(8)	(5)
Total Costs and Expenses	10,369	10,766	31,514	31,243
Income (loss) before income taxes	3,235	4,100	10,702	12,024
Income tax provision (benefit)	1,176	1,302	3,763	4,074
Net Income (Loss)	$ 2,059	$ 2,798	$ 6,939	$ 7,950
Net Income (Loss) Per Share of Common Stock (dollars)
Basic (in dollars per share)	$ 1.77	$ 2.33	$ 5.92	$ 6.56
Diluted (in dollars per share)	$ 1.76	$ 2.32	$ 5.91	$ 6.54
Weighted-Average Common Shares Outstanding (in thousands)
Basic (in shares)	1,161,318	1,196,641	1,169,350	1,208,018
Diluted (in shares)	1,163,227	1,199,746	1,171,424	1,211,012

Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense, before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement as well as Interest and debt related expenses associated with nonoperating financing activities of the entity.

No definition available.