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Consolidated Condensed Statements of Operations - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES AND OTHER INCOME    
Net sales $ 6,803 $ 5,975
Interest, dividends and other income 59 36
Losses on sales of assets and other, net (19) (1)
Total 6,843 6,010
COSTS AND OTHER DEDUCTIONS    
Oil and gas lease operating expense 1,217 1,161
Transportation and gathering expense 413 353
Chemical and midstream cost of sales 801 828
Selling, general and administrative expense 267 259
Other operating and non-operating expense 392 410
Taxes other than on income 264 235
Depreciation, depletion and amortization 1,917 1,693
Acquisition-related costs 6 12
Exploration expense 55 66
Interest and debt expense, net 318 284
Total 5,650 5,301
Income before income taxes and other items 1,193 709
OTHER ITEMS    
Income from equity investments and other 139 301
Total 139 301
Income from continuing operations before income taxes 1,332 1,010
Income tax expense (387) (304)
Income from continuing operations 945 706
Discontinued operations, net of taxes 0 182
NET INCOME 945 888
Less: Net income attributable to noncontrolling interest (9) 0
Less: Preferred stock dividends (170) (170)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 766 $ 718
PER COMMON SHARE    
Income from continuing operations—basic (in dollars per share) $ 0.81 $ 0.60
Discontinued operations—basic (in dollars per share) 0 0.21
Net income attributable to common stockholders—basic (in dollars per share) 0.81 0.81
PER COMMON SHARE, DILUTED    
Income from continuing operations—diluted (in dollars per share) 0.77 0.56
Discontinued operations—diluted (in dollars per share) 0 0.19
Net income attributable to common stockholders—diluted (in dollars per share) $ 0.77 $ 0.75