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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 246 $ 684
Receivables 2,443 2,418
Inventories 368 361
Other current assets 224 299
Total current assets 3,281 3,762
Equity method investments 1,244 1,279
Property, plant and equipment, less accumulated depreciation, depletion and amortization of $20,639 and $19,266 27,457 28,272
Goodwill 499 525
Other noncurrent assets 2,567 1,468
Total assets 35,048 35,306
Current liabilities:    
Commercial paper 0 200
Accounts payable 2,152 2,324
Payroll and benefits payable 137 217
Accrued taxes 1,397 1,983
Other current liabilities 254 173
Long-term debt due within one year 68 184
Total current liabilities 4,008 5,081
Long-term debt 6,428 6,512
Deferred tax liabilities, noncurrent 2,406 2,432
Defined benefit postretirement plan obligations 739 856
Asset retirement obligations 2,039 1,749
Deferred credits and other liabilities, noncurrent 407 393
Total liabilities 16,027 17,023
Commitments and contingencies      
Stockholders' Equity    
Preferred stock - no shares issued and outstanding (no par value, 26 million shares authorized) 0 0
Common stock issued - 770 million and 770 million shares (par value $1 per share, 1.1 billion shares authorized) 770 770
Common stock, securities exchangeable into common stock - no shares issued or outstanding (no par value, 29 million shares authorized) 0 0
Held in treasury, at cost - 61 million and 63 million shares (2,477) (2,560)
Additional paid-in capital 6,614 6,616
Retained earnings 14,458 13,890
Accumulated other comprehensive loss (344) (433)
Total equity 19,021 18,283
Total liabilities and stockholders' equity $ 35,048 $ 35,306