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Deferred Charges and Other Assets
 12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
DEFERRED CHARGES AND OTHER ASSETS
7.    DEFERRED CHARGES AND OTHER ASSETS

“Deferred charges and other assets, net” consisted of the following (in millions):
December 31,
20252024
Deferred turnaround and catalyst costs, net$2,751 $2,689 
Operating lease ROU assets, net (see Note 5)
1,072 1,098 
Investments in nonconsolidated joint ventures684 695 
Surplus assets in funded pension plans (see Note 13)
948 724 
Purchased compliance credits— 488 
Goodwill260 260 
Intangible assets, net123 151 
Income taxes receivable347 317 
Other976 670 
Deferred charges and other assets, net$7,161 $7,092 
Amortization expense for deferred turnaround and catalyst costs and intangible assets was $876 million, $852 million, and $821 million for the years ended December 31, 2025, 2024, and 2023, respectively.

The entire balance of goodwill is related to our Refining segment. See Note 17 for information on our reportable segments.