Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 215	$ 334
Receivables, net	1,294	1,146
Inventories	136	125
Other current assets	58	66
Total current assets	1,703	1,671
Equity method investments	430	577
Property, plant and equipment, net of accumulated depreciation, depletion and amortization of $24,888 and $23,876	17,524	17,377
Other noncurrent assets	262	315
Total assets	19,919	19,940
Current liabilities:
Accounts payable	1,537	1,279
Payroll and benefits payable	50	90
Accrued taxes	102	171
Other current liabilities	305	364
Long-term debt due within one year	131	402
Total current liabilities	2,125	2,306
Long-term debt	5,724	5,521
Deferred tax liabilities	278	167
Defined benefit postretirement plan obligations	105	100
Asset retirement obligations	299	295
Deferred credits and other liabilities	144	154
Total liabilities	8,675	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 June 30, 2023 and December 31, 2022)	937	937
Held in treasury, at cost – 331 million shares and 304 million shares	(8,188)	(7,512)
Additional paid-in capital	7,159	7,203
Retained earnings	11,242	10,663
Accumulated other comprehensive income	94	106
Total stockholders’ equity	11,244	11,397
Total liabilities and stockholders’ equity	$ 19,919	$ 19,940