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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities      
Net income $ 2,720 $ 2,486 $ 2,625
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation, depletion and amortization 2,354 2,250 2,186
Deferred income taxes 647 710 692
Amortization of excess cost of equity investments 50 66 75
Change in fair value of derivative contracts 72 (126) 56
Gain on divestitures, net (74) (15) (32)
Earnings from equity investments (890) (838) (803)
Distributions of equity investment earnings 823 755 725
Pension contributions net of noncash pension benefit expenses 9 77 (50)
Changes in components of working capital, net of the effects of acquisitions and dispositions      
Accounts receivable 52 301 (220)
Inventories (12) 188 (183)
Other current assets (46) 108 (51)
Accounts payable (5) (201) 161
Accrued interest, net of interest rate swaps 43 (13) 50
Accrued taxes 5 2 (5)
Other current liabilities (52) (60) 11
Change in deferred revenues (Note 14) (58) 870 (24)
Rate reparations, refunds and other litigation reserve adjustments 24 (19) (190)
Other, net (27) (50) (56)
Net Cash Provided by Operating Activities 5,635 6,491 4,967
Cash Flows From Investing Activities      
Acquisitions of assets and investments, net of cash acquired (Note 3) (62) (1,842) (487)
Capital expenditures (2,629) (2,317) (1,621)
Contributions to investments (121) (212) (229)
Distributions from equity investments in excess of cumulative earnings 177 228 156
Other, net 6 (32) 6
Net Cash Used in Investing Activities (2,629) (4,175) (2,175)
Cash Flows From Financing Activities      
Issuances of debt 10,441 7,590 9,058
Payments of debt (10,557) (7,356) (9,735)
Debt issue costs (33) (20) (25)
Dividends (Note 10) (2,557) (2,529) (2,504)
Repurchases of shares (Note 10) (7) (522) (368)
Proceeds from sale of noncontrolling interests (Note 3) 0 0 557
Contributions from noncontrolling interests 0 3 2
Distributions to noncontrolling interests (154) (151) (116)
Other, net (20) (29) (14)
Net Cash Used in Financing Activities (2,887) (3,014) (3,145)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Deposits (1) 0 0
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Deposits 118 (698) (353)
Cash, Cash Equivalents and Restricted Deposits, beginning of period 96 794 1,147
Cash, Cash Equivalents and Restricted Deposits, end of period 214 96 794
Cash and Cash Equivalents, beginning of period 83 745 1,140
Restricted Deposits, beginning of period 13 49 7
Cash and Cash Equivalents, end of period 88 83 745
Restricted Deposits, end of period 126 13 49
Noncash Investing and Financing Activities      
Net increase in property, plant and equipment from both accruals and contractor retainage 50 120 72
ROU assets and operating lease obligations recognized (Note 16) 36 56 22
Assets contributed to equity investment 0 16 0
Supplemental Disclosures of Cash Flow Information      
Cash paid during the period for interest (net of capitalized interest) 1,816 1,844 1,460
Cash paid during the period for income taxes, net $ 33 $ 11 $ 13