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Stock-Based Compensation (Tables) | 6 Months Ended
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Jun. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs | Stock-based compensation expense is included on the Condensed Consolidated Statements of Income and Comprehensive Income based upon the job function of the employees receiving the grants as follows (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Lease and Well | $ | 18 |  |  | $ | 15 |  |  | $ | 35 |  |  | $ | 28 |
Gathering, Processing and Transportation Costs | 2 |  |  | 1 |  |  | 3 |  |  | 3 |
Exploration Costs | 7 |  |  | 6 |  |  | 14 |  |  | 12 |
General and Administrative | 26 |  |  | 23 |  |  | 51 |  |  | 47 |
Total | $ | 53 |  |  | $ | 45 |  |  | $ | 103 |  |  | $ | 90 |
Schedule of Restricted Stock and Restricted Stock Unit Transactions | The following table sets forth restricted stock and restricted stock unit transactions for the six-month periods ended June 30, 2025 and 2024 (shares and units in thousands):
| Six Months Ended June 30, 2025 |  | Six Months Ended June 30, 2024
| Number of Shares and Units |  | Weighted Average Grant Date Fair Value |  | Number of Shares and Units |  | Weighted Average Grant Date Fair Value
Outstanding at January 1 | 4,699 |  |  | $ | 122.64 |  |  | 4,364 |  |  | $ | 111.24 |
Granted | 73 |  |  | 118.34 |  |  | 84 |  |  | 119.32 |
Released (1) | (79) |  |  | 119.38 |  |  | (163) |  |  | 100.09 |
Forfeited | (79) |  |  | 123.15 |  |  | (119) |  |  | 113.36 |
Outstanding at June 30 (2) | 4,614 |  |  | $ | 122.61 |  |  | 4,166 |  |  | $ | 111.78 |
(1)The total intrinsic value of restricted stock and restricted stock units released during the six months ended June 30, 2025 and 2024, was $10 million and $20 million, respectively. The intrinsic value is based upon the closing price of the Common Stock on the date the restricted stock and restricted stock units are released. (2)The total intrinsic value of restricted stock and restricted stock units outstanding at June 30, 2025 and 2024, was $552 million and $524 million, respectively.
Schedule of Performance Award Transactions | The following table sets forth the Performance Unit transactions for the six-month periods ended June 30, 2025 and 2024 (units in thousands):
| Six Months Ended June 30, 2025 |  | Six Months Ended June 30, 2024
| Number of Units |  | Weighted Average Grant Date Fair Value |  | Number of Units |  | Weighted Average Grant Date Fair Value
Outstanding at January 1 | 559 |  |  | $ | 119.05 |  |  | 630 |  |  | $ | 95.49 |
Granted | 8 |  |  | 134.49 |  |  | 6 |  |  | 125.28 |
Granted for Performance Multiple (1) | 54 |  |  | 96.61 |  |  | — |  |  | — |
Released (2) | (267) |  |  | 96.61 |  |  | (45) |  |  | 43.33 |
Forfeited for Performance Multiple (3) | — |  |  | — |  |  | (135) |  |  | 43.33 |
Outstanding at June 30 (4) | 354 |  | (5) | $ | 132.97 |  |  | 456 |  |  | $ | 116.45 |
(1)Upon completion of the Performance Period for the Performance Units granted in 2021, a performance multiple of 125% was applied to each of the grants resulting in additional grants of Performance Units in February 2025. (2)The total intrinsic value of Performance Units released was $34 million and $5 million for the six months ended June 30, 2025 and 2024, respectively. The intrinsic value is based upon the closing price of the Common Stock on the date the Performance Units are released. (3)Upon completion of the Performance Period for the Performance Units granted in 2020, a performance multiple of 25% was applied to each of the grants resulting in a forfeiture of Performance Units in February 2024. (4)The total intrinsic value of Performance Units outstanding at June 30, 2025 and 2024, was $42 million and $57 million, respectively. (5)Upon the application of the relevant performance multiple at the completion of each of the remaining Performance Periods, a minimum of zero and a maximum of 708 Performance Units could be outstanding.

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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