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Inventories

9 Months Ended

Sep. 30, 2025

Inventory Disclosure [Abstract]

Inventories

Note 2—Inventories

			Millions of Dollars
			September 30 2025			December 31 2024
Crude oil and natural gas			$	852		907
Materials and supplies			869			902
Total inventories			$	1,721		1,809
Inventories valued on the LIFO basis			$	509		578

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- References

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

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