XML 54 R44.htm IDEA: XBRL DOCUMENT v3.25.1
DERIVATIVES - Schedule of Fair Value Derivatives (Details) - Marketing Derivatives - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Gross and net fair values of outstanding derivatives    
Collateral received netted against derivative assets $ 48 $ 12
Collateral paid netted against derivative liabilities   9
Other current assets    
Gross and net fair values of outstanding derivatives    
Netting, asset (828) (512)
Total net fair value, asset 38 35
Other long-term assets    
Gross and net fair values of outstanding derivatives    
Netting, asset 0 (1)
Total net fair value, asset 1 0
Accrued liabilities    
Gross and net fair values of outstanding derivatives    
Netting and collateral, liability 827 512
Total net fair value, liability (70) (29)
Deferred credits and other liabilities - other    
Gross and net fair values of outstanding derivatives    
Netting and collateral, liability 1 1
Total net fair value, liability 0 (1)
Level 1 | Other current assets    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative asset, gross 755 455
Level 1 | Other long-term assets    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative asset, gross 0 0
Level 1 | Accrued liabilities    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative liability, gross (803) (451)
Level 1 | Deferred credits and other liabilities - other    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative liability, gross 0 0
Level 2 | Other current assets    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative asset, gross 111 92
Level 2 | Other long-term assets    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative asset, gross 1 1
Level 2 | Accrued liabilities    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative liability, gross (94) (90)
Level 2 | Deferred credits and other liabilities - other    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative liability, gross (1) (2)
Level 3 | Other current assets    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative asset, gross 0 0
Level 3 | Other long-term assets    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative asset, gross 0 0
Level 3 | Accrued liabilities    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative liability, gross 0 0
Level 3 | Deferred credits and other liabilities - other    
Gross and net fair values of outstanding derivatives    
Commodity contract derivative liability, gross $ 0 $ 0