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Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2025

Related Party Transactions [Abstract]

Schedule of Significant Transactions with Related Parties

The following tables summarize the related party balances and activities which are primarily with equity affiliates:

			Millions of Dollars
			March 31 2025			December 31 2024
Balance Sheet
Accounts and notes receivable			$	58		74
Accounts payable			73			57

			Millions of Dollars
			Three Months Ended March 31
			2025			2024
Income Statement
Operating revenues and other income			$	24		17
Purchased commodities			2			—
Operating expenses and selling, general and administrative expenses			85			55

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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