Consolidated Balance Sheet (Unaudited) (USD $) In Millions	Jun. 30, 2011	Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 1,166	$ 795
Accounts and notes receivable (net of allowance of $17 at June 30, 2011 and $15 at December 31,2010)	913	859
Inventories	282	302
Derivative assets	263	400
Other current assets and deferred charges	206	174
Total current assets	2,830	2,530
Investments	1,463	1,344
Property, plant, and equipment, at cost	31,442	30,365
Accumulated depreciation, depletion and amortization	(10,842)	(10,144)
Property, plant and equipment - net	20,600	20,221
Derivative assets	138	173
Other assets and deferred charges	674	704
Total assets	25,705	24,972
Current liabilities:
Accounts payable	988	918
Accrued liabilities	915	1,002
Derivative liabilities	104	146
Long-term debt due within one year	383	508
Total current liabilities	2,390	2,574
Long-term debt	8,927	8,600
Deferred income taxes	3,572	3,448
Derivative liabilities	112	143
Other liabilities and deferred income	1,659	1,588
Contingent liabilities and commitments (Note 12)
Stockholders' equity:
Common stock (960 million shares authorized at $1 par value; 623 million shares issued at June 30, 2011, and 620 million shares issued at December 31, 2010)	623	620
Capital in excess of par value	8,351	8,269
Retained earnings (deficit)	(122)	(478)
Accumulated other comprehensive income (loss)	(95)	(82)
Treasury stock, at cost (35 million shares of common stock)	(1,041)	(1,041)
Total stockholders' equity	7,716	7,288
Noncontrolling interests in consolidated subsidiaries	1,329	1,331
Total equity	9,045	8,619
Total liabilities and equity	$ 25,705	$ 24,972