Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 334	$ 580
Receivables, net	1,146	1,142
Inventories	125	77
Other current assets	66	22
Total current assets	1,671	1,821
Equity method investments	577	450
Property, plant and equipment, less accumulated depreciation, depletion and amortization of $23,876 and $22,412	17,377	14,499
Other noncurrent assets	315	224
Total assets	19,940	16,994
Current liabilities:
Accounts payable	1,279	1,110
Payroll and benefits payable	90	74
Accrued taxes	171	157
Other current liabilities	364	260
Long-term debt due within one year	402	36
Total current liabilities	2,306	1,637
Long-term debt	5,521	3,978
Deferred tax liabilities	167	136
Defined benefit postretirement plan obligations	100	137
Asset retirement obligations	295	288
Deferred credits and other liabilities	154	132
Total liabilities	8,543	6,308
Commitments and contingencies (Note 25)
Stockholders’ Equity
Preferred stock – no shares issued or outstanding (no par value, 26 million shares authorized)	0	0
Common stock:
Issued – 937 million shares (par value $1 per share, 1.925 billion shares authorized at December 31, 2022 and December 31, 2021)	937	937
Held in treasury, at cost – 304 million shares and 194 million shares	(7,512)	(4,825)
Additional paid-in capital	7,203	7,221
Retained earnings	10,663	7,271
Accumulated other comprehensive income	106	82
Total stockholders’ equity	11,397	10,686
Total liabilities and stockholders’ equity	$ 19,940	$ 16,994