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Segment Disclosures and Related Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

Three Months Ended March 31, 2025			Millions of Dollars
			Alaska			L48			Canada			EMENA			AP			OI			Corporate			Consolidated Total
Segment sales and other operating revenues
Sales and other operating revenues			$	1,610		11,548			1,532			1,940			424			—			18			17,072
Intersegment eliminations			—			—			(547)			—			—			—			(8)			(555)
Consolidated sales and other operating revenues			1,610			11,548			985			1,940			424			—			10			16,517
Significant segment expenses*
Production and operating expenses			506			1,491			201			224			65			—			19			2,506
DD&A			355			1,904			131			219			119			—			18			2,746
Income tax provision (benefit)			139			448			81			922			64			—			(37)			1,617
Total			1,000			3,843			413			1,365			248			—			—			6,869
Other segment items
Equity in earnings of affiliates			—			(4)			—			(173)			(206)			—			(9)			(392)
Interest income			—			—			—			—			(2)			—			(74)			(76)
Interest and debt expense			—			—			—			—			—			—			205			205
Other**			283			5,919			316			329			73			(2)			144			7,062
Total			283			5,915			316			156			(135)			(2)			266			6,799
Net income (loss)			$	327		1,790			256			419			311			2			(256)			2,849
*The significant segment expense categories and amounts in the table above align with segment-level information that is regularly provided to the CODM.
**Other segment items not required to be separately disclosed for each reportable segment include:
Gain (loss) on disposition: L48 and OI
Other income: L48, Canada, EMENA, AP, OI and Corporate
Purchased commodities: Alaska, L48, Canada, EMENA and AP
Selling, general and administrative expenses: Alaska, L48, Canada, EMENA, AP, OI and Corporate
Exploration expenses, Taxes other than income taxes and Accretion on discounted liabilities: Alaska, L48, Canada, EMENA, AP and Corporate
Impairments: EMENA
Foreign currency transaction (gain) loss: Canada, EMENA, AP and Corporate
Other expenses: L48, EMENA and Corporate

Three Months Ended March 31, 2024			Millions of Dollars
			Alaska			L48			Canada			EMENA			AP			OI			Corporate			Consolidated Total
Segment sales and other operating revenues
Sales and other operating revenues			$	1,670		9,309			1,444			1,457			474			—			13			14,367
Intersegment eliminations			—			(1)			(508)			—			—			—			(10)			(519)
Consolidated sales and other operating revenues			1,670			9,308			936			1,457			474			—			3			13,848
Significant segment expenses*
Production and operating expenses			479			1,083			217			154			79			—			3			2,015
DD&A			324			1,432			158			180			110			—			7			2,211
Income tax provision (benefit)			122			385			56			777			5			—			(88)			1,257
Total			925			2,900			431			1,111			194			—			(78)			5,483
Other segment items
Equity in earnings of affiliates			—			—			—			(140)			(282)			—			1			(421)
Interest income			—			—			—			—			(2)			—			(101)			(103)
Interest and debt expense			—			—			—			—			—			—			205			205
Other**			399			5,027			325			182			52			1			147			6,133
Total			399			5,027			325			42			(232)			1			252			5,814
Net income (loss)			$	346		1,381			180			304			512			(1)			(171)			2,551
*The significant segment expense categories and amounts in the table above align with segment-level information that is regularly provided to the CODM.
**Other segment items not required to be separately disclosed for each reportable segment include:
Gain (loss) on disposition: L48 and OI
Other income: L48, Canada and Corporate
Purchased commodities and Accretion on discounted liabilities: Alaska, L48, Canada, EMENA and AP
Selling, general and administrative expenses: Alaska, L48, Canada, EMENA, AP, OI and Corporate
Exploration expenses and Taxes other than income taxes: Alaska, L48, Canada, EMENA, AP and Corporate
Foreign currency transaction (gain) loss: Canada, EMENA, AP and Corporate
Other expenses: Alaska, L48 and Corporate

Segment, Reconciliation of Other Items from Segments to Consolidated

Three Months Ended March 31, 2025			Millions of Dollars
			Alaska			L48			Canada			EMENA			AP			OI			Corporate			Consolidated Total
Investment in and advances to affiliates			$	4		125			—			2,056			4,988			9			1,580			8,762
Total Assets			18,587			66,294			9,604			10,191			8,331			10			11,237			124,254
Capital expenditures and investments			1,046			1,814			165			274			54			—			25			3,378

Three Months Ended March 31, 2024			Millions of Dollars
			Alaska			L48			Canada			EMENA			AP			OI			Corporate			Consolidated Total
Investment in and advances to affiliates			$	33		119			—			1,211			5,184			—			1,287			7,834
Total Assets			16,701			42,586			10,028			8,021			8,530			—			9,482			95,348
Capital expenditures and investments			720			1,616			152			219			45			—			164			2,916

Schedule of Operating Segment Reporting by Geographic Location

			Millions of Dollars
			Three Months Ended March 31
			2025			2024
Sales and Other Operating Revenues by Geographic Location*
U.S.			$	13,112		10,980
Canada			947			936
China			237			213
Equatorial Guinea			239			—
Libya			510			500
Malaysia			186			261
Norway			606			624
Singapore			39			—
U.K.			640			333
Other foreign countries			1			1
Worldwide consolidated			$	16,517		13,848
Sales and Other Operating Revenues by Product
Crude oil			$	10,833		9,563
Natural gas			2,832			1,882
Natural gas liquids			1,055			680
Other**			1,797			1,723
Consolidated sales and other operating revenues by product			$	16,517		13,848

*Sales and other operating revenues are attributable to countries based on the location of the selling operation.

**Includes bitumen and power.

X

- Definition

Tabular disclosure of reconciliation of other items from reportable segments to their consolidated amount. Excludes reconciliation of revenue, profit (loss), and assets.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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