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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues and other income:    
Revenues from contracts with customers $ 1,567 $ 1,761
Net gain (loss) on commodity derivatives 15 (143)
Income from equity method investments 80 127
Net gain on disposal of assets 5 0
Other income 13 8
Total revenues and other income 1,680 1,753
Costs and expenses:    
Production 201 152
Shipping, handling and other operating 162 185
Exploration 15 11
Depreciation, depletion and amortization 520 423
Taxes other than income 95 104
General and administrative 82 73
Total costs and expenses 1,075 948
Income from operations 605 805
Net interest and other (82) (22)
Other net periodic benefit credits 3 4
Income before income taxes 526 787
Provision (benefit) for income taxes 109 (517)
Net income $ 417 $ 1,304
Net income per share:    
Basic (in dollars per share) $ 0.66 $ 1.79
Diluted (in dollars per share) $ 0.66 $ 1.78
Weighted average common shares outstanding:    
Basic (in shares) 628 730
Diluted (in shares) 629 732