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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities      
Net income $ 2,486 $ 2,625 $ 1,850
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation, depletion and amortization 2,250 2,186 2,135
Deferred income taxes 710 692 355
Amortization of excess cost of equity investments 66 75 78
Change in fair market value of derivative contracts (126) 56 20
(Gain) loss on divestitures and impairments, net (Note 4) (15) (32) 1,624
Gain on sale of interest in equity investment (Note 3) 0 0 (206)
Earnings from equity investments (838) (803) (591)
Distributions of equity investment earnings 755 725 720
Pension contributions net of noncash pension benefit expenses 77 (50) (39)
Changes in components of working capital, net of the effects of acquisitions and dispositions      
Accounts receivable 301 (220) (265)
Inventories 188 (183) (202)
Other current assets 108 (51) (109)
Accounts payable (201) 161 387
Accrued interest, net of interest rate swaps (13) 50 (17)
Other current liabilities (58) 6 165
Change in deferred revenues (Note 15) 870 (24) (28)
Rate reparations, refunds and other litigation reserve adjustments (19) (190) (57)
Other, net (50) (56) (112)
Net Cash Provided by Operating Activities 6,491 4,967 5,708
Cash Flows From Investing Activities      
Acquisitions of assets and investments, net of cash acquired (Note 3) (1,842) (487) (1,547)
Capital expenditures (2,317) (1,621) (1,281)
Sales of property, plant and equipment, investments, and other net assets, net of removal costs (28) 6 406
Contributions to investments (212) (229) (38)
Distributions from equity investments in excess of cumulative earnings 228 156 163
Other, net (4) 0 (8)
Net Cash Used in Investing Activities (4,175) (2,175) (2,305)
Cash Flows From Financing Activities      
Issuances of debt 7,590 9,058 5,959
Payments of debt (7,356) (9,735) (6,831)
Debt issue costs (20) (25) (27)
Dividends (Note 11) (2,529) (2,504) (2,443)
Repurchases of shares (Note 11) (522) (368) 0
Proceeds from sale of noncontrolling interests (Note 3) 0 557 0
Contributions from noncontrolling interests 3 2 4
Distributions to investment partner 0 0 (82)
Distributions to noncontrolling interests (151) (116) (20)
Other, net (29) (14) (25)
Net Cash Used in Financing Activities (3,014) (3,145) (3,465)
Net Decrease in Cash, Cash Equivalents and Restricted Deposits (698) (353) (62)
Cash, Cash Equivalents and Restricted Deposits, beginning of period 794 1,147 1,209
Cash, Cash Equivalents and Restricted Deposits, end of period 96 794 1,147
Cash and Cash Equivalents, beginning of period 745 1,140 1,184
Restricted Deposits, beginning of period 49 7 25
Cash and Cash Equivalents, end of period 83 745 1,140
Restricted Deposits, end of period 13 49 7
Noncash Investing and Financing Activities      
Assets contributed to equity investment 16 0 0
Net increase in property, plant and equipment from both accruals and contractor retainage 120 72 74
ROU assets and operating lease obligations recognized (Note 17) 56 22 59
Supplemental Disclosures of Cash Flow Information      
Cash paid during the period for interest (net of capitalized interest) 1,844 1,460 1,529
Cash paid during the period for income taxes, net $ 11 $ 13 $ 10