XML 99 R55.htm IDEA: XBRL DOCUMENT
v3.25.4

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Earnings Per Share [Abstract] |
Earnings Per Share, Basic and Diluted | The following table presents the calculation of net income (loss) available to common shareholders and basic and diluted EPS for the years ended December 31, 2025, 2024, and 2023. For each of the periods with net income presented in the table below, diluted EPS calculated under the two-class method was more dilutive.
| Millions of Dollars (except per share amounts)
Years Ended December 31 | 2025 | 2024 | 2023
Basic earnings per share |  |  |
Net income (loss) | $ | 7,988 |  | 9,245 |  | 10,957 |
Less: Dividends and undistributed earnings |  |  |
allocated to participating securities | 27 |  | 27 |  | 35 |
Net income (loss) available to common shareholders | $ | 7,961 |  | 9,218 |  | 10,922 |
Weighted-average common shares outstanding (in millions) | 1,252 |  | 1,179 |  | 1,203 |
Net income (loss) per share of common stock | $ | 6.36 |  | 7.82 |  | 9.08 |
Diluted earnings per share |  |  |
Net income (loss) available to common shareholders | $ | 7,961 |  | 9,218 |  | 10,922 |
Weighted-average common shares outstanding (in millions) | 1,252 |  | 1,179 |  | 1,203 |
Add: Dilutive impact of options and unvested |  |  |
non-participating RSU/PSUs | 1 |  | 2 |  | 3 |
Weighted-average diluted shares outstanding (in millions) | 1,253 |  | 1,181 |  | 1,206 |
Net income (loss) per share of common stock | $ | 6.35 |  | 7.81 |  | 9.06 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration