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Consolidated Statements of Equity and Redeemable Noncontrolling Interest (Consolidated Statements of Equity) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Beginning balance at Dec. 31, 2023 $ 30,504 $ 10 $ (43,502) $ 33,465 $ 34,562 $ (131) $ 6,100
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 1,302       937   365
Dividends declared on common stock (299)       (299)    
Distributions to noncontrolling interests (314)           (314)
Other comprehensive income (loss) (12)         (12)  
Shares repurchased (2,172)   (2,172)        
Share-based compensation (9)     (7) (1)   (1)
Equity transactions of MPLX 210     72 0   138
Ending balance at Mar. 31, 2024 29,210 10 (45,674) 33,530 35,199 (143) 6,288
Beginning balance at Dec. 31, 2023 30,504 10 (43,502) 33,465 34,562 (131) 6,100
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Other comprehensive income (loss) (21)            
Equity transactions of MPLX       151      
Ending balance at Jun. 30, 2024 27,886 10 (48,592) 33,635 36,423 (152) 6,562
Beginning balance at Mar. 31, 2024 29,210 10 (45,674) 33,530 35,199 (143) 6,288
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 1,950       1,515   435
Dividends declared on common stock (290)       (290)    
Distributions to noncontrolling interests (325)           (325)
Other comprehensive income (loss) (9)         (9)  
Shares repurchased (2,918)   (2,918)        
Share-based compensation 29     26 (1)   4
Equity transactions of MPLX 239     79     160
Ending balance at Jun. 30, 2024 27,886 10 (48,592) 33,635 36,423 (152) 6,562
Beginning balance at Dec. 31, 2024 24,303 10 (52,623) 33,624 36,848 (114) 6,558
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 346       (74)   420
Dividends declared on common stock (285)       (285)    
Distributions to noncontrolling interests (364)           (364)
Other comprehensive income (loss) 5         5  
Shares repurchased (1,039)   (1,039)        
Share-based compensation 16     19 0   (3)
Equity transactions of MPLX 83     25     58
Ending balance at Mar. 31, 2025 23,065 10 (53,662) 33,668 36,489 (109) 6,669
Beginning balance at Dec. 31, 2024 24,303 10 (52,623) 33,624 36,848 (114) 6,558
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Other comprehensive income (loss) 6            
Equity transactions of MPLX       (4)      
Ending balance at Jun. 30, 2025 23,264 10 (54,360) 33,658 37,424 (108) 6,640
Beginning balance at Mar. 31, 2025 23,065 10 (53,662) 33,668 36,489 (109) 6,669
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 1,610       1,216   394
Dividends declared on common stock (279)       (279)    
Distributions to noncontrolling interests (368)           (368)
Other comprehensive income (loss) 1         1  
Shares repurchased (698)   (698)        
Share-based compensation 20     19 (2)   3
Equity transactions of MPLX (87)     (29)     (58)
Ending balance at Jun. 30, 2025 $ 23,264 $ 10 $ (54,360) $ 33,658 $ 37,424 $ (108) $ 6,640