Consolidated Income Statement - USD ($) shares in Thousands, $ in Millions	3 Months Ended	9 Months Ended
Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Revenues and other income
Sales and other operating revenues	$ 15,031	$ 13,041	$ 45,552	$ 40,509
Equity in earnings of affiliates	345	441	1,052	1,265
Gain (loss) on dispositions	3	(2)	399	86
Other income	143	124	360	356
Total revenues and other income	15,522	13,604	47,363	42,216
Costs and expenses
Purchased commodities	5,857	4,747	17,130	14,939
Production and operating expenses	2,632	2,261	7,710	6,440
Selling, general and administrative expenses	271	186	712	528
Exploration expenses	71	70	269	284
Depreciation, depletion and amortization	2,917	2,390	8,501	6,935
Impairments	10	0	12	34
Taxes other than income taxes	525	476	1,648	1,567
Accretion on discounted liabilities	94	80	283	240
Interest and debt expense	223	189	660	592
Foreign currency transaction (gain) loss	(6)	(28)	21	(37)
Other expenses	0	(2)	6	(8)
Total costs and expenses	12,594	10,369	36,952	31,514
Income (loss) before income taxes	2,928	3,235	10,411	10,702
Income tax provision (benefit)	1,202	1,176	3,865	3,763
Net income (loss)	$ 1,726	$ 2,059	$ 6,546	$ 6,939
Net income (loss) per share of common stock (dollars)
Basic (in dollars per share)	$ 1.38	$ 1.77	$ 5.18	$ 5.92
Diluted (in dollars per share)	$ 1.38	$ 1.76	$ 5.18	$ 5.91
Weighted-average common shares outstanding (in thousands)
Basic (in shares)	1,245,253	1,161,318	1,258,602	1,169,350
Diluted (in shares)	1,246,854	1,163,227	1,260,059	1,171,424

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.