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INDUSTRY SEGMENTS AND GEOGRAPHIC AREAS - OTHER SEGMENT EXPENSES (Details) - USD ($) $ in Millions | 1 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Segment Information |  |  |  |
Net sales |  | $ 26,725 | $ 28,257 | $ 36,634
Gains (losses) on sales of assets and other, net | $ 142 | (60) | 522 | 308
Total |  | 26,880 | 28,918 | 37,095
Oil and gas lease operating expense |  | 4,738 | 4,677 | 4,028
Transportation and gathering expense |  | 1,608 | 1,481 | 1,475
Other operating and non-operating expense |  | 1,581 | 1,084 | 1,271
Taxes other than on income |  | 1,039 | 1,087 | 1,548
Cost of sales |  | 3,121 | 3,116 | 3,273
Purchased commodities |  | 337 | 2,009 | 3,287
Depreciation, depletion and amortization |  | 7,371 | 6,865 | 6,926
Total |  | 23,672 | 23,023 | 24,088
Income before income taxes and other items |  | 3,208 | 5,895 | 13,007
Income from equity investments and other |  | 862 | 534 | 793
Income from continuing operations before income taxes |  | 4,070 | 6,429 | 14,117
Oil and gas | Other Operating Segments And Intersegment Eliminations |  |  |  |
Segment Information |  |  |  |
Net sales |  | 21,705 | 21,284 | 27,165
Gains (losses) on sales of assets and other, net |  | (551) | 192 | 220
Total |  | 21,154 | 21,476 | 27,385
Oil and gas lease operating expense |  | 4,738 | 4,677 | 4,028
Transportation and gathering expense |  | 1,583 | 1,427 | 1,393
Other operating and non-operating expense |  | 997 | 889 | 942
Taxes other than on income |  | 1,026 | 1,076 | 1,535
Depreciation, depletion and amortization |  | 6,565 | 6,112 | 6,179
Other segment expenses |  | 993 | 1,031 | 498
Total |  | 15,902 | 15,212 | 14,575
Income before income taxes and other items |  | 5,252 | 6,264 | 12,810
Income from equity investments and other |  | (38) | (24) | (7)
Income from continuing operations before income taxes |  | 5,214 | 6,240 | 12,803
Chemical | Other Operating Segments And Intersegment Eliminations |  |  |  |
Segment Information |  |  |  |
Net sales |  | 4,923 | 5,321 | 6,757
Gains (losses) on sales of assets and other, net |  | 19 | 57 | 65
Total |  | 4,942 | 5,378 | 6,822
Cost of sales |  | 3,367 | 3,425 | 3,909
Depreciation, depletion and amortization |  | 363 | 356 | 370
Other segment expenses |  | 191 | 175 | 149
Total |  | 3,921 | 3,956 | 4,428
Income before income taxes and other items |  | 1,021 | 1,422 | 2,394
Income from equity investments and other |  | 103 | 109 | 114
Income from continuing operations before income taxes |  | 1,124 | 1,531 | 2,508
Midstream and marketing | Other Operating Segments And Intersegment Eliminations |  |  |  |
Segment Information |  |  |  |
Net sales |  | 962 | 2,551 | 4,136
Gains (losses) on sales of assets and other, net |  | 627 | 493 | 267
Total |  | 1,589 | 3,044 | 4,403
Other operating and non-operating expense |  | 298 | 239 | 143
Cost of sales |  | 558 | 597 | 706
Purchased commodities |  | 470 | 2,144 | 3,497
Depreciation, depletion and amortization |  | 329 | 326 | 328
Other segment expenses |  | 151 | 163 | 167
Total |  | 1,806 | 3,469 | 4,841
Income before income taxes and other items |  | (217) | (425) | (438)
Income from equity investments and other |  | 797 | 449 | 711
Income from continuing operations before income taxes |  | $ 580 | $ 24 | $ 273

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