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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 5,028 $ 2,991
Short-term investments 446 3,609
Accounts and notes receivable (net of allowance of $2 and $4, respectively) 6,543 2,634
Accounts and notes receivable-related parties 127 120
Investment in Cenovus Energy 1,117 1,256
Inventories 1,208 1,002
Prepaid expenses and other current assets 1,581 454
Total Current Assets 16,050 12,066
Investments and long-term receivables 7,113 8,017
Loans and advances-related parties 0 114
Net properties, plants and equipment (net of accumulated DD&A of $64,735 and $62,213, respectively) 64,911 39,893
Other assets 2,587 2,528
Total Assets 90,661 62,618
Liabilities    
Accounts payable 5,002 2,669
Accounts payable-related parties 23 29
Short-term debt 1,200 619
Accrued income and other taxes 2,862 320
Employee benefit obligations 755 608
Other accruals 2,179 1,121
Total Current Liabilities 12,021 5,366
Long-term debt 18,734 14,750
Asset retirement obligations and accrued environmental costs 5,754 5,430
Deferred income taxes 6,179 3,747
Employee benefit obligations 1,153 1,697
Other liabilities and deferred credits 1,414 1,779
Total Liabilities 45,255 32,769
Equity    
Common stock (2,500,000,000 shares authorized at $0.01 par value) Issued (2021-2,091,562,747 shares; 2020-1,798,844,267 shares) Par value 21 18
Capital in excess of par 60,581 47,133
Treasury stock (at cost: 2021-789,319,875 shares; 2020-730,802,089 shares) (50,920) (47,297)
Accumulated other comprehensive loss (4,950) (5,218)
Retained earnings 40,674 35,213
Total Equity 45,406 29,849
Total Liabilities and Equity $ 90,661 $ 62,618