Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 178	$ 334
Receivables, net	1,215	1,146
Inventories	136	125
Other current assets	77	66
Total current assets	1,606	1,671
Equity method investments	657	577
Property, plant and equipment, net of accumulated depreciation, depletion and amortization of $24,346 and $23,876	17,463	17,377
Other noncurrent assets	286	315
Total assets	20,012	19,940
Current liabilities:
Accounts payable	1,480	1,279
Payroll and benefits payable	41	90
Accrued taxes	176	171
Other current liabilities	318	364
Long-term debt due within one year	131	402
Total current liabilities	2,146	2,306
Long-term debt	5,723	5,521
Deferred tax liabilities	209	167
Defined benefit postretirement plan obligations	99	100
Asset retirement obligations	296	295
Deferred credits and other liabilities	151	154
Total liabilities	8,624	8,543
Commitments and contingencies (Note 21)
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 March 31, 2023 and December 31, 2022)	937	937
Held in treasury, at cost – 315 million shares and 304 million shares	(7,814)	(7,512)
Additional paid-in capital	7,149	7,203
Retained earnings	11,017	10,663
Accumulated other comprehensive income	99	106
Total stockholders’ equity	11,388	11,397
Total liabilities and stockholders’ equity	$ 20,012	$ 19,940