XML 52 R40.htm IDEA: XBRL DOCUMENT v3.25.1
Sales and Other Operating Revenues (Tables)
 3 Months Ended
Mar. 31, 2025
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
March 31

20252024
Revenue from contracts with customers
$14,479 12,307 
Revenue from contracts outside the scope of ASC Topic 606
Physical contracts meeting the definition of a derivative
1,970 1,565 
Financial derivative contracts
68 (24)
Consolidated sales and other operating revenues
$16,517 13,848 
The following disaggregation of revenues is provided in conjunction with Note 18—Segment Disclosures and Related Information:
Millions of Dollars
Three Months Ended
March 31
20252024
Revenue from Contracts Outside the Scope of ASC Topic 606 by Segment
Lower 48
$1,500 1,259 
Canada215 217 
Europe, Middle East and North Africa
255 89 
Physical contracts meeting the definition of a derivative
$1,970 1,565 

Millions of Dollars

Three Months Ended
March 31
20252024
Revenue from Contracts Outside the Scope of ASC Topic 606 by Product
Crude oil
$109 — 
Natural gas
1,646 1,199 
Other
215 366 
Physical contracts meeting the definition of a derivative
$1,970 1,565